Oil futures surged on Hyperliquid after President Donald Trump ordered a naval blockade of the Strait of Hormuz, a major global supply chokepoint. The move came after Iran refused to give up its nuclear ambitions during peace talks in Islamabad earlier in the day. Perpetual… Read More
Risk markets, including bitcoin BTC$69,132.12, staged a late-day rally Tuesday after Axios reported Iran’s positive reception to Pakistan’s request for a two-week ceasefire. “The President has been made been aware of the proposal, and a response will come,” said White House Press Secretary Karoline Leavit,… Read More
Crypto markets snapped back hard on Sunday after spending Saturday pricing in what looked like the start of a prolonged regional war. Bitcoin climbed to $66,843, up 5.2% over the past 24 hours, recovering most of the losses from Saturday’s slide below $64,000 after U.S.… Read More
IoTeX offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange for the voluntary return of funds within 48 hours. With this move, IoTeX is offering the $440,000 if… Read More
HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company paying heavily for that position. According to filings published Monday with Hong Kong’s exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, around double… Read More
A solid down day in crypto is morphing into a plunge after Federal Reserve Chairman’s unexpectedly hawkish remarks at his post-policy meeting press conference. “A rate cut in December is far from a foregone conclusion,” said Powell in his opening remarks. That was a shock… Read More
