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News List
News Detail

Drift renamed to Velocity, promoting restart of Solana based new platform

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On July 1st, Drift, a perpetual contract trading platform, announced its renaming to Velocity and is pushing for the restart of a new generation trading platform based on Solana. Velocity plans to open a private beta version to some partners and traders in the coming days to verify the stability and performance of the new generation perpetual contract trading system.

24/7 Flashes

Today 2026-07-01

16:22

US President Trump claims Micron Technology has invested $250 million in his personal account

US President Trump announced that Micron Technology has invested $250 million in Trump's account.

16:18

The Dow Jones Industrial Average hits a new intraday high and is now up 0.79%

According to BIT market data, the Dow Jones Industrial Average has hit a new intraday high and is now up 0.79%.

16:14

ARK CEO Cathie Wood buys $75 million worth of Bitcoin related assets

ARK CEO Cathie Wood has purchased over $75 million worth of Bitcoin related assets. （The Bitcoin Historian）

16:14

CeFi lending market shrinks to $23.3 billion

The size of the CeFi lending market in the fourth quarter of 2024 decreased by 6% month on month to $23.3 billion, marking the first contraction since the third quarter of 2024. Tether has a market share of 68%, while Nexo, Maple, and Coinbase have seen growth in their lending scale. Galaxy's lending scale has decreased by 21%, and Ledn's lending scale has decreased by 19%. （CryptoQuant）

16:12

Jefferies warns against buying the dip in Circle as Open USD raises new competition fears

The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.