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Another insanely wild week for the U.S. presidential race as this week, Biden announces via X he will not seek reelection. Crypto volatility has increased significantly as election gets closer. Plus:

Messari CEO steps down; Bitcoin ETFs see net inflow records last week; South Korea regulatory framework is set in place; WazirX exchange sets 10% bounty from 9 figure hack; and spot ETH ETFs begin trading tomorrow! Keep on Scrolling for more ⛓

• Messari CEO steps down after controversial social media posts (TD)

• After announcing consideration of JP Morgan’s Jamie Dimon, Trump is also considering BlackRock’s Larry Fink for U.S. Treasury Secretary (BiC)

• State Street considering several blockchain based projects (P)

• Telegram to launch mini-app store with support for web3 pages (DH)

• U.S. Bitcoin spot ETFs see new net inflow record of $17B (CT)

• U.S. election news continues to drive major volatility for crypto (CN)

• Owlto Finance raises funds at $150M valuation (TD)

• Bitrue Ventures launches web3 focuses $40M investment fund (CT)

• Ex-Coinbase team raises $21M for web3 gaming infrastructure startup, NPC Labs (BLOCK)

• Etherefuse tokenization startup secures $3M funding at $12.5M valuation (BLOCK)

• Bima Labs raises $2.25M for Bitcoin-backed stablecoins (FSME)

• July 15 crypto VC roundup (CN)

• Cypher Capital and many other top investors back Satoshi Protocol with $2M funding (FSME)

• Angel investor & businessman Naval says ‘crypto VCs are unnecessary’, although has angel investments in crypto startups

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• South Korea inaugural crypto law goes into full effect (TB)

• Democrats may have the opportunity for a ‘crypto reset’ on regulation with Biden not running for reelection (TS)

• Paraguay miners ask for electricity price increase reconsideration as 70% would be driven out of business (CT)

• Hong Kong to launch Asia’s first inverse BTC ETF (CT)

• Blockchain developer discusses the implications of overregulation for crypto & blockchain (NB)

• Scroll halts chain finalization after $7M exploit (TD)

• LiFi had a $11.6M exploit on mainnet (LIFI)

• Minterest had a $1.4M exploit on Matle L2 (M)

• Rho Markets informs users that they have recovered $7.6M of compromised funds by complying with exploiters demands (DT)

• WazirX offering a 10% bounty on the $230M exploit from last week (BLOCK)

• CBOE confirms 5 Spot ETH ETFs to begin trading tomorrow, July 23 (WG)

• Ethereum faces potential selling pressure after trading of ETFs tomorrow (BLOCK)

• Ether.Fi releases season 2 of ETHFI token airdrop (TD)

• Greyscale drops ETH mini fees to 0.15% (CS)

• Ethereum whales are buying more ETH (UT)

• Global events pop-up ahead of Ethereum’s 10-year ICO anniversary (CT)

• Crypto investor ordered to repay $1.9M taken from failed company (FT)

• Italy participates in $25M digital bond issuance on Polygon (CD)

• Winklevoss twins donate $1M to Senator Warren rival John Deaton (TB)

• Polygon to migrate MATIC tokens to POL in September upgrade (DT)

• Visa and Wirex partner on Digital currency use in Europe (P)

• ApeCoin DAO votes on $3.6M hotel to be built in Bangkok (BiC)

• Memecoin $KAMA hits new all-time highs as Joe Biden steps down from his candidacy in 2024 election (@CryptoXComm)

• Polymarket user loses $2M following Biden’s exit from Presidential race (BLOCK)

• Are BTC miners moving to AI? (Q)

• What is pay-to-extract? (NFTP)

• Why crypto is backing Trump (Y)

• What is currently known about Kamala’s views on crypto (CT)

• Blockchains’ advantage from CrowdStrike IT shutdown (CT)

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