US President Donald Trump previously tapped David Sacks as his AI and crypto czar before Sacks stepped down from the role earlier this year after reaching his service limit as a special government employee. US Treasury Secretary Scott Bessent is reportedly being considered as US President Donald Trump’s next artificial intelligence czar, days after Trump announced plans for an “AI Force” amid mounting concerns about the technology’s risks. Bessent is a frontrunner for the position, three sources familiar with the matter told Semafor. Other candidates include the White House Office of Science and Technology Policy Director Michael Kratsios and Office of Personnel Management Director Scott Kupor, a former managing partner of venture capital firm Andreessen Horowitz and National Cyber Director Sean Cairncross. However, White House spokesperson Kush Desai told Semafor that “any reporting about personnel decisions that have not been officially announced by the administration should be regarded as baseless speculat...
SlowMist said malicious FomoPeek versions distributed through Apple’s App Store used iOS kernel exploits to escape the sandbox and access sensitive data from other apps. A malicious iOS app distributed through Apple’s App Store has been linked to nearly $580,000 in stolen crypto after researchers found it contained multiple kernel exploits capable of escaping Apple’s sandbox and accessing sensitive wallet data. According to an investigation published by blockchain security firm SlowMist, the app, called FomoPeek, introduced two malicious modules that could exploit iOS vulnerabilities, gain elevated privileges and access Keychain data and files belonging to other apps. SlowMist said the affected versions were released on Sept. 9 and Sept. 12, while version 1.3, released Sept. 17, removed the malicious components. Read more
BlackRock says AI agents could drive demand for stablecoins and programmable payment rails, while tokenized computing capacity could create another opportunity for digital assets. The world’s largest asset manager, BlackRock, says broad AI adoption could represent an underappreciated source of demand for digital assets. In its latest research paper, “The Machine-Native Economy,” BlackRock said the rise of AI and machine-to-machine payments could increase demand for blockchains and other programmable payment infrastructure, including stablecoins and other on-chain assets. It also sees a potential opportunity for digital assets to support the compute market, allowing claims on computing capacity to be tokenized, traded and used as collateral. “Together, these developments position AI as a structural catalyst for digital asset adoption and digital assets as a potential facilitator of the AI economy,” BlackRock’s Will Su, Robert Mitchnick, Jay Jacobs and William Helm wrote. “This relationship remains underappre...
Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman are expected to brief the UN Security Council as it examines AI risks and global security. Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman are expected to brief the United Nations Security Council on Wednesday as the body examines artificial intelligence risks and their implications for international security. According to CNBC, the UN confirmed Altman and Amodei’s participation. Hugging Face CEO Clément Delangue and Yoshua Bengio, co-chair of the UN’s Independent International Scientific Panel on AI, are also expected to take part. Reuters reported that the Security Council meeting will examine growing concerns over AI’s impact on international security. Chinese AI companies DeepSeek and Moonshot have been invited to make statements at the meeting, according to Reuters. DeepSeek is expected to participate, though its founder Liang Wenfeng does not plan to attend, the report said, citing a source familiar with the matter. Read more
The warning comes weeks after the CFTC fined a former White House teleprompter operator who made more than $107,000 trading prediction contracts tied to President Trump’s speeches. The top US derivatives regulator has warned that prediction market contracts tied to what a person says or does carry a heightened risk of manipulation, putting exchanges on notice as the industry faces increasing scrutiny over market integrity. The Commodity Futures Trading Commission’s Division of Market Oversight on Tuesday said it issued an advisory to some of its regulated entities, advising that there are only “limited circumstances” in which “mention markets” — event contracts based on whether an individual will say certain words, attend or appear at an event or interact with another person — can be listed consistently with the Commodity Exchange Act. “These contract types present a heightened risk of manipulation because their settlement turns on the discrete conduct of a person that may be neither independently generated...