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Quick Take A wallet that had been dormant since 2011 moved 3,962 BTC, worth about $468 million, following a test transaction on Thursday. The transfer caps a month of whale awakenings, including a $1.26 billion shift on July 23 and over 80,000 BTC moved by a separate address since July 4.
Quick Take Strategy has boosted its Stretch preferred offering from $500 million to $2 billion, pricing shares at $90 with a 9% cumulative dividend. The proceeds will finance additional bitcoin buys, expanding Strategy’s current 607,770 BTC treasury.
The crypto market saw its first daily decline after four days of gains, with altcoins falling harder than Bitcoin.
Ethereum developers are proposing a gas limit increase to boost Layer-1 throughput. Solana devs are also planning a 66% block limit upgrade.
BONK price gained 6% on July 24 following a massive 500 billion token burn, making it the only top-5 Solana memecoin trading in green despite sector-wide declin
- 22:43AI Infrastructure Firm OpenMind Secures $20 Million in Funding Led by Pantera CapitalForesight News reports that intelligent machine infrastructure company OpenMind has completed a $20 million funding round, led by Pantera Capital, with participation from Ribbit, Sequoia China, an undisclosed exchange, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, Amber Group, and several prominent angel investors. The funds raised will be used to expand the engineering team and collaborate with more manufacturers to apply OM1 and FABRIC to scenarios such as autonomous driving, smart manufacturing, and elder care. OpenMind was founded by Stanford University professor Jan Liphardt and is dedicated to building a universal operating system and decentralized collaboration network for intelligent machines, enabling robots from different manufacturers and of various forms to securely share information and work together globally. Its core products include the OM1 operating system and the FABRIC collaboration protocol: the former equips various robots with perception, adaptation, and action capabilities, while the latter provides cross-platform identity authentication and secure collaboration.
- 22:43Two addresses received nearly 40,000 ETH in total within 8 hoursAccording to Foresight News, monitoring by Lookonchain shows that a newly created wallet beginning with "0x86F9" has received 24,294 ETH, worth approximately $86.48 million, from FalconX in the past six hours. A whale address starting with "0x40E9" has received 15,627 ETH, valued at about $55.6 million, from a Galaxy Digital OTC wallet in the past two hours.
- 22:42Grayscale Expands Management Team and Appoints Founder as Chairman of the BoardForesight News reports that digital asset investment platform Grayscale announced today an expansion of its management team and adjustments to its board structure. The company has appointed four executives from the traditional finance sector to join its management team: Diana Zhang as Chief Operating Officer, Ramona Boston as Chief Marketing Officer, Andrea Williams as Chief Communications Officer, and Maxwell Rosenthal as Chief Human Resources Officer. At the same time, founder Barry Silbert will replace Mark Shifke as Chairman of the Board.