JUST IN: Spot Ethereum ETF trading volume surpasses $1 billion on the first day.

@WatcherGuru

— 🇺🇸 NEW: The unusually large eruption of a geiser at Biscuit Basin in Yellowstone National Park, Wyoming, which contains one of the world's largest supervolcanoes

@Middle_East_Spectator

— 🇺🇸 Context: The Yellowstone Supervolcano is so large, that if it erupted, it would instantly kill approximately 90,000 people and cover 2/3 of the continental United States in volcanic ashes, leading to an apocalypse-like 'volcanic winter'

@Middle_East_Spectator

JUST IN: 🇪🇺 Ferrari to accept Bitcoin & Ethereum payments in Europe.

@WatcherGuru

Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains

Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more companies in the industry are waiting to enter the country.

https://news.bitcoin.com/paraguays-president-dismisses-complaints-about-power-fee-hikes-from-bitcoin-mining-companies-asserts-high-interest-remains/

@FelipeChannel

🇺🇸🇨🇱 Freeport McMoran plans $7.5bn investment to expand Chile copper mine

US miner Freeport McMoran plans to invest around $7.5 billion to expand its El Abra copper mine in Chile, a project expected to take seven to eight years to develop due to permitting requirements, CEO Kathleen Quirk said on Tuesday.

Freeport owns 51% of El Abra, with the remainder held by Codelco, one of the world’s biggest copper producers. The mine produced 98,400 metric tons of copper last year, according to data from state agency Cochilco.

🔎 Source
#US #Chile #resources

☠️ Blood Meridian

🇵🇦10 migrants drown in rushing river crossing Darien Gap in Panama

Ten migrants drowned trying to cross a rushing river in Panama’s Darien Gap that borders Colombia, Panamanian authorities said Wednesday.

The National Border Service said in a statement that the victims were swept away by the strong current and their bodies were later seen near the Indigenous community of Carreto.

🔎 Source
#Panama #DarienGap

☠️ Blood Meridian

JAPAN'S NIKKEI 225 STOCK AVERAGE EXTENDS DROP TO 3% ...

BREAKING NEWS: Nikkei opens down over 2% as tech issues fall after Wall St. drop

https://english.kyodonews.net/news/2024/07/92639a2e9b05-breaking-news-nikkei-opens-down-over-2-as-tech-issues-fall-after-wall-st-drop.html

🇺🇸 Swarm Wars: Pentagon holds toughest drone-defense demo to date

🔶️ Eight counter-UAS systems — wielding a mix of radars, machineguns, missiles, jammers, and more — were tested against swarms of up to 50 drones of different types attacking simultaneously from different directions and speeds.

🔶️ With drone strikes in the news from Kyiv to Tel Aviv, the Pentagon’s all-service drone defense program just held its most ambitious field demonstration yet, with up to 50 unmanned aircraft of different types converging on a single target at a time.

🔶️ “Demo Five really was our most challenging JCO demonstration to date,” said Col. Michael Parent, chief of acquisitions & resources at the Army-led JCO, the mercifully short acronym for Joint Counter-small Unmanned Aircraft System Office.

🔶️ The JCO demonstrations at Yuma Proving Ground in Arizona, first held in April 2021, take prototype systems developed by private firms and test their ability to defend against drones. This year’s especially ambitious event focused on repeated swarm attacks, although the details of the scenario were not shared with vendors beforehand. Attacking waves, coming from different altitudes and angles, also included multiple types of drones — fast jets, slower prop-driven drones, and mini-helicopters — ranging in size from under 20 pounds (Group 1 UAS) to over 1,000 (Group 3).

🔶️ Instead of being built around a single weapon, most of these offerings were “layered” defenses that combined multiple sensors to detect the drones, which often are too low, slow, and small for radar, and “effectors” to take them down.

🔶️ “No one capability, whether kinetic or non-kinetic, in itself could really just beat this kind of [attack] profile,” Parent said. “What we saw was they really do need a full system of systems approach, a layered approach.”

🔶️ Interestingly, however, none of the vendors in this demo used “directed energy” weapons, such as lasers or high-powered microwaves. (That said, an HPM weapon was tested in a spinoff event at the same time.)

https://breakingdefense.com/2024/07/swarm-wars-pentagon-holds-toughest-drone-defense-demo-to-date/