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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.
- 03:52Data: The price of USDT against the Chinese yuan on a certain exchange has dropped to 6.99ChainCatcher News, according to market data, the price of USDT against the Chinese yuan has fallen below 7 on a certain exchange, currently quoted at 6.99. In addition, the price of USDC against the Chinese yuan is currently only 6.96.
- 03:49USD/JPY rises 0.2% intraday to 155.53Jinse Finance reported that after the government bond auction, USD/JPY rose by 0.2% intraday, now quoted at 155.53.
- 03:49Uniswap founder opposes regulating DeFi developers as centralized institutionsJinse Finance reported that Uniswap founder Hayden Adams pointed out that some traditional financial institutions are pushing the US SEC to regulate decentralized protocol software developers as if they were centralized intermediaries. He mentioned that these institutions had previously raised disputes during the ConstitutionDAO auction event, and are now arguing that DeFi protocols cannot meet the "fair access" standard. Adams stated that the so-called "fair access" is being used as a reason to strengthen regulation, while open-source, peer-to-peer technology itself can lower the threshold for liquidity creation, which is fundamentally different from the traditional market maker model.