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Iranian state television reported that this yet-to-be-finalized informal draft states that Iran has exclusive authority to determine the nature of vessels passing through the Strait of Hormuz. If the cargo of a vessel is deemed threatening or the actual beneficiary is an adversarial force to Iran, that vessel will not be considered a civilian merchant ship and will be prohibited from passage. Iran has the right to designate navigation routes, set navigation fees, maintain channel safety, and address related environmental damage issues. The draft indicates that the US has committed to assist Iran in fully unfreezing $12 billion of frozen assets within 60 days. These funds can be transferred to banks designated by Iran and used without restrictions. Currently, the draft is only an informal consensus and still requires review, negotiation, and revision by all parties.

[Iranian State TV: US-Iran Memorandum Draft Grants Iran Control Over the Strait]Iranian state television reported that this yet-to-be-finalized informal draft states that Iran has exclusive authority to determine the nature of vessels passing through the Strait of Hormuz. If the cargo of a vessel is deemed threatening or the actual beneficiary is an adversarial force to Iran, that vessel will not be considered a civilian merchant ship and will be prohibited from passage. Iran has the right to designate navigation routes, set navigation fees, maintain channel safety, and address related environmental damage issues. The draft indicates that the US has committed to assist Iran in fully unfreezing $12 billion of frozen assets within 60 days. These funds can be transferred to banks designated by Iran and used without restrictions. Currently, the draft is only an informal consensus and still requires review, negotiation, and revision by all parties.

Iranian State TV: US-Iran Memorandum Draft Grants Iran Control Over the Strait

Market data shows that BTC has surpassed $74,000, currently priced at $74,011.04, with a 24-hour decline of 0.35%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $74,000]Market data shows that BTC has surpassed $74,000, currently priced at $74,011.04, with a 24-hour decline of 0.35%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $74,000

twt Surges 21.28% in 24H, Currently at 0.5362 USDT

【twt currently trades at 0.5362 USDT, up 21.28% in 24h, according to HTX market data.】twt Surges 21.28% in 24H, Currently at 0.5362 USDT

twt currently trades at 0.5362 USDT, up 21.28% in 24h, according to HTX market data.

twt Surges 13.36% in 24H, Currently at 0.5056 USDT

【twt currently trades at 0.5056 USDT, up 13.36% in 24h, according to HTX market data.】twt Surges 13.36% in 24H, Currently at 0.5056 USDT

twt currently trades at 0.5056 USDT, up 13.36% in 24h, according to HTX market data.

On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.

[Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately]On May 31, the Zcash Foundation announced the release of Zebra version 4.5.0. This version addresses multiple security vulnerabilities in the consensus mechanism and the network. All node operators are urged to upgrade immediately.

Zcash Foundation: Zebra 4.5.0 Released, Node Operators Should Upgrade Immediately

twt Hits New High of 0.4926 USDT, Up 9.52% in 24H

【twt soared to 0.4926 USDT, a new high with a 24-hour increase of 9.52%. It currently trades at 0.4926 USDT on HTX.】twt Hits New High of 0.4926 USDT, Up 9.52% in 24H

twt soared to 0.4926 USDT, a new high with a 24-hour increase of 9.52%. It currently trades at 0.4926 USDT on HTX.

On May 30, the Associated Press reported that the US military has once again struck a commercial vessel attempting to break through a blockade to reach an Iranian port, causing it to lose power. (Xinhua News Agency)

[US Military Strikes Commercial Ship Attempting to Break Blockade to Iranian Port]On May 30, the Associated Press reported that the US military has once again struck a commercial vessel attempting to break through a blockade to reach an Iranian port, causing it to lose power. (Xinhua News Agency)

US Military Strikes Commercial Ship Attempting to Break Blockade to Iranian Port

sfp Surges 11.78% in 24H, Currently at 0.3008 USDT

【sfp currently trades at 0.3008 USDT, up 11.78% in 24h, according to HTX market data.】sfp Surges 11.78% in 24H, Currently at 0.3008 USDT

sfp currently trades at 0.3008 USDT, up 11.78% in 24h, according to HTX market data.

On May 30, the U.S. Department of the Treasury and the Office of Foreign Assets Control (OFAC) issued an updated statement explicitly prohibiting U.S. individuals from entering into any 'safe passage' agreements with the Iranian government or the Islamic Revolutionary Guard Corps, even if no fees are involved. Iran's newly established 'Persian Gulf Strait Management Bureau' aims to charge 'toll fees' for vessels passing through the Strait of Hormuz and provide security guarantees. The U.S. has designated this bureau for sanctions, warning that any dealings with it face the risk of sanctions. The Treasury Department's statement emphasized that requesting 'safe passage guarantee' services from Iran is prohibited, regardless of payment. The U.S. continues to maintain a hardline stance on sanctions against Iran, rejecting any form of 'paid protection' or similar transactions. According to monitoring by PolyBeats, the probability of 'navigation through the Strait of Hormuz' occurring before June 15 is 8%, and the probability before the end of June is 34%.

[U.S. Government Prohibits Agreements for 'Safe Passage' with Iran; Navigation in Hormuz Remains Challenging]On May 30, the U.S. Department of the Treasury and the Office of Foreign Assets Control (OFAC) issued an updated statement explicitly prohibiting U.S. individuals from entering into any 'safe passage' agreements with the Iranian government or the Islamic Revolutionary Guard Corps, even if no fees are involved. Iran's newly established 'Persian Gulf Strait Management Bureau' aims to charge 'toll fees' for vessels passing through the Strait of Hormuz and provide security guarantees. The U.S. has designated this bureau for sanctions, warning that any dealings with it face the risk of sanctions. The Treasury Department's statement emphasized that requesting 'safe passage guarantee' services from Iran is prohibited, regardless of payment. The U.S. continues to maintain a hardline stance on sanctions against Iran, rejecting any form of 'paid protection' or similar transactions. According to monitoring by PolyBeats, the probability of 'navigation through the Strait of Hormuz' occurring before June 15 is 8%, and the probability before the end of June is 34%.

U.S. Government Prohibits Agreements for 'Safe Passage' with Iran; Navigation in Hormuz Remains Challenging

According to Cointelegraph, the metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market. In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines in their valuations and other key metrics, data from WeMeta shows. The average price per parcel of virtual lands across the six major Ethereum metaverse projects dropped from approximately $17,000 in January to around $2,500 in August, or 85% decline. On a weekly average, the volume, which represents the amount of lands (derived in currency) traded, has dropped from its peak of $1 billion in November 2021 to approximately $157 million in August 2022.

Detail

【Virtual land prices crash 85% amid waning interest】According to Cointelegraph, the metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market. In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines in their valuations and other key metrics, data from WeMeta shows. The average price per parcel of virtual lands across the six major Ethereum metaverse projects dropped from approximately $17,000 in January to around $2,500 in August, or 85% decline. On a weekly average, the volume, which represents the amount of lands (derived in currency) traded, has dropped from its peak of $1 billion in November 2021 to approximately $157 million in August 2022.

Virtual land prices crash 85% amid waning interest

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Article

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Virtual land prices crash 85% amid waning interest

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