News linked to both this project and an event.
the UK-based maritime analysis firm Windward released a report on the 4th, stating that satellite images show Iran's key oil export hub, Kharg Island, has resumed loading operations.The report stated that satellite images obtained on June 2nd show a very large crude carrier (VLCC) anchored near the western terminal of Kharg Island. This is the first confirmed vessel to berth at the facility since it was shut down in early May due to a suspected oil leak. On June 3rd, the VLCC at the western berth and a Panamax tanker at the eastern T-shaped jetty were conducting loading operations simultaneously. By the 4th, the VLCC had completed loading and departed, while the Panamax tanker remained at the dock. Windward stated that the simultaneous resumption of services at both terminals indicates that Iran is actively restoring its crude oil export capacity.The report also noted that small fast boats of Iran's Islamic Revolutionary Guard Corps (IRGC) remain highly active throughout the Strait of Hormuz. This sustained high level of activity indicates that the IRGC maintains a high state of readiness to support Iran-related vessels in the strait. (Xinhua News Agency)
According to Cointelegraph, U.S. law firm Gerstein Harrow LLP has filed an application with the U.S. District Court for the Southern District of New York seeking a temporary restraining order and three writs of execution to prevent the Arbitrum DAO from transferring 30,766 ETH (valued at approximately $73 million) frozen following the Kelp vulnerability. The firm argues that its clients obtained default judgments against North Korea in U.S. courts in 2010, 2015, and 2016, entitling them to roughly $877 million in compensation—and contends that the stolen ETH constitutes North Korean-linked assets that should be used to satisfy those judgments. Kelp DAO suffered a $292 million hack on April 18; the attacker was identified as TraderTraitor, a subgroup of the North Korean state-sponsored hacking group Lazarus Group. Aave Labs previously proposed unfreezing the seized funds and transferring them into the “DeFi United” fund to compensate rsETH holders—but this legal action by Gerstein Harrow may significantly delay compensation for victims. Members of the Arbitrum DAO community have criticized the move, arguing it shifts the burden of North Korea’s debts onto another set of victims, thereby exacerbating the original harm. Gerstein Harrow had previously pursued litigation related to the 2023 Heco Bridge hack involving Teth
Odaily According to a report released on the 19th by Windward, a UK-based maritime analysis company, Iran briefly reopened the Strait of Hormuz before closing it again. In the past 36 hours, 35 ships have turned around and headed back while attempting to exit the strait. The report states that after Iran announced the reopening of the strait on the 17th, ship responses that day were relatively cautious. On the 18th, traffic through the strait was initially sparse but then rapidly increased, with ships rushing to pass through before the situation deteriorated. A total of 35 ships transited the strait that day, including 8 entering (comprising 4 oil tankers, 2 bulk carriers, and 2 other cargo ships) and 27 exiting (comprising 8 oil tankers, 3 bulk carriers, 15 other cargo ships, and 1 passenger ship). (Xinhua News Agency)