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Safary Co-Founder on Web3 Growth Landscape

Safary Club is out with a recent report exploring the state of Web3 growth startups. The data reveals more than $600 million has been raised across 71 companies. Safary co-founder Justin Vogel discusses the key takeaways, along with his outlook on whether Web3 is getting its marketing right.

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Parrot Finance Starting PRT Token Buyback Next Week

DeFi protocol Parrot Finance is moving forward with an activist investor-led plan to phase out its governance token (PRT) and will begin redemptions on Monday. Parrot’s redemption program comes two years into the project’s unremarkable run on the Solana blockchain, where it has failed to catch fire despite raising over $90 million from investors. "The Hash" panel discusses what this suggests about the fate of the Parrot protocol and the state of DeFi at large.

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Rep. George Santos Reportedly Involved Crypto in Nigerian Prince-Like Scheme

George Santos, a first-term member of the House of Representatives, appears to be involved in a crypto-centric version of the classic Nigerian prince email scam geared toward a campaign donor, according to the New York Times. Santos is under indictment for thirteen felonies, including allegedly embezzling contributions from supporters. A request for comment sent to Santos' lawyer about the report was not immediately returned.

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Hype Over AI-Related Tokens Appears to be Wearing Off: Kaiko

Kaiko data reveals that AI-related cryptocurrency tokens, including Fetch.ai and Singularity Net, recently saw their lowest trading volumes since January, following a buzzy launch of ChatGPT that stimulated investor interest earlier this year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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CyberKongz Moves to Sky Mavis' Ronin Blockchain for Genkai Collection

Sky Mavis, the Vietnam-based firm behind breakout play-to-earn title Axie Infinity, has announced a partnership with the CyberKongz non-fungible token (NFT) project to introduce the Genkai collection to the Ronin blockchain for the first time. Forkast Lab’s NFT strategist Yehudah Petscher speaks to Kathleen Osgood from Sky Mavis and CyberKongz's Henry the Grape about this partnership.

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Long-Awaited U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

House lawmakers cleared a long-awaited stablecoin legislation for the next step in its route through Congress late Thursday night. This comes as three other key bills were advanced. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the latest developments.

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Eco App CEO on Launching 'Cash-Like' Crypto Wallet 'Beam'

Coinbase and a16z-backed crypto wallet Beam went live Thursday. Andy Bromberg, CEO of the Eco app and contributor to the Eco protocol, discusses the launch and how Beam offers a more "cash-like" experience compared to other digital wallets.

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Bitcoin Steady Above $29K as Bank of Japan Makes Yield Curve Control More Flexible

Bitcoin (BTC) held above $29,000 early Friday, while Japanese and U.S. government bond yields rose after the Bank of Japan (BOJ) maintained low-interest rates, but announced a slight hawkish tweak to its liquidity-boosting bond-buying program called yield curve control (YCC). Bitwise Asset Management President Teddy Fusaro shares his crypto markets analysis.

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Ripple Exec on Palau Stablecoin Trial on XRP Ledger, SEC Case Ruling

Ripple vice president of central bank engagements and CBDCs James Wallis joins "First Mover" to discuss his insights into the country of Palau leveraging Ripple's CBDC platform and starting a stablecoin trial on the XRP Ledger. Wallis also weighs in on Ripple Labs scoring a partial win against the SEC earlier this month after a judge ruled the sale of Ripple's XRP tokens on exchanges and through algorithms did not constitute investment contracts.

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Worldcoin Tokenomics in Focus

The highly anticipated project co-founded by OpenAI's Sam Altman launched its WLD token earlier this week. "First Mover" co-host and The Tie's Director of Content Lawrence Lewitinn takes a closer look at Worldcoin's token performance since going live, along with its token allocation.

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