Institutional DeFi players will bring commercial real estate onchain: KPMG exec
DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said.
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YieldNest launches new liquid restaking token
Stakers with Lido, Frax, Origin and Mantle can “restake” with the DeFi protocol.

Cynthia Lummis backs Ian Cain over crypto lawyer John Deaton for Senate
Pro-crypto Senator Cynthia Lummis cited Republican Ian Cain’s understanding of blockchain technology and the digital economy in his campaign to unseat Democrat Elizabeth Warren.

AssangeDAO raises $38M in donations to help free WikiLeaks founder
Donations to support Julian Assange’s fight for freedom have been pouring in over the weekend. 163 Total views 5 Total shares A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.Assange is currently fighting extradition to…

Mob Burns Down Purported Crypto Ponzi Schemer’s House in South Africa
An angry mob in Ladysmith, South Africa has reportedly torched the residence of Sphelele Mbatha, known as Sgumza, a manager of alleged crypto Ponzi scheme Bitcoin Wallet. The mob was likely a collection of victims who lost money through Bitcoin Wallet, according to the report by Ladysmith Gazette on July 10. The local police have been…

Crypto funds see $226M of inflows, but asset values slump — CoinShares
Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows. Global crypto ETPs posted $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares reported on March 31. Despite the two-week positive trend after a five-week outflow

Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token. 420 Total views 4 Total shares Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie…

Binance Wants to Open a New Local Exchange in South Korea: Report
Binance, the world’s largest crypto exchange by daily trading volume to date, is reportedly planning to set up a branch in South Korea.Malta-based crypto exchange Binance is working with local partners in South Korea to launch a new exchange in the country, Binance CEO Changpeng Zhao (CZ) revealed, according to a report by crypto media…

Polygon taps Airbnb’s director of HR to spearhead its decentralized workforce
Ethereum layer-2 scaling solution Polygon has announced the hiring of Bhumika Srivastava in a bid to consolidate its strategy and cultural ambitions for the company’s 500-employee global workforce.Serving as the head of human resources and director for employee experience at Airbnb for the past five years, Srivastava arrives with an illustrious portfolio and plethora of experience from her…