Cybersecurity

Crypto traders paid 8,700% annualized fees to bet on Anthropic

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Crypto traders paid annualized fees of up to 8,700% for leveraged bets on the valuation of privately-held AI company Anthropic. This extreme cost reflects speculative enthusiasm and market complexity, highlighting risks for tech professionals involved in high-risk financial instruments tied to unlisted companies. Traders should be wary of opaque terms and potential losses from such volatile synthetic assets.

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Crypto traders paid 8,700% annualized fees to bet on Anthropic

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