Iran has demanded inbound control and outbound oversight of the Strait of Hormuz, a hardline stance that has brought US-Iran negotiations to a stalemate. US Treasury Secretary Bessent indicated a deal might be reached Tuesday or Wednesday to restore ‘freedom of movement’ in the strait, but divisions between the two sides remain substantial. Global energy markets and shipping security face new uncertainty.
Bank of New York Mellon, one of the oldest banking institutions in the United States, has announced the integration of cryptocurrency staking services into its digital asset custody platform, providing institutional investors with a more complete digital asset service chain.
Spotify’s latest financial report reveals that despite continued user growth, heavy content spending and investment costs are squeezing profit margins. Market concerns about the sustainability of its growth model have intensified, with shares coming under pressure following the earnings release.
Guatemala’s Volcán de Fuego has erupted violently, sending lava fountains high into the sky and ash clouds over surrounding communities. Authorities have launched emergency evacuations for nearby residents.
Bhutan’s planned Gelephu Mindfulness City has delegated part of its bitcoin treasury to 3iQ for market-neutral operations, marking a shift from long-term holding to active crypto asset management.
Solana has received a new proposal SGP-0003 that bundles a fee overhaul with doubling the disinflation rate, aiming to increase daily SOL token burns from approximately $47,000 to $650,000.
Bitcoin hardware wallet brand Coldcard has suffered a severe security vulnerability attack, with Galaxy Research estimating losses could swell to $130 million. This is one of the largest cold wallet security incidents in recent years.
Multiple US states have filed a lawsuit to block the Trump administration’s tariffs imposed on dozens of trading partners over forced labor concerns. The legal challenge marks an escalation of domestic opposition to presidential trade powers.
US Treasury Secretary Scott Bessent’s intervention in yen exchange rates has sent shockwaves through global financial markets, signaling what the Financial Times calls a new era of US ‘currency activism’ that breaks decades of non-intervention precedent.
Strategy (formerly MicroStrategy) reported an $8.2 billion loss in Q2 as bitcoin prices fell over 40% from Q2 2025 levels. Despite the loss, the company increased its bitcoin holdings by 11%.