ChatGPT-5 users on social media platforms were critical of the update, and OpenAI CEO Sam Altman responded to the complaints, pledging improvements. ChatGPT users flooded social media forums with negative comments about the platform's latest model released on Thursday, saying the upgrade was overhyped by OpenAI CEO and co-founder Sam Altman. Users on Reddit criticized the company's ChatGPT-5 model, saying it had a more restrictive rate limit and lacked the ability to switch to previous AI models, with some threatening to switch to competing AI platforms. Altman responded to the feedback in an X post: Altman called GPT-5 “a major upgrade over GPT-4” and a “significant step” along the road to artificial general intelligence (AGI) during Thursday’s official rollout. Read more
Court documents showed there was at least one 90-year-old, and some people had “set in stone” their opinions about the Tornado Cash co-founder’s criminal charges. A 12-person jury, including a member who celebrated her 90th birthday, deliberated this week in the complex case of Roman Storm, co-founder of Tornado Cash. They convicted Storm on one count of running an unlicensed money transmitting business, while remaining unable to reach a decision on other charges. According to court documents released on Thursday by Judge Katherine Failla, jurors in the Storm case sent several requests for information before declaring they were deadlocked on two of the charges. Among the letters to the judge were requests for transcripts of the testimony of several witnesses, clarification on what led to the indictment, and a specific query on the wallets included in North Korean sanctions. Read more
A bullish regulatory tailwind is forming as the SEC clarifies its stance on crypto, liquid staking and tokenization — with institutional investors and IPOs responding in kind. The US Securities and Exchange Commission’s (SEC) historic shift in favor of digital assets is emerging as one of the most significant developments of the current Trump administration. Yet, investors may not fully grasp what it means for crypto adoption and its integration into the core of American financial services. That’s one of the key takeaways from recent remarks by Bitwise CIO Matt Hougan, who believes markets are underestimating the regulatory tailwinds now forming in the world’s largest economy. Project Crypto, the SEC’s initiative to modernize its approach to digital assets, was unveiled last week in direct response to the White House’s Working Group on Digital Assets. The program aims to create clearer, more consistent crypto regulations going forward. Read more