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The effective closure of the Strait of Hormuz following US-Israeli strikes on Iran has triggered an unprecedented energy supply crisis, with Asian economies bearing the heaviest burden as tanker traffic through the world’s most critical oil chokepoint grinds to a halt.Japan and South Korea face the greatest risk, with both nations being overwhelmingly dependent on fossil fuel imports that transit the Strait.Tanker Traffic at a StandstillThe cost of hiring a supertanker to ship oil from the Middle East to China surged to an all-time high of over $423,000 per day on Monday, doubling from Friday’s levels, according to LSEG data.…

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding.Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity Act, sent a letter Friday to the chiefs of the federal agencies, requesting they probe the exchange after news reports on possible breaches, which also claimed the company had fired some of the compliance personnel involved in discovering the transactions.The latest move from Democrats follows an…

In brief Trump ordered federal agencies to “immediately cease” using Anthropic’s AI technology. The order follows a dispute between Anthropic and the Pentagon over the use of Claude for unrestricted military use. Trump has given agencies six months to phase out Anthropic systems. President Donald Trump has directed all U.S. federal agencies to stop using artificial intelligence technology developed by Anthropic, escalating a dispute between the AI company and the Pentagon over how the military uses the technology.In a Truth Social post on Friday, Trump said agencies must “immediately cease” using Anthropic products, with a six-month phase-out period for departments…

Bitcoin’s attempt to reclaim $70,000 earlier in the week lasted about 48 hours.The largest cryptocurrency slid to $65,735 in early Asian hours on Saturday, down 3% over the past day and 2.8% on the week. Wednesday’s rally, which came within touching distance of $70,000, has now given back more than half its gains as broader risk sentiment deteriorated through Thursday and Friday’s U.S. sessions.Altcoins took a harder hit. Solana dropped 6.7%, ether fell 6.2%, dogecoin shed 5.1%, and XRP lost 4%. The losses pushed most major tokens into the red on a weekly basis, erasing the altcoin outperformance that had…

📊No votes yet – Be the first to vote Louis Frederic Laszlo reports that major investors are abandoning bitcoin. On February 27, 2026, these financial players now view the cryptocurrency as too risky. Recent turbulence reinforces their decision. In January, bitcoin lost 15% in a single week. This kind of volatility alarms fund managers who are seeking more stable alternatives. BlackRock, one of the largest asset management companies in the world, recently cut its bitcoin positions according to a report on February 20. This illustrates the growing reluctance of major institutions to expose themselves to this cryptocurrency. Not entirely surprising.…

Alvin Lang Feb 27, 2026 20:45 Polygon (MATIC) Labs reveals technical breakdown of Open Money Stack, combining $2.3T settlement infrastructure with Coinme acquisition for end-to-end stablecoin rails. Polygon (MATIC) Labs has published a detailed technical breakdown of its Open Money Stack architecture, revealing how the platform combines blockchain settlement, wallet infrastructure, and regulated fiat access into a single API for enterprise stablecoin payments.The announcement, dated February 27, 2026, comes roughly seven weeks after Polygon’s January 8 launch of the Open Money Stack initiative. The company is now opening early access to enterprises evaluating production-grade stablecoin infrastructure.What the Stack Actually IncludesThe…

Spot Bitcoin (BTC) Exchange-Traded Funds (ETFs) have shown strength amid the crypto market’s correction and the flagship crypto’s latest performance. Some experts have praised investors’ resilience, suggesting that the “real story” is not in the recent outflows. Related Reading ETFs Investors Hold Strong Despite Market Downturn On Thursday, Nate Geraci, co-founder of the ETF Institute, affirmed that Bitcoin ETF investors have “largely displayed diamond hands” during the recent crypto market downturn. The flagship crypto has seen a 48.2% correction from its October 6, 2025, all-time high (ATH), recording five consecutive months of strong bleeding after the October 10 market crash.…

Breaking Signal·Market Impact: Medium Provenance Blockchain (HASH) jumped 5.65% to $0.0174 on Friday, leading the gainers list, according to CoinGecko data. Tokenized gold products advanced as well, with Tether Gold up 2.05% to $5,273.41 and PAX Gold up 2.02% to $5,305.84. On the downside, pippin (PIPPIN) slid 18.04% to $0.6636, while Solana (SOL) fell 4.88% to $82.07 and Zcash (ZEC) dropped 7.00% to $222.23. Top Gainers Provenance Blockchain (HASH) rose 5.65% to $0.0174, lifting its market cap to $960.71M. Built with the Cosmos SDK, Provenance targets financial services use cases like on-chain lending, private credit, and fund administration. The network…

Bitcoin’s adoption by institutions, banks, merchants, public companies, and nation-states has boomed in 2025, despite the recent price drawdown, says the financial services company River.“There is no bear market in Bitcoin adoption,” River said in a report published on Tuesday, which noted that while Bitcoin (BTC) is down 50% from its all-time high, “adoption is compounding in ways that aren’t affecting the price, yet.”“Trust in Bitcoin has grown faster than that of any asset in history,” it said. “What began as an experiment is now a globally recognized store-of-value, with adoption patterns that rival the internet.” Bitcoin is now mainstream…

Debate is raging in the crypto community as Justin Bons, founder and CIO of Cyber Capital, argues that Ripple’s XRP Ledger (XRPL) is “centralized.”Meanwhile, Ripple’s CTO Emeritus, David Schwartz, has firmly defended its architecture. This raises crucial questions about what makes a blockchain genuinely decentralized. Justin Bons Labels XRP Ledger “Centralized” In a recent post on X (formerly Twitter), Bons criticized what he calls “centralized blockchains.” He argued that several networks rely on permissioned validator structures, pointing to XRP Ledger’s Unique Node List (UNL) as an example. “Ripple: Has a “Unique Node List”, which makes the validators effectively permissioned. Any divergence from this…