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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
23:49
The National Organization of Black Law Enforcement Executives in the United States publicly supports the Clarity Act
According to Eleanor Terrett, the National Organization of Black Law Enforcement Executives has become the first major law enforcement agency to publicly support the Clarity Act. (Cointelegraph)
23:44
Report: South Korea considers using 5 trillion KRW in additional tax revenue to promote independent AI model development
The Ministry of Science and ICT of South Korea is discussing using incremental tax revenue to purchase approximately 10,000 NVIDIA Vera Rubin GPU modules and recruit AI talent. In order to compete with global models, the Ministry of Science and ICT is considering allocating around 10,000 GPUs to a single team to build cutting-edge AI models, instead of dividing the resources among multiple R&D institutions.
23:39
Senator Cynthia Lummis Supports Passing the Clarity Act to Keep the US Technologically Ahead
US Senator Cynthia Lummis stated that digital assets are the next technological revolution and supports the passage of the Clarity Act to maintain the United States' technological leadership. (Cointelegraph)
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