President Donald Trump blamed Defense Secretary Pete Hegseth for persuading him to launch the Iran war during a Memphis event Monday, claiming he initiated discussions about the Middle East threat with military leaders.
Trump bragged that the stock market had reached 50,000 before Operation Epic Fury began, suggesting continued gains were possible without military action. He framed the decision as a choice between economic growth and eliminating Iran as a "purveyor of terror" for 47 years.
Trump credited Hegseth as "the first one to speak up" in favor of military action, saying the defense secretary argued the U.S. couldn't allow Iran to develop nuclear weapons.
Trump predicted the war could end soon due to "very good discussions" with Iran, though Iranian officials have denied any such talks occurred with the Trump administration.
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Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
