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Trump declares "Iran is dead", cites multiple accusations to claim Iran "has completely failed"

2 hours ago

U.S. President Trump posted on social media that Iran has officially become a failed state. It is "dead"! They have no navy, no air force, no currency, cannot pay the salaries of soldiers and police, and have an inflation rate as high as 300%. Its leadership is completely chaotic and unable to properly represent the country. The only things they possess are "fake news" from the U.S., the willingness to kill protesters (more than 100,000 people have died so far), and a set of elaborate "nonsense". They must be tried for crimes against humanity and war crimes!

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Cronos chain has resumed block production, with its chain state rolled back to before the Tectonic exploit.

Cronos Network has officially announced that it has resumed block production and full operation. Prior to this, Cronos suspended block production following a vulnerability exploit incident involving the Tectonic protocol. Validators implemented emergency consensus measures to protect user funds, rolling back the chain state to a point before the Tectonic exploit on August 30. The network resumed block production at 23:49:01 UTC on August 30, starting from block height 90,896,189. Cronos noted that node operators can now restart their nodes using Cronos v1.7.8 and the latest mainnet snapshot. The network remains under continuous monitoring, with some protocols, RPC providers, block explorers, and cross-chain bridges expected to take longer to fully recover. Cronos added that its team will release a full incident review report once network stability is confirmed.

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Mediatek: Alphabet Participates in $3.9 Billion Overseas Convertible Bond Offering

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Senior Iranian source: Whenever the United States launches an attack on Iran, Tehran will respond with a retaliatory strike dozens of times larger than the attack.

A senior Iranian source stated that whenever the United States launches an attack on Iran, Tehran will respond with a retaliation "dozens of times larger than the attack". Iran's retaliation against the U.S. strike on Larak Island demonstrates that "no target in the region is beyond Tehran's strike range". The situation in the Strait of Hormuz will grow more severe for vessels violating Tehran's rules. Recent hostilities remain a "limited and controllable confrontation" between Iran and Washington. (Jinshi)

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Tom Lee: Bitmine is just 100,000 ETH away from purchasing 5% of the total Ethereum supply.

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US stocks open, with all three major indices broadly lower.

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A whale holding over 100,000 ETH transferred 2,858 ETH to a centralized exchange (CEX)

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