Dubai Gold Faces 'Flight Suspension' Crisis, Air Transport Disruption Causes Significant Contango
March 6 — Gold in Dubai is being sold off at steep discounts amid the Middle East conflict, which has caused flight cancellations and hampered suppliers’ ability to ship bars out of the key trading hub.
Many buyers have halted new orders, unwilling to pay exorbitant shipping and insurance costs amid uncertainty over timely delivery.
According to people familiar with the matter, traders are offering discounts of up to $30 per ounce **below** the London global benchmark to avoid indefinite storage and financing costs.
Sources noted that while some gold shipments left Dubai by midweek, a large volume of cargo remained stranded as of Friday.
The UAE—especially Dubai—is a key hub for refining and exporting gold bars to buyers across Asia, as well as a transit point for goods from Switzerland, the UK and several African nations.
The U.S.-Israel conflict with Tehran entered its seventh day with no signs of a resolution, and the region’s airspace remains partially closed amid he
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Binance to Upgrade to U Futures Contract WebSocket System
Binance announced on March 6th, per official sources, that it will upgrade the U-based Contract WebSocket URL architecture to support sustained WebSocket traffic growth and enhance overall stability and scalability.
The new architecture routes traffic by data type (Public, Market, Private), delivering clearer routing, improved connection management, and stronger operational isolation.
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Binance will add watch label for tokens such as WIF and COS, remove watch label for FLOW, and remove seed labels for ONDO and VIRTUAL
Binance to Update Token Watchlist, Remove Watchlist/Seeding Tags on March 6, 2026 – Official Sources
According to official sources, Binance will adjust its token watchlist and seeding tags on March 6, 2026. Here’s the breakdown:
**Tokens Added to Watchlist**: Contentos (COS), Dego Finance (DEGO), Ampleforth Governance Token (FORTH), FUNToken (FUN), Hooked Protocol (HOOK), Loopring (LRC), MOBOX (MBOX), Orchid (OXT), dogwifhat (WIF)
**Tokens Removed from Watchlist**: Flow (FLOW)
**Tokens Removed from Seeding List**: Ondo (ONDO), Virtuals Protocol (VIRTUAL)
Note: Watchlisted tokens may have higher volatility and risk than other listed tokens. Binance will closely monitor and continuously review these tokens. Trading them is risky—they no longer meet the platform’s listing standards and could be delisted.
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Binance: December 2025 Flow Security Incident Fully Resolved, Affected Users Fully Compensated
March 6 (Official) — Binance has issued a statement on the December 2025 Flow Network security incident.
On December 27, 2025, an external attacker exploited a security vulnerability in the Flow Network. Binance collaborated with the Flow Foundation to quickly contain the incident’s impact, conduct a full investigation, and take steps to secure user assets.
Binance and the Flow Foundation have fully resolved all issues tied to the December 2025 incident. All affected users have been fully protected and received full compensation.
As of now, FLOW token deposits and withdrawals on Binance are fully restored. The Flow Network is operating normally with no ongoing impact, and FLOW’s listing status on Binance is back to normal.
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South Korea ETF Closing Plunge to $125.7, Hyperliquid Premium on the Futures Contract has surpassed 4.4% during the trading halt
March 6 – Per HyperInsight data, the iShares South Korea ETF (EWY) closed down 6.42% today at $125.74. Meanwhile, during the U.S. stock market’s closure, cash:EWY on the Hyperliquid platform continued to rebound, currently trading at $131.1 — a premium of over 4.4% to the ETF’s closing price.
Less than one hour remains until U.S. stock pre-market trading starts. Typically, elevated contract premiums gradually converge to spot prices once the market opens.
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Former BOJ Official: BOJ April Rate Hike Probability Still About 50%
**March 6th**
Former Bank of Japan (BOJ) monetary policy official Eiji Maeda said Wednesday that despite new uncertainty from the Iran conflict, the BOJ still has roughly a 50% chance to raise interest rates next month—after holding rates steady in March.
Maeda noted the next rate hike is likely in April or June, with those two timelines carrying roughly equal odds now, calling the situation “extremely difficult” for the central bank.
He added an April hike would be more prudent given the growing risk of falling behind inflation, a view aligned with market expectations: Overnight index swaps (OIS) point to a ~60% consensus probability of an April rate increase.
Maeda warned that if the BOJ doesn’t act in April, the yen could weaken further. A break below 160 against the U.S. dollar would raise the risk of the central bank lagging market trends, he said. Even at current levels, the yen is “quite weak,” and a slight pullback would be more comfortable for Japanese businesses an
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