Odaily Planet Daily reported that the U.S. ADP employment change for the week ending July 11 was 15,000, compared to the previous value of 16,500. (Jinshi)
Odaily reported that @kabosumama, the owner of Doge's original canine model Kabosu, stated that recently circulated tokens like CATE have absolutely no connection to her. She mentioned that after posting Instagram content about a newly rescued kitten, the relevant posts were used without authorization to create counterfeit tokens, and she expressed regret over some accounts misusing her photos and content.
She stated that the only project she is currently officially involved with and endorses is Own The Dog. The project acquired the Doge NFT in 2021 and launched the DOG token; additionally, both parties collaborated to launch the COCORO token on the Base network in 2025, with the proceeds intended to support daily animal care and animal protection activities.
Kabosu’s owner reminded the public to rely on official announcements for information regarding herself and urged the community to remain vigilant against projects and tokens unrelated to her.
OdailyOdaily reports that the parliament controlled by Myanmar's military passed the "Anti-Online Scam Law" on Tuesday, allowing the death penalty for those who use violence or illegal detention to force others to engage in online fraud. A draft released in May showed that if the related abuse results in the death of the victim, the death penalty shall be imposed.
The draft also stipulates that those who operate online scam centers or commit digital currency fraud can face a maximum sentence of life imprisonment, with sentences for coercion-related crimes ranging from 10 years to life imprisonment. Lower house lawmaker Aye Chan stated that the death penalty clause has been retained in the approved version, the important parts of the bill remain unchanged, and the full text has not yet been published.
This bill is the first law passed by the new government of Min Aung Hlaing. The United Nations Office on Drugs and Crime (UNODC) estimates that scam activities in East Asia, Southeast Asia, and Oceania caused losses of between $88.3 billion and $114.1 billion in 2025, and individuals from at least 80 countries were found in related scam compounds. (Decrypt)
1. CXMT's largest bull adds positions on dips, with a scale of $10.4 million;
2. Chip stocks drag emerging market stocks to lows since April;
3. Data: Nvidia's per capita revenue reaches $6 million, highest among listed chip manufacturers;
4. STRC to pay first semi-monthly dividend in 3 days, pre-market price holds above $88;
5. Core Scientific rises 7.2% in pre-market trading;
6. Morgan Stanley: The current AI sell-off is mainly due to technical factors and profit-taking;
7. Correlation between US tech stocks and South Korean stock market hits highest level since 2021;
8. Analyst: Bitcoin spot trading volume down over 75% from end of 2024, lowest since 2023.
Odaily Planet Daily News: Galaxy posted on the X platform, stating that Galaxy is expanding its data center footprint. It has signed a development agreement and acquired 500 acres of land in McGregor, Texas, for the construction and operation of an AI and HPC data center campus. Galaxy is advancing the power infrastructure required to support the campus, with the initial development phase expected to reach 74 megawatts.
Galaxy believes the McGregor campus has the potential to develop into a multi-hundred-megawatt site by 2030. This campus will become Galaxy's second major data center investment in Texas, following its 1.6-gigawatt flagship Helios campus in West Texas.
Odaily Odaily reports that multiple South Korean media outlets interpret the recent sharp stock market decline as the impact of the listing of China's largest semiconductor company, CXMT. Market concerns are spreading that CXMT, by leveraging funds raised from its stock market debut, will catch up with semiconductor giants such as Samsung Electronics and SK Hynix, undermining investment sentiment.
According to a previous report by CNBC, Z-Ben Advisors analyst Peter Alexander believes that, following the development trajectory of the steel and new energy vehicle industries, CXMT will rapidly capture market share in low-end memory chips and ultimately challenge the global memory industry monopoly held by Samsung Electronics, SK Hynix, and Micron Technology. (China News Service)
According to MSX.COM data, Core Scientific (CORZ.O) rose 7.2% in pre-market trading.
Previously, Core Scientific and AMD announced a partnership on infrastructure.
Odaily Planet Daily reports that Core Scientific and AMD have announced a collaboration on infrastructure. AMD will receive warrants to subscribe for Core Scientific shares at market price. Through this partnership, AMD gains access to over 500 megawatts of computing capacity in the United States, and AMD has the ability to expand this capacity to 2.5 gigawatts in related transactions. (Golden Ten)
Odaily reported that BitcoinTreasuries.NET posted on X platform, noting that STRC's pre-market price is currently maintaining above $88, while SATA is above $96. Additionally, STRC is 3 days away from its first semi-monthly dividend distribution (i.e., paying dividends twice per month).
Odaily reports that Axis Robotics has announced the completion of a $12 million seed funding round, led by Hack VC, with participation from Nomad Capital, Pi Core Team Ventures, 10K Ventures, and several angel investors.
According to the introduction, Axis Robotics primarily addresses the data needs for Physical AI and robotic models. It leverages large-scale simulation, first-person real-world data collection, and human-in-the-loop post-training to build a closed-loop data workflow, enabling the scalable production of structured and diverse robotic data. This funding will be used to accelerate the development of a massive, parallel, human-in-the-loop global data engine.
Odaily reports, MSCI has announced that Changxin Memory Technologies (CXMT) will be included in the MSCI China All Shares Index due to its IPO of new shares, effective August 10. (Cailianshe)
