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Crypto exchange BitMEX is under new leadership today, after removing its CEO, CFO, and head of growth in a sweeping executive shake-up. The firm's global general counsel, Peter Wilkinson, has stepped into the chief executive role, replacing Stephan Lutz. No explanation for the departures has been offered publicly, which will likely raise eyebrows across the crypto industry.
Shifting to social media regulation, Australia is turning up the heat on five of the world's biggest platforms. Facebook, Instagram, Snapchat, TikTok, and YouTube are now under investigation for possible non-compliance with the country's ban on children under sixteen accessing social media. The government has also moved to double the fines available to regulators, responding to a study showing roughly eighty percent of kids are still getting through.
And on the AI research front, a piece circulating in technical communities is pushing back on so-called anthropomorphic misalignment research, arguing the field lacks the rigorous evidence needed to support its conclusions. It's a quiet but pointed debate about whether some AI safety concerns are being built on assumptions that haven't yet been properly tested.
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