Bitcoin rises amid Fed inflation talks: Bull trap or $65K next?Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh’s remarks on stubborn inflation. Despite the gains on Wednesday, traders fear that incentives for fixed-income investments and strong earnings momentum in tech stocks will continue to pressure non-yield-bearing assets like cryptocurrencies.Michael van de Poppe(Michael van de Poppe)The US five-year Treasury yield jumped to 4.22%, meaning traders demanded higher returns to hold government bonds. Even as inflation eventually eases and WTI crude oil prices fell to a 4-month low, investors anticipate monetary expansion.Regardless of how the Fed manages interest rates…

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,…

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