Odaily Planet Daily News According to the monitoring of crypto analyst Ember @EmberCN, a giant whale address received 7,487 ETH (worth $28.15 million) from Cumberland 4 hours ago, and then used ETH for collateral, borrowed 7.5 million USDT on Aave and leveraged to buy 1,989 ETH. In the past 5 days, the giant whale has bought a total of 32,953 ETH (worth about $117 million) at an average purchase price of $3,552. This includes 11,003 ETH from Cumberland (worth $40.53 million) and 21,950 ETH purchased through on-chain expenditures of $76.54 million. The address currently holds a total of about 56,000 ETH, with a total value of about $211 million.

Odaily Planet Daily News According to OnchainLens monitoring, a whale address (0x8c08...f364) sold 8,005 ETH at an average price of $3,751, with a transaction amount of about $30 million and a profit of about $9.85 million. The address currently still holds 1,577.54 ETH, which is worth about $5.94 million at the current price.

Odaily Planet Daily News Bittensor Ecosystem Company xTAO announced that it will be listed on the Canadian TSX Venture Exchange (TSXV) on July 23, with the stock code XTAO.U. The company has previously completed $22.8 million in financing, with investors including Digital Currency Group, Animoca Brands, Arca, Borderless Capital and FalconX. xTAO said that the company will be committed to promoting the development of the Bittensor network, focusing on building core products such as data, computing power and machine learning models, and connecting users and enterprises through validator nodes. The company's founder Karia Samaroo founded WonderFi and served as CEO before the platform was acquired by Robinhood for $180 million. Samaroo said that Bittensor is becoming the "Bitcoin in the field of AI", and xTAO will seize its ecological growth opportunities by operating validators and using TAO as a treasury asset. (The Block)

Odaily Planet Daily News Nasdaq-listed Bit Origin (stock code: BTOG) announced that it has completed its first purchase of Dogecoin, totaling 40,543,745 DOGE, with an average purchase price of approximately $0.2466 and a total amount of approximately $10 million. The purchase was less than a week after it announced the establishment of an enterprise-level DOGE vault. Bit Origin said it has obtained up to $500 million in equity and debt financing to advance the Dogecoin vault strategy. The company believes that the current market environment is conducive to the evolution of Dogecoin towards decentralized finance, and pointed out that DOGE has good liquidity and recognition worldwide. Bit Origin joins Neptune Digital Assets, Dogecoin Cash Inc. and other companies in exploring Dogecoin investment strategies. The company's CEO, Jinghai Jiang, said that with its experience in mining, the company is optimistic about the potential of Dogecoin in small payment scenarios and believes that it is approaching a critical turning point, which is due to the increase in developer activity and the increase in institutional interest in tokenization. (The Block)

Odaily Planet Daily News According to Eleanor Terrett, a cryptographic reporter, the White House's first encryption policy report will be officially submitted on July 22 (local time) and is expected to be released to the public before the end of this month. White House officials have confirmed the relevant schedule.

xTAO aims to contribute to Bittensor's ecosystem by fostering the development of valuable products such as machine learning models. source: https://www.theblock.co/post/363317/xtao-bittensor?utm_source=rss&utm_medium=rss

Odaily Planet Daily News Official data shows that the download volume of GameFi project VAMEON has exceeded 2.5 million times. It is reported that dEmpire of Vampire has the characteristics of high-quality visual effects and rich background stories. VON tokens include staking, NFT, upgrades, rewards and governance functions. The current CoinMarketCap ranking is about 1400, and the highest market value ranking is about 250.

Odaily Planet Daily News: Nasdaq-listed media and entertainment company GameSquare (stock code: GAME) announced that it will increase its digital asset treasury management authorization from $100 million to $250 million, and increase its holdings of 8,351 ETH at an average price of $3,592, with an increase of approximately $30 million. The current total ETH holdings are 10,170.74. As part of the new treasury plan, GameSquare's board of directors approved a $10 million NFT income strategy and established a strategic partnership with Ryan Zurrer of Dialectic and Rhydon of Goff Capital. The company said it will focus on allocating high-quality Ethereum ecological assets, aiming to achieve a 6%-10% stablecoin income. GameSquare CEO Justin Kenna said the company is one of the first listed companies to incorporate NFT into its diversified digital asset strategy. Earlier this month, the company's stock price rose sharply after the board of directors approved a $100 million ETH treasury plan, and last week it completed a $70 million public fundraising to increase its ETH holdings. (The Block)

White House cryptocurrency policy report set for end-of-month release, impacting Bitcoin regulations and market dynamics. source: https://coincu.com/350002-white-house-cryptocurrency-policy-report

Odaily Planet Daily News FTX liquidation team has submitted an extension application to the Delaware court, intending to gain more time to respond to more than 90 creditor objections to its freezing of $470 million in cross-border repayment plans. The plan proposes to list 49 jurisdictions, including China, as "restricted areas" and suspend compensation payments to relevant creditors. FTX said the move is aimed at avoiding potential legal risks, especially the criminal liability that executives may face. Currently, Chinese creditors account for 82% of the claims (about $380 million). However, the plan has been strongly opposed. Weiwei Ji, a representative of Chinese creditors, said that hundreds of investors have been organized to collectively defend their rights. Another creditor, Sunil Kavuri, revealed that there are still about $1.4 billion in claims pending. The relevant hearing will be held on Tuesday this week. (Cointelegraph)

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