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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.
- 12:50Data: BlackRock deposited 1,198 BTC and 15,121 ETH to a certain exchange in the past hourAccording to ChainCatcher, monitored by Onchain Lens, BlackRock deposited 1,198 BTC (worth 129.09 million USD) and 15,121 ETH (worth 56.1 million USD) to a certain exchange in the past hour.
- 12:36Federal Reserve Governor Milan: A 50 basis point rate cut may achieve a neutral interest rateAccording to ChainCatcher, citing Golden Ten Data, Federal Reserve Governor Milan stated that the Federal Reserve may achieve a neutral interest rate through a series of 50 basis point rate cuts, but a 75 basis point rate cut is not necessary; he pointed out that the economy has not shown signs of dysfunction.
- 12:36Federal Reserve Governor Milan: Credit issues may signal overly tight policyJinse Finance reported that Federal Reserve Governor Milan stated that when a series of seemingly unrelated credit issues arise, it may be a signal that policy is too tight.