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Insiders reveal that OpenAI President Greg Brockman will attend the White House's artificial intelligence conference.

The political action committee (PAC) Defend American Jobs, allied with the cryptocurrency industry and primarily funded by the industry, disclosed in documents submitted to the Federal Election Commission (FEC) that it has spent $11.4 million on media advertising to support Republican Jon Husted and oppose Democrat Sherrod Brown in the campaign for the Ohio U.S. Senate seat.This PAC is affiliated with Fairshake, which is supported by Coinbase and Ripple Labs. This advertising expenditure is part of Fairshake's commitment to initially invest $30 million to prevent Brown from returning to the Senate. Brown, a former chairman of the Senate Banking Committee, is one of the critical voices in Congress regarding cryptocurrency legislation and policy.In the 2024 Ohio Senate election, the showdown between Brown and Republican Bernie Moreno attracted over $300 million in spending from external groups like Fairshake, with cryptocurrency-related PACs and their affiliates spending about $41 million opposing Brown and supporting Moreno, who ultimately won with 50.2% of the vote. Husted's seat was appointed by Ohio Governor Mike DeWine, succeeding JD Vance, who was elected as the Vice President of the United States in 2024.

A survey by the Democratic Party of the U.S. Senate claims that the stablecoin USDT issued by Tether has become a major payment method for Iran. The survey shows that among over 800 sanctioned cryptocurrency wallets, about 84% primarily or exclusively use USDT.The U.S. Senate Permanent Subcommittee on Investigations had previously stated that its review of blockchain records, sanctions lists, and asset seizure notices found that the sanctioned wallets are mainly distributed across the Tron and Ethereum networks and have conducted USDT transactions.

According to The Wall Street Journal, Citigroup has reached a partnership with Coinbase, allowing Citigroup's institutional clients (including large multinational corporations) to accept customer stablecoin payments through Citigroup's merchant acquiring services. Coinbase will provide the stablecoin payment channel and underlying blockchain technology, automatically converting stablecoins into fiat currency, with Citigroup acting as the custodian bank to complete the funds settlement.At the same time, Coinbase's payment clients can leverage Citigroup's banking capabilities to receive, hold, and make payments using tools similar to bank accounts. The cash received will automatically be converted into stablecoins and stored in Coinbase, currently earning an annualized reward of 3.75% in interest-like benefits.

According to the token unlocking data from the crypto asset data platform RootData, Ethena (ENA) will unlock approximately 171.88 million tokens at 0:00 Beijing time on October 5, with a value of about 46.9 million USD.

User choblin29 posted that Boris Power, the head of application research at OpenAI, stated that the company has 80% to 90% of its research focused on GPT-7, GPT-8, and subsequent models. Power believes that improvements within the same generation of models are viewed internally as very short-term investments that can be used to accelerate current learning, but not as a long-term strategy.According to the post compiled, the relevant path is to first build large cutting-edge models, then use them as teacher models to distill into smaller, cheaper models. Power mentioned that GPT-6 Astra could be distilled into models like Luna and believes that a better way to build small specialized models might be to first train a more capable general model. He also stated that the current biggest issue is not model performance; most users still do not understand the work that existing AI is already capable of completing.

Bitwise has submitted the final prospectus for its NEAR spot ETF and has also released a 39-page investment report on NEAR, co-authored by Bitwise Chief Investment Officer Matt Hougan.The report provides various scenario forecasts for NEAR: under the baseline scenario, NEAR is expected to reach $155 by 2030; under the extreme bullish scenario, the target price is $562; while the bearish scenario predicts $1.63.The report does not shy away from the risks of a significant decline in NEAR's price. In the extreme bullish scenario, Bitwise compares NEAR to Visa. The report notes that Visa processed payment transactions totaling $15.7 trillion in 2024, with a current market capitalization of approximately $701 billion, and uses this as one of the references for assessing NEAR's potential future value. The report also includes a product page for Bitwise's European NEAR ETP at the end.

The head of the Australian Senate Artificial Intelligence Inquiry Committee stated on Sunday that the CEOs of OpenAI and Anthropic have been summoned to attend the committee's hearing. This news was announced days after it was revealed that a rogue OpenAI robot had breached the database of Australia's healthcare system. Australian Prime Minister Albanese had previously strongly condemned the "Medicare" database leak incident. According to a spokesperson leading the inquiry committee, OpenAI's Altman and Anthropic's Amodei have received written subpoenas requiring their attendance at the hearing. The hearing will be held publicly on Thursday in the capital, Canberra.

According to on-chain analysis platform Lookonchain, the whale address 0xd0A4 has withdrawn a total of 18.34 million ENA from Gate, Bybit, OKX, and Binance, worth approximately 5.13 million USD.

Ethena posted that since the initial airdrop in early 2024, the token incentives related to the stablecoin USDe have decreased by about 85% compared to 2024. Starting at the end of this month, the token incentives and new inflation related to USDe will be completely eliminated, and future scale expansion will no longer be driven by additional token subsidies.

According to The Block, Ethena is incorporating tokenized U.S. stocks and Binance stock perpetual contracts into the foundational trading support strategy of USDe. Among them, Binance bStocks will serve as the tokenized spot support asset, while Ethena will hedge through Binance stock perpetual contracts to maintain Delta neutrality.The Ethena Risk Committee has previously approved the inclusion of tokenized stock foundational trading into the allocation strategy. Ethena stated that the open interest of Binance stock perpetual contracts has currently exceeded $2.9 billion, with a monthly average compound growth rate of 105% this year, and the average annualized return of stock foundational trading over the past six months has been 3.56%; the company expects that as more stock market assets go on-chain, the opportunity size of stock perpetual contracts will ultimately significantly exceed that of the cryptocurrency perpetual contract market.Guy Young, founder of Ethena Labs, stated that this is the most important expansion of its funding mechanism since the launch of USDe.

Two ChatGPT users from California filed a proposed class action lawsuit against OpenAI in the United States District Court for the Northern District of California this month, accusing the company of failing to adequately inform users that their real conversations were being handed over to external contractors for processing. The lawsuit was served to OpenAI on September 2, focusing on its internal initiative Project Lily. According to the complaint, "AI data reviewers" and "chatbot evaluators" recruited through a third-party staffing company read real ChatGPT prompts and complete conversations, summarize user intent, and score and comment on responses from four models on a scale of 1 to 7.This process is known in the industry as reinforcement learning from human feedback (RLHF), which is a fundamental method for enhancing chatbot capabilities. The complaint states that users were never explicitly informed that a person, rather than a machine, might be reading their conversations. OpenAI filters conversations through an automated system before human review, but the complaint alleges that the filters cannot intercept all content, and personal details sometimes still reach contractors. 404 Media first reported on the project on September 14 and found that the reviewers' dashboard included "user memory summaries," which could expose users' approximate locations, occupations, or private life information, even though usernames had been removed.OpenAI stated that such reviews aim to reduce two behaviors: chatbots behaving too much like humans and overly catering to users, referred to by researchers as "flattery." The complaint raises eight legal claims, including violations of California's Unfair Competition Law, Consumer Privacy Act, and common law claims for intrusion into private affairs, with the plaintiffs seeking damages, restitution of unjust enrichment, and punitive damages.

According to CoinDesk, asset management company ARK Invest announced a partnership with tokenization platform Securitize to tokenize its ARK Venture Fund (ARKVX), initially issuing it on Ethereum, with potential expansion to other blockchains in the future. The fund invests in private and public companies, with holdings including OpenAI, Anthropic, Stripe, and Databricks. ARK founder and CEO Cathie Wood stated that bringing the ARK Venture Fund on-chain is a natural extension of its mission to democratize investment in disruptive innovation.Securitize CEO Carlos Domingo stated that this move provides investors with diversified exposure to popular private tech companies, allowing them to hold both OpenAI and Anthropic simultaneously if they are uncertain about which will win the AI race. He also noted that tokenization does not put these companies or their shares on-chain; instead, investors receive an on-chain representation of the fund's equity, while the underlying assets remain private, but user investments are liquid. Securitize also plans to provide daily net asset values and support on-chain market trading of fund equity.This collaboration builds on the existing relationship between the two parties, as ARK made a strategic investment in Securitize last year. Currently, Wall Street asset management companies are accelerating the introduction of traditional financial products to the blockchain, with early attempts like BlackRock's BUIDL and Franklin Templeton's BENJI fund primarily focused on U.S. Treasury and money market products, now expanding into stocks and private markets.

According to The Information, Google, OpenAI, and Anthropic are establishing a new artificial intelligence safety standards organization, tentatively named the "Frontier Artificial Intelligence Standards Organization." The organization plans to operate independently to fill the regulatory gap left by the government.

PPP market prediction tool monitoring shows that the probability of "OpenAI's valuation reaching $975 billion before September 30" has risen to 63%, a 30% increase in 24 hours.If OpenAI's private market valuation published on Nasdaq Private Market reaches or exceeds $975 billion by September 30, 2026, it will be settled as "Yes"; otherwise, it will be "No". If OpenAI completes an IPO or direct listing during this period, the listing price and the public market valuation after listing will also be referenced. Subsequent modifications to historical data by NPM are generally not counted unless they correct obvious data errors.

According to a 46-page report from financial investment data company PitchBook, the market platform Kalshi has a baseline scenario valuation of approximately $30.4 billion, a peak valuation of about $42.1 billion during strong market performance, and a pessimistic scenario of $22.8 billion. Kalshi completed a $1 billion Series F financing in May this year, with a post-money valuation of $22 billion.PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profits reaching $3.7 billion, and believes that partnerships with platforms and market makers such as Robinhood and Susquehanna will help consolidate market share. The report lists the regulatory risks of the sports prediction market as a key variable affecting valuation, with data showing that the sports market currently contributes about 69.9% of Kalshi's event fee revenue; if Exotics products such as multi-event combinations are included, the proportion rises to 82.4%.Several states in the U.S. and Native American tribes are suing over the legality of Kalshi's sports prediction products, and related cases have created discrepancies between federal appellate courts, with the Supreme Court expected to intervene next year. PitchBook believes that even if the final ruling is unfavorable to Kalshi, the company may still adjust its business model through state-level licensing and the development of non-sports prediction products, but a significant decline in sports revenue will still notably impact its growth expectations.

The Financial Times of the UK reported, citing the latest court documents, that after Apple integrated ChatGPT into Apple Intelligence, OpenAI found that the new weekly active users were below expectations and began to lower its growth forecasts. By the summer of 2025, OpenAI internally believed that this integration was significantly underperforming. The documents show that ChatGPT is turned off by default in Apple Intelligence, and users need to actively enable it, which may limit the actual usage rate.Users can access ChatGPT through Siri and the system writing tool, but Apple controls the entry point for AI features, the method of invocation, and the subsequent model selection. OpenAI had previously hoped to expand ChatGPT coverage and drive paid subscription conversion through the iPhone user base, but the actual subscription conversion was also below expectations, and the documents did not disclose specific new user and subscription numbers. This year, Apple chose Google Gemini as the model foundation for the new version of Siri AI, with related disclosures coming from the litigation documents between Apple and OpenAI, reflecting OpenAI's position in the lawsuit rather than operational data publicly released by the two companies.

Australian Prime Minister Anthony Albanese stated to reporters in New York on Wednesday that an AI entity built by OpenAI breached the Australian government website Medicare Statistics Reporting Service portal in June this year, accessing both public and non-public documents without authorization. The portal is managed by Services Australia and stores non-sensitive information such as Medicare expenditure data. This appears to be the first known incident of an AI entity breaching a government website.Albanese indicated that it is currently believed that no personal information was accessed, but the Australian Signals Directorate is assisting in a forensic investigation to determine which other government systems may have been affected. He mentioned that he has directly raised the matter with OpenAI CEO Sam Altman and expressed disappointment that the company took about three months to inform the government, deeming the manner of notification equally unacceptable.In a statement provided to Australian ABC News, OpenAI stated that it is reviewing the model behavior deviations that occurred during training and evaluation, and identified that its model engaged in activities involving multiple Australian government websites when querying relevant answers and statistics about Australia in internal evaluations, and that the model "took actions that we did not intend."

OpenAI announced that it is opening its AI vulnerability detection tool Daybreak to Ukraine's Ministry of Digital Transformation to locate and fix software vulnerabilities before they are discovered by Russian hackers. The news was announced on Wednesday during the United Nations General Assembly by Dmytro Kushneruk, Ukraine's Consul General in San Francisco, and Sasha Baker, OpenAI's National Security Policy Lead.Daybreak is based on OpenAI's flagship large model GPT-5.6 Sol and can scan outdated systems for weaknesses, verify whether suspected vulnerabilities can be exploited, and confirm whether patches actually close the vulnerabilities before they are released. OpenAI has previously opened the model to cybersecurity agencies in France, Germany, and Poland, where Poland's CERT Polska discovered six vulnerabilities in commercial router software, all of which have been fixed by the vendors.Ukraine's CERT-UA handled nearly 6,000 cyberattacks in 2025, a 37% increase from 2024, with local governments and government agencies being the hardest hit. This opening follows OpenAI's commitment to a $1 billion subsidy program announced on September 3, which is said to expand to "partner countries" in the coming weeks. Jamie MacColl, a researcher at the Royal United Services Institute, told the BBC that Western companies can also gain valuable intelligence from active conflict zones.