for

According to Gate market data, U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially rising by 0.26%, the S&P 500 index up by 0.8%, and the Nasdaq Composite index up by 1.3%. Micron Technology rose by 4.5%, SanDisk rose by 7.5%, and Western Digital rose by 5%. Meta Platforms rose by 4.7%. The Nasdaq China Golden Dragon Index rose by 0.56%, iQIYI rose by 8.5%, and Alibaba rose by 2%.

According to monitoring by Catcher Predict, in the market prediction event "France vs Morocco - Player Performance" on Polymarket, the "Yes" option for the sub-market "Ayyoub Bouaddi: 3+ Shots" has experienced a dramatic fluctuation in winning probability, soaring from 3.5% an hour ago to the current 31.5% (a fluctuation of 28%). Please note the impact of related breaking news.

According to The Block, JPMorgan analysts pointed out that Strategy's recent sell-off of Bitcoin and its BTC monetization plan may bring temporary selling pressure, but it is not the main structural risk for Bitcoin. The greater risk lies in blockchain applications (including payments, clearing, RWA, etc.) increasingly shifting towards bank-built or regulatory-friendly permissioned chains and unified ledgers, rather than public chains.If tokenized deposits, SWIFT blockchain projects, central bank digital currencies, etc., are implemented within traditional financial infrastructure, and settlements adopt more private or delayed netting models, the activity, liquidity, and capital flow of public chains and tokens may be weakened, and the demand for stablecoins may also be partially replaced by bank tokenized deposits, thereby suppressing Bitcoin's performance. Analysts stated that a hybrid architecture, favorable regulation for public chain stablecoins, or a strengthened "digital gold" narrative may correct the above judgment.

According to PR Newswire, QIZ Security announced the completion of a $17 million seed round financing, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, Qino Cyber Capital, and others.The company positions itself as a management platform for crypto assets and post-quantum cryptography (PQC), providing continuous crypto asset discovery, risk modeling, and governance, helping large clients in finance, telecommunications, healthcare, and critical infrastructure achieve "crypto agility" to address the risk of "Q-Day," when quantum computing capable of breaking existing encryption systems may emerge as early as 2029, and collaborates with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, IBM, and others to promote enterprise quantum security migration planning.

Hyperliquid Policy Center (HPC) and wallet service provider Phantom submitted a joint opinion to the U.S. Commodity Futures Trading Commission (CFTC), calling for a clear delineation of the roles of "infrastructure developers" and "regulated financial service providers" in on-chain markets.The two parties suggested to the CFTC: first, to confirm that merely releasing on-chain protocol software does not constitute a regulated activity that requires registration, to avoid developers being seen as unregistered exchanges or clearinghouses; second, to provide a compliant pathway for existing licensed exchanges and clearinghouses to conduct matching and clearing using on-chain infrastructure; third, to elevate the previous "no-action letter" regarding Phantom's "non-custodial wallets not being financial intermediaries" to formal rules, providing a unified and predictable regulatory framework for similar wallets.

Regulatory documents show that MARA Holdings subsidiary Volt Texas has signed an agreement with HIF USA to acquire a majority stake in MAT 1177 LLC, which holds the Texas data infrastructure park project, leaving a small minority stake for the seller.The project company has signed a letter of intent with the power company, planning to provide up to 2000 megawatts of power for the construction of a large digital infrastructure park that supports high-performance computing and Bitcoin mining. The transaction price will be paid in installments based on milestones, with a total acquisition amount of up to $600 million if all development milestones are completed. The acquisition of related land, power access, and subsequent execution of data center leases will trigger the installment payment obligations.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the market Polymarket. A large whale sold $118,961.72 in a single transaction for the event "France vs Morocco - More Markets" on "O/U 2.5". Based on the current transaction price, the latest corresponding winning probability for this target is 52.27%.

According to official news, Trade.xyz announced that trading for SK Hynix (Ticker: xyz:SKHY) on the US stock market is now live, supporting year-round trading (24/7, 365 days).SKHY tracks the value of 1 share of SK Hynix American Depositary Shares (ADS). This ADS is listed on NASDAQ, with each share representing one-tenth of a share of SK Hynix common stock held by the depositary bank. SKHY was launched in the form of a pre-listing contract and will convert to a standard XYZ perpetual contract after the ADS begins trading on NASDAQ.

According to The Block, the Hong Kong Securities and Futures Commission (SFC) has issued a circular requiring licensed virtual asset trading platforms and internet brokers to stop using one-time passwords (OTP) for user login and device binding within 12 months, and instead adopt stronger authentication methods such as passkeys and device binding.This move is due to the fact that in the 2025 Hong Kong cybersecurity incident, phishing attacks accounted for as much as 57%. The SFC also requires institutions to establish monitoring systems for suspicious logins, transactions, and withdrawals, and to promptly notify customers of any unusual account activities. Large brokers must implement the new authentication measures immediately. The SFC emphasizes that if internal controls are found to be deficient and result in customer losses, relevant responsibilities will be pursued.

According to Jinshi News, SK Hynix has set the guidance price for its American Depositary Receipts (ADR) at $149 each, a premium of 3.1% over the closing price in Korea.

The U.S. Commodity Futures Trading Commission (CFTC) plans to block the Chicago Mercantile Exchange (CME) from quickly listing a 24x7 oil contract due to concerns that the energy market is not ready to handle a surge of around-the-clock derivative contracts.CME stated in June that it plans to offer around-the-clock trading for a futures contract linked to WTI crude oil, based on 10 barrels, arguing that investors want to manage their positions "whenever news breaks." On Wednesday, CME submitted a self-certification application for this new product, meaning the CFTC has only one day to intervene, or the contract will be available for trading. According to informed sources, the CFTC plans to block CME's self-certification.CFTC Chairman Michael C. Selig has met in recent weeks with executives from energy companies such as Shell, Vitol, BP, and ExxonMobil. Another application submitted by CME for the same product (which requires a 45-day review period) is still under consideration by the regulatory agency.

The founder of TRON, Justin Sun, stated that the milestone of 90 billion has finally arrived, marking a critical moment for both Tether and TRON. TRON remains one of the main networks for large-scale settlements of stablecoins.It is reported that with the issuance of TRC20-USDT exceeding 90 billion USD, the scale of stablecoins on the TRON network has reached a new historical level.

According to Jinshi, Federal Reserve's Williams stated that his level of concern about the risks posed by stablecoins is lower than that of some individuals.

According to the official announcement, the Gate DEX BountyDrop has launched airdrop events for SPCX, TeQoin, and Eventra. Users can enter the BountyDrop module to participate in tasks through the "Events" page of the Gate DEX App. Among all participants who complete the SPCX tasks, 1,000 participants will be randomly selected to share $10,000 in SPCX; among all participants who complete the TeQoin tasks, 2,000 participants will be randomly selected to share 20,000 TeQoin; among all participants who complete the Eventra tasks, 2,000 participants will be randomly selected to share 333,333 EVN.Gate Wallet is an industry-leading multi-chain crypto wallet that connects over 100 public chains, millions of assets, and tens of thousands of DApps in one place, providing a professional-grade DEX experience and the best solutions for every DEX need. BountyDrop is a dedicated earning activity area in the discovery page of Gate DEX, where users have the chance to win rewards or participate in a lottery to obtain airdrop tokens by completing simple tasks.

According to Jinshi, the number of initial jobless claims in the United States for the week ending July 4 was 215,000, lower than the market expectation of 218,000, and the previous value was revised from 215,000 to 217,000.

According to Jinshi, the four-week average of initial unemployment claims in the United States for the week ending July 4 was 218,750, with the previous value revised from 222,000 to 222,500.

Cathie Wood posted on the X platform stating that, in ARK Invest's view, stablecoins are monetary networks that, through trust, collateral utility, and integration, will have their network effects compounded over time.The network effects of USDT and USDC have always been strong. LorenzoARK explained the reasons why OUSD is unlikely to replace them.

Gate recently released a detailed verification statement regarding the security item changes and fund loss incident reported by customer 9****6. After an internal review, the platform confirmed that the applicant submitted materials highly matching the customer's account, including Email, phone number, real-name information, transaction records, and Alipay screen recordings. The platform pointed out that the Alipay screen recording required access to the customer's Alipay account and successfully passed multiple identity verifications, indicating that the applicant not only possessed account information but also obtained the customer's external real-name information, Alipay account, and device permissions in advance.The platform emphasized that its security unbinding review implements a four-fold verification process of "multi-channel advance notification + system risk control preliminary screening + manual multi-layer review + time protection." After notifying the customer through dual channels, the application was processed only after waiting two days without objections, and a 24-hour withdrawal prohibition protection was imposed after modification. Upon investigation, there were no information leakage logs within the platform, and some sensitive identity information provided by the applicant was external information previously unknown to the platform.Regarding fund recovery, the platform has sorted out the flow of funds and collaborated with multiple departments to conduct on-chain analysis and asset tracking, currently coordinating with third parties like Tether to advance the freezing process, and will cooperate with judicial investigations in the future. The platform advises customers to conduct comprehensive security reinforcement on their devices and expresses regret that the customer did not contact the platform within the three-day notification period.

According to The Block, the custody institution BitGo announced the launch of a new generation of quantum-safe tools for Bitcoin institutional wallets, helping institutions assess, manage, and reduce quantum-related risks associated with UTXO model wallets.BitGo stated that this solution introduces a new method for grouping and prioritizing UTXOs by address, based on its multi-signature architecture (a provisional patent application has been submitted), to reduce the risk of public key exposure from partially spent funds. This method does not cover address types that expose public keys from the outset (such as Taproot and Pay-to-Public-Key), and these addresses require separate security measures.

RootData has launched the [Stock Perpetual Contract Exchange Ranking](https://cn.rootdata.com/exchanges/stock), covering centralized and decentralized platforms that support stock perpetual contracts and other stock-related derivatives trading, aiming to establish a reliable data benchmark for investors. It is reported that RootData's ranking directly collects primary data through the exchanges' official APIs and public market data sources, rather than relying on third-party data service providers, thus maximizing the originality, timeliness, and accuracy of the data. In addition, this ranking system will continuously track the performance of each platform across multiple dimensions, including trading volume, open interest, liquidity, spreads, depth, trading costs, and contract coverage. Currently, RootData's data submission channel is open, supporting exchanges with stock perpetual contract business to submit official APIs and supplementary data.