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Welcome to the 30th edition of The Daily Zap — A Daily Newspaper (Kind of 🙏). Here, you'll get links to all of the latest news and updates mostly from the last 24 hours, divided in Sections (much similar to pages on a newspaper).
Let's unfold!

~Bitcoin News of the Day

  • Ethiopia has reportedly increased its electricity allocation to Bitcoin mining to 600 megawatts, making it one of the world’s fastest-growing markets for this activity. According to Ethan Vera, co-founder and CEO of Bitcoin miner Luxor, the African country plans to add a few hundred more megawatts by the end of the year.

Global Trade & ~Econ

  • The dollar paused near a two-month high against a basket of peers on Friday, as traders digested the latest inflation and jobs data, while a rise in British economic growth could not raise the pound from one-month lows. Moves were fairly muted across major currencies, but the euro was up 0.09% at $1.10947, the pound up 0.12% at $1.3076 and the yen a fraction firmer at 148.67 per dollar.

~Politics_and_Law

  • Precise details about how the system will work are still being finalised, but it will require travellers to register their passport details and biometric information at European borders as a digital record before entry. The EES is meant to make entering and leaving EU countries more efficient by replacing the time-consuming manual checks with automated scanners. Here’s everything you need to know.

~Stacker_Sports News

  • On Sunday, West will be inducted into the Naismith Memorial Basketball Hall of Fame as a contributor, honoring his executive roles with the Lakers and Memphis Grizzlies and his consultant roles with the Golden State Warriors and the Clippers.
  • It will mark a record third entry into the Hall for him: West was inducted as a player in 1980, then as a member of the 1960 U.S. Olympic gold medal team in 2010. The ceremony will carry an undercurrent of sorrow; West died earlier this year, on June 12, at age 86.

~Tech & ~Science

  • Moments after the Royal Swedish Academy of Sciences unveiled the winners of this year’s physics Nobel, social media lit up, with several physicists arguing that the science underlying machine learning, celebrated in the awards to Geoffrey Hinton and John Hopfield, was not actually physics.

~History with Mystery

  • Topping out at 1,250 feet upon completion in 1931, before stretching to 1,454 feet with the addition of the Alford Antenna in 1965, the Empire State Building reigned as the world’s tallest skyscraper until the World Trade Center towers were erected in the early 1970s.
  • However, it wasn’t just the dizzying height that made it the “eighth wonder of the world,” it was the speed which saw the building rise from a dusty lot to the heavens in an astonishing time of one year and 45 days.

~Entertainment World

  • “The Apprentice,” a Briarcliff Entertainment release, has been rated R by the Motion Picture Association for sexual content, some graphic nudity, language, sexual assault, and drug use. Running time: 120 minutes. Two and a half stars out of four.
Thanks for reading 🙏
It's such a tragedy that Ethiopians have to wait for their inept bureaucracy to authorize bitcoin mining and expansion of the electric grid, while 95% of the electricity being generated is just wasted.
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The large portion of their population have to live in the dark is also a tragedy.
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Interesting fact about the Empire State Building. 3000 men a day working. Wow.
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I don't wanna undermine this fact but there is certainly 1 more building where more than 10k people worked daily for 22 years to build it.
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