👨🏿‍💼 Arthur Hayes has published a new essay titled "Massa", the main theses:

• If artificial intelligence rules the world, it will choose BTC as the new world currency.

• Bitcoin is a purely digital and censorship—resistant asset.

• Bitcoin is "energy money", AI is great.

• Bitcoin — can only be created by computers that consume electricity. The cost of electricity determines the value of BTC over time.

• Bitcoin will grow to $760,591.

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Multichain is hacked for $100 million on the Fantom network.

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Now you can buy NFT on Twitter through the Inspect browser extension.

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🦊 MetaMask have updated their non-custodial wallet

Among the changes:
— Updated user interface.
— Advanced options for choosing a network, a decentralized application and an account.

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NEW: 70% of BTC is either long-term savings, or lost, there is no in between.

The end result is the same 📈

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There are 200 million unique transactions registered on Uniswap.

The crypto workforce is mostly based outside the US, with 70% living elsewhere. Western countries and Eastern Europe are notable, along with a growing presence in Southeast Asia and India.

Justin Sun bought 30,000 stETH, and he currently has about 260,000 stETH 🐳

Lightning Labs has introduced tools to support the Bitcoin network in AI projects

They will facilitate the work of AI systems with blockchain and payments via the Lightning Network. The availability and speed of payments based on Bitcoin and Lightning Network is preferable for developers than traditional fiat payments. The toolkit is based on the L402 protocol and adds AI capabilities

The volume of NFT Ordinals increased from $7.18 million in the first quarter to $210.7 million in the second quarter, representing a quarterly growth of 2834%.

China may Cancel the ban on cryptocurrency and mining

In May 2021, China took tough measures against the crypt, bitcoin was trading around $58,000 and in June, the State Council of China officially banned the mining of cryptocurrencies

After the Chinese ban, bitcoin dropped by 40%.

Arbitrum DAO blocked ARB tokens for $770 million as part of the rights transfer agreement.

Grayscale has added Lido to its DeFi Fund

Both are good for a long-term portfolio.

Permanent external pressure allowed Binance to create a cohesive team, CZ says on Twitter

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This week, 9 projects (ICP, OP, WILD, GLMR, APT, BICO, BIT, NX, UNI) will unlock tokens worth more than $186 million.

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Grayscale has added Ado DAO (RDO) to its DeFi fund.

LDO now accounts for 19.04% of the fund, becoming the second largest asset after Uniswap (UNI). Grayscale continues to expand its portfolio and attracts investors' attention to liquid Lido staking.

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CertiK Alert analysts reported the hacking of the Arcadia Finance platform. The attacker stole USDC and ETH in the amount of about $458 thousand

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Coinbase Wallet has integrated encrypted messaging.

The countdown to the next halving of bitcoin has been launched

After 282 days, the subsidization of miners for the found block will decrease by 2 times, making bitcoin even more scarce

In the second quarter, the Tensor platform captured 40% of the NFT market share on Solana.

‼️ Exchanges where XRP will be listed/relisted after the court decision in the Ripple case:

— Coinbase
— Binance US
— Gemini
— Kraken
— Bitsump
— Crypto.com
— FTX 2.0

CPU vs. CPU mining

This post is a general overview of GPU and CPU mining.

It’s simple: These are two types of mining that use different parts of the computer.

CPU mining is when you use the computer’s processor (the computer’s brain) for the task. Processors are good at various thanks but not as good at the large and complex calculations that mining requires.

GPU mining is when you use the graphics card (the visual brain of the computer) for mining. GPUs are built for fast and complex calculations (mostly for gaming), which makes them more efficient for mining.

As a result, GPU mining usually generates more revenue, but the hardware is also more expensive.

Did you think it was impossible to mine on a CPU? Well, yes, you can! (although not very efficiently).