Lookonchain APP

App Store

Tom Lee: The booming Robinhood Chain further highlights ETH's on-chain monetary attributes

1 hours ago

Bitmine Chairman Tom Lee stated in a post that Robinhood Chain is rapidly becoming a phenomenal product, with its trading volume surpassing many mature crypto decentralized exchanges (Dex). Lee pointed out that Robinhood Chain uses ETH as its native gas token, all transaction fees are denominated in ETH, and final settlement is conducted on the Ethereum Layer 1 network. This design further underscores ETH’s core position in the on-chain economic system, making it increasingly clear that “ETH is money”.

Relevant content

The US military has completed its third round of strikes against Iran this week, with the total number of targeted sites exceeding 300.

The U.S. military announced it has completed its third round of military strikes against Iran this week. The operation deployed land-based and carrier-based fighter jets, drones, and naval vessels, which used precision munitions to strike around 140 Iranian military targets, including missile and drone bases, naval capability facilities, ammunition storage sites, communication networks, and coastal surveillance locations. U.S. Central Command stated that it has struck more than 300 targets total this week as directed. The command also emphasized that commercial shipping in the Strait of Hormuz, a key international maritime corridor, remains uninterrupted, signaling that despite escalating military conflict, this vital energy transport route has not been fully disrupted. This is the U.S. military’s third large-scale operation against Iran this week, following earlier strikes on roughly 90 coastal targets and 170 military sites. The development shows that U.S.-Iran military confrontation is rapidly escalating, with conflicts expanding from initial areas around the strait to a broader range of Iranian military facilities.

6 minutes ago

Iran: Destroys control center and drone hangars at US military base in Jordan.

Iran's Revolutionary Guard claims to have destroyed the command and control center and MQ-9 drone hangar at Jordan's Prince Hassan Air Base. The U.S. again attempted to provoke incidents in the southern Strait of Hormuz last night, but was halted after a firm response from Iran's navy. The Guard warned that continued U.S. aggression will trigger stronger retaliation. Separately, the U.S. military carried out airstrikes on multiple coastal bases and communication towers along Iran's southern coast.

6 minutes ago

Empery Digital sells half its Bitcoin holdings to invest in AI data centers, with its stock price surging over 4% at one point.

Bitcoin reserve firm Empery Digital (EMPD) disclosed that it has sold 1,400 BTC over the past two months at an average price of $62,200, generating total proceeds of roughly $87.1 million to invest in AI data center projects and repay debts. A portion of the funds was used to acquire a 25% stake in an AI data center project, while another $10 million went toward settling outstanding debts. Following the sale, Empery Digital’s Bitcoin holdings fell by 48%, leaving it with 1,514 BTC valued at approximately $97 million at current prices. In response to the news, EMPD’s stock rose as much as 4.2% in early trading before closing with a 1.58% gain. The market notes that investors hold a positive attitude toward the company’s move to convert part of its Bitcoin reserves into AI infrastructure investments.

6 minutes ago

Oil prices could face a new round of sharp volatility as merchant ships are attacked again in the Strait of Hormuz.

According to a New York Times report, a commercial ship was attacked again in the Strait of Hormuz on Saturday local time, and the U.S. subsequently launched a new round of strikes on Iranian targets. The escalating situation in the Middle East is likely to trigger renewed sharp fluctuations in international oil prices after Sunday’s market opening. Data shows that the average daily number of vessels transiting the Strait of Hormuz has dropped to 22, far lower than the pre-conflict level of over 130 per day. Brent crude oil closed this week near $76 per barrel, roughly 5% higher than levels before the conflict broke out. The report noted that Iran insists commercial ships use its designated shipping lanes, while some vessels that took routes near the Omani coast under U.S. military escort have remained targets of attacks. Analysts believe that although oil prices are still far below the near-$120 per barrel peak during the conflict, Iran has proven it still has the ability to influence the global energy market through the situation in the Strait of Hormuz.

6 minutes ago

Middle East situation deteriorates sharply, with multiple countries activating their air defense systems simultaneously.

Middle East tensions have sharply escalated in a short period, with multiple Gulf countries sounding alarms and activating their air defense systems one after another: - Bahrain’s Ministry of Interior announced that air raid sirens have sounded across the country. - According to Iran’s Tasnim News Agency and Fars News, Jordan’s air defense system has been activated. - Fars News, citing Arab sources, reported two explosions in Kuwait. - The UAE’s National Emergency Crisis and Disaster Management Authority stated that its air defense system is responding to missile threats. - Witnesses reported explosions in Doha, Qatar’s capital, and the Qatari government has sent safety alerts to residents’ mobile phones. - The UAE Ministry of Defense confirmed that its air defense system is intercepting missiles and drones coming from the direction of Iran. Multiple Gulf and neighboring countries, including Bahrain, Jordan, Kuwait, the UAE, and Qatar, have successively entered a state of emergency, indicating that the conflict has spread from Iran’s mainland and the Strait of Hormuz to the entire Gulf region.

6 minutes ago

Qatar raises its security threat level, urging the public to stay home.

According to Al Jazeera, Qatar’s Ministry of Interior has stated that the country is at a high security threat level, urging all people to remain indoors or in safe locations. The ministry called on the public to follow safety instructions and avoid non-essential travel. This follows reports from Iranian media that Iran launched a series of strikes targeting US objectives in the Middle East.

6 minutes ago