‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio. 

OpenAI CEO Sam Altman was one of the first to take part in the trend, posting a portrait of himself generated by the model on March 25 but said in a subsequent post two days later that all image requests have started to tax the firm’s infrastructure.

“It’s super fun seeing people love images in ChatGPT but our GPUs are melting. We are going to temporarily introduce some rate limits while we work on making it more efficient,” he said.

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

Source: Sam Altman

“Also, we are refusing some generations that should be allowed; we are fixing these as fast we can,” he added.

OpenAI launched the upgraded image generation offering in ChatGPT-4o on March 25, resulting in users splashing images across social media in the art style of Studio Ghibli — known for its anime films Spirited Away and My Neighbor Totoro.

Altman didn’t give a definitive timeline on how long the rate limits would last but said, “Hopefully, it won’t be long! ChatGPT free tier will get three generations per day soon.”

Rate limits are generally applied to help OpenAI manage the aggregate load on its infrastructure, according to OpenAI. 

Related: Ghibli memecoins surge as internet flooded with Studio Ghibli-style AI images

“If requests to the API increase dramatically, it could tax the servers and cause performance issues. By setting rate limits, OpenAI can help maintain a smooth and consistent experience for all users,” OpenAI says on its rate limit explanation page.

Along with the legions of others getting in on the trend, X and Tesla CEO Elon Musk shared an image mimicking King Mufasa from Disney’s The Lion King holding up a Shiba Inu. 

White House AI and crypto czar David Sacks also joined in, using the Studio Ghibli-art style on an image of himself at an event.

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

Source: David Sacks

Meanwhile, Bloomberg reported on March 26 that OpenAI expects to more than triple its revenue this year to $12.7 billion, citing a person familiar with the matter.

Altman said on Feb. 12 his firm wants to ship GPT-4.5 and GPT-5 in the coming weeks or months.

Magazine: ‘Chernobyl’ needed to wake people to AI risks, Studio Ghibli memes: AI Eye

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Crypto.com probe by the SEC has officially closed, says CEO

The US Securities and Exchange Commission has officially closed its investigation into Crypto.com, with no action taken against the crypto exchange, according to the firm’s CEO, Kris Marszalek.

”They used every tool available to attempt to stifle us, restricting access to banking, auditors, investors, and beyond. It was a calculated attempt to put an end to the industry,” Marszalek said in a March 27 X post.

”The fact that we not only persevered but became stronger is a testament to our vision and the community supporting it. Onwards!”

It comes seven months after the SEC issued a Wells notice to the crypto platform in August, signaling its intention to take legal action against the firm.

We are pleased that the current SEC leadership has made the decision to close its investigation into Crypto.com,” added Crypto.com’s chief legal officer Nick Lundgren in a March 27 statement, which accused the previous administration of abusing its authority to harm the crypto industry.

SEC, Crypto.com

Source: Kris Marszalek

Crypto.com had filed a lawsuit against the SEC in October, two months after the Wells notice, accusing the Gary Gensler-led commission of overstepping its authority and taking a “misguided” approach to crypto regulation.

SEC continues to roll back previous enforcement actions

Crypto.com’s announcement follows a wave of other crypto investigations and lawsuits dropped by the SEC over the last five weeks, which affected the likes of Coinbase, Consensys, Robinhood, Gemini, Uniswap, OpenSea and more recently, Immutable.

The SEC also dismissed its civil enforcement action against crypto trading firm Cumberland DRW with prejudice on March 27.

Related: Ripple will drop cross-appeal in SEC case, get refund from lower court ruling

The SEC has adopted a far friendlier approach since Mark Uyeda started leading the commission as acting chair on Jan. 20 after the resignation of former chair Gary Gensler. The SEC established a Crypto Task Force led by SEC Commissioner Hester Peirce to support this new approach.

It also canceled a controversial rule that asked financial firms holding crypto to record them as liabilities on their balance sheets on Jan. 23.

Trump’s SEC chair nominee, Paul Atkins, is inching closer to becoming the SEC’s new leader after initially being held back by financial disclosures.

Meanwhile, Crypto.com partnered with Trump Media on March 24 to launch a series of “Made in America”-themed exchange-traded funds later this year.

Crypto.com will provide the infrastructure and custody services to supply the crypto tokens for the ETFs, which may include a basket of tokens, including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP) and Cronos (CRO).

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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US DOJ says it seized Hamas crypto meant to finance terrorism

The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas it said in a statement on March 27.

The cryptocurrency with a total value of $201,400 was traced to fundraising addresses allegedly controlled by Hamas and used to launder more than $1.5 million in digital assets since October 2024.

The laundering occurred through a series of “virtual currency exchanges and transactions by leveraging suspected financiers and over-the-counter brokers,” the DOJ said. The funds are currently held in a combination of at least 17 wallets.

US DOJ says it seized Hamas crypto meant to finance terrorism

Affidavit to seize the Hamas-linked cryptocurrency. Source: US DOJ

In January 2024, the US Treasury’s Office of Foreign Assets Control, along with corresponding organizations in the United Kingdom and Australia, announced sanctions against networks and facilitators of crypto transactions linked to Hamas. Those sanctions were built on US Treasury sanctions from October 2023.

In January 2024, three families of victims of the Hamas attack against Israel sued Binance and its former CEO Changpeng Zhao, alleging that the exchange had provided “substantial assistance” to terrorists. In oral arguments, a lawyer representing Binance claimed the exchange had “no special relationship [with] Hamas […].”

Binance has faced scrutiny from the US government over alleged shortcomings in its Anti-Money Laundering controls. The exchange settled with the DOJ for $4.3 billion in November 2023.

More regulation needed?

According to a December 2024 report by the Congressional Research Service, Hamas has allegedly sought cryptocurrency donations since at least 2019, although the “scale and effectiveness” of these efforts have been unclear.

Terrorist organizations using crypto for fundraising have increasingly drawn the attention of the US, with some officials questioning whether the industry needed more supervision or regulation to stop such behavior.

According to a 2023 Chainalysis report, terrorism financing accounts for a very small amount of crypto usage, with illegal groups sticking to using traditional, fiat-based methods to fund operations.

Magazine: Terrorism and the Israel-Gaza war have been weaponized to destroy crypto

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Getting crypto out of the 'AOL era' — Sandeep Nailwal

The current state of crypto is akin to the internet’s “America Online” (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at dial-up speeds, according to Polygon co-founder Sandeep Nailwal.

In an interview with Cointelegraph, Nailwal identified several key areas of development to improve user experience, including seamless fiat on- and off-ramps, custody solutions that feature key recovery, and hardware wallets built into mobile devices.

“We are in the dial-up era of the internet where even connecting to the Internet was a tedious task, like you had to be a mini-engineer to be able to connect to the Internet — we are still there in crypto.” —Sandeep Nailwal

“We are probably still in 1998, and it is going to take at least 10 to 15 years to see crypto in its full glory,” the Polygon founder added.

Cryptocurrencies, Internet

While considered revolutionary at the time, the AOL days of the internet featured limited functionality and a high barrier to entry. Source: PC Magazine

The internet took between 30-40 years to achieve mass adoption and began with a limited number of use cases. In the late 1990s, the AOL era of the internet was primarily focused on email and basic web browsing, but today, the internet encompasses the entire economy.

Nailwal said that the current state of crypto is similar, with financial use cases, particularly market speculation, being the core focus of crypto at this time.

However, once the financial use cases have been fully developed and achieved sufficient adoption, crypto adoption will spread to alternative use cases such as decentralized social media, gaming, and other niche sectors, he said.

Related: Security concerns slow crypto payment adoption worldwide — Survey

Being in crypto today is being early to the party

Nailwal pointed out that even the base use case for cryptocurrencies, which is financial, has not been fully developed.

According to a February 2025 report from Bitcoin (BTC) financial services company River, only 4% of individuals worldwide own BTC — which is the original cryptocurrency with the largest market cap and has the most mainstream appeal.

Cryptocurrencies, Internet

Bitcoin’s adoption path. Source: River

The report found that BTC has only achieved about 3% of its total adoption path when institutions, the total addressable market, and proper portfolio allocations are considered.

This small number of BTC holders indicates that crypto mass adoption is still years away and signals that the entire industry is still in the early adopter phase of development.

Magazine: They solved crypto’s janky UX problem — you just haven’t noticed yet

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President Trump is slapping 25% tariffs on all cars imported to the United States, including from our immediate North American neighbors. He’s also placed a 25% tariff on certain parts used to build cars. It’s a decision that will likely supercharge the cost of new and used cars, but it’s also a gift to Tesla, […]
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MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more from the series here.

With the recent news that the Atlantic’s editor in chief was accidentally added to a group Signal chat for American leaders planning a bombing in Yemen, many people are wondering: What is Signal? Is it secure? If government officials aren’t supposed to use it for military planning, does that mean I shouldn’t use it either?

The answer is: Yes, you should use Signal, but government officials having top-secret conversations shouldn’t use Signal.

Read on to find out why.

What is Signal?

Signal is an app you can install on your iPhone or Android phone, or on your computer. It lets you send secure texts, images, and phone or video chats with other people or groups of people, just like iMessage, Google Messages, WhatsApp, and other chat apps.

Installing Signal is a two-minute process—again, it’s designed to work just like other popular texting apps.

Why is it a problem for government officials to use Signal?

Signal is very secure—as we’ll see below, it’s the best option out there for having private conversations with your friends on your cell phone.

But you shouldn’t use it if you have a legal obligation to preserve your messages, such as while doing government business, because Signal prioritizes privacy over ability to preserve data. It’s designed to securely delete data when you’re done with it, not to keep it. This makes it uniquely unsuited for following public record laws.

You also shouldn’t use it if your phone might be a target of sophisticated hackers, because Signal can only do its job if the phone it is running on is secure. If your phone has been hacked, then the hacker can read your messages regardless of what software you are running.

This is why you shouldn’t use Signal to discuss classified material or military plans. For military communication your civilian phone is always considered hacked by adversaries, so you should instead use communication equipment that is safer—equipment that is physically guarded and designed to do only one job, making it harder to hack.

What about everyone else?

Signal is designed from bottom to top as a very private space for conversation. Cryptographers are very sure that as long as your phone is otherwise secure, no one can read your messages.

Why should you want that? Because private spaces for conversation are very important. In the US, the First Amendment recognizes, in the right to freedom of assembly, that we all need private conversations among our own selected groups in order to function.

And you don’t need the First Amendment to tell you that. You know, just like everyone else, that you can have important conversations in your living room, bedroom, church coffee hour, or meeting hall that you could never have on a public stage. Signal gives us the digital equivalent of that—it’s a space where we can talk, among groups of our choice, about the private things that matter to us, free of corporate or government surveillance. Our mental health and social functioning require that.

So if you’re not legally required to record your conversations, and not planning secret military operations, go ahead and use Signal—you deserve the privacy.

How do we know Signal is secure?

People often give up on finding digital privacy and end up censoring themselves out of caution. So are there really private ways to talk on our phones, or should we just assume that everything is being read anyway?

The good news is: For most of us who aren’t individually targeted by hackers, we really can still have private conversations.

Signal is designed to ensure that if you know your phone and the phones of other people in your group haven’t been hacked (more on that later), you don’t have to trust anything else. It uses many techniques from the cryptography community to make that possible.

Most important and well-known is “end-to-end encryption,” which means that messages can be read only on the devices involved in the conversation and not by servers passing the messages back and forth.

But Signal uses other techniques to keep your messages private and safe as well. For example, it goes to great lengths to make it hard for the Signal server itself to know who else you are talking to (a feature known as “sealed sender”), or for an attacker who records traffic between phones to later decrypt the traffic by seizing one of the phones (“perfect forward secrecy”).

These are only a few of many security properties built into the protocol, which is well enough designed and vetted for other messaging apps, such as WhatsApp and Google Messages, to use the same one.

Signal is also designed so we don’t have to trust the people who make it. The source code for the app is available online and, because of its popularity as a security tool, is frequently audited by experts.

And even though its security does not rely on our trust in the publisher, it does come from a respected source: the Signal Technology Foundation, a nonprofit whose mission is to “protect free expression and enable secure global communication through open-source privacy technology.” The app itself, and the foundation, grew out of a community of prominent privacy advocates. The foundation was started by Moxie Marlinspike, a cryptographer and longtime advocate of secure private communication, and Brian Acton, a cofounder of WhatsApp.

Why do people use Signal over other text apps? Are other ones secure?

Many apps offer end-to-end encryption, and it’s not a bad idea to use them for a measure of privacy. But Signal is a gold standard for private communication because it is secure by default: Unless you add someone you didn’t mean to, it’s very hard for a chat to accidentally become less secure than you intended.

That’s not necessarily the case for other apps. For example, iMessage conversations are sometimes end-to-end encrypted, but only if your chat has “blue bubbles,” and they aren’t encrypted in iCloud backups by default. Google Messages are sometimes end-to-end encrypted, but only if the chat shows a lock icon. WhatsApp is end-to-end encrypted but logs your activity, including “how you interact with others using our Services.”

Signal is careful not to record who you are talking with, to offer ways to reliably delete messages, and to keep messages secure even in online phone backups. This focus demonstrates the benefits of an app coming from a nonprofit focused on privacy rather than a company that sees security as a “nice to have” feature alongside other goals.

(Conversely, and as a warning, using Signal makes it rather easier to accidentally lose messages! Again, it is not a good choice if you are legally required to record your communication.)

Applications like WhatsApp, iMessage, and Google Messages do offer end-to-end encryption and can offer much better security than nothing. The worst option of all is regular SMS text messages (“green bubbles” on iOS)—those are sent unencrypted and are likely collected by mass government surveillance.

Wait, how do I know that my phone is secure?

Signal is an excellent choice for privacy if you know that the phones of everyone you’re talking with are secure. But how do you know that? It’s easy to give up on a feeling of privacy if you never feel good about trusting your phone anyway.

One good place to start for most of us is simply to make sure your phone is up to date. Governments often do have ways of hacking phones, but hacking up-to-date phones is expensive and risky and reserved for high-value targets. For most people, simply having your software up to date will remove you from a category that hackers target.

If you’re a potential target of sophisticated hacking, then don’t stop there. You’ll need extra security measures, and guides from the Freedom of the Press Foundation and the Electronic Frontier Foundation are a good place to start.

But you don’t have to be a high-value target to value privacy. The rest of us can do our part to re-create that private living room, bedroom, church, or meeting hall simply by using an up-to-date phone with an app that respects our privacy.

Jack Cushman is a fellow of the Berkman Klein Center for Internet and Society and directs the Library Innovation Lab at Harvard Law School Library. He is an appellate lawyer, computer programmer, and former board member of the ACLU of Massachusetts.

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