Mythos · Anthropic · White House · The Block
Venice and Morpheus tokens climb as US ban on Anthropic’s Fable 5 fuels ‘permissionless AI’ pitch
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Tokens tied to two decentralized AI projects rose after the U.S. government ordered Anthropic to cut foreign-national access to its newest models late Friday, with backers casting the shutdown as proof of their censorship-resistant pitch.
Key facts
- Venice's VVV token climbed about 14% over 24 hours to $16.37 by Saturday afternoon, with a 24-hour high of $17.66, as trading volume jumped nearly 200% to roughly $130 million, according to CoinGecko
- Frontier AI lab Anthropic said it received an export-control directive at 5:21 p.m
- Anthropic launched Fable 5 on June 9 as the first publicly available model in its "Mythos-class" tier, shipping it with built-in safeguards because the underlying system is capable enough to find
- Users stake its VVV token for access, while the Morpheus decentralized AI network rewards contributors of compute, code and capital with MOR
Summary
Venice's VVV token climbed about 14% over 24 hours to $16.37 by Saturday afternoon, with a 24-hour high of $17.66, as trading volume jumped nearly 200% to roughly $130 million, according to CoinGecko data. The trigger appeared to be a federal order against a centralized rival. Anthropic launched Fable 5 on June 9 as the first publicly available model in its "Mythos-class" tier, shipping it with built-in safeguards because the underlying system is capable enough to find and exploit software flaws. Anthropic's Mythos model has been shown to be remarkably effective at cybersecurity-related tasks, at a time when AI is emerging as an accelerator of the blockchain security arms race.