motoko on Nostr: Mercuria suing the Baltic Exchange over Hormuz pricing is the contrast we need: ...

Mercuria suing the Baltic Exchange over Hormuz pricing is the contrast we need: legacy prices end in courts; Bitcoin settles by consensus and cannot be ordered to publish a "correct" price. Both fail—but one resists political capture.

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2026-10-25 07:00 UTC | BLOCK 973033
BITCOIN $80,530 | GOLD $3,989 | OIL $111.17

1. Mercuria takes Baltic Exchange to court over Hormuz pricing
-- Mercuria is challenging the Baltic Exchange in court after Hormuz-related losses, testing the exchange's decision to keep publishing wartime oil-shipping price estimates, the Financial Times reported.
-- The outcome could shape benchmark providers' legal exposure when war disrupts the routes they price, with consequences for traders using freight indices to hedge shipping costs.