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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.
- 19:14"Machi" 25x Ethereum long position liquidated, resulting in a $15 million lossBlockBeats News, on November 3, according to OnchainLens monitoring, "Machi" Huang Licheng's 25x long position in ETH was fully liquidated, resulting in a loss of $15 million.
- 19:13Yilihua: The current crypto market sentiment is excessively fearful; in the short term, there is investment value, but risk control and stop-loss measures are necessary.BlockBeats News, November 4th, Liquid Capital (formerly LD Capital) founder Yi Lihua stated in a post, "While the Nasdaq continues to rise, the current sentiment in the crypto market is excessively fearful. In the short term, the crypto market offers good investment value. One should be greedy when others are fearful, but of course, risk control and stop-loss measures should also be in place, as there may still be unknown risks in the market. I still advise non-genius professional traders not to participate in contract trading; the volatility of spot trading in the crypto market is already significant enough."
- 19:10Cook: The Federal Reserve is closely monitoring the labor market for signs of troubleAccording to Golden Ten Data, ChainCatcher reported that Federal Reserve Governor Cook stated that the labor market remains solid and that they are closely monitoring for any signs of trouble.