Joined August 2021
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The CEO of Anthropic says nobody is paying attention to what's about to happen. "The most surprising thing has been the lack of public recognition of how close we are to the end of the exponential. To me, it is absolutely wild that you have people talking about the same tired old hot button political issues... We're near the end of the exponential."
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INSIGHT: Coinbase has opened US-regulated gold and silver futures to 24/7 trading, with oil next. The crypto exchange is bringing always-on, crypto-native trading hours to traditional commodities.
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BREAKING: Coinbase says it has processed 160M agentic payments via x402. Brian Armstrong also cited ~$1T in annual stablecoin movement at Coinbase, as Coinbase for Agents went live.
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BREAKING: David Sacks says the administration asked Anthropic to fix a jailbreak in its Fable model or pull it, and that Anthropic refused, prompting the export control. Anthropic disputes this, calling the jailbreak narrow and present in other public models.
I’ve had a number of conversations with folks inside and outside government about the current situation with Anthropic, and here is what I believe to be true: — As we know, Anthropic publicly released its Mythos class models earlier this week under the commercial name Fable. — Fable is Mythos with guardrails. But if those guardrails fail, then you’ve exposed Mythos and its advanced cyber capabilities to people who shouldn’t have them. (Keep in mind that Anthropic itself widely promoted the idea that Mythos was a cyberweapon and needed to be regulated as such. They asked for government regulation of Mythos and championed the guardrails on Fable. If there is a vulnerability — big or small — it is Anthropic’s responsibility to patch.) — A highly credible trusted partner of both Anthropic and the USG who was testing Fable came forward with a jailbreak of those guardrails. The Admin asked Dario to fix the jailbreak or de-deploy the model. Dario refused. — In their blog post, Anthropic defended its decision by saying the jailbreak isn’t serious. That is not what the trusted partner and the USG believe; nor is that kind of minimizing language consistent with Anthropic’s brand as the AI safety company. It’s difficult to fathom how they could claim a jailbreak allowing operability of a cyber weapon could be defined as not “serious.” — In the past, Anthropic has always said that safety must be top priority and taken super seriously. In this case, Anthropic prioritized the continued offering of the consumer model over safety. — In reaction, the Admin issued the export control. The Admin did this reluctantly. It’s been very surprised that Anthropic hasn’t wanted to cooperate with a reasonable safety request (ie fixing the jailbreak issue). Anthropic’s reaction is very much at odds with their branding and ethos as a safe AI research community. — The Admin’s hope now is that Anthropic remediates the safety issue, the export control is lifted, and Fable goes back into general release. The Admin wants all of this to happen as soon as possible. It is frankly bewildered that Anthropic hasn’t wanted to comply with safety requests that it previously said were its highest priority. — Those trying to misdirect and tie this action to the prior DoW/Anthropic issues are wrong. The Admin values Anthropic’s technical capabilities and feels that this issue, while serious, should be easily resolved. The ball is in Anthropic’s court.
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BREAKING: Worldcoin $WLD has added roughly $350M in market cap in the past 48 hours.
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BREAKING: Bittensor $TAO is up 22% overnight and 37% on the week, as decentralized-AI narratives heat up. It comes as the US government forced Anthropic to disable its Fable 5 and Mythos 5 models for all users, the centralized-AI risk decentralized projects point to.
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BREAKING: Anthropic has disabled access to Claude Fable 5 and Mythos 5 for all users after a US government export control directive. The order, citing national security, bars foreign nationals from the models. Anthropic is contesting it. All other Claude models are unaffected.
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INSIGHT: Strategy's premium has vanished. The market once valued it at up to 3.5x the Bitcoin it held. Today its mNAV sits below 1 (~0.81), meaning the stock is worth less than the BTC on its balance sheet.
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MSB Intel retweeted
BREAKING: Blockworks is acquiring crypto data firm Messari for more than $10M, per WSJ. Messari was valued at around $300M in its Series B four years ago.
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BREAKING: White House official Patrick Witt says the administration is aiming to pass the CLARITY Act by July 4th.
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BREAKING: Ondo’s launched SPCXon across Solana, BNB Chain, and Ethereum. It crossed 10,000 transactions and $1M in TVL within minutes of going live, with thousands of holders.
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BREAKING: SimpleSwap integrates NEAR Intents, enabling cross-chain swaps without wallet connect, bridge setup, or manual routing.
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BREAKING: Stellar's stablecoin market cap has surged to a new all-time high of $816.7 million.
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BREAKING: Elon Musk rings Nasdaq opening bell.
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BREAKING: Dinari’s tokenized U.S. equities are now live on Avalanche C-Chain. The launch brings 350 tokenized stocks, ETFs, and REITs with 24/7 access for eligible users across 85 countries.
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BREAKING: Sam Bankman-Fried has lost his appeal to overturn his fraud conviction and 25-year sentence.
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BREAKING: Ethena Labs is allocating $250M to Securitize's tokenized AAA CLO fund as it deploys on Solana.
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BREAKING: ICP leads all blockchains in real-time TPS over the past 7 days with 2,100 TPS. Solana ranks second, followed by BNB Chain, TRON, and Stellar
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BREAKING: Bitcoin is set for its 11th largest mining difficulty drop on Saturday as falling BTC prices continue to pressure miner revenues.
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BREAKING: Exodus launches Exodus Markets with Ondo, offering 200 tokenized stocks, ETFs, and RWAs on Solana.
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