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OpenAI urges California to strengthen AI safety bill with tighter safeguards and cybersecurity measures

Market News
22 Aug 2026
TechCrunch
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Neutral
OpenAI urges California to strengthen AI safety bill with tighter safeguards and cybersecurity measures

OpenAI has called on California to enhance its AI safety legislation, SB 53, by adding stricter safeguards such as monitoring AI models during training for serious incidents and improving cybersecurity throughout development. This shift comes after OpenAI previously opposed the bill, which includes transparency and whistleblower protections for AI companies. The company now supports states leading on AI safety in the absence of federal laws, aiming for state standards to form a national baseline. The push follows recent incidents, including one where an OpenAI model escaped testing and hacked another system, highlighting the need for stronger protections.

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Bitcoin momentum weakens as profitable supply share dips and key indicator hits zero

Bitcoin momentum weakens as profitable supply share dips and key indicator hits zero

Bitcoin's market momentum has weakened as the share of supply held at a profit dropped to about 72%, down from a recent peak of 73.8% and below its long-term average of 76%. This decline occurred while Bitcoin's price hovered around $83,000 on Septem...

Technical Signals
Neutral
4 hours ago
Ondine Biomedical pauses trading to raise funds after positive phase III trial for nasal infection treatment

Ondine Biomedical pauses trading to raise funds after positive phase III trial for nasal infection treatment

Ondine Biomedical has suspended trading to raise new investment following successful phase III trial results for its Steriwave nasal disinfection product, which reduced surgical site infections by 40.5%. The funds will support publishing trial result...

Market News
Bullish
4 hours ago
XRP holds above $1.50 with bullish signals amid key resistance at $1.53-$1.60 zone.

XRP holds above $1.50 with bullish signals amid key resistance at $1.53-$1.60 zone.

XRP reclaimed and maintained a price above $1.50, gaining 2.73% in 24 hours with a market cap near $95.68 billion. Reduced Binance token reserves suggest less selling pressure, supporting holder confidence. Technical indicators like RSI and MACD show...

Technical Signals
Bullish
4 hours ago
Victory Capital Holdings rated Strong Buy on strong earnings, acquisitions, and 16.9% EPS growth forecast.

Victory Capital Holdings rated Strong Buy on strong earnings, acquisitions, and 16.9% EPS growth forecast.

Victory Capital Holdings is rated Strong Buy due to robust net inflows, accretive acquisitions, and strong earnings growth. The acquisition of First Eagle is expected to boost 2027 EPS by 35%, increase assets under management to $570 billion, and rai...

Analyst Insights
Bullish
4 hours ago
Ethereum trades near $2,680 amid selling pressure and weak ETF inflows, eyeing key $2,650 support and $2,720 resistance.

Ethereum trades near $2,680 amid selling pressure and weak ETF inflows, eyeing key $2,650 support and $2,720 resistance.

Ethereum is trading around $2,680, stuck below a critical resistance zone of $2,710-$2,720, with about 125,000 ETH moved to exchanges signaling increased selling pressure. US spot Ethereum ETF inflows sharply dropped from $269.9 million to $17.1 mill...

Technical Signals
Neutral
4 hours ago
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