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According to official news, the perpetual contract trading platform Drift today announced its official rebranding to Velocity, stating that this brand upgrade aims to reflect the new generation trading platform architecture it is building.The team pointed out that in the perpetual contract market, execution speed and directional judgment are crucial. The name "Velocity" aims to embody trading speed and market momentum, while marking the platform's entry into a reboot phase.The official statement indicated that this renaming also represents a clear boundary in the product roadmap: the new platform will adopt a clearer system architecture, stronger security infrastructure, and a more defined product positioning. Currently, Velocity is advancing its reconstruction work and plans to open a private testing version to some partners and traders in the coming days to validate the stability and performance of the new generation Solana-based perpetual contract trading system.

The US stock market's technology and aerospace sectors have regained mainstream capital favor, with several high-profile targets leading the derivatives market. According to Gate platform data, SanDisk (SNDK) is currently priced at $2221.02, up 6.55% in 24 hours; SpaceX (SPCX) is currently priced at $170.97, up 4.74% in 24 hours. According to CoinGlass data, the SNDK contract position on the Gate platform reached $13.7853 million, with a 24-hour contract trading volume of $42.5479 million; the SPCX contract position on Gate reached $26.5112 million, with a 24-hour contract trading volume of $34.4757 million, both ranking among the top in the network.

Bitget has launched the 7th phase of the contract VIP "Ten Million Club" event, with the event snapshot rules being "cumulative achievement for the natural month + end-of-month status confirmation." The platform will gift different tiers of six福 jewelry pure gold gift boxes based on account data as of July 31, according to the user's contract trading volume or new asset amount from July 1 to July 31.Previously, Bitget announced an upgrade to its contract VIP service system and launched the "Ten Million Club" program, where eligible users can receive customized high-end physical gift boxes from the platform on a monthly basis. Gifts such as Moutai, Hermès, Apple gift boxes, and smart home products have already been given to users.

According to official news, the Gate stock derivatives section will launch on July 1 at 14:00 (UTC+8) with the debut of perpetual contracts for PDD (Pinduoduo), STRC (MicroStrategy Series A Perpetual Preferred Stock), TSEM (Tower Semiconductor), AAL (American Airlines), AMKR (Amkor Technology), ASX (ASE Technology Holding), MVLL (2x Long Mavis Daily ETF), FLEX (Flex Ltd.), and APD (Air Products and Chemicals) (settled in USDT), supporting 1-20 times leverage.

Natural gas prices continued to rise today, with active trading in the energy market. According to market data from the Gate platform, natural gas (NG) reached a 24-hour high of $3.325, currently reported at $3.240, with a 24-hour increase of 2.14%. According to CoinGlass data, the total open interest for NG contracts across the network is $1.22 million. The open interest for NG contracts on the Gate platform is approximately $771,200, ranking first in the world.

According to the disclosure from the People's Procuratorate of Jing'an District, Shanghai, recently, the court prosecuted a certain Li for suspected illegal business operations in a criminal gang that used virtual currency for cross-border money laundering and illegal foreign exchange. On June 10, the case was heard in court and a verdict was announced on the spot, marking a conclusion to a series of illegal business operations spanning three years and involving over 200 million yuan. In July 2024, the State Administration of Foreign Exchange discovered abnormal clues regarding Company Z using virtual currency to transfer assets for domestic clients during routine monitoring, and subsequently referred the case to the public security authorities for handling.Investigations revealed that Company Z was registered overseas in 2019, promoting itself under the guise of a "private bank" and developing a virtual banking app to create a facade of legitimacy, but it had not obtained the necessary foreign exchange business operation license in China and was essentially engaged in illegal foreign exchange activities. The gang targeted high-net-worth individuals with funding needs for overseas property purchases, immigration, and studying abroad, using intermediaries to attract clients, with customer managers, traders, and customer service personnel facilitating the currency exchange process. Clients purchased virtual currency from virtual currency exchangers with renminbi and transferred it to Company Z's overseas virtual wallet, after which the gang exchanged the virtual currency for foreign currency abroad and transferred it to the clients' designated overseas accounts. There was no actual cross-border flow of funds; instead, settlements were made through domestic and foreign capital pools, with Company Z charging a 3% currency exchange service fee and paying intermediaries a 0.5% commission.A total of nine individuals have been brought to justice in this case, while one main suspect is still under investigation. After review, the relevant personnel collectively violated national laws by illegally buying and selling foreign exchange, disrupting financial order, and the circumstances were serious or particularly serious, warranting criminal liability for illegal business operations. The court sentenced five individuals, including Gao and Li, to prison terms ranging from six years to two years and six months, and imposed fines ranging from 1.5 million yuan to 300,000 yuan; for Chen, Huang, and four others, due to lighter criminal circumstances, relatively smaller amounts involved, and voluntary confession, the procuratorial authority made a decision of relative non-prosecution according to the law.

According to Taiwan's Economic Daily, passive component leader Yageo has notified customers that starting from July 1, it will comprehensively increase the prices of its entire line of capacitor solutions, covering MLCC, aluminum electrolytic capacitors, tantalum capacitors, and polymer aluminum capacitors, marking the largest increase in recent years. Industry insiders pointed out that this move mainly reflects the continuous rise in global manufacturing costs due to geopolitical factors, energy, raw materials, and international freight rates. As capacitor products account for about 50% of Yageo's revenue, the market expects this round of price increases to significantly boost its revenue and profits.Driven by strong demand for AI servers and automotive electronics, Yageo's stock price hit the daily limit yesterday, reaching 1,140 New Taiwan Dollars. However, due to recent volatility in the Taiwan stock market, the market reported a significant default settlement event involving Yageo's stock last night, with a total declared amount of 38.8 million New Taiwan Dollars, marking the 15th major default settlement case accumulated in Taiwan's listed market this year.

According to the official announcement, the Binance Futures platform will launch the BTCU perpetual contract on July 1 at 17:00, with a maximum leverage of up to 100 times;On the same day at 18:00, the ETHU perpetual contract will be launched, with a maximum leverage of up to 100 times. Users can pay attention to subsequent announcements for more information.

According to Jinshi reports, the Chicago Mercantile Exchange (CME) Group's new products will include standard contracts and micro contracts for more than 50 leading U.S. stocks, specifically including 55 larger contracts and 22 micro futures contracts.The tradable underlying assets include Alphabet, Amazon, Apple, Meta, Nvidia, and SpaceX.

The leveraged prediction market OmenX officially launched a $3 million prize pool World Cup Carnival event today. This event will focus on the knockout stage of the World Cup, covering multiple gameplay options such as combo predictions, sports-themed tasks, user sharing, and World Cup rewards, further enhancing user participation and interaction in the sports prediction market.OmenX stated that as the World Cup enters the knockout stage, the uncertainty of the matches increases, with situations such as extra time, penalty shootouts, and popular teams being eliminated making users more concerned about capital efficiency, position management, and risk control. The World Cup Carnival event will combine OmenX's leveraged prediction market products to help users make more flexible predictions and participate around the knockout stage progression paths, championship outcomes, and popular matches.It is reported that OmenX has recently launched a new sports page and introduced several themed activities around the World Cup. This $3 million prize pool World Cup Carnival will become one of the key events on the platform during the World Cup stage, with more event details to be gradually announced through OmenX's official channels.

According to the official announcement, Binance will update the collateral rates for assets such as XRP and HBAR in Portfolio Margin and Portfolio Margin Pro starting from July 3, 2026, at 06:00 (UTC), and will adjust the leverage and margin levels for multiple U-based perpetual contracts, involving contracts such as BICO USDT, FF USDT, DEXE USDT, VANRY USDT, TREE USDT, TLM USDT, AGLD USDT, MUBARAK USDT, RARE USDT, OGN USDT, and AVA USDT. The adjustments are expected to be completed by 06:30 (UTC).

Recently, metal market prices have declined, with both gold and silver prices adjusting downwards. According to market data from the Gate platform, gold (XAU) reached a 24-hour low of $3950, currently reported at $3975.53, with a 24-hour drop of 2.35%; silver (XAG) reached a 24-hour low of $56.66, currently reported at $57.48, with a 24-hour drop of 2.13%. According to CoinGlass data, the open interest for Gate XAU contracts reached $204 million, and the open interest for XAG contracts reached $64.8941 million, both firmly ranking in the top two in the industry.

According to the latest data from the Gate platform, semiconductor leader SK Hynix reached a maximum of $1779.9 during intraday trading today, with a minimum of $1655, currently reported at $1718.8, with an intraday increase of 0.21%. According to CoinGlass data, the contract position amount for Gate SK Hynix (SKHYNIX) exceeds $23,007,200, with a 24-hour contract trading volume of $42,349,300, ranking among the top in the industry for both position size and trading volume.

According to the official announcement, Binance Futures will adjust the contract amount of the CRWDUSDT U-based perpetual contract on July 2, 2026, at 08:00. The underlying asset of this contract will undergo a 1-for-4 stock split plan, with the adjustment expected to be completed on the same day at 21:30.During the adjustment period, the contract will be in a suspended state, all pending orders will be canceled, and trading functionality will resume at 21:35.

According to Hyperbot data, Huang Licheng has just slightly reduced his position in the 25x leveraged Ethereum long, currently holding 1200 ETH. The liquidation price is reported at $1553, and the current investment return rate has turned positive, reported at 0.53%.

According to CoinDesk, blockchain analysis company Chainalysis has released a new methodological proposal aimed at establishing a unified on-chain fund tracking standard framework for law enforcement agencies and investigators, to identify address clusters and determine their possible control relationships.The proposal defines the on-chain analysis structure in the form of "ontology," focusing on systematically breaking down the currently unstandardized concept of "cluster" in the industry into wallet segments and functional roles, and describing on-chain relationships through a two-layer structure: the first layer defines the transaction graph structure, and the second layer assesses inference confidence.Chainalysis stated that the framework aims to enhance the interpretability and legal applicability of on-chain forensic methods, and is designed and validated based on its practical experience in relevant cases within the U.S. Department of Justice, including the analytical application in the mixing service Bitcoin Fog case.The company's Chief Scientist Jacob Illum pointed out that the goal of the proposal is to answer "on what evidence basis can these addresses be considered to belong to the same entity," while emphasizing that on-chain analysis itself cannot directly identify the ultimate user identity and still requires legal investigative methods combined with centralized entities such as exchanges.Chainalysis indicated that the standard proposal is currently open for discussion within the industry, hoping to promote the formation of more unified technical specifications for on-chain analysis methods in the fields of law enforcement and compliance.

According to CoinDesk, Wall Street broker Bernstein pointed out in a recent report that the rapid integration of the market technology stack is increasing the likelihood of a new round of mergers and acquisitions in the field of sports event contracts and financial markets.The report states that in the past eight months, major prediction platforms have been developing towards simultaneously controlling customer distribution and exchange infrastructure. Although Kalshi and Polymarket have core technology stacks, their distribution capabilities are relatively lagging, making them potential acquisition targets.Recent actions include DraftKings acquiring Railbird to launch DKeX, Robinhood collaborating with Susquehanna to create Rothera, and Coinbase acquiring The Clearing Company. Bernstein believes that Robinhood and Coinbase are currently in a relatively advantageous position in the competitive landscape, as both have large consumer user bases and fully owned regulated infrastructures, while Kalshi and Polymarket are viewed as potential acquisition targets due to their lack of large-scale distribution capabilities.

According to CoinDesk, FundBank has been renamed IRACE Digital and has acquired Tenet Bank in the Cayman Islands. This transaction will incorporate digital asset banking operations and fintech-focused clients into IRACE's existing institutional banking business.Former Zodia Custody CEO John Cronin has been appointed as the Global CEO, and IRACE is expanding into the areas of custody, liquidity, and trading infrastructure.

According to the official announcement, Bitget has launched the STRC (Strategy Variable Rate Perpetual Preferred Stock) perpetual contract. This contract is settled in USDT and supports up to 20 times leverage.

Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker and stated, "We are gonna need more charts."According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.