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Share link:In this post: The ECB has paused rate cuts after inflation hit the 2% target. Olli Rehn said there’s no need for more cuts unless new risks appear. Joachim Nagel believes policy should stay unchanged unless conditions shift.
Share link:In this post: Vitalik Buterin argues FOCIL will make Ethereum more neutral and censorship-resistant. However, Reflexer Labs warns that FOCIL could be a big problem for Ethereum as the current system is still working. Debate on censorship resistance continues with crypto attorney Gabriel Shapiro saying FOCIL might be worth the risk.
Share link:In this post: Databricks is acquiring Tecton to boost its real-time AI agent tools. Tecton was last valued at $900M and has around 90 employees. The deal follows Databricks’ $100B valuation term sheet signed this week.
Share link:In this post: The U.S. government, under Trump, will invest $8.9 billion for a 9.9% stake in Intel, aiming to boost domestic chip production and make the government Intel’s largest shareholder. Despite the funding, analysts warn Intel’s contract chipmaking (14A and 18A processes) won’t be viable without major external clients and improved manufacturing yields. The deal, which includes discounted shares and no board seat, reflects a rare federal intervention in corporate ownership.
Share link:In this post: With long public wait times for therapy, many individuals, including teens, are turning to AI-powered chatbots for emotional support. These tools offer constant availability and simulate human interaction, but they are not trained professionals. Mental health professionals caution that AI tools lack empathy, accountability, and the ability to respond to crises like suicidal ideation.
Share link:In this post: A blockchain startup behind the Xai gaming network is suing Elon Musk’s xAI for allegedly copying its name and causing brand confusion. The company claims users, media, and even AI bots mistook its platform for Musk’s venture after xAI announced gaming plans. The startup is asking a federal court to block xAI from using similar branding and to award financial damages.
- 01:44Investment bank Cantor Fitzgerald lowers Strategy's target price by 59% to $229, but maintains "Overweight" ratingAccording to ChainCatcher, analysts at investment bank Cantor Fitzgerald have set a 12-month target price of $229 for Strategy stock, about 59% lower than the previous expectation of $560. However, Cantor Fitzgerald has reiterated its "Overweight" rating and remains optimistic in the long term. The analysts now expect that over the next year, Strategy will raise $7.8 billion from the capital markets, instead of the previously expected $22.5 billion.
- 01:31Yield Basis has activated the fee switchOn December 6, it was reported that Yield Basis, a protocol developed by Curve Finance founder Michael Egorov, activated its fee switch on Thursday, becoming the latest crypto protocol to direct revenue to token holders. Some Yield Basis users have four weeks to claim more than 17 bitcoins accumulated since the protocol's launch in September. These bitcoins were worth nearly $1.6 million on Friday. The proposal to activate the fee switch was unanimously approved by Yield Basis token holders on Wednesday.
- 01:31Jupiter: HumidiFi (WET) public sale will relaunch on December 8Jinse Finance reported that Jupiter officially announced on the X platform that the WET public sale phase will restart at 10:00 AM EST on Monday, December 8 (11:00 PM UTC+8). Jupiter will collaborate with the HumidiFi team to enhance and improve anti-bot measures. Since the currently deployed WET tokens are stored in a pre-sale vault that has already been locked and cannot be retrieved, the team will mint a new token to support the restart of the public sale.