Standard Chartered, Animoca, and Three Others Join HKMA’s Stablecoin Sandbox as Participants In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.

Indian Crypto Exchange Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.

Biden Dropout Chances Rise to 68% After Covid Diagnosis President Joe Biden said during an interview that if a medical condition emerged, he’d consider dropping out of the race.

Mt. Gox Creditors Reportedly Hit By Failed Login Attempts Amid Repayments Users claim to have received as many as 22 login attempts from the Mt. Gox portal, ones that they did not initiate.

Crypto Exchange WazirX Sees $230M in Suspicious Withdrawals, Largely $100M in SHIB Token

Polygon Sets September Date for Migration to POL Token from MATIC The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks.

Profit-Making Crypto Address Makes $16M Investment in BTC

In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms Spot ether exchange-traded fund (ETF) issuers have submitted their final documents needed in order to launch the funds next week.

TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.

Why We Chose Sui Over Solana for Our DePIN When Chirp – a DePIN for telecoms – was choosing a blockchain, the obvious option was Solana. But it decided to go with Sui instead. CEO Tim Kravchunovsky explains why.

The Protocol: Polymarket Feeds Political Junkies, With Nate Silver In this week’s issue of CoinDesk’s blockchain tech newsletter, we look at the “alternative news source” that Polymarket’s prediction-betting site has become.

Vitalik Buterin Argues Against Supporting Political Candidates Based Only On ‘Pro-Crypto’ Stances

Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific The license permits the holder to provide trust and corporate services in the region.

Bitcoin’s ‘OP_CAT’ Possibilities Teased in StarkWare Test Project StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending “OP_CAT” technical proposal to get adopted.

Philanthropy’s Blockchain Uptake Is Slow, But Future Is Bright Adoption by non-profits, or the lack of it, is a good test of product simplicity and reliability, says Paul Brody, head of blockchain at EY.

Without High Switching Costs, Telecom Looks Vulnerable to DeWi High switching costs and long-term contracts have previously made telcos impossible to compete against. Key changes in market structure today are allowing challengers with unique crowdsourced supply to challenge them, says EV3’s Mahesh Ramakrishnan.

Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.

Protocol Village: IoTeX ‘DePIN Infrastructure Modules’ to Reduce Development Time The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.

Financial Building-Blocks: Structured Products and Blockchain From significant cost reductions to enhanced composability, and improved accessibility, Christine Cai, Co-Founder of Cicada Partners, and Alexander Szul, CEO of Rome Blockchain Labs, argue the technology can revolutionize the way structured products are issued, managed and distributed.

‘It’s a Bitcoin Play’: Mark Cuban Says Silicon Valley’s Embrace of Trump Revolves Around Crypto