DigitalX spent AUD 19.7 million to purchase 109.3 bitcoins, with an average price of USD 118010

On July 14th, according to NLNico, Click Holdings (stock code: CLIK), a US listed company, plans to establish up to $100 million in Bitcoin and SOL reserves and integrate cryptocurrency payments into employee salaries and customer payment systems to modernize its business. It is worth noting that the current market value of Click Holdings is only $12.989 million.

According to BlockBeats, on July 14th, crypto detective ZachXBT posted on X that "recently, the Brazilian central bank service provider C&M suffered a cyber attack, resulting in the intrusion of reserve accounts of six financial institutions. The attackers converted the stolen fiat currency into cryptocurrency. I have started participating in an operation and have assisted in freezing approximately $5 million of funds involved across multiple trading platforms and blockchain

Odaily Planet Daily reported that Hungary has officially implemented new cryptocurrency legislation since July 1st, prohibiting any unauthorized digital asset trading activities. Individuals who use unlicensed encryption services can be sentenced to up to 2 years in prison; For a single transaction amount exceeding 50 million forints (approximately 140000 US dollars), the sentence can reach 3 years, and for a transaction amount exceeding 500 million forints, the maximum sentence can be 5 years. If it is an unlicensed service provider, the maximum sentence can reach 8 years. It is reported that fintech platform Revolut has announced the suspension of its cryptocurrency services in Hungary. Local media pointed out that about 500000 Hungarians have invested in cryptocurrency assets through legal income, and the details of regulatory enforcement are currently unclear. （Forbes）

According to official sources, Click Holdings (NASDAQ: CLIK), a provider of human resources and elderly care solutions, plans to build a Bitcoin and Solana asset reserve of up to $100 million, and integrate cryptocurrency payment methods into employee payroll and customer transactions to drive the modernization transformation of its elderly care business. It is currently unclear how the company will raise $100 million in funding. As of December 31, 2024, its current market value is $13 million and cash reserves are $544000.

BlockBeats news, on July 14th, according to Forbes, Hungary officially implemented one of the strictest cryptocurrency regulations in the world starting from July 1st, forcing several large fintech companies to suspend related services and potentially criminalizing the digital asset trading behavior of hundreds of thousands of citizens. This major policy change has caused widespread confusion and concerns in the field of financial technology. London based digital bank Revolut announced on Friday evening that it will temporarily suspend cryptocurrency services in Hungary from now on until further notice. Revolut has over 2 million users in Hungary. The company stated that it is "working hard to restore services as soon as possible", but did not provide a specific recovery schedule. This suspension covers all new cryptocurrency purchases, staking activities, and recharge operations, but users can still sell their existing holdings and transfer some tokens to external wallets. Revolut's other banking services are not affected. The new regulations in Hungary have added two criminal charges: 'misuse of cryptocurrency' and 'providing unauthorized cryptocurrency exchange services'. According to the latest revised code in Hungary, individuals who use unauthorized cryptocurrency trading services may face up to two years in prison for their underlying trading activities; If the transaction amount exceeds 50 million Hungarian forints (approximately 140000 US dollars), the maximum sentence can be up to three years; If it exceeds 500 million forints (approximately 1.4 million US dollars), the maximum sentence can be up to five years.