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TON Foundation to bolster Bitcoin utility with TON Teleport BTC
TON Foundation to bolster Bitcoin utility with TON Teleport BTC

Quick Take TON Teleport BTC will improve the use cases of Bitcoin in the TON ecosystem for decentralized exchanges, lending protocols and other DeFi utility.

The Block·2024/07/17 16:19
German government's bitcoin selloff nets $2.9 billion as film piracy case marches on
German government's bitcoin selloff nets $2.9 billion as film piracy case marches on

Quick Take German authorities announced it received $2.88 billion from selling nearly 50,000 BTC. The sale was part of the plan to offload bitcoins seized from the now-defunct film piracy website Movie2K.

The Block·2024/07/17 16:10
Flash
22:43
S&P Grants SpaceX 'BBB' Credit Rating
On June 19, S&P Global Ratings assigned SpaceX a 'BBB' issuer credit rating with a stable outlook, citing strong performance in its launch and connectivity businesses, but offset by significant capital requirements and uncertainties in its artificial intelligence operations. S&P expects SpaceX to maintain an adjusted leverage ratio below 2.0 times by 2029. S&P stated, 'We anticipate that leverage will peak in 2028, with S&P Global Ratings' adjusted leverage reaching 1.2 times, but will improve year by year as the company expands its connectivity business's revenue and profitability and begins to monetize its artificial intelligence operations.'
22:43
Large Commercial Vessels Begin Passage Through the Strait of Hormuz
On June 19, Iran and the United States officially signed a memorandum of understanding, with one of the most notable commitments being the restoration of commercial shipping in the Strait of Hormuz. What is the current situation in the Strait of Hormuz? On the first day of the memorandum's signing, a reporter from the main station revisited the Strait of Hormuz. Previously, on June 5, the reporter had also visited the Strait for filming. At that time, the reporter observed that hundreds of vessels were stranded on one side of the strait, and large commercial ships were scarce in the waterway. However, upon revisiting on June 18, the reporter noted a decrease in the number of stranded vessels, and large commercial ships began to pass through the strait.
22:40
Large commercial ships begin to pass through the Strait of Hormuz
Jinse Finance reported that on June 19, Iran and the United States officially signed a memorandum of understanding. The most notable aspect drawing external attention is that both parties pledged to restore commercial shipping in the Strait of Hormuz. What is the current situation in the Strait of Hormuz? On the first day after the signing of the memorandum of understanding, a CCTV reporter once again visited the Strait of Hormuz on site. On June 5, the reporter had also visited the Strait of Hormuz for filming. At that time, the reporter observed that hundreds of ships were stranded on one side of the strait, and it was difficult to spot large commercial vessels navigating the channel. However, upon a return visit on June 18, the reporter saw that the number of stranded vessels had begun to decrease, and at the same time, large commercial ships had started passing through the strait. (CCTV International News)
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