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According to ChainCatcher, ahead of the US-Iran negotiations this weekend, oil prices have risen but remain below $100 per barrel. Emmanuel Belostrino, Head of Global Crude Oil and Geopolitical Market Data at Kpler, stated: "The outcome of the negotiations, especially whether a viable shipping agreement can be reached, is the key variable in determining whether the current backlog can begin to ease."

Foresight News reported that ZKP acceleration project Cysic announced on social media that its mainnet proving system will be upgraded to Venus zkVM, and this upgrade will be mandatory for network participants. After the upgrade, proving speed will increase by approximately 2.5 times compared to the previous generation, about 9% compared to ZisK 0.16.1, and it will support multiple GPUs.

Last Friday, the most actively traded wheat futures in the US fell 4% week-on-week, marking the biggest drop since June last year. This was due to the fact that, although the US-Iran ceasefire agreement had a shaky start, it may be expected to continue, which could alleviate concerns over the supply of key agricultural production materials such as fertilizers and fuels.