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Iranian media report that undersea cables in the Strait of Hormuz may be at risk
Svmuu News: Iran's semi-official Tasnim News Agency reiterated on Wednesday that Arab Gulf states may still face the risk of undersea data cables in the Strait of Hormuz being cut. Tasnim News Agency reported, “If multiple major cables are damaged simultaneously, whether due to accidents or deliberate sabotage, it could trigger severe internet outages in the Persian Gulf. "Multiple cables traverse the Strait of Hormuz. The Gulf region has previously experienced internet outages due to repeated cuts to undersea cables in the Red Sea. Yemen’s Houthi rebels have also previously issued threats regarding the cables. (AP)
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24H Trending
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ETH inter-exchange spread reaches 1.11%
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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