Iran asserts control over Strait of Hormuz amid US tensions

Iran’s control over the Strait of Hormuz heightens geopolitical risks, potentially disrupting global oil markets and escalating US-Iran tensions. The post Iran asserts control over Strait of Hormuz amid US tensions appeared first on Crypto Briefing.

BounceBit Chain to Sunset as $286.5M Exploit Forces Reissue

BounceBit has announced it will permanently shut down its L1 blockchain following an exploit that led to the unauthorized transfer of approximately 286.5 million BB tokens. This action, revealed by CryptoTwitter commentator @WuBlockchain, raises significant concerns for the project’s future and its users. The exploit was initiated due to a protocol-level authorization flaw, prompting the […]

Bitcoin Miners Spend $30.7B on AI Pivot, Capex Runs 15X Above New Revenue

Key Takeaways: The total amount of capital assets owned by a 15-company cohort during their last 2026 periods was USD 30.7 billion.  The net revenue from AI & HPC resulting from 9 comparable Bitcoin miners has been $341.2 million after spending $5.11 billion. AI and HPC revenue rose 52% Q over Q, but is still […]

Kalshi Government Shutdown Odds in October Slashed

Kalshi prices a one-in-six chance of an October 2026 shutdown, offering crypto traders a dated gauge of Washington macro risk. The post Kalshi Government Shutdown Odds in October Slashed appeared first on Cryptonews.