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Oman has proposed establishing two separate shipping lanes in the Strait of Hormuz during talks with Iran, according to sources. The southern lane would allow free passage through Omani waters, while the northern lane crossing Iranian territorial waters would require prior permission but no fees. Negotiations are ongoing.
Read MoreThe U.S.-Iran standoff over the Strait of Hormuz is not militarily solvable. With both sides entrenched, prolonged conflict risks permanently inflating global fuel and food prices. Diplomatic resolution remains elusive due to conflicting definitions of victory and entrenched strategic interests.
Read MoreIn a six-week operation, Singapore police partnered with major crypto exchanges to identify and intervene in potential scam cases. Using blockchain analytics, they prevented over $4.2 million in losses for 145 individuals, highlighting effective public-private collaboration against cybercrime.
Read MoreDriven by surging AI demand and production bottlenecks, next-gen HBM4 memory prices could double from $2/Gb to $4-5/Gb or more by late 2026, due to extreme manufacturing complexity and high wafer consumption.
Read MoreBinance Wallet now supports Robinhood Chain, allowing users to directly access and trade tokens on the chain via its app and browser extension. This integration streamlines multi-chain operations, offering a more unified asset management experience and expanding ecosystem accessibility.
Read MoreRipple CEO Brad Garlinghouse revealed the company nearly shut down after the SEC's 2020 lawsuit. Faced with distributing XRP to shareholders, they chose a $150 million legal battle instead, saving hundreds of jobs and ultimately securing a landmark court ruling that XRP isn't a security.
Read MoreTurkish prosecutors charged a massive money laundering network involving $8.5 billion. 504 suspects allegedly used shell companies, bank accounts, and crypto transactions to conceal illicit funds and lure victims with fake investment schemes. Key suspects face over 30 years in prison.
Read MoreThe Bitcoin BIP-110 proposal, which seeks to restrict non-financial data on the blockchain, faces near-zero miner support as its deadline approaches. Industry leaders oppose it, warning it could turn policy debates into consensus changes. Without broader backing, it risks creating a minority fork.
Read MoreCrypto analysis highlights $64,700 as a pivotal level for Bitcoin. A breakout could propel prices towards $66,400 and $68,000, while failure might lead to a retest of support near $63,000 or $61,500. The hourly close is crucial for confirming the move.
Read MoreThe legal battle over approximately 60,000 Bitcoin in the Qian Zhimin case has escalated. A company receiver has joined the fray, creating a three-way fight against UK prosecutors and Chinese victims. The core dispute centers on the legal nature of the assets and the clash between UK and Chinese law, determining the fate of billions in value.
Read MoreOn-chain investigator ZachXBT reports a suspected LAB team affiliate dumped 18.4M LAB tokens worth $18.3M over 48 hours, crashing the price by 54% from $1.2 to $0.55. The entity received tokens from the team earlier this year. ZachXBT has previously accused the LAB team of opaque token distribution and market manipulation.
Read MoreIran and Oman held talks in Muscat on establishing a joint mechanism for managing navigation in the Strait of Hormuz. Iran emphasized that future arrangements should be negotiated bilaterally, considering recent regional military impacts. Both sides agreed to continue legal and technical consultations, with Qatar also participating in discussions.
Read MoreOn July 12, an Iranian military spokesperson warned the US against creating an "illegal passage" in the Strait of Hormuz, stating it heightens regional tensions. Iran insists the US must adhere to existing memorandums and announced its armed forces are continuously updating a "target list" to protect national interests in the vital waterway.
Read MoreIran's Revolutionary Guards announced a large-scale surprise attack on US naval logistics and aircraft carrier refueling facilities at Oman's Port of Duqm, marking a third-phase response to US military actions and escalating regional tensions.
Read MorePhantom Wallet has confirmed its mobile app is fully operational again after recent performance issues affecting send and swap functions. Users experiencing problems are advised to restart the app.
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