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Binance releases proof of reserves data for ten cryptocurrencies; oil tumbles amid hopes of Iran war breakthrough – as it happened

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Binance has released proof of reserves for ten cryptocurrencies, aiming to reassure users amid financial instability.

Ryanair is considering pay freezes and cost-cutting measures, including reduced crew numbers and increased AI use, due to soaring fuel costs. Supermarket chains in several countries experienced refrigerator malfunctions, raising concerns about a potential cyber-attack. Marvell Technology agreed to acquire Lumentum for $115 billion, positioning them to dominate AI infrastructure development. UK brickmaker Ibstock reported a 22% drop in sales, cutting production to manage inventory. Oil prices fell as hopes grew for a resolution to the Iran conflict, potentially easing supply concerns.

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