The event underscores stablecoins' growing role in global sports, highlighting their potential to streamline international financial transactions.
The post World Liberty Financial funds UFC fighter bonuses in USD1 stablecoin at White House event appeared first on Crypto Briefing.
World Liberty Financial is using Sunday’s UFC Freedom 250 at the White House to put its USD1 stablecoin directly into fighters’ hands, marking one of the most visible real-world deployments of a Trump family crypto product to date. WLFI Puts $250K Into the Bonus Pool The Trump-linked crypto firm announced it would serve as the […]
According to a new report from Semafor, the White House's decision to impose export restrictions on Anthropic's Mythos was driven in part by fears that it had been accessed by a group linked to China. If the Chinese government actually had access to Mythos 5 or Fable 5, it would present a serious national security risk. The government could also attempt to reverse engineer the model through distillation, a method in which a "student" AI is trained on a more advanced model to replicate its behavior.
The White House has not confirmed this report, and a post on X by Trump advisor David Sacks did not mention China. Instead, Sacks focused on a r …
Read the full story at The Verge.
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth.
The post Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets appeared first on Crypto Briefing.
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he argues that growing competition from banks, fintechs, and new issuers will eventually break the stablecoin duopoly and create a more diverse market built around specific use cases. Dragonfly’s Rob Hadick Says the USDT-USDC Duopoly Won’t […]
The incident underscores the growing regulatory unpredictability in AI, pushing investors towards decentralized platforms resistant to government control.
The post White House gives Anthropic 90-minute deadline to withdraw AI models appeared first on Crypto Briefing.
The crypto card company stressed that these volumes result from a more conscious use of stablecoins, driven by concrete problem-solving rather than by speculative or purely transactional objectives, unlike those in other markets. Colombia and Bolivia are among the highest-growth markets. Rain Report Underscores Large Growth Of Crypto Cards In Latam Rain, a company that […]
According to the Wall Street Journal, the export control directive that led to Anthropic cutting off access to Fable 5 and Mythos 5 was triggered in part by cybersecurity research from Amazon and conversations between CEO Andy Jassy and the White House. According to the report, the paper from Amazon claims that, through a series of prompts, it was able to get Fable 5 to serve up information that could be used in cyberattacks. Amazon has yet to respond to a request for comment.
Shortly after Jassy shared the company's findings with the government, it made the call to block its use by foreign nationals. Complicating this issue is that many of …
Read the full story at The Verge.