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Friday’s crypto rally defied past days’ correlation with U.S equities, which continued their losing streak.

Cryptocurrency exchange BitForex said it will open for withdrawals following a five-month outage spurred by an investigation by the Jiangsu Province police in China.

“This week was the first week in 6.5 years that my politics and rhetoric put the team in harms way,” he wrote. “As such, I have decided to step aside as CEO.”

Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission’s case against Binance after publishing her ruling on Binance’s motion to dismiss the SEC lawsuit.

The dispute centers around multisig wallets.

The CoinDesk 20 Index saw a 1% increase, driven by strong performances from SOL and APT.

Indian crypto exchange WazirX has filed a police complaint, it said on X, and it has also reported the incident to the Indian Computer Emergency Response Team (CERT-In).

The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

By acquiring substantially all the assets of the blockchain node operator, the publicly traded Galaxy Digital will increase its role in Ethereum staking, as part of a broader effort to expand in the business of blockchain infrastructure.

Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.

XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged.

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The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative.

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Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.

Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It’s paying off, at least in their stock prices.

CoinDesk’s Jennifer Sanasie interviewed SkyBridge Capital founder Anthony Scaramucci for CoinDesk TV’s “Spotlight Series.” Here is the full transcript of the interview.

As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped.

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DePIN and Machine RWAs give us a stake in the robots coming after our jobs, say Mauricio Zolliker, co-founder of XMAQUINA, and Leroy Hofer, CEO and co-founder of Teneo Protocol.

Kelly Ye looks at the three fast-growing blockchain ecosystems that are addressing the adoption challenges for Web3, gaining user adoption, and how they combine the strengths of Web2 and Web3 to create a seamless Web2-like onboarding experience while providing users with the benefits of sovereign ownership in Web3.

One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”

Chainbase’s aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.

Leading overnight gains are SOL with a 2.5% increase and ETH up by 1.3%.

In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Payment giant Visa’s blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked back up in 2024.