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1 Sept 2025, 21:20
Europe sees surge in electronic warfare incidents
The European Union will be boosting its satellite defense infrastructure after a GPS-jamming incident involving the plane carrying the Commission’s President, Ursula von der Leyen. Von der Leyen’s aircraft was forced to circle for about an hour and had to rely on ground-based navigation systems while approaching the Bulgarian city of Plovdiv on Sunday. Bulgarian authorities later confirmed that GPS signals had been jammed, with Moscow emerging as the alleged source of the interference. Europe sees surge in electronic warfare incidents Since Russia’s invasion of Ukraine, GPS signal disruptions have become a nuisance that people have learned to live with across Europe, especially when they travel near Russian and Belarusian airspace. Pilots, ship captains, and travelers have reported sudden failures in navigation and communication systems, glitches that experts say are no accident, but part of Moscow’s strategy to unsettle daily life and critical infrastructure. What was once a distant concern for border regions is now spreading deeper into Europe , even disrupting civilian flights over central and southern skies. The jamming incident that forced Ursula von der Leyen’s aircraft to rely on ground-based navigation is the clearest reminder yet that electronic warfare can touch not only trade and travel, but the movement and safety of Europe’s top leaders. Security officials warn that Russia’s deployment of mobile jamming units along its western frontier isn’t just a nuisance. It represents a growing challenge to NATO’s ability to operate freely and safely in the region. Brussels accelerates defense response In response , Defense Commissioner Andrius Kubilius announced plans to deploy low Earth orbit (LEO) satellites designed to provide more resilient positioning and communication services while also improving the bloc’s ability to detect and counter signal interference. The episode may also make the EU speed up its Readiness 2030 program , which is an €800 billion ($937 billion) defense and resilience initiative unveiled earlier this year. The program aims to strengthen Europe’s military capabilities , cyber and electronic warfare defenses, and reduce reliance on external partners for strategic infrastructure. EU officials have added that this effort also involves boosting the capabilities of Galileo, the bloc’s independent satellite navigation system, which will be central to efforts to reduce exposure to hostile jamming. While Galileo has been operational for quite a time, reliance on US-owned GPS remains significant, leaving European transport and aviation systems more vulnerable to external interference. Diplomats described the latest jamming incident targeting a high-profile official like Von der Leyen as a pointed reminder of Moscow’s unwillingness to play ball, taking every opportunity to challenge authority even in non-military domains. The EU’s security establishment now faces a dual challenge, which is reinforcing the credibility of its deterrence posture while avoiding escalation with Moscow. KEY Difference Wire helps crypto brands break through and dominate headlines fast
13 Aug 2025, 10:41
OKX token hits ATH after 65M OKB burn and supply cap plans
The cumulative crypto market printed green indexes all around as Ethereum led the bullish sentiments for altcoins. Amid this, OKX’s native token, OKB, literally blasted by more than 173% over the past 24 hours to hit its new all-time high (ATH), while other top exchange-based tokens watched it pump. The massive surge comes in as OKX is rolling out one of its strategic upgrades to its zkEVM-based public chain, X Layer, and a decisive shift in tokenomics. It includes the permanent burn of a staggering 65.26 million OKB from historical buybacks and reserves. However, it would also fix the total supply at 21 million. OKB tops CEX token gains According to the announcement, OKTChain will be phased out with all OKT automatically converted to OKB based on a month-long average closing price between July 13 and August 12, 2025. The update led the way to a brief rally for the OKB price to hit over $139 before retracting to around $106. OKB is trading at an average price of $110.7 at press time. Its 24-hour trading volume spiked by 15,812% to hit $842 million. OKB is among the top 5 biggest CEX tokens. It holds the market cap of over $6.5 billion. Source: CoinMarketCap. Wednesday morning turned out to be good for all the top exchange-based tokens. Binance’s BNB price jumped by 6% to trade around $853. Its 24 hour trading volume is up 22% to stand at $3.27 billion. It is the biggest CEX-based crypto and holds a market cap of $118 billion. UNUS SED LEO (LEO), the second-largest token in the category, also remained up by 3%, depicting positive sentiment among investors. LEO is trading at an average price of $9.24 at press time. OKX aims at DeFi, payments, RWA OKX mentioned that since launching X Layer in 2023 with Polygon, it has steadily built up speed, scale, and developer adoption. Now, it’s doubling down on its goal to make X Layer a prime destination for DeFi, payments, and real-world asset applications. The chain has fully integrated Polygon’s latest CDK upgrade, boosting throughput to 5,000 TPS. This slashes gas fees to near zero, and tightens security while staying Ethereum-compatible. OKX Wallet, Exchange, and Pay will all natively run on X Layer. Source: OKX’s announcement . From August 13, OKT trading will be halted, and withdrawals of OKB to Ethereum L1 will stop by the same afternoon. By August 15, OKT will be automatically swapped to OKB on user accounts, followed by the mega-burn event that locks OKB’s supply forever. The final step comes on August 18, when the OKB smart contract will be upgraded to eliminate minting and burning functions. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
11 Aug 2025, 09:05
Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens
Shiba Inu is testing a crucial downtrend resistance at $0.00001553 after a 12% weekly gain. On-chain data shows an 181% burn rate spike and increased large-holder activity. A breakout could trigger a measured move toward $0.00001945 for SHIB token. Shiba Inu (SHIB) has surged 12% over the past week, climbing to $0.00001374 with a market cap of $8 billion as it attempts to break back into the top 20 cryptocurrencies. The token currently sits at rank 22 on CoinMarketCap, looking to flip major assets like TON and LEO. $SHIB is only 7% away from passing TON and reclaiming the Top 20. the comeback is in motion. The people’s coin doesn’t stay down for long. pic.twitter.com/FqIDye2LCe — CRYPTO SHIB (@cryptoshibs) August 10, 2025 SHIB Burn Rate Up, Whales Buy Meanwhile, the SHIB burn rate has spiked 181.26% in the past 24 hours, removing over 821,000 tokens from circulation, according to Shibburn , further favoring the bullish momentum. Also, IntoTheBlock data shows significant whale movement. Large holder addresses, which include both whales and major exchanges, saw SHIB outflows jump from 183.03 billion tokens on August 7 to 359.6 billion by August 9… The post Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens appeared first on Coin Edition .
6 Aug 2025, 07:41
BNB and LEO Show Resilience Amid Market Declines, Holding Strong with Minimal Drawdowns
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5 Aug 2025, 14:33
Eutelsat rides Ukraine and government deals to beat revenue projections
French-based satellite operator Eutelsat has reported a modest increase in revenue for the year to June 30, beating forecasts due to solid demand mainly from governments. This comes as both corporate clients and European governments are also looking at other options outside US service providers like Starlink . The Paris-listed company generated €1.23 billion in revenue in the year under review, a modest 0.8% increase on the previous year. Analysts had forecast €1.21 billion, according to a company-compiled consensus. Eutelsat targets high-margin sectors like governments Much of the uplift came from the firm’s expanding presence in low Earth orbit (LEO) operations. Revenues from these services surged by 84.1% year-on-year to €187 million, now accounting for around 15% of total income. “We are seeing real momentum in LEO,” said CEO Jean-François Fallacher. “This is a transformative period for the satellite industry, and Eutelsat is positioned to lead the development of Europe’s sovereign space infrastructure.” ~ Fallacher Fallacher added that the framework agreement with the French military also attests to this, while the recently announced €1.5 billion capital increase would give the satellite company the necessary financing to implement its strategic roadmap. While Elon Musk’s Starlink and Amazon’s Kuiper continue to dominate the consumer satellite broadband space, Eutelsat is targeting more specialized markets. Fallacher said the firm does not intend to compete directly with these giants for household customers. Instead, Eutelsat is focusing on high-margin sectors such as government services, in-flight connectivity and maritime coverage. A significant portion of recent revenue came from government contracts, including expanded services in Ukraine. The German government has reportedly been covering Ukraine’s access costs to Eutelsat’s network for the past year. Fallacher also pointed to increased demand from governments outside the US, notably Taiwan. LEO revenue is expected to grow by a further 50% next year, the company said, although this will not yet fully offset losses in its traditional video broadcasting business, which continues to decline amid Russian sanctions and shifting market dynamics. Eutelsat has attracted attention from European governments as they look at creating a home-grown solution and an alternative to the Elon Musk-owned Starlink. Legacy business weighs on bottom line Despite the revenue boost, Eutelsat reported a net loss of €1.1 billion for the year. It attributed the loss to impairments mainly related to the company’s geostationary satellites assets (GEO). Apart from the 600 LEO satellites managed by the British-based firm OneWeb it merged with two years ago, Eutelsat also runs 34 GEO satellites, which are used mainly for television broadcasting and fixed satellite internet. The satellite operator is undergoing significant restructuring. Alongside Fallacher’s recent appointment as CEO, a new chairman has been installed, and a €1.5 billion capital injection is being led by the French and UK governments, along with other key stakeholders. The capital raise will help finance Eutelsat’s transition strategy, which hinges on dual GEO-LEO operations and a growing role in Europe’s sovereign satellite plans. Fallacher said the company is well placed to serve both public and private sectors, citing a recently signed framework agreement with the French military as an example of how Eutelsat’s offering fits into wider national security and space ambitions. “Thanks to its differentiated GEO-LEO positioning and global coverage, Eutelsat is positioned to be a key player in the development of the European sovereign space of tomorrow,” he said. Eutelsat’s investors are also upbeat. Its shares jumped 1.2% during early trading and have soared by 30% on a year to date basis. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.