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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.
- 09:29MegaETH token sale oversubscribed by 8.9 times, with subscription amount exceeding $450 millionAccording to ChainCatcher, MegaETH's token sale was oversubscribed by 8.9 times, with subscription amounts exceeding $450 million.
- 09:19The first Solana staking ETF, BSOL, will offer physical subscription and redemption functions.Jinse Finance reported that on October 28, Bitwise will launch the first 100% Solana staking ETF to be listed on the New York Stock Exchange, with the stock code BSOL. Bitwise plans to stake 100% of the SOL holdings of the Bitwise Onchain Solutions Staking BSOL Fund, supported by Solana staking technology provider Helius, with a staking yield of 7.34% and a management fee of 0.20%. For the first three months, the management fee for the first 1 billion USD in assets will be 0%. In addition, the Bitwise Solana Staking ETF will offer physical subscription and redemption functions.
- 09:19Matrixport: Bitcoin is still in a range-bound stateJinse Finance reported that Matrixport stated Bitcoin remains in a range-bound consolidation; in contrast, the US stock market has repeatedly reached new historical highs driven by the AI boom. There are certain similarities to the rhythm seen last year: after a prolonged period of low volatility consolidation, prices experienced a relatively rapid upward movement within about three weeks (historical review, not indicative of the future). The current narrow fluctuations place higher demands on traders' patience. The short-term outlook is mainly wait-and-see, while the mid-term pattern remains unchanged. If the Federal Reserve maintains a dovish stance and continues to cut interest rates, the market will mostly be waiting for clearer external driving signals. Historically, similar rhythms have often been observed: after a long period of consolidation, volatility tends to be released intensively within a short period.