Trading activity on South Korea’s two biggest domestic crypto exchanges jumped sharply over the past 24 hours, according to data cited by @WuBlockchain from CoinGecko. Upbit, the country’s largest crypto exchange, recorded about $4.23 billion in trading volume during the period, up 550.3% from the previous day. Bithumb, South Korea’s second-largest exchange, posted roughly $785 million in volume, marking a 324.4% increase over the same comparison period. The figures point to a clear pickup in activity across the South Korean crypto market. Because Upbit and Bithumb are the main local trading venues, changes in their trading volumes are often tracked as a gauge of sentiment among retail investors in the country. The update did not provide a breakdown by token or trading pair, but the scale of the move showed a broad rise in market participation within the latest 24-hour window.

New Hampshire Gov. Kelly Ayotte signed HB 639 into law last week, putting in place what the measure calls the “Blockchain Basic Laws.” The law is designed to protect cryptocurrency innovation and use in the state, and it also allows a special blockchain docket to be created in the superior court for related disputes. The move adds to a broader set of crypto-related policy actions in New Hampshire. Last year, the state passed a strategic Bitcoin reserve law that allows the state treasurer to invest as much as 5% of public funds in Bitcoin as well as precious metals including gold and silver. Separately, the state’s Executive Council last week rejected a proposal that would have allowed the New Hampshire Business Finance Authority to advance Bitcoin-backed municipal bonds. The update was reported by Odaily, citing Decrypt for part of the legislative development.

Cap, a Franklin Templeton-backed stablecoin protocol, has reduced its promised Stabledrop user reward to $4.2 million from roughly $12 million, prompting a public apology from founder Benjamin Sarquis Peillard. The project said the payout will be funded entirely by proceeds from its June token sale, which raised $4.2 million after Cap sold 5% of token supply at a $75 million floor, far below the earlier assumption of a $250 million valuation and a 10% sale. The revised distribution now applies only to certain Frontier users who bought Pendle yield tokens without holding the matching principal tokens, while cUSD holders and Pendle liquidity providers are excluded. Sarquis Peillard also rejected accusations that he routed rewards to a wallet tied to his former employer, saying the address belongs to a former colleague and received no QiDao treasury funding beyond gas fees. CAP has fallen about 20% over the past week, while Cap’s total value locked dropped to about $230 million from a July 8 peak of $262 million, according to DefiLlama.

ChainCatcher, citing Jin10, reported that Iran's Revolutionary Guard shot down a U.S. MQ-1 drone in the Strait of Hormuz. The brief did not provide additional details on the timing of the incident, the exact location within the strait, or any follow-up response. No further information was included in the source text beyond the reported downing of the aircraft and the parties involved. As provided, the item remains a short breaking update rather than a full report.

Onchain Lens said Alameda Research FTX transferred about 201,000 SOL to BitGo custody through multiple transactions completed within minutes. The tokens were valued at about $15.14 million at the time cited in the alert. According to the monitoring update, the funds were then distributed across multiple BitGo custody addresses. The report did not provide additional context beyond the transfer path and estimated value.

Onchain data tracked by Onchain Lens shows Alameda Research FTX transferred about 201,000 SOL to BitGo custody through multiple transactions completed within minutes. The tokens were valued at roughly $15.14 million at the time of the transfers. According to the monitoring update, the funds were then distributed across several BitGo custody addresses. The transfer was reported by Odaily as a whale movement item. No additional details on the purpose of the transactions were disclosed in the source update.

Major U.S. stock indexes ended lower, with the Dow Jones Industrial Average slipping 0.26%, the S&P 500 falling 0.79%, and the Nasdaq dropping 1.55%, according to Techub News. For July, the Dow was still up 0.37% and the S&P 500 gained 0.43%, while the Nasdaq was down 0.64% for the month. Gold- and silver-linked stocks also posted broad losses. Barrick Gold fell 3.50%, iShares Silver Trust dropped 3.32%, First Majestic Silver lost 3.19%, VanEck Gold Miners ETF declined 2.85%, SPDR Gold Shares fell 2.60%, Coeur Mining lost 2.35%, and Newmont slipped 2.30%. Crypto-related equities were mostly lower as well. Cipher Mining posted the steepest decline in the group, down 9.16%. Circle fell 4.77%, CleanSpark lost 3.81%, Riot Platforms dropped 3.70%, MARA Holdings fell 3.25%, Hut 8 declined 2.98%, Bit Brother lost 2.96%, Strategy fell 2.68%, Bitmine dropped 2.44%, and Coinbase slipped 1.07%.

U.S. equities finished lower on July 13, according to market data cited by ChainCatcher from Gate. The Dow Jones Industrial Average fell 138.25 points, or 0.26%, to close at 52,498.76. The S&P 500 declined 59.61 points, or 0.79%, ending the session at 7,515.78. The Nasdaq Composite posted the steepest loss among the three major indexes, dropping 408.43 points, or 1.55%, to 25,873.18. The figures cover the closing performance of the three benchmark U.S. stock indexes for the day and do not include any additional market commentary beyond the quoted data.