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According to Digital Asset, officials from the Korean National Tax Service have proposed legislative suggestions, believing it is necessary to amend the Criminal Procedure Act to allow for the seizure of virtual assets held by individuals. Individual ownership of digital assets refers to the situation where the private key is directly held by the individual, without the need to entrust a third party for custody or disposal.In June of this year, four individuals, including Zhang Xiyuan, the head of the National Tax Service investigation team, published a paper titled "Limitations and Legislative Review of Self-Protecting Virtual Asset Seizure Execution" in the journal "Criminal Policy Research" of the Korean Institute of Criminology and Justice. The paper explains that separate regulations must be established for the requirements and procedures for transferring to a public wallet or obtaining control. The paper first points out that when a suspect or owner holds access means such as a private key, the search warrant must clearly specify the following: the type and quantity of digital assets to be seized; verified addresses; addresses to be transferred; methods of transfer; and storage methods after the transfer. Furthermore, due to the risks of theft associated with transferring assets to wallets managed by a single entity, the paper proposes a method for transferring to a joint address managed by both the court and investigative agencies.

According to Onchain Lens monitoring, Abraxas Capital transferred assets worth $140 million to Binance and Bitfinex, including 10,000,000 USDT and 500 XAUT (approximately $2,000,000) to Binance, and 500 XAUT (approximately $2,000,000) to Bitfinex.

According to data from the Gate platform, SK Hynix (SKHX) reached a maximum of $1273 in 24 hours, currently reported at $1220.5, with a 24-hour increase of 4.90%. According to CoinGlass data, the contract open interest for Gate SK Hynix (SKHX) has reached $37.0579 million, ranking among the top in the industry.

According to SoSoValue data, the net inflow for XRP spot ETFs during the last trading week (Eastern Time from July 13 to July 17) was $6.7847 million.The XRP spot ETF with the highest net inflow last week was Bitwise ETF XRP, with a weekly net inflow of $4.406 million, bringing the total historical net inflow for XRP to $498 million. Following that was Franklin Templeton ETF XRPZ, with a weekly net inflow of $2.3787 million, bringing the total historical net inflow for XRPZ to $416 million.As of the time of publication, the total net asset value of XRP spot ETFs was $999.2 million, with an ETF net asset ratio (market value as a percentage of total XRP market value) of 1.46%, and the historical cumulative net inflow had reached $1.49 billion.

According to market news, Goldman Sachs reported on July 18 that the Dark Side of the Moon released the Kimi K3 model, with 28 trillion parameters, surpassing Claude Fable 5 and GPT-5.6 Sol on the Arena.ai programming leaderboard, reaching a new high for Chinese models with an API pricing of $2.3 per million tokens. Two days after the release, Zhiyu fell by 28%, MiniMax dropped by 16%, the Nasdaq 100 index futures fell by more than 1.8%, and the Philadelphia Semiconductor Index has cumulatively dropped by more than 18% from its peak.Goldman Sachs believes that Kimi K3 marks a turning point: a Chinese laboratory that cannot match the largest pre-trained computing power in the West has rapidly narrowed the gap with top American models through architectural innovation and reinforcement learning, proving that "scaling" is no longer the only winning path. Goldman Sachs warns that the "era of computing power expansion" may be coming to an end, and the investment logic for AI infrastructure built around "the more computing power, the better" needs to be rewritten. Goldman Sachs maintains a buy rating on MiniMax and a neutral rating on Zhiyu. Future attention will focus on the intensive release of 20-50 trillion parameter models such as Zhiyu GLM, Alibaba Qwen, and MiniMax M3 Pro.

According to official news, the seventh phase of the Strategy event in collaboration with the decentralized stablecoin USDD and the Binance wallet officially launched on July 19 at 8:00 AM (Singapore time) and will last until September 7 at 07:59. This phase will provide a total reward pool equivalent to 800,000 USD in USDD. Users can participate by depositing at least 100 USDT in the Strategy section of the Binance wallet and will automatically qualify for the reward distribution.It is reported that current participants do not need to take any further action and will automatically participate in the seventh phase of the event.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 30, up 1 point from yesterday. The average over the past 7 days is 26, and the average over the past 30 days is 21.

According to Coinglass data, if BTC falls below $61,662, the cumulative long liquidation intensity on major CEXs will reach $886 million. Conversely, if BTC breaks above $67,646, the cumulative short liquidation intensity on major CEXs will reach $806 million.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: Fluxo W7M vs Imperial - BetBoom RUSH B! Summit Playoffs," the option "Fluxo W7M" in the sub-market "Map 3 Winner" has experienced a dramatic fluctuation in winning probability, soaring from 56% an hour ago to the current 86% (a fluctuation of 30%). Please note the impact of related breaking news.

According to data from DefiLlama, Gate has seen a net inflow of over 64.55 million USD in the past 7 days, ranking first among global centralized exchanges.

According to ValidatorQueue data, the current Ethereum validator entry queue size is 2,499,792 ETH, with an expected waiting time of 43 days and 10 hours; in contrast, the exit queue has dropped to 0, and the exit waiting time shows as 0 minutes, but complete withdrawal of funds after exiting still takes about 7.7 days.Data shows that the current number of active Ethereum validators is 883,724, with a total staked amount of approximately 40.8 million ETH, accounting for 33.49% of the total supply, and the current staking APR is 2.64%.

According to token unlocking data from the Crypto asset data platform RootData, Walrus (WAL) will unlock approximately 38.33 million tokens at 10:00 AM Beijing time on July 27, worth about 1.11 million USD.

According to the ranking data from RootData on stock derivatives exchanges, as of the time of writing, MEXC has the largest spread among the top ten exchanges, reaching 1.35%.The current top three rankings are Binance, Bitget, and Bybit. Among them, Binance has a score of 92 and a spread of 0.021%; Bitget has a score of 90.6 and a spread of 0.053%; Bybit has a score of 90.3 and a spread of 0.124%.

CryptoQuant analyst Darkfost stated that the outflow of stablecoins from Binance and Bybit in the past 30 days exceeded $2.3 billion, leading to a depletion of Bitcoin liquidity. Bitcoin has been testing the critical price level of $60,000 for nearly 165 days. Although it briefly broke through $80,000 in May, it failed to maintain or reignite the upward momentum of Bitcoin.One of the reasons for this situation is the lack of new liquidity flowing into the market. Whether through direct investment in Bitcoin or investment in the entire crypto market, new demand has been difficult to realize. Observing the changes in stablecoin reserves at exchanges, the situation has been particularly poor since the beginning of the year, with a nearly continuous decline, reflecting that outflows are significantly exceeding inflows. In just the past 30 days, Binance's stablecoin reserves have decreased by $1.55 billion, while Bybit lost $786 million during the same period. The decline in reserves sends a clear signal: demand and liquidity are shrinking, and investors seem inclined to withdraw stablecoins from exchanges or even exit the market entirely. Therefore, it is this still overly pessimistic overall market sentiment that continues to deprive Bitcoin of the resources needed to break through the current consolidation range.

The cross-chain bridge protocol Allbridge Core has experienced a security incident. The official team has suspended the protocol for investigation and advised users holding affected liquidity pools (LPs) to withdraw their funds immediately.This security incident has led to an imbalance in the liquidity pools, creating temporary arbitrage opportunities. The official team calls on arbitrage users to return the funds to compensate the affected liquidity providers (LPs). According to monitoring by Onchain Lens, Allbridge Core's losses have exceeded $1.1 million.