8h ago
CZ argues for a Binance shop so users can buy real-world gifts directly with BNB
Binance CEO Changpeng Zhao (CZ) used a personal example on social media to argue for building a “Binance shop,” where users could buy physical goods directly with BNB. He said sending BNB to someone to make a purchase can be perceived differently from gifting the item itself, creating confusion around whether the gift has been delivered. Zhao did not provide a launch timeline or technical details in the post.
BNB
BNB+0.23%
8h ago
10h ago
Tanker hit by projectile in Strait of Hormuz as Iran holds funeral prayers for Khamenei
Iran is holding funeral prayers in Qom for slain Supreme Leader Ayatollah Ali Khamenei and members of his family, as an oil tanker was set on fire after being struck by an unknown projectile in the Strait of Hormuz. The UK’s maritime agency said the tanker was hit off Oman’s coast and that no casualties have been reported. The report also listed city-wise Indian gold rates, including 24-carat gold at Rs 14,526 per 10g in Mumbai, and said geopolitical tensions have lifted safe-haven demand for the metal.
10h ago
10h ago
Asian stocks pull back as South Korea’s Kospi slides 7.6% despite AI-led Wall Street rebound
Samsung Electronics reported operating profit jumping 19-fold to 89.4 trillion won, with revenue more than doubling, yet its shares fell 8.7% as South Korea’s Kospi dropped 7.6%. Analysts said the market is undergoing its first real stress test of the AI trade, with strong results intensifying doubts over AI-chip valuations and whether capex can deliver adequate returns. In Japan, Kioxia slid 10.7% and the Nikkei 225 fell 1.8%, underscoring broad selling pressure across AI hardware.
10h ago
10h ago
IREN Stock Surges 13%: Freedom Capital Upgrade and $22B Anthropic Data Center Bid Spark Massive Rebound
IREN Ltd (NASDAQ: IREN) shares jumped 13.11% to close at $43.91 following a Freedom Capital upgrade to "Buy" and reports linking the data center operator to Anthropic's massive 1.4-gigawatt Australian infrastructure tender. This explosive rally snapped a brutal nine-day losing streak as the company continues its high-margin pivot from Bitcoin mining to AI cloud services.
BTC
BTC+1.69%
10h ago
10h ago
ADNOC Distribution signs definitive deal to buy Shell Downstream South Africa for about $1 billion, targeting 2027 close
ADNOC Distribution said it has signed a definitive agreement to acquire 100% of Shell Downstream South Africa (SDSA) for an implied enterprise value of about $1 billion, including 580 fuel stations and wholesale fuel, aviation and lubricants operations. The deal is expected to close in 2027 and is projected to lift earnings per share by 6% in the first full year after completion, with an IRR above the company’s hurdle rate. After completion, a 28% stake in SDSA is expected to be sold to a local empowerment partner and an employee stock option plan. ADNOC Distribution is listed on the Abu Dhabi Securities Exchange under the symbol ADNOCDIST.
10h ago
10h ago
Indonesia to import India’s Astra missiles, add BrahMos batteries and pursue Sabang port project
India and Indonesia held high-level talks in Jakarta and said they would expand cooperation in defence, critical minerals and maritime infrastructure. Indonesia plans to induct India’s Astra air-to-air missiles and expand its BrahMos missile inventory, while India is set to supply additional missile batteries. India will invest in manufacturing facilities in Indonesia covering steel, nickel and rare earth permanent magnets, and the two sides are also working on joint development of Sabang port overlooking the Strait of Malacca.
10h ago