The US military has redirected 20 additional commercial vessels away from Iranian ports as part of its ongoing naval blockade, increasing the total to 55 ships since early August. This move highlights the continued maritime pressure amid stalled negotiations to reopen the strategically vital Strait of Hormuz, a key route for global oil and gas shipments. Iranian officials demand the US lift the blockade and sanctions, withdraw troops, and compensate for violations before talks can resume. Meanwhile, Iran and Oman are negotiating transit routes, but attacks on shipping continue, keeping traffic low and oil prices elevated. The situation remains tense with no immediate resolution in sight, raising risks for global energy markets.
Pump.fun, a Solana memecoin launchpad, will unlock 6.875 billion PUMP tokens on August 12, 2026, split between the development team and early investors. This unlock follows a larger July event releasing 82.5 billion tokens, raising concerns about sel...
AppLovin reported a 53% year-over-year revenue increase in Q2, maintaining over 75% profit margins, highlighting its rare combination of scale, profitability, and growth. The slight slowdown in sequential growth was due to timing of machine-learning ...
Binance is seeing a major shift in stablecoin liquidity from the Tron network to Ethereum-based networks over the past two weeks. USDT reserves on Tron dropped nearly 50%, from $1.4 billion to $709 million, while USDT and USDC inflows into Ethereum s...
Coinsbuy, a crypto payment processor for businesses, suffered a security breach draining over $7.9 million from wallets on Ethereum and TRON networks. The attacker obscured the theft by converting stolen assets into Monero, a privacy coin that hinder...
Canary Capital’s XRP ETF ended June 2026 with $241.2 million in assets, down $81.6 million from December 2025 despite $82.4 million net capital share inflows. The fund’s XRP holdings rose 31.7% to 231.3 million tokens, but the sharp 43.27% drop in XR...
