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Binance targets a financial super app: integrating cryptocurrency trading, stock investment, payment, and banking-like services, with a goal of increasing the user base to 3 billion

Shunyet Jan, the head of trading and trading operations at Binance, stated that the future competition among financial platforms will no longer be limited to cryptocurrency asset trading, but will integrate services such as investment, payment, lending, and asset management, creating a comprehensive financial ecosystem that covers both traditional finance and the cryptocurrency market. Jan has worked for about 30 years at Goldman Sachs, Morgan Stanley, and JPMorgan Chase. He believes that traditional finance has advantages in regulation, risk management, and functional segregation, while the cryptocurrency industry is more competitive in 24-hour trading, fast settlement, and openness, and that the two will accelerate their integration in the future.Binance hopes to allow users to utilize their financial value without having to sell underlying assets through features such as unified accounts, cross-asset margin, tokenized assets, and stablecoin payments, and to explore using AI to simplify asset selection and risk management. Jan revealed that Binance currently has over 300 million users, most of whom come from emerging markets; among users of its direct stock and tokenized stock products, about 90% come from emerging markets. He stated that Binance's long-term goal is to expand its user base from 300 million to 3 billion and to become a financial infrastructure that more people can use.

first_img Trump: Those who do not use superintelligent terminology are considered enemies of the White House

Phoenix Technology cited a report from Business Insider stating that U.S. President Trump said on Thursday that anyone who does not use his preferred term Superintelligence (SI) will be considered an enemy of the White House. Trump posted on his social media platform that the White House believes anyone using the term Artificial Intelligence (AI) instead of what he calls the more accurate new term Superintelligence is an enemy. The report stated that the White House has begun the process of renaming Artificial Intelligence, with Trump stating that the term Artificial Intelligence implies that the technology is fake.The report also mentioned that at the end of September this year, Trump signed an executive order after meeting with industry leaders at the White House, requiring federal departments and agencies to use Superintelligence and SI instead of Artificial Intelligence and AI in official letters, public communications, websites, and other official communications to the maximum extent permitted by law. This order does not apply to private companies like OpenAI, as the White House does not have the legal authority to enforce it.The report further stated that SpaceX CEO Elon Musk posted on X that he will rename the Artificial Intelligence department SpaceXAI to SpaceXSI. The department was originally named xAI, and in February of this year, SpaceX announced the acquisition of Grok developer xAI, which was renamed SpaceXAI in July. As of Thursday afternoon, its X account still displayed as SpaceXAI. OpenAI CEO Sam Altman denied any renaming plans in an interview with the Politico podcast, stating that the company has been discussing Superintelligence extensively and will continue to do so in the future.

first_img Crypto.com subsidiary AI agency ai.com has been secretly developing, and it has not launched nearly 8 months after its Super Bowl debut

The personal AI agent business ai.com under Crypto.com has not yet been opened to the public since its debut during the Super Bowl in February this year. According to Cointelegraph, ai.com spent $15 million on advertising during the fourth quarter of the Super Bowl to promote the launch of its AI platform, leading to a surge of users rushing to reserve personal AI agent accounts, which caused the website to crash within minutes. Nearly 8 months later, the site still displays a message indicating that due to high demand, AI agent generation is in queue. A spokesperson for Crypto.com confirmed that the platform is still under development, stating that ai.com continues to advance in stealth mode and will provide more details when it is officially released to the public.The AI agents of ai.com are positioned beyond financial scenarios. In a statement released in February, it was announced that personal agents could arrange work, send messages, operate across applications, and build projects, and it also claimed that agents could independently develop missing capabilities and share improvements within the network. Meanwhile, competitors have launched AI assistants for more specific tasks: Robinhood announced on Tuesday that it could execute automated trading within the app using AI agents, Kraken launched AI financial tools in July, and Bitget introduced the AI trading assistant GetAgent in June. Anthropic introduced computer use in Claude Cowork in March, and OpenAI launched ChatGPT Work in July.During this period, Crypto.com continues to invest in AI business.

first_img Florida requests the court to prohibit OpenAI from unsupervised development of new models

According to a report by Reuters on September 28, Florida Attorney General James Uthmeier requested a judge on Monday to prohibit OpenAI from developing new artificial intelligence models without external oversight. This request is part of the state's lawsuit accusing OpenAI of harming children. Uthmeier also asked the court to order OpenAI to prohibit minors from using ChatGPT and to prevent the company from attributing human characteristics to the chat platform.Florida sued OpenAI in June, accusing it of misrepresenting the safety of ChatGPT, claiming that the platform provided information to school shooters, offered guidance on self-harm, and made young users addicted. The lawsuit was triggered by a shooting incident at a university in Tallahassee last year, as well as several other incidents in other states where it was alleged that ChatGPT provided information to individuals who later committed acts of violence. Uthmeier, a Republican, is also the first state attorney general to sue OpenAI over its impact on young users, and the company is facing related lawsuits filed by individuals and families.OpenAI spokesperson Drew Pusateri stated that the company has paused training its most powerful models and will not resume until additional safety measures are implemented, expressing a willingness to work with Florida and other states to promote pragmatic policies applicable across the industry. The company denies responsibility in these cases, stating that the chatbot provides information widely available online and continuously updates its safety tools. The request also cited recent comments from a former OpenAI employee and a current board member, stating that the development of artificial intelligence could lead to the end of humanity and must be slowed down.
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