Oil prices surged past $90 per barrel following renewed US strikes on Iran and Tehran's closure of the Strait of Hormuz to unauthorized vessels. This escalation threatens global oil supply, pushing Brent crude up 3.2% to around $91.40 and reversing earlier price drops after a truce ended. The conflict heightens inflation fears in the US, complicating the Federal Reserve's efforts to control prices and increasing expectations of a rate hike at the upcoming July meeting. Meanwhile, Bitcoin struggles as higher rates and geopolitical risks weigh on risk assets.
Solana's co-founder Anatoly Yakovenko supports changing the network's fixed transaction fee to a usage-based fee that reflects computing resources used, addressing fairness issues for smaller transactions. However, he suggests splitting the current p...
OpenAI has introduced advertisements on ChatGPT for free users and those on its low-cost 'Go' plan in India, one of its largest markets. This move aims to increase revenue ahead of its planned 2027 public listing and support broader access through fr...
Sonic's recent blockchain upgrade enabling Bundle Transactions has driven a surge in decentralized exchange (DEX) volume to $2.46 million, the highest in about two months. This upgrade simplifies transaction approvals by allowing multiple transaction...
A wallet linked to Singapore-based Matrixport deposited $10 million USDC to open a $17.44 million leveraged long position on Ethereum at 20x leverage on Hyperliquid. This trade is part of a larger pattern of institutional-scale leveraged ETH longs by...
Opawica Explorations Inc. has granted 2.5 million incentive stock options to its directors, officers, employees, and consultants. These options can be exercised at $0.12 per share until August 27, 2029. This move aligns with the company's stock optio...
