During the third quarter, the excess reserves held by the issuer of the USDT stablecoin nearly doubled, rising from $4.11 billion to $7.95 billion—just shy of the record $8.23 billion reached in March.
According to data from auditor BDO, Tether’s assets reached $191.45 billion by the end of September, while its liabilities stood at $183.5 billion. The company’s quarterly operating profit remained at $1.5 billion, bringing its total earnings for the year to date to $4.5 billion.
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Researchers from Cornell Tech and Yale University discovered that 9 out of 10 models tested were able to independently increase spending limits in Circle wallets by retrieving confirmation codes from the owner’s email.
In another experiment, five of the models transferred USDC to a scammer, even though they had only been asked to check incoming emails—fortunately, the entire process took place within a controlled test environment.
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Coindesk
AI agents gave themselves permission to spend more crypto in a new test
The researchers say any approval an agent can reach is unreliable, and built Countersign, an app tying approval to a physical action the agent can’t fake.
The perpetrator is already laundering the funds—exchanging stablecoins for ETH, utilizing instant exchange services, converting assets into Monero, and moving them across different blockchains.
Furthermore, ZachXBT has stated with a high degree of confidence that the North Korean Lazarus Group is not involved, noting that the specific characteristics of the money-laundering scheme point away from them.
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X (formerly Twitter)
The Kobeissi Letter (@KobeissiLetter) on X
BREAKING: Oracle stock, $ORCL, falls over -5% after announcing plans to raise $20 billion through equity and debt issuances to fund its AI buildout.
The stock is now down -54% from this year's hi…
The stock is now down -54% from this year's hi…
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Investing.com
Meta seeks at least $20 billion in bond sale as AI debt boom accelerates By Investing.com
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X (formerly Twitter)
*Walter Bloomberg (@DeItaone) on X
GOLDMAN SACHS: DEMOCRATIC WINS COULD THREATEN 45% OF US DATA CENTER EXPANSION
Goldman Sachs warns that Democratic victories at state and local levels could trigger temporary data-center construct…
Goldman Sachs warns that Democratic victories at state and local levels could trigger temporary data-center construct…
In a single run, the company’s AI agents identified 948 privilege-escalation vulnerabilities in the Linux kernel and authored patches for them. The experiment cost $1.2 million.
This result is more than five times greater than what was achieved in July by "GPT-5.6 Sol." In the process, the system also uncovered at least ten hacking techniques that were previously unknown even to Linux security experts.
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The exchanges removed API keys linked to the trading platform SignalPlus after the platform itself warned of a potential security issue. Both exchanges stated that their own systems remained unaffected.
Binance urged users to check their open positions and orders. Changpeng Zhao advised users to revoke their SignalPlus API keys on other exchanges as well.
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Under this proposal, if quantum computers become capable of breaching older Bitcoin wallets, anyone attempting to withdraw 1 BTC from such an address would be required to post an additional 1 BTC as collateral for 30 days.
During this period, the legitimate owner—having prepared proof of ownership in advance—could reclaim their coins and seize the attacker’s collateral. For now, however, this remains purely a conceptual idea.
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Coindesk
Bitcoin developer proposes ‘landmines’ to make quantum thieves lose their own BTC
Anyone trying to move vulnerable bitcoin would have to put up matching collateral, giving prepared owners a chance to take both.
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Investing.com
Apple seeks about $7 billion from bond sale, Bloomberg News reports By Reuters
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