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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.

Cryptoverse: Let’s talk about DEX, baby

Skylar Shaw

Nov 23, 2022 16:00

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Since Sam Bankman-FTX, Fried's a significant centralized crypto exchange, abruptly collapsed, conventional bankers and investors have been calling for increased regulation.


On the other hand, some cryptocurrency players are emulating the original crypto vision of Satoshi Nakamoto, the person who created Bitcoin, by bypassing the financial middlemen and turning to decentralized exchanges, where traders transact peer-to-peer on the blockchain.


According to statistics from market tracker DeFi Llama, on Nov. 10, as FTX collapsed, overall daily trading volumes on DEXs, including the likes of Uniswap, jumped as high as $12 billion, their biggest level since May. However, gains have since been reversed.


According to CryptoCompare, four days later, November volumes had eclipsed the entire previous month.


In the meantime, CryptoCompare data reveals that weekly bitcoin flows from controlled exchanges, or CEXs, saw their largest-ever net outflow, with 97,805 currency moving off platforms in the seven days leading up to Nov. 13.


According to Varun Kumar, CEO of the decentralized cryptocurrency exchange Hashflow, "it is now obvious that there can be risk involved with retaining assets in a centralized company." According to data, customers are increasingly using decentralized trading platforms.


However, DEXs may not always be safer than their centralized competitors, and unskilled investors may be exposed to significant risks.


Instead of routing money through a middleman or centralized authority, users can exchange tokens directly amongst each other using blockchain-based smart contracts.


As a result, just like other decentralized finance (DeFi) or Web3 systems, there is no central authority and, for better or worse, investors are in charge of their transactions, settlements, and coin or token storage.


When compared to traditional exchanges on Wall Street, CEXs like Coinbase, Binance, and FTX operate as the middleman in transactions, making trading easier for novice investors in particular. CEXs also occasionally provide coin custody services, as did FTX.


Many centralized players have also worked to build user confidence by more transparent policies including providing evidence of their reserves.


Requests for comment from Coinbase, Binance, and FTX were not immediately fulfilled.