Marc Andreessen Takes Strategic Role in Federal Reserve’s AI Task Force

The post US Digital Dollar Ban Enacted Amid Housing Bill Dispute appeared on BitcoinEthereumNews.com. A US digital dollar ban just became one of the more unusual footnotes in American legislative history — buried inside a housing bill, signed by no one, and set to become law anyway. As of Friday night, the 21st Century ROAD to Housing Act takes effect automatically, carrying with it a four-year prohibition on the Federal Reserve issuing any form of central bank digital currency. Key takeaways A four-year ban on a U.S. CBDC is now embedded in the housing-affordability bill, blocking the Federal Reserve from issuing a digital dollar until the end of 2030. President Trump refused to sign the bill but did not veto it, so it becomes law automatically after a 10-day constitutional window. Republicans inserted the CBDC prohibition into unrelated housing legislation, not a standalone digital currency bill. The Federal Reserve had no active plans to issue a digital dollar before the ban, and ha

Suit claims OpenAI poached Apple workers, coaxing them to share confidential material in bid to create hardware Apple filed a lawsuit against OpenAI on Friday alleging the artificial intelligence firm stole company trade secrets in a move to create its own hardware device. The suit claims OpenAI poached Apple employees, coaxing them to hand over confidential material, product designs and other tightly held information. Continue reading...

The post OpenAI sold AI to Pentagon-blacklisted Chinese firms, raising alarms appeared on BitcoinEthereumNews.com. OpenAI has reportedly supplied AI technology to Chinese companies on the Pentagon’s military-linked blacklist, adding fresh scrutiny to U.S. controls over advanced artificial intelligence exports. Summary OpenAI and Google reportedly provided AI access to Chinese firms on the Pentagon’s Section 1260H blacklist. The reported access has renewed debate over U.S. AI export controls and cloud-based model distribution. The development comes as OpenAI expands GPT-5.6 Sol, Terra, and Luna across ChatGPT, Codex, and its API. According to the reported findings, OpenAI and Google provided access to their AI models to Chinese companies included on the U.S. Department of Defense’s Section 1260H list, which identifies entities the Pentagon believes are tied to China’s military-industrial complex. While inclusion on the list does not automatically prohibit commercial dealings or trigger

OpenAI has reportedly supplied AI technology to Chinese companies on the Pentagon’s military-linked blacklist, adding fresh scrutiny to U.S. controls over advanced artificial intelligence exports. According to the reported findings, OpenAI and Google provided access to their AI models to…

The post Forecasting the upcoming week: US CPI and Warsh testimony to test the Dollar’s recovery appeared on BitcoinEthereumNews.com. The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also attract significant attention. The US Dollar Index (DXY) trades near 101.00, recovering from a one-week low hit earlier on Friday as investors balance softer recent labor market data against renewed geopolitical uncertainty and persistent inflation concerns. Tuesday’s US CPI report will be the central event for the Greenback. Headline CPI is expected to decline 0.1% MoM in June, following a 0.5% increase in May, while annual inflation previously stood at 4.2%. Core CPI is forecast to rise 0.3% MoM,

Reversing rate cuts could destabilize markets, increase borrowing costs, and pressure non-yielding assets like cryptocurrencies globally. The post Expert warns Federal Reserve may reverse rate cuts that stabilized economy appeared first on Crypto Briefing.

The post South Korean Won: Rate hike support from exports and inflation – DBS appeared on BitcoinEthereumNews.com. DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and investment linked to the AI (Artificial intelligence) boom and note that Korean Won weakness and portfolio outflows further justify tighter monetary policy. Korean policy tightening backed by data “The Bank of Korea is expected to raise the base rate to 2.75% from 2.50% in July.” “The BoK signaled in June that it remains prepared to tighten monetary policy despite the recent decline in oil prices following the easing of tensions in the Middle East.” “CPI inflation has remained above 3% yoy for two consecutive months through June, and is expected to stay around this level for the remainder of the year, supported by lingering cost pass-through, elevated inflatio

The post Ethereum Foundation Set AI Agents Loose on Its Code: Here’s What They Actually Found appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum Foundation AI agents uncovered CVE-2026-34219, a remotely-triggerable bug in libp2p’s gossipsub. One agent produced about 1,000 candidate findings, with 86% of top-tier picks surviving expert review. The foundation said July 9 that triage, not bug-finding, is the bottleneck; human validation stays essential. A Lot of Misdiagnosis The experiment was detailed in a blog post published July 9 by Nikos Baxevanis of the foundation’s protocol security team, under a title that doubled as the firm’s thesis, i.e. “The triage is the product.” The findings drew wide attention as the most flagged issues turned out to be false positives (even though there were real bugs in the mix). Ethereum Foundation blog detailing the false positives encountered from its recent tests. The headline discovery is real enough, as the agents helped surface a remotely