In brief Researchers got frontier AI models to generate cocaine synthesis instructions using a new prompt injection attack. The same technique manipulated an AI coding agent into uploading sensitive credentials. The study argues prompt injection stems from “role confusion,” not simply models failing to recognize malicious prompts. Forget clever prompts: AI researchers say they tricked leading AI models into generating cocaine synthesis instructions by convincing them the dangerous ideas were their own, while also manipulating an AI coding agent into leaking sensitive credentials.In the paper “Prompt Injection as Role Confusion,” presented at the International Conference on Machine Learning in June,…

In brief Standard Chartered has become the first Global Systemically Important Bank (G-SIB) to offer institutional clients direct access to mint and redeem USDC. The service, launching first through the bank’s Dubai (DIFC) operations, targets uses like on-chain settlement, treasury, and liquidity management, with payment features planned later. The launch is the first phase of a broader global stablecoin strategy, with Standard Chartered planning to expand to other markets pending regulatory approval. Standard Chartered announced Wednesday that it has launched a service allowing institutional clients to mint and redeem USDC, the stablecoin issued by Circle Internet Group, directly through the…

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