Long one of crypto’s big ideas, tokenization may finally be ready for prime-time. Wall Street is diving in, creating tokens for a range of real-world assets. One advantage: relatively …

Blockchain analytics firm Arkham Intelligence’s native token (ARKM) is trading at $0.74 with a $107 million market cap after it was issued to beta testers and Binance launchpad participants. …

Created by Web3 innovation studio Venture Punk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine. Source: https://www.coindesk.com/web3/2023/07/18/digital-art-platform-prohibition-taps-arbitrum-to-democratize-generative-art/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act in June. Source: https://www.coindesk.com/policy/2023/07/18/even-unpaid-social-media-crypto-promotions-may-breach-uk-ad-rules-financial-regulator/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto exchange is still faced with significant regulatory challenges, the report said. Source: https://www.coindesk.com/policy/2023/07/18/coinbase-earn-is-particularly-vulnerable-to-being-defined-as-a-security-berenberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg. Source: https://www.coindesk.com/policy/2023/07/18/coinbase-ceo-brian-armstrong-to-meet-house-democrats-about-crypto-legislation-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions. Source: https://www.coindesk.com/markets/2023/07/18/levered-bullish-longs-getting-liquidated-as-bitcoin-market-softens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings. Source: https://www.coindesk.com/business/2023/07/18/celsius-estate-settles-with-series-b-holders-over-proceeds-of-gk8-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock. Source: https://www.coindesk.com/markets/2023/07/18/wood-says-ark-is-taking-profits-as-it-sells-26-million-in-coin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests. Source: https://www.coindesk.com/markets/2023/07/18/first-mover-asia-bitcoin-rebounds-to-301k-after-retreating-to-june-low/?utm_medium=referral&utm_source=rss&utm_campaign=headlines