News linked to both this project and an event.
According to the official announcement, Bitget has launched the USDBRL (US Dollar vs Brazilian Real) forex perpetual contract. The contract is settled in USDT, supports leverage of up to 100x, and enables 24/7 trading.
Odaily News, according to an official announcement, to meet users' diversified investment needs, Bitget has listed EURUSD, USDJPY, and GBPUSD forex perpetual contracts. These contracts are settled in USDT, support up to 100x leverage, and offer 7×24-hour trading.
Odaily News, Dubai-based cryptocurrency exchange Bybit has launched USDT-settled forex perpetual contracts covering three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. The contracts support 24/7 trading with up to 100x leverage available.These contracts have no expiry date, with all profits and losses settled in USDT. Traders simply track the price movements of the underlying currency pairs without taking ownership of the corresponding currencies. The product has been added to Bybit's TradFi Perpetuals lineup launched in April, which currently covers over 200 assets including stocks, commodities, ETFs, and pre-IPO companies. (Cointelegraph)
Bybit has announced the launch of USDT-margined forex perpetual contracts with up to 100x leverage. The product covers major G10 currency pairs such as EUR/USD, providing a 24/7 uninterrupted trading experience, and aims to further expand its footprint in the traditional financial sector.
Bybit today added three forex perpetual contracts: EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT, supporting up to 100x leverage.
Odaily News, according to the official announcement, Gate's CFD XAUUSD gold contracts have now introduced 5x and 10x leverage tiers exclusively across the network, further enriching the leverage options available for gold CFDs. Following the upgrade, Gate gold CFDs support multiple leverage levels including 5x, 10x, 20x, 50x, 100x, 200x, and 500x, allowing users to flexibly choose based on market conditions, capital scale, and their own risk tolerance.In addition, Gate gold CFDs support two-way trading and USDT settlement, and offer risk management tools such as take-profit and stop-loss orders to help users trade gold with greater flexibility.
Odaily News: Nate, co-founder of Long.xyz, stated on the X platform that Long.xyz will continue to build related assets and products around Robinhood Chain, adhering to the "RWA pairings only" development direction, which focuses on RWA asset pairings. He believes this model is expected to create a brand-new asset class and further bridge on-chain assets with the real world.Nate stated that both BONER and MEME experienced rapid growth after their launches, and continued to develop after their initial surges, with the liquidity of related assets continuously deepening. He believes that Long.xyz's RWA pairing model has been preliminarily validated, is still in its early stages, and the next phase goal is to further expand scale and move toward "100x" growth.
Odaily News: Connecticut Attorney General William Tong and State Banking Commissioner Jorge Perez issued a consumer alert on September 3 stating that a resident deposited $200,000 into an unregulated DeFi crypto trading platform following suspected deception, and the funds are currently unrecoverable.The alert lists seven offshore DeFi platforms—GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid—but does not specify that the resident used any of them.Connecticut officials noted that some platforms offer leverage of 50x, 100x, and up to 250x; the related perpetual contracts also involve risks associated with liquidation, funding rates, smart contracts, and oracles.The alert also covers perpetual contracts linked to Apple, Tesla, Nvidia, and SpaceX, stating that these correspond to synthetic prices rather than actual stocks. Officials remind residents to verify the registration status of crypto services, retain transaction and communication records, and promptly report suspected scams. (Bitcoin.com News)
Odaily News, according to the official announcement, Bitget CFD will adjust the leverage and margin tier rules for XAUUSD (Gold/USD) and USDCNH (USD/Offshore CNY) starting August 15.Among them, when the notional value of XAUUSD contracts is below $100,000, up to 800x leverage is supported; when the notional value of USDCNH contracts is below $1,000,000, up to 100x leverage is supported. For positions exceeding the corresponding thresholds, the platform will adopt a tiered margin calculation method, with margin rates adjusting as the notional value of positions increases. Users can reasonably allocate positions based on their own asset needs.
Justin Drake stated that Ethereum L1 will no longer adopt the SNARK-friendly hash function Poseidon, which has dominated since 2019, shifting toward traditional hash functions such as SHA2 or BLAKE2s. This adjustment is based on progress in the SNARK design space, with the focus shifting from "SNARK-friendly hashing" to "hash-friendly SNARKs." By natively aligning Boolean operations in traditional hashing with binary fields, the proving performance of traditional hashes in SNARKs has reached 1 million operations per second, with an overhead of approximately 100x. Research efforts such as Binius and Flock have driven related progress. The Ethereum Foundation's post-quantum team is advancing this roadmap, which includes deploying a production-grade leanVM in 2027 and deploying across the consensus layer, execution layer, and data processing layer in 2028. Justin Drake also noted that AI's enhanced capabilities in cryptanalysis have recently dealt successive blows to the lattice-based scheme HAWK and the isogeny-based scheme SQIsign, with hash-based schemes being used for blockchain post-quantum signatures. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.
CZ expressed regret over BitMEX's closure announcement, recalling that BitMEX pioneered the 100x leveraged perpetual contract in the crypto market in 2014, driving industry development.CZ noted that BitMEX only supported BTC deposits and single-chain operations at the time, and adopted a once-daily, multi-signature wallet batch withdrawal process. These seemingly inconvenient designs, he said, actually helped the platform avoid hacker attacks over the long term.He also mentioned that BitMEX's four co-founders admitted to violating the Bank Secrecy Act (BSA) one month before their trial, each being fined $10 million and sentenced to home detention, with no prison time. However, CZ believes that BitMEX's business ultimately couldn't withstand the "War on Crypto" during the Biden administration.In conclusion, CZ stated that BitMEX is currently winding down in an orderly fashion, users can still withdraw assets, and he paid tribute to co-founder Arthur Hayes.
According to the official announcement, to provide more Binance futures trading options and enhance the user trading experience, the Binance Futures platform will list perpetual contracts at the following times: July 01, 2026 17:00 (UTC+8): BTCU Perpetual Contract, maximum leverage up to 100x; July 01, 2026 18:00 (UTC+8): ETHU Perpetual Contract, maximum leverage up to 100x.
According to the official announcement, Bitget has adjusted the leverage, position tiers, and maintenance margin rates for the SPCXUSDT USDⓈ-M perpetual contract trading pair. Leverage has been increased up to 100x, depending on position size. Users’ existing positions prior to the update will be affected, and users may adjust the relevant parameters according to their asset allocation needs. For more details, please refer to the Bitget official platform.
According to Odaily, Kraken announced that its Kraken Pro platform has increased the maximum leverage for Bitcoin and Ethereum perpetual swaps from 50x to 100x. This applies to two USD cash-settled perpetual contracts, PF_XBTUSD and PF_ETHUSD, which continue to support 24/7 trading.Per the announcement, the 100x leverage is now available to international users in eligible regions. No account migration or additional application is required; existing Kraken Pro contract users can access it directly. The leverage mechanism adopts a tiered model: for BTC contracts, up to 100x leverage is available on the first $1 million in notional position size, with automatic reduction to lower leverage tiers for amounts exceeding that threshold. For ETH contracts, the maximum 100x leverage applies to the first $500,000 in notional position size. The platform emphasized that the leverage adjustment is not a "one-size-fits-all" switch, but rather a dynamic tiered calculation based on increasing position size.
The People’s Daily published an article titled “Disrupting the Capital Market: Beware of These Irregularities by Financial Self-Media Accounts,” which named certain accounts for disseminating false return information—such as “100x coins” and “earning millions per month from crypto trading”—to drive traffic to virtual currency trading. The article reiterated a prior notice issued by the People’s Bank of China and seven other departments, emphasizing that activities related to virtual currencies constitute illegal financial activities. It further pointed out that accounts and platforms providing traffic-driving or technical services for illegal virtual currency trading are suspected of violating laws and regulations, potentially jeopardizing financial security and anti-money laundering efforts.