Iran Claims Attack on US Military Bases in the Middle East
On March 14, Ali Reza Tangsiri, commander of Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy, stated in a post on his personal social media that Iran’s Navy carried out multiple consecutive attacks targeting key U.S. military assets at Zafar, Sheikh Isa and Udeid bases.
Assets hit and set ablaze included radar systems, control towers, hangars, runways and fuel depots linked to the U.S. “Patriot” missile defense system.
Source: CCTV International News
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Iran Says Hark Island Situation Is Under Control
Iran said on March 14 that the situation on Hark Island is under control, with its defense systems back online minutes after the attack.
Bushehr Province’s deputy governor stated early that day that U.S. and Israeli forces launched a strike on the island in the early hours of March 13, damaging some military facilities and Hark Airport.
Oil facilities on Hark Island remain intact, oil exports are proceeding normally, and business operations for on-island enterprises have not been interrupted.
Despite the strike, the island’s overall situation is calm, residents are going about daily life in an orderly, secure manner. No military personnel, oil company staff, or residents were injured. All departments are functioning normally.
(CCTV News)
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USDC Market Cap Nears $80 Billion All-Time High; Stablecoin Market Cap Grows 0.93% in One Week
March 14: On-chain stablecoin market cap stood at $315.9 billion as of Wednesday, up 0.93% week-over-week, per DefiLlama data. USDC’s market cap is approaching its all-time high of $80 billion, holding a roughly 25% share of the stablecoin market.
Dubai-based analyst Rami Al-Hashimi ties the surge in stablecoin demand to capital outflows from the UAE. Dubai property prices have dropped ~27% this month, while the DFM Real Estate Index (tracking Dubai-listed real estate and construction firms) fell from a recent high of ~16,800 points to ~11,516 — a ~31% decline.
Off-exchange trading platforms in Dubai are struggling to meet USDC demand. Some property sellers now accept crypto payments, offering 5-10% discounts for buyers using BTC.
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MiniMax has been approved as an HKEX official commercialization company, and its stock symbol will be changed to MINIMAX-W.
**MINIMAX-WP (0100.HK) Upgrades to Formal Commercialization, Stock Abbreviation to Change**
Per monitoring by 1M AI News, Hong Kong-listed firm MINIMAX-WP (stock code: 0100.HK) announced post-listing it has upgraded from "pre-commercialization" to formal commercialization after meeting revenue targets—satisfying Hong Kong Stock Exchange (HKEX) regulatory requirements for high-growth tech stocks.
The company’s 2025 annual revenue exceeded the HK$250 million commercialization threshold.
Its stock abbreviation will drop the "P" marker, changing from MINIMAX-WP to MINIMAX-W. The new ticker takes effect at 9:00 AM on March 18, 2026, with the stock code remaining 0100.HK.
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Iranian Senior Commander: Ending War Requires Two Conditions
Mohsen Rezaee, a senior commander of Iran’s Islamic Revolutionary Guard Corps (IRGC), said Wednesday (March 14) that Iran would consider ending the war under two conditions: Iran recovers all its losses, and the United States withdraws from the Persian Gulf. (CCTV News)
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GCL New Energy makes a cross investment with Pharos
Per an official announcement, L1 public chain Pharos has entered a strategic capital partnership with Hong Kong-listed Xinjiang Goldwind Science & Technology Co., Ltd. (HKEX: 0451). Goldwind has finalized its investment in Pharos, valuing the L1 chain at nearly $1 billion.
A core condition of the deal: Within three months following Pharos’ token generation event (TGE) and across subsequent three-month periods, its average fully diluted valuation (FDV) must not fall below $7.6 billion. Missing this threshold will block any subsequent investment.
This investment will allow Pharos to advance the real-world asset (RWA) market from conceptual pilots to large-scale, sustainable industrial commercialization.
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