Who is legally liable when an AI agent goes rogue?

Autonomous AI agents can behave in highly unpredictable ways. Give an AI Agent a goal such as passing a test of its capabilities, and it might just decide the best way to score highly is to break containment and hack into a competing company in search of the answer sheet.  That‘s what happened when Open AI’s GPT-5.6 Sol hacked into Hugging Face last month. Anthropic and Meta subsequently admitted their models had also escaped testing sandboxes to hack third parties too.  But who is legally liable for agents that have minds of their own? OpenAI didn‘t intend for the model to go rogue, and issued no instructions for it to do so. If your personal AI agent decides on a course of action that results in harm or financial damage in the real world, can you be held liable if it’s something you could have reasonably foreseen?  Magazine spoke with Rikka Law Group owner and CEO Charlyn Ho to find out the state of play in this emerging legal field.  This interview has been edited for clarity and length.  Magazine:When an AI model hacks an outside company, who is liable. Can Hugging Face sue OpenAI over the incident in July?  Charlyn Ho:Anyone can sue anyone for

08-28Industry

Chelsea names Circle front of shirt partner in USDC sponsorship deal

Circle has signed a principal partnership with Chelsea Football Club that will put USDC branding on the front of the club‘s men’s, womens and academy shirts beginning with the 2026/27 season.  SummaryCircle has become Chelsea FCs principal and official front of shirt partner for the 2026/27 season.Circle and USDC branding will appear across Chelsea‘s men’s, womens and academy shirts under the partnership.The branding will make its Premier League debut during Chelsea mens first home match of the season against Brighton.The deal extends Chelseas ties with the crypto industry after its previous sponsorship partnership with crypto exchange BingX.Circle has expanded USDC distribution through banks, payment companies and digital asset platforms during 2026.  Chelsea FC announced the agreement on Aug. 28, naming Circle Internet Group as its Official Front of Shirt Partner, with the branding scheduled to make its Premier League debut during Chelsea mens first home match of the season against Brighton on Sunday.  Circle puts USDC on Chelsea shirts  Under the agreement, Circle and its USDC stablecoin will appear across Chelsea‘s match shirts during the 2026/27 campaign, giving the digital dollar brand exposure through the club’s men‘s, women’s and academy teams.  Circle, which was founded in 2013, issues USDC and operates financial infrastructure designed around

08-28Industry

Who Is Legally Liable When An AI Agent Goes Rogue?

Autonomous AI agents can behave in highly unpredictable ways. Give an AI Agent a goal such as passing a test of its capabilities, and it might just decide the best way to score highly is to break containment and hack into a competing company in search of the answer sheet.  That‘s what happened when Open AI’s GPT-5.6 Sol hacked into Hugging Face last month. Anthropic and Meta subsequently admitted their models had also escaped testing sandboxes to hack third parties too.  But who is legally liable for agents that have minds of their own? OpenAI didn‘t intend for the model to go rogue, and issued no instructions for it to do so. If your personal AI agent decides on a course of action that results in harm or financial damage in the real world, can you be held liable if it’s something you could have reasonably foreseen?  Magazine spoke with Rikka Law Group owner and CEO Charlyn Ho to find out the state of play in this emerging legal field.  This interview has been edited for clarity and length.  Magazine:When an AI model hacks an outside company, who is liable. Can Hugging Face sue OpenAI over the incident in July?  Charlyn Ho:Anyone can sue anyone for

08-28Industry

Binance Opens Trading for Bitcoin Mining Giant MARA and Four Other TradFi Assets

Binance Futures has officially launched trading in perpetual contracts tied to the shares of five major global companies, with leverage of up to 20x. The main highlight of the listing was the introduction of futures on shares of Bitcoin miner MARA Holdings.  It was joined on the list of traditional finance (TradFi) assets by medical AI developer Tempus AI, quantum computing company IonQ, retailer PDD Holdings and pharmaceutical giant Merck. Trading has already begun and is available around the clock, 24/7.  You Might Also Like  Peter Brandt Reveals He Is Long Bitcoin  XRP, Binance Coin (BNB), Hyperliquid (HYPE) and Dogecoin (DOGE) Price Analysis for August 28: Rekindling the Momentum  The MARA listing coincided with a major restructuring of the companys business. According to its latest financial report, the miner recorded a net loss of $611 million as revenue fell by 27%. Against this backdrop, MARA sold nearly one-third of its Bitcoin reserves in the first half of the year, raising approximately $1.6 billion to build data centers and artificial intelligence infrastructure.  The new Binance contract has therefore become a bet on the companys AI transformation rather than simply an alternative to buying Bitcoin.  Binance investors no longer believe in the broader market  The launch of the new instruments

08-28Industry

WIF Price Prediction: Overbought and Rolling Over — Flush to $0.19 Before Any Shot at $0.25

Joerg Hiller  Aug 28, 2026 09:21  WIF tagged $0.24 intraday before bleeding back to $0.21 with MACD momentum dead flat and open interest imploding 9.27% in 24 hours — the high-probability path is a corrective flush toward $0.19–$0….  The Immediate Setup  WIF had itself a moment. The token ripped from the low $0.16s all the way to an intraday print of $0.24 — a clean 50%-plus move off the floor — and for a brief window it looked like meme season was quietly reloading. Then reality showed up. Price has already peeled back to $0.21, and the fingerprints of exhaustion are all over this chart. Momentum has gone completely flat at the highs, the daily candle is printing a retracement after tagging the upper Bollinger Band, and the market‘s taker flow is net-selling — buy volume is getting consistently overwhelmed by sell orders right now. This is not a market that’s digesting gains and coiling for the next leg up. This looks like distribution. Blockchain.news traders watching the meme complex should treat todays $0.24 high as the near-term ceiling until proven otherwise.  The one thing keeping bears from piling in with full conviction? The broader moving average stack is still constructively aligned. WIF is trading

08-28Industry

CRCL Stock Outlook Ahead of Todays Jackson Hole Speech

CRCL stock slipped 1.78% to $92.56 in premarket trading on August 28, ahead of Kevin Warshs Jackson Hole speech.  Circle Internet Group ended August 27 at $94.24, gaining $4.33, or 4.82%, before Fridays $1.68 retreat. BTC price hovered around $79,400, Ethereum (ETH) above $2,500, and XRP price rose to $1.42.  Kevin Warshs Jackson Hole Speech Puts CRCL Stock in Focus  The official calendar will have Federal Reserve Chair Kevin Warsh delivering his first Jackson Hole keynote at 10:00 AM ET. FedWatch reported Friday that futures showed about a 38% chance of a rate hike in September.  Investors are looking for a clear indication of what sort of economic conditions may lead to more rate hikes as yields on 30-year Treasury notes continue to rise. Warshs appetite for less policy direction has brought a new focus on the reaction of officials to economic data, Reuters reported.  Risk assets could benefit from dovish signals and continued inflation worries might have a negative impact on equities and cryptocurrencies. If the speech is limited to policy guidance, it may create an ambiguous trend in the markets, since it wont be clear what the next steps are going to be.  The latest quarters results for Circle highlight the reliance on income

08-28Industry

Crypto Listed on Fed's Jackson Hole Agenda

The Kansas City Fed named cryptocurrencies and stablecoins in the official brief for this years Jackson Hole symposium. In 48 earlier editions, no agenda had made private digital money the subject of the meeting.  The 49th symposium runs August 27 to 29 in Wyoming. Federal Reserve Chair Kevin Warsh gives his opening remarks Friday morning. The theme is financial innovation and what it does to payments and policy.  What the Jackson Hole crypto agenda actually says  The announcement listed cryptocurrencies and stablecoins beside instant payments. The brief then framed the week around the future of currency, banking, and how policy gets carried out.  The program follows that brief. Six papers and three panels cover payments, tokens, and banks. Two Friday names show what the room is really for:Darrell Duffie of Stanford University presents the paper on tokenized finance.  His discussant is Isabel Schnabel of the European Central Bank. She spent June telling central bankers that stablecoins are now their problem.  Central banks cannot remain passive observers of these developments, Isabel Schnabel, member of the ECBs Executive Board, in a Seoul speech on June 1, 2026.Kenneth Rogoff of Harvard University gives the Friday luncheon address.  He wrote The Curse of Cash, a book urging rich economies to phase

08-28Industry

Bitcoin-Gold 90-Day Correlation Tops 50% as BTC Decouples From Tech Stocks

Bitcoins recent rally has come with a notable change in how the asset is trading relative to traditional markets.  Its 90-day correlation with gold has climbed above 50%, up from close to zero at the start of 2026, while its correlation with the Nasdaq 100 has fallen to roughly 33% from more than 60%, according to Grayscale research.  The move suggests Bitcoin has recently behaved less like a high-beta technology trade and more like a scarce macro asset. It does not prove a permanent shift, however, since rolling correlations can change quickly as new price data enter the calculation.  Bitcoin Rally Gets a Macro Boost  The correlation change has appeared during one of Bitcoins strongest stretches of the year.  BTC rose from roughly $62,679 on Aug. 17 to $79,500 on Aug. 21, a gain of about 27% in four days. The rebound was supported by Treasury bond-buyback changes, a weaker dollar, short liquidations and renewed institutional demand.  Those same forces were visible in Coinpapers recent BTC rally, where weekly spot Bitcoin ETF inflows reached around $1.9 billion as Treasury liquidity measures helped ease pressure on long-term yields.  Demand has continued since then. Spot Bitcoin ETFs attracted another $242.3 million on Aug. 27, extending their positive streak to

08-28Industry

IBIT note misses its call trigger as new products add costs

The iShares Bitcoin Trust ETF (IBIT) closed at $44.46 on Aug. 26, about 30.2% below the $63.69 price needed to trigger an early exit from a $21.374 million JPMorgan structured note.  The securities are bank debt linked to IBIT, not shares in the exchange-traded fund. Under the note‘s final terms, JPMorgan Chase Financial Company LLC would automatically call them only if IBIT closed at or above its starting price on that date. BlackRock’s fund page reported a $44.46 close, leaving the condition unmet on the published, unadjusted figures.  No standalone issuer or calculation-agent notice in the public record confirmed the final treatment of the observation. The filing permits adjustments and postponement in defined circumstances. On the available contract terms and public price, however, the call payment was unavailable and the securities continued toward their August 2028 maturity.  The missed trigger exposes the central trade in bank-made crypto products: investors can gain a tailored payoff, but their exit depends on contractual dates and thresholds rather than their ability to sell a liquid ETF whenever they choose.  Related Reading  Pick a side: JPMorgan opens leveraged Bitcoin access to retail while closing crypto CEOs account  One missed IBIT call trigger changes risk  JPMorgan issued the securities in August 2025 at

08-28Industry

Countdown Begins: Key XRP Fix Upgrade Eyes September Activation

The XRP Ledger is eyeing an important fix upgrade in September, as fixCleanup3_3_0, a bundle of amendment-gated bug fixes, reaches majority, with 82.86% in consensus.  The fixCleanup3_3_0 amendment introduced in the xrpld version 3.3.0 release entered voting on August 6 and secured majority today, August 28.  In a recent post, Hussein Zangana (Vet) highlighted this development, noting that the bundled fix amendment in XRPL 3.3.0 has entered a 2-week activation window with 29 Yes votes. The fix upgrade, according to Vet, further hardens existing XRP Ledger features, urging node operators to upgrade their nodes in time so they can keep operating once it activates.  You Might Also Like  Peter Brandt Reveals He Is Long Bitcoin  XRP, Binance Coin (BNB), Hyperliquid (HYPE) and Dogecoin (DOGE) Price Analysis for August 28: Rekindling the Momentum  According to XRPScan data, the fixCleanup3_3_0 amendment is expected to activate on the XRP Ledger mainnet on September 11, 2026. This earliest activation is a floor, not a promise. If its support falls to 80% or less at any point, the amendment is rejected and the 14-day period starts over.  fixCleanup3_3_0  The fixCleanup3_3_0 amendment is a collection of fixes for Single Asset Vaults, the Lending Protocol, Automated Market Makers, the permissioned DEX, Checks, and pseudo-accounts.  The fix

08-28Industry
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