Myanmar Passes Scam Law With Life Sentences for Digital Currency Fraud
Myanmar's military-controlled parliament passed the Anti-Online Scam Law, which allows life imprisonment for digital currency fraud. The law allows the death penalty for people who use violence or illegal detention to force others into online fraud when related abuse results in death. Lower house lawmaker Aye Chan said the important parts of the bill remain unchanged, and the full text has not yet been published. UNODC estimates that scam activities in East Asia, Southeast Asia, and Oceania caused losses of $88.3 billion to $114.1 billion in 2025.
Galaxy signed a development agreement and acquired 500 acres in McGregor, Texas, to build and operate an AI and HPC data center campus. The initial phase is expected to reach 74 megawatts, and Galaxy says the site could become a multi-hundred-megawatt campus by 2030.
Multiple South Korean media outlets linked a recent sharp stock market decline to CXMT's listing. Market concerns are spreading that CXMT could use debut proceeds to challenge Samsung Electronics, SK Hynix, and Micron Technology.
Solo 29 de las 100 principales criptomonedas cotizan por encima de sus promedios móviles simples de 50 días. Bitcoin y el ether siguen por encima de sus promedios de 50 días, pero la amplitud más amplia del mercado cripto sigue siendo débil.
Thailand SEC Files Complaint Against Bitkub Over $53M Theft Reports
Thailand's SEC filed a criminal complaint against Bitkub Online and two former directors over reports tied to a roughly $53 million theft. The regulator said a May 2021 cyberattack withdrew customer assets across 16 cryptocurrencies. Bitkub said disclosure staff withheld the theft to prevent a bank run, and the allegations remain unadjudicated.
Myanmar Passes Scam Bill With Death Penalty and Life Terms for Crypto Fraud
Myanmar's military-backed parliament passed the Anti-Online Scam Bill, allowing the death penalty for forced scam labor that kills victims. The approved law also keeps a maximum sentence of life imprisonment for running scam centers or committing digital currency scams. Lower house MP Aye Chan said the important parts of the bill remained the same, but the full text has not been released. UNODC estimates scam losses across the wider region reached $88.3 billion to $114.1 billion in 2025.
DEX aggregator 1inch launched 1inch Aqua, a DeFi liquidity solution aimed at improving liquidity efficiency. Aqua lets a single token support multiple liquidity positions while assets stay in users' wallets until a swap is executed.
1inch lanzó Aqua, un protocolo de liquidez compartida que permite a los usuarios respaldar múltiples posiciones de liquidez con un solo saldo de tokens. Los activos permanecen en las carteras de los usuarios en lugar de depositarse en un pool de liquidez.
Los datos de MSX.COM mostraron que Core Scientific subió un 7,2% en las operaciones de premercado. Core Scientific y AMD habían anunciado anteriormente una asociación de infraestructura.
El fundador de Aave, Stani, dijo que la Ley de Claridad propone permitir que los bancos utilicen activos digitales y tecnología de contabilidad distribuida sin aviso previo ni aprobación. La propuesta cubre los servicios de custodia, staking y préstamos para bancos estadounidenses.
Core Scientific y AMD llegaron a un acuerdo de arrendamiento que brinda a AMD acceso a más de 500 megavatios de capacidad de computación en EE. UU. AMD recibirá warrants para suscribirse a acciones de Core Scientific a precio de mercado. AMD puede ampliar la capacidad a 2.5 gigavatios mediante transacciones relacionadas.
Bitcoin cayó alrededor de un 2% durante la sesión nocturna de EE. UU., mientras el índice bursátil Kospi de Corea del Sur se desplomó un 11%. El Senado de EE. UU. aplazó la Ley de Claridad Cripto mientras priorizaba un proyecto de sanciones a Rusia y nominaciones federales. Los tokens de IA y de capa 1 perdieron hasta un 10% en 24 horas.
Bernstein raised its Micron stock price target to $1,300, implying 44.4% upside from current price levels. Bank of America, J.P. Morgan, Cantor Fitzgerald, and Barclays also raised targets as analysts focus on Micron's AI memory chip exposure.
DeFi Dollars Built on Saylor’s Preferred Stock Face Pressure
DeFi yield products at Apyx and Saturn faced stress, and the protocols held nearly $490 million in combined product value. As of July 21, about $267 million was directly exposed to Strategy’s Stretch preferred stock. Apyx’s apxUSD traded below 80 cents in late June and recovered to about 90 cents by July 21. Artemis identified 116 liquidations involving Apyx and Saturn collateral between early June and July 16, covering about $7.2 million in loans.
1inch opened Aqua, its shared liquidity protocol, across 13 EVM-compatible chains. The launch includes a $1.37 million incentive program over three months. Liquidity providers can use one wallet balance across multiple positions without splitting assets into separate pools.
STRC's pre-market price is holding above $88 before its first semi-monthly dividend distribution in 3 days. BitcoinTreasuries.NET said SATA is above $96.
Axis Robotics completed a $12 million seed funding round led by Hack VC. Nomad Capital, Pi Core Team Ventures, 10K Ventures, and several angel investors also participated. The company will use the funding to accelerate development of a global human-in-the-loop data engine.
MSCI announced that Changxin Memory Technologies will join the MSCI China All Shares Index on August 10. The inclusion follows CXMT's IPO of new shares.
Galaxy Research lowered its probability that the CLARITY Act becomes law by 2026 from 50% to 30%. Alex Thorn said the Senate's 60-vote threshold is the main obstacle.
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