Dogecoin is a cryptocurrency created in 2013 as a bifurcation of the Litecoin blockchain. Its task is to conduct peer—to-peer transactions without centralized management. Earnings on the coin were not expected. The developers thought it would be a humorous parody to encourage content creators.

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Iran considering halting Hormuz Strait shipping to avoid US provocation and protect ongoing negotiations, BBG reports. The move indicates Iran’s cautious approach to international diplomacy. Read more.