Odaily Planet Daily News Tibo, the product lead of OpenAI Codex, shared a new idea: Should we rename ChatGPT Work to ChatGPT Vibe?

Odaily reported that the whale "First Set 10 Major Goals" stated that after closing his previous short positions, he has re-established a long position in Bitcoin (BTC) and continues to maintain his medium to long-term bullish outlook. The key support area in the last bull market was around $60,000, and the current mainstream Bitcoin mining cost is also concentrated in the $50,000 to $60,000 range, making this area a strong support level. Previously, BTC quickly rebounded after dropping to a low of $58,000, further validating his assessment of the area's absorption capacity.

He believes that over the past month, Bitcoin has completed sufficient consolidation and handover of positions within the $58,000 to $63,000 range. Now that it has firmly established support around $66,000, the market conditions are ripe for further upside. It is possible that we could see a surge in volume and a breakout above $72,000, initiating a new upward trend. Furthermore, valuations in the US stock market, particularly in AI-related sectors, are already at elevated levels, which could lead to increased volatility in the future. Meanwhile, Bitcoin's correlation with US stocks has significantly decreased compared to past cycles. With continuous institutional capital inflows and its strengthening asset attributes, BTC is gradually forming an independent market trend.

Barring any systemic risks, the probability of Bitcoin falling back below $60,000 is decreasing. He predicts that BTC has a high likelihood of challenging the $100,000 mark again around March next year. However, he emphasized that being bullish does not mean ignoring risks. Currently, the long position has set a price range of $61,500 to $64,000 as its invalidation zone. If the market breaks below and validates a wrong judgment, he will execute a stop-loss, stating: "Opinions can change, but discipline cannot." The core of trading is not about making a profit on every trade, but about controlling losses when the judgment is wrong, and letting profits run when the trend is correct.

Odaily News In response to cross-border telecom and online fraud crimes, China has in recent years conducted international law enforcement cooperation with more than 30 countries, including Spain, the United Arab Emirates, and Myanmar, forming effective mechanisms and achieving remarkable results.

Jiang Guoli, Director of the Criminal Investigation Bureau of the Ministry of Public Security, stated that since 2023, China has strengthened police cooperation with Myanmar to comprehensively eliminate large-scale telecommunications fraud parks in the border areas of northern Myanmar. A total of over 59,000 criminal suspects have been captured and handed over. This has completely dismantled the notorious "Four Great Families" criminal syndicate in Kokang, northern Myanmar. In early 2025, China, Myanmar, and Thailand established a ministerial-level coordination mechanism to jointly combat fraud crimes, launching a crackdown on fraud operations in Myawaddy. Through 10 joint repatriation operations, over 630 buildings in the Myawaddy KK Park complex have been completely demolished. (CCTV News)

According to MSX.COM data, the Nikkei 225 index closed down 1,811.45 points, or 2.73%, at 64,611.15 on Friday, July 24. South Korea's KOSPI index closed down 406.87 points, or 5.73%, at 6,690.02 on Friday, July 24. SK Hynix fell 8.33%, and Samsung Electronics dropped 7.59%.

Odaily reported that, according to Arkham monitoring, Morgan Stanley has once again "bought the dip," increasing its holdings by approximately 57.319 BTC for $3.71 million through its spot Bitcoin exchange-traded fund, MSBT. As of now, its total Bitcoin holdings have surpassed 6,000 BTC for the first time, reaching 6,039 BTC, valued at over $393 million.

Odaily reported that Bitcoin mining pool Poolin has filed for Chapter 11 bankruptcy protection in a US court and plans to cease operations by selling its Bitcoin mining assets in Texas, USA. According to court documents, Poolin and its two US affiliates, Lonestar Dream Inc. and Lonestar Taproot LLC, filed for voluntary bankruptcy on July 22 with the US Bankruptcy Court for the District of New Jersey. Poolin currently estimates it has between 10,000 and 25,000 creditors, with assets ranging from approximately $1 million to $10 million and liabilities between approximately $100 million and $500 million.

Michael DuFrayne, Poolin's Chief Restructuring Officer, stated that the company's pre-bankruptcy debt amounts to approximately $173.1 million, of which about $163.7 million consists of unsecured IOU debts issued to Poolin Wallet users following the suspension of withdrawals during the crypto market crash in 2022.

This Chapter 11 process is not intended to reorganize the business but to facilitate the sale of assets under court supervision. Poolin's Pyote and Tarbush mining sites in Texas ceased mining and hosting operations on July 10, retaining only a small number of employees to maintain the assets and advance the sale process.

Currently, Poolin has entered into an asset purchase agreement with Thor CALAP LLC, which has proposed to acquire the related mining assets for $52 million. This includes: $15 million for the Pyote site, along with associated power rights and equipment; and $37 million for the power rights and equipment at the Tarbush site. This offer will serve as a "stalking horse bid" in the bankruptcy auction, setting a minimum price for subsequent bids. The transaction remains subject to higher offers and court approval. (Theenergymag)

Odaily Odaily reported that CryptoQuant analyst Darkfost noted a significant increase in on-chain activity among the oldest cohort of Bitcoin holders recently. Data shows that BTC holder groups with holding periods of 5 to 7 years and 7 to 10 years have seen their daily UTXO (Unspent Transaction Output) movements exceed 5,000 BTC on multiple occasions.

Darkfost pointed out that spending UTXOs does not necessarily mean selling. Long-term holders typically move Bitcoin for two main reasons: first, for security purposes, such as transferring UTXOs from an original address when changing wallet addresses; second, to sell assets. However, based on current on-chain data, no significant flow of funds to exchanges has been observed, so there is currently no indication that these long-term holders are engaging in large-scale selling of BTC.

It is worth noting that this behavior is occurring as Bitcoin again tests the $60,000 level, a situation similar to market movements observed between February and March this year. The market will continue to monitor whether the activity of long-term holders will further impact the BTC supply and demand dynamics.

Odaily Planet Daily reported that Tencent has announced the merger of its Huyuan multimodal model department and its large language model department to form a basic models department, unified under the management of Tencent's Chief AI Scientist Yao Shunyu. This move aims to further improve model R&D and collaboration efficiency and explore the intelligence upper limit of full-modal models. (36Kr)

Odaily: Iranian Foreign Minister Araghchi said on the 24th local time that Iran will regard any source of attacks against the Iranian people as a legitimate target for the Iranian armed forces to take defensive actions. Araghchi also emphasized that any participation, coordination, or assistance in carrying out attacks against Iran will make the relevant parties bear corresponding international responsibilities. (Jinshi)

Odaily reported that Morgan Stanley was not selected as the sole lead underwriter for SK Hynix's American Depositary Receipt (ADR) listing. The deal is valued at approximately $26.5 billion (around 40 trillion Korean won), marking the largest IPO by a foreign company in the U.S. Based on a 0.5% underwriting fee rate, the commission amounts to about $130 million. The final underwriting syndicate consists of Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase. Morgan Stanley had previously secured projects such as SpaceX and Anthropic, and was once considered a frontrunner for the OpenAI IPO. As a result, the loss of this deal is viewed internally as a reputational blow.

Industry insiders widely attribute Morgan Stanley's exclusion to its repeated publication of bearish reports on the Korean semiconductor sector, including the well-known "memory winter" analysis. Multiple investment bankers, including former Morgan Stanley executives, noted that a growing number of staff in the Seoul office believe the previous bearish reports may have cost the company the SK Hynix deal. Consequently, they feel that future releases of related viewpoints need to be more cautious. (CLS)

Odaily reported that Bitcoin (BTC) showed strong resilience amid a massive sell-off in the U.S. stock AI sector, currently maintaining its position near $65,000. Recently, the "Magnificent Seven" stocks experienced their worst single-day performance since April 2025, significantly dampening sentiment in the tech stock market.

However, this sharp decline in AI stocks has not substantially impacted the crypto market, with Bitcoin's price only experiencing minor fluctuations, indicating a reduced correlation between crypto assets and tech growth stocks. Market analysts point out that Bitcoin's current price action is more influenced by capital flows within the crypto market, institutional demand, and macro liquidity expectations. As traditional risk assets experience increased volatility, investors will continue to monitor whether BTC can maintain its independent price movement. (CoinDesk)

Odaily reports that the long-awaited digital asset regulatory bill, the CLARITY Act, has hit a snag in its advancement. Senate Majority Leader John Thune stated that the Senate is not expected to pass the bill before the August recess.

The CLARITY Act aims to establish a clearer regulatory framework for digital assets, promoting the integration of blockchain and crypto assets into the mainstream financial system. Previously, the bill had undergone multiple rounds of negotiations between the crypto industry and opposing forces, such as the banking sector, and was once considered close to passage.

However, recent controversy surrounding conflicts of interest related to President Donald Trump and his family's involvement in crypto projects has emerged as a new obstacle. Democrats are demanding the inclusion of ethical clauses in the bill that would restrict government officials from profiting from crypto transactions, a stance Republicans have previously opposed. Prediction market data indicates that the probability of the CLARITY Act passing this year has significantly declined. Polymarket data shows that as of Friday, the probability stood at approximately 37%, well below the over 80% level seen earlier this spring.

Crypto policy organizations and industry insiders believe the current delay is largely influenced by the political dynamics of the U.S. midterm elections. Ron Hammond, Head of Policy and Advocacy at Wintermute, stated that the votes to support the bill may still exist, but "election politics are louder." He suggested that a window for advancing the bill could still emerge after the November elections.

Analysts point out that if Congress needs to prioritize major issues such as government funding and national defense before the end of its current term, the CLARITY Act could be further marginalized. As the U.S. political landscape may shift following the midterm elections, the outlook for crypto regulatory legislation remains highly uncertain. (Fortune)

Odaily Odaily reports that SK Hynix is accelerating the construction of its advanced semiconductor packaging plant, P&T7, in Cheongju, advancing the operational date of its first clean room by approximately three months. According to an industry insider on July 23, SK Hynix now expects the first clean room at P&T7 to be operational as early as July 2027. The company had previously announced a target date of October 2027.

An industry insider revealed, "SK Hynix recently initiated tenders for utility and infrastructure projects at the P&T7 clean room earlier than planned. The company internally expects the clean room's operational timeline to be about one quarter ahead of the original schedule." Some equipment-related tenders failed to attract bidders and are currently being reissued. Industry insiders anticipate that all utility infrastructure tenders will be completed by around August. (Star Market Daily)

Odaily reported that Aster, a decentralized trading platform, announced the launch of Aster Vault Beta, allowing users to participate in trading strategies driven by active management without needing to execute every single trade themselves.

According to the introduction, users can deposit funds into the Vault, where strategy managers handle the trading operations. Users then share in the profits generated by the strategy or bear the corresponding losses in proportion to their fund contribution. Currently, only a limited number of Vaults are available for users during the Beta phase.

Aster stated that this feature aims to lower the barrier for users to participate in active trading strategies, enabling them to access professional trading strategies through fund custody. The platform plans to further expand the Vault ecosystem based on feedback received during the Beta phase.