Headlines

Open AI’s Astra model is on the way—and very good at breaking into computer systems

OpenAI shared new details on its forthcoming Astra model, which the company said is the first large language model to meet its “critical cybersecurity threshold,” in preparation for its imminent release. “We plan to make Astra available soon,” OpenAI’s blog post reads, “but access to its most advanced cybersecurity capabilities will be more limited.” The…

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Former US Rep. George Santos Banned From Kalshi for Life After Betting on Himself

Kalshi is permanently cutting off George Santos after investigating trades that allegedly exploited his ability to influence the outcome of event contracts. Prediction-market exchange Kalshi has permanently banned former US Rep. George Santos from accessing the platform after its Compliance Department found “reasonable cause to believe” that he engaged in insider trading and market…

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SEC proposes transfer agent overhaul for tokenized securities

The U.S. Securities and Exchange Commission has proposed its first major transfer-agent rule overhaul in more than four decades as blockchain recordkeeping, tokenized securities and automated systems enter regulated U.S. markets. Summary The SEC proposal would update registration, recordkeeping, transfer processing, and asset-safeguarding requirements. Onchain transfer agents would face controls covering digital records, cybersecurity risks,…

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