“Pliny the Liberator,” says he has been “cleverly finding the holes in the fence that the thought police missed,” in the newly launched Fable 5. An artificial intelligence and cybersecurity researcher claims to have jailbroken Anthropic’s latest AI model, Claude Fable 5, within just 48 hours of it being launched. “Pliny the Liberator,” a well-known figure in the AI community, said on Wednesday he “liberated” Fable 5, launched on Tuesday as a safety-tuned version of the more powerful Mythos model that Anthropic said was too dangerous to release widely. He used various techniques, including a jailbroken version of Opus 4.8, to bypass the built-in safeguards that Anthropic installed on the model to prevent users from asking it for potentially harmful information, such as drug-making formulas or hacking instructions. Read more
The UK-regulated digital asset platform said its new system allows interest payments to follow tokenized securities in real time, with payouts distributed continuously in USDC. Archax has introduced real-time yield payments on Hedera, enabling interest generated by tokenized securities to be distributed continuously in USDC. The system allows interest payments to update automatically as tokenized securities move between wallets. According to Archax, cash flows are transferred alongside the underlying asset, allowing yield to follow ownership in real time. Most tokenized securities continue to distribute interest through periodic payments, similar to traditional financial products. Archax said its system allows cash flows to accrue and settle continuously, supporting applications such as real-time coupon payments and revenue-sharing arrangements. Read more
The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America. Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside Ripple USD (RLUSD) to support enterprise cross-border settlement between the United States and Mexico. Mexico City-based Bitso said it will issue MXNB on the XRP Ledger where it will be integrated into Ripple's Payments on DEX infrastructure and paired with RLUSD stablecoin for dollar- and peso-denominated settlement of enterprise payments. Money transfers between the US and Mexico comprise the single largest remittance corridor in the world, according to the US Federal Reserve. American goods and services trade with Mexico totaled an estimated $935.1 billion in 2024, up 5.5% from 2023, according to the White House Office of the US Trade Representative. Read more
The bipartisan bill envisions the Justice Department leading a task force to coordinate crypto theft investigations, support local law enforcement and improve blockchain forensics efforts. US lawmakers have introduced legislation that would create a Department of Justice-led task force to coordinate investigations into cryptocurrency theft, scams and other digital asset-related crimes across federal, state and local law enforcement agencies. Under the proposal, the Justice Department would serve as the primary federal coordinator for cryptocurrency theft investigations, bringing together agencies including the FBI, Homeland Security Investigations and Treasury Department's Financial Crimes Enforcement Network. The bill introduced by Republican Representative Lance Gooden and his Democratic House colleague Josh Gottheimer directs the task force to develop best practices for evidence collection, blockchain forensics, asset tracing and victim support. It would also provide training and technical assistance to st...
Trenton Richard Johnston was arrested in March during a traffic stop for speeding, but investigators soon found he was involved in a wider fraud scheme. A Canadian teen stole more than $13 million in crypto through social engineering scams to pay for an “exotic lifestyle” in Miami and Los Angeles, including buying luxury cars, jewelry and taking private jet trips, US prosecutors say. In May, US prosecutors charged then-19-year-old Trenton Richard Johnston for a scheme in which he and co-conspirators impersonated Google, Trezor and other crypto firm employees to gain access to victims’ crypto. On Tuesday, Johnston, now 20, pleaded guilty to conspiracy to commit money laundering, avoiding further charges that could have resulted in a maximum sentence of up to 40 years in prison. Read more
“We continue to view the current macro environment as a headwind for Bitcoin,” 10x Research’s Markus Thielen said. Market analysts have cautioned that Bitcoin and gold may face further headwinds this year following a 4.2% annual increase in the US Consumer Price Index (CPI) in May, according to figures released on Wednesday. The surge in the consumer price index, a broad gauge of goods and services costs across the US economy, deflated hopes that the central bank will reduce rates, with some analysts now expecting rate hikes later this year — bad news for riskier assets such as crypto. US inflation surges to a three-year high. Source: Trading Economics Bitcoin has already had a troubling first half of the year. Bitcoin prices have fallen 36% since January, while gold is down 23% from its January peak. At the same time, crude oil prices have surged more than 50% over the same period. Read more
Lawmakers in Delaware and New Jersey have advanced laws that would completely ban crypto ATMs, a measure that has only been enacted in three US states. Delaware and New Jersey have both advanced legislation to ban cryptocurrency ATMs in what is becoming a growing trend across US states, with lawmakers concerned that the kiosks are overwhelmingly used for scams. The Delaware House Economic Committee on Tuesday passed House Bill 441 to the full chamber, which would ban owning, installing, or operating a cryptocurrency kiosk. It followed the New Jersey Senate Commerce Committee’s unanimous vote on Monday to send its bill banning crypto ATMs to the full chamber. Read more
XRP network activity and investor profitability fall to record lows, leading traders to focus on the $1 to $0.65 zone. XRP's (XRP) onchain activity has contracted sharply since its 2025 peak. The 90-day network fee average fell by 91.5%, while the realized profit-to-loss ratio dropped to 0.38 from 50, according to Glassnode. The decline in activity and profitability comes as traders identify the $1.00-$0.65 region as a major area of interest. According to Glassnode, the 90-day simple moving average of total fees paid on the XRP network has fallen to just 500 XRP from 5,900 XRP in February, a decline of 91.5%. Read more
The proposed rules would preserve election markets and allow many sports-based prediction contracts while limiting bets that could encourage manipulation. The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to the public interest even though federal law classifies them as “gaming.” Released on Wednesday, the proposal distinguishes sports event contracts from games of pure chance, saying markets based on final scores and win-loss records can aid price discovery. Contracts tied to player injuries, officiating decisions or other outcomes that could encourage manipulation, however, are unlikely to meet the public interest test. The proposal also clarifies that election contracts are not considered “gaming” under the relevant federal laws. Reuters reported this could further ease regulatory uncertainty for platforms such as Kalshi and Polymarket, which rose to prominence during the 2024 US presidential el...
Bitcoin miner profits recently fell to record lows, while Bitcoin struggles to hold the $60,000 floor. Should traders be worried? Key takeaways: Bitcoin’s price slide to $62,000 was paired with weak on-chain activity and declining BTC miner revenues, which have fallen to an all-time low. This revenue drop is fueling investor anxiety over potential sell pressure, especially since miners and mining pools still control over $110 billion in Bitcoin. Read more