Lookonchain APP

App Store

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

2025.04.16 12:40:33

On April 16th, CBS News, citing multiple sources, stated that although the White House has been attempting to claim that Trump administration officials have been unified on U.S. tariff policy, internal differences over the policy had emerged weeks prior to Trump signing the so-called "reciprocal tariff" executive order on April 2nd. A senior Trump adviser was reported to have warned in private conversations that some tariff proposals could have a catastrophic impact on global financial markets and send the U.S. economy into a downward spiral. CBS reported that U.S. Treasury Secretary Scott Bennett and Trump's trade and manufacturing policy adviser Peter Navarro had a confrontation in late March in the office of White House Chief of Staff Susan Wells. According to multiple sources, Navarro advocated for a uniform 25% tariff on $3 trillion worth of imported goods, while Bennett, a former Wall Street investor, warned that this move would trigger market turmoil and outlined various risk scenarios. The report said that there was constantly heated rhetoric being exchanged.
Relevant content

Infini Founder Christian: Large-scale "Personification Expression" Becomes Core Barrier, Agent Moat Shifting from Model to Application Layer

April 21st — At the "Decoding Web 4.0: When AI Agents Take Over On-Chain Authority" panel discussion, Christian, founder of Infini, introduced the "Agent Moat" concept. He emphasized that from a product and growth standpoint, AI’s core competitiveness still hinges on large language models’ (LLMs) language processing capabilities—specifically, the **human-like quality of their content output**. He noted that unlike early models’ mechanized, template-driven responses, today’s users prioritize whether AI can deliver expressions and content that mirror real human conversations. This directly impacts its practical value in external communication and team collaboration. Christian added that as LLM capabilities evolve, basic information processing is becoming increasingly commoditized. When LLMs can handle roughly 90% of standardized tasks, relying solely on the model itself makes it hard to build long-term competitive advantages. AI agent competition is shifting away from raw model

1 minutes ago

Cobo Proposes "Smart Contract-Based Permissioning + MPC" Framework: Building a Verifiable Trust Layer for the Web3 Economy

April 21st – Cobo AI Growth Lead Brad Bao spoke at the offline event “Decoding Web 4.0: When AI Agents Take Over On-Chain Permissions,” where he revealed Cobo is restructuring its Agent fund control logic via a structured permission system. In its product, the user-Agent relationship is no longer simple wallet authorization but defined by an executable “Agreement” that sets clear permission boundaries. This Agreement includes at least four core components: Intent, Path, Rules, and Termination. It shifts the original “all-or-nothing” permission control to a negotiable, auditable, and revocable fine-grained governance mechanism. On the technical front, Cobo integrates MPC (Secure Multi-Party Computation) to ensure funds remain under user control even amid Agent anomalies, system attacks, or mnemonic injection risks—no single entity can bypass constraints to transfer assets independently. Brad Bao emphasized that under this architecture, Agents have sufficient autonomy to complet

1 minutes ago

Cobo AI Head of Growth Brad Bao: AI Agent Has Started "Managing Money," Core Challenge Shifts to Trust and Certainty

On April 21, Brad Bao, Growth Lead at Cobo AI, spoke at an offline event titled “Decoding Web 4.0: When AI Agents Take Over On-Chain Authority.” He shared that AI agents’ involvement in fund management and asset allocation has evolved from concept to reality—so the question of whether AI agents will manage funds is no longer up for debate. As more agents directly connect to wallets to execute transactions, the industry has seen instances of funds not reaching their intended destinations as expected. In response, the team is continuously logging the issues and risks AI agents encounter in real-world transactions within its experimental system, driving improvements to relevant mechanisms. Bao noted the industry’s core tension right now: If an AI agent lacks autonomy, it’s no more valuable than traditional automated trading tools. But if it lacks verifiable determinism, humans won’t feel confident entrusting their funds to these agents. This “autonomy vs. determinism” tension is eme

1 minutes ago

France Experiences Fake Police Home Invasion Robbery, Victim Forced to Transfer $1 million Worth of Bitcoin

**Crypto Extortion Attack Probed in France** April 21 — French police are investigating a violent cryptocurrency "extortion attack" at a Paris-area home. Three suspects disguised as police officers broke into the residence, threatened and restrained a couple in their 50s at knifepoint, and forced the husband to transfer roughly $1 million in Bitcoin. The victims sustained injuries; the husband was bound, and the suspects fled the scene in a car after the theft. The incident highlights a shift in crypto security threats: from digital breaches to physical coercion targeting holders. By posing as law enforcement to create emergencies and psychological intimidation, criminals force victims to authorize transactions voluntarily — bypassing technical defenses like wallet encryption entirely. Data shows such attacks spiked in 2025: up 75% from 2024, with France as a key hotspot. 2025 losses topped $40.9 million (a 44% year-over-year increase). Along with kidnappings, physical assau

1 minutes ago

Renowned Meme trader Cooker has recently been engaging in ASTEROID scalping trades.

April 21st — On-chain analyst Ai Auntie (@ai_9684xtpa) notes that Solana’s well-known meme trader Cooker (@CookerFlips) has been continuously scalping the ASTEROID token. Around 10 AM today, amid FUD, Cooker sold roughly $160k worth of ASTEROID between $0.0002714 and $0.0003161, triggering a temporary price dip to $0.0002. Subsequently, the trader tweeted that the “FUD impact was less than expected” and bought back 1.78 billion ASTEROID tokens between $0.000359 and $0.00048.

1 minutes ago

Bithumb to List CHIP

April 21 — Official sources confirm that Bithumb, South Korea’s second-largest cryptocurrency exchange, will list CHIP and support KRW (South Korean won) trading pairs for the token.

1 minutes ago