Business

Brent crude dropped below $73 a barrel after the Strait of Hormuz reopened, avoiding a projected $180 peak. The sudden price relief now threatens €2 billion in planned European grid upgrades.

Iran-linked wallets, including those controlled by its central bank, have processed over $3.84 billion through the crypto exchange CoinEx since 2019 to evade international sanctions.

Indonesia's Financial Services Authority implemented new regulations requiring influencers to hold professional licenses to promote crypto assets, imposing fines up to 15 billion rupiah for violations.

Rad Life Mobility has acquired off-road e-bike maker QuietKat, integrating it with Rad Power Bikes and Serial 1 to share a physical network of 1,200 US dealers and reduce manufacturing costs.

Former Google engineer Patrick Shyu liquidated his entire Bitcoin portfolio after a 50% market correction dragged the asset down to $60,722.

MemeCore's M token collapsed from $3.00 to $0.50 on Thursday, erasing $3 billion in market value amid warnings that insiders secretly control 99% of the supply.