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OpenAI Slows Astra Development as Cyber Capabilities Approach a Critical Safety Threshold

OpenAI has paused internal development of its unreleased Astra model after finding it may be capable of generating zero-day cybersecurity exploits autonomously. The disclosure, the most explicit of its kind from a frontier AI lab, arrives alongside similar incidents at Anthropic and Meta — signalling that offensive AI capabilities are now emerging in commercial-grade models.

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U.S. Sanctions Shelbit Exchange Over $4 Billion Iran Sanctions Evasion Scheme

The U.S. Treasury sanctioned Dubai-based crypto exchange Shelbit for allegedly facilitating a $4 billion Iran crypto sanctions evasion scheme linked to the IRGC — but the exchange was still processing funds even when its website was completely offline. The case exposes a structural gap between on-chain activity and enforcement response that has significant implications for compliance professionals and crypto market participants.

South Africa Drafts Rules That Make Cross-Border Crypto a Regulated Event

South Africa's National Treasury and the South African Reserve Bank have released draft rules defining when crypto transfers become regulated cross-border events under the country's capital flow regime. The South Africa crypto regulation framework is narrower than initial headlines suggest — and its biggest gap may be stablecoins.

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