Beam wallet uses Web3Auth and account abstraction to allow for seedless accounts, stablecoin gas payments and other user experience features.
New Optimism wallet lets users receive crypto via Twitter login [cointelegraph]
cointelegraph.com
Why is Jerome Powell gaslighting us about the odds of recession? [cointelegraph]
Economic data seems to indicate an economic slowdown is inevitable. So why is Fed Chairman Jerome Powell trying to gaslight Americans?
Scammers pile on to impersonate Worldcoin on Twitter following token launch [cointelegraph]
Twitter announced its rebrand to “X” on July 24, the same day the Worldcoin token launched and provided an opportunity for scammers.
MakerDAO increases DAI yield in a bid to boost demand [cointelegraph]
The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%.
MakerDAO increases DAI yield in bid to boost demand [cointelegraph]
The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%.
Optimism transaction volumes surpass Abitrum’s for the first time in six months [cointelegraph]
Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest,” but has regained it after Worldcoin launched on July 25.
‘Pro-crypto bill’ passes out of US House Agriculture Committee [cointelegraph]
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties.
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst [cointelegraph]
Stablecoins cannot be compared to bank deposits in terms of risk, nor can they be compared to money market funds, argues a new policy paper released by Paradigm.
Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print [cointelegraph]
Bitcoin casts off a U.S. GDP “nothingburger,” but DXY charges to two-week highs in what is traditionally a BTC price headwind.
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations [cointelegraph]
Republican leadership has blamed the Biden administration for not having a “sense of urgency” on stablecoins, while the Democratic response suggested “impatience” by lawmakers.