The gathering comes days after Dario Amodei and Sam Altman called for greater restraint at the AI frontier, warning that rapidly improving systems could pose increasingly difficult-to-control risks. Leaders of the world’s most powerful AI firms are set to convene in Scotland this week at a summit hosted by Britain’s King Charles III to discuss responsible AI development, amid industry fears that the technology could outpace human control. The event will be held this week at Dumfries House and overseen by the Ditchley Foundation, according to The Sunday Times. Leaders from companies including Nvidia, OpenAI, Anthropic, IonQ and Google DeepMind have been invited to discuss how AI could be developed “for the good of humanity.” The summit would come a week after Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman and SpaceXAI CEO Elon Musk called for greater restraint in frontier AI development. Read more
Robinhood CEO Vlad Tenev said issuers should be involved if tokenized products change shareholder rights or company obligations, but not when they create separate instruments backed by shares. Robinhood CEO Vlad Tenev said companies should not have veto power over tokenized stock products that do not change shareholder rights, issuer obligations or a company’s official stock ledger. In a post on X on Friday, Tenev said the question of issuer consent depends on whether a tokenized product changes the rights attached to the underlying shares or creates new obligations for the company or its transfer agent. If it does, he said the issuer should be involved. However, Tenev said if the product creates a separate financial instrument that holds or references freely transferable shares without changing the issuer’s rights, obligations, or shareholder record, issuer consent should not be required. Read more
The 635-page revised proposal includes Trump-backed ethics provisions and comes just two days before a key procedural vote. Senate Republicans on Sunday released revised text of the CLARITY Act aimed at swaying Democrats ahead of a procedural vote on Tuesday, featuring major changes to rules relating to government officials’ involvement with digital assets. The 635-page proposal, released by US Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis alongside Chairmen John Boozman and Tim Scott, also includes changes to the Blockchain Regulatory Certainty Act (BRCA) and provisions governing stablecoin yield. Lummis said the new ethics provisions had been agreed to by US President Donald Trump. “After a year of intense daily bipartisan negotiations, this bill is ready,” she said. “President Trump voluntarily agreed to unprecedented ethics restrictions, holding every federally elected official, judge, and their spouses to some of the toughest ethics restrictions in US history.” Read more
Attackers reportedly published identity documents and selfies belonging to Revolut customers and threatened to release more data each day until the fintech pays. Threat actors who obtained sensitive Revolut customer information appear to have begun posting the information online and are threatening to release more data every day until “revolut pays.” The newly leaked information reportedly includes selfies and copies of identity documents belonging to tennis player Alexander Shevchenko and Gamdom CEO Felix Römer, CEO of online crypto casino Gamdom, according to an X post from International Cyber Digest on Sunday. “We’re going to start releasing more and more data everyday until revolut pays for leaking their customers,” the attackers reportedly said on Telegram. Cointelegraph reached out to Revolut and Römer for comment. Read more
Crypto’s moment of CLARITY finally arrives with a key Senate vote on Tuesday. AI swarm fears prompt development slowdown, with some predicting big falls in AI stock prices. The CLARITY act heads for a crucial Senate vote on September 15, with Politico reporting that Democrat senators were called to a meeting on Sunday by Minority Leader Chuck Schumer to discuss their position. While Polymarket puts the odds of CLARITY becoming law this year at just 24%, the odds of there being 60 votes in favor of the cloture vote on Tuesday are higher, as it would simply move the bill into the amendment and debate phase. That’s where the rubber would hit the road on issues that have drained support so far including ethics provisions for elected officials, stablecoin yield, and protections for decentralized developers. The bill has now doubled in size to more than 630 pages since the first draft was released in May 2025. It follows a year’s worth of work by both Democrat and Republican senators. A new draft was released last ...