Stacks Network’s STX Token Jumps 50% While Bitcoin Struggles Amid Seesawing Fed Rate-Hike Bets

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In July, Dorsey mentioned Square would launch a platform for builders to create “decentralized finance” tasks constructed on bitcoin. At Twitter, Dorsey spearheaded Bluesky – a undertaking aimed toward turning the social media firm right into a decentralized protocol. According to Platformer’s Casey Newton, Twitter’s new CEO, Parag Agarwal, has been amongst executives most targeted on cryptocurrencies and central to chasing Dorsey’s goals.