Crypto analyst Michaël van de Poppe said a peace deal, which would reopen the Strait of Hormuz, would likely send liquidity back to risk-on assets such as cryptocurrencies. US President Donald Trump said a deal to end the fighting between the US and Iran is scheduled to be signed on Sunday, despite officials in Tehran previously casting doubt on the timeline. “The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” said Trump on Truth Social on Saturday. Read more
Calls from Amazon CEO Andy Jassy and other tech firms prompted the Trump administration to suspend foreign access to Anthropic’s Fable 5 and Mythos 5 AI models on Friday. 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 that could be used for cyberattacks. The call, along with warnings from at least five other firms, led to a frantic shuffle within the White House to gauge the threat and contact Anthropic CEO Dario Amodei, who reportedly pushed back on the administration’s concerns and requests to voluntarily pull the model. Read more