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Deribit and SignalPlus’s 2026 Trading Contest to Offer First-Ever Private Island Grand Prize; Registration Now Open

2 hours ago

According to official announcements, the 2026 trading contest "Island Plan" jointly hosted by Deribit and SignalPlus has officially opened registration, with a total prize pool of up to 600,000 USDC. This year’s event introduces a private island grand prize for the first time, and features multiple gameplay formats including individual competitions, team events, daily rewards, block trading incentives, and referral rewards, with details as follows: 1. Registration Bonus: All users who register by binding their Deribit API to SignalPlus will receive a USDC bonus. 2. Balance Reward: Users with an active balance in their Deribit account will be entered into a draw for an Insta360 X5 camera. 3. Referral Reward: Invite friends to participate in a draw for the Canadian Island Grand Prize worth 30,000 USDC. 4. Block Trading Reward: Block trading participants are eligible for up to 50% fee reduction, plus entry into a draw for a Turkey trip worth 2,000 USDC. 5. 100% Daily Trading Red Packet: Daily giveaways, with a maximum of 2,300 USDC per user per day. 6. Daily Short-Term Option Trading: Entry into draws for Hermès ties and the Finnish Island Grand Prize worth 60,000 USDC. 7. Weekly Trading Rankings: Weekly rankings for trading volume, PnL (Profit and Loss), and team performance are now available, with a weekly prize pool of 11,050 USDC to be distributed among top performers. Registration is open from now until August 11 (7:59 UTC+8). The contest runs from July 6 to August 11 (7:59 UTC+8). For registration details, please refer to the original link.

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Circle: USDC Becomes the First Stablecoin Supported by BNY’s Digital Asset Custody Platform

According to official announcements, Circle-issued USDC will become the first stablecoin supported on the digital asset custody platform of global financial services firm BNY, as the two parties deepen their cooperation on institutional-grade stablecoin services. BNY clients can now hold USDC in their digital asset custody wallets, and instruct Circle via BNY to mint USDC from U.S. dollars or redeem USDC back to U.S. dollars, covering the full lifecycle of institutional stablecoin operations. Kash Razzaghi, Circle’s Chief Commercial Officer, stated that this partnership is a continuation of the two firms’ long-standing relationship, bridging the gap between on-chain assets and traditional assets for BNY clients. Going forward, the two sides plan to expand this capability to additional stablecoin issuers and digital cash workflows.

5 minutes ago

He Yi on "freezing Satoshi Nakamoto’s Bitcoin after anti-quantum upgrade": This is not CZ’s original idea; his intent is to spark broader discussion.

Recently, CZ stated in an interview that if Satoshi Nakamoto’s Bitcoin addresses remain untouched long after Bitcoin’s anti-quantum upgrade, the associated Bitcoins should be frozen. The remark has sparked widespread debate in the crypto community. In response, He Yi noted: "The threat of quantum attacks is a core argument many in the mainstream community use to claim the Bitcoin network is not viable long-term. Addressing quantum attacks is also one of the key focuses of current discussions in the Bitcoin community. Over the years, the Bitcoin network has remained robust despite hard forks—when problems arise, we solve them. Entrepreneurs have always turned impossibilities into realities. The point CZ raised is one of the existing proposals within the Bitcoin community, centered on how to counter hacker attack threats. This time, he simply brought a topic being debated in the Bitcoin community into a mainstream interview for discussion."

5 minutes ago

BitMine added 27,084 ETH to its holdings last week, bringing its total ETH holdings to around 5.7 million.

BitMine added 27,084 Ether (ETH) to its holdings last week. As of June 28, 2026, its total ETH holdings reached 5,700,040, accounting for roughly 4.7% of Ethereum’s total supply. Currently, BitMine’s total assets—including cryptocurrencies, cash and other investments—are valued at approximately $9.8 billion, comprising $555 million in cash and securities, 206 Bitcoin (BTC), $180 million in equity stakes in Beast Industries, and a $74 million investment in Eightco Holdings. Additionally, its staked ETH holdings have risen to 4,879,157, representing over 85% of its total ETH position and valued at around $7.7 billion, with current annualized staking rewards of roughly $211 million. Tom Lee stated that this week has been challenging for crypto investors, with ETH falling 8%, despite positive developments in the Ethereum ecosystem such as the establishment of Ethlabs and the Bank of England’s softened stance on stablecoins. He noted that the “window dressing” effect typical near quarter-ends has led investors to offload assets that underperformed over the past three months, though the long-term development path of the crypto industry remains positive, supported by two core drivers: the on-chain integration of Wall Street infrastructure and agent-based AI payment systems.

5 minutes ago

Strategy did not buy any Bitcoin last week.

According to an official announcement, Strategy did not sell any Bitcoin last week. It currently holds 847,363 BTC, valued at $54.98 billion, and faces a loss of over $12.9 billion.

5 minutes ago

MicroStrategy is poised to halt its decline, Bitcoin accelerates its recovery, surging over 1% in the past hour.

Following the announcement of Strategy’s Digital Credit Capital Framework, both MSTR and STRC have posted notable rebounds, and are expected to halt their declines and stabilize on the back of this positive development. Meanwhile, HTX market data shows Bitcoin is currently trading at $60,668.35, with a 1.31% gain over the past hour.

5 minutes ago

Interpretation of MicroStrategy's New Plan: Board Authorizes Bitcoin Sales Under Three Scenarios

Strategy today launched its "Digital Credit Capital Framework," establishing a Bitcoin monetization plan and two $1 billion repurchase plans. Under the framework, the board of directors has authorized Strategy to sell Bitcoin periodically for three core purposes: 1. US dollar reserve replenishment: Generate up to $1.25 billion in additional proceeds to boost its US dollar reserves, which currently stand at approximately $2.55 billion (including unsettled proceeds from partial ATM sales). 2. Preferred stock dividend and interest payments: Use Bitcoin sale proceeds for dividend or interest payments when this is more cost-effective than issuing new shares or pursuing other financing, or to replenish reserves after such payments are made. 3. Repurchase support: Fund the aforementioned preferred stock and common stock repurchase plans, including covering related taxes and transaction fees. Important restrictions apply to all three use cases; any Bitcoin sales exceeding the specified purposes or amounts require additional board approval. The framework has no fixed expiration date, does not mandate the sale of any Bitcoin, and the company may modify, suspend, or terminate it at any time. BlockBeats believes this plan is essentially an authorization mechanism, functioning like a toolkit for management to monetize Bitcoin when cash is needed—such as paying high preferred stock dividends, replenishing reserves, or repurchasing shares to support the stock price. Against the backdrop of the crypto bear market, this is a flexible liquidity management strategy Strategy has been forced to adopt, though its core strategy remains long-term Bitcoin holdings and amplifying its exposure to Bitcoin through financial instruments.

5 minutes ago