Who Draws the Lines? The Case for Decentralized Map Making

Today, a small group of cartography companies control the world’s maps. What if there was a way of creating an open-source system where on-the-ground mappers were incentivized to participate? Hivemapper CEO Ariel Seidman outlines the argument.Source

Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.Source

U.K.’s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms

The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.Source

MegaLabs, Behind the ‘Real-Time’ Blockchain, Raises $20M, Led By Dragonfly

The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.Source

U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators

The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional right to a jury trial.Source

The Prize for Owning Web3 Distribution Is Enormous. Here’s Why It Won’t Go to Big Tech

Ten years from now, decentralized organizations will be the new leading class, with the FAANGs of the world as specialized service providers. Who will lead distribution is even more intriguing, says Alex Felix, Co-Founder and Chief Investment Officer of CoinFund.Source

DePIN Is the Sharing Economy 2.0

Daniel Andrade, co-founder of Hotspotty, was deep in the DePIN space before it had a name. More than an incremental innovation for crypto, he sees it as a fundamental shift in how we manage everything from wireless networks to energy grids.Source

Every DePIN Has a Story

Sean Carey, the co-founder of Helium, says decentralized physical infrastructure (DePIN) can solve real problems while rewarding users. This is what he expects to see in the future.Source

Crypto for Advisors: Decoding the Ether ETF Filings

For fans of crypto, ETFs, or both, the potential spot ether ETF launch has carried on the excitement that began earlier this year with the spot bitcoin ETF launch.Source

Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests

A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would shed light on the regulators’ views on cryptocurrencies.Source