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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.
- 02:00World Gold Council: International gold prices have reached record highs 50 times in 2025, with Q3 demand hitting a new all-time highJinse Finance reported that the World Gold Council released the Q3 2025 "Global Gold Demand Trends Report," which shows that as of October 30 this year, the international gold price has reached new highs 50 times. In the third quarter, total global gold demand (including over-the-counter transactions) reached 1,313 tons, with a total demand value of $146 billions, setting a new single-quarter record for gold demand. Regarding gold ETFs, investors have significantly increased their holdings of physical gold ETFs for the third consecutive quarter, with holdings rising by another 222 tons and global inflows reaching $26 billions. In the first three quarters of 2025, global gold ETF total holdings increased by 619 tons, equivalent to about $64 billions.
- 01:50Hong Kong-listed company Huajian Medical suspends cryptocurrency acquisitionAccording to ChainCatcher, as per the announcement from the Hong Kong Stock Exchange, Hong Kong-listed company Huajian Medical disclosed that since announcing in mid-August its potential major acquisition plan to purchase cryptocurrencies for no more than 3 billion yuan and submitting it for shareholder approval, it has not sent the circular to shareholders as scheduled, and there has been no progress after two and a half months. Huajian Medical stated that due to the need for additional time to obtain shareholder authorization, the major acquisition has been temporarily suspended. In the future, if it continues to purchase ETH (Ethereum) in the market, it will make disclosures in accordance with the Hong Kong Stock Exchange Listing Rules, especially Chapter 14, which concerns notifiable transactions. Huajian Medical added that it plans to build an AI algorithm platform to improve recognition rates, and intends to integrate its distribution network, ecosystem, and RWA platform to enhance the accuracy of underlying asset valuation models as well as the efficiency and transparency of the securitization process.
- 01:32Momentum: First round of token airdrop subscription is now liveForesight News reported that Sui ecosystem financial infrastructure Momentum announced on Twitter that its first round of token airdrop subscription is now live. Users can complete eligibility verification and subscribe within the next 48 hours to participate in the first round of MMT distribution. If the 48-hour window is missed, users can still verify eligibility later, but the airdrop will be included in subsequent distribution batches.