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UN Secretary-General establishes dedicated working group on the Strait of Hormuz situation

BlockBeats News, March 28, UN Secretary-General’s spokesperson Dujarric commented on the situation in the Strait of Hormuz, stating that as the conflict in the Middle East continues to evolve and potentially escalate, disruptions to maritime trade through the Strait of Hormuz could trigger chain reactions in the coming months, impacting humanitarian needs and agricultural production. … Read more

JPMorgan Chase: Bitcoin outperformed gold during the Iran war, exhibiting characteristics of a safe-haven asset.

PANews reported on March 27th, citing The Block, that JPMorgan analysts stated that Bitcoin outperformed gold and silver during the Iran war, showing signs of capital inflows and increased activity, while precious metals experienced significant capital outflows and position liquidations. Analysts pointed out that gold ETFs saw outflows of nearly $11 billion in the first … Read more

ARK Invest uses Kalshi’s market forecasting data to assist in investment and risk management.

PANews reported on March 27th that, according to The Block, ARK Invest, founded by Cathie Wood, announced it will use Kalshi forecast market data to assist in investment strategies and manage risk. ARK stated that the forecast market data will be used to supplement fundamental and quantitative analysis, provide real-time forecast indicators, and manage portfolios … Read more

AI Welded into the War Machine | Rewire Evening News Brief

The United States delivered a 15-point peace plan to Iran, to which the Iranian military responded: Are you negotiating with yourselves? On the same day, AI was officially integrated into the U.S. war machine. 1|The U.S. Delivers a Surrender List, Iran Says You’re Negotiating with Yourselves Pakistan delivered the U.S.-drafted 15-point peace plan to Tehran. … Read more