Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company “xAI” to take on ChatGPT. Source: https://www.coindesk.com/markets/2023/07/12/elon-musks-new-chatgpt-competitor-boosts-ai-related-crypto-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Google Play announced a major shift in policy today, allowing developers to incorporate digital assets such as NFTs into their apps and games in the store. Companies that decide …

The new messaging feature will let any two Ethereum addresses talk to each other. Source: https://www.coindesk.com/business/2023/07/12/coinbase-gets-into-direct-messaging-for-ethereum-crypto-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans. Source: https://www.coindesk.com/web3/2023/07/12/snoop-dogg-and-a16z-back-web3-music-platform-sounds-20m-funding-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Economists had forecast sizable year-over-year declines in both headline in and core inflation for this report. Source: https://www.coindesk.com/business/2023/07/12/us-cpi-falls-to-3-in-june-core-rate-drops-to-48-both-better-than-expected/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which …

“If large stablecoins are linked to some other currency, there is a risk of dollarization,” RBI Deputy Governor Rabi Sankar has said. Source: https://www.coindesk.com/policy/2023/07/12/stablecoins-pose-existential-threat-to-policy-sovereignty-says-india-central-bank-official-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Consultations cover authorization and conflict of interest rules for crypto companies under the landmark digital assets law Source: https://www.coindesk.com/policy/2023/07/12/eus-esma-issues-first-batch-of-detailed-crypto-rules-under-mica-law/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules. Source: https://www.coindesk.com/policy/2023/07/12/south-korea-wants-companies-to-disclose-crypto-holdings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back Source: https://www.coindesk.com/policy/2023/07/12/celsius-sues-stakehound-for-failing-to-return-150m-worth-of-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines