🔴 US Government Orders Anthropic to Pull Claude Fable, Mythos AI Models Anthropic has been ordered by the US government to remove its Claude Fable and Mythos AI models, according to Decrypt. The company pushed back against the action, describing it as an overreach and stating that the cited vulnerability is already widespread across the industry.
⚖️ Google Files Lawsuit Against Chinese Network Over Gemini AI Abuse Google is suing a Chinese crime group for allegedly using its Gemini AI to generate phishing sites at scale. The lawsuit claims the operation stole millions of credit card numbers and specifically targeted crypto investors, according to Decrypt.
🤖 OpenAI under investigation by US state attorneys general. A coalition of US state attorneys general is investigating OpenAI, according to Bloomberg. The inquiry's scope and details remain undisclosed.
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📊 Morpho Secures $175M Raise in Onchain Credit Infrastructure Play Morpho has raised $175 million, according to Cointelegraph data. The funding reflects growing investor bets on onchain credit infrastructure as stablecoin adoption expands.
🐋 Whales Accumulate $800M in Ethereum Ethereum whales have purchased roughly $800 million worth of $BOOBS over recent days, according to data from on-chain analytics. The accumulation occurred during a period of subdued market conditions.
🚀 SpaceX IPO Allocations Canceled on Crypto Exchanges Crypto exchanges have canceled tokenized allocations for SpaceX's Nasdaq IPO, which debuted Friday, and are issuing refunds to affected users. The cancellations left crypto investors without the promised exposure to the offering, according to Cointelegraph.
🔐 Quantum Threat Debate: Bitcoin's Post-Quantum Future A Coinbase-convened panel of top cryptographers advises Bitcoin to begin preparing for quantum attacks now. The panel declined to take a position on whether millions of vulnerable coins, including those linked to Satoshi Nakamoto, should eventually be frozen, according to Coindesk.
🚀 Tokenized SpaceX Shares Scrapped After IPO Crypto firms have canceled tokenized offerings of SpaceX shares following the company's record-breaking IPO, according to Decrypt. Participants were refunded and did not receive shares in Elon Musk's rocket company as $SPCX surged post-listing.
🚨 Binance Cancels Wallet SPCXX IPO Binance announced the cancellation of the Binance Wallet SPCXX IPO campaign, citing circumstances outside their control.
📊 Bitcoin ETF Investors Show Resilience Despite Outflows Despite billions in outflows from Bitcoin ETFs this year, the broader crypto ETF market has remained resilient, according to a Bloomberg analyst cited by Coindesk. The analyst noted that most Bitcoin ETF investors have stayed put, suggesting the outflows represent a minority of the investor base.
🇵🇱 Polish President Karol Nawrocki vetoed a bill to implement the EU's MiCA crypto framework for the third time. The veto comes just weeks before the end of MiCA's transitional period, according to Cointelegraph.
⚖️ Sam Bankman-Fried Loses Appeal A federal appeals court panel has rejected the former FTX CEO’s attempt to overturn his criminal conviction on fraud and conspiracy charges. The court ruled Friday that Bankman-Fried failed to prove his trial was unfair, according to Coindesk.
⚖️ KuCoin Fails to Pay $2M Court Award in Token Dispute KuCoin has not paid a $2 million award ordered by a Seychelles court in a dispute over delisted tokens, according to a Swiss investor. The court ruled that KuCoin cannot treat unwithdrawn tokens as "abandoned." The investor plans to file a new lawsuit against the exchange.
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📉 Tether's USDT Briefly Overtakes Ethereum in Market Value For a few hours last weekend, Tether's USDT stablecoin surpassed Ether in total market capitalization, according to Bloomberg data. The flip marked a temporary shift in the rankings of the two largest crypto assets by value.
📰 Metaplanet Acquires Siiibo Securities for $13.1M Metaplanet has purchased Siiibo Securities for approximately $13.1 million, securing a regulated securities platform to develop Bitcoin-linked investment products, according to Coindesk.
✅ BlackRock Files for Bitcoin Income ETF Listing BlackRock submitted an 8-A share registration filing for its bitcoin income ETF, targeting a Nasdaq listing with an expected debut next week. The filing is typically one of the final procedural steps before an ETF goes live, per Coindesk.