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BIT Margin Trading is about to launch public beta, with professional trading capabilities continuously upgrading
Odaily Odaily News BIT (formerly Matrixport) has officially launched its Margin Trading feature and will open public beta on June 26. BIT is the first platform in the crypto industry to offer a margin function. Users can now submit margin applications through the official website or APP. BIT will review applications based on account status and risk management requirements and gradually open margin limits.In addition, features such as securities lending are also in preparation and will be gradually rolled out in accordance with regulatory requirements and product progress.During the public beta, BIT is simultaneously launching the "First Margin Borrow · Limited-Time Zero Interest" and "Interest Cashback Rewards" campaigns. Users who utilize margin for the first time during the event period will enjoy 0% interest on their first loan for 30 days, allowing users to experience the capital efficiency of leverage with zero interest.Elio Cui, Head of the Brokerage Business, stated: “BIT is the first to offer margin functionality, completing the client journey from account opening and trading to capital leverage. This allows BIT clients to enhance investment efficiency and gain early access to the world’s most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem.”BIT also reminds users that while margin trading improves capital efficiency, it also carries corresponding risks. Users should fully understand the margin rules and risk control mechanisms and participate prudently based on their own risk tolerance.
After the financing news broke, DeepSeek launched an image recognition mode, but it couldn’t identify Liang Wenfeng
: DeepSeek has officially launched the image recognition mode on its web version, while the app is still in the internal testing phase. Functionally speaking, the newly launched image recognition mode is still in its early stages. The reporter repeatedly tested the model using photos of DeepSeek founder Liang Wenfeng. After several minutes of deliberation, the model gave many incorrect answers and ultimately admitted, "I am really not sure. It is not recommended to guess the name because guessing wrong is worse than saying 'I don’t know.'" In other tests by netizens, when presented with a photo of founder Liang Wenfeng, DeepSeek even misidentified him as Yang Zhilin, founder of Moonshot AI, or a "younger version" of Ma Huateng.It is worth noting that just before the launch of the image recognition mode, DeepSeek was reported to have secured its first round of financing, exceeding 50 billion yuan. According to reports, the core investment terms for DeepSeek are: whether for major tech companies or VC funds, Liang Wenfeng’s most important requirement is: not to poach DeepSeek’s employees or suggest they leave to start their own ventures. The reporter inquired about the relevant situation with an insider from DeepSeek and learned that this account is largely accurate. (The Paper)
BIT Margin Trading is about to launch public beta, with professional trading capabilities continuously upgrading
Odaily Odaily News BIT (formerly Matrixport) has officially launched its Margin Trading feature and will open public beta on June 26. BIT is the first platform in the crypto industry to offer a margin function. Users can now submit margin applications through the official website or APP. BIT will review applications based on account status and risk management requirements and gradually open margin limits.In addition, features such as securities lending are also in preparation and will be gradually rolled out in accordance with regulatory requirements and product progress.During the public beta, BIT is simultaneously launching the "First Margin Borrow · Limited-Time Zero Interest" and "Interest Cashback Rewards" campaigns. Users who utilize margin for the first time during the event period will enjoy 0% interest on their first loan for 30 days, allowing users to experience the capital efficiency of leverage with zero interest.Elio Cui, Head of the Brokerage Business, stated: “BIT is the first to offer margin functionality, completing the client journey from account opening and trading to capital leverage. This allows BIT clients to enhance investment efficiency and gain early access to the world’s most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem.”BIT also reminds users that while margin trading improves capital efficiency, it also carries corresponding risks. Users should fully understand the margin rules and risk control mechanisms and participate prudently based on their own risk tolerance.
Argentine police arrested 24 people and seized over $8 million in cryptocurrency during the operation
the Attorney General's Office of Buenos Aires Province, Argentina, coordinated with judicial authorities and police in multiple regions to launch a large-scale joint operation codenamed Fake Coins targeting cryptocurrency fake investment scams. Police conducted 90 simultaneous searches nationwide, arresting 24 suspects. The operation successfully intercepted and seized a total of 8 million USDT, valued at over $8 million, along with nearly 6 million Argentine pesos in cash and a large number of electronic devices.Investigations revealed that the criminal group induced victims to invest through social media and fake apps, with total losses amounting to nearly 3 billion pesos. The San Isidro judicial department seized the majority of the crypto assets during an investigation into a Chinese criminal group, which developed malware to steal user information for money laundering purposes. Part of the funds were reportedly converted to USDT through Binance P2P transactions. (infobae)
Federal Reserve’s Kashkari: Prolonged Iran War Could Trigger a 'Series' of US Rate Hikes
: According to Nikkei Asia, Federal Reserve Bank of Minneapolis President Neel Kashkari stated that the Fed may implement a "series" of interest rate hikes in response to inflationary issues triggered by the situation in the Middle East. During the FOMC meeting in late April, the Fed maintained interest rates unchanged. Kashkari and two other officials opposed the decision to include language in the Fed's statement hinting at future monetary policy easing. In a written interview, Kashkari said, "I believe the next interest rate adjustment could be a rate cut, or it could be a rate hike," thereby expressing his differing viewpoint. Kashkari stated that the outcome depends on inflation trends, which hinge on whether the Strait of Hormuz will reopen soon or remain effectively closed due to further damage to infrastructure in the region, the latter of which would exacerbate global energy shortages. Kashkari noted that the concern is that long-term inflation expectations of businesses and households "could become unanchored." He indicated that the FOMC "would likely need to respond forcefully," and rate hikes, possibly even a series of them, might be necessary. (Source: Jinshi Data App)
HTX has listed SHAZ, GEV, SNOW, and APP perpetual contracts and launched a contract trading competition.
According to the official announcement, HTX listed SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT perpetual contracts on July 13, with a maximum leverage of 10x for all. Additionally, HTX launched the SHAZ, GEV, SNOW, and APP contract trading competition from 15:00 on July 13 to 15:00 on July 20 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on their trading volume ranking; new contract users who complete contract trading of event tokens will also receive exclusive benefits.
Binance Will List USDT Perpetual Contracts for Four US Stocks: GEV, VRT, SNOW, and APP
According to the official announcement, the Binance Futures platform will list the following USDⓈ-M TradFi perpetual contracts in batches on July 10, 2026: • 08:30 (UTC): GEVUSDT Perpetual Contract (tracking GE Vernova, NYSE: GEV) • 08:35 (UTC): VRTUSDT Perpetual Contract (tracking Vertiv Holdings, NYSE: VRT) • 08:40 (UTC): SNOWUSDT Perpetual Contract (tracking Snowflake, NYSE: SNOW) • 08:45 (UTC): APPUSDT Perpetual Contract (tracking Applovin, Nasdaq: APP) All four contracts are settled in USDT, with a maximum leverage of 25x, a funding rate cap of ±2%, settlement every eight hours, and support for 24/7 trading.
Binance APP Futures Section Officially Launches Price Prediction, Supported by predict.fun
the futures section of the Binance APP has officially launched cryptocurrency price prediction, a service directly supported by predict.fun.Currently, the Spot, Futures, and Web3 Wallet sections of the Binance APP all provide direct access to cryptocurrency price prediction. Users can update their Binance APP to the latest version to access the prediction entry.
BIT Margin Trading is about to launch public beta, with professional trading capabilities continuously upgrading
Odaily Odaily News BIT (formerly Matrixport) has officially launched its Margin Trading feature and will open public beta on June 26. BIT is the first platform in the crypto industry to offer a margin function. Users can now submit margin applications through the official website or APP. BIT will review applications based on account status and risk management requirements and gradually open margin limits.In addition, features such as securities lending are also in preparation and will be gradually rolled out in accordance with regulatory requirements and product progress.During the public beta, BIT is simultaneously launching the "First Margin Borrow · Limited-Time Zero Interest" and "Interest Cashback Rewards" campaigns. Users who utilize margin for the first time during the event period will enjoy 0% interest on their first loan for 30 days, allowing users to experience the capital efficiency of leverage with zero interest.Elio Cui, Head of the Brokerage Business, stated: “BIT is the first to offer margin functionality, completing the client journey from account opening and trading to capital leverage. This allows BIT clients to enhance investment efficiency and gain early access to the world’s most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem.”BIT also reminds users that while margin trading improves capital efficiency, it also carries corresponding risks. Users should fully understand the margin rules and risk control mechanisms and participate prudently based on their own risk tolerance.
After the financing news broke, DeepSeek launched an image recognition mode, but it couldn’t identify Liang Wenfeng
: DeepSeek has officially launched the image recognition mode on its web version, while the app is still in the internal testing phase. Functionally speaking, the newly launched image recognition mode is still in its early stages. The reporter repeatedly tested the model using photos of DeepSeek founder Liang Wenfeng. After several minutes of deliberation, the model gave many incorrect answers and ultimately admitted, "I am really not sure. It is not recommended to guess the name because guessing wrong is worse than saying 'I don’t know.'" In other tests by netizens, when presented with a photo of founder Liang Wenfeng, DeepSeek even misidentified him as Yang Zhilin, founder of Moonshot AI, or a "younger version" of Ma Huateng.It is worth noting that just before the launch of the image recognition mode, DeepSeek was reported to have secured its first round of financing, exceeding 50 billion yuan. According to reports, the core investment terms for DeepSeek are: whether for major tech companies or VC funds, Liang Wenfeng’s most important requirement is: not to poach DeepSeek’s employees or suggest they leave to start their own ventures. The reporter inquired about the relevant situation with an insider from DeepSeek and learned that this account is largely accurate. (The Paper)
OKX Becomes One of the First Partners of Mastercard’s Agent Pay for Machines
According to official announcements, OKX has become one of the first partners of Mastercard’s newly launched Agent Pay for Machines (AP4M). AP4M targets high-frequency, low-value, and automated “machine-level” payment scenarios between AI Agents and supports multiple settlement methods, including bank cards and stablecoins. OKX will integrate into this ecosystem via its Agentic Wallet and the Agent Payments Protocol (APP). AP4M is built upon Mastercard’s Agent Pay, launched in 2025, aiming to provide payment infrastructure for commercial activities among AI Agents. Over 30 organizations are among the initial participants, including Stripe, Ant International, Cloudflare, Coinbase, and OKX—spanning payment, blockchain, and AI infrastructure sectors.
Related news
Bitget has completed dividend distributions for 63 stocks including Micron Technology and TSMC
According to an official announcement, Bitget has completed dividend distributions for 63 US stocks and ETFs, including rMU (Micron Technology), rQQQ (Nasdaq 100 Index ETF), and rTSM (Taiwan Semiconductor Manufacturing Company). Bitget has proportionally settled USDT dividend payments to users holding the relevant stocks at the snapshot time, with the entire process handled automatically, requiring no action from users. This dividend distribution covers multiple asset categories, including technology, semiconductors, communications, and index ETFs.Users can view the specific details by going to the APP's "Assets" - "Financial Records" - "Spot" - "Others" - "Dividends" or the Web's "Asset Overview" - "Spot Orders" - "Fund Flow" - "Others" - "Dividends". The final credited amount and time are subject to the actual platform credit and page display.
Cash out $400 million or act as the firefighter for Base App? Cobie personally responds to taking over Base App: Embracing challenges, seeing results in one month
Odaily reports: In response to community members' comments that "I thought Cobie cashed out $400 million from Coinbase, but instead he ended up working for free for a billionaire," Cobie responded in a post: "I decided to make my life super stressful and busy instead of relaxing and doing nothing, so now I'm in charge of the trading products at Coinbase (Coinbase App / Pro / Base App / etc.).I can't explain why I'm doing this, except that I'd rather have a chance to build something truly good than play Factorio. So maybe I'm a fool, but let's see." Subsequently, he added: "If you want me to fix something (implying taking over the Base App), just tell me what's broken. If it's not fixed within a month, then you can call me out (implying that results will be seen within one month)."
HTX has listed SHAZ, GEV, SNOW, and APP perpetual contracts and launched a contract trading competition.
According to the official announcement, HTX listed SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT perpetual contracts on July 13, with a maximum leverage of 10x for all. Additionally, HTX launched the SHAZ, GEV, SNOW, and APP contract trading competition from 15:00 on July 13 to 15:00 on July 20 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on their trading volume ranking; new contract users who complete contract trading of event tokens will also receive exclusive benefits.
Binance Will List USDT Perpetual Contracts for Four US Stocks: GEV, VRT, SNOW, and APP
According to the official announcement, the Binance Futures platform will list the following USDⓈ-M TradFi perpetual contracts in batches on July 10, 2026: • 08:30 (UTC): GEVUSDT Perpetual Contract (tracking GE Vernova, NYSE: GEV) • 08:35 (UTC): VRTUSDT Perpetual Contract (tracking Vertiv Holdings, NYSE: VRT) • 08:40 (UTC): SNOWUSDT Perpetual Contract (tracking Snowflake, NYSE: SNOW) • 08:45 (UTC): APPUSDT Perpetual Contract (tracking Applovin, Nasdaq: APP) All four contracts are settled in USDT, with a maximum leverage of 25x, a funding rate cap of ±2%, settlement every eight hours, and support for 24/7 trading.
Binance APP Futures Section Officially Launches Price Prediction, Supported by predict.fun
the futures section of the Binance APP has officially launched cryptocurrency price prediction, a service directly supported by predict.fun.Currently, the Spot, Futures, and Web3 Wallet sections of the Binance APP all provide direct access to cryptocurrency price prediction. Users can update their Binance APP to the latest version to access the prediction entry.
Today, foreign investors sold off approximately $1.493 billion worth of stocks in the South Korean market, while retail investors stepped in to buy the dip.
despite another sharp decline in the South Korean stock index today, retail investor funds continued to show net inflows, with net purchases reaching 2.3179 trillion KRW (approximately $1.522 billion). However, foreign investors sold 2.274 trillion KRW (about $1.493 billion), driving the overall market down. Institutions also sold stocks worth 63.2 billion KRW. (Financial Post)According to Gate data, South Korea's KOSPI index plunged 8% intraday, with SK Hynix and Samsung Electronics falling around 10%. (Jinshi Data APP)