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Here’s a quick recap of the crypto landscape for March 6 as of 2:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$69,321.36 down by 5.3 percent over the last 24 hours.

Bitcoin price performance, March 6, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,017.05, down by 5.6 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.37, down by 4.5 percent over 24 hours.
  • Solana (SOL) was trading at US$86, down by 6.3 percent over 24 hours.

Today’s crypto news to know

NYSE parent backs crypto exchange in US$25 billion deal

Wall Street’s push deeper into digital assets gathered pace after Intercontinental Exchange (ICE) agreed to acquire a stake in crypto exchange OKX in a deal valuing the platform at about US$25 billion.

ICE, the parent company of the New York Stock Exchange, will also take a seat on OKX’s board, according to a company statement.

The agreement comes roughly a year after OKX pleaded guilty to a felony and paid about US$504 million in penalties over allegations it processed more than US$1 trillion in US customer transactions without a license.

Despite that history, executives say the new partnership signals a shift toward regulatory alignment. ICE executive Michael Blaugrund said on-chain systems will increasingly play a role in clearing, settlement, and capital formation.

Bitcoin ETF outflows persist

Spot Bitcoin exchange-traded funds recorded US$227.9 million in net outflows on Thursday (March 5), marking the largest single-day withdrawal in roughly three weeks.

The redemptions coincided with Bitcoin slipping back below US$70,000 after briefly climbing near $US73,000 earlier in the week.

Despite this, analysts say the broader trend may be stabilizing as institutional investors quietly reposition. Data tracked by Glassnode shows the 14-day ETF net-flow trend turning positive, while the 30-day change in ETF positions has stabilized near 23,943 after plunging into deeply negative territory earlier this year.

Pudgy Penguins faces trademark challenge from apparel brand

The crypto-native brand behind the popular Pudgy Penguins NFT collection is facing a trademark lawsuit from the company that owns the Original Penguin clothing label.

PEI Licensing, which has used penguin imagery in apparel since the 1950s, alleges the NFT brand’s logos and trademarks could confuse consumers and infringe on its long-standing intellectual property rights.

Filed in federal court in Florida, the complaint claims Pudgy Penguins’ use of similar penguin imagery and trademark applications for phrases tied to its brand violate fair-competition laws. The plaintiff says the similarities between apparel and merchandise sold by both companies could lead buyers to believe the two brands are affiliated.

PEI is seeking financial damages, the rejection of certain trademark filings, and the destruction of products bearing allegedly infringing designs.

Pudgy Penguins has expanded beyond NFTs into a broader consumer brand, launching a Solana-based token and distributing physical toys through major retailers including Walmart and Target. The toy line alone reportedly generated more than US$10 million in sales within its first year.

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

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

This post appeared first on investingnews.com

Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) (the ‘Company’ or ‘Nuvau’) is pleased to announce that it has closed the second and final tranche of its previously announced brokered private placement pursuant to which the Company issued (i) an aggregate of 7,928,523 common shares of the Company (each, a ‘FT Share’) that qualify as ‘flow-through shares’ within the meaning of the Income Tax Act (Canada) (the ‘Tax Act’), at an issue price of $0.90 per FT Share, for gross proceeds of $7,135,670.70, and (ii) an aggregate of 320,000 units of the Company (each, a ‘Unit’), at a price of $0.80 per Unit, for gross proceeds of $256,000 (together, the ‘Offering’). Together with the closing of the first tranche of the Offering on February 25, 2026, the Company has raised an aggregate of $21,368,670.70 in gross proceeds. Each Unit is comprised of one common share of the Company (each, a ‘Common Share’) and one-half of one transferrable common share purchase warrant of the Company (each whole warrant, a ‘Warrant’), with each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.30 per Common Share until February 25, 2029.

The gross proceeds of the Offering will be used by the Company to incur eligible ‘Canadian exploration expenses’ (as defined in the Tax Act), which will qualify as ‘flow-through mining expenditures’ or as ‘flow-through critical mineral mining expenditures’ (‘FTCMME‘) (each as defined in the Tax Act) (the ‘Qualifying Expenditures‘). At least 30% of the Qualifying Expenditures to be renounced to each subscriber of FT Shares will qualify as FTCMME, with certain subscribers being entitled to the renunciation of a higher percentage of Qualifying Expenditures that qualify as FTCMME. All Qualifying Expenditures will be incurred by the Company on or before December 31, 2027, and will be renounced in favour of the subscribers of the FT Shares with an effective date on or before December 31, 2026.

The Offering was co-led by Clarus Securities Inc. and Integrity Capital Group Inc., as co-lead agents and co-lead bookrunners (together, the ‘Agents‘). In consideration for the Agents’ services, the Company paid the Agents a cash commission equal to 6.0% of the gross proceeds of the Offering (the ‘Cash Fee‘), provided that the Company paid a reduced Cash Fee of 3.0% in respect of the gross proceeds raised from sales to purchasers included on a president’s list formed by the Company in consultation with the Agents (the ‘President’s List Purchasers‘). In addition, the Company agreed to issue to the Agents such number of non-transferable compensation options of the Company (the ‘Compensation Options‘) as is equal to 6.0% of the aggregate number of FT Shares and/or Units sold under the Offering; provided that such number of Compensation Options was reduced to 3.0% of number of FT Shares and/or Units sold to President’s List Purchasers. Each Compensation Option entitles the holder thereof to purchase one Unit at a price of $0.80 per Unit at any time and from time to time until March 6, 2029.

In connection with the Offering, a director of the Company subscribed for an aggregate of 444,444 FT Shares for aggregate gross proceeds of $444,444. Each subscription by an ‘insider’ is considered to be a ‘related party transaction’ for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. Specifically, the Company is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on section 5.5(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. Additionally, the Company is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(1)(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the expected closing date of the Offering as the details of the Offering and the participation of insiders therein was not settled until shortly prior to the closing of the Offering, and the Company wished to close the Offering on an expedited basis for sound business reasons.

All securities issued under the Offering are subject to a hold period expiring four months and one day from the date hereof. The Offering remains subject to final acceptance of the TSX Venture Exchange.

The securities offered have not been registered under the U.S. Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Nuvau

Nuvau is a Canadian mining company, incorporated under the OBCA, currently in the exploration and development phase. Nuvau’s principal asset is the Matagami property, located in Abitibi region of central Québec, Canada. The Matagami property was acquired from Glencore Canada Corporation on March 1, 2026, pursuant to the terms and conditions of a second amended and restated earn-in agreement dated January 28, 2026, among Nuvau, Nuvau Minerals Corp. and Glencore Canada Corporation.

Further Information

All information contained in this news release with respect to the Company was supplied by the respective party for inclusion herein, and each party and its directors and officers have relied on the other party for any information concerning the other party.

For further information please contact:

Nuvau Minerals Inc.
Peter Van Alphen
President and CEO
Telephone: 416-525-6063
Email: pvanalphen@nuvauminerals.com

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward- looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’, ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the proposed use of proceeds of the Offering, and the Company’s ability to obtain final exchange approval for the Offering. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286499

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban.

The airline revised its contract of carriage on Feb. 27 to include the new provision, which sits under the ‘refusal of transport’ section that outlines the instances in which United can boot its passengers from flights.

According to the document, United reserves the right to refuse transport — on a permanent basis — to any passenger who listens to their entertainment on speaker.

It also states that any passenger who causes United ‘any loss, damage or expense of any kind,’ may be responsible for reimbursing the airline.

‘We’ve always encouraged customers to use headphones when listening to audio content — and our Wi-Fi rules already remind customers to use headphones,’ United said in a statement. ‘With the expansion of Starlink, it seemed like a good time to make that even clearer by adding it to the contract of carriage.’

Passengers who forgot their headphones at home can request a free pair on their flight, if they’re available, according to United’s in-flight entertainment information.

The move inspired a strong reaction online.

‘One would think this is common sense and airlines would have in their rules,’ said one Reddit user. ‘Now let’s have the same rule for airline lounges.’

Others complained that this has become increasingly common on flights, especially among those with small children.

‘As a flight attendant; we have to tell people literally every flight,’ another person said on Reddit. ‘It makes our jobs harder when we’re stuck policing common courtesy instead of just focusing on service & safety.’

This post appeared first on NBC NEWS

‘Shahs of Sunset’ star Reza Farahan is speaking out about the United States and Israel’s military action against Iran. 

During an interview with Fox News Digital, the Iranian-born 52-year-old reality star, who authored the forthcoming book ‘Memoirs of a Gay Shah,’ explained that he and his family came to America on a family trip in 1977 and ended up staying after unrest in Iran escalated into revolution.

During the 1979 Iranian Revolution, the country’s former monarch, Shah Mohammad Reza Pahlavi, was overthrown and replaced by Ayatollah Ruhollah Khomeini, who established an Islamic Republic that transformed the country into a theocratic state governed by strict religious rule. 

Last weekend, U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu launched coordinated strikes on Iranian military and nuclear targets, during which Iran’s Supreme Leader Ayatollah Ali Khamenei was killed. Iran retaliated with missile and drone strikes against Israel and U.S. military bases in several Middle Eastern states. 

The conflict comes on the heels of widespread anti-government protests in Iran that erupted in December 2025 and were met with brutal crackdowns by the government that left thousands dead.

During an interview with Fox News Digital, Farahan shared his insight into how Iranians living in the country have reacted to the U.S. and Israel-led strikes. 

‘I’ve spoken to relatives and friends who are in Iran, and I know it’s hard for non-Iranians to understand this, but the Iranians in Iran are so happy that there is military intervention that has come to help rescue them from the Islamic Republic,’ he said. 

‘I know, especially for people that are anti-our President, they can’t understand why,’ Farahan continued. ‘Why are the people in Iran happy? They’re happy because the prospect of freedom is something that they’ve dreamed of for so many years.’ 

‘I urge the American population to do their own research, keep an open mind, and think about what the Iranians inside of Iran are begging for,’ he added. 

Farahan also described the response that he was seeing in the Iranian-American community. 

‘Utter elation and gratitude for the prospect that there could be potential regime change and freedom for people that have been oppressed by a fanatical religious dictator for 47 years,’ he told Fox News Digital.  

According to a recent Fox News poll, American opinion on the U.S. military action against Iran is sharply divided. While 65% of voters see Iran as a serious national security threat, about 50% of those polled approve of the strikes and about 50% disapprove.

Support and opposition broke down strongly along partisan lines. According to the survey, more than 8 in 10 Republicans approve of the current U.S. use of force, while only 6 in 10 say the president’s actions on Iran are making the U.S. safer.

Nearly 8 in 10 Democrats disapprove of the U.S. strikes and think things are less safe because of Trump’s performance, while 6 in 10 or more independents think the same on both counts.

Meanwhile, two-thirds of voters said they were generally concerned that Trump’s use of executive orders and acting without Congressional approval may be permanently altering the country’s system of checks and balances.

During his interview with Fox News Digital, Farahan addressed critics of the military action, arguing that partisan politics shouldn’t cloud judgment. He also warned that Americans opposing the action may be underestimating the threat posed by the Islamic Republic and the country’s primary military branch, the Islamic Revolutionary Guard Corps (IRGC).

‘My message to people criticizing the action in Iran is one: please don’t allow your political bias to interfere with understanding that freeing Iran is making the world a safer place,’ he said. ‘When the creed and motto of a dictator is ‘Death to America,’ and they force the people to chant that all the livelong day, believe them.’ 

‘That’s not just a message, it’s their goal,’ Farahan continued. ‘They just don’t have the ballistic missiles that will reach America currently, but that is what they’re working towards. And freeing Iranians from the IRGC and the Islamic Republic not only helps them, it helps us for generations to come.’

Farahan has previously said that he first came out as gay to his mother at the age of 21. He became one of the first openly gay Persian-American reality TV stars when ‘Shahs of Sunset’ premiered on Bravo in March 2012. Farahan’s relationship with his now husband Adam Neely was prominently featured on the show with the duo tying the knot in an episode of the show that aired in October 2015.

Farahan remained a member of the main cast throughout the show’s nine-season run until August 2021. He went on to appear in other reality shows including ‘Worst Cooks in America’ and ‘The Traitors.’ Farahan is currently starring on the Peacock reality series ‘The Valley: Persian Style.’ 

While speaking with Fox News Digital, Farahan shared his view on the Iranian-American experience and explained how he was grateful as an openly gay man to be living in America. 

‘We are a minority group that assimilated and worked our butts off in this country to contribute and show our gratitude to this new homeland that we have,’ he said. ‘And there’s not a day that goes by that I don’t express gratitude to my father-in-law, who’s a retired Air Force Colonel, or anyone that serves in the U.S. Armed Forces that protects me and my family and this beautiful country and allows me to be free here. ‘

He continued, ‘Because if I were in Iran, 100% I wouldn’t — I would not have made it to this age. I would have been killed. Gay people are stoned to death or hung from cranes regularly.’

Farahan told Fox News Digital that the current conflict in Iran has ‘strengthened my pride in being an American citizenHe explained that when he was growing up, he had recurring nightmares of being sent back to Iran.

‘I’m so proud to have a U.S. passport,’ he said. ‘The thought of not being in America anymore was just so scary to me. So for anyone out there listening: God bless America. I love this country, and I’m grateful for it every single day.’

Farahan acknowledged he may face financial losses for his political views, but he said he feels obligated to speak for those in Iran killed for defying Islamic dress codes — including the legal requirement for women to cover their hair with a hijab — or their sexual orientation.

‘I think to myself: I have a duty,’ he said. ‘And I may suffer financially because people may not buy my book because they may not like what I have to say politically, but I have a duty to those people who were killed because their hair was exposed, or their acid was thrown in their faces of these beautiful women because they didn’t observe the hijab rules.’ 

‘I have a duty to those people because I’ve benefited from living in this beautiful country for basically my entire life,’ he continued. ‘I was three and a half years old when we left Iran. So whatever backlash I get, hopefully it’ll be worth it for speaking for the ones who can’t speak.’

Farahan’s book ‘Memoirs of a Gay Shah’ follows his journey from moving to the U.S. as a child just before the Islamic Revolution to growing up as an immigrant in Beverly Hills and becoming an openly gay reality television star. He told Fox News Digital that his memoir is also an immigrant success story and a celebration of the American Dream. 

‘I want the people that read my book to know that this little brown kid came to a country at a time when people were side-eyeing my parents, looking at them like they were related to the terrorists that were holding those American hostages in captivity, yet somehow I found the beauty here,’ he said. ‘And I was able to find my dreams and prosper like no one else has. So when I tell you that America is the land of the home, is the home of the brave, the land of the free, and that you can have anything you want in this beautiful country, regardless of how you look and who you are, believe me, because I did it.’

‘If you wanna know how I did, read the book,’ he continued. ‘But the net result is this country is the greatest place on earth. And I’m so grateful because I was able to fulfill my dreams here. And if I had stayed in Iran, I’d be six feet under.’

‘Memoirs of a Gay Shah’ will be released on April 7.

Fox News Digital’s Dana Blanton contributed to this report.

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The highest-ranking Minnesotan in Congress is calling for a deeper investigation into allegations that leaders in his state government knowingly ignored evidence of welfare fraud, and he called for those leaders to even face incarceration if proven true.

‘People are sick and tired of elected officials having a double standard, being treated differently than they are. They’re held accountable for things that they should be held accountable for, when their elected officials are not,’ House Majority Whip Tom Emmer, R-Minn., told Fox News Digital. 

‘If these two guys are dirty, they should be held accountable, and they should serve jail time.’

He was referring to Minnesota Gov. Tim Walz and state Attorney General Keith Ellison, two of several witnesses at a high-profile hearing on fraud conducted by the House Oversight Committee on Wednesday.

Both Walz and Ellison insisted that they were serious about prosecuting fraud in the state’s social programs and that they took action to stop it once it was brought to their attention.

But Emmer cited a report by the House Oversight Committee that accused them both of knowing about the fraud earlier than previously thought and delaying public accountability for fear of political retribution from progressives in the state — particularly the Somali community in Minneapolis, who Republicans have accused of taking advantage of the state’s welfare system.

‘They might have been able to qualify it enough that it wasn’t black and white, but if they lied to the committee this morning about knowing about the fraud and when they knew about the fraud and the FBI investigation, that is a criminal act of its own,’ Emmer told Fox News Digital.

‘So I do believe, depending on this report and what else the majority staff is doing, they very well may want to call them back in and depose them under oath.’

He added at another point, ‘You have maybe 80 to 100,000 Somalis in Minnesota. Tim Walz won with 52%. They made a difference. Keith Ellison won by less than 1%. I think it was 20,000 votes. Makes a difference. So if those are connected, yeah, I mean, this is campaign fraud.’

‘I’ve taken accountability for this. I’m not going to run again. I need to spend the time fixing this,’ Walz said during the hearing. ‘This does undermine trust in government. Do I wish there were things that could have happened earlier? Yes. But in this job, ‘wish’ didn’t do it. I’m looking into where I see it.’

At another point, Walz attributed the rise in fraud statistics to an increase in prosecutions, telling Republicans, ‘When you catch people and prosecute them, it shows up as a fraud increase.’

He also dismissed accusations that he kept whistle-blowers quiet over fear of being seen as Islamophobic, ‘I can’t speak to it because it’s not anything I would say.’

Ellison, meanwhile, said he was happy to work across bipartisan lines to prosecute fraud.

‘I am here to work to improve this system, and there are improvements that can be made,’ he said. ‘If we can get out of fixing the blame and get to fixing the problem, that would be an enormous thing for me.’

But Emmer, who maintained that further investigation was needed, suggested he doubted their intentions.

‘It’s power. They want power. In order for them to get power, they need to be elected. In order for them to get elected, they have to cheat in different ways. And that is exactly what they did,’ Emmer said. ‘If the Somali community is being used by these public officials to get themselves into office…it sure does look suspect, it needs to be investigated.’

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Iran launched a new wave of attacks on Thursday, with explosions reported in the region and Tehran threatening that the U.S. would ‘bitterly regret’ sinking an Iranian warship.

Iran’s strikes on Thursday targeted Israel, American bases and countries in the region. Israel announced multiple incoming missile attacks as air raid sirens blared in Tel Aviv and Jerusalem.

Azerbaijan’s Ministry of Defense on Thursday said Iran used unmanned aerial vehicles (UAVs) in an attack on Nakhchivan International Airport and other civilian infrastructure. The ministry said the details of the attack and the capabilities of the UAVs were being investigated.

‘The Ministry of Defense of the Republic of Azerbaijan strongly condemns the attacks carried out by the armed forces of the Islamic Republic of Iran against civilian infrastructure on the territory of Azerbaijan in the absence of any military necessity. The Islamic Republic of Iran bears the entire responsibility for the incident,’ the ministry’s statement read.

Iran has not acknowledged targeting Azerbaijan, despite the country’s ministry of defense pointing the finger at Tehran.

Qatar evacuated residents near the U.S. Embassy in Doha on Thursday, with its Ministry of Defense confirming that the country was ‘subjected to a missile attack’ and that its air defense systems were able to intercept it. The ministry urged the public to remain calm and avoid unofficial information.

Abu Dhabi announced that its authorities were responding to an incident involving falling debris in ICAD 2, which is part of the Industrial City of Abu Dhabi. Six people, identified by Abu Dhabi as Pakistani and Nepali nationals, suffered minor to moderate injuries.

Iran has carried out retaliatory strikes since the launch of Operation Epic Fury, with the latest wave coming one day after the U.S. sunk an Iranian warship, killing at least 87 Iranian sailors. Sri Lankan navy spokesman Cmdr. Buddhika Sampath said 32 people were rescued from the wreck and were admitted to a hospital.

Secretary of War Pete Hegseth defended the move during a news briefing at the Pentagon.

‘An American submarine sunk an Iranian warship that thought it was safe in international waters. Instead, it was sunk by a torpedo — Quiet Death. The first sinking of an enemy ship by a torpedo since World War II. Like in that war, back when we were still the War Department, we are fighting to win,’ Hegseth said.

Iranian leaders condemned the attack, with Foreign Minister Abbas Araghchi accusing the U.S. Navy of committing ‘an atrocity at sea.’ Meanwhile, Ayatollah Abdollah Javadi Amoli appeared on state television and called for the shedding of Israeli and ‘Trump’s blood.’

‘Fight the oppressive America, his blood is on my shoulders,’ he said in a rare call for violence from an ayatollah, one of the highest ranks within the clergy of Shiite Islam.

The U.S. and Israel launched the war on Saturday with strikes targeting Iran’s leadership, including the supreme leader, Ayatollah Ali Khamenei, who was killed. Iran’s missile arsenal and nuclear facilities were also hit.

The Associated Press contributed to this report.

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I spent decades inside the Pentagon watching technology reshape warfare. I saw precision munitions change the battlefield. I watched satellites compress decision cycles. But nothing compares to what is happening now.

Artificial intelligence has moved the lab to the kill chain.

And the showdown between Secretary of War Pete Hegseth and AI firm Anthropic is not a contract dispute. It is the opening battle over who controls the most powerful military technology of the 21st century.

AI is already transforming war

Look at Ukraine.

Western officials report that drones now account for roughly 70-80% of battlefield casualties in that war. But the real revolution occurs when AI is added. Reports indicate AI-guided navigation can increase drone strike accuracy from 10–20% to as high as 70–80%.

That is not incremental change. That is a transformation in battlefield lethality.

The same dynamic is emerging in U.S. operations involving Iran and other theaters. AI tools are being used for intelligence analysis, targeting refinement, pattern recognition, and operational simulations. These systems compress time, reduce uncertainty and accelerate decisions.

AI is not theoretical. It is operational.

Which brings us to Washington.

What the Hegseth–Anthropic standoff is really about

On Feb. 27, Hegseth designated Anthropic a ‘supply chain risk to national security.’ President Donald Trump ordered federal agencies to cease using its Claude AI model after Anthropic refused to remove two guardrails:

A prohibition on fully autonomous weapons.

A prohibition on mass domestic surveillance.

Artificial intelligence has moved the lab to the kill chain.

The Pentagon argues that military commanders must be able to use AI tools for all lawful defense purposes without seeking permission from a private company in real time.

Anthropic argues that removing safeguards could enable autonomous killing systems or unconstitutional domestic spying.

Both concerns are legitimate.

But here is the deeper problem: America has outsourced strategic control of its most sensitive military algorithms to private contractors.

That is unsustainable.

Draw the right line

Let me be clear about what must not happen.

We must not expand domestic surveillance of American citizens under the banner of AI efficiency. The Fourth Amendment does not disappear in the age of algorithms.

Second, we must keep a human being in the kill chain. I served under lawful command authority. Life-and-death decisions carry moral accountability. They cannot be delegated entirely to autonomous systems.

Those are firm boundaries.

But here is the other boundary: no private corporation should hold an effective veto over how America defends itself.

Washington’s contractor addiction

For decades, the federal government has grown dependent on contractors for critical defense functions — logistics, cyber infrastructure, analytics and intelligence support. AI is simply the next frontier in that pattern.

But frontier AI models are not spare parts or uniforms. They are strategic infrastructure. They influence targeting, operational tempo and potentially deterrence modeling.

That level of sensitivity cannot remain under corporate ownership.

During World War II, the United States built the atomic bomb through the Manhattan Project under centralized national authority. It was not governed by venture-backed boards setting independent usage policies. It was directed by the U.S. government with a clear strategic mandate.

We need a similar mindset for our most sensitive AI systems.

Government must own core military algorithms. Not lease them. Not subscribe to them. Own them.

AI tools are being used for intelligence analysis, targeting refinement, pattern recognition, and operational simulations. These systems compress time, reduce uncertainty and accelerate decisions.

If AI is the new strategic high ground, America cannot subcontract the high ground.

China isn’t hesitating

As I argue in ‘The New AI Cold War,’ Beijing does not struggle with these dilemmas.

China fuses AI development directly to the state. There are no Silicon Valley executives in Beijing refusing military access. AI is treated as national infrastructure.

Russia and other nations are moving in similar directions. They are not debating internal guardrails while field-testing AI-enabled systems.

Strategic competition does not pause while we litigate contract language.

What must happen next

First, Congress must draw bright lines: no AI-enabled mass domestic surveillance of Americans without strict constitutional safeguards.

Second, codify meaningful human control over lethal force decisions.

Third — and most critically — build sovereign AI capacity inside government.

That means:

  • Government-controlled AI research for classified applications
  • Government ownership of core defense algorithms
  • Reduced reliance on private frontier labs for sensitive military systems
  • Long-term pipelines of cleared AI engineers

Anthropic argues that removing safeguards could enable autonomous killing systems or unconstitutional domestic spying.

Private industry will continue to innovate. But America’s most sensitive warfighting tools cannot remain dependent on companies whose corporate policies can override national defense requirements.

The real issue is sovereignty

The Pentagon–Anthropic feud is not about personalities. It is about sovereignty.

Who controls the algorithms that guide American force?

Who owns the code?

Who decides how it is used?

In the new AI Cold War, power will belong to those who control the models — not merely those who rent access to them.

America must protect liberty. We must reject AI-driven domestic surveillance. We must preserve human moral accountability in the use of force.

First, Congress must draw bright lines: no AI-enabled mass domestic surveillance of Americans without strict constitutional safeguards.

But we must also end the illusion that venture-backed firms can function as ultimate gatekeepers of national defense.

The AI Cold War is not hypothetical. It is unfolding on battlefields abroad and in policy fights at home.

This moment is not about one company. It is about whether the United States will treat artificial intelligence as strategic national infrastructure — or as a contractor service.

The answer will shape the next generation of warfare.

And history will not wait for us to decide.

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Precious metals prices are down on potential for economic fallout from escalating US-Iran War.

Volatility has returned to the precious metals market this past week. All eyes are on the breakout of a full-scale war across the Middle East prompted by a coordinated assault on Iran by the United States and its ally Israel. Oil prices are up, which means inflation risks are once again on the minds of Federal Reserve board members as they contemplate upcoming interest rate decisions.

Let’s take a look at what’s got the precious metals moving over the past week.

Gold price

The price of gold is showing remarkable resilience in the face of strong volatility this past seven very eventful days. On Thursday (February 26), the yellow metal managed an intraday high of US$5,200 per ounce, well above the low of US$4,440 per ounce reached in the first few days of February following US President Donald Trump’s nomination of Kevin Warsh, a former Federal Reserve governor, to replace Jerome Powell as the next Fed chair.

Gold continued this upward trend on Friday (February 27) rising to an intraday high of US$5,270 per ounce. Over the weekend, tensions in the Middle East erupted into a full-scale war as the US and Israel launched a massive military campaign targeting multiple locations across Iran. Consequently, Iran quickly escalated the conflict into a large-scale regional war including missile strikes and drone attacks in Israel, Cyprus, the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Kuwait.

The events lit a fire of safe-haven demand for gold, pushing prices up over US$5,400 per ounce on Monday (March 2). However, the yellow metal just as quickly reversed course on profit-taking and dropped as low as US$5,263 per ounce before recovering to a close of US$5,328 per ounce.

By Tuesday (March 3), the precious metal had lost further ground, following slightly below the psychologically important US$5,000 mark during morning trading, before finishing the day at US$5,088 per ounce.

Gold was trading back up at US$5,195 per ounce early Wednesday morning, as investors sought to buy the dip–a sign that strong confidence remains in the long-term bullish outlook for the metal. Gold closed the day at US$5,145.24 per ounce as investors balance safe-haven demand with the potential for higher interest rates for longer.

Gold price chart, February 25, 2026 to March 4, 2026.

Here are the primary drivers for gold this past week:

  • Geopolitical conflict in the Middle East remains the primary driver for safe-haven gold this week. Investors once again flocked to safe-haven gold, pushing the precious metal to near-record highs.
  • Expected profit-taking brought a healthy correction to the gold market, which contributed to the sharp, short-term drop on Tuesday.
  • Investor faith in gold’s long-term value brought on a buy-the-dip sentiment, giving the metal a strong level of support.
  • Concerns that rising oil prices as a result of the US-Iran war will lead to increased inflation is likely to place pressure on the Federal Reserve to delay interest rate cuts until later in the year. This takes a bit of the wind out of the sails for gold prices.
  • The likelihood of interest rates staying pat for longer strengthened the US Dollar and raised 10-year Treasury yields, both of which are also price negative for gold.

In other gold news, the World Gold Council reported that for the first time in more than a decade the Bank of Korea will begin investing in overseas-listed physical gold ETFs.

In gold mining sector news, SSR Mining (NASDAQ:SSRM,TSX:SSRM,OTCPL:SSRGF) has agreed to sell its majority stake in the Çöpler gold mine in Turkey for US$1.5 billion in cash.

Silver price

Silver has also experienced a volatile week of trading influenced by geopolitical tensions and concerns over the Fed’s next monetary policy moves.

Still well below its all-time high of more than US$120 per ounce it reached on January 29, 2026. The white metal traded at an intraday high of US$88.95 Thursday (February 26) before surging as high as US$94.14 per ounce the following day.

For Monday (March 2), silver continued higher to reach US$95.71 per ounce in early morning trading. Tracking gold’s decline, silver prices touched as low as US$86.61 that day before recovering to close at US$89.34 per ounce.

Tuesday’s (March 3) dip saw silver sink as low as US$79.734 per ounce in early morning trading before closing up at US$82.05 per ounce. Silver managed to hold on to those gains Wednesday (March 4) to close the trading day at US$83.56 per ounce

Silver price chart, February 25, 2026 to March 4, 2026.

As the world’s most electrically and thermally conductive metal, silver is still receiving strong support from industrial demand. The entrenched silver supply deficit also continues to provide a floor of support for the metal’s price.

In silver mining news, major silver producer Fresnillo (LSE:FRES,OTCPL:FNLPF), reported earnings before interest, tax, depreciation, and amortization of US$2.80-billion for the 12 months ended December 31, 2025, up more than 80 percent over the previous year. This allowed the company to payout a total of US$950-million, or 128.92 cents per share, to shareholders for 2025.

Platinum price

Platinum prices were trading well above the US$2,200 mark on Thursday (February 26), reaching as high as US$2287.50 per ounce. Friday brought further gains, with the precious metal pushing up past the US$2,400 per ounce level, although only slightly and very briefly.

However, by Monday (March 2) the price of platinum had slid as low as US$2,291.50 in the morning trade before finishing the day at a four-week high of US$2,325.70 per ounce.Tuesday (March 3) brought further volatility for platinum prices as they sank as low as US$2,015.70 as part of a broader liquidation event in the commodities markets. Yet, platinum managed to swing back slightly above the US$2,100 level by the end of the trading day.

Wednesday (March 4) saw platinum hanging on to those gains and moving upward to close at US$2,165.80 per ounce.

Platinum price chart, February 25, 2026 to March 4, 2026.

Platinum prices this week were supported by a March 3 report from the World Platinum Investment Council (WPIC) highlighting the fourth consecutive annual platinum market deficit with a 240,000 ounce shortfall expected in 2026. Although that is much lower than the 1.1 million ounce deficit recorded in 2025.

Demand is being driven by the metal’s essential role in the emerging hydrogen economy. The WPIC reports it sees support for platinum will come from a 7 percent rise in hydrogen stationary applications in 2026.

Palladium price

Palladium also succumbed to the downward trend for precious metals prices this past seven days. On Thursday (February 26), palladium retreated from the one-month highs above the US$1,900 level experienced last week to slip as low as US$1,770.50 per ounce in morning trading and struggled to finish the day close to US$1,800 per ounce. Friday found the metal back up to an intraday high of US$1,856.50 per ounce.

On Monday (March 2), palladium lost ground again, dipping to a low of US$1,781 per ounce before closing out the day at US$1,803 per ounce. However, the following day palladium’s price tracked its sister metals in a runaway slide that brought prices to a low of US$1,631 per ounce. By the end of the trading day it had only managed to claw back to US$1,672 per ounce.

After rebounding to US$1,730 per ounce in early morning trading Wednesday, palladium closed out the day at the US$1,700 level.

Palladium price chart, February 25, 2026 to March 4, 2026.

It seems investors are reassessing palladium’s value with a focus on broader economic risks to industrial demand brought about from potential shipping route closures in the Strait of Hormuz.

Market tightness persists due to output disruptions in South Africa and uncertainty over Russian exports, which provide a partial floor for prices.

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

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Europe is ramping up its nuclear defenses, as France expands its arsenal and Poland signals interest in closer nuclear coordination with allies. 

‘I have decided to increase the numbers of warheads of our arsenal,’ French President Emmanuel Macron said Monday. 

He also said France will no longer disclose the size of its nuclear arsenal, reversing previous transparency.

‘To be free, one needs to be feared,’ the French president concluded.

France’s shift comes as Europe faces its most volatile security moment in decades, with Russia’s war in Ukraine grinding on, repeated nuclear threats from Moscow, and renewed questions in European capitals about the long-term reliability of U.S. security guarantees. Recent U.S. military strikes against Iran have added to a sense of global instability.

Polish Prime Minister Donald Tusk, meanwhile, signaled his country eventually will try to obtain nuclear weapons. 

‘Poland takes nuclear security very seriously,’ he said Tuesday. ‘As our autonomous capabilities grow, we will strive to prepare Poland for the most autonomous actions possible in this matter in the future.’

Polish President Karol Nawrocki, who frequently finds himself at odds with Tusk, said he is ‘a big supporter of Poland joining the nuclear project.’

Poland is a signatory of the nuclear nonproliferation treaty from the 1960s, meaning it is officially committed not to obtaining nuclear weapons. 

Tusk said Monday that Poland was in talks with France after Macron offered to deploy nuclear-capable fighter jets to allied countries. 

Russia’s invasion of Ukraine in 2022 shattered long-standing assumptions about conventional deterrence on the continent and has been accompanied by repeated nuclear saber-rattling from Moscow, including threats tied to Western military support for Kyiv. Russian officials have periodically warned of escalation if NATO deepens its involvement, keeping nuclear deterrence at the forefront of European security planning.

At the same time, questions have resurfaced across European capitals about the long-term durability of U.S. security guarantees, even as Washington continues to lead NATO and maintain nuclear forces stationed in Europe under long-standing alliance arrangements.

Several European governments have sharply increased defense spending since the start of the Ukraine war. 

Germany announced a historic military buildup after decades of underinvestment. Poland has become one of NATO’s top defense spenders as a percentage of GDP, rapidly expanding its conventional forces. And leaders in Paris and elsewhere have revived calls for greater ‘strategic autonomy’ — the idea that Europe must be capable of defending itself if the United States shifts its focus elsewhere.

France is the only nuclear-armed nation in the European Union and maintains an independent deterrent separate from NATO’s U.S.-led nuclear umbrella. Any expansion of its arsenal or broader coordination with European partners marks a significant moment in the continent’s post-Cold War security architecture.

Globally, only nine countries are widely believed to possess nuclear weapons: the United States, Russia, China, France, the United Kingdom, India, Pakistan, North Korea and Israel.

The renewed nuclear focus in Europe is also unfolding as global tensions escalate beyond the continent. The U.S. recently carried out major military strikes against Iran, raising fears of a wider regional conflict and stretching U.S. military attention across multiple theaters.

For some European leaders, the combination of Russia’s aggression and instability in the Middle East reinforces arguments that the continent must be prepared to shoulder more of its own defense burden — including strengthening deterrence at the highest level.

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Osisko Metals Incorporated (the ‘Company or ‘Osisko Metals’) (TSX: OM,OTC:OMZNF; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce the appointment of Ms. Victoria Vargas to its board of directors, effective immediately.

Ms. Vargas brings over 25 years of extensive knowledge of the mining industry and North American capital markets, and a wealth of expertise in environmental, social and governance. She has a Bachelor of Arts (Hons. Economics) from Lima (Peru) University and an MBA Finance from Simon Bolivar University in Venezuela.

Ms. Vargas currently serves as the Chief Financial Officer of VMS Mining and is a director and chair of the corporate government relations committee of Lithium Universe Canada. She previously served as Vice President Investor Relations for Minera Alamos Inc., and as a director, chair of the corporate governance and nominating committee and a member of the audit committee of Silver Mountain Resources Inc.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec‘s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada‘s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals‘ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: 416-500-4129 

News Provided by GlobeNewswire via QuoteMedia

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