Binance will airdrop 3500 EPT tokens to eligible users

Google parent company Alphabet’s massive bond offering has attracted around $115 billion in subscription demand. Earlier reports noted that Alphabet is preparing to issue a new round of US corporate bonds, targeting a maximum raise of $25 billion. The bonds are structured into up to 10 tranches with maturities ranging from 2 to 40 years, and the final offering size remains undecided. The proceeds will be used to fund Google’s continued expansion of AI infrastructure.

Iranian media Fars News reported that Iran’s parliament is reviewing a draft bill aimed at strengthening control over transit rules in the Strait of Hormuz and Persian Gulf. Key proposals include: banning vessels linked to the U.S., Israel and other hostile countries from transiting; restricting the transport of civilian and military goods related to Israel; limiting ship traffic related to operations against the "Axis of Resistance"; and denying navigation access to entities that owe compensation payments to Iran. Violations will be subject to fines of up to 20% of the value of the goods. The bill is still under review and has not yet been approved. (Jinshi)

Tesla (TSLA) announced earlier this year that SpaceX and it had launched the "Terafab" project—the world’s largest chip manufacturing initiative, integrating logic chips, memory chips, and advanced packaging technologies in a single facility. In April, Tesla broke ground on a new R&D wafer fab at the North Campus of its Texas Gigafactory, which served as the precursor to Terafab. Today, the company formally announced that Terafab will be located in Grimes County, Texas. The facility will be an advanced semiconductor wafer fab designed to bridge the massive gap between current global chip supply capacity and future computing demand. SpaceX and Tesla’s combined chip requirements are projected to exceed 1 terawatt (TW) of computing power, a scale far outstripping today’s global supply capacity. The company expressed deep gratitude to its existing chip suppliers and encouraged them to expand production capacity where feasible, adding that the widening gap between future supply and demand is the core reason for the Terafab project. Terafab aims to produce new computing power at an unprecedented scale and speed. The project plans to build a vertically integrated factory spanning over 100 million square feet, covering the manufacturing, packaging, and testing of advanced logic and memory chips. Centralizing these processes in one location will facilitate rapid iterative improvements and accelerate the deployment of new computing capabilities. (Jinshi)

According to official announcements, Trade.xyz has launched contract trading for the Roundhill Photonics & Optics ETF (LYTE), with support for up to 10x leverage.

According to Bitget data, Brent crude oil surged 3.00% intraday, currently trading at $81.17 per barrel. WTI crude oil rose 2.67%.

According to a report in The Economist, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), wrote that the global derivatives market’s notional value has exceeded $1.2 quadrillion, with nearly half falling under CFTC jurisdiction. Amid the proliferation of automated trading, artificial intelligence, algorithmic execution, and real-time decision-making, the U.S. will not adopt a regulatory model based on limited trading sessions, single exchanges, and traditional screen-based trading markets. Selig stated that the CFTC has approved the first "true" Bitcoin perpetual contract as a futures contract, and is exploring the use of regulated stablecoins as collateral. Beyond crypto assets, a major U.S. exchange launched the first all-day gold futures trading service this year, and the CFTC is also discussing with market participants the potential development of non-crypto asset perpetual futures. He added that prediction markets fall exclusively under the CFTC’s jurisdiction, and possess value in information aggregation, forecasting, and price discovery. In response to nine European financial regulators’ claim that prediction market event contracts should be classified as gambling, Selig argued that this view misinterprets the structure of such contracts and overlooks their role in economic indicator and election forecasting. Selig noted that cross-border regulatory cooperation remains valuable, but international agreements and regulatory arrangements should be continuously updated to align with evolving market structures and technological developments. The U.S. will continue to set global standards by encouraging innovation and upholding market integrity, rather than waiting for broad international consensus to form.