1. Twitter vows legal fight after Musk pulls out of $44 billion deal; 2. Biden Administration to release Bitcoin mining report in few weeks; 3. Bitcoin trading volume sinks more than $2 trillion in second quarter; 4. Voyager seeks bankruptcy protection amid crypto credit crisis. #POLICY 1. ECB to warn eurozone countries over crypto regulation; 2. Singapore's monetary Authority is considering restricting retail participation in cryptocurrencies; 3. RBI: Stablecoin risks in particular need to be monitored; 4. UK government seeks views on DeFi taxation; 5. Biden Administration to release Bitcoin mining report in few weeks; 6. South African Ministry of Finance bans pension funds from investing in cryptocurrencies; 7. Belgium regulator ponders crypto as a security; 8. Indonesia's central bank continues to implement the digital currency issuance plan; 9. UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe; 10. Crypto crash weighs on states’ plans for tax payment by bitcoin; 11. Ethics watchdog bars US government employees from writing crypto policy if invested; 12. The Russian State Duma has passed a law banning cryptocurrency as a medium of payment in Russia; 13. US Treasury publishes Framework for International Engagement on Digital Assets; 14. The United States asks several Japanese companies to stop mining operations in Russia; 15. Voyager, Celsius implosions spur expanded Texas, Alabama investigations; 16. Russia's first draft legislation on crypto regulation will be submitted to parliament this autumn. #CRYPTOCURRENCY 1. Ripple is considering adding automatic market maker capabilities to its network; 2. Cardano Testnet upgrade completed, mainnet Vasil upgrade expect to take four weeks; 3. Anthony Scaramucci: SBF bailing out BlockFi could signal crypto market bottom; 4. Vitalik Buterin slammed Bitcoin developers for attacking PoS consensus; 5. South Korean gaming giant Nexon files for "NXPC" trademark, may launch cryptocurrency; 6. Bitcoin trading volume sinks more than $2 trillion in second quarter; 7. A whale has purchased 20 trillion SHIB; 8. Ethereum developers activate the merge on Sepolia testnet; 9. Bitcoin mining difficulty decreased by 1.41% to 29.15 T; 10. Majority of Ethereum 2.0 stakers underwater as bear market continues; 11. FDIC is probing how bankrupt crypto broker Voyager marketed itself; 12. Three funds under Grayscale update the composition and proportion of crypto assets; 13. Twitter vows legal fight after Musk pulls out of $44 billion deal; 14. Russia's Sberbank executes first digital asset issue on its platform; 15. Whales have increased their holdings of more than 50,000 BTC in past month; 16. ETH total value in ETH 2.0 deposit contract just reached 13,011,525 ETH; 17. Bitcoin's Hashrate Slips Below 200 Exahash, droping 26.56% in recent 30-day; 18. Over 48 Terra projects have begun migrating to Polygon; 19. Crypto economy's decline shakes out $2 trillion in 8 months. #STABLECOIN 1. Circle's EUROC stablecoin will currently trade only within the US; 2. Circle holds 80% of their USDC reserves in US Treasury bills; 3. Aave community releases proposal to create collateral-backed stablecoin GHO. #NFT 1. Monthly NFT sales fell below $1 billion for the first time in 12 months; 2. 3AC allegedly holds a $7.3M NFT collection of Bored Ape, CryptoPunks, and others; 3. Study shows Singapore leads in NFT searches worldwide; 4. LINE rolls out Profile NFT feature to set NFT as profile picture; 5. Reddit is launching a new NFT avatar marketplace; 6. OpenSea blacklisted $27M worth of NFTs, including BAYC and MAYC; 7. Dope Ape Club Discord server has been compromised. #METAVERSE 1. South Korea's CJ ENM partner with The Sandbox to build 'K-content metaverse'; 2. HTC metaverse phones will support Ethereum and Polygon; 3. McKinsey says $120B already invested in metaverses in 2022. #DEFI 1. Lido has started the LUNA Classic de-pledge process; 2. Celsius withdrew 67,000 ETH from Aave and Compound; 3. Celsius has paid $143 million in debt since the start of Q3; 4. Voyager seeks bankruptcy protection amid crypto credit crisis; 5. Voyager announces delisting from Toronto Stock Exchange; 6. Tether discloses Celsius' loan liquidation process; 7. Celsius Network pays off $22.2 million towards its loan from Aave and Compound; 8. Celsius hires new restructuring lawyers to help navigate its options. #FUNDING 1. East Ventures new fund raises $550 million, focusig on FinTech and Web3; 2. Digital bank YAP raised $41 million with Aljazira Capital and other investors; 3. MaC VC Fund II has raised $203 million to invest in the Web3 space; 4. Blockchain agency Animoca Manufacturers raises $358M; 5. U.S. Fairfax County pension plan invests in VanEck new Finance Income Fund, LP; 6. Konvoy Ventures raises $150 million for new fund, 20% to 30% of funds will be used to invest in gamefi; 7. Early-stage Franco-German VC XAnge raises €220m; 8. Justin Sun says he's ready to spend $5B on acquisitions as crypto firms struggle; 9. Silverton Partners raises $248M Fund. #WEB3 1. GameStop intends to develop new products in digital assets and Web3.