Mythos AI threat prompts Bessent, Powell to convene bank CEOs for urgent talks

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Mythos AI threat prompts Bessent, Powell to convene bank CEOs for urgent talks Mythos can rapidly spot software flaws and craft sophisticated exploits, raising fears of systemic risks in the banking system. By Omkar Godbole Apr 10, 2026, 2:03 a.m. Make preferred on U.S. regulators and banks discuss Mythos scare. (Pexels/Pixabay) What to know : U.S. regulators and top Wall Street bank chiefs held an urgent meeting to assess cybersecurity risks from Anthropic’s AI model Mythos. Mythos can rapidly spot software flaws and craft sophisticated exploits, raising fears of systemic risks in the banking system. Its ability to uncover and weaponize zero‑day vulnerabilities has spooked crypto and DeFi experts. Mythos’ AI scare is real — enough for U.S. regulators to call an urgent meeting and assess what Anthropic's advanced artificial intelligence model it could mean for banks. The meeting happened Tuesday, with Treasury Secretary Scott Bessent and Fed Chair Jerome Powell sitting down with Wall Street bank CEOs to discuss possible cybersecurity risks linked to Mythos, people familiar with the matter told Bloomberg . Participants included chief executives from Citigroup Inc, Morgan Stanley, Bank of America Corp.’, Wells Fargo & Co.’s, and Goldman Sachs Group Inc.’s. All these are designated as systemically important, meaning disruptions to their operations could have global repercussions. Mythos, an advanced artificial intelligence model developed by Anthropic, is designed to identify and exploit vulnerabilities in software systems when prompted. Unlike typical consumer-facing AI tools, Mythos is geared toward cybersecurity software engineering and cybersecurity tasks. Its specialty is identifying critical software vulnerabilities and bugs, but it can also assemble sophisticated exploits. The episode highlights a fundamental change in how regulators are framing AI risk, not merely as a technological challenge, but as a potential catalyst for systemic events. This has already raised red flags in crypto, where experts are worried that Mythos' capability of discovering and exploiting zero-day vulnerabilities in real-time at a low cost poses risk to the DeFi infrastructure. Anthropic, therefore, has taken a cautious approach, releasing the product only for small group of large technology and financial firms under “Project Glasswing.” Anthropic has previously disclosed that it consulted with U.S. officials ahead of Mythos’ release regarding both its defensive and offensive cyber capabilities. The company is also separately engaged in a legal dispute with the Pentagon, which has designated it a supply-chain risk — a classification Anthropic is contesting in court. Artificial Intelligence More For You Encryption Supremacy: Zcash and Privacy in the Age of Scale By CoinDesk Research Mar 31, 2026 Commissioned by GenZcash Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap. Why it matters : As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve. View Full Report More For You Bitcoin tops $72,000, but Circle and Bullish drop sharply after downgrades By Helene Braun | Edited by Stephen Alpher 4 hours ago Eased Middle East tensions pushed crypto prices and U.S. stocks sizable hjigher. What to know : Circle dropped 10% after Compass Point downgraded the stock to Sell, warning that USDC growth is shifting to lower-margin platforms and that profit forecasts for 2026 and 2027 may be too optimistic. Bullish slid 6% after Rosenblatt cut its rating to Neutral on valuation concerns, saying the exchange now trades... Read full story Latest Crypto News Bitcoin tops $72,000, but Circle and Bullish drop sharply after downgrades 4 hours ago These 3 crypto stocks could actually beat bitcoin ETFs, says TD Cowen 5 hours ago Kalshi now controls 89% of the U.S. prediction market as regulated trading takes over 7 hours ago Securitize names ex-SEC official Brett Redfearn as president ahead of public listing 8 hours ago Potential buyers are circling Winklevoss-backed crypto exchange Gemini 8 hours ago U.S. Treasury to loop in crypto sector on hacker warnings shared with traditional firms 8 hours ago Top Stories Bitcoin shoots above $72,000 as optimism grows over Middle East ceasefire 9 hours ago Trump's World Liberty Financial borrowed millions from a protocol its own advisor co-founded 11 hours ago Mike Novogratz spotlights Helios as $15 billion powerhouse in Galaxy Digital annual report 12 hours ago Tom Lee's Bitmine uplists to NYSE, expands buyback authorization to $4 billion 11 hours ago The $21 billion AI bet: Meta and CoreWeave ink deal for NVIDIA’s next-gen superchips 13 hours ago Fartcoin's price crashed 50% after $145 million manipulation bet went wrong 14 hours ago