Lookonchain APP

App Store

The UAE and Iran Hold Face-to-Face Meeting to Ease Tensions

1 hours ago

June 11, per a Bloomberg report, senior national security officials from the United Arab Emirates and Iran held their first face-to-face meeting since the U.S. carried out strikes on Tehran. Sources noted this week’s talks mark a notable shift in both sides’ stances, as they increasingly prioritize building a more stable bilateral relationship. The UAE leadership aims to advance its ambitious economic projects—including billions in planned investments to boost oil production capacity and build an artificial intelligence data center—on schedule. For Iran, ties with the UAE are equally critical: pre-war, the UAE was Iran’s largest Gulf trading partner and a key conduit for its sanctioned oil exports. Since the war erupted in late February, Iran has targeted the UAE in more attacks than any other country. Abu Dhabi has retaliated multiple times, positioning itself as the Arab neighbor taking the hardest line against Iran. Now, the UAE appears to be following the path of Qatar and Saudi Arabia, seeking to ease tensions through diplomatic channels. (Source: FXStreet)
Relevant content

Binance Launches bStocks: Disrupts Hyperliquid 24/7 US Stock Trading Dominance, Takes Lead in Tokenized Securities Market入

On June 11, following Binance’s official launch of tokenized securities bStocks, U.S. stock trading is converging even further toward the nonstop trading model that defines crypto assets. Unlike traditional exchanges like the New York Stock Exchange (NYSE) and NASDAQ, bStocks can be traded 24/7 on Binance’s spot market—covering after-hours windows outside regular U.S. stock market hours, plus weekends, holidays, and other periods when traditional markets close. The initial bStock listings include five assets: NVIDIA, Tesla, Circle, Micron, and SanDisk. To access bStocks, users first hold the underlying U.S. stocks via Binance’s stock trading platform, then convert those holdings to bStocks at a 1:1 ratio. Conversions back to original stocks are allowed anytime, with no lock-up periods or conversion fees. Before Binance’s move, 24/7 U.S. stock trading was a core advantage in the Hyperliquid ecosystem, with on-chain trading platforms like trade.xyz and Ventuals leading this space. For e

13 minutes ago

CME FedWatch: Fed Rate Hike Probability Reaches 69%

June 11 update: Data from CME Group’s FedWatch tool shows the probability of the Federal Reserve raising interest rates at least once this year is 69%. Breaking down expected hike sizes: a 43.4% chance of a 25 basis point increase, 21.2% for a 50 basis point hike, 4.1% for a 75 basis point move, and 0.3% odds of a 100 basis point rise.

13 minutes ago

NFT mortgage lending platform NFTfi to shut down frontend and cease operations on August 31

On June 11th, NFTfi—an NFT mortgage lending platform—officially announced on Platform X that ongoing struggles in the NFT market mean its projected revenue can’t keep pace with operating costs, leading the company to gradually wind down the project over the coming months. Effective immediately, the platform will stop accepting new loan originations. For existing loans, borrowers can refinance through July 31st, and all outstanding loan balances must be repaid by August 31st. Every existing loan will be honored exactly as laid out in their original terms. NFTfi will cease all operations and take its frontend website offline on August 31, 2026. The smart contracts will continue to run autonomously on the blockchain, letting users still repay loans and claim their collateral directly through these contracts. Before the shutdown date, the platform will release detailed step-by-step guides for interacting with the smart contracts directly, and its Discord server will stay active during th

13 minutes ago

US Media: Trump Unhappy with "Muted" Response to Iran Strike, Believes Iran and Media Not Taking It Seriously

June 11 — Two people familiar with President Donald Trump’s reaction told CNN this week that he is furious after ordering a new round of U.S. strikes against Iran, as neither Tehran nor U.S. media deems the military action forceful enough.

13 minutes ago

SpaceX IPO Attracts at Least $5 Billion Order from BlackRock

On June 11, BlackRock has placed a subscription order of at least $5 billion for SpaceX’s IPO, according to sources familiar with the matter.

13 minutes ago

US Stock Market Midday: Space Theme ETF Surges, NASA Up by 7.81%

June 11 | SpaceX’s IPO Enters Countdown, Space-Themed Stocks Surge in U.S. Markets. According to data from Bitget, space-focused exchange-traded funds (ETFs) delivered solid gains during the U.S. stock trading session. The Tema Space Innovators ETF (ticker: NASA) climbed 7.81%, the Roundhill Space & Technology ETF (ticker: MARS) rose 6.26%, and the PROCURE ETF Trust II Space ETF (ticker: UFO) added 4.62%.

13 minutes ago