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U.S. President Trump has approved the demolition of the White House East Wing to build a large banquet hall funded by private donors, including Trump himself and several companies from the technology, defense, and crypto industries. This move has sparked controversy and criticism for allegedly using power to raise funds. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The Federal Reserve has cut interest rates by another 25 basis points and announced the end of quantitative tightening in December. During the press conference, Powell emphasized the necessity of "slowing the pace of rate cuts," prompting the market to quickly adjust its expectations and causing risk assets to decline across the board.
- 02:35Early major depositors of Stable are selling deposit certificates through self-built pools, currently at a 12% premium.According to ChainCatcher, data from Dex Screener shows that a major depositor of Stable's first phase has created a liquidity pool for the deposit certificate token ctStableUSDT (contract address: 0x6503de9FE77d256d9d823f2D335Ce83EcE9E153f) and USDT on Uniswap. The current liquidity is approximately $16.5 million, and the deposit certificate token ctStableUSDT is temporarily priced at 1.12 USDT, representing a 12% premium.
- 02:35Web3+AI project PoobahAI completes $2 million seed round financingChainCatcher reported that the no-code artificial intelligence platform PoobahAI has announced it has secured $2 million in seed funding from FourTwoAlpha Ltd. The new capital will support PoobahAI's proactive development roadmap in the AI-Web3 integration sector, while also driving its market expansion plans. According to the introduction, its flagship product MCP Server connects an AI agent directly to the blockchain infrastructure layer, enabling seamless multi-chain operations and transforming static blockchains into dynamic, self-sustaining systems.
- 02:24Believe founder: Platform flywheel is now activated, first round of $1 million buyback completedAccording to ChainCatcher, Ben Pasternak, founder of Believe, stated that the Believe platform flywheel has now been activated. 100% of the platform's new ecosystem fees will be used for buybacks. In the past few days, the company has conducted the first round of buybacks worth $1 million using existing fees.