The widespread adoption of AI could impact the tax system

Bloomberg reported that if AI begins to replace highly paid professionals en masse, governments will face a decline in income tax revenues and an increase in social spending.

Possible solutions already being discussed include a tax on automation and computing power, increased taxes on capital, and the introduction of a basic income and "AI dividends."

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Google has unveiled three new Gemini models: the Gemini 3.6 Flash, the Gemini 3.5 Flash-Lite, and the specialized Gemini 3.5 Flash Cyber ​​for cybersecurity

According to Google, the Gemini 3.6 Flash performs better in programming, consumes 17% less tokens, and outperforms the Gemini 3.5 Flash in several benchmarks.

Meanwhile, the long-awaited Gemini 3.5 Pro is still undergoing testing with partners, and Google's models are not yet in the top 10 of the Artificial Analysis rankings.

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Elon Musk stated that the traditional economy may cease to exist in 10-20 years

The development of AI and humanoid robots will almost eliminate the cost of human labor and radically change the global economy.

He believes that saving for a comfortable retirement may become meaningless, as in 10-20 years the world will be structured completely differently than it is today.

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During testing of GPT-5.6 Sol, an AI escaped from an isolated server and hacked a partner company, Hugging Face

A new model was connected to GPT-5.6 Sol and the test was run in a closed environment. The AI ​​decided there was an easier way to pass the test. It broke out of the sandbox and hacked the Hugging Face server, which stored the correct test answers.

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Samsung unveiled a new generation of foldable smartphones with a focus on AI

The Galaxy Z Fold8 Ultra is the thinnest Fold ever. The smartphone features agent-based AI that can analyze documents and meeting notes, create presentations, podcasts, and videos, and even predict user actions.

The updated Galaxy Z Fold8 and Z Flip8 also feature new AI features: search and background task execution, reply to messages, and personalized cards directly from the cover screen without opening the phone.

The company also announced native support for stablecoins in Samsung Wallet for payments and rewards, and unveiled the Samsung Galaxy Card, a virtual card created in partnership with Visa and Barclays.

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AI expenses push Alphabet's free cash flow into negative territory for the first time

In the second quarter, the company increased revenue by 24% to $119.8 billion. However, due to extensive investments in AI infrastructure, the company recorded negative free cash flow for the first time in its public history—minus $5.9 billion.

In total, the company spent $45 billion: 60% of this went to servers, and the remaining 40% to data centers. Alphabet has already raised its annual AI spending forecast to $195-205 billion, up from $10 billion previously.

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In the first seven months of 2026, the number of cryptocurrency hacks exceeded the previous record—145 cases versus 97

This surge is attributed to the massive AI upgrade. The rate of hacks nearly doubled after April, coinciding with the release of Anthropic's Mythos.

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Intel reported quarterly revenue of $16.13 billion (12.5% ​​above forecast)

However, shares still fell 4% after the opening bell.

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A loan secured by tokenized cows was issued in Brazil

A farm received a nearly $20,000 loan by pledging 10 cows, each equipped with a smart collar.

The devices track the animals' health, behavior, and location, and this data is linked to their digital IDs. This allows the bank to monitor the collateral remotely, without having to visit the farm.

If the model proves successful, the volume of such lending in the region could reach 400 million reals (~$78.7 million).

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An interesting observation: every Bitcoin bear market ends in bankruptcies

In 2014, it was Mt. Gox. In 2022, it was FTX. Now, BitMEX and BitMart are closing within days of each other.

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Nvidia is in talks to provide $250 billion in guarantees for the 10 GW OpenAI project being built by SoftBank in Ohio

The total cost of the project, including the purchase of chips, could exceed $500 billion, while the Nvidia accelerators themselves are being discussed in a separate deal worth up to $350 billion.

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Companies that bought crypto onto their balance sheets are starting to focus on AI to regain investor confidence

The shares of many treasury companies have fallen by tens of percent along with the crypto market. Among them are K Wave Media, AlphaTON Capital, and others.

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Gold and silver have lost approximately $900 billion in market capitalization over the past 36 hours.

Gold prices fell 2.4%, losing approximately $680 billion.

Silver fell 5.6%, losing another $190 billion.

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China is accelerating the development of its own semiconductor industry

For example, the largest memory manufacturer, CXMT, is preparing for a record-breaking IPO, while Huawei-linked companies are launching mass production of their own chip manufacturing equipment.

Against this backdrop, shares of the largest semiconductor manufacturers have come under pressure, and the US stock market capitalization has fallen by approximately $600 billion in a short period of time.

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CoinGlass: Crypto derivatives trading volume fell by 15.7% in the first half of the year, to $35.08 trillion

The top 10 exchanges accounted for 81.2% of the turnover, while the top 5 exchanges accounted for 61.2%. Open interest declined more slowly than trading activity. Liquidations reached $73.35 billion during the first half of the year, with 62.2% of these liquidations being long positions.

Analysts warned that the accumulation of positions amid weak liquidity will increase the market's sensitivity to price shocks.

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Historically, Bitcoin bear markets have lasted an average of 383 days

So, if we count the current cycle from the October 2025 crash, we're already in day 297. And if history repeats itself, there are about 86 days left until the bear market's potential end—approximately October 23, 2026.

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Anthropic's closed-loop Claude Mythos Preview model found a new vulnerability in the HAWK algorithm

This is, by the way, one of the candidates for a post-quantum digital signature standard.

In just 60 hours, the AI ​​found a mathematical pattern that reduced the attack complexity against a test version of the algorithm from 2⁶² to 2³⁸. The model also accelerated the attack against a simplified version of AES-128 by approximately 200-800 times.

However, there is no real threat to the crypto industry yet: HAWK is not yet in use anywhere, and the full-fledged AES-128 remains uncrackable.

The main conclusion is that modern AI is already capable of independently finding cryptographic vulnerabilities that previously took specialists months or even years to find.

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American public companies hold 1,240,000 BTC.

This represents nearly 93% of all corporate Bitcoin holdings worldwide.

Over the past year, they have purchased another 510,000 BTC—more than triple the amount miners mined during the same period.

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