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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.
- 03:16RootData: IO will unlock tokens worth approximately $3.05 million in one weekAccording to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, io.net (IO) will unlock approximately 14.14 million tokens, valued at around $3.05 million, at 00:00 on December 11 (UTC+8).
- 03:16Aave passes proposal: USDS LTV reduced to 0, collateral eligibility removed, reserve factor raised to 25%The Aave community has passed a proposal to remove USDS collateral eligibility (setting LTV to 0), exclude it from e-Mode, and increase the Reserve Factor (RF) from 10% to 25%. The proposal is currently awaiting final execution of the AIP. The main reasons are the decline in USDS yield contribution, low collateral utilization rate, and potential risk exposure arising from its issuance mechanism. MakerDAO founder Rune responded by stating that the proposal misunderstands the lending methods of Stars to Sky via Spark, Grove, etc., as in fact, reasonable interest rates have been paid and settled regularly. He emphasized that if Sky significantly improves transparency and scalability in the future through Data Hub, Grove, and Sentinel Network, USDS still has the hope of returning to Aave's collateral asset list and promoting broader adoption.
- 03:02Columbus Circle Capital Corp I shareholders approve merger with ProCap BTC businessJinse Finance reported that shareholders of Columbus Circle Capital Corp I (NASDAQ: BRR) approved the business combination with bitcoin financial services company ProCap BTC on December 3, 2025. The transaction is expected to be completed on December 5, and the merged company will be renamed ProCap Financial, Inc., continuing to trade on the Nasdaq Global Market under the ticker "BRR". ProCap BTC has raised over $750 million from traditional finance and bitcoin industry investors.