Odaily Planet Daily News, Week 31, 2025 (July 25-31): 1. According to cloverpool, the average computing power of the entire Bitcoin network is 902 EH/s, with a maximum of 1004 EH/s and a minimum of 710 EH/s, a decrease of 1.48% from the average computing power last week (916 EH/s). 2. According to blockchain.com, the average price of Bitcoin was $118,171, with a maximum of $119,839 and a minimum of $115,500, down 0.19% from last week's average price ($118,394). 3. Important mining news worth noting include: (1) In an interview, Paul, CEO of Cango, revealed that the company will develop in the direction of green electricity and HPC in the future. (2) Mining company Argo Blockchain received a delisting notice from Nasdaq due to its low stock price; (3) Bitdeer disclosed that it produced 63.1 BTC in the past week, and its total Bitcoin holdings increased to 1,637.8; (4) The privacy coin Monero faces the possibility of its network being taken over by the mining pool Qubic. Data partner: Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.

Odaily Planet Daily News: Privacy coin Monero is facing an attempt to take over the network by mining pool Qubic, which has triggered strong opposition from the community and concerns about hash rate centralization. Qubic previously disclosed in a blog post that it has begun to incentivize Monero CPU mining through its own network, and the mined XMR will be used to fund the repurchase and token destruction of the Qubic ecosystem. Sergey Ivancheglo, founder of the crypto projects Qubic, NXT and Iota, publicly admitted that the Qubic network is staging a takeover of the Monero network. (Cointelegraph)

Odaily News The European Anti-Money Laundering Authority (AMLA) has issued a warning to the cryptocurrency industry, requiring companies to comply with stricter regulations that are about to be implemented, including a ban on anonymous wallets and privacy coins. The new regulations require regulators to review the background of the actual owners and shareholders of crypto asset service providers to ensure that they are not involved in money laundering or terrorist financing activities. Crypto companies must also provide government agencies with direct, immediate and unfiltered access to account data. These measures will be fully implemented by July 2027. Previously, France and the Netherlands have launched anti-money laundering investigations into Binance involving terrorist financing and tax fraud. (Decrypt)

Odaily News The People's Court Daily published an article signed by Zhao Liang of the Shenzhen Intermediate People's Court of Guangdong Province, "Disposal of Virtual Currency Involved in Criminal Cases: Challenges, Innovations and Judicial Responsibilities", which pointed out that virtual currency has corresponding property attributes, and a consensus has basically been formed in judicial practice. For those who need to compensate the victim's losses or confiscate them, in order to balance the demand for the disposal of virtual currency involved in the case with the mainland's regulatory policies, it is possible to explore entrusting a qualified third-party institution under the filing and supervision of the People's Bank of China, the Foreign Exchange Administration and other departments to exchange virtual currency for legal currency at market prices through a compliant licensed trading platform in a jurisdiction where virtual currency transactions are legal overseas, such as Hong Kong. After cashing out overseas, refer to the provisions of the State Administration of Foreign Exchange's "Letter on the Opening of Foreign Exchange Accounts and Handling of Foreign Exchange Receipts and Payments by People's Courts in Foreign-Related Judicial Activities". Virtual currencies that are used for crimes and endanger national security and public interests, such as privacy coins, can be sent to "black hole addresses" and destroyed and permanently withdrawn from circulation.

Odaily News The latest report released by cryptocurrency analysis firm TRM Labs on Tuesday shows that 99% of stablecoin trading activities in 2024 are "legal." This is particularly noteworthy considering that TRM also claims that stablecoins currently account for more than 60% of all cryptocurrency trading volume, which suggests that the connection between cryptocurrency and criminals is at least slightly exaggerated. It is reported that the GENIUS Act, one of the most comprehensive stablecoin legislation in the United States to date, will be submitted to the Senate for deliberation on Tuesday and is expected to be passed. (The Block)

Odaily News The European Union has officially passed the Anti-Money Laundering Regulation (AMLR), which will prohibit all financial institutions and crypto service providers from providing anonymous crypto accounts or wallets from July 1, 2027, and completely ban transactions of privacy coins (such as Monero, Zcash, and Dash). The new regulations also require mandatory identity verification for crypto transactions exceeding 1,000 euros, and establish a new regulatory agency, AMLA, to directly supervise large crypto platforms. (Cointelegraph)

Odaily星球日报讯 Web3 分析平台 Dexu AI 数据显示，AI 代理板块在过去一个月内产生了 72.2%的回报，其中 ai16z（AI16Z）和 Phala Network（PHALA）表现最为出色。 具体而言，AI16Z 上涨了近 295%，而 PHALA 上涨了 209%。其他表现强劲的代币包括 Virtuals Protocol （VIRTUAL），30 天内上涨 132%，以及 AiXBT（上涨 125%）。 此外，CEX 代币也表现良好，该类别在当月上涨了 41.37%。此外，“sweat-spot”板块（专注于将区块链功能与以用户为中心的应用程序相结合的项目）上涨了 24.4%。 其他传统领域，如 DeFi 和衍生品，分别上涨 13.2%和 12.3%；RWA 板块则上涨 7.21%。 与此同时，模块化类别则下跌了 32.1%，低风险代币（LRT）下跌了 30.8%。 Meme 币也大幅下跌了 28.7%，这可能反映出投资者的疲态。尽管币安最近的一份报告显示，此类代币在所有权方面已经超过了比特币和以太坊。GameFi、隐私币分别下跌 21.78%、12.46%。 就市值而言，L1 区块链仍占主导地位，市值为 2.75 万亿美元，主要受比特币 1.85 万亿美元市值的推动。 CEX 代币市值排名第二，略高于 1290 亿美元，紧随其后的是 Meme 币，尽管 12 月总体表现不佳，但仍接近 860 亿美元。DeFi 和 AI 等类别紧随其后，前者市值略低于 390 亿美元，后者市值略高于 230 亿美元。

Odaily News Zooko Wilcox, founder of the privacy coin Zcash, is looking to accelerate the protocol's upgrade to a hybrid proof-of-stake system after joining Shielded Labs as head of product. Shielded Labs is an independent organization based in Switzerland that supports Zcash. Wilcox recently said that after eight years of using PoW mining, Zcash needs to upgrade to a hybrid PoS system. He noted that PoW consensus and the issuance of new coins have put downward pressure on its price, "but this pressure is expected to ease as the rate of new coin issuance decreases." The two major upcoming improvements mentioned by Wilcox include the deployment of the Zcash Sustainable Development Fund and the upgrade to "Crosslink," a hybrid PoW and PoS protocol. "We want to deploy this technology as quickly as possible while maintaining Zcash's good security record," he said. The benefits of the upgrade include allowing ZEC holders to stake, providing finality to protect users from rollback attacks, reducing transaction times, and allowing safer two-way bridges to other networks. However, Wilcox did not elaborate on the technical details or provide a timeline for the upgrade. (Cointelegraph)

Odaily News Jamie Coutts CMT, chief crypto analyst at Real Vision, posted on the X platform that the best performing industry last month was the digital currency industry, but the leader was not Bitcoin, but privacy coins and Meme coins. In addition, Solana was the only large-cap stock in the top 10 in the past month. Momentum in the DeFi, dApps, and infrastructure industries remains poor, but there are signs that altcoins are entering a cyclical low.

Odaily News New regulations that will help law enforcement agencies confiscate cryptocurrencies used in crimes will come into effect on Friday, the UK Home Office said in a press release. Thanks to these new regulations, the country's police will no longer need to make an arrest before seizing crypto assets. The new regulations were introduced after the UK Parliament passed a crime bill last year that laid the foundation for faster seizure of cryptocurrencies. "It is vital that investigators and prosecutors have the ability and flexibility to keep up with the changing nature of crime, and these new measures will greatly assist our ability to restrict, freeze or eliminate crypto assets from illegal businesses," Chief Crown Prosecutor Adrian Foster said in the press release. Officials will also be able to transfer cryptocurrencies to wallets controlled by law enforcement agencies. They will also be able to destroy these cryptocurrencies if putting them back into circulation is not conducive to the public interest. In addition, the press release noted that confiscated privacy coins may be destroyed. (CoinDesk)