Developer Florida Street’s seed round features Hack.vc, Foundation Capital, Dragonfly Capital, Pantera Capital, 6th Man Ventures and others. Source: https://www.coindesk.com/web3/2023/07/11/nft-lender-gondi-goes-live-raises-53m-round-led-by-hackvc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The rollup chain from ConsenSys, known as a zkEVM, joins a growing field of projects aiming to expand access to Ethereum using zero-knowledge cryptography. Source: https://www.coindesk.com/tech/2023/07/11/metamask-developer-consensys-brings-layer-2-blockchain-linea-to-ethereum-mainnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

GHO has been in the works for over a year and was issued on a testnet earlier this year. Source: https://www.coindesk.com/tech/2023/07/11/aave-dao-to-vote-on-gho-stablecoin-deployment-on-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BitOasis said it’s working closely with the Virtual Assets Regulatory Authority to fulfil the conditions. Source: https://www.coindesk.com/policy/2023/07/11/dubai-regulator-suspends-crypto-exchange-bitoasis-conditional-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain. Source: https://www.coindesk.com/markets/2023/07/11/midday-mover-bnb-sol-outperform-as-bitcoin-clings-to-30k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire. Source: https://www.coindesk.com/policy/2023/07/11/uk-regulator-ramped-up-campaign-against-crypto-atms-in-may-and-june/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain. Source: …

Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post. Source: https://www.coindesk.com/business/2023/07/11/china-should-consider-yuan-backed-stablecoins-instead-of-cbdcs-circles-allaire-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month. …

The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other …