CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

According to Reuters, after Binance suffered a $6.3 billion hack last week, the U.S. Federal Reserve (Fed) and Office of the Comptroller of the Currency (OCC) began contacting banks on Monday to inquire about unusual activity or service disruptions in their systems, aiming to screen for risks of the crypto market security incident spreading to the traditional financial system. Sources familiar with the matter said multiple banks are conducting security diagnostics on their internal systems and assessing whether there are vulnerabilities that could be exploited by similar attack methods. The cybersecurity team of a major U.S. bank has contacted Binance and started drafting an internal report, which may later be used to review the bank’s systems and update its cybersecurity measures. Binance stated that it is currently in close contact with global regulators to promptly report the security incident. The Fed and OCC declined to comment. Sources also noted that the rapid evolution of AI models has increased the difficulty for banks to guard against hacks, and banks are investing significant resources in reviewing and patching cybersecurity code.

Binance Wallet has issued an announcement noting that the five original distribution dates and corresponding questionnaire deadlines for the PREDICT airdrop remain unchanged: the token launch date, November 6, 2026, November 13, November 20, and November 27. If PREDICT is officially launched after any of these scheduled distribution dates, the relevant batch plus all previously undistributed batches will be combined and released together in the first distribution batch following the token’s launch. Users do not need to resubmit their questionnaires, and eligibility for each airdrop batch will still be determined by the original questionnaire deadlines.

Citi noted that the Democrats' landslide victory in the U.S. midterm elections could advance U.S.-Iran diplomatic negotiations. However, before the Democratic-controlled Congress is officially sworn in on January 3 next year, the White House remains in a "lame duck" period with relatively loose political constraints, exposing the short-term situation to risks of fluctuations and even renewed escalation, with oil prices likely to stay volatile over the next two months. The bank projects that in the baseline scenario (60% probability), U.S.-Iran tensions and the Russia-Ukraine conflict will gradually de-escalate, with Brent crude prices expected to fall below $70 per barrel in 2027. If conflicts escalate again (30% probability), Brent prices could rise to $120 per barrel next year. In the medium term, a Democratic-controlled Congress will increase checks and balances on the Trump administration's foreign policy, pushing for conflict resolution via negotiations. Additionally, Citi believes the Democrats' win will improve the outlook for tax incentives for renewable energy and electric vehicles. However, political headwinds facing AI data centers in Texas, Georgia, Ohio and other regions may further curb local power and natural gas demand growth expectations.

Binance founder CZ will inaugurate the inaugural Proof of Talk Gulf Summit at the Louvre Abu Dhabi on December 3-4. This marks the first time the Louvre Abu Dhabi has hosted a summit centered on digital assets and artificial intelligence. The event will focus on tokenization, stablecoins, and AI applications in financial markets, and is expected to convene executives from global banks, asset management firms, and digital asset companies. Confirmed attendees include Franklin Templeton CEO Jenny Johnson, Binance CEO Richard Teng, Coinbase Institutional Co-CEO Brett Tejpaul, plus representatives from the National Bank of the UAE, Wio Bank, and the Abu Dhabi Investment Council. The summit will feature 120 speakers, with a maximum attendance cap of 2,000. It operates on an application-only basis—no tickets or speaking slots are sold—with applications due by November 22. Additionally, the event will host a closed-door stablecoin roundtable and a startup competition to explore stablecoin applications in banking, payments, and settlement.

The French National Assembly voted 458 in favor, 0 against, and 2 abstentions to reject the revenue portion of the 2027 national budget, temporarily invalidating three previously passed cryptocurrency-related amendments. The government will submit the original budget text, which excludes these amendments, to the Senate. The three amendments cover: including gains from crypto-to-stablecoin conversions in the tax base; requiring taxpayers to report self-custodied crypto assets worth at least €100,000; and increasing fines for crypto platforms that fail to provide required tax information from €10,000 to €50,000. The proposals still have an opportunity to be reintroduced during the Senate’s review phase, but would need to pass subsequent budget legislative procedures to take effect. The French Senate is scheduled to start reviewing the budget on November 20, with discussions on the specific provisions of the revenue section set for November 23.

Beating AI News: Moonshot AI officially launches Kimi Hosted Agents, packaging the entire AI Agent runtime framework into a cloud service. Previously, when enterprises called model APIs, they had to set up their own runtime environments, arrange tool calls, save task progress, and handle disconnections and failure retries. Now Kimi takes over these tasks: enterprises only need to configure tasks and integrate data to deploy Agents into their own business systems for continuous operation. For example, for fund reconciliation, Kimi provides a ready-made solution with three specialized Agents: one reads external statements, another verifies internal accounts, and the third independently reviews discrepancies to generate an anomaly report. Actual account modifications still require manual approval. Other templates cover investment research modeling, Hong Kong IPO tracking, regulatory enforcement daily reports, and more. The platform currently offers 12 Agent templates, over 140 Skills, and more than 30 plugins, and also supports enterprises integrating their own databases and tools. Anthropic launched Claude Managed Agents back in April this year, which also hosts Agent runtime environments, task states, and tool calls for developers. Google released the Antigravity Harness-based Managed Agents API in May, OpenAI launched its Codex-based Agents API, and Microsoft rolled out the Copilot Harness managed service at the end of October. All these products help developers avoid building their own Agent underlying frameworks, making it easier for AI to integrate into real business operations.