Key Takeaways Iran threatened to close the Strait of Hormuz, risking renewed oil market stability after an IDF blitz. CENTCOM countered on June 20, reporting 55 ships moved 17M barrels to stabilize oil prices. Oil dropped to $77, and Bitcoin topped $66K after the ceasefire, but a Strait closure would hit risk assets. Iran Announced…
In brief Activity on the Bitcoin network has been trending up, reaching levels not seen since 2024. But while transaction counts are growing, the value of the transactions is relatively small. Bitcoin transactions of less than 0.01 BTC and 0.001 BTC now make up around 80% of the total network activity. Transaction counts on the…
Dow Jones futures: Iran closed the Strait of Hormuz after the stock market rose last week on the interim deal. Nvidia is near a buy point. SpaceX stock needs this. Source link
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets (MiCA) legislative framework. Some have already dubbed the expected new framework “MiCA 2.0.” Katie Harries, director and head of policy for…
Bitcoin is not having a good time as Strategy STRC peg finally snapped, Iran peace talks stalled before they even started, and Microsoft just told every Windows user touching crypto to wake up. Strategy chairman, Saylor, dropped a tweet this morning that felt way too calm for him. There is fire, no shill energy in…
Key Takeaways Alex Thorn said 52 named wallets moved 34,335 BTC after filing, challenging abandonment claims. 12,302 BTC have been moved since they were served onchain. Galaxy Research tracked $2.48B in BTC movements, adding scrutiny to the plaintiffs’ theory. Nearly 200 BTC from a so-called abandoned 2012 wallet moved on June 19. Judge Kathy King…
Legacy Aztec Network contracts were drained of over $4M in three days. Attacks exploited flaws in zero-knowledge proof verification logic. The core Aztec network and AZTEC token were not affected by the exploits. Aztec’s legacy infrastructure has come under a coordinated wave of attacks, leading to losses that crossed $4 million within just three days….
Texas spent years courting AI companies, cloud providers, and Bitcoin miners with cheap electricity, abundant land, and a sales tax exemption that’s grown into one of the state’s costliest incentive programs. But now, Governor Greg Abbott has told state regulators to flip the arrangement, directing them to require data centers to fund the grid they…
In brief GLM-5.2 trails Claude Opus 4.8 by just 1% on FrontierSWE—a benchmark measuring multi-hour autonomous engineering projects—while beating GPT-5.5 on the same test. It ships under an MIT license with zero regional restrictions. The model was built entirely on Huawei Ascend chips with no NVIDIA hardware involved. Unsloth AI already released 2-bit GGUF quantizations…
Zurich, Switzerland-based Amcor plc (AMCR) engages in the production and sale of packaging products in North America and globally. The company is valued at $19 billion and operates in two segments, Global Flexible Packaging Solutions and Global Rigid Packaging Solutions and supplies flexible packaging products, including polymer resin, aluminum, and fiber-based flexible packaging products, to various…
