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On July 16th, Iranian Parliament Speaker Mohammad Ghalibaf issued a statement on the latest developments regarding the war and the domestic situation on the evening of the 15th local time. Ghalibaf stated that Iran has never welcomed war, but in order to safeguard national security and interests, it must be prepared for battle at all times and must exert every effort. Ghalibaf pointed out that Iran should also utilize diplomatic and negotiating means to achieve and consolidate its national interests. Ghalibaf stated that a memorandum of understanding is only meaningful if all its provisions are valid and being implemented. If Iran cannot benefit from a memorandum of understanding, there is no reason to abide by it. Ghalibaf stated that everyone in Iran has a responsibility to make efforts, according to the Supreme Leaders instructions, for war, diplomacy, or both.July 16 – Three U.S. officials stated that the recent series of U.S. strikes against Iran were aimed at forcing it to open the Strait of Hormuz, and also at targeting Irans military capabilities, which the U.S. hopes to destroy before undertaking more complex operations against Iran. The recent strikes have effectively enhanced Trumps additional military options. The U.S. military stated that its latest airstrikes targeted Iranian air defense systems, coastal radar stations, missile and drone bases, as well as small vessels and other maritime assets. One U.S. official stated that these strikes can be seen as "shaping operations," weakening Irans defense capabilities to allow for more intensive U.S. military operations in the future. "This helps lay the groundwork for necessary follow-up work," the official said.Three U.S. officials said the recent U.S. strikes against Iran are increasing the U.S.s options for further escalation.July 16th - According to CBS, the U.S. Department of Defense recently assessed military action options against Cuba, including a large-scale air assault option carried out by the 101st Airborne Division. Sources familiar with the matter stated that these discussions do not indicate that the Trump administration has decided to take action. Currently, a large portion of U.S. military resources are concentrated in the Middle East, limiting the likelihood of action against Cuba. The U.S. has indicated it still prefers to push for reforms in Cuba through diplomatic and economic pressure. The Pentagon responded that it would not comment on hypothetical military action.According to CBS: The United States has explored the possibility of launching airstrikes against Cuba.

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.