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According to official news, Websea has completed a major upgrade of the contract insurance airdrop rules on July 30, 2026. After the upgrade, the insurance α pool will airdrop a fixed amount of 1 USDT for new nodes each period, and the insurance β pool will airdrop a fixed amount of 0.7 USDT for new nodes each period, with a maximum of 100 airdrops for both pools, and the total amount is fixed and transparent.Websea's contract insurance aims to provide an additional risk buffer for every opening position, helping users reduce risk concerns amid fluctuations in the derivatives market. This upgrade focuses on simplifying the rules and enhancing transparency, allowing users to calculate the amount for each period, the number of airdrops, and the total cumulative amount in advance, without facing fluctuating variables.

According to Deribit data, a nominal value of 10.3 billion dollars in cryptocurrency options will expire tomorrow.Among them: BTC options have a nominal value of 9.5 billion dollars, with a put/call ratio of 0.28 and a maximum pain point of 64,000 dollars; ETH options have a nominal value of 819 million dollars, with a put/call ratio of 0.59 and a maximum pain point of 1,800 dollars.

According to Edaily, the Financial Services Commission (FSC) of South Korea plans to jointly draft a unified government bill for the "Basic Law on Digital Assets" with the ruling Democratic Party, covering the issuance and circulation of stablecoins, business rules for digital assets, exchange admission requirements, information disclosure, internal control, and system resilience standards. Currently, there are 10 related bills pending review in the National Assembly, but there has not yet been consensus on core disputes such as whether the issuers of won-pegged stablecoins must be bank holding companies and whether to impose shareholding restrictions on major exchanges. The FSC has not yet determined the submission date for the bill.Meanwhile, the opposition party's People Power Party lawmaker Song Yeon-sik submitted a proposal to abolish the cryptocurrency income tax amendment to the National Assembly's Finance and Economy Planning Committee for review on Wednesday. Additionally, a tax abolition petition supported by over 50,000 people is also expected to be submitted to the petition subcommittee. According to the current plan, starting from January 1, 2027, cryptocurrency transfers or lending income exceeding 2.5 million won per year will face a 20% income tax plus a 2% local tax. The government and the ruling party support the timely implementation, while the opposition party believes it is unfair to tax cryptocurrencies when most ordinary stock investors remain tax-exempt.

According to Decrypt, the Myanmar parliament passed a law on Tuesday that allows for the death penalty for those who coerce others into engaging in online fraud through violence or illegal detention.According to the draft bill released in May this year, if such abusive behavior results in the death of the victim, the death penalty should be imposed. The new law also stipulates that individuals operating online fraud parks or implementing "digital currency fraud (cryptocurrency fraud)" can be sentenced to life imprisonment; while criminals who commit violent coercion, illegal detention, and other acts can be sentenced to 10 years to life imprisonment.

Coinbase posted on the X platform stating that users can borrow up to 100,000 USDC by staking SOL through jitoSOL, and continue to earn staking rewards, with the borrowed funds available for immediate use.

According to a report by Nikkei Asia citing multiple informed sources, TSMC (TSM.N) plans to raise the foundry prices for advanced and mature process chips by up to 10% in 2027, in response to rising costs of materials, manufacturing equipment, and the construction of new overseas plants. TSMC has begun discussions with customers regarding the price increase, which involves 7-nanometer and more advanced processes. This segment contributed approximately 77% of TSMC's revenue in the quarter from April to June this year.Informed sources indicated that the basic price increase will range from 5% to 10%, depending on the customer and product. For new orders of high-performance computing (HPC) chips that exceed the customer's original forecast, TSMC plans to impose an additional premium of 10% to 15% on top of the basic price increase. As a result, the overall price increase for some advanced process chip orders may exceed 10%. In terms of mature processes (including 12-nanometer, 16-nanometer, 28-nanometer processes, and other traditional technologies), TSMC plans to raise prices by up to 10%, but some products will see increases below this level. The mature process business accounted for about 23% of the company's revenue in the last quarter. Informed sources stated that relevant negotiations began around June and were finalized in July, with the new prices set to take effect in early 2027.

According to Onchain Lens monitoring, the largest short position in ETH, pension-usdt.eth, holds 50,000 ETH short contracts, worth approximately $93.3 million, currently facing an unrealized loss of about $8.31 million.This whale has historically accumulated a profit of $35.6 million.

According to a post by Frank Chaparro, GSR's Director of Strategic Communications, Visa is hiring for a "Sr Director, Stablecoin Labs" position in New York, with a maximum annual salary of $400,900, plus bonuses and equity incentives.The job listing indicates that this position will be responsible for Visa's Web3 and stablecoin product roadmap, exploring new commercialization application scenarios, and participating in the planning of the company's next-generation stablecoin payment products. Frank Chaparro believes this further indicates that stablecoins are becoming a core priority in the global payments sector.

The on-chain digital asset management neobank ether.fi has chosen Nexus Mutual to provide ETH slashing coverage, covering slashing penalties for its validators up to a maximum of 15,000 ETH. ether.fi stated that it operates a large-scale validator set on Ethereum, and slashing is considered a tail risk.This coverage is used to cover validator losses, exceeding the total historical ETH slashing losses. ether.fi currently manages over $6 billion in assets across products such as Cash, Stake, and Liquid. Since 2019, Nexus Mutual has provided over $7 billion in coverage for smart contract attacks, slashing, and other digital asset risks.

According to the Ethereum Magicians forum, developer Leo Glisic officially released Privacy Guardians 2 and announced the open-sourcing of its design. The project is positioned as a decentralized privacy payment system aimed at maximizing privacy protection for on-chain payments to combat issues such as freezing and monitoring present in centralized payment solutions (like OUSD launched by Corpo Consortium).The current V1 version includes multiple modules such as private payment mechanisms, insurance mechanisms, honeypot designs, exchange rate management, liquidity pools, and metadata processing. Glisic stated that this version is still in the early stages and has significant room for optimization in areas such as cryptographic security, incentive mechanism alignment, and capital efficiency, and he called on the community to participate in its improvement. The white paper has been simultaneously published on glisic.xyz.

According to Bits.media, Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma of Russia, stated that the second and third readings of the criminal liability bill for illegal cryptocurrency transactions will be postponed until the new State Duma is reviewed. The reason is that the Duma's spring session will end on July 27, and there will be an election recess from August to September, with the Duma election voting ending on September 20. Therefore, the review will not resume until the autumn session at the earliest.The bill completed its first reading in early July, with a maximum penalty of 7 years in prison for organizing illegal cryptocurrency circulation. The relevant penalty provisions are proposed to officially take effect on July 1, 2027. Under the current regulatory framework, Russian citizens can only buy and sell cryptocurrencies through institutions holding a license from the Central Bank of Russia, and P2P and over-the-counter transactions may face criminal liability. Aksakov denied concerns that the bill would affect cryptocurrency exchanges and P2P users, stating that the related worries are "unfounded." Meanwhile, another Russian government initiative to strengthen state control over cryptocurrencies, the "Digital Currency and Digital Rights Law," has also been postponed, with the original timelines for implementation in July and September now missed.

According to official news, Gate announced the launch of the interest-earning feature for stock and CFD account assets, allowing users to earn automatic returns on eligible idle USDT and USDx in their accounts while participating in stock trading, IPOs, and CFD trading. This feature uses a tiered interest mechanism, matching interest levels based on the USDT balance in the stock account and the USDx balance in the CFD account. A single account balance exceeding 1,000 USDT or USDx can participate in interest calculation, with a reference annualized return rate of up to 3.00%.

Bitget launches VIP exclusive BTC financial management, with the event ending on July 19 at 18:00 (UTC+8). This event is aimed at VIP users who participated in ARX PoolX between July 7 at 18:00 and July 14 at 18:00 (UTC+8). Eligible users can subscribe to the BTC flexible simple earning product, enjoying up to 2.5% APR. For more details, please refer to the Bitget official platform.

According to official news, the Gate stock derivatives section will launch on July 14 at 14:00 (UTC+8) with the debut of BOT (robot strategy closed-end fund), INTW (2x long Intel daily leveraged ETF), SNXX (2x long Sandisk daily leveraged ETF), XBI (State Street S&P Biotechnology ETF), and APP (Applovin) perpetual contract trading (settled in USDT), supporting 1-20x leverage.