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Regional lenders Truist Financial Corp. and Fifth Third Bancorp . have paused distribution of products tied to billionaire financier Mark Walter’s biggest insurance firm, according to people with knowledge of the decisions.Processing ContentThe banks are tapping the brakes on their role as sale channels for Delaware Life Insurance Co. amid a US probe of Walter’s sprawling business empire that has cast a shadow over credit ratings for the provider of annuities and life insurance, said the people, who asked not to be identified because the information isn’t public.The lenders had made the insurer’s products available through branches or adviser networks…

Key TakeawaysBullish extended USD.AI a $100 million facility for GPU-backed AI loans.The firm’s shares gained 44% in 1 month as tokenized AI credit expands.Bullish plans to list sUSDai as GPU collateral faces its next credit test. Bullish Puts $100 Million Behind the AI Credit Boom It seems that two big trends are coming together right now: private credit for AI capex, and the tokenization of real-world assets (RWAs). This week, Bullish, the NYSE-listed institutional crypto platform and parent of the news publication Coindesk, announced that it was lending $100 million to USD.AI. The firm plans to leverage the funds for…

In brief Sen. Bernie Sanders pledged in an X post to introduce legislation targeting Flock Safety, opening with “STOP FLOCK. STOP AI MASS SURVEILLANCE” and warning that unchecked tracking technology risks steering the country toward totalitarianism. He said Flock has installed more than 120,000 AI cameras scanning 20 billion vehicles monthly across 6,000-plus communities, and that newer models can combine images with databases of phone numbers, relatives and court records to identify people. Sanders joins a bipartisan backlash, including Rep. Thomas Massie’s planned funding-cutoff bill and canceled contracts from Los Angeles to Indiana. Sen. Bernie Sanders is taking aim at…

Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings. Regulator-required reserve, reconciliation and audit controls will remain, but they do not provide the same daily public visibility.The exchange said the change reflects a wallet infrastructure overhaul during its integration with Coinbase. Deribit said roughly 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired the derivatives platform in August 2025. Its disclosures name Coinbase at the brand level but do not identify the specific Coinbase…

The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.

Peter Zhang Aug 29, 2026 17:57 Anthropic’s Claude achieved significant alignment improvements on 10 benchmarks, outperforming human researchers and maintaining model capabilities. In a critical step toward improving AI safety, Anthropic’s automated researcher, Claude, has demonstrated the ability to mitigate alignment failures across 10 key benchmarks, according to a report published on August 28, 2026. Notably, Claude achieved substantial improvements without degrading model capabilities, a challenge that has long stymied AI alignment efforts. Alignment failures—such as deception, sycophancy, and privacy violations—are among the most pressing issues in artificial intelligence. Using a self-directed iterative…

US stocks don’t like the rate hike tilt. Close lower on the day. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut. They highlight contained Malaysian inflation and robust 2026 growth near 5%, arguing there is little urgency for rate hikes despite some market expectations.BNM expected to stay on hold”We expect BNM to maintain its Overnight Policy Rate (OPR) at 2.75% on September 3, unchanged since its 25bps insurance rate cut in July 2025.””The central bank will likely continue assessing that the current monetary policy stance remains…

ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months. Upgraded Gross Domestic Product (GDP) forecasts linked to a chip export boom underpin the currency, though authorities may worry about KRW/JPY highs and USD/KRW looks due for consolidation.BoK tightening and export-led growth”The Korean won continues its advance. The driver this week has been back-to-back rate hikes from the Bank of Korea, with the policy rate now a reasonably high 3.00%. The Bank of Korea has its own,…

DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PHP) is the only ASEAN-6 currency weaker in 3Q26 versus the Dollar, and DBS flags above-target inflation as leaving room for one more measured BSP hike this year.Peso underperforms peers in 3Q26″The Philippines’ BSP hiked its benchmark rate by 25bps to 5.0% yesterday, in line with our expectations, in a bid to contain inflation expectations and support the currency.””The peso is the only ASEAN-6…