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Colb launches financial AI agent Colbee, which can execute on-chain transactions via conversation.

33 minutes ago

Swiss fintech firm Colb announced on September 24 the launch of its digital finance AI agent Colbee, which is now live on WhatsApp. Designed to simplify access to DeFi and on-chain financial products through conversational interactions, Colbee allows users to explore and access relevant services via natural language without directly operating wallets, networks, or decentralized exchanges. Colb stated that Colbee previously served primarily accredited investors, having executed over $40 million in crypto and tokenized asset trades in line with client instructions and signatures. Currently, the AI agent supports 10,163 on-chain operations across Ethereum, BNB Chain, and Polygon, including 63 product functions, 3,368 swap paths, and 6,732 cross-chain paths, with integrations with infrastructure such as PancakeSwap. On the security front, Colbee does not hold user private keys or funds, nor does it make autonomous investment decisions. Each transaction generates an unsigned request based on user instructions, which undergoes checks for balance, authorization, and product limits plus on-chain simulation before users review and sign the request via their own wallets. Some tokenized financial products still require accreditation, identity verification, and compliance with regional restrictions. Looking ahead, Colb plans to expand Colbee to a wider range of on-chain financial services, with a target to grow its platform’s total value locked (TVL) to $1 billion by 2027. As of now, Colb’s colb.finance holds a TVL of over $108 million.

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Federal Reserve's No. 3 official Williams: Another interest rate hike this year is 'reasonable'

New York Fed President Williams said today that U.S. inflation remains significantly above the Federal Reserve’s 2% target, and the central bank still has “a lot of work to do” to curb inflation amid high energy prices and strong demand driven by AI investment. He called another interest rate hike this year a “reasonable” expectation, but stressed that future policy decisions will depend on economic data. Williams noted that the U.S. economy has shown resilience after major shocks, but persistent energy price pressures and strong demand from AI investment have raised inflation risks. He pointed out that U.S. inflation has exceeded the Fed’s target for five consecutive years. The Federal Reserve unanimously raised interest rates by 25 basis points last week, lifting the federal funds rate target range to 3.75%-4%. The latest dot plot shows 16 of 18 officials expect at least one more rate hike before the end of 2026. Williams said each future policy meeting will be decided based on the latest economic and inflation data. Markets have also increased bets on an October rate hike: CME FedWatch data shows that as of September 24, the market’s probability of a Fed rate hike in October is around 70%, up from about 54% the previous day. In addition, Williams noted that AI investment has become a new variable on the demand side. While AI investment could drive productivity growth in the coming years, its actual contribution to overall productivity remains limited for now.

1 seconds ago

European Banking Authority Calls for Inclusion of Crypto Lending in MiCA Regulatory Framework, Proposes Leverage Limits and Suitability Tests

The European Banking Authority (EBA), in its response to the European Commission’s targeted consultation on the Markets in Crypto-Assets (MiCA) framework, is calling for crypto lending to be incorporated into the EU’s MiCA regulatory regime. This includes cases where crypto asset service providers facilitate client access to decentralized finance (DeFi) lending protocols. The EBA recommends the European Commission conduct a cost-benefit analysis of legislative changes, add intermediated crypto lending to MiCA’s list of regulated services, and potentially impose specific compliance requirements and oversight measures. It also proposes relevant rules for crypto firms that offer clients access to DeFi lending protocols. Potential measures outlined by the EBA include suitability tests for users, leverage limits, enhanced disclosure requirements, possible restrictions on lending access involving MiCA-authorized asset reference tokens or e-money tokens, and a certification system for DeFi lending protocols. The EBA notes that crypto lending continues to grow across the EU; prior research shows lending activities exist in at least 16 member states. Easier access to DeFi via crypto firms and AI tools is increasingly blurring the line between centralized and decentralized finance.

1 seconds ago

Binance will list HYPE for its Earn, Buy Crypto, Convert, VIP Loans, and Margin services.

Binance announced in an official statement that it will gradually add Hyperliquid (HYPE) to its services including Simple Earn, Buy Crypto, Convert, VIP Loan, and Margin starting September 24. HYPE’s flexible product will launch on Simple Earn at 19:00 UTC+8 on September 24, with subscriptions opening immediately. Within one hour of HYPE’s spot trading going live, users can purchase HYPE via payment methods such as bank cards, Google Pay, and Apple Pay, and trade HYPE with assets like BTC and USDT on Binance Convert with zero fees. Additionally, HYPE will become an eligible borrow asset for VIP Loan within one hour of its spot listing. Binance’s margin trading will add HYPE as a borrow asset at 19:00 UTC+8 on September 24, and launch HYPE/USDT and HYPE/USDC cross-margin and isolated margin trading pairs; portfolio margin will also support HYPE and the above-mentioned trading pairs simultaneously. Binance reminded that newly listed tokens usually have high volatility, so users should pay attention to risk management.

1 seconds ago

Apple open-sources LensVLM-9B: 100-page documents are first compressed into images, reducing KV cache usage by 84%

Beating AI Express News: Apple has open-sourced LensVLM-9B, a vision-language model purpose-built for processing long documents, trained on Qwen3.5-9B-Base. When handling long documents, the model first compresses the entire document into low-resolution pages for a quick scan to locate relevant pages, then reads the original text or high-definition images on those pages—eliminating the need to load the full document into the model’s context window. Per the paper’s tests: For a 100-page document, reading the full text directly requires 51,273 tokens, while LensVLM uses just 8,090 tokens. The corresponding KV cache drops from approximately 1.6GB to 253MB, an 84.2% reduction, with no significant accuracy loss after compression. Among 7 document question-and-answer tasks, direct full-text reading yields an average accuracy of 72.4%, while LensVLM hits 68.9% at roughly 4.3x compression. Compared to the approach of converting text to images for model recognition (at around 5x compression), LensVLM lifts accuracy from 31.3% to 68.9%. That said, the model is currently slower: After locating the relevant page, LensVLM must call an additional tool to read the original text, requiring two consecutive inference runs. The paper notes each answer takes approximately 17 seconds; without the compression scheme, directly inputting the full document as text into Qwen3.5-9B takes about 8 seconds to generate a response.

1 seconds ago

Bitget integrates Robinhood Chain into its onchain trading functionality.

Bitget Onchain, its on-chain trading service, has now integrated Robinhood Chain, enabling users to directly trade all assets in the Robinhood ecosystem using the stablecoin U (United Stables) from their spot wallets. This integration further expands Bitget UEX’s panoramic ecosystem layout, delivering a more efficient on-chain trading experience for users. As of now, Bitget Onchain has integrated six major networks: Robinhood, MORPH, ETH, SOL, BSC, and Base. Users can directly access millions of on-chain assets and US stock trades via their spot wallets, and leverage auxiliary tools including AI smart money copy trading and on-chain limit orders to achieve intelligent analysis and trade execution.

1 seconds ago

AI assistants have grown so popular that they're starting to do creative gimmicks: someone has built a fake "fishpond management" agent.

Insight Beating AI Flash News: Personal AI assistants have been popping up en masse lately, and some in Silicon Valley are already poking fun at these products. Tech video creator Max Musgrave has developed a fake product called Sidehoe, billed as "the first AI assistant to help you manage your dating pool". It reads iMessage chats, remembers the names, birthdays, and preferences of each date, alerts you to who you’ve been ghosting for 9 days, checks for conflicting appointments, misnamed messages, and whether the same flirty line has been sent to multiple people. Sidehoe has copied nearly all standard features of personal AI assistants: it stores information, proactively reminds users, drafts responses, and claims all data is processed locally. To avoid being detected by partners, notifications are disguised as delivery alerts, and the app is hidden behind a seemingly functional calculator. It even offers a $9.99/month Pro plan, plus a "Monogamy" plan for managing only one person, which notes "No app required". Only at the bottom of the page does it admit that Sidehoe is a parody, not an actual product. Musgrave runs Strive Haus, a San Francisco-based creative studio that specializes in producing product launch videos and brand content for tech companies. Familiar with these launch routines, Sidehoe’s product demo, feature naming, and subscription page are all highly realistic.

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