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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.
- 15:25BounceBit Plans to Use Platform Fees for BB BuybackAccording to ChainCatcher, the BounceBit Foundation is considering enabling a fee distribution mechanism for BounceBit Trade. The fees generated by the platform will be directly used for the ongoing BB token buyback, which has already received $12 million in revenue support from other products. Currently, the foundation is evaluating the fee distribution plan and additional execution channels.
- 14:48Macquarie moves up US rate cut expectations to Q1 2026ChainCatcher news, according to Golden Ten Data, Macquarie has moved forward its expectation for a US interest rate cut to the first quarter of 2026, previously expected in the second quarter.
- 14:26Nasdaq rises 1% intraday, S&P 500 is up 0.67%Jinse Finance reported that the Nasdaq rose by 1% intraday, the S&P 500 index is currently up 0.67%, and the Dow Jones is up 0.35%.