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Binance has launched SpaceX pre-IPO perpetual futures contracts, becoming the first major crypto exchange to offer derivatives tied to SpaceX’s pre-public market valuation. The move comes as SpaceX filed for its IPO this week under the ticker “SPCX,” with valuations reaching as high as $2 trillion. The perpetual contracts allow traders to gain exposure to SpaceX’s valuation before shares begin trading on public markets. Binance said the product settles against private market valuation data, enabling users to go long or short without holding actual equity. Elon Musk stands to become the world’s first trillionaire if the IPO succeeds. ...

Colorado Democrats have formally censured Governor Jared Polis over his decision to commute the sentence of Tina Peters, a former county elections official. Peters was convicted for her role in a 2021 voting machine data breach in Mesa County, Colorado. Polis’s commutation sparked a fierce backlash within the Democratic Party, with the state party passing a formal censure resolution. The incident highlights divisions within the party over election security and judicial matters at the state level. ...

UK trading platform IG Europe has partnered with crypto platform Bitpanda to offer cryptocurrency trading to its EU clients. “Our clients want crypto exposure from a platform they trust. This partnership delivers it,” said IG Europe’s Managing Director. The move reflects growing traditional finance adoption of crypto services. Bitpanda, headquartered in Austria, is one of Europe’s leading crypto service providers with regulatory licenses across multiple EU member states.

Samsung Electronics has suspended a planned strike while union members vote on a tentative agreement. The walkout was set to begin Thursday. The core dispute centers on demands for workers to share in profits from Samsung’s booming AI chip business, alongside base pay increases. Samsung is the world’s largest memory chip maker, with AI-related product demand surging over the past year. Union leaders argue that employee compensation has not kept pace with the company’s AI success. If the vote rejects the tentative deal, strikes could resume at any time, potentially disrupting Samsung’s global semiconductor production. ...

After four years of Russia’s full-scale invasion, Ukraine has made significant advances in air defense, deploying a combination of AI technology and interceptor systems to counter drone attacks. Ukrainian military officials say their air defense has evolved from reactive measures to a multi-layered integrated system. AI is being used for target identification and threat assessment, improving interception rates. Analysts note that Ukraine’s drone defense experience is reshaping global air defense strategies, with multiple nations studying tactical data accumulated during the conflict. ...