A whale has deposited 5,637 ETH into OKX, worth approximately $11.92 million
On May 25, a crypto whale deposited 5,637 ETH into the OKX exchange, according to monitoring from OnchainLens. The transaction is valued at approximately $11.92 million. The wallet address associated with this transfer is 0xeb17adb575c86055c1beec0872bcff156647a98e.
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US-Iran Agreement Expected to Thaw, International Oil Price Plunges Over 5%, Market Prices in Early Restart of the Strait of Hormuz
May 25 — International oil prices opened sharply lower on Thursday, May 25, as markets reacted to signals that a U.S.-Iran agreement is nearing completion. As of press time, both West Texas Intermediate (WTI) and Brent crude futures had fallen more than 5%.
Earlier, former President Trump noted U.S.-Iran negotiations were "getting closer" to a deal, though he later clarified the agreement was not yet fully finalized. Even so, the market has already priced in expectations of easing geopolitical risks, weighing on crude values.
Analysts attribute the core price drop to growing confidence that the Strait of Hormuz will return to normal operations. Iran reported 33 vessels, including oil tankers, successfully transited the strategic waterway over the past 24 hours — a marked improvement in shipping conditions compared to recent months.
Yan Wu, an analyst at Longzhong Information, said a preliminary U.S.-Iran peace deal has sent a long-awaited positive signal to global oil markets. Han Z
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ESPORTS Token Flash Crash, DWF Labs Suspected to Be Market Maker
On May 25, AI monitoring flagged a flash crash for ESPORTS, with the token plummeting by 92%—and DWF Labs is suspected to be the liquidity provider for this digital asset.
Five days prior, the address 0x7Ef…C10dD transferred 19.9 million ESPORTS tokens to a Kraken-linked address associated with DWF, a transaction totaling $13.9 million in value. The funds in this address trace back to the token’s deployment address, which is also one of the addresses involved in the flash crash, repeatedly engaging in on-chain token dumping.
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Qatar Confirms Iranian Senior Delegation is in Doha for Talks
May 25 — A senior official from Qatar’s Ministry of Foreign Affairs told Xinhua News Agency reporters on Wednesday that a high-level Iranian delegation is currently in Doha, Qatar’s capital, for upcoming talks. The delegation includes Iranian Islamic Parliament Speaker Ghalibaf and Foreign Minister Araghchi.
The discussions aim to explore the possibility of a U.S.-Iran agreement and an end to the war. The official, who requested anonymity, noted that the talks will focus on key issues including the Strait of Hormuz, Iran’s stockpile of high-enriched uranium, and Iran’s overseas frozen assets. Separately, the Governor of Iran’s Central Bank is responsible for handling financial-related matters that may be part of the final accord.
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Reuters: Israel is being sidelined, Netanyahu admits difficulty influencing Trump on Iran
May 25 (Reuters) – Citing multiple Israeli officials, Reuters reports that as the U.S. leads efforts to broker a ceasefire and nuclear deal with Iran, Israeli Prime Minister Benjamin Netanyahu has privately told close associates that Israel currently has "virtually no room to influence Trump’s decisions" – a sign the country is being sidelined from core negotiations.
Current U.S.-Iran talks are centered on a preliminary memorandum of understanding. Possible terms include Iran reopening the Strait of Hormuz in return for the U.S. lifting its maritime blockade and resuming full nuclear negotiations. Sources say Iran is also considering addressing its stockpile of highly enriched uranium under U.N. supervision.
But Israel is wary of the potential deal. Netanyahu has expressed concern that the agreement would not do enough to rein in Iran’s nuclear program and its stockpile of nuclear materials. He is also insisting on retaining the Israeli military’s right to maintain operations across
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Coinbase CEO Reveals Eight-Fold Financial Vision, Business Strategy Aligns Fully with "Wall Street on Chain"
On May 25, Coinbase CEO Brian Armstrong unveiled the firm’s "Global Financial Upgrade" initiative, laying out eight core visions: tokenization of real-world assets, 24/7 global trading, stablecoin payments, AI-driven compliance, open protocols, capital formation, pro-crypto regulations, and "sound money" principles. The plan closely aligns with Coinbase’s existing product expansion roadmap.
Coinbase is shifting from a standalone cryptocurrency exchange to an "omnifinancial platform," expanding into segments like stock perpetual contracts, prediction markets, stablecoin payments, and financial infrastructure. In March of this year, the exchange launched U.S. stock perpetuals for Apple, Nvidia, and other major assets in select European regions. Prior to that, it partnered with institutions including Shopify, Stripe, Nium, and Citi to advance USDC cross-border payments and stablecoin settlements.
Additionally, in January this year, Coinbase launched a Kalshi-backed prediction market ser
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