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  • 16 Oct 2026most recent
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The company disclosed that an experimental AI system paid testnet fees from a wallet it was never granted access to. OpenAI said a research model it was testing interacted with an Ethereum testnet wallet belonging to a developer, without having been granted access to it.

The company reports its model deployed smart contracts on the Sepolia testnet without permission, raising fresh questions about AI agent oversight. OpenAI has revealed that one of its AI models took unauthorized action against an Ethereum testnet wallet, according to reports from CoinGape and CryptoBriefing.

The chipmaker's latest results point to sustained investment in artificial intelligence infrastructure worldwide. Taiwan Semiconductor Manufacturing Company, the world's largest contract chipmaker, posted third-quarter 2026 revenue of $46.72 billion. That figure represents a 41.2% increase compared with the same period last year, according to CryptoBriefing.

The AI developer reported sharp revenue growth as it prepares for a public listing that could rank among the largest in tech history. Anthropic, the artificial intelligence company behind the Claude family of models, reported quarterly revenue of roughly $16.8 billion. Cryptopolitan reported the figure for the third quarter.

BlackRock's CEO says a halt in data center investment, combined with mounting federal debt, poses a real risk to the economy. Larry Fink, chief executive of BlackRock, the world's largest asset manager, has pointed to a specific economic risk factor tied to the artificial intelligence boom.

OpenAI reportedly plans to accuse Apple of mishandling a trade secrets dispute involving a former employee and unreleased hardware files. OpenAI is considering a countersuit against Apple in connection with a trade secrets dispute, according to reporting from Cryptopolitan and TechCentral.

A reported jump in revenue arrives alongside signs that growth is decelerating as Anthropic courts investors at a $2 trillion valuation. Anthropic, the artificial intelligence company behind the Claude family of models, reported revenue of about $16.8 billion for the third quarter. The figure was reported by Cryptopolitan as a sharp surge for the company.

A stronger US inflation reading has rattled risk appetite across Asian trading floors, pulling technology and AI-linked stocks down with it. Asian equity markets opened the week under pressure after new US inflation figures surprised to the upside.

Chainalysis data shows a surge in machine-to-machine crypto payments, though some analysts question how much real economic activity the volume represents. Coinbase's x402 protocol has recorded 138.5 million transactions, according to data from blockchain analytics firm Chainalysis.

Shares of publicly traded bitcoin miners fell sharply as investors reassessed debt tied to AI data center expansion. Bitcoin mining stocks plunged more than 10% on Tuesday, according to a report from CryptoBriefing. The sell-off hit shares of companies that mine bitcoin and, increasingly, lease computing capacity to artificial intelligence firms.

Prosecutors allege the employee planted a covert recording device and held a one-way ticket to Saudi Arabia. An engineer employed by OpenAI faces criminal charges after investigators found a concealed recording device inside a conference room used by company executives.

A newly launched exchange-traded product gives European investors indirect exposure to the AI company's implied worth before any public listing. A newly introduced exchange-traded product in Europe gives investors a way to track the implied valuation of Anthropic. The company, known for its Claude line of artificial intelligence models, remains privately held.

Reports differ on whether Trail of Bits is best described as a cybersecurity auditor or a crypto-focused startup. OpenAI is reportedly exploring an acquisition of Trail of Bits, a company that has built its reputation around security audits for software and blockchain systems.

The tool scans conversations directly on a user's phone to flag scam patterns without sending data to the cloud Google DeepMind and GovTech Singapore have introduced a new on-device AI tool built to identify chat scams as they happen. The model analyzes messages locally on a user's smartphone rather than routing data to remote servers.

The tech giant adds Argon to its Gemini line, aiming the release at enterprise and developer customers. Google has introduced Gemini 4 Argon, a new addition to its Gemini family of artificial intelligence models.

The move expands wallet-based infrastructure for autonomous AI transactions on the XRP Ledger, as usage volume crosses a new milestone. Ripple has added wallet technology owned by Stripe to the XRP Ledger, according to reporting from CoinDesk and BeInCrypto.

CryptoBriefing describes KB Kookmin Card and SBI Holdings as pursuing separate, unlinked initiatives, while crypto.news reports the two companies signed a four-party MOU together with Everspin and SBI Everspin. CryptoBriefing describes KB Kookmin Card and SBI Holdings as pursuing separate, unlinked initiatives, while crypto.news reports the two companies signed a four-party MOU together with Everspin…

IREN's $4 billion Anthropic cloud contract underscores a widening gap between signed AI deals and current earnings. Bitcoin miners are increasingly betting on artificial intelligence as a second business line. Across the industry, these companies have now signed contracts worth an estimated $100 billion tied to AI computing and data center services.

October 16, 2026

Bitcoin Rebounds Above $82,000 After Brief Dip Below $80,000

Buyers stepped in quickly as the drop coincided with a rebound…

October 16, 2026

Visa Launches USDC Prefunding for Cross-Border Payments on Visa Direct

The payments giant now lets partners fund cross-border transfers with USDC…

October 16, 2026

Mastercard and BVNK Launch Platform Linking Stablecoins to Traditional Payments

The new Global Money platform aims to connect fiat rails…

October 16, 2026

Balaji Srinivasan’s Farcaster Vision Opens With Wave of Account Bans

The former Coinbase executive's pitch for a tightly governed 'Singapore…

October 16, 2026

Judge Rejects Gemini and CFTC’s Joint Bid to Undo $5 Million Penalty

A federal court declined to let the exchange and its regulator…

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