Odaily Planet Daily reports that the American Federation of Teachers (AFT), the second-largest teachers' union in the United States, has urged the U.S. Senate to reconsider a cryptocurrency bill, claiming that the bill puts the pensions of its 1.8 million members at risk while doing little to combat fraud and corruption in the digital asset sector. In a letter dated December 8 to the Senate Banking Committee, AFT President Randi Weingarten called the Responsible Financial Innovation Act “irresponsible and reckless,” noting that it “poses profound risks to working families’ pensions and overall economic stability,” and that its enactment could “lay the groundwork for the next financial crisis.” The bill was co-sponsored by Senators Cynthia Lummis and Bernie Moreno. Previously, the AFL-CIO, the largest labor union in the U.S., and the Institute of Internal Auditors also expressed their opposition to the bill, pointing out its failure to protect consumers and ensure sound governance of cryptocurrency exchanges. (Cointelegraph)

Huoxun Finance News, December 10th – According to BusinessWire, Pheasant Network, a subsidiary of PGLabs, has completed a $2 million seed funding round and ecosystem support to advance AI×Intent-driven decentralized finance interoperability. The funding round was led by mint, with support from Ethereum Foundation, PolygonLabs, Optimism, and others. The project has already processed over $200 million in cross-chain transactions and plans to expand PNT token applications, launch AI-assisted routing, and one-click cross-chain operations.

Huoxun Finance News, December 10th - According to The Block, Superstate, led by Compound founder Robert Leshner, announced the launch of "DirectIssuance Programs," allowing publicly traded companies to raise funds directly from KYC-verified investors by issuing tokenized shares. Investors can pay with stablecoins and enjoy instant settlement. The service will run on Ethereum and Solana, with the first issuance expected to launch in 2026. The program requires no underwriters, complies with the SEC regulatory framework, and aims to promote the on-chaining of capital markets.

Huoxun Finance News, December 10th - According to CoinDesk, blockchain infrastructure company TenXProtocols officially listed on the Canadian TSX Venture exchange today, with the stock code "TNX". The company plans to raise over CAD 33 million (approximately USD 24 million) by 2025, part of which will be used to purchase tokens on chains such as Solana, Sui, and Sei and participate in staking, while also expanding its own infrastructure services. Investors include Borderless Capital, BONK contributors, and DeFi Technologies.

Huoxun Finance News, December 10th - OpenAI is integrating more third-party applications into ChatGPT, allowing users to directly use Adobe creative tools, including Photoshop, Adobe Express, and Acrobat, within the chat interface. Announced Wednesday, this integration allows ChatGPT users to use some Adobe features for free without leaving the chat window. For example, users can adjust image brightness, contrast, and saturation in Photoshop, apply stylized effects, or edit specific areas, such as blurring or removing backgrounds. However, this version does not yet support Photoshop's generative fill and cannot intelligently remove distracting elements. These features are currently available on the ChatGPT web version and iOS version. The Android version already supports Express at launch, and support for Photoshop and Acrobat will be rolled out soon.