Senator Tim Scott and Republican Support for Cryptocurrencies

U.S. Senator Tim Scott (R-SC), the leading Republican on the Senate Banking Committee, stated at Bitcoin 2024 that the government should “make it easier” for cryptocurrency innovation in the U.S. Such a statement is becoming increasingly typical among Republicans; however, Scott had been relatively silent on cryptocurrency issues until now.

Speaking at Bitcoin 2024 in Nashville, Tennessee, Scott emphasized the merits of digital assets and expressed hope for further development of the cryptocurrency sector in the U.S. If Republicans gain a majority in the Senate in the upcoming elections, Scott could become the chair of the committee that regulates…

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Real World Assets (RWA)

What are RWAs?

Real World Assets (RWA) is a term that refers to the market of real-world assets issued as tokens on the blockchain. RWAs include real estate, ownership rights, artworks, jewelry, metals, and traditional financial instruments in capital markets. The concept involves tokenizing existing assets to transfer their value into decentralized financial applications, reduce costs, and increase the efficiency of asset management in traditional markets.

What falls under RWAs?

The RWA market is still in its early stages but has already segmented into various categories of projects related to tokenized real-world assets.

1. Centralized Stablecoins: Popular coins…

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Stablecoin Supply

The launch of PayPal’s stablecoin took place on August 8, 2023. Although initially, PYUSD did not make a significant impression, its supply recently exceeded $500 million.

This stablecoin was initially issued on the Ethereum blockchain and is now also available on the Solana blockchain. The market capitalization of PYUSD exceeds $598 million, but its share in transactions remains modest.

Analysts predict that this stablecoin will become more attractive to investors in the future. Currently, the monthly turnover on Solana is about $1 billion.

Researchers note a growing interest from institutional investors in PYUSD, who use it for capital transfers.

According to IntoTheBlock, over the past 7 days, the transaction volume for amounts over $100,000 has approached $500 million, indicating increased interest in PayPal’s stablecoin.

Edward Snowden on Bitcoin Privacy Issues

At the annual Bitcoin 2024 conference in Nashville, former NSA and CIA employee Edward Snowden urged American voters to remain critical and not trust politicians.

Snowden emphasized that political figures and parties have their own interests, so it is important to “cast your vote but not join the cult.”

He also expressed serious concerns about the privacy issues of the first cryptocurrency. Despite a common misconception, Bitcoin transactions are not completely anonymous and can be traced back to specific individuals.

“They know what you read, what you buy, whom you send [Bitcoin] to, whom you support politically, where…

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Apple Delays Launch of AI Features

Apple has postponed the launch of its AI features, Apple Intelligence, to October along with software updates. Bloomberg reports this, citing its sources.

The new AI-based tools will become available a few weeks after the scheduled release of iOS 18 and iPadOS 18 in September. Software developers will be able to use Apple Intelligence within the beta version of iOS 18.1 and iPadOS 18.1, which will be released this week.

This AI feature release strategy is unusual because Apple typically does not release a test version of the next update before the public release of the previous one.

On…

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‼️ Matr1x (MAX) token mining on OKX Jumpstart has begun!🔥

This means that a unique opportunity to get coins of the new project in the simplest steps is already available.

We remind you how it works:
Step 1. Transfer BTC and/or ETH tokens to your main account.
Step 2. Deposit BTC (maximum 0.3 BTC) and/or ETH (maximum 3.5 ETH) into staking in the OKX application in the Jumpstart > MAX section to participate in mining.
Step 3. Claim your tokens after mining is complete!

👉 On the last two Jumpstarts, it was possible to make 250-300 usd per account, with maximum staking.

📅 Only until 6:00 UTC August 5th

🔗 Download OKX app: https://www.okx.com/ru/download
🔗 Jumpstart event link: https://www.okx.com/ru/jumpstart/project/10115?channelid=67133486

#okx #okx-jumpstart #jumpstart #Matr1x #max

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Mempool Launches Bitcoin Transaction Acceleration Service

Mempool has introduced a new off-chain service for accelerating Bitcoin transactions through its partner mining pools. This service will be particularly useful during times of rapid fee changes.

The platform collaborates with Foundry USA Pool, MARA Pool, SBICrypto, SpiderPool, and Ocean Pool, which together account for approximately 40% of the network’s hash rate, according to the organization.

To confirm “stuck” transactions, users of Mempool Accelerator will need to pay an additional fee for mining and service.

How the Process Works:

1. Search for the transaction on mempool.space;
2. Select the acceleration option;
3. Pay with Bitcoin through the Lightning…

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Farming free MAX tokens

Matr1x (MAX) is the first project to be launched on BingX Launchpool.

To farm, we will need to stake BTC or USDT. MAX tokens will be credited according to this formula.

In general, a very clear activity that allows you to invest in assets that are idle. The farming period is not long - from July 29 to August 3.

We will receive the earned tokens 5 days after the end of the launchpool.

If you are not yet registered on the BingX exchange - an excellent reason to do it using our link and get additional bonuses and goodies.

Register - go through KYC - go to the Launchpool page - add assets to staking - farm MAX✅

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Today marks the ninth anniversary of the launch of Ethereum

On July 30, 2015, former Ethereum Foundation commercial director Stephan Tual announced the launch of the blockchain in a blog post, noting that the idea of creating a censorship-resistant “world computer” had become a reality. Over these nine years, the Ethereum network has grown into one of the leading ecosystems, and its native coin has become the second-largest cryptocurrency by market capitalization, reaching $403 billion.

Blockchain co-founder Vitalik Buterin congratulated the community on the ninth anniversary, expressing hope for a bright future: “Happy 9th anniversary, Ethereum! Looking forward to what the next decade will bring.”

Cryptocurrency exchange…

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OpenAI and the Alpha Version of the Voice Assistant

OpenAI has released an alpha version of the advanced voice mode GPT-4o for a limited group of ChatGPT Plus users. This mode will become available to all subscribers in the fall.

Alpha testers will receive notifications in the app and via email with instructions on how to use the new mode. Users will be able to communicate with ChatGPT by voice, receive instant responses, and even interrupt the AI during its speech.

In May, OpenAI introduced the latest model of the chatbot GPT-4o and announced the addition of a special Voice Mode for voice communication. The initial launch of…

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Increase in Ethereum Volatility

Ethereum is expected to experience more significant price fluctuations compared to Bitcoin, as the monthly volatility premium for “long-term” options on this asset has risen from 4% to 8%, according to QCP Capital.

Analysts favor accumulating Ethereum, the second-largest cryptocurrency by market capitalization, citing the attractiveness of prices given the rise in implied volatility.

Experts highlighted that Ethereum shows greater resilience compared to Bitcoin amid news of the US government transferring 30,000 BTC to an unknown wallet.

“After the speech by [Republican presidential candidate Donald] Trump, the ETH/BTC exchange rate increased by 5%, despite the fourth consecutive day of…

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