Golden Morning News | Overview of Important Overnight Developments on August 7

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[Golden Morning News | Important Overnight Highlights on August 7] 21:00-7:00 Keywords: OpenAI, Cosmos Health, USDC Treasury

  1. Trump advisors push for temporary Fed board appointments;
  2. The USDC Treasury has minted an additional 350 million USDC;
  3. Trump stated that he would nominate an interim Federal Reserve board member in the coming days;
  4. Cosmos Health secured $300 million in funding to launch its Ethereum financial strategy;
  5. OpenAI founder: Providing ChatGPT access to the entire federal government;
  6. Vitalik: Ethereum will eventually achieve instant transfer of native assets across L2 through L1.
  7. Federal Reserve's Daly: The labor market is slowing down, tariffs have only caused short-term effects, and the Federal Reserve will soon cut interest rates.
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