The move comes as SpaceX filed for its IPO this week under the ticker “SPCX,” with valuations reaching as high as $2 trillion. The perpetual contracts allow traders to gain exposure to SpaceX’s valuation before shares begin trading on public markets.

Binance said the product settles against private market valuation data, enabling users to go long or short without holding actual equity. Elon Musk stands to become the world’s first trillionaire if the IPO succeeds.

Peters was convicted for her role in a 2021 voting machine data breach in Mesa County, Colorado. Polis’s commutation sparked a fierce backlash within the Democratic Party, with the state party passing a formal censure resolution.

The incident highlights divisions within the party over election security and judicial matters at the state level.

“Our clients want crypto exposure from a platform they trust. This partnership delivers it,” said IG Europe’s Managing Director. The move reflects growing traditional finance adoption of crypto services.

Bitpanda, headquartered in Austria, is one of Europe’s leading crypto service providers with regulatory licenses across multiple EU member states.

The core dispute centers on demands for workers to share in profits from Samsung’s booming AI chip business, alongside base pay increases. Samsung is the world’s largest memory chip maker, with AI-related product demand surging over the past year.

Union leaders argue that employee compensation has not kept pace with the company’s AI success. If the vote rejects the tentative deal, strikes could resume at any time, potentially disrupting Samsung’s global semiconductor production.

Ukrainian military officials say their air defense has evolved from reactive measures to a multi-layered integrated system. AI is being used for target identification and threat assessment, improving interception rates.

Analysts note that Ukraine’s drone defense experience is reshaping global air defense strategies, with multiple nations studying tactical data accumulated during the conflict.

The April jobs report added complexity to the Federal Reserve’s interest rate outlook. While the labor market remains resilient, the moderation in hiring growth could influence the Fed’s policy decisions in coming months.

Economists noted that the report suggests a labor market that is cooling but not collapsing, a scenario often described as a “soft landing” for the economy.

Lagarde cautioned that large stablecoins such as Tether and USDC, which now dominate a $310 billion market, pose potential financial stability risks. She argued that these assets could transmit shocks across the financial system if not properly regulated.

The ECB President emphasized that Europe’s approach to digital currency should prioritize financial stability and regulatory oversight, rather than following the more laissez-faire model that has developed in the United States.

Payward, the parent company of cryptocurrency exchange Kraken, has filed an application with the Office of the Comptroller of the Currency (OCC) to become a federally regulated trust company. This would add a federal banking charter to Kraken’s existing Wyoming state bank charter and Federal Reserve master account access.

The move represents a significant step in crypto industry regulatory engagement, as Kraken seeks to operate under federal banking oversight. The OCC charter would allow the company to offer trust services and potentially expand its banking operations under federal supervision.

The advancement could enable more ambitious rotorcraft missions on Mars and other planetary bodies with atmospheres. The new rotor design addresses key engineering challenges identified during the Ingenuity helicopter missions, including improved performance in thin atmospheric conditions.

This technology development paves the way for future Mars exploration missions that could use helicopters for aerial reconnaissance and scientific sampling across wider areas than rovers can cover.

The local election results dealt a blow to Labour’s standing, with Reform UK capitalizing on voter dissatisfaction. Despite the losses, Starmer insisted he remains committed to leading the government and delivering on Labour’s agenda.

The results have intensified pressure on Starmer’s leadership, with critics calling for a change in direction. However, the Prime Minister maintained that the government would continue its work regardless of the election setbacks.

Global stock markets rallied and oil prices fell on Tuesday on growing hopes of a US-Iran peace deal.

According to AP News, after the Washington Post and Wall Street Journal reported progress in peace talks, Wall Street reacted positively. Dow futures surged 500 points and Nasdaq futures rose over 1 percent.

International oil prices dropped approximately 6 percent, with both Brent and WTI crude futures falling sharply. Oil prices that had spiked on Iran tensions quickly reversed on peace expectations.

China has played a key mediating role. Foreign Minister Wang Yi met with Iranian FM Aragchi in Beijing, calling for the Strait of Hormuz to reopen for navigation as soon as possible.

Source: Google News

Ukrainian President Zelensky recently revealed that Ukrainian forces have successfully carried out a territorial recapture operation using only robots and drones, sparking global discussion about the future of unmanned warfare.

BBC analysis notes this operation demonstrates several key trends: autonomous drone swarms, ground-air robot coordination, and AI-powered target recognition.

Military experts say the Ukrainian battlefield has become the world first large-scale testing ground for unmanned combat. These combat experiences will be studied by militaries worldwide and shape future weapons development.

Source: BBC Tech

President Trump has ordered the military to pause its mission in the Strait of Hormuz to allow time for ongoing peace negotiations with Iran.

According to the Washington Post, this decision marks a significant shift in tensions. The US and Iran had been in an escalating military standoff in the region for weeks, raising concerns about energy supply security.

The Wall Street Journal reported that the US and Iran are negotiating a one-page memorandum to end their military conflict. Following the news, oil prices dropped sharply and global stock markets rallied.

Chinese Foreign Minister Wang Yi also held talks with Iranian FM Aragchi, calling for the Strait of Hormuz to be reopened as soon as possible. This is Aragchi first visit to China since the war began.

Analysts say a peace deal would significantly ease Middle East tensions and have far-reaching implications for global energy markets and geopolitics.

Source: Google News