Connect with us
DAPA Banner

Crypto World

US Treasury calls bank CEOs over cyber risks tied to Anthropic’s Claude Mythos model

Published

on

OpenAI buys tech talk show TBPN as it builds out communication strategy

The US Treasury secretary, Scott Bessent, has reportedly met with major American bank leaders this week as officials assessed potential cyber threats that Anthropic’s latest artificial intelligence system poses.

Summary

  • Scott Bessent convened major U.S. bank CEOs to assess cybersecurity risks linked to Anthropic’s Claude Mythos AI model following a code leak.
  • The model reportedly uncovered thousands of long-standing software vulnerabilities, raising concerns over misuse by hackers and threats to financial stability.
  • Anthropic’s revenue surpassed $30 billion annualized, driven by enterprise demand, major compute deals with Google and Broadcom, and the growth of its Claude Code platform.

According to reports, Treasury Secretary Scott Bessent brought together senior executives at the department’s Washington headquarters, with Jerome Powell also said to be present. The meeting followed the unveiling of Anthropic’s Claude Mythos model, which the company has described as posing “unprecedented” cybersecurity risks.

Concerns surrounding the model intensified after its code was leaked earlier this month. In a subsequent blog post, Anthropic said advanced AI systems had surpassed “all but the most skilled humans at finding and exploiting software vulnerabilities,” warning that the consequences for economies, public safety, and national security “could be severe.”

Advertisement

The gathering took place while bank executives were already in Washington for an industry event, with invitations largely extended to leaders of systemically important institutions. Regulators consider these banks critical to financial stability, meaning disruptions to their operations could have far-reaching consequences.

Attendees reportedly included David Solomon of Goldman Sachs, Brian Moynihan of Bank of America, Jane Fraser of Citigroup, Ted Pick of Morgan Stanley, and Charlie Scharf of Wells Fargo. Jamie Dimon of JPMorgan Chase was invited but did not attend.

In his annual shareholder letter released this week, Dimon cautioned that cybersecurity “remains one of our biggest risks,” adding that artificial intelligence “will almost surely make this risk worse.”

Advertisement

Anthropic said its yet-to-be-released Mythos model has already identified thousands of vulnerabilities across software and widely used applications. As a result, access to the system has been limited to a small group of companies, including Amazon, Apple, and Microsoft.

The move marks the first time the company has restricted a product rollout. Select infrastructure and technology groups, such as Cisco and Broadcom, have also been granted access, along with the Linux Foundation.

The developments come as fears grow that malicious actors could use advanced AI tools to uncover passwords or break encryption systems designed to protect sensitive data.

Anthropic said some of the flaws identified by Mythos date back as far as 27 years and had not been detected by developers or security monitors before the AI system surfaced them.

Advertisement

The Treasury meeting also follows a recent decision by the US government to classify Anthropic as a potential supply chain risk, a designation the company is currently challenging in court.

Despite the ongoing regulatory scrutiny and a supply chain risk designation from the U.S. Department of Defense, Anthropic has reported unprecedented financial momentum.

In a recent blog post released on April 6, the company said its annualized revenue run rate exceeded $30 billion as of early April 2026, more than tripling from roughly $9 billion at the end of 2025. 

Part of that growth has been driven by new compute partnerships with Google and Broadcom, highlighting rising demand for large-scale AI infrastructure. This agreement secures multiple gigawatts of next-generation TPU capacity to power frontier Claude models through 2027 and beyond. 

Advertisement

Its agentic coding platform, Claude Code, has emerged as a key contributor, generating more than $2.5 billion in run-rate revenue as of February.

Weekly active users on the platform have also doubled since the start of the year, pointing to rapid adoption of AI-driven development tools as the company shifts its focus toward high-value enterprise agents.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Trump-Linked Crypto Tokens Face Renewed Scrutiny After Plummeting in Price

Published

on

Donald Trump, Trumpcoin, Memecoin

United States President Donald Trump is facing renewed scrutiny, as crypto tokens and projects promoted by the US president crash to all-time lows or sit near record low levels.

The Official Trump token (TRUMP), a memecoin promoted by Trump, hit an all-time low of about $2.73 in March 2026 and is currently trading at about $2.86, according to data from CoinGecko.

Donald Trump, Trumpcoin, Memecoin
The TRUMP memecoin has plummeted in price since launching in January 2025. Source: CoinGecko

World Liberty Financial (WLFI), a decentralized finance (DeFi) platform co-founded by Trump’s sons, also issued a governance token, which crashed to an all-time low on Saturday, falling to just $0.07.

WLFI is down by nearly 75% from its all-time high of about $0.31 reached in September 2025, while the TRUMP memecoin is down by about 90% since its all-time high of over $73 reached in January 2025. 

Donald Trump, Trumpcoin, Memecoin
The WLFI token has crashed by nearly 75% since the all-time high reached in September 2025. Source: CoinMarketCap

“We thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible,” Professor Tonya Evans said in response to the plummeting token prices. She added:

“But, turns out, it was the guy who surrounds himself with sycophants, siphons every bit of value he can for himself, and then expeditiously bankrupts companies and casinos without consequence.”

President Trump also announced another gala for token holders, scheduled to take place on April 25, fueling renewed scrutiny from US Democratic lawmakers, who have accused Trump of influence peddling by giving token holders access to him.

Advertisement

Related: Trump memecoin whales pile in ahead of Mar-a-Lago gala

US lawmakers send letter to Trump memecoin creator

Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff recently sent a letter to Bill Zanker, the individual who launched the Trump memecoin, requesting details on the purpose of the planned Trump memecoin gala in April.

The organizers of the event are “dangling access” to Trump, the lawmakers said, according to Politico, which obtained a copy of the letter. 

Trump and his family members stand to benefit from increased sales of the Trump memecoin; attendees are required to hold TRUMP tokens to gain access to the event, the Senators said.

Advertisement

Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions