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The LayerZero-Stargate deal dissolves the DAO and converts all STG tokens into ZRO, consolidating both platforms under one governance framework.
XRP price trades near $3.03, with whales adding $758 million worth of tokens. A breakout above $3.29 remains critical for triggering the next rally.
Share link:In this post: Powell may cut interest rates in September because the economy is slowing, but he’s being cautious to avoid looking like he’s giving in to Trump. Trump wants big rate cuts to help with government debt, but Fed officials, like Beth Hammack, say inflation is still too high. Trump is pressuring Fed leadership, threatening to fire Lisa Cook and nominating Stephen Miran to the Fed board after a recent vacancy.
Share link:In this post: SpaceX is preparing to launch Starship from South Texas on August 24 after recent failures in flight and ground tests. NASA is relying on Starship for its Artemis moon program with a $4 billion contract and a 2027 deadline. The rocket stands nearly 400 feet tall with 33 booster engines and will attempt controlled splashdowns in the Gulf of Mexico and Indian Ocean.
Share link:In this post: Trump fired BLS head Erika McEntarfer and claimed July’s jobs report was rigged without proof. Wall Street investors are shifting away from BLS data and relying more on private sources. Experts like Philip Petursson and Michael O’Rourke no longer trust BLS numbers fully.
Share link:In this post: A Fed paper says the US can hit 250% debt-to-GDP without spiking interest rates—if demand holds up. Interest payments already hit $1.2 trillion, and will hit $1.4 trillion in 2026 unless yields fall. The Fed plans to cut rates soon, blaming rising unemployment despite inflation still climbing.
- 05:29Web3 insurance technology startup Takadao completes $1.5 million seed round with participation from Hasan VC and othersChainCatcher News: Saudi Arabia-based Web3 insurtech startup Takadao has announced the completion of a $1.5 million seed round, with participation from Hasan VC, Syla Invest, Wahed Ventures, Ice Blue Fund, Istari Ventures, and Adverse. To date, its total funding has reached $3.1 million. The new funds are intended to support the development of life insurance payouts and investment returns in the form of stablecoins, as well as to expand into markets such as Southeast Asia and the United States.
- 05:23Vitalik discusses the relationship between Ethereum and Wall Street: They are Ethereum users, while we are professional usersOn November 20, Bankless co-founder @RyanSAdams shared a clip of an interview with Vitalik on X. In the interview, the host asked, "How do you view the relationship between Ethereum and Wall Street?" Vitalik responded, "Wall Street, I think of them as users. In Ethereum, we are 'pro-users'." In a speech yesterday, Vitalik also warned that if institutional ETH holdings continue to grow, Ethereum will face two major threats: the loss of developers and being forced into certain technical directions.
- 05:23A newly created wallet has received 1,300 BTC from the BitGo platform in the past 6 hours.According to Jinse Finance, Lookonchain monitoring shows that in the past 6 hours, a newly created wallet (address identifier: 3AXFhi) received 1,300 bitcoin from the BitGo platform, valued at approximately $120.6 million at current prices.