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Sranan Gold Corp. (CSE: SRAN,OTC:SRANF) (OTCQB: SRANF) (‘Sranan’ or the ‘Company’) continues to work towards the filing of its annual audited financial statements, management’s discussion and analysis, and CEO and CFO certifications for the fiscal year ended September 30, 2025 (the ‘Required Filings’).

The previously identified transactional complexities have been addressed, and the review of the transactions is ongoing. The principal remaining items relate to transaction accounting testing and clarification of VAT treatment in Suriname, with other minor items including tax provision calculations, confirmations, and procedural documentation. As the audit has progressed, the volume of supporting documentation has increased and is being provided to the auditor, resulting in outstanding audit items representing approximately 18%. Sranan remains in ongoing communication with its auditor to confirm any remaining documentation requirements and has committed to providing any outstanding materials promptly upon request. Sranan anticipates that the audited financial statements will be completed and filed on or before February 27, 2026.

The Required Filings were due to be filed by January 28, 2026. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order (‘MCTO‘) under National Policy 12-203 Management Cease Trade Orders (‘NP 12-203‘) to the Alberta Securities Commission, as principal regulator for the Company, and the MCTO was issued on January 29, 2026. The MCTO restricts all trading by the Company’s CEO and CFO in securities of the Company, whether direct or indirect. The issuance of the MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.

The Company currently expects to file its interim first-quarter financial statements on or before the applicable filing due date.

Both the Company and its auditors are working diligently towards the completion and filing of the Required Filings, and the Company will provide additional updates.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.

For further information with respect to the MCTO, please refer to the Company’s news releases dated January 21, 2026, and February 4, 2026, available for viewing on the Company’s SEDAR+ profile at www.sedarplus.ca.

About Sranan Gold

Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts.

For more information, please visit http://www.sranangold.com.

For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

Forward-looking statements

Certain statements made and information contained herein may constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Sranan and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as ‘anticipates,’ ‘believes,’ ‘targets,’ ‘estimates,’ ‘plans,’ ‘expects,’ ‘may,’ ‘will,’ ‘could’ or ‘would.’

This news release contains forward-looking statements, including, but not limited to, statements regarding management’s expectations about obtaining the MCTO and completing the Required Filings within the anticipated timeline. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements. Sranan does not undertake any obligation to update forward-looking statements or information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284465

News Provided by TMX Newsfile via QuoteMedia

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Genesis Minerals (ASX:GMD,OTCPL:GSISF) has struck a recommended deal to acquire Magnetic Resources (ASX:MAU) in a transaction that would add more than 2 million ounces of high-grade gold to its Laverton inventory and reshape its production growth outlook in Western Australia.

Under a binding Scheme Implementation Deed announced Tuesday (February 17), Genesis will acquire 100 percent of Magnetic via a court-approved scheme of arrangement. The offer values Magnetic at approximately US$450 million on a fully diluted basis.

At the centre of the deal is Magnetic’s flagship Lady Julie gold project in the Laverton region, which hosts a mineral resource of approximately 2.2 million ounces grading 1.8 grams per tonne (g/t) gold, and ore reserves of around 1 million ounces at 1.7 g/t. The project sits roughly 20 kilometres from Genesis’ operating 3 million tonne per annum Laverton mill.

“This transaction creates substantial value for both groups of shareholders, delivering genuine synergies while combining the right assets with the right people,” Genesis Executive Chair Raleigh Finlayson said.

“Magnetic’s Lady Julie Gold Project will add more than 2Moz at an attractive high grade to Genesis’ Laverton inventory, further bolstering the mine life and production outlook.”

Lady Julie’s northern boundary adjoins ground recently acquired by Genesis through its purchase of Focus Minerals’ (ASX:FML,OTCPL:FCSUF) Laverton gold project, creating the potential to integrate what would otherwise be neighbouring standalone developments into a larger open pit operation.

Genesis said removing tenement boundaries between the assets presents tangible cost and operational synergies. The acquisition would expand its Laverton mineral resources to approximately 8.4 million ounces, representing a 40 percent increase, and lift its pro forma total mineral resources to 21 million ounces.

The company signaled that the deal could support an uplift to its “ASPIRE 500” growth strategy, with an updated multi-year plan expected following completion.

Magnetic Managing Director George Sakalidis said the deal follows a strategic review exploring development pathways for Lady Julie: “Genesis’ offer follows a strategic review which the Board and its advisers have been working on for several years to explore potential options to collaborate with other operators which have the existing skill set or combination synergies to develop Magnetic’s discoveries and unlock value for our shareholders.’

If implemented, Magnetic shareholders would own approximately 2.4 percent of the enlarged Genesis. Major shareholders representing about 19.6 percent of Magnetic’s issued shares have already committed to vote in favour of the scheme, subject to customary conditions.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Christopher Aaron, founder of iGoldAdvisor and Elite Private Placements, explains where gold and silver are in the current cycle and what his strategy looks like now.

‘This cycle is going to end in a mania,’ he said. ‘You want to position not when the mania is unfolding, but when it gets quiet, and I think we’re in one of those windows now to be positioning.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Precious metals prices continued to face downward pressure this week as investors took strong US economic data and a changing geopolitical landscape into consideration.

After climbing to fresh all-time highs at the start of 2026, a myriad of factors in February have seemingly taken the sails out gold, silver and platinum prices. However, the underlying fundamentals for the precious metals remain strong, resulting in a resiliency that lends optimism to higher price points to come in 2026.

Let’s take a look at what got spot prices moving over the past week.

Gold price

Gold hit a record high of close to US$5,600 per ounce at the end of January before sliding into one of the largest price drops in decades, dipping as low as US$4,400 as February kicked off.

Over the past week, the metal has oscillated between slumps and cautious recovery. The spot price lost the battle to remain above the key US$5,000 mark in morning trading on February 12, falling to an intraday low of US$4,907.41. February 13 saw gold rebound slightly and trade in a tight range between US$5,000 and US$5,040.

Gold couldn’t hold that level on Monday (February 16), and the next day it began sliding below the US$4,900 support level. Wednesday (February 18) brought some relief, with gold once again fighting to stay above US$5,000.

Gold price chart, February 12, 2026 to February 18, 2026.

The primary drivers for gold this past week are:

      • Seasonal liquidity is also at play this week as the Lunar New Year holiday, which runs from February 16 to 23, typically results in lower trading volumes.

      In other gold news, the 2026 TSX Venture 50 list was released on Wednesday, with several gold companies named as top performers. The top five gold stocks on the list are: 1911 Gold (TSXV:AUMB,OTCQB:AUMBF), TDG Gold (TSXV:TDG,OTCQX:TDGGF), Omai Gold Mines (TSXV:OMG,OTCQB:OMGGF), Prospector Metals (TSXV:PPP,OTCQB:PMCOF) and Goldgroup Mining (TSXV:GGA,OTCQX:GGAZF).

      Silver price

      Silver has broadly tracked gold’s price movements over the past week.

      However, the white metal has exhibited significantly higher volatility, and the silver spot price is far outside of striking range of its all-time high of more than US$121 per ounce, which it reached on January 29.

      Silver fell by more than 9 percent on February 12 as it followed gold on the downtrend, falling from around US$83 to US$75. On Friday the 13th, silver managed not to scare investors as it traded mostly sideways at the US$77 level.

      For most of Monday and Tuesday (February 17), silver continued to limp along this trend line, but has managed to gain ground, rising from the US$75 level to an intraday high of US$78.24 as of 11:00 a.m. PST on Wednesday.

      Silver price chart, February 12, 2026 to February 18, 2026.

      In addition to the macro factors influencing gold, volatility in the silver market has also come from the ups and downs in the artificial intelligence (AI) sector. Silver, the most electrically and thermally conductive metal on the planet, is considered a key material for AI tech, particularly in data centers and high-performance computing.

      Over the past week, the Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) has slid from approximately US$50.55 to US$49.94 as of midday on Wednesday, reflecting broader weakness in the sector.

      In other silver news, in its latest annual outlook, published on February 10, the Silver Institute reported that it expects macroeconomic and geopolitical conditions to remain broadly supportive for silver in 2026.

      Platinum price

      On February 12, platinum was trading as high as US$2,136 per ounce in early morning trading, but soon followed its precious metals sisters on a downward slide to an intraday low of US$1,982.50. The metal was back above US$2,070 the next day, and for the first part of this week it’s managed to trade above the US$2,000 level.

      Wednesday was a recovery day for platinum as it reached an intraday high of US$2,122.90 as of 11:00 a.m. PST.

      Platinum price chart, February 12, 2026 to February 18, 2026.

      Platinum is one of the top-performing metals over the past year, reaching 12 year highs in recent weeks. Demand is being driven by the metal’s essential role in the emerging hydrogen economy. It’s also still seeing robust demand from the auto sector despite the emergence of electric vehicles and uneasy consumer confidence in the economy.

      On the supply side, global platinum reserves remain critically low, especially as the world’s biggest producer, South Africa, continues to be plagued by power shortages and operational disruptions.

      This week, Johnson Matthey (LSE:JMAT,OTCPL:JMPLF), Sibanye-Stillwater (NYSE:SBSW) and Valterra Platinum (LSE:VALT,JSE:VAL,OTCPL:AGPPF) launched a multimillion-dollar partnership to develop new platinum-group metals clean energy and industrial technologies outside of the auto sector.

      Palladium price

      Palladium has been the black sheep of the precious metals family for the past few years, remaining well below its March 2022 all-time record of US$3,440.76 per ounce.

      On February 12 it followed the precious metals pack down from US$1,741 to as low as US$1,664.

      After a rebounding above to US$1,783 level on Monday, the following trading today brought much volatility to the metal, which traded in the US$1,670 to US$1,720 range. Platinum managed to to make gains to the upside on Wednesday with an intraday high of US$1,774 as of 11:00 a.m. PST.

      Palladium price chart, February 12, 2026 to February 18, 2026.

      The palladium price is being held down by a slump in demand for electric vehicles and a looming oversupply situation. Analysts at Heraeus Precious Metals predict that the palladium market may move into a surplus in 2026 as secondary supply from recycling increases by 10 percent.

      On that note, an announcement shaping the outlook for palladium on the supply side this past week came from the US Department of Commerce, which issued a preliminary statement of support for anti-dumping duties of approximately 133 percent on unwrought Russian palladium imports.

      This follows a petition from Sibanye-Stillwater over allegations that Russian metal is being sold in the US at less than fair value. A final decision is expected in the case by June of this year.

      Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      The president of a Florida insurance brokerage firm and the CEO of a marketing company were sentenced Wednesday to 20 years each in prison for leading a sprawling, $233 million Affordable Care Act fraud scheme that preyed on Florida’s most vulnerable residents — including homeless and jobless individuals and newly displaced hurricane victims — to pocket millions in unearned commissions.

      Cory Lloyd, 46, of Stuart, Florida, and Steven Strong, 42, of Mansfield, Texas, were convicted of conspiracy and fraud for their roles in the scheme, which involved lying and falsifying government forms to obtain coverage for individuals and lying to or bribing would-be enrollees to sign up for plans even when they knew doing so would cost them their existing insurance coverage. In addition to their prison time, the pair were ordered to pay $180.6 million in restitution to their victims. 

      Lloyd and Strong profited handsomely for years from the scheme, Justice Department officials said, using the proceeds to purchase luxury vehicles, an 80-foot yacht and an oceanfront home in the Florida Keys.

      ‘Preying upon medically compromised consumers to rob hundreds of millions of taxpayer-funded programs is evil and unforgivable,’ Attorney General Pam Bondi told Fox News Digital in a statement. 

      ‘Fraud schemes like this rob citizens and shake faith in our institutions. Today’s sentencing is the latest example of this DOJ’s commitment to fighting fraud nationwide,’ Bondi said.

      An estimated 35,000 individuals were fraudulently enrolled in Affordable Care Act plans during the years-long scheme led by Lloyd and Strong, Justice Department officials with knowledge of the case told Fox News Digital. The two sought more than $233 million in fraudulent payments, including about $180 million in federal Affordable Care Act funding.

      ‘These defendants were sophisticated, licensed insurance brokers,’ Assistant Attorney General A. Tysen Duva of the Justice Department’s Criminal Division said in a statement. 

      ‘They had everything and intentionally took advantage of people who had nothing. The message from these sentences is simple: Those who seek to line their own pockets with taxpayer dollars, victimize our most vulnerable and deplete federal programs will be held accountable.’

      The two intentionally targeted people in the state who were experiencing homelessness and people experiencing mental health disorders, including addiction to opioids or other drugs, according to materials reviewed by Fox News Digital. 

      Prosecutors said at trial that Lloyd and Strong conspired to circumvent federal income and eligibility verification safeguards. They also intentionally submitted Medicaid applications designed to trigger denials, allowing them to steer those same individuals into fully subsidized Affordable Care Act plans outside the open enrollment period, maximizing commissions year-round.

      Their lavish lifestyle contrasted starkly with that of the individuals they lied to and scammed. 

      ‘One of the really awful things about the case is that it’s not only a scheme that’s taking money from the elderly and the disabled and defrauding the taxpayers, but that it actually resulted in real harm to the patients as well,’ one Justice Department official said in an interview.

      That harm included individuals losing access to life-saving treatments for opioid use disorders, mental health disorders and serious infectious diseases.

      Text messages introduced at trial showed Strong and Lloyd discussing sending ‘street marketers’ into Florida hurricane shelters to recruit enrollees.

      In one text exchange, Strong suggested sending their team of ‘street marketers’ into Florida hurricane shelters to recruit enrollees. Lloyd responded enthusiastically, stating, ‘It’s a killer idea, if we could pull it off!’

      Prosecutors said the efforts were particularly harmful because they disrupted existing coverage plans and jeopardized access to treatment for serious conditions.

      Many of the victims were experiencing homelessness or unemployment or qualified for Medicaid coverage — an insurance option for low-income or vulnerable populations that, in many cases, best suited their needs.

      Jurors heard from a Jacksonville-based psychiatrist who treats homeless individuals and testified about the harm some of his patients suffered as a result of the fraud, which caused them to lose their Medicaid coverage.

      This included an individual ‘living in the woods behind Walmart’ who was suffering from schizoaffective disorder, a person familiar with the case told Fox News Digital.

      Like others, this individual had previously been enrolled in Medicaid, which covered the entirety of a $2,000 shot used to treat the schizoaffective disorder. Enrollment in an Affordable Care Act plan caused the individual to lose that coverage.

      The sentencing comes as the Justice Department has moved aggressively to crack down on healthcare fraud, including through its ongoing ‘strike force’ program that operates across 25 federal districts and has resulted in criminal charges against about 5,000 individuals, according to information shared with Fox News Digital.

      It also comes as the DOJ’s Health Care Fraud Unit secured the largest national healthcare fraud takedown in its history in 2025, officials said, charging more than $15 billion in alleged losses and forfeitures and returning more than $560 million to the public.

      Justice Department officials noted the amount is ‘many, many, many times our annual budget.’

      This post appeared first on FOX NEWS

      A Washington, D.C., grandmother who lost her grandson to gun violence delivered a fiery defense of President Donald Trump during a Black History Month celebration Wednesday at the White House.

      Forlesia Cook’s grandson, Marty William McMillan Jr., was killed in 2017 at the age of 22. Cook has since spoken publicly about the loss, including testifying before Congress about his killing.

      After Trump invited Cook to say a few words at the event, she used the moment to defend him, urging critics to ‘get off the man’s back.’

      ‘I love him, I don’t want to hear nothing you got to say about that racist stuff,’ she said. ‘And don’t be looking at me on the news, hating on me because I’m standing up for somebody that deserves to be standing for.’

      Cook’s voice grew louder as she continued.

      ‘Get off the man’s back,’ she said. ‘Let him do his job. He’s doing the right thing. Back up off him.’

      She ended her remarks by declaring, ‘And grandma said it.’

      The East Room crowd erupted in applause and cheers.

      Trump appeared to welcome the praise, joking that she should run for public office.

      ‘Wow, that’s pretty good,’ Trump said. ‘When is she running for office? Forlesia, when are you running for office? You have my endorsement.’

      Cook also thanked Trump for calling the National Guard to the capital and praised his tough-on-crime approach.

      ‘One thing I like about him, he keeps it real, just like grandma,’ she said. ‘I appreciate that because I can trust him.’

      The White House event marked the annual celebration of Black History Month.

      Trump also addressed the death of the Rev. Jesse Jackson, saying, ‘I wanted to begin by expressing a sadness at the passing of a person who was, I knew very well, Jesse was a piece of work. He was a piece of work, but he was a good man.’

      ‘I just want to pay my highest respects to Reverend Jesse Jackson,’ Trump added, calling him ‘a real hero’ and saying, ‘he really was special, with lots of personality, grit and street smarts.’

      The president also announced that former Housing and Urban Development (HUD) Secretary Ben Carson would receive the Presidential Medal of Freedom.

      Fox News Digital’s Jasmine Baehr contributed to this report.

      This post appeared first on FOX NEWS

      : This was the kind of prison break officials say could have changed the region, and perhaps even the world, overnight.

      Nearly 6,000 ISIS detainees, described by a senior U.S. intelligence official as ‘the worst of the worst,’ were being held in northern Syria as clashes and instability threatened the Kurdish-led Syrian Democratic Forces, the guards responsible for keeping the militants locked away and preventing a feared ISIS resurgence. U.S. officials believed that if the prisons collapsed in the chaos, the consequences would be immediate.

      ‘If these 6,000 or so got out and returned to the battlefield, that would basically be the instant reconstitution of ISIS,’ the senior intelligence official told Fox News Digital.

      In an exclusive interview, the official walked Fox News Digital step by step through the behind-the-scenes operation that moved thousands of ISIS detainees out of Syria and into Iraqi custody, describing a multi-agency scramble that unfolded over weeks, with intelligence warnings, rapid diplomacy and a swift military lift.

      The risk, the official explained, had been building for months. In late October, Director of National Intelligence Tulsi Gabbard began to assess that Syria’s transition could tip into disorder and create the conditions for a catastrophic jailbreak.

      The ODNI sent the official to Syria and Iraq at that time to begin early discussions with both the SDF and the Iraqi government about how to remove what the official repeatedly described as the most dangerous detainees before events overtook them.

      Those fears sharpened in early January as fighting erupted in Aleppo and began spreading eastward. Time was running out to prevent catastrophe. ‘We saw this severe crisis situation,’ the official said.

      According to the source, the ODNI oversaw daily coordination calls across agencies as the situation escalated. The official said Secretary of State Marco Rubio was ‘managing the day to day’ on policy considerations, while the ODNI drove a working group that kept CENTCOM, diplomats and intelligence officials aligned on the urgent question: how to keep nearly 6,000 ISIS fighters from slipping into the fog of war.

      The Iraqi government, the official said, understood the stakes. Baghdad had its own reasons to move quickly, fearing that if thousands of detainees escaped, they would spill across the border and revive a threat Iraq still remembers in visceral terms.

      The official described Iraq’s motivation bluntly: leaders recognized that a massive breakout could force Iraq back into a ‘2014 ISIS is on our border situation once more.’

      The U.S. Embassy in Baghdad, the official said, played a pivotal role in smoothing the diplomatic runway for what would become a major logistical undertaking.

      Then came the physical lift. The official credited CENTCOM’s surge of resources to make the plan real on the ground, saying that ‘moving in helicopters’ and other assets enabled detainees to be removed in a compressed timeframe.

      ‘Thanks to the efforts… moving in helicopters, moving in more resources, and then just logistically making this happen, we were able to get these nearly 6000 out in the course of just a few weeks,’ the official said.

      The SDF, he said, had been securing the prisons, but its attention was strained by fighting elsewhere, fueling U.S. fears that a single breach could spiral into a mass escape. Ultimately, detainees were transported into Iraq, where they are now held at a facility near Baghdad International Airport under Iraqi authority.

      The next phase, the official said, is focused on identification and accountability. FBI teams are in Iraq enrolling detainees biometrically, the official said, while U.S. and Iraqi officials examine what intelligence can be declassified and used in prosecutions.

      ‘What they were asking us for, basically, is giving them as much intelligence and information that we have on these individuals,’ the official said. ‘So right now, the priority is on biometrically identifying these individuals.’

      The official said the State Department is also pushing countries of origin to take responsibility for their citizens held among the detainees.

      ‘State Department is doing outreach right now and encouraging all these different countries to come and pick up their fighters,’ he said.

      While the transfer focused strictly on ISIS fighters, the senior intelligence official said families held in camps such as al-Hol were not part of the operation, leaving a major unresolved security and humanitarian challenge.

      The camps themselves were under separate arrangements, the official said, and responsibility shifted as control on the ground evolved. 

      According to the official, the Syrian Democratic Forces and the Syrian government reached an understanding that Damascus would take over the al-Hol camp, which holds thousands of ISIS-affiliated women and children.

      ‘As you can see from social media, the al-Hol camp is pretty much being emptied out,’ the official said, adding that it ‘appears the Syrian government has decided to let them go free,’ a scenario the official described as deeply troubling for regional security. ‘That is very concerning.’

      The fate of the families has long been viewed by counterterrorism officials as one of the most complicated, unresolved elements of the ISIS detention system. Many of the children have grown up in camps after ISIS lost territorial control, and some are now approaching fighting age, raising fears about future radicalization and recruitment.

      For now, the official said, intelligence agencies are closely tracking developments after a rapid operation that, in their view, prevented thousands of experienced ISIS militants from reentering the battlefield at once and potentially reigniting the group’s fighting force. 

      ‘This is a rare good news story coming out of Syria,’ the official concluded.

      This post appeared first on FOX NEWS

      The debate over U.S. missile defense is increasingly focused on space, and defense experts argue that stopping threats in the earliest moments after launch could determine whether the homeland remains protected against Russia and China’s expanding arsenals.

      At a policy discussion marking roughly a year since the rollout of the ‘Golden Dome’ homeland defense initiative, former senior defense officials said the United States can no longer rely primarily on deterrence and retaliation to shield the country from missile attacks.

      ‘I think geography is no longer’ a shield, former Air Force Undersecretary Kari Bingen said during a C-SPAN panel Friday. ‘There are different types of threats that can reach the homeland.’

      The Golden Dome initiative stems from a January 2025 executive order signed by President Donald Trump directing the Pentagon to accelerate development of a next-generation homeland missile defense architecture. The order calls for integrating existing ground-based interceptors with advanced tracking networks, new space-based sensors and potentially space-based interceptors capable of detecting and defeating ballistic, cruise and hypersonic missile threats earlier in flight.

      Administration officials have framed the effort as a response to rapid modernization by Russia and China. 

      Russia has fielded new intercontinental ballistic missiles and hypersonic glide vehicles designed to penetrate missile defenses, while China has expanded its nuclear arsenal and constructed hundreds of new missile silos in recent years. 

      Both countries have invested heavily in maneuverable reentry vehicles and countermeasures intended to complicate U.S. interception efforts.

      Stopping missiles early

      Supporters of a stronger space layer argue that intercepting a missile early in flight — before it can deploy warheads or countermeasures — simplifies the defensive challenge and reduces the strain on systems closer to U.S. territory.

      ‘It gives the ability to neutralize before they manifest here at home,’ missile defense expert Thomas Karako said, referring to space-enabled capabilities that could track and potentially intercept threats sooner in their trajectory.

      Karako said there is ‘a compelling case’ for space-based interceptors ‘not just against nonnuclear attack but even limited nuclear attacks,’ arguing that raising the threshold for adversaries contemplating a strike strengthens deterrence overall.

      ‘If you raise the threshold for having enough capability to meaningfully invest in enemies … there’s goodness in there,’ he said.

      Panelists emphasized that the objective is not absolute protection against thousands of intercontinental ballistic missiles, but improving the odds of defeating smaller or more limited attacks, including those that could involve large salvos or advanced countermeasures.

      Threats are evolving

      Melissa Dalton, a former senior Pentagon official, said missile and drone use has become increasingly normalized in recent conflicts, lowering the perceived threshold for employment.

      ‘They don’t respect the boundaries,’ Dalton said, noting the growing frequency of missile and drone attacks.

      Bingen argued that the U.S. historically leaned heavily on the threat of retaliation to deter attacks but that changing technologies and adversary capabilities require a broader approach.

      ‘Americans would be surprised how reliant we have been on vulnerability and retaliation,’ she said.

      Space and integration challenges

      While space-based missile defense once drew skepticism due to cost and technical hurdles, Karako said advances in commercial launch and satellite technology have changed the feasibility calculus.

      ‘This is not the Soviet Union in the ’80s or the ’90s,’ he said. ‘The technology has evolved quite a bit.’

      Still, experts acknowledged that integration — linking sensors, interceptors and command-and-control systems at machine speed — may be the most difficult challenge.

      ‘We have to remember this is a layered defense system,’ Bingen said. ‘We’re not asking the space layer to do it all.’

      Participants also stressed that any major expansion of homeland missile defense will require bipartisan political support to endure through election cycles and shifting budget priorities.

      ‘If you don’t persuade people what it’s about, it will never be built,’ Karako said.

      Officials have floated an aggressive timeline — including a three-year push to stand up initial capabilities — but the Golden Dome is still in early development, with much of the work focused on planning, prototypes and initial contracts. Significant technical and acquisition hurdles remain, particularly for any space-based interceptor layer, which defense officials acknowledge would take years to fully field.

      The effort marks a broader shift in how the U.S. approaches homeland defense. Rather than relying mainly on midcourse interceptors and the threat of retaliation, Golden Dome is designed to push defenses earlier in a missile’s flight — and further into space — with the goal of stopping threats before they can deploy countermeasures or overwhelm existing systems.

      This post appeared first on FOX NEWS

      The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets.

      CFTC Chairman Michael Selig said Tuesday in a video posted on X that the agency has filed a “friend of the court brief” in support of Crypto.com in its escalating legal battle with regulators in Nevada.

      The move is significant because it marks the first time under Selig that the CFTC has taken sides in what is shaping up to be an epic fight between regulators and prediction markets, platforms that allow users to trade contracts tied to a wide range of events, from local elections to the Super Bowl.

      By intervening, Selig’s CFTC is effectively arguing that prediction markets are federally regulated and not subject to state-level gambling laws.

      “Over the past year, American prediction markets have been hit with an onslaught of state-led litigation,” Selig said in the video.

      “The CFTC will no longer sit idly by while overzealous state governments undermine the agency’s exclusive jurisdiction over these markets by seeking to establish statewide prohibitions on these exciting products,’ said Selig.

      The debate over how the platforms should be regulated comes as they explode in popularity. Kalshi said Super Bowl 60 generated more than $1 billion in total trading volume — a 2,700% increase from last year.

      It’s a fight with broad implications and high stakes. Over the past year, several states including Massachusetts and Nevada have moved to restrict prediction markets, filing lawsuits, issuing cease-and-desist letters and arguing that the platforms amount to unlicensed gambling.

      Utah’s Republican governor, Spencer Cox, said in a post on X Tuesday that he will use “every resource” within his disposal to “beat” Selig in court.

      “These prediction markets you are breathlessly defending are gambling—pure and simple,” he said. “They are destroying the lives of families and countless Americans, especially young men. They have no place in Utah.”

      Meanwhile, Cox’s fellow Republican, Sen. Bernie Moreno of Ohio, issued his support of Selig’s announcement on X. “Clear lines of delineation and clarity on regulations is essential for American led innovation,’ he said.

      Selig’s move comes days after a group of Democratic senators led by Nevada’s Catherine Cortez Masto sent the chairman a letter urging the CFTC to ‘abstain from intervening in pending litigation involving contracts tied to sports, war, or other prohibited events.’

      As states attempt to rein in these fast-growing platforms, the question is no longer simply whether these products amount to gambling. It’s who gets to decide that question.

      Industry advocates argue that the platforms aren’t gaming, which is traditionally regulated by states. Instead, they claim the prediction markets are financial exchanges that fall under the CFTC’s purview, where users trade contracts with one another. and don’t bet against a “house.” The exchanges don’t set odds or take the opposite side of trades. Instead, they collect transaction fees, similar to a brokerage.

      In the video, Selig said prediction markets allow Americans to “hedge commercial risks like increases in temperature and energy price spikes,” and they act as “an important check on our news media and our information screens.”

      He ended the video with a warning directed at the state attorneys general who are on the front lines of the legal fights to regulate prediction markets: “To those who seek to challenge our authority in this space, let me be clear: We will see you in court.”

      This post appeared first on NBC NEWS