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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.
- 02:16Kamino sparks controversy by blocking users from refinancing through Jupiter LendChainCatcher news, according to The Defiant, Solana lending protocol Kamino has faced criticism for blocking users from transferring loans via Jupiter Lend's refinancing tool. Kamino manually blacklisted the on-chain address of Jupiter Lend's newly launched Refinance tool, preventing users from closing positions through this address. Kash Dhanda, a core contributor of Jupiter, expressed dissatisfaction about this on X. Samyak Jain, co-founder of DeFi liquidity protocol Fluid, pointed out that Kamino directly added a checking mechanism to lock users, preventing them from moving to platforms with higher yields. According to DefiLlama data, the total value locked (TVL) in the Solana lending market is about $3.7 billion, with Kamino accounting for over 60% of the market share. However, its TVL has dropped from $3.71 billion at the beginning of October to the current $2.33 billion, a decrease of nearly 30% in two months. As of press time, neither party has made a public response regarding this matter.
- 02:15Data: US XRP spot ETF saw a single-day net inflow of $50.27 millionChainCatcher News, according to SoSoValue data, the total net inflow of XRP spot ETFs yesterday (Eastern Time, December 3) was $50.27 million. The XRP spot ETF with the highest single-day net inflow yesterday (Eastern Time, December 3) was Grayscale XRP ETF GXRP, with a single-day net inflow of $39.26 million. Currently, the historical total net inflow of GXRP has reached $209 million.The second was Franklin XRP ETF XRPZ, with a single-day net inflow of $4.76 million. Currently, the historical total net inflow of XRPZ has reached $127 million. As of press time, the total net asset value of XRP spot ETFs is $906 million, with an XRP net asset ratio of 0.68%, and the historical cumulative net inflow has reached $874 million.
- 02:02OpenAI plans to compete with SpaceX and is exploring deals with rocket companiesAccording to Jinse Finance, The Wall Street Journal reported that OpenAI founder Sam Altman has repeatedly expressed his intention to build data centers in space. Sources say Altman has explored acquisition or partnership deals with a rocket company, a move that would put him in competition with Elon Musk's SpaceX. It is reported that OpenAI has held discussions over potential deals in recent months, but negotiations between OpenAI and the rocket company have recently become inactive.