Why Edinburgh Is Zumo’s Crypto Hub

A conversation with Nick Jones, the co-founder and CEO of digital-assets infrastructure platform Zumo, on how being accepted to a blockchain accelerator and COVID-19 workplace changes influenced their choice to establish and remain in Scotland.Source

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

BlackRock CEO Larry Fink’s change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that’s categorically different from the core idea behind digital assets, and could push the industry in the wrong direction.Source

Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains

STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets.Source

Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi

A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.Source

Binance Feels Strain of World’s Regulators Leaping Into Action

Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked the latest in a pile-up of legal troubles facing the company.Source

The Real Use Case for CBDCs: Dethroning the Dollar

Central bank digital currencies will revolutionize how companies settle international trade and reduce the need for greenbacks in the world economy, says Michael Casey.Source

Threads is Libra and Meta All Over Again

With his Twitter clone’s decentralized architecture, Mark Zuckerberg is yet again borrowing from crypto’s best ideas. Third time’s the charm?Source

Collectors Are Bored of Apes and Don’t Want to Pay Royalties

This week, the floor price of the Bored Ape Yacht Club NFT collection dropped to its lowest price in nearly two years, leading to questions about the collection’s value. But floor price is just one metric used to value NFTs – experts explain that there are other important factors in assessing what an NFT is worth.Source

Polygon Labs Promotes Boiron to CEO; President Wyatt to Depart

The management changes come as Polygon, which runs two of the most closely watched networks for scaling Ethereum transactions, is in the midst of a rebrand to the next chapter of its corporate development, known as “Polygon 2.0.”Source