Cointelegraph

⁠Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50% On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there's a catch.

⁠1inch Foundation launches $3M grants program for DeFi developers The grants program will be distributed to developers over the next 12 months via 1INCH tokens.

⁠Bitcoin price tumbles to 'final support' as trader warns of $24K BTC price target A failure to retain $31,000 would mean that $29,000 and then $24,000 are on the menu, says Michaël van de Poppe.

⁠Australian digital finance industry wants to legally recognize DAOs A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools.

⁠China’s crypto industry is gone? Beijing’s crackdown keeps sending shockwaves The Chinese government’s ongoing crusade against cryptocurrencies might have dramatic consequences for both domestic and global crypto trader…

⁠UK FCA will spend £11M to warn people about investing in crypto U.K. financial regulators have announced an 11 million pound digital marketing war chest to warn people about the dangers of crypto investments.

⁠Kenyan electoral commission nominee clamors for blockchain voting One electoral commission aspirant in Kenya has said the country should consider adopting blockchain-based voting.

⁠China’s Bitcoin hash power fell before the crackdown: Cambridge data Cambridge research shows that China’s Bitcoin mining power fell by 40% before the crackdown, while the United States’ hash power has quadrupled.

⁠'It's fine' to buy Bitcoin as gold substitute, says Trump ex-Treasury Secretary Mnuchin What seems to be a full reversal on a previously hostile Bitcoin stance is tempered by Mnuchin, who added that he still wouldn't be…

⁠Bitcoin network node count sets new all-time high Bitcoin’s node count has achieved another all-time high milestone with almost half of the nodes running on Tor.

⁠Italian finance regulator issues warning on Binance crypto exchange Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country.

⁠Softbank leads $800M investment for banking app Revolut Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely.

⁠Bitcoin may have played a role in Tesla's decorrelation from Big Tech The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week.

⁠Indian high court seeks ad disclaimers from crypto exchanges India’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV.

⁠New data hints why Bitcoin price action has spent two months at $30K Multiple factors demonstrate why $30K is so important for for BTC/USD within an ongoing price "supercycle."

⁠Bondly Finance urges users to stop trading following alleged exploit The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party.

⁠NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year Illuvium co-founder Kieran Warwick has sold a virtual land plot in Axie Infinity for $28,000 after purchasing it last year for $300.

⁠Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion.

⁠DOGE attack: Co-founder slams crypto as 'right-wing hyper-capitalist’ tech The crypto industry is controlled by a “powerful cartel of wealthy figures” according to Jackson Palmer.

⁠'DeFi Education Fund' defends controversial $10.2M UNI liquidation The DeFi Education Fund has defended its shock liquidation of $10 million in UNI, claiming the move was necessary to “begin its work and fund future ope…

⁠NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’ Saquon Barkley will use Strike to convert all of his endorsements into Bitcoin, and noted that he became interested in BTC after resear…

⁠Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear Bitfarms is producing more BTC at a lower cost due to the drop in difficulty.

⁠SEC fines Coinschedule $200K over sponsored, favorable ICO ratings The SEC asserts that Coinschedule violated anti-touting provisions of U.S. securities laws.

⁠First look: Spike Lee's TV ad for crypto touts it as new money for a diverse world Coin Cloud chose Spike Lee to direct the crypto commercial specifically for his experience in exploring social issues, and the firm note…

⁠Fed Chair says stablecoins need stricter regulation, speaks on CBDC He stated that stablecoins need stricter regulations if they are to be part of the payment universe.

⁠SEC delays decision on Wisdom Tree Bitcoin ETF The Securities and Exchange Commission has asked for comments regarding Wisdom Tree's proposed Bitcoin ETF.

⁠Dolce and Gabbana to launch of an exclusive NFT collection Dolce and Gabbana announced the first in a line of NFTs in partnership with luxury marketplace UNXD.

⁠Record low Bitcoin velocity suggests BTC may ‘move to the downside’ Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could e…

⁠Price analysis 7/14: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC Bitcoin and most major altcoins are bouncing off strong support levels, indicating possible accumulation by the bulls.

⁠Global payments brand Skrill expands crypto wallet services Skrill customers outside the United States now have access to 35 cryptocurrencies in their digital wallets. The company expanded into the U.S. in March of this…