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LayerZero Seals $120 Million Stargate Takeover in Rare DAO-Approved Crypto Merger
LayerZero Seals $120 Million Stargate Takeover in Rare DAO-Approved Crypto Merger

The LayerZero-Stargate deal dissolves the DAO and converts all STG tokens into ZRO, consolidating both platforms under one governance framework.

BeInCrypto·2025/08/24 03:00
XRP Price Rally Hinges on Breaking This Key Resistance Zone
XRP Price Rally Hinges on Breaking This Key Resistance Zone

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.

BeInCrypto·2025/08/24 02:30
Powell takes on big test to cut rates without losing Fed independence
Powell takes on big test to cut rates without losing Fed independence

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.

Cryptopolitan·2025/08/24 02:15
SpaceX to launch Starship despite back-to-back losses
SpaceX to launch Starship despite back-to-back losses

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.

Cryptopolitan·2025/08/24 02:15
BLS credibility hit pushes Wall Street deeper into private data
BLS credibility hit pushes Wall Street deeper into private data

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.

Cryptopolitan·2025/08/24 02:15
US debt could hit 250% of GDP without spiking rates, Fed paper says
US debt could hit 250% of GDP without spiking rates, Fed paper says

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.

Cryptopolitan·2025/08/24 02:15
Flash
23:09
Trump Believes Musk Will Donate SpaceX Shares to 'Trump Account'
On July 3, former U.S. President Trump stated: I believe Musk will donate SpaceX (SPCX.O) shares to the 'Trump account'.
22:56
Main Force Code: A major limit order of BTC futures with a transaction amount of 114 million USD was executed on a certain exchange.
Large buy or sell orders placed by major players are displayed as horizontal lines on the K-line chart. The thicker the line, the larger the order amount; the longer the line, the longer the order duration.
22:56
On-chain perpetual futures exchange Extended completes $12.5 million strategic financing
Jinse Finance reported that on July 3, on-chain perpetual futures exchange Extended completed a $12.5 million strategic financing round, led by eToro with participation from Jump Crypto and others. Extended was founded by former Revolut employees, will launch at the end of 2024, and is built on StarkWare's StarkEx scalability engine. Zengo, founded in 2018, uses multi-party computation encryption technology to eliminate the need for mnemonic phrases, offering token swap, staking, and DApp access functions. This investment forms a strategic cooperation with Zengo, the self-custody wallet acquired by eToro earlier this year. Both parties will focus on expanding global financial market access through next-generation on-chain infrastructure and exploring the connectivity between traditional financial assets and decentralized trading environments.
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