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According to the Wall Street Journal, the CEOs of ExxonMobil, Chevron, and ConocoPhillips warned US President Trumps officials that a war with Iran disrupting the Strait of Hormuz would exacerbate the energy crisis.According to the Wall Street Journal, the oil industry warns that the energy crisis caused by the Trump administration is likely to worsen further.On March 16, the Peoples Bank of China (PBOC) announced that it will conduct 500 billion yuan of outright reverse repurchase operations today (March 16) through a fixed-quantity, interest rate bidding process with multiple price levels, for a term of six months (182 days). Since 600 billion yuan of six-month outright reverse repurchase agreements mature in March, this operation by the PBOC means that the amount of six-month outright reverse repurchase agreements renewed this month has been reduced by 100 billion yuan.US-Israel-Iran Conflict: ① Iran 1. Iran claims simultaneous strikes against four US military bases. 2. Irans Supreme Leader reiterates "will seek reparations from the enemy." 3. Iran claims most of the missiles launched so far were manufactured 10 years ago. 4. US-Israel attacks have damaged over 40,000 civilian facilities in Iran. 5. Iran arrests 13 people suspected of espionage and sabotage. 6. Irans Islamic Revolutionary Guard Corps claims it will "hunt down" Israeli Prime Minister Netanyahu. 7. Iran claims to have launched a large-scale attack on Israeli security centers and police headquarters. 8. Irans Foreign Minister states the end of the war depends on two conditions: ensuring the war never resumes and paying reparations. 9. Irans Foreign Minister: Welcomes any regional initiatives that can justly end the war. Never made a ceasefire or negotiation request. 10. Iranian media: Irans Foreign Minister states that Iran is prepared to form an investigative committee with regional countries to investigate the targets of the attacks. Israel may be behind the attacks on civilian targets in Arab countries. ②United States 1. The US called on multiple countries to send warships to the Middle East, with South Korea, Japan, France, and other countries responding. 2. US media: The US government may announce a multinational joint escort mission in the Strait of Hormuz as early as this week. 3. US Central Command: The Iranian Foreign Minister claimed that the US is using one-way attack drones to attack Gulf countries and shifted the blame to Iran. This is a lie. 4. US Energy Secretary: "Clearly" we will have the support of other countries on the Strait of Hormuz issue. The conflict with Iran will end in the "next few weeks," after which oil supplies will recover and energy prices will fall. ③Israel 1. The Israeli military claimed to have struck an Iranian drone launch site. 2. Israeli media: Iranian missile debris hit the US consulate building in Israel. 3. The Israeli Prime Minister released a video confirming he is still "alive" and said he will continue action against Iran. 4. Israeli military spokesperson: Military action against Iran will continue for at least another three weeks. 5. Israeli Foreign Minister: Israel is not facing a shortage of missile interceptors. 6. Israeli military: Expanding the strike range on Iranian infrastructure in more areas of western and central Iran. 7. According to Israel Today: A senior Israeli official stated that the possibility of overthrowing the Iranian regime is lower than initially estimated. ④ Other 1. Switzerland refused to allow two US military aircraft to fly over its airspace. 2. Bahrains worlds top aluminum smelter initiated a production cut plan. 3. Iraq claims that Baghdad International Airport and its surrounding area were attacked by rockets, injuring four people. 4. The British Prime Minister spoke with the US President, mentioning the importance of reopening the Strait of Hormuz. 5. Iraqi Ministry of Oil: The Kurdish Ministry of Natural Resources currently refuses to resume oil exports. 6. The French Foreign Minister will discuss joint naval operations in the Strait of Hormuz with EU foreign ministers on Monday. 7. Iraqi Ministry of Oil: Ready to resume exports via the Ceyhan pipeline, with daily exports not exceeding 300,000 barrels. 8. Senior Kurdistan government official: Welcomes the use of pipelines for oil exports, but only if the dollar embargo on the region is lifted. Gaza Situation: 1. Gaza medical personnel: An airstrike targeting a police car in the Gaza Strip killed eight people. 2. Israel announced that the Rafah border crossing will reopen in both directions starting March 18. Other developments: 1. The Syrian transitional government has taken over the US military base in Rumailan. 2. Israeli Foreign Minister: Israel does not intend to hold direct talks with the Lebanese government in the coming days. 3. Lebanese Ministry of Health: Since March 2, Israeli attacks on Lebanon have resulted in 850 deaths. 4. According to Israels GLZ radio: Israeli Energy Minister Cohen stated that the government is considering canceling the gas agreement with Lebanon. On March 16, Madagascars interim head of state, Landrianirina, appointed Mamitiana Rajonarison as the new prime minister in the capital, Antananarivo, on the evening of March 15. Landrianirina expressed his hope that the new prime minister would quickly form a government, implement national reconstruction policies, and achieve tangible results. Rajonarison was a former officer in Madagascars National Gendarmerie and became the director of the Financial Intelligence Bureau in April 2021, an agency primarily responsible for combating money laundering and terrorist financing.

Crypto.com Expands Services With Shopify Offering 0 Transaction Fees

Skylar Shaw

May 18, 2022 09:45

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Crypto.com, one of the world's most well-known cryptocurrency exchanges, announced today that Shopify merchants may now accept cryptocurrency payments with Crypto.com Pay.

Crypto.com Extends Its Merchant Network

Shopify merchants will be able to tap into the market of clients who choose to pay in cryptocurrency, as well as provide chances for existing users who want to take use of this feature.


To further encourage Shopify retailers, Crypto.com is offering to eliminate the 0.5 percent settlement charge on all transactions for the first month following integration. Crypto.com will be able to spread its payment services to additional Shopify customers as a result of this.


Crypto.com now allows customers to make payments anywhere in the globe with no transaction fees, and it also encourages people to utilize its native currency, Cronos, with its payment platform. Users that purchase with Cronos on Crypto.com earn a substantial amount of crypto-cashback, which may reach 10% during specific times.


Users of Crypto.com will soon be able to pay Shopify merchants in 20 different cryptocurrencies, ranging from Bitcoin to Apecoin, as well as Ethereum, Cronos, Dogecoin, and Shiba Inu.


"Providing more consumers and merchants the chance to participate in commerce using cryptocurrencies is a goal for Crypto.com," said Kris Marszalek, Co-founder and Chief Executive Officer (CEO) of Crypto.com. We're ecstatic to be integrating with Shopify and bringing this functionality to even more consumers and businesses across the globe."

Crypto.com Expands Its Collaborations

With brand champions like Matt Damon, Crypto.com's strongest strength is marketing and advertising. As a result, the exchange is expanding to reach a larger audience.


The most recent move in that plan was Crypto.com's five-year collaboration with the Australian Football League, which saw it become the official cryptocurrency exchange and trading platform for both the AFL and the AFLW.


While it shines in terms of growth, it may struggle in terms of investor recovery as Cronos shareholders attempt to recover from the disastrous May 9 catastrophe.


CRO is up 16.64 percent this week, but it will be difficult for the cryptocurrency to recover from the 43.35 percent price drop experienced during the meltdown.