Iran Says Hormuz Strait Passage Remains Closed
June 15 (Reuters-style brief) – The Islamic Revolutionary Guard Corps (IRGC) Navy of Iran closed the Strait of Hormuz’s entry and exit channels to all vessels as of local time June 15, a move cited by China Central Television (CCTV). The restriction will remain in effect until further notice, with Iranian officials stating no transit permits have been issued over the past 96 hours.
Earlier, ship tracking data from global shipping information platform Marine Traffic showed the liquefied natural gas (LNG) carrier "Desfa" entered the Gulf of Oman via the Strait of Hormuz on June 15. As of press time, "Desfa" is the only large energy carrier to have transited the strategic waterway that day.
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Garrett Jin's ZEC Long Position Unrealized Gain has exceeded $4.7 million, while Loracle has an Unrealized Gain of approximately $6.87 million
On June 15, monitoring data from OnchainLens indicates that when Zcash (ZEC) prices rebounded to $530, unrealized gains and losses across multiple traders’ perpetual contract positions showed a sharp divergence.
Trader Garrett Jin, known as “BTC OG Insider Whale,” holds an over 2x-leveraged ZEC long position with unrealized gains exceeding $4.7 million. However, his 5x-leveraged Bitcoin (BTC) long position has seen unrealized losses swell to around $12.55 million.
Another trader, Loracle, has notched roughly $6.87 million in unrealized gains on his 10x-leveraged ZEC long position — a notable performance boost driven by ZEC’s recent short-term momentum.
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Philippine Central Bank Tightens Cryptocurrency Regulation: Bans Privacy Coins Altogether
June 15 – The Central Bank of the Philippines (Bangko Sentral ng Pilipinas, BSP) has unveiled a new Virtual Asset Regulatory Guide, mandating strict due diligence and asset reviews for all licensed Virtual Asset Service Providers (VASPs) before they list or trade any cryptocurrency, aimed at boosting financial stability and consumer protection.
The rule explicitly bans "enhanced anonymity virtual assets" — namely privacy coins like Monero and Zcash — from being listed or traded on compliant platforms, meaning privacy-focused cryptos will be removed or disabled from local regulated exchanges.
The guidelines also require exchanges to continuously monitor listed assets and set delisting triggers, including declining liquidity, project team risk events, technical security flaws, insufficient transparency, or suspected fraud.
This policy is the latest step in the Philippines’ ongoing crypto regulatory crackdown over the past year. Earlier, the Philippine Securities and Exchange Commissio
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U.S. Stock Futures Rise Pre-market, Optical Communication Sector Up Across the Board, MRVL Up 4.86%
June 15: According to Bitget market data, U.S. stock pre-market trading showed a broad advance in the optical communication sector, with stock movements as follows: MRVL up 4.86%, POET up 5.19%, LITE up 4.73%, Nokia up 2.23%, and Corning up 4.77%.
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Tencent Invests in Alibaba's Former Qwen Head Junyang Lin's AI Lab, Valued at $2 Billion
June 15 — Per a report from The Information, industry insiders have revealed that Chinese tech giant Tencent has invested in a new AI laboratory founded by Lin Junyang, a former core member of Alibaba’s Qwen large language model (LLM) team.
In Lin’s Series A funding round, Tencent contributed $20 million. The round raised a total of hundreds of millions of dollars, with a post-money valuation of approximately $2 billion. Sequoia China and Matrix Partners co-led the round, each committing $100 million. Now that this first round has closed, Lin is actively pursuing financing for his next phase of growth.
Prior to this deal, Tencent had already backed several other domestic Chinese LLM developers, including Dark Side of the Moon, MiniMax, and Wise AI. The company is also participating in the latest funding round for DeepSeek.
Lin stepped down from his role at Alibaba in early March this year. The split stemmed from disagreements with Alibaba over a proposed team restructuring plan, lea
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Executives from NVIDIA, Adobe, and other companies have urged the Trump administration to lift restrictions on Anthropic's most powerful AI model.
June 15: Cybersecurity executives at U.S. companies including Nvidia and Adobe have urged the Trump administration to lift restrictions on Anthropic’s most powerful AI model, noting that these bans have hindered efforts to prevent the spread of digital attacks. (Jinse)
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