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US Treasury Secretary Bessenter: Airlines, shipping, and digital assets could become targets of sanctions.On September 2, Major General Rezaei, Secretary of Irans Supreme National Security Council, wrote: "Your struggles will not only fail to save you from the abyss of hell you have dug for yourselves, but will also soon show you that Irans new strategy in the fields of battlefield, diplomacy and economic counter-blockade will completely destroy your foundations."On September 2nd, EU member states called for new sanctions against Russia following a failed drone attack at Leipzig/Halle Airport in Germany. Leipzig/Halle Airport is a major civilian cargo and NATO logistics hub in eastern Germany, and also serves as a base for several Ukrainian Antonov An-124 heavy transport aircraft. Germany accused Moscow of carrying out the attack, describing it as part of hybrid warfare aimed at intimidating countries that supported Ukraine following the full escalation of the Russia-Ukraine conflict in 2022 and sowing division within those countries. Russia denied involvement, and its Foreign Ministry spokesperson vowed to respond to the alleged "anti-Russian actions." EU High Representative for Foreign Affairs and Security Policy, Maria Callas, stated: "The attack on Leipzig has all the characteristics of state-sponsored terrorism. We will respond firmly." Callas indicated that the EU is studying sanctions against Russias military-industrial complex. The French Foreign Minister also called for action against Russias so-called "shadow fleet," which is accused of circumventing energy sanctions.The Deputy Speaker of the Iranian Parliament stated that Iran has no doubt or weakness in defending its national interests, and there are no disagreements among government departments, the people, and the armed forces in this regard.ADM, an agricultural commodities group: The drone attack on August 31 affected our facilities in Odessa, Ukraine.

Crypto news site CoinDesk hires banker to explore potential sale

Jimmy Khan

Jan 19, 2023 15:54

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Crypto outlet CoinDesk Inc is exploring a full or partial sale of its business and has hired investment bank Lazard Ltd to lead the process, the media company’s chief executive said on Wednesday.


The crypto industry is going through one of its worst phases, with prices of major tokens at two-year lows and a string of bankruptcy filings from top players.


“My goal in hiring Lazard is to explore various options to attract growth capital to the CoinDesk business, which may include a partial or full sale,” CEO Kevin Worth told Reuters in a statement.


The development comes amid an industry turmoil, which began with the crash of stable coins TerraUSD and Luna early last year.


More recently, top crypto exchange FTX filed for bankruptcy, while publicly traded Coinbase Global Inc laid off a fifth of its workforce after slashing over 1,000 jobs last year.


New York-based CoinDesk launched in 2013 to track Bitcoin, but the platform has emerged as a key source of news and pricing benchmarks for the entire range of crypto currencies.


The company is wholly owned by crypto-focused venture capital firm Digital Currency Group, which also has interest in Coinbase, according to its website.


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