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Wyoming launches America's first state-issued stablecoin, FRNT, backed by fiat and supported across seven blockchains, aiming to reduce fees and boost digital transactions while funding education.
Dogecoin price dropped 2% this week and risks a deeper correction. On-chain signals show key holder cohorts exiting and bears regaining control.
Share link:In this post: Texas attorney-general Ken Paxton is investigating Meta and Character.ai for allegedly marketing chatbots as therapists without medical credentials. The probe follows a Senate inquiry into Meta after leaked documents suggested its AI could engage in romantic chats with minors. Both companies deny wrongdoing, saying their chatbots carry disclaimers that they are not licensed professionals and are intended for entertainment.
Share link:In this post: Starlink went down Monday, marking its second outage in two weeks. Thousands of users reported the issue on Downdetector, but SpaceX gave no statement. SpaceX launched more satellites that same day from Vandenberg despite the outage.
Share link:In this post: Sam Altman warned that Trump’s chip bans won’t stop China’s AI progress. He said China is advancing across multiple layers, not just hardware. OpenAI released two open-weight models to counter China’s open-source tools.
- 20:10All three major U.S. stock indexes rise, Amazon surges nearly 10%ChainCatcher news, according to Golden Ten Data, U.S. stocks closed higher on Friday. The Dow Jones Industrial Average preliminarily rose 0.09%, the S&P 500 Index increased 0.26%, and the Nasdaq Composite Index gained 0.61%. Amazon surged by 9.58%, Tesla rose 3.74%, Nvidia fell 0.2%, and Meta Platforms dropped 2.72%. The Nasdaq Golden Dragon China Index closed up 0.53%, NIO rose 3.46%, and Alibaba fell more than 2%.
- 20:10All three major U.S. stock indexes have recorded their longest monthly winning streaks in years.According to ChainCatcher, citing Golden Ten Data, the S&P 500 index has risen for six consecutive months, with a cumulative increase of 2.27% this month, marking the longest monthly winning streak since August 2021. The Dow Jones index has also risen for six consecutive months, with a cumulative increase of 2.51% this month. The Nasdaq index has risen for seven consecutive months, with a cumulative increase of 4.7%, both setting the longest winning streak since January 2018.
- 20:10Data: FLM rises over 10%, TON hits a new high todayAccording to ChainCatcher, spot data from a certain exchange shows significant market volatility. FLM surged by 10% and experienced a rebound after a dip. In addition, TON reached a new high for the day, with an increase of 6.13%. On the other hand, both PROVE and NOM experienced a "rally and pullback" pattern, with declines of 5.96% and 6.29% respectively. Meanwhile, ADX hit a new low for the day, dropping by 8.74%, while STRK and ENA both reached new weekly lows, with declines of 13.9% and 17.37% respectively.