finance

Anthropic launched the personal finance feature Personal Finance for Claude on Thursday, available in beta form for paid subscribers of Claude Pro, Max, and Ultra in the United States. Users can link their bank and credit card accounts through Plaid, which handles the login process, allowing Claude to access financial data without account passwords. This feature can summarize expenses, identify duplicate charges or unusual fees, explain interest expenditures, and generate charts or billing calendars. Anthropic stated that access is read-only, and Claude cannot transfer, manage, or invest user funds; Personal Finance does not include ads or sponsored recommendations.Cryptocurrency investor Anthony Pompliano raised allegations after the feature's release. His product Silvia is positioned as a personal AI Chief Financial Officer, and he claimed that Anthropic employees have been in contact with Silvia engineers since April, ostensibly to understand the company's growth and computing power needs, but in reality to probe into the product's construction and reasons for its popularity. He also described a steak dinner allegedly attended by representatives of Anthropic, claiming someone informed the Silvia team that the meal was paid for by CEO Dario Amodei. Pompliano stated that his engineers refused to disclose sensitive information and claimed that someone at Anthropic warned his team several days in advance about the upcoming product release, noting that Silvia's use of its own models and hardware incurs computing costs approximately 97% lower than cutting-edge AI models.Anthropic is not the first general chatbot company to enter the personal finance space. OpenAI launched a similar bank account linking feature for ChatGPT in May, also providing read-only access through Plaid. Anthropic stated that Personal Finance is just the first step and is exploring collaborations with licensed professionals and regulated financial institutions; currently, this beta version is limited to users of the three paid Claude subscription plans in the United States.

According to a report by the Korean News Agency, members of the Democratic Party in the National Assembly's Finance and Economy Committee have decided to recommend to the party leadership to postpone the taxation of virtual assets originally scheduled to be implemented next year.After a party consultation meeting, the ruling party's secretary Woo Gi-hyung stated that the majority opinion among the committee members leans towards postponing it for about 2 years.

Binance founder Zhao Changpeng added regarding the platform's recovery progress that there is one point that has not been mentioned before, which people might not even think of. Binance did not borrow money, did not sell assets, and did not raise funds; it completely used its own balance sheet to cover the stolen losses, which is different from other events that people have been trying to compare it to.

Due to the recent frequent hacker attacks, the Financial Services Commission of South Korea will urgently hold a seminar on responding to AI security threats in the financial industry on November 5, chaired by Chairman Lee Ik-yeon. The meeting will be attended by Financial Supervisory Service Governor Lee Chan-jin, Financial Security Institute Director Park Sang-won, and the presidents of the five major banks: KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank. The focus will be on examining the implementation of security enhancement measures following recent cyber attack incidents in the financial industry.It is reported that this meeting coincides with the expiration of the terms of the five major bank presidents on December 31, and each financial group has initiated the successor selection process. Cybersecurity and internal control capabilities may become important variables in the year-end personnel arrangements of the five major banks.

According to SolanaFloor monitoring, the Step Drainer attack has been found on another 10 websites, including stonkfun.xyz, pickle.finance, echelon.market, origami.finance, fluxbeam.xyz, stakepoint.app, supswap.xyz, longbow.cash, shprd.finance, and apexdefi.xyz. SolanaFloor stated that it is actively investigating and collecting more data.In addition, StonkFun reported that its website has been restored after migrating to new infrastructure, and on-chain operations were not affected, with no known users impacted.It is reported that the Step Drainer attack is a highly active malware-as-a-service (MaaS) wallet theft tool in the Web3 and cryptocurrency space.

Hifi Finance disclosed that Hifi DAO has encountered a governance takeover attack, and HIFI token holders are effectively unable to control the protocol, governance smart contracts, and HIFI token supply. The team urges all users with collateral in the Hifi Protocol to withdraw immediately and specifically requests the controllers of the two relevant addresses to withdraw WETH from the protocol.Hifi Finance stated that the core team failed to detect and prevent this governance attack in a timely manner and takes full responsibility for it. The team has now taken measures to significantly limit the impact of the attack, and the final losses are yet to be determined, with preliminary estimates around $20,000. The DAO has sufficient funds to compensate all affected parties; the DAO's own liquidity has been permanently withdrawn from decentralized trading platforms.Additionally, all outstanding debts collateralized by RWA will be directly managed by the core team and will no longer be processed through the compromised smart contracts. The relevant debts still have ample capital support and are expected to be fully repaid by the original due date of March 26, 2027, with no new debts being issued by the protocol. The team stated that a complete investigation report will be released subsequently.

According to the official announcement from Ondo Finance, Ondo Intelligent Portfolios has launched on Solana, introducing 7 on-chain investment portfolios covering yield, growth, and thematic investments, of which 3 are supported by BlackRock.Each portfolio is presented in the form of a single transferable on-chain token, supporting transparent holdings display and programmatic rebalancing. The first batch of partner wallets and applications includes Titan, 1inch, LI.FI, and Jumper.

According to The Block, the decentralized trading protocol Curve Finance has launched StableSwap on the Stellar mainnet, marking its first native deployment outside the EVM ecosystem.Users can now create liquidity pools, exchange assets, and provide liquidity on Stellar without permission.

According to on-chain researcher Spreek, the DeFi protocol Hifi Finance has encountered a DAO governance takeover. The attacker gained control through four last-minute votes funded by Tornado Cash, subsequently minting 25 million governance tokens and transferring users' staked assets, with a total value of approximately 1 million dollars, most of which were RWA tokens.

According to on-chain researcher Spreek, the DeFi lending protocol Hifi Finance is suspected of experiencing a DAO governance attack. An address funded by Tornado Cash cast 4 votes just before the governance vote was about to end, taking control of the protocol's governance.This address subsequently minted 25 million HIFI tokens and transferred all user collateral assets within the protocol, valued at approximately 1 million dollars, most of which were RWA tokens.

According to an official announcement from Ripple, Bank of New York Mellon (BNY) has supported XRP and the US dollar stablecoin RLUSD on its digital asset custody platform. Eligible institutional clients can custody, hold, and transfer related assets through this platform. The two parties are further expanding their digital asset collaboration based on the existing RLUSD reserve custody and Ripple Prime custody partnership.BNY plans to expand support for tokenized assets and investment products on the XRP Ledger (XRPL) and collaborate with Ripple, allowing clients to directly mint and redeem RLUSD through BNY in the future. Additionally, both parties are exploring XRPL-based supply chain financing solutions with the working capital platform C2FO, tokenizing trade financing assets such as accounts receivable to broaden investor participation channels.

According to The Block, the RWA protocol Ondo Finance will open subscriptions for OpenAI's pre-IPO tokenized notes next week, allowing private clients to subscribe directly to the notes, which are currently trading in the secondary market.The expectation for OpenAI's IPO has been postponed to 2027, as CEO Sam Altman ruled out the possibility of a 2026 IPO last month citing AI safety concerns.

Bloomberg Markets column Odd Lots released the episode "AI Agents Are Already Changing the Price of Goods" on October 26, subtitled The Future of Fair Pricing. Guest Lindsay Owens from the think tank Groundwork Collaborative stated that the history of price fraud does not support the notion that new technologies will make goods cheaper.Owens mentioned that research from the think tank shows that some consumer-facing AI agents, after understanding users' financial situations, actually recommend more expensive products. Her new book "Gouged: The End of a Fair Price --- and What That Means for Your Wallet" discusses how companies increase charges through data collection and monitoring. This episode also covers AI agents like Meta's Muse, tech companies' claims about agents helping consumers find good deals, and methods of price fraud that existed before the advent of AI.

According to official news from Bitget, the platform announced a collaboration with the structured product liquidity service provider VETA Finance to upgrade its stock dual-currency investment products. This upgrade expands the product pool on top of existing popular targets such as NVIDIA (rNVDA), Google (rGOOGL), and AMD (rAMD), enriching the investment duration options; relying on deeper liquidity support, it offers more competitive annualized returns while optimizing product structure and settlement mechanisms, bringing users a better trading experience and more diverse income opportunities.Currently, Bitget's stock dual-currency investment supports two strategies: "buy low" and "sell high." Users can use USDT or eligible U.S. stock tokens for subscription, and based on preset target prices and investment durations, complete corresponding asset conversions according to the settlement price at maturity and receive corresponding interest income.In addition, Bitget also plans to launch structured products such as accumulation purchase and accumulation sale options (AQ) with VETA Finance based on the rToken ecosystem, expanding the product layout from standardized wealth management to customized solutions, further enriching multi-asset wealth management options under the panoramic exchange (UEX) ecosystem.

Tom Lee stated in an interview that approximately 99% of financial activities are still operating on traditional financial infrastructure, but this situation may create misleading short-term biases, causing investors and businesses to view cryptocurrencies as a niche area and underestimate the potential speed of transformation in the financial system.Tom Lee believes that the current dominance of traditional financial infrastructure does not mean that this pattern will be maintained in the long term. If financial activities gradually shift towards cryptocurrency infrastructure, institutions' reliance on the existing market structure may lead them to underestimate the speed of industry changes. He also warned that banks that have not established cryptocurrency business channels or formulated relevant strategies may face competitive disadvantages as cryptocurrency adoption increases.