Foresight News reported that DWF Labs tweeted, "We have become aware of recent allegations involving one of our partners, whose conduct is alleged to be improper and unacceptable. During the investigation of this matter, DWF Labs has decided to immediately remove this partner from their management and operational roles." Additionally, the individual accused of "unlawful infringement," @Eug_Ng, has deactivated their X account.

Odaily Planet Daily Report: According to informed sources, Musk's artificial intelligence startup xAI is in talks with investors for a new round of financing, with a valuation expected to reach around $40 billion. A few months ago, xAI's previous valuation was $24 billion, when it raised $6 billion in the spring. One of the informed sources said that xAI hopes to raise several billion dollars in the new round of financing. The cash raised will be included in the $40 billion valuation. Musk said on Monday that xAI plans to increase the number of graphics processing units at the Memphis data center from 100,000 to 200,000. NVIDIA CEO praised xAI's speed in establishing the data center in Memphis, calling it "the fastest supercomputer on Earth" in a recent podcast. (Jinshi)

Odaily Planet Daily Report: According to Coinglass data, the total network liquidation in the past 24 hours was $244 million, of which $200 million was short position liquidation and $43.75 million was long position liquidation. In addition, BTC liquidation reached $101 million.

Odaily Planet Daily Report According to Whale Alert monitoring, 103,069,813 DOGE were transferred from Robinhood to an unknown wallet, worth approximately $18,252,008.

According to <Arkham> monitoring data, about 23 minutes ago, 908.823 bitcoins flowed from the Coinbase Prime hot wallet address to the BlackRock Ethereum ETF (ETHA Ethereum ETF), worth $22.28 million.

According to <Arkham> monitoring, 310.319 bitcoins worth $22.28 million flowed from the Coinbase Prime hot wallet address to the Grayscale Bitcoin Trust.

Odaily Planet Daily Report According to Lookonchain monitoring, a certain trader created a new wallet yesterday to trade <MEME>, he spent 60 SOL ($ 10,400) to buy 10 million LUCE, which is now worth $ 666,000, a return of 64 times.

Odaily Planet Daily Report, according to market news, Google has stated that the Gemini model will soon be launched on GitHub Copilot, and in the coming weeks, developers using GitHub Copilot will be able to use Gemini 1.5 Pro. (Golden Ten)

Odaily Planet Daily Report: Broker Cantor has released a research report, forecasting that the computing power of bitcoin miner HIVE Digital will double next year, from the current 5.5 EH/s to 13 EH/s. Cantor has initiated coverage on HIVE's stock with an "overweight" rating and a target price of $9, while the current stock price is around $4.26, as the market has not fully reflected its potential. Furthermore, HIVE's expansion plans in the fields of artificial intelligence (AI) and high-performance computing (HPC) are also attracting investor interest, with the goal of achieving $100 million in annual revenue through its GPU cloud platform HIVE Cloud. The analyst pointed out that this computing power growth inflection point and the growth prospects of the GPU business may attract more attention.

Odaily Planet Daily reported that according to Whale Alert monitoring, the <USDC Treasury> has again burned 50 million <USDC> through Ethereum today.

Odaily Odaily reported that according to Whale Alert monitoring, a dormant address holding 14 BTC was activated after 11.6 years of dormancy. These bitcoins were worth nearly US$670 in 2013 and are now worth US$1,054,874.

Odaily Planet Daily Report: The market shows that TURBOS has broken through $0.0027, currently trading at $0.00275, with a 24-hour increase of 41.1%. It is reported that centralized exchanges such as Coinbase have supported the transfer of native <USDC> to Turbos on Sui, enjoying a 21.81% stablecoin yield. Meanwhile, Turbos Finance has officially launched the aggregator function, and the platform's over 600,000 users can directly use Turbos' Swap to trade all assets on the Sui network.

Odaily Planet Daily reported that the former CEO of Binance, CZ, posted on the <X> platform, stating that although he currently has no formal job, he is still very busy, saying "there are many people who want to meet".

Foresight News, according to Bitget market data, Bitcoin has broken through 72000 USDT, currently trading at 72034.23 USDT, with a daily increase of 3.03%.

Foresight News reported that Binance announced the launch of Binance Wealth, aimed at supporting wealth managers and their high-net-worth clients who are interested in expanding their crypto asset investment portfolio. Binance Wealth allows wealth managers to oversee the onboarding process of their new clients and provide investment recommendations, giving their new clients strong support while retaining full autonomy, similar to traditional wealth management.

According to the official announcement, effective immediately, Huobi HTX's on-demand products for 13 mainstream assets have received interest rate hikes, with the highest increase reaching up to 700%. These assets include: <USDT>, <ETH>, <TRX>, <DOT>, <TON>, <SOL>, <ATOM>, <CSPR>, <POL>, <NEAR>, <ADA>, <USDC>, and <EOS>. Among them, the interest rate for the portion of <USDT> outside the amount bracket (1,000 USDT) has been increased from 2.25% to 4%, the interest rate for the portion of <TRX> outside the amount bracket (3,000 TRX) has been increased from 0.5% to 4%, and the interest rate for <SOL> has been increased from 1.2% to 6%.

Odaily Planet Daily Report, according to market news, the US dollar index DXY fell 22 points in the short term, currently reported at 104.38. (Gold Ten)

According to on-chain data analyst @ai_9684xtpa, a certain <whale> has been long on BTC since July this year, with an unrealized profit of $7.6 million. It is reported that the <whale> just withdrew 70 WBTC from Binance 5 minutes ago, and has accumulated a total of 1,058 WBTC ($67.84 million) since 2024.07.04, depositing 988 of them into Aave as collateral to borrow USDT for cycling long positions, with a current health factor of 1.84.

Gemini, a cryptocurrency exchange, has announced that it has received preliminary approval from the Monetary Authority of Singapore (MAS) for a "Major Payment Institution" (MPI) license, which will allow it to provide cross-border money transfers and digital payment token services in Singapore. Since establishing its Asia-Pacific headquarters in Singapore, Gemini has been continuously expanding its local operations and strengthening its team, including the recent appointment of Saad Ahmed as the Asia-Pacific head. Gemini plans to continue expanding its Singapore team and attracting more high-end talent to support its compliance and development in the Asia-Pacific region.

Elon Musk stated that the possibility of problems with artificial intelligence is between 10% and 20%. (<Odaily>)