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Crypto Breaking News

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Bloomberg

Panama Canal Sees Revenue Boost Amid Iran Conflict

The ongoing conflict involving Iran has indirectly benefited Panama as more ships seeking alternative routes to transport commodities globally, following disruptions in the Strait of Hormuz. Former vice foreign minister of Panama and senior adviser at the Center for Strategic Studies Carlos Ruiz-Hernandez joins Bloomberg This Weekend and explains to hosts David Gura and Christina Ruffini how the Panama Canal Authority is proactively managing the surge by anticipating risks and preparing to handle near-capacity traffic.

Read more: Panama Canal Sees Revenue Boost Amid Iran Conflict
Grafa
Cryptocurrency

Crypto miners chase AI as data centre economics shift

  • Hyperscale Data signed a deal to provide 20 megawatts of AI computing capacity, accelerating its shift away from Bitcoin mining. 
  • The agreement could generate more than US$1.2 billion over its initial term, while the company currently holds 726.94 Bitcoin (CRYPTO:BTC) worth about US$45.9 million. 
  • The broader sector faces execution risk as miners convert crypto infrastructure into AI facilities while maintaining access to power, cooling and long-term customers. 
Read more: Crypto miners chase AI as data centre economics shift
Grafa
Cryptocurrency

Robinhood listing tests Worldcoin amid fresh scrutiny

  • Robinhood added Worldcoin (CRYPTO:WLD) to its crypto trading platform, expanding retail investor access despite a sharp price decline. 
  • WLD fell nearly 15% to around US$0.53, with a market capitalisation of about US$1.8 billion and 24-hour trading volume exceeding US$383 million.
  • Investors remain focused on governance, token distribution and regulatory concerns surrounding biometric identity systems and token unlock schedules. 
Read more: Robinhood listing tests Worldcoin amid fresh scrutiny