21:00-7:00 Keywords: Paxos, Polygon Labs, a16z, Paypal The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 69%. Paxos will expand to Ethereum's Layer 2 network, Arbitra. Macro factors have pushed the correlation between Bitcoin and the S & P 500 to a 23-month high. 4. Paypal and Venmo integrate the Ethereum domain name service ENS to support crypto payments; 5. U.S. Democratic Congressman Maxine Waters criticized Trump's cryptocurrency project. 6. Polygon Labs will acquire VPU-based server systems worth $5 million; 7. Most economists expect the Federal Reserve to cut interest rates by 25 basis points in September and two more cuts this year; 8.A16z plans to hold the HACK UK Hackathon next month, which will focus on topics such as blockchain and digital identity.