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Trump agrees to stricter ethics rules to save Clarity Act crypto bill: AP

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Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns


President Donald Trump agreed to expanded conflict-of-interest rules and state-level enforcement powers to secure key Senate votes for the Clarity Act.

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HYPE Price Could Suffer As Binance Takes Its Revenue: Alice Liu

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HYPE Price Could Suffer As Binance Takes Its Revenue: Alice Liu

Despite Bitcoin failing to hold above $80,000 following the recent rally, the cryptocurrency is unlikely to revisit the lower price levels it has hovered near for much of this year, according to CoinMarketCap Head of Research Alice Liu.

“I think we might have already touched the bottom,” Liu tells Cointelegraph on Trade Secrets, referring to Bitcoin falling to around $59,000 in June this year, approximately 53% below its October all-time high of $126,100. 

Bitcoin recently tapped $81,600 at the start of September, an approximate 28% rally since mid-August. It pushed the CoinMarketCap Crypto Fear & Greed Index, which measures overall sentiment in the crypto market, back up to Greed after posting Fear scores for most of the year.

However, Liu says some of the more interesting narratives are unfolding outside Bitcoin, particularly in the markets for tokenized real-world assets and perpetual futures. “For Hype [Hyperliquid], there are two things I want to mention. Number one is the activity, and number two is the price, because the network activity doesn’t necessarily translate to the price, and vice versa,” she says.

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Hyperliquid ‘still leads’ says Alice Liu

“One interesting thing is I was looking at the RWA perps for the past two months, so the perpetrals backed onto tokenized stocks, tokenized ETFs, and tokenized indices,” she says. Liu said that while Hyperliquid currently holds market share, that might not always be the case as centralized exchanges swoop in.

“Tokenization of the perps, people normally traded on Hyperliquid. But since Binance started to launch the RWA perps, the volume and liquidity quickly moved to Binance,” Liu says. 

“Binance takes about 50% of the market share. But when it comes to DEX, Hyperliquid still leads in that space,” she says.

Hyperliquid is up 47.50% over the past 30 days. Source: CoinMarketCap

“Hyperliquid is still a venue where a lot of the liquidity is getting aggregated, and a lot of the product’s scale is created there.” 

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On the Hyperliquid token’s price, Liu points to a different driver. “Hype did hit an all-time high recently: $86. And what’s really interesting is the buybacks.” She explains that Hyperliquid is leading the pack in token buybacks, which is when a project uses its revenue to buy back its own tokens on the open market.

“Hype has spent over $400 million USD on token buybacks. So I think some of this price action momentum we’re seeing is supported by that as well,” Liu says.

She says that Hyperliquid only has a small amount of tokens unlocked, so we’ll continue to see the token unlocks gradually come out.

Alice Liu is more cautious on the AI-crypto narrative

Liu says that means the Hype price is dependent on revenue flowing in to support buybacks.

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“So, will we have enough activity on the network to generate the revenue to continue with the buybacks to support the price level? I think that’s one of the key things to watch.” 

While Liu remains bullish on Hyperliquid, she is more cautious on the AI-crypto narrative, particularly AI tokens with little or no utility that surged in popularity in late 2023.

“They are facing such big competition at the moment with the actual AI stocks, all the memory stocks, and all the AI companies. So I think that might be the competitor they’re facing,” Liu says

“For the previous cycle meme-ified AI tokens that do not have any utility or infrastructure, and are purely just backing onto a concept. I think those could potentially go to zero,” she says.

However, Liu emphasizes that there are “some really solid” AI infrastructure projects. “I think they will have utilities too. But even then, I think they’re likely to get a price discount,” she says.

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Liu says Bitcoin and the broader crypto market are being underestimated as a place to park funds in the current economic environment, but she takes a more conservative view than Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood, who have both predicted Bitcoin will reach $1 million by 2030.

“Bitcoin to $500K by 2030,” Liu laughs.

“It’s not unlikely that we might hit one million, but I’ll give it a more conservative answer,” Liu adds.

Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.

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Ethereum Price Prediction: Supply Shock Could Send ETH Above $3,000

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ETH consolidates as exchange supply tightens. Our price prediction eyes a breakout that could send Ethereum toward $3,000.

Ethereum trades at just above $2,500, but the flat 24-hour print masks a more interesting story underneath that could flip its price prediction trajectory. Exchange balances are drying up. Whales are pulling coins off order books faster than most traders realize.

ETH rallied to an eight-month high of $2,660 before pulling back into the current consolidation zone near $2,474–$2,515. Over $300 million worth of ETH was left on exchanges during that advance, and the trend hasn’t reversed.

ETH consolidates as exchange supply tightens. Our price prediction eyes a breakout that could send Ethereum toward $3,000.
ETH Exchange Balance/ Price, Cryptoquant

Exchange-held supply has fallen to roughly 14.7 million ETH, down sharply from prior highs above 20 million, while nearly 43 million ETH, or about 35% of total supply, sits locked in staking contracts. That’s a meaningful chunk of circulating supply removed from active sell-side liquidity.

The setup echoes a prior triangle pattern that preceded a 30.91% rally, and macro conditions are adding another layer to watch; rate-hike odds and inflation data remain wildcards for risk assets broadly, including ETH.

Discover: The Best Token Presales

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Ethereum Price Prediction: Can ETH Hit $3,000 This Week?

ETH is holding at $2,510, essentially flat over 24 hours, inside a tightening triangle formation. Buyers keep defending higher lows near $2,400–$2,430, while sellers cap advances close to $2,626. That’s a classic coiling pattern, the kind that eventually resolves with force in one direction.

The 20-day EMA sits near $2,293.75 and the 200-day EMA around $2,161.32, both sloping upward and keeping the broader trend intact. A close above the triangle’s upper boundary at $2,626 opens a path toward $2,800 and then $3,000. Failure to hold $2,380–$2,400 support flips the script and exposes ETH to a deeper retest of the mid-$2,300s.

Ethereum (ETH)
24h7d30d1yAll time

Bull case: breakout above $2,626, supply squeeze accelerates, $3,000+ within reach. Base case: continued sideways grind between $2,400 and $2,600 while the market waits on macro catalysts. Bear case: support fails, $2,300 becomes the next battleground.

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LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

ETH holders sitting on gains from the $1,550 bottom have already captured the bulk of this move, and a breakout to $3,000 is a solid trade, not a life-changing one at this market cap. That math is pushing a segment of traders toward earlier-stage infrastructure plays where upside isn’t capped by a trillion-dollar valuation.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. With Liquid, developers deploy once and reach all three ecosystems, rather than fragmenting liquidity across chains.

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The presale token sits at $0.014955, with close to $970K raised so far. Core features include a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement.

Research LiquidChain before the round progresses further.

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Symbiosis Says it Recovered 15 BTC from Bridge Hack, Offers 20% Bounty

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Symbiosis Says it Recovered 15 BTC from Bridge Hack, Offers 20% Bounty

Cross-chain liquidity protocol Symbiosis said it recovered 15 Bitcoin, worth around $1.1 million, from a Bitcoin bridge exploit it suffered Friday.

Symbiosis said it recovered 15 Bitcoin (BTC) into a team-controlled multi-sig wallet and clarified that all routes remain operational, according to a Friday X post. The exploit affected Symbiosis’ native Bitcoin bridge, which remains paused.

The attacker’s address minted 46.1 billion unbacked tokens from the protocol’s Bitcoin bridge but realized net proceeds of 4.3 Wrapped Bitcoin (WBTC), worth $336,000, according to blockchain security company Blockaid, which flagged the exploit on Friday. The protocol has not specified how the recovered Bitcoin relates to the $336,000 in proceeds attributed to the attacker.

Symbiosis is now offering a 20% bounty to anyone who provides information that leads to asset recovery. The protocol initially offered a 20% white-hat bounty for the attacker to return the funds, but the deadline expired on Sunday. The protocol said it will reveal a compensation framework for affected liquidity providers.

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DefiLlama clocked around $336,000 lost in the exploit, but the protocol has yet to disclose its final accounting of losses incurred.

Bridge exploits continue testing DeFi

In June, Secret Network suffered an “infinite mint” exploit that drained about $4.6 million from the protocol.

In May, the Verus-Ethereum bridge was drained in a forged cross-chain transfer exploit for 5,402 Ether, then worth about $11.6 million. The hacker returned 75% of the stolen funds and kept about 1,350 Ether, or $2.8 million, a day after the protocol offered it a 25% white-hat bounty.

Related: Anthropic says Claude used for cyberattacks and surveillance

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Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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EU Cyber Rules Put Crypto Wallet Makers on 24-hour Reporting Clock

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EU Cyber Rules Put Crypto Wallet Makers on 24-hour Reporting Clock

The EU is telling cryptocurrency hardware and software wallet providers that they have 24 hours from awareness to report actively exploited bugs or severe security vulnerabilities affecting their products.

The measure is part of the EU’s Cyber Resilience Act (CRA), which took effect on Friday, according to an announcement from the European Commission.

Manufacturers must submit an early warning for severe vulnerabilities within 24 hours, followed by a full notification within 72 hours. A final report will be required 14 days after corrective or mitigating measures are available and within one month for severe incidents.

The EC said the new reporting requirements aim to better protect consumers and businesses from cyber threats. The measure extends to all products “with digital elements made available in the EU” and builds on the EU’s broader cybersecurity strategy.

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Cointelegraph has approached the European Commission for more details surrounding the cybersecurity measures.

Related: German finance ministry proposes 25% crypto tax starting 2028: Report

Fines could reach $17 million

Companies that fail to adhere to the cybersecurity measures under Articles 13 and 14 may face an administrative fine of up to 15 million euros ($17.3 million) or 2.5% of worldwide annual turnover, depending on which figure is higher, according to the penalties section of the final draft.

Supplying incorrect, incomplete or misleading information will also subject companies to an administrative fine of up to 5 million euros.

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Excerpt from Final Text, European Cyber Resilience Act. Source: European-Cyber-Resilience-Act.com 

The measure was revealed weeks after two popular hardware wallet providers disclosed user data breaches that could lead to phishing or social engineering attempts. 

On Sept. 4, hardware wallet provider Trezor revealed that an additional 67,000 US customers were at risk from the data breach suffered by its shipping provider, ShipMonk, exceeding the initially estimated 14,000 users.

On Wednesday, Trezor and BitBox warned users about phishing emails disguised as urgent security notices after suspected compromises involving third-party email services.  

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In June, Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data.

Cointelegraph has approached wallet makers Trezor and Ledger for comment on how wallet providers would comply with the new reporting requirements.

Magazine: How Hong Kong is turning tokenized bonds into real market infrastructure

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Elon Musk Drops a Bombshell: Grok 5 Could Be the AGI Breakthrough

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Missile Defense to 25-Minute Flights, Dan Held Explains Why SpaceX Will Hit $100 Trillion

Elon Musk signaled on September 14 that Grok 5, xAI’s next major model, is the version he expects to reach artificial general intelligence (AGI).

The billionaire made the claim across two related posts on X, sparking immediate debate among researchers and traders alike.

What Musk Actually Said About Grok 5

Artificial general intelligence, or AGI, describes AI systems capable of matching or exceeding human performance across a wide range of intellectual tasks, rather than excelling at narrow, specific functions. That distinction sits at the center of Musk’s latest comments.

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Earlier that day, Musk announced that Grok 4.8, a 2.5-trillion-parameter model built on xAI’s new C++ software stack, would finish training within the week and move into reinforcement learning. When a user asked how close Grok 4.8 would come to AGI, Musk replied simply: “That will be Grok 5.”

He followed up minutes later with a clearer roadmap. Grok 4.7, he said, performs roughly on par with Anthropic’s Opus 5.0, stronger in some areas and weaker in others, with multimodal capabilities still needing work.

Grok 4.8 would deliver a noticeable improvement, while Grok 4.9 would likely reach Astra or Fable-class performance. Looking further ahead, Musk wrote: “Grok 5 maybe better than anything. We shall see.”

Follow us on X to get the latest news as it happens.

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xAI has pursued aggressive scaling since launch, combining massive compute clusters with distinctive data sources, including real-time information from X and specialized engineering knowledge drawn from SpaceX.

That approach has enabled the company to close performance gaps with longer-established labs in a comparatively short timeframe.

Why Does This AGI Timeline Matter Right Now?

If Grok 5 delivers capabilities at or beyond human-level performance, the implications extend well beyond chatbot benchmarks.

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Musk has previously argued that advanced AI systems could dramatically expand global economic output within just a few years, accelerating progress across fields ranging from scientific research to robotics and software development.

That same potential carries serious risk, however. Current concerns center on systems pursuing goals misaligned with human values, the difficulty of maintaining reliable control once models exceed human intelligence in key domains, and the possibility of rapid, hard-to-predict capability jumps.

Job displacement, concentration of power among a handful of companies, and the misuse of powerful models by bad actors round out the list that experts continue debating.

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The timing adds an unusual wrinkle. Musk made these AGI comments the same day he publicly backed a separate call from Anthropic’s Dario Amodei, urging the AI industry to slow the pace of capability development, a pairing that highlights the tension between racing toward AGI and simultaneously warning about its dangers.

Whether Grok 5 ultimately fulfills Musk’s expectations remains genuinely uncertain. xAI’s trajectory nonetheless underscores two things happening at once: the accelerating pace of frontier AI progress, and the growing urgency around addressing the risks that progress brings, even according to the people building it.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights.

The post Elon Musk Drops a Bombshell: Grok 5 Could Be the AGI Breakthrough appeared first on BeInCrypto.

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Stock Market Today: Dow Falls On Rising Oil Prices; Nvidia Sells Off On AI Warning

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Stock Market Today: Dow Rises On Key Inflation Data; Nvidia Earnings Next

Futures for the Dow Jones Industrial Average and the other major stock indexes traded lower Monday as oil prices jumped amid the U.S.-Iran conflict. The Nasdaq took the brunt of the pain as Nvidia (NVDA) and other artificial intelligence stocks sold off on the stock market today after industry leaders called for slowing AI model development. Ahead of Monday’s open,…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Blockchain Week Bulgaria Unveils Agenda

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Blockchain Week Bulgaria Unveils Agenda

Blockchain Week Bulgaria has confirmed its agenda and speaker lineup for both flagship conferences: ETHSofia, taking place Sept. 24, and F3: Future Finance Forum, taking place Sept. 25. The two-day event will bring more than 50 confirmed speakers to Sofia Tech Park.

The program spans from Ethereum’s technical core to the institutions moving regulated finance onchain.

Speakers confirmed across both conferences include representatives from Chainlink Labs, J.P. Morgan Payments, Bitpanda, CertiK, ChainSecurity, Crédit Agricole CIB, Commerzbank AG, the Digital Euro Association, Eversheds Sutherland, Franklin Templeton, the Bulgarian Stock Exchange, the Bulgarian Financial Supervision Commission, and the Ethereum Foundation.

ETHSofia, Third Edition: Program Highlights and Speakers

Now in its third edition, ETHSofia brings together developers, protocol teams, founders, and security researchers to dig into the technical core of the Ethereum ecosystem.

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This year’s agenda covers smart contract security and OPSEC, DeFi, RWA tokenization, Ethereum development, onchain privacy, scaling, and self-custody. Security specialists from CertiK and ChainSecurity, infrastructure builders from Chainlink Labs and Aave Chain Initiative, and voices from the Ethereum Foundation are among those taking the stage.

“I work on the EU rules that decide how crypto-asset markets, AML compliance and privacy on public, permissionless blockchains fit together, not traded off against each other. Ethereum’s CROPS framework gets that right: privacy has to be non-negotiable at the protocol level, and EU law needs to make room for it across payments, compliance and infrastructure alike.” Vyara Savova, Senior Policy Expert, European Ethereum Institute.

F3: Future Finance Forum, Banks, Regulators, and Asset Managers on the Same Stage

F3 puts the institutional side of digital assets front and center, bringing banks, regulators, and asset managers onto the same stage to discuss how tokenization, custody, and digital-asset infrastructure are moving from pilot to production.

Confirmed speakers include representatives from J.P. Morgan Payments, Crédit Agricole CIB, Commerzbank AG, Franklin Templeton, Bitpanda, the Digital Euro Association, Eversheds Sutherland, the Bulgarian Stock Exchange, and the Bulgarian Financial Supervision Commission, covering MiCA and the regulatory landscape in Bulgaria, institutional digital-asset portfolios, RWA, custody, payments, and AI-driven financial infrastructure.

“The digital euro’s decisive challenge is adoption, not technology. Europe should position it as a sovereign public settlement layer, with banks and fintechs leading and competing on the customer experience above it. Without compelling economics, seamless integration, and clear everyday utility, it risks becoming technically impressive infrastructure with limited relevance.” Bojidar Ibrishimov, VP Growth & Innovation at Wiser

Tickets Are Still Available

Tickets for Blockchain Week Bulgaria are currently available, including a combined ticket giving access to both ETHSofia and F3: Future Finance Forum. The combined experience also includes networking opportunities, lunch and coffee breaks, the closing party, and event swag.

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Tickets can be purchased through the official Blockchain Week Bulgaria website: https://www.blockchainweek.bg/get-tickets

About Blockchain Week Bulgaria

Blockchain Week Bulgaria brings together Ethereum builders, financial institutions, regulators, and the wider Web3 community for a week of conferences, workshops, and networking at Sofia Tech Park, positioning Sofia within Europe’s growing digital infrastructure landscape.

The event is made possible by its partners and sponsors, including UEB3, Pashov Audit Group, Bitomat, Unramp, BenchMark, Altcoins, Tangem, Trezor, Bett’r, and mömax, whose support has been essential in bringing the week to life.

For questions, contact us at partners@blockchainweek.bg

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BetFury Launches $100,000 Fury Cruise: All Aboard With an Opportunity To Become a VIP

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[PRESS RELEASE – Willemstad, Curaçao, September 14th, 2026]

BetFury, a leading crypto casino, is setting sail this autumn with Fury Cruise: All Aboard – a platform-wide event running from September 14 to 27, 2026. Across two weeks, players can participate in a series of promotions featuring the $100,000 prize pool. One ultimate destination sits above the rest: one fortunate user will win a full week of VIP Club status on BetFury, regardless of their current platform Rank.

What’s Inside the Fury Cruise

The event runs on BetFury crypto casino with several promotions in parallel across the entire two-week period. They include the Mission Voyage, a Check-In Bonus Roulette, a First-Class Raffle, lucrative giveaways, and various exclusive Promo codes.

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Check-In Bonus Roulette

Each day aboard brings a fresh turn on deck. The Check-In Bonus Roulette works as a bonus randomizer, and every spin can land Free Spins, Bonus Bets, a Deposit Bonus, and more. It rewards players for staying active through the event, with each check-in during the voyage opening another chance at a prize.

First-Class Raffle

The First-Class Raffle is where a single ticket can move a player to first class. It carries the event’s headline prize, with tickets issued for wagering across Slots, Live, Original games, and crypto Sports Betting, or for making a deposit. Alongside a share of the $100,000 pool, one random passenger takes the unique reward: a full week of VIP Club status, drawn regardless of Rank and announced on September 28.

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Becoming a VIP means more than just gaining status and extra rewards like a VIP Welcome Bonus. Club members receive a personal VIP Manager, increased Cashback and Rakeback, withdrawal priority, the VIP Lounge, and other exclusive perks.

“VIP status is usually something a player climbs toward over months,” said Mike, CEO of BetFury. “For the Fury Cruise, we wanted to open that door in a single event, no matter a player’s Rank. That is the whole idea behind it: the best cabin on the ship is available to everyone aboard.”

To take part in the Fury Cruise: All Aboard, visit the main event page.

About Mission Voyage

Every voyage needs a route, and Mission Voyage charts yours. The missions are a set of simple tasks, sorted into three Rank categories so every passenger sails a fair course. Each user receives five missions, with two days to clear each leg of the trip. Completing all five tasks unlocks an additional reward.

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About BetFury

Established in 2019, BetFury is a leading crypto casino with over 3.5M registered players and $11.5B in lifetime wagering volume. The platform offers over 13,000 games, including 24 Original games with an RTP of up to 99.28%, and 80+ sports for betting with highly competitive market odds. Beyond gaming, BetFury provides a full suite of advanced crypto utilities, including Crypto Staking with up to 60% APR, Futures, and Crypto Swap. Moreover, the platform features proprietary BFG Staking, enabling users to hold native tokens to earn daily passive payouts in either BFG or USDT. BetFury continuously evolves based on user feedback and remains deeply committed to responsible gambling practices.

The post BetFury Launches $100,000 Fury Cruise: All Aboard With an Opportunity To Become a VIP appeared first on CryptoPotato.

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Bank of Japan Set to Hike to 1.25%, Highest Since 1995. Bitcoin Isn't Flinching Yet

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Japan rate hike drives 6-month bond yield to multi-year high

The Bank of Japan (BOJ) meets Thursday and Friday and is widely expected to raise its policy rate to 1.25%, the highest level since April 1995. Japan’s short-term bond yields have already gone vertical ahead of the decision.

Japanese government bonds, the yen, and Tokyo stocks are all repricing hard. Bitcoin (BTC) is not following, and that divergence faces its first real test this week.

Japan’s Short End Went Vertical Ahead of the Rate Hike

Japan’s six-month bill yield closed near 1.335% on Friday. Two years ago, the same maturity traded below zero.

The 2026 climb shows almost no pullback. That pattern suggests traders keep revising their view of where rates end up, faster than the central bank delivers.

A Reuters poll published Friday found 66 of 68 economists expect a hike this week. Almost 90% see 1.50% by the end of March. Reports last week also signaled a faster tightening pace, with another move possible in 2026.

Japan rate hike drives 6-month bond yield to multi-year high
Japan 6-month bond yield chart showing the climb from negative territory to 1.30% / Source: TradingEconomics

This Is Fiscal, Not Inflation

The long end has moved just as far. The 10-year yield reached 3% this month for the first time since 1996, and the two-year sits near 1.85%.

Inflation does not explain it. July consumer prices rose 1.9% annually, with core at 1.8%, a seventh straight month below the 2% target.

Japan rate hike expectations lift the entire government bond curve
Japan 10-year and 2-year government bond yields since 2022 / Source: MacroMicro

Supply does. Ministries requested a record ¥143 trillion for the next fiscal year, and the Finance Ministry lifted its own assumed long-term bond rate to 3.8%. Investors are demanding more to hold Japanese government debt.

Bitcoin Is Not Answering

The yen carry trade is unwinding on measurable evidence. The yen has gained roughly 6% from its July low after a record ¥15.4 trillion intervention by Japan and the United States, the first joint action since 2011.

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Speculators flipped to a net long yen position in the week to September 8, a swing of 103,000 contracts. Japanese holdings of US Treasuries fell $122.6 billion between February and June.

The Nikkei 225 has lost 8.4% in a month and trades 13% below its June record. Bitcoin traded near $77,721, up 0.8% in 24 hours, and already absorbed a similar yen shock last week.

In August 2024, a BOJ hike to just 0.25% sent the Nikkei down 12.4% in one session and Bitcoin from about $70,000 to $49,000. Friday’s move would set policy five times higher.

Friday is the test. A hawkish signal on the pace of further hikes, rather than the hike itself, is what would break the divergence.

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Worried AI Will Kill Everyone? A Former FTC Commissioner Says Ignore the Doomers

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AI Is Handing Hackers Tools That Once Belonged to Elite Attackers

A former US Federal Trade Commission (FTC) commissioner has dismissed the wave of artificial intelligence (AI) doom warnings coming out of the biggest labs. 

Alvaro Bedoya served on the commission from 2022 until his disputed removal in 2025. His post lands in the middle of a public argument over how fast AI should move.

Humanity Has Survived Worse

Bedoya lists what humans have already lived through.

“AI will not eradicate humanity. Humans survived an ice age, the Black Death, two world wars, and (so far) the advent of nuclear weapons. Anyone who is loudly warning of AI-caused human extinction should not be taken seriously,” he said

He rejects the idea that he is an AI booster or that the technology is harmless. His target is the use of AI extinction language. Bedoya calls it a strawman deployed to justify a cartel of billionaire AI companies.

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He offered a test for sincerity. Anyone who truly believed the product might kill everyone would halt operations and call the police.

Follow us on X to get the latest news as it happens

A 2014 Memo Already Answered This 

Anthropic chief Dario Amodei asked Washington for a narrow antitrust waiver so labs could hold safety talks. It sits inside the second of three steps in the pacing plan Sam Altman endorsed last week. Elon Musk backed the idea, too.

Bedoya says they never had to ask. He points to a joint policy statement the Justice Department and the FTC issued on April 10, 2014. It said antitrust is not, and should not be, a roadblock to legitimate cybersecurity information sharing.

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“I am, rather, explaining that the companies have, right now and yesterday, the ability to coordinate to stop any safety and health risks. Antitrust is no barrier to that,” Bedoya wrote on X

Safety coordination is legal, he explained. Coordination that locks cheaper rivals out of the market is not.

He tied that risk to the economics. The biggest labs are burning cash without reaching profitability. Open weight models undercut them on price. 

“The panic of individual employees may be sincere if misguided, but the moves by their CEOs to achieve some kind of broad antitrust waiver or exemption should be meet with deep skepticism in light of the economics of the industry and the threat they face from open models,” he added.

Altman has reached a similar conclusion from the other side. In a longer post on X, he said OpenAI does not believe it needs to wait for an antitrust exemption or legislation to start the work.

He still wants a federal framework setting consistent safety requirements for frontier labs. Where government help is needed, he said, is international coordination.

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That skepticism runs against a week of warnings from inside the labs themselves. The debate traces back to September 9, when Anthropic researcher Jacob Coxon quit. Lawmakers started advocating for a ban on superintelligence. Bridgewater investment chief Greg Jensen has also warned that nothing changes until AI kills someone.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

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