On-Device Proofs Solve DePIN Verification Challenges

Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.Source

As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks

Former President Donald Trump heaped more praise on the “very, very smart people” of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin {{BTC}} could aid in addressing the $35 trillion U.S. national debt. Though Vice President Kamala Harris, his presumptive Democratic opponent in the presidential race, hasn’t yet made any policy statements about her own view on cryptocurrency, one of her campaign accounts on X – the “rapid response” campaign effort – seemed to slam Trump’s view by airing his comments.Source

How DePINs Address AI’s GPU Gap and Ethics Problems

The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.Source

Coinbase’s ‘Solid’ Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say

The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.Source

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High

The broker raised its year-end price target for the software company to $2,150 from $1,875.Source

France Opens for MiCA Applications, First Among Biggest EU Economies

France’s Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.Source

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.Source

Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC

The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.Source

Make America Mine Again: How Donald Trump’s Plan for U.S. Bitcoin Dominance Could Trigger a New Digital Gold Rush

The U.S.’s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90% of the global market.Source

CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading

The CoinDesk 20 gains 1.2% overnight with BCH up 3.0% and ETC up 2.5%.Source