Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, suggests that Bitcoin lacks practicality, serving neither as an investment tool nor as a currency.

Signum Capital and DHVC announced their investment in Blade Games, the developer of the ZK blockchain game engine.
Web3 football fantasy game GOALAI raised $3 million in funding, led by IDG Capital.
Hyperion Decimus launched the encrypted fund HD CoinDesk Acheilus.
The Hong Kong Monetary Authority announced that China Communications Construction Bank and three other banks will serve as operators for the Hong Kong digital RMB wallet.
Art Blocks announced the launch of Ark Blocks Studio to support artists in independently releasing NFTs based on contracts.
Radiant DAO approved the integration of a new weETH market on Arbitrum and the Ethereum mainnet.
FTX Digital expects to extend the deadline for customer claim submissions until the end of July or early August.
On-chain indexing service Subsquid raised a total of $17.5 million in funding, with participation from DFG and others.
Chainalysis, a blockchain data tracking and analysis platform, completed a new round of funding with participation from Haun Ventures.
Institutional-grade cryptocurrency and digital asset platform Fireblocks completed a new round of funding with participation from Haun Ventures.