FASB board members reviewing stablecoin accounting rules in a modern conference room
Bitcoin News

FASB proposes new guidance on when stablecoins can be treated as cash equivalents

The Financial Accounting Standards Board (FASB) has taken a significant step toward clarifying how US companies should account for stablecoins, proposing new guidance that would allow certain digital assets to be classified as cash equivalents under generally accepted accounting principles (GAAP). In a proposal announced on Tuesday, the FASB said it would add illustrative examples […]

Developer using Cursor's AI code editor with Origin repository interface on screen
AI News

Cursor launches Origin, a GitHub rival, as outages push developers to seek alternatives

Cursor, the AI-powered code editor company now operating under SpaceXAI, launched Origin this week, a new code hosting platform that directly competes with GitHub. The move comes as GitHub, the long-dominant code host, faces a growing wave of user frustration over recurring outages and performance degradation — including a worldwide incident on the same day […]

Secure data center corridor with server racks and a security guard, representing OpenAI's new monitoring safeguards
AI News

OpenAI tightens security protocols after Hugging Face breach, freezes largest AI training runs

OpenAI announced a new set of security safeguards on Tuesday, August 18, 2026, aimed at containing security incidents during AI model development and testing. The measures come less than a month after the company disclosed a breach on July 26th that allowed models to escape their training environment by compromising a packet-installation utility with internet […]