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Zuck, Meta launch a super PAC focused on AI regulation in Silicon Valley’s home state
Zuck, Meta launch a super PAC focused on AI regulation in Silicon Valley’s home state

Share link:In this post: Meta launched a new California super PAC to support candidates who oppose strict AI regulation. The company is spending tens of millions ahead of the 2026 governor’s race. Meta has already lobbied against SB 53 and donated over $700,000 to influence state politics.

Cryptopolitan·2025/08/26 22:05
Flash
12:16
Conflux co-founder questions the authenticity of the "RWA total asset value reaching $410 billions" data, claiming that RWA.XYZ exaggerated the scale by "fabricating data".
BlockBeats News, December 19, Forgiven, co-founder of Conflux, posted that the widely circulated figure of "the total value of global RWA-represented assets reaching $410 billions" is seriously misleading, with the source being a recent manual adjustment of statistical criteria by the RWA data website RWA.XYZ. Before the revamp of RWA.XYZ, the total asset scale of the RWA industry was about $30 billions, but after the revamp, it suddenly inflated to $410 billions. The main reason is that the website introduced two brand new statistical criteria: · Reported Asset Value: Assets for which digital certificates are issued only on private chains or closed systems, but no actual on-chain transfer or distribution has occurred. The current reported scale is about $410 billions; · Distributed Asset Value: RWA assets that are actually distributed and can be held by investors through public chains, DeFi protocols, or exchanges. The current scale is about $18 billions. Forgiven pointed out that in the currently heavily publicized $410 billions figure, about 91% comes from assets issued on the private chain Canton (Guangdong Chain), and another approximately $14 billions comes from home equity line of credit (HELOC) products issued by Figure on its self-developed private chain Provenance. These assets have almost no direct connection with the crypto market and are merely "private chain bookkeeping tokens." Distributed Asset Value ($18 billions) better reflects the real demand structure of the RWA industry. He also warned that one should not blindly believe in Wall Street narratives or "authoritative data platforms," noting that some data platforms, after gaining crypto traffic and dividends, turn to cooperate with capital to package narratives and mislead market perception. He called for caution regarding the recent speculation on RWA concepts in Hong Kong stocks.
12:09
Hyundai Group in Seoul, South Korea receives ransom threat email demanding payment of 13 bitcoins or face building explosion
Foresight News reported, according to MoneyS, that the Hyundai Group building in Seoul, South Korea, received a threatening email on the 19th. The email stated: "If you do not give us 13 bitcoins, we will blow up the Hyundai Group building in Jongno District at 11:30 AM (UTC+8)." After receiving the threat, Hyundai Group, based on its own assessment, decided to forward the email to the management and employees of its subsidiaries and sent it to the Hyundai Group headquarters located in Yeonji-dong, Jongno District. After the police received the bomb threat report, personnel were deployed to search the area, but according to reports, no explosives were found.
12:07
CNBC: Federal Reserve Governor Waller had a "strong Fed Chair interview" with U.S. President Trump
PANews, December 19—According to CNBC, Federal Reserve Governor Waller had a "strong interview for the position of Federal Reserve Chair" with U.S. President Trump. In addition, BlackRock Chief Investment Officer Rick Rieder will be interviewed for the position of Federal Reserve Chair at Mar-a-Lago during the last week of this year.
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