Search results for Navy
Crypto
U.S.-Iran Hormuz clash sends oil tumbling; bitcoin, altcoins shaken
Oil and cryptocurrency markets swung after reports that the U.S. military fired warning shots at an Iranian oil tanker near the Strait of Hormuz and disabled the vessel. BeInCrypto reported that bitcoin and major altcoins fell first as fears of a wider Middle East conflict fueled risk-off selling, then steadied as oil reversed and fell sharply. Iran and U.S. Central Command issued conflicting accounts, and markets are watching for further statements and any disruption to shipping.
Industry
U.S. Navy\'s MQ-25A Stingray refuelling drone completes first flight
The U.S. Navy’s MQ-25A Stingray autonomous aerial refuelling drone has completed its first flight, following a pre-set mission plan for taxi, takeoff, flight and landing. Commands were issued via the MD-5 ground control station, while personnel monitored performance and could stop or adjust the mission. Boeing executive Dan Gillian said the test built on MQ-25A T1 prototype experience. The drone is designed to take over refuelling duties from F/A-18 Super Hornets.
Crypto
Iran firms turn to bitcoin instead of oil to weather sanctions
Iranian companies are increasingly using cryptocurrencies to keep overseas remittances and transactions going amid sanctions and financial isolation. Oil remains central to state finances, but digital assets have become a practical payment tool for day-to-day business. Rising regional tensions have coincided with moves in oil and bitcoin prices. Users convert rial deposits into crypto for transfers abroad, while mining has spread on low electricity costs, though it strains the power grid and enforcement.
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Crypto
U.S.-Iran ceasefire talks end without deal; bitcoin and ether weaken
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AI & Enterprise
National AI strategy panel urges investment in Navy, Marine Corps AX hubs
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Finance
IBK Industrial Bank of Korea to provide 200 billion won support to SMEs involved in navy vessel MRO
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AI & Enterprise
ITCEN Entec begins work on Busan smart aquaculture big data centre
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Industry
Samsung Electronics adds MILIPASS to Samsung Wallet
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AI & Enterprise
LG CNS wins back-to-back defence IT contracts
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AI & Enterprise
Tech outlook after 2026: Dawn of the renaissance developer