UBS: Bullish on Asian emerging market bonds, gold still holds value as a diversifying asset

According to GMGN market data, the stock token 4Stock listed on BNB Chain surged nearly 50% in a short period, likely driven by Binance Wallet’s announcement of the distribution plan for 4Stock Alpha user holding rewards, with its current market capitalization standing at $14.17 million.

Exclusive report from Dujia, via Beating AI Express: Tencent Music is currently in internal testing of its AI music creation tool MusicBuddy, which integrates AI dialogue directly into a multi-track arrangement workstation. Users can modify lyrics, switch instruments, adjust volume and reverb using natural language, eliminating the need to manually operate complex arrangement software. MusicBuddy also provides creation suggestions based on musicians’ existing works, fan preferences and trending topics, and supports selecting different generation models, vocals and reference music. Once a song is completed, it can directly enter the distribution process, and can also generate music videos (MVs) and promotional posters. Tencent Music has previously launched the Qin Yun and Qin Le large music models, and rolled out capabilities such as AI song creation, vocal synthesis and audio editing. MusicBuddy further integrates these capabilities into a single workstation covering creation, editing and distribution. Overseas, Suno Studio 2.0 is following a similar path, already supporting multi-track editing, MIDI and modifying projects directly via chat commands.

According to official announcements, Binance Alpha has released the following arrangements for distributing rewards related to 4Stock holdings: For Binance Wallet holding users, rewards will be automatically sent to users’ on-chain Binance Wallet addresses in BNC4 form by Four Meme, in line with its distribution rules. For Alpha 2.0 holding users (CEX), since Four Meme’s rewards will be uniformly distributed to the Binance Alpha Treasury Contract Address, Binance Alpha will calculate token holdings via daily random snapshots and disburse rewards monthly. Eligible users will receive rewards corresponding to last month at the start of the next month, credited to their spot accounts. A user’s valid daily 4Stock holdings only count if they exceed 10,000 units that day; monthly valid holdings are the sum of each day’s valid holdings within the month. Monthly rewards are allocated proportionally based on each eligible user’s valid holdings of the token relative to the total valid holdings of all qualified users. 4Stock rewards will be issued in BNCB form. For reward calculation purposes, 1 BNCB is considered equivalent to 1 BNC4.

Crypto analyst Chen Mo noted in a post that Binance’s USDe briefly depegged abnormally to $0.92 today. The last USDe-related incident occurred on October 11 (1011), though its on-chain price remained normal throughout. USDe has a thin order book on centralized exchanges (CEXs) and is accepted as collateral for position opening; the risk spillover from the October 11 incident stemmed from this mechanism. Since then, Binance has added USDe’s actual redemption price to its price index, no longer relying solely on order book quotes. In theory, the October 11 event will not repeat.

BNY Mellon Americas macro strategist John Velis stated in a report that he expects the Federal Reserve to deliver one more interest rate hike in December, but is uncertain whether the Fed will implement as many rate increases in 2027 as currently priced by markets. "The outcome hinges on how effective policy tightening will be amid the current inflation shock," he said. He noted that this largely depends on the situation in the Middle East, where visibility remains low. "A de-escalation of tensions and the resulting drop in oil prices could shift the considerations of both markets and the Fed," he added, cautioning that tying policy outlooks to a situation that may first deteriorate before improving is not a sustainable long-term approach.

Beating AI Express: AI podcast *Limitless* host Ejaaz Ahamadeen shared that after his Delta flight was delayed for around seven hours, he delegated follow-up processing to Meta’s personal AI agent Muse. Muse automatically filled out the complaint form, only requesting his SkyMiles number and mailing address from him. About five minutes later, he received a $250 account credit in his Delta account. Muse then helped him search for alternative flights and rebook a trip. Some questioned whether Muse simply submitted applications based on pre-set rules, to which Ejaaz responded that Muse also continued to communicate with Delta customer service via email. Delta has no fixed rule of “$250 compensation for seven-hour delays”; this payment was a case-specific compensation. This is not an isolated case: recently, three other users shared similar experiences: Muse helped one person get $200 in flight delay compensation, submitted a $189.37 Alaska Airlines flight cancellation claim for another, and helped a third person obtain about $1000 in account credit due to a United Airlines ticket price drop. Business Insider also reported today on Meta’s promoted #MuseMoneyChallenge, noting that many of the current successful cases come from Meta employees, so community-shared wins should not be taken as general results.