Oil tanker attacked after falling for crypto scam granting fake Strait of Hormuz safe passage
Oil tanker shot at after crew followed bogus crypto clearance to cross Strait of Hormuz, exposing new twist in maritime scams.
Happy Tuesday!
From fake crypto clearances luring oil tankers into danger in the Strait of Hormuz, to Iran's sharp rebuke of "digital oil" trading amid a shaky US-Iran ceasefire, and whispers that Cantor Fitzgerald scooped up tariff refunds for pennies on the dollar via stablecoin-backed Treasurys, today's crypto news is a riveting mix of maritime peril, wartime intrigue, and savvy market plays. Dive into the full stories below.
The global crypto market cap is $2.55 trillion, with a 24-hour volume of $134.43 billion. The price of Bitcoin is $75,747.43, and BTC market dominance is 59.5%. The price of Ethereum is $2,304.51, and ETH market dominance is 10.9%. The best-performing sector is Agriculture, which gained 17%. The Crypto Fear & Greed Index is currently Extreme Fear (33).
📰 Top News
Oil tanker attacked after falling for crypto scam granting fake Strait of Hormuz safe passage
Oil tanker shot at after crew followed bogus crypto clearance to cross Strait of Hormuz, exposing new twist in maritime scams.
Iran calls out “digital oil” trade amid volatile US-Iran ceasefire trading
Iran just turned “digital oil” into a wartime target, and crypto’s role in global markets looks different now.
Were tariff refunds bought for 20 cents on the dollar by stablecoin-backed Treasurys custodian Cantor Fitzgerald?
Howard Lutnick backed Trump’s tariffs. His old firm was reportedly pitching a way to buy the refunds cheap.
Buy Borrow Die Guide Series: Why long-term crypto holders borrow against assets instead of selling
A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto. Brought to you by CoinRabbit.
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