According to multiple Iranian media outlets, including Tasnim News Agency, on the 11th, given the intensive consultations in Islamabad, Pakistan, the progress made at the meeting between the Iranian and Pakistani leaders, the restraint of Israeli attacks in Lebanon, and the US acceptance of the proposal to unfreeze Iranian assets, Iran and the US decided to initiate negotiations. Earlier, the White House denied claims that the US had agreed to unfreeze Iranian assets. (Xinhua)

According to Lookonchain monitoring, a trader entered the market four months ago at $38.68 with 5x leverage, going long on 1.38 million HYPE tokens, worth $58.4 million, making it the largest on-chain HYPE long position. The trader has now returned to profitability, and despite paying $2 million in funding fees, the unrealized profit still exceeds $5 million.

Odaily Planet Daily reports that Kaitlin Martin, a senior intelligence analyst at Chainalysis, stated that shipping companies using cryptocurrency to pay transit fees for shipments destined for Iran could face serious sanctions risks. Martin told Cointelegraph that under the current sanctions framework, any payments to the Iranian regime, including those related to passage through key waterways, could be interpreted as “material support,” putting companies at risk of violating US and international restrictions. “Doing so could carry a serious risk of sanctions violations because the Iranian Revolutionary Guard is sanctioned by multiple jurisdictions, and Iran is also subject to comprehensive US sanctions,” she said. Previous reports indicated that Iran might seek to collect transit fees in cryptocurrency. While not officially confirmed, US President Donald Trump has stated that he will not accept any attempt by Tehran to impose tolls on shipments passing through this vital waterway. (Cointelegraph)

According to Odaily Planet Daily, US and Iranian delegations held talks in Islamabad, the capital of Pakistan, on the 11th. (Xinhua)

According to Odaily Planet Daily, based on the analysis of more images and videos, US media and military experts have further confirmed that the US military used PrSM missiles to attack multiple civilian targets in Fars province on the first day of its military operation against Iran, resulting in dozens of deaths. The US Central Command denied using PrSM missiles to attack the stadium, stating that the weapons appearing in the related videos matched Iran's "Khoveize" missiles. However, The New York Times reported on the 10th that the newspaper and military experts analyzed more images and videos, further confirming from the missile detonation method, target damage characteristics, and missile flight trajectory that the US military not only used PrSM missiles to attack the stadium that day, but also attacked a school and two residential areas. All of the attacked facilities were less than 300 meters from an Iranian Islamic Revolutionary Guard Corps facility. (CCTV News)