BNB breaks through the $700 mark

BlockBeats news, on July 17th, according to SlowMist Cosine monitoring, Infini hackers are replacing some ETH with DAI at a new address. As of the time of writing, the address has obtained 5.87 million DAIs through the sale of ETH.

Slow Mist founder Yu Xian tweeted that Infini hackers may intend to emulate GMX hackers in returning funds. If returned, Infini is expected to recover the stolen $50 million, and hackers can also profit about $9 million from the recent rise of ETH, achieving a win-win situation. At present, the new address of Infini hackers has started to exchange some ETH for DAI.

Odaily Planet Daily reported that conservative Republicans in the United States have ended their two-day obstruction of the cryptocurrency bill, opening the way for the House of Representatives to vote on a series of measures supported by Trump. Speaker of the House, Mike Johnson, said that after promising to ban the Federal Reserve from issuing digital currencies and include them in the defense authorization bill later this year, the leadership convinced them to push forward with the stablecoin bill. According to two anonymous sources, Trump called at the last minute to receive a work briefing, and one of the sources said, "Trump is very satisfied with this

On July 17th, according to Crypto.news, the tool dataset generated by OORT users on the decentralized AI data platform has been released Google Cloud Analytics Hub、Databricks Marketplace、Snowflake Marketplace、Datarade Waiting for the launch of mainstream enterprise data markets and planning to launch SAP Datasphere Marketplace. This dataset contains over 100000 user contributed data points, with prices ranging from $2000 to $10000. OORT expects this launch to generate approximately $1 million in annual revenue, with some of the revenue going towards repurchasing and destroying its native tokens. OORT stated that this is the first Web3 native dataset to be provided to enterprise users through these platforms. The platform currently has over 300000 registered users and 80000 daily active contributors, and all data can be traced on chain. It has also integrated Binance Wallet to support multi chain access.

According to Golden Finance, the Securities and Exchange Commission (SEC) of Thailand and the Bank of Thailand plan to launch a crypto regulatory sandbox for foreign tourists, allowing them to exchange digital assets for Thai baht through licensed platforms and use them through locally regulated electronic payment services. The plan is currently in the public hearing stage, with an initial service period of up to 18 months. It prohibits direct encrypted payments and requires conversion into fiat currency for transactions. This policy aims to enhance tourism competitiveness through the use of encrypted financial technology and is expected to be implemented with the participation of compliance agencies including Gulf Binance. However, the Tourism Commission of Thailand (TCT) warns against hasty implementation and calls for strengthening anti money laundering measures and improving overall ecological preparedness.