CoinDesk Markets Index Week in Review

Singapore-Based Mystiko Network’s XZK Token Falls Over 40% After Listed on Bitget, ByBit and Other Crypto Exchanges – What Happened?

Mystiko's $XZK token faced a steep decline in value following its exchange debut, despite strong initial community support and a successful funding round.

Biden Allegedly Embraces Crypto Donations: Is His Anti-Crypto Stance Finally Softening or is He Trump’s Copycat?

Sources suggest that President Biden’s re-election campaign is considering accepting crypto donations. Is Biden attempting to appeal to crypto voters like Trump, or has his previously anti-crypto stance softened?

SolChat’s $CHAT Token Plummets 90% After ATH, Can New Twitch-Like Streaming Feature Revive This Solana DApp?

SolChat offers a blockchain-based communication platform with features like encrypted messaging and wallet-to-wallet streaming. Despite its potential, its $CHAT token has dropped nearly 90% from its peak.

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EigenLayer Phase Two Airdrop Underway Amidst New Anti-Sybil Measures as Airdrop Terms Faces Criticism

EigenLayer just launched the 2nd phase of its airdrop claims and added a security feature against Sybil and DDoS attacks. However, criticisms abound since Phase One about the airdrop terms. Details for Season Two’s token distribution will be announced soon.

Saltwater Games Expands XR Gaming Frontier with Animoca Brands and Sequence

Saltwater Games, a UK-based gaming company, is making strides in Web3 with acquisitions like Nexus Labs and Maze Theory, aiming to integrate blockchain and XR tech for immersive player experiences. Their $XR Token, backed by Animoca Brands, fuels their XR One platform, set to revolutionize gaming with cross-community benefits and digital ownership.

Controversial Football Icon Ronaldinho Champions Crypto Mainstreaming Despite Dubious Crypto History

Brazilian football legend Ronaldinho recently endorsed crypto, claiming it has gone mainstream. However, blockchain detective ZachXBT highlighted Ronaldinho's questionable history in the crypto space.

Apple's AI Moves with OpenAI and Meta: Innovative or Invasive?

Apple's AI strategy shifts towards collaboration with Meta and OpenAI, aiming to enhance capabilities amid concerns over data privacy and competitive positioning in the AI market. This approach raises questions about Apple's internal AI development and the implications for user trust.

Farworld Labs Poised to Launch Farcade Platform with $1.75M Fresh Funds, Gears Up for Anticipated Q3 Releases

Farworld Labs secured $1.75 million to prepare for Q3 releases, including Farcade, a decentralised Web3 gaming platform with on-chain social media. Farworld Labs aims to revolutionise the gaming landscape and advance decentralised gaming experiences.

Solana’s Teleport App Disrupts Uber with “Drivers Earn More, Riders Pay Less”

Teleport challenges Uber and Lyft with blockchain efficiency, offering lower fees for drivers and riders alike. Built on Solana, Teleport aims to revolutionise ride-sharing with transparency and fairness in a decentralised ecosystem.