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Barnacle Scrapers Cash In As Persian Gulf Shipping Bottleneck Eases

Barnacle Scrapers Cash In As Persian Gulf Shipping Bottleneck Eases Demand for commercial divers who clean ship hulls has surged as vessels stranded in the Persian Gulf prepare to leave following a tentative US-Iran peace agreement reopening the Strait of Hormuz, according to Bloomberg. According to Captain Manandeep Singh Kukreja of Prominence Shipping Services, requests for hull-cleaning crews have increased more than 30-fold since the announcement. Fees for cleaning a single vessel could rise up to 60%, from about $5,000 to $8,000. Bloomberg reports that around 600 ships remain stuck in the...
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Jun 5, 2026 / Tyler Durden
Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer
Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer Authored by Turner Wright via CoinTelegraph.com, Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer. In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow borrowers to initially use Bitcoin (BTC) or USDC (USDC) as collateral for loans to fund down payments for homes. The initiative, first announced in March, represented a significant shift in companies allowing digital assets to be used for...
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Jun 18, 2026 / Tyler Durden
ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock
ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock By Tsvetana Paraskova of OilPrice.com Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said this week. The ECB last week raised key interest rates for the euro area for the first time since 2023 as the Middle East conflict hiked energy prices that have started to feed into core inflation. The ECB raised the key interest rate by 25...
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Jun 4, 2026 / Tyler Durden
63 Arrested, Crypto Millions Frozen As FBI, DOJ Team Up With Meta, Coinbase And Starlink To Bust Scammers
63 Arrested, Crypto Millions Frozen As FBI, DOJ Team Up With Meta, Coinbase And Starlink To Bust Scammers Authored by Naveen Athrappully via The Epoch Times, More than 1 million scam-related online accounts were taken down, and millions of dollars worth of cryptocurrency were frozen, as part of a crackdown on Southeast Asian scam networks. Scam center workers, many of whom were trafficked and forced to work for criminals, are guarded by Karen Border Guard troops in Myawaddy, Burma, on Feb. 26, 2025. Stringer/Reuters The crackdown operations, conducted by U.S. and international agencies...
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