New reports from today indicate that this Indian tanker fell for a fake IRGC crypto scam. They paid USDT to the scammers, thinking they could now pass through freely, and got shot at by the real IRGC forces.
First time a crypto transaction led directly to maritime warfare? 💀
Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry
Sheep Meadow in Central Park felt like the world in one place. Every kind of person, same grass, same sun. No labels. Just peace, diversity, acceptance, coexisting. NYC doesn’t ask who you are, it makes room. New Yorkers are a special breed. Side by side in diversity, at home.
BREAKING: Iran has accepted Pakistan’s two-week ceasefire proposal following intensive diplomatic efforts and a last-minute intervention by China - NYT
My best advice to young people. 👇🏼
Put the phone down.
Stop scrolling.
Stop the social media.
Stop the video games.
Pick up a book. Read Aurelius. Read the Iliad. Read Shakespeare.
Give yourself a real education.
I'm going to say something directly to the young men in the room right now.
You're not going on dates. You're not socializing. You're not building real relationships with real people in the real world.
I'm trying to be honest with you in a way that someone should have been a long time ago.
The algorithm is designed to keep you exactly where you are.
Comfortable. Isolated. Scrolling. Consuming. Going nowhere.
Real life happens when you put the device down and walk out the door.
Go on a date. Have a conversation. Make a friend. Take a risk. Be uncomfortable. Be present.
The phone will still be there when you get back.
There's a lot of confusion out there, including with Trump, that the US has lots of oil to sell to the world.
We do not. We're a net importer of crude (~+3 Mb/d). The EIA reports that fact in great detail every week.
The confusion stems from using the term "petroleum exports" which includes the bodacious amounts of natural gas liquids (NGL) that come from our wet gas plays. That stuff isn't "oil" and it is exported because it's wildly overproduced compared to our needs.
Yes, the US is a net exporter of "petroleum," but it's also a net IMPORTER of crude oil. In other words, the US has none to sell.
There's more complexity to why we export 3M b/d of crude (it's the wrong kind for our refineries) and also import 6.4 M b/d of crude (which is the right kind).
TAPPER: If Trump had the power to pay TSA agents this whole time, why only start going it now?
HOMAN: Look, I don't understand -- I'm a cop -- I don't understand the whole appropriations language, appropriations law
Scoop: The cost to cover TSA workers' pay would be about $250 million. But one reason White House officials decided against letting @elonmusk contribute money to the general fund to pay them: WH believes a deal with congressional Dems is going to happen soon. @olivialarinaldi and me:
https://t.co/yWNghszbGC
NEWS from Oval - Trump told us: "We've won this. This war has been won."
He said Iran gave the US an oil- and gas-related “gift" that showed him "we're dealing with the right people.” It's "related to the flow, to the Strait," he told me.
"It was a very significant prize, and they gave it to us, and they said they were going to give it," he told @edokeefe.
Trump: "We have, really, regime change. You know, this is a change in the regime. Because the leaders are all very different than the ones that we started off with, that created all those problems."
Trump said @VP Vance, @SecRubio, @JaredKushner and @SEPeaceMissions Steve Witkoff currently doing negotiations with Iran.
Hegseth told us: "We see ourselves as part of this negotiation as well. We negotiate with bombs."
At that, Trump said two people were "quite disappointed" when the president said the conflict could be settled soon: Pete Hegseth and Dan Caine.
Title: ISRAEL'S CHANNEL 12 REPORTED THAT IRAN IS READY TO OFFER VERY SIGNIFICANT AND SERIOUS CONCESSIONS REGARDING ITS NUCLEAR PROGRAM. HOWEVER, AN ISRAELI OFFICIAL TOLD THE NETWORK THAT THE LIKELIHOOD OF REACHING AN AGREEMENT REMAINS VERY LOW.
Long story short - any deal with Iran’s current regime will almost certainly be worse than what could have been achieved before the war.
Tehran is now more radical, emboldened by what it sees as a historic achievement, standing firm against both the U.S. and Israel while still holding leverage over a critical artery of the global economy, without a clear American solution.
The U.S. will have to offer significant concessions just to prevent further escalation, let alone secure the reopening of the Strait.
And if Trump believes he can negotiate away Iran’s missile program or nuclear infrastructure, someone needs to tell him plainly: with the current regime in Tehran, that’s not going to happen.
#IranWar
The latest: Trump told reporters that his envoys held talks with a senior official in the Iranian leadership.
An Israeli official told Axios that Witkoff and Kushner had been speaking with the speaker of the Iranian parliament, Mohammad Bagher Ghalibaf.
https://t.co/KctQwXcWhH
🚨An Israeli official told me that U.S. envoys Steve Witkoff and Jared Kushner are negotiating with the speaker of the Iranian parliament, Mohammad Bagher Ghalibaf
I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country
BREAKING: The largest publicly traded Bitcoin miner, MARA Holdings, is planning to SELL the majority of its Bitcoin reserves.
MARA has just updated its treasury policy to allow sales of its accumulated BTC.
The company currently holds 53,822 BTC, worth roughly $4.7 billion based on recent valuations, placing it just behind Michael Saylor’s Strategy.
BREAKING: US State Department urges Americans in the following countries to "DEPART NOW… DUE TO SERIOUS SAFETY RISKS"
- Bahrain
- Egypt
- Iran
- Iraq
- Israel, the West Bank, & Gaza
- Jordan
- Kuwait
- Lebanon
- Oman
- Qatar
- Saudi Arabia
- Syria
- United Arab Emirates
- Yemen