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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.
- 02:26Investment bank Macquarie upgrades Core Scientific's rating, raises stock price by 90%ChainCatcher news, according to Coindesk, after the merger deal between Nasdaq-listed bitcoin mining company CoreWeave (CRWV) fell through, investment bank Macquarie upgraded Core Scientific (CORZ) from "Neutral" to "Outperform" and raised its target price by nearly 90%, from $18 to $34. Core Scientific's stock price rose 4.5% in early trading to around $21.7. Analysts Paul Golding and Marni Lysaght wrote in the report that previous reports and proxy advice indicated shareholder opposition to the merger between Core Scientific and CoreWeave, so the failure of the merger was not surprising. The bank's analysts believe this outcome is positive, allowing Core Scientific greater flexibility to lease its near-term power capacity to AI tenants.
- 02:22Yesterday, BITB saw a net outflow of $17.9 million, while FBTC had a net outflow of $12 million.According to Jinse Finance, data monitored by Farside Investors shows that yesterday, BITB saw a net outflow of $17.9 million, while FBTC experienced a net outflow of $12 million.
- 01:46US Treasury Secretary: The Bitcoin network has been running for 17 years without ever shutting down, Senate Democrats could learn something from thisJinse Finance reported that US Treasury Secretary Scott Bessent posted on X, stating that 17 years after the release of the white paper, the bitcoin network is still running and is more resilient than ever. Bitcoin has never been shut down, and Senate Democrats could learn something from this.