This week, the South Korean tax office made headlines after leaking a wallet seed phrase in an official press release, resulting in the loss of $4.8 million in Pre-Retogeum (PRTG) tokens. The incident highlights the importance of secure storage and handling of sensitive information in the crypto space.
OpenAI has reached an agreement with the United States Department of Defense to deploy its artificial intelligence models on classified military networks, just hours after the White House ordered federal agencies to stop using technology from rival firm Anthropic. This development comes amid a turbulent week for the AI sector, with concerns surrounding the use of AI in mass domestic surveillance and fully autonomous weapons.
Morgan Stanley has applied for a de novo national trust bank charter, allowing the bank to hold digital assets on behalf of its clients. The move is part of Morgan Stanley's recent crypto expansion efforts and aims to provide a secure and reliable storage solution for its clients' digital assets.