Amanda Fischer, chief of staff to Gary Gensler, former chairperson of the Securities Exchange Commission (SEC), has sparked widespread controversy in the industry by comparing the liquid pledge mechanism of cryptocurrencies to the double pledge of assets that led to the collapse of Lehman Brothers. Fischer said on social platform X that the SEC's position on liquid pledges is equivalent to endorsing the Lehman Brothers-like double pledge of assets. Several industry figures have refuted this. Mat...
Troy Maker, Trump's nominee for Air Force chief of staff and now a senior official at the National Spy Satellite Agency, arranged a multibillion-dollar satellite invite tenders contract in favor of Musk's SpaceX. According to sources, changes in classified contract requirements led the Inspector General of the National Reconnaissance Office to begin an investigation into whether official Troy Maker improperly directed the deal to SpaceX. Musk's space program eventually won the contract in 2021. ...
According to Tasnim News Agency, the Chief of General Staff of the Saudi Armed Forces, Fyad al-Rwaili, will visit Iran this Sunday.
On October 25th, local time on the evening of October 24th, the Israel Defense Forces released a speech made by the Israeli Chief of General Staff Hetzi Halevi on the 23rd. In his speech, Halevi said that Israel may soon end the conflict with Hezbollah in Lebanon. Halevi said, "On the northern front, we may end the conflict soon because we have fundamentally destroyed the high-level chain of command of Hezbollah in Lebanon."