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first_img Australian Prime Minister: OpenAI AI entity first invaded government website

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."

Data: Garrett Jin, representing the whale entity, once held 10 billion USD in BTC and has incurred significant losses multiple times over the past year

According to EmberCN monitoring, the whale entity represented by Garrett Jin accumulated approximately 100,800 BTC at an average price of about $7,242 from May to June 2018. The value of the holdings at the same time last year once exceeded $10 billion, and subsequent investment funds mainly came from selling BTC.Starting in August 2025, the entity gradually sold about 89,000 BTC and bought approximately 900,000 ETH, with an average cost of over $3,500 for ETH. The related ETH was subsequently transferred to Binance in the first half of 2026. In December 2025, the entity went long on ETH on Hyperliquid; in early February 2026, the price of ETH dropped from $3,000 to $1,800, resulting in a liquidation of 213,000 ETH long positions worth about $670 million, with a margin loss of approximately $230 million.During the same period, the entity was believed to have provided some funds to Trend Research. A leveraged long position of 651,500 ETH by Trend Research had a stop loss, resulting in a loss of about $734 million. The entity also extracted and purchased on-chain through Binance from February to June this year, accumulating approximately 289.6 million "Binance Life" tokens, valued at about $150 million, accounting for 28.9% of the total supply of the token. In March, when the entity exchanged 50.43 million aEthUSDT for aEthAAVE, it encountered extreme slippage, only exchanging for 327.2 AAVE, resulting in a loss of about $50.39 million. Since July, the entity has been shorting ZEC on Hyperliquid, currently facing an unrealized loss of about $34 million.

Former Deputy Governor of the Bank of England Jon Cunliffe has joined blockchain payment company Fnality and serves as the Chairman of the UK entity

According to Bloomberg, Jon Cunliffe, the former Deputy Governor for Financial Stability of the Bank of England, has joined the blockchain payment company Fnality and will serve as the Chairman of its UK entity. Jochen Metzger, the former Director General for Payment and Settlement Systems of the German central bank, has been appointed as a member of the Supervisory Board of Fnality Europe and is expected to serve as its Chairman; Ron Berndsen, the former Head of Supervision and Head of Market Infrastructure Policy at the Dutch central bank, will also join the Supervisory Board.Fnality operates a wholesale payment system that allows banks to settle debts using central bank currency balances. Its pound sterling system, regulated by the Bank of England, went live in 2023 and is currently seeking regulatory approval to launch versions in US dollars and euros. Fnality states that the system is designed to support the tokenized trading of traditional assets such as stocks and bonds, enabling the synchronized flow of securities and payment funds across interconnected digital networks, thereby shortening settlement times and supporting round-the-clock trading. Fnality was established in 2019, with investors including major financial institutions such as Goldman Sachs, UBS Group, Santander Bank, Bank of America, and Citigroup.
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