Kamala Harris’ Odds of Winning Democratic Nomination Surge on Polymarket The vice president

Welcome to DePIN Summer Decentralized Physical Infrastructure Networks (DePIN) are flourishing across multiple businesses, creating an “economy of things,” where value is shared across all participants. Scott Foo, founder of DePIN Daily, digs in.

DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convince a judge to toss out New York Attorney General (NYAG) Letitia James’ civil fraud suit against them.

Crypto Exchange Kraken Is Considering Going Nuclear Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.

Binance Executive’s Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds On Tuesday the cross-examination of the first witness from Nigeria’s Securities and Exchange Commission was completed.

Investors Added Money to Bitcoin ETFs Even as Bitcoin Slipped 7% in June Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%.

Astar Network to Burn 350M ASTR, 5% of Total Supply Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote.

CoinDesk 20 Performance Update: ADA and XRP Lead Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher.

Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M Lombard is partnering with staking startup Babylon to let users earn interest for “restaking” with Bitcoin – using the asset to secure other crypto networks.

Pi Squared, Building ‘Universal ZK Circuit’, Raises $12.5M The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI.

RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M The fresh round of capital will go towards hiring new team members, according to a press release.

Ironblocks’ ‘Venn’ Network Aims to Keep Malicious Transactions From Ever Hitting Blockchains The Israeli firm’s Venn security network uses a network of operators to seek out and freeze suspect transactions before they execute.

Pump.Fun Overtakes Ethereum With $2M in Daily Revenue to Take No. 1 Position Celebrity-inspired meme coins have spurred a surge in revenue for token launchpad Pump.fun over the past 24 hours.

Decentralized Science: A Better Way to Fund and Grow Breakthrough Ideas Imagine if the next blockbuster medication could be funded through a decentralized, transparent process? This would not only democratize the funding of critical research, but also ensure that rewards and recognition are fairly distributed among all contributors, says Azeem Khan.

Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday.

First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows The latest price moves in bitcoin (BTC) and crypto markets in context for July 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said

These Hot Crypto Tokens Beat Bitcoin Gains in Q2. Here’s What Drove Prices and What’s Next

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody The Monetary Authority of Singapore released its stablecoin framework last year.

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows.