The Trump administration’s decision to cut foreign access to Anthropic’s most powerful AI models was reportedly triggered by calls from Amazon CEO Andy Jassy. According to a report from The Wall Street Journal, Jassy contacted senior government officials on Thursday after Amazon researchers discovered a way to prompt Anthropic’s Fable 5 model into returning information…
Key takeaways: While bearish ETH futures trends and spot ETF outflows signal weak institutional appetite, staking demand prevents further decline. Falling exchange deposits and accumulation by BitMine indicate holder confidence in ETH’s long-term value. Ether (ETH) price failed to reclaim the $1,700 level over the past week, tracking a broader weakness across cryptocurrency markets. This…
Michael Saylor, executive chairman of Strategy, defended the company’s recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing “digital credit.” Strategy disclosed its first reported Bitcoin sale since 2022 in a June 1 filing with the US Securities and Exchange Commission, offloading 32 BTC in a move that appeared…
Zcash founder Zooko Wilcox said a security audit by Anthropic’s Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency’s protocol. Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did not find “any more serious bugs” in the Zcash protocol, according to a Saturday…
Those markets function because trading activity sits atop a vast network of credit relationships, clearing brokers and prime brokerage arrangements, Mercer says. “That’s what the world’s economies and capital markets are built on,” he added. When LMAX launched institutional crypto venue LMAX Digital in 2018, Mercer expected similar infrastructure would quickly emerge in digital assets….
“ETFs were referred to as weapons of mass destruction,” Hoffman said, recalling the skepticism that surrounded the structure before it became one of the dominant ways investors access markets. When he joined the ETF industry in the early 2000s, the market held roughly $200 billion in assets, he said. Today, it’s nearly a $20-trillion global…
Yet the growing institutional interest has not translated neatly into ETH’s market performance, a disconnect that has frustrated many investors. Raman attributes that gap largely to timing. “The sales cycles for institutions are especially long,” he said. “The piping is all in place. We just haven’t seen all the assets come onchain yet.” He said…
Crypto tried to solve this with its own version of yield. We tried staking rewards, liquidity mining, and levered DeFi strategies. At first glance, they looked productive. But too much of that yield was circular. It depended on token emissions and fresh inflows, not real economic activity. That story is a much harder sell now….
However, the two largest incidents were not simple smart-contract exploits of the type AI could engineer. In one, a North Korea-linked group drained about $285 million from Drift Protocol after a six-month social-engineering campaign that won it admin access. For the other, the attacker exploited a single-verifier flaw that allowed roughly $292 million to be…
For Elon Musk’s company, it’s a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way no dedicated vehicle can. For years, onchain analysts estimated SpaceX held about 8,300 bitcoin. The S-1 then revealed the real…
