Kraken Parent Payward Joins Anthropic’s Project Glasswing for AI Security
Kraken Parent Payward Joins Anthropic’s Project Glasswing to Strengthen Cybersecurity
Kraken parent company Payward is joining Anthropic’s Project Glasswing and integrating Claude Mythos 5 into its cybersecurity defenses, marking another major step in the cryptocurrency industry’s adoption of advanced artificial intelligence for security.
The development places Payward among organizations using highly capable AI systems to identify potential vulnerabilities and strengthen defenses against increasingly sophisticated cyber threats.
The move was highlighted by Cointelegraph on X and comes as Anthropic expands Project Glasswing, a restricted-access initiative designed to give selected organizations access to advanced AI capabilities for defensive cybersecurity work.
Anthropic says Claude Mythos 5 is currently available only to approved organizations participating in the program. The company describes the model as having significantly stronger cybersecurity capabilities, particularly in exploit reasoning, which is why access remains controlled.
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| Source: XPost |
Payward Turns to AI for Cybersecurity
For a cryptocurrency company such as Payward, cybersecurity is a critical operational priority.
Crypto platforms manage financial assets that can be moved globally and, in many cases, within minutes. A successful compromise of an exchange, wallet infrastructure or supporting software could potentially create significant financial and reputational consequences.
That makes vulnerability detection especially important.
Traditional security teams typically rely on a combination of automated scanners, penetration testing, monitoring systems and human security researchers. Frontier AI models are now adding another layer by helping security teams analyze large amounts of code and identify potential weaknesses more rapidly.
Project Glasswing is designed around that idea.
Rather than making Mythos 5 generally available, Anthropic has limited access to selected partners that operate important software and infrastructure. The objective is to use advanced AI capabilities to help defenders discover and address vulnerabilities before attackers can exploit them.
What Is Anthropic’s Project Glasswing?
Project Glasswing is Anthropic's controlled-access cybersecurity initiative.
The program was created around the growing capabilities of frontier AI models in cybersecurity. Anthropic has said its latest Mythos-class systems can perform sophisticated vulnerability discovery and exploit reasoning, creating both opportunities for defenders and potential risks if those capabilities become widely accessible.
Under the program, selected organizations can use Mythos models to examine their own systems and software.
Anthropic's current cybersecurity program says more than 50 organizations are involved in stewarding open-source infrastructure, while the company has committed $100 million in usage credits to Glasswing partners working to defend critical infrastructure.
The program therefore represents a broader experiment in whether powerful AI can help cybersecurity teams operate at the speed required to respond to modern threats.
Why Mythos 5 Is Different
Mythos 5 is not simply another general-purpose chatbot.
Anthropic launched Claude Fable 5 for broad availability while making Mythos 5 available through restricted access. The two models share the same underlying capabilities, but Mythos 5 is designed for a smaller group of trusted organizations and does not include the same safety classifiers used in the generally available version.
That distinction reflects the dual-use nature of advanced cybersecurity AI.
The same technology that can help a security engineer find a vulnerability can potentially be misused by someone attempting to exploit that vulnerability.
Anthropic has therefore adopted a controlled-access model for Mythos 5 rather than releasing it broadly.
Cryptocurrency Companies Face Unique Security Risks
The crypto industry has become one of the most attractive targets for cybercriminals because of the financial value held within digital asset infrastructure.
Exchanges, decentralized applications, custodians, bridges and blockchain protocols all represent potential attack surfaces.
A vulnerability in traditional software can be damaging, but a vulnerability in a financial platform can potentially result in the direct loss of digital assets.
That creates strong incentives for cryptocurrency companies to invest in preventative cybersecurity.
For Payward, which operates Kraken, the importance of protecting trading infrastructure is particularly significant.
Kraken serves users across multiple markets and provides access to a broad range of digital assets and financial products. The company therefore has to maintain security across a complex technology environment.
Using advanced AI to identify weaknesses could give its security teams another tool for finding problems before they become incidents.
AI Could Change How Vulnerability Research Works
One of the biggest implications of Mythos 5 is the possibility that AI could dramatically accelerate vulnerability research.
Security researchers traditionally spend considerable time reviewing code, reproducing bugs and determining whether a weakness can actually be exploited.
AI agents can potentially automate portions of that process.
Anthropic says its frontier models have already demonstrated an ability to identify and reason about software vulnerabilities at a level that represents a significant change for cybersecurity.
That could allow security teams to examine more software in less time.
For companies operating large technology infrastructures, this could be particularly valuable.
Instead of waiting for a vulnerability to be discovered externally, organizations could proactively ask AI systems to search for weaknesses within their own environments.
The Defensive Advantage Could Be Significant
The basic idea behind Project Glasswing is to give defenders access to powerful capabilities before those capabilities become widely available.
Anthropic argues that the cybersecurity industry needs to find and fix vulnerabilities faster because increasingly capable AI systems could eventually become accessible to malicious actors as well.
This creates a race between offense and defense.
If attackers can use AI to discover vulnerabilities faster than human security teams can patch them, the cybersecurity landscape could become significantly more dangerous.
But if defenders can use comparable technology to identify and fix weaknesses first, AI could potentially strengthen digital infrastructure.
Payward's participation therefore reflects a broader shift toward AI-assisted security across financial and technology companies.
Other Financial Firms Are Joining Glasswing
Payward is not alone in exploring this approach.
Financial technology company FIS joined Project Glasswing in July and said it was testing Mythos 5 to scan and evaluate its own systems. FIS operates infrastructure involved in payments, money movement and core banking services for financial institutions.
Visa has also said it joined Project Glasswing and developed a security testing system designed to use AI agents to examine its codebase and identify vulnerabilities. Visa reported that Glasswing participants identified more than 10,000 high- or critical-severity vulnerabilities across widely used software during the program's initial month.
The participation of major financial and technology organizations suggests that AI-powered cybersecurity is moving beyond experimental research.
It is increasingly becoming part of corporate security strategies.
What This Means for Crypto Security
The partnership could have broader implications for the cryptocurrency industry.
Crypto companies have historically invested heavily in security because the assets they protect are difficult to recover once stolen.
Advanced AI could potentially help security teams identify weaknesses in exchange infrastructure, applications and supporting software before attackers discover them.
However, AI is not a replacement for human security professionals.
AI-generated findings still need to be verified, prioritized and addressed by experienced teams. A system may identify a potential weakness without fully understanding its practical impact or whether it represents a genuine vulnerability.
Human oversight therefore remains essential.
The AI Cybersecurity Race Is Accelerating
Payward's reported integration of Mythos 5 highlights a rapidly changing relationship between artificial intelligence and cybersecurity.
The industry is moving toward a model in which AI does not simply assist developers with coding or answer security questions. Instead, advanced AI systems can actively participate in vulnerability discovery, testing and defensive analysis.
That could become increasingly important as software ecosystems become more complex.
For crypto companies, the stakes are particularly high.
Digital assets operate on infrastructure that must remain available and secure around the clock. A single weakness can potentially expose significant amounts of value.
By joining Project Glasswing, Payward is positioning itself on the defensive side of the emerging AI cybersecurity race.
The broader question is whether organizations can use these increasingly powerful models responsibly while preventing the same capabilities from falling into the hands of attackers.
Anthropic's decision to keep Mythos 5 under restricted access shows that the company believes the risks remain significant.
For Payward and other financial infrastructure providers, however, the potential defensive benefits could be equally significant.
As AI continues to advance, the ability to discover vulnerabilities before attackers do may become one of the most important advantages in cybersecurity.
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Writer @Ethan
Ethan Collins is a passionate crypto journalist and blockchain enthusiast, always on the hunt for the latest trends shaking up the digital finance world. With a knack for turning complex blockchain developments into engaging, easy-to-understand stories, he keeps readers ahead of the curve in the fast-paced crypto universe. Whether it’s Bitcoin, Ethereum, or emerging altcoins, Ethan dives deep into the markets to uncover insights, rumors, and opportunities that matter to crypto fans everywhere.
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