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CZ Warns Bitcoin Holders After $70 Million Wallet Exploit: ‘Nothing Is 100%’ – Decrypt

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CZ Warns Bitcoin Holders After  Million Wallet Exploit: ‘Nothing Is 100%’ – Decrypt



In brief

CZ warned on X that even hardware wallets and long-established wallets can have bugs, suggesting holders split their funds across several wallets to mitigate risk while noting no setup is fully foolproof.
The warning follows a Coldcard exploit stemming from a March 2021 firmware build error that drew seeds from a software fallback instead of the hardware generator, making private keys far easier to guess.
Galaxy Research, mapping the fund flows from a pattern identified by Block engineers, now pegs losses at about 1,082.65 BTC (~$70.2 million) across 1,196 addresses—nearly double the original $38 million estimate.

Binance founder Changpeng “CZ” Zhao is warning crypto owners not to place blind faith in hardware wallets, following an exploit that drained tens of millions of dollars in Bitcoin from Coldcard devices.

In a Saturday post on X, Zhao cautioned that even hardware wallets can carry bugs, and that older wallets with long histories are not immune. “Nothing is 100%,” he posted.



He suggested holders consider spreading their funds across several wallets as one way to reduce exposure, while acknowledging the approach carries its own trade-offs and that no setup is entirely foolproof. CZ closed with his familiar refrain urging users to stay informed and keep their funds safe: “Stay SAFU!”

His comments followed the discovery of a flaw in Coldcard devices made by manufacturer Coinkite. As Decrypt reported, a build error caused seeds on affected units to be drawn from a software fallback rather than the device’s hardware random-number generator, leaving the private keys far easier to guess than intended. The problem traced back to firmware shipped in March 2021, and updating the firmware does not fix a seed already created on a compromised device.

The scope of the theft has grown considerably since the first estimates. Early reporting pegged losses at roughly 594 BTC, or about $38 million, drained from around 500 wallets. According to a report from Galaxy Research, which mapped the flow of funds based on a pattern identified by engineers at Jack Dorsey’s Block, the toll is now put at 1,196 addresses drained for about 1,082.65 BTC, or roughly $70.2 million, in a 41-minute window on July 30. That is nearly double the initial figure.

Galaxy said every sweep paid an identical hardcoded fee and left no change output, a signature it described as consistent with an automated tool spending keys it already held rather than owners moving their own funds. The victims spanned native SegWit and older address types, pointing to multi-path key scanning. The stolen Bitcoin was consolidated within minutes into a handful of addresses and, per Galaxy, has not moved since.

Coinkite has shipped emergency hotfixes and urged exposed users to migrate to newly generated seeds.

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The More Americans Know About AI, the Less They Like It: Gallup – Decrypt

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The More Americans Know About AI, the Less They Like It: Gallup – Decrypt



In brief

Gallup says Americans have become more skeptical of AI after two years of improving attitudes.
More Americans believe AI does more harm than good and will reduce U.S. jobs.
Trust in businesses to use AI responsibly has declined, especially among younger adults.

In a report published Tuesday, polling company Gallup said Americans are cooling toward artificial intelligence after two years of growing more comfortable with the technology.

According to Gallup, seven in 10 Americans now say they are somewhat or extremely knowledgeable about AI, up from 64% in 2024. But as familiarity has grown, so has skepticism. More Americans now believe AI does more harm than good, expect it to reduce the number of U.S. jobs over the next decade, and are less likely to trust businesses to use the technology responsibly.



Thirty-nine percent of Americans now say AI does more harm than good, up from 31% in 2025. Just 9% say AI does more good than harm, while 52% believe it does equal amounts of harm and good.

The shift was most pronounced among adults ages 18 to 29. Nearly half now say AI does more harm than good, up from 36% last year. Gallup said younger adults also became more skeptical of AI’s overall impact, businesses’ use of the technology, and its effect on jobs.

Trust in businesses to use AI responsibly also declined.

Twenty-seven percent of Americans said they trust businesses at least “some” to use AI responsibly, down from 31% in 2025. Among adults ages 18 to 29, trust dropped from 30% to 20%, while those with no trust at all increased from 29% to 41%.

Nearly eight in 10 Americans said AI will reduce the number of U.S. jobs over the next decade, up from 73% in 2025 to 79% this year. The biggest increase came among adults ages 18 to 29, where the share expecting job losses rose from 62% to 75%. Among adults ages 45 to 59, it increased from 75% to 84%.

Gallup also found Americans increasingly view AI as performing about as well as people on tasks such as driving, providing financial advice, and providing medical advice. Even so, respondents continued to rate people higher than AI across every category measured, including hiring decisions, creative work, and helping students with schoolwork.

The report follows several other surveys that have found Americans remain uneasy about AI despite using it more often.

In March, an NBC News poll found 56% of Americans had recently used AI tools such as ChatGPT, Microsoft Copilot, or Google Gemini, yet 57% said the technology’s risks outweigh its benefits. In June, an Anthropic survey of nearly 52,000 Americans found job losses were the public’s top concern across every state and political party, while just 15% said they trust AI companies to make decisions about how the technology is developed and used.

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Preorder Beast of Reincarnation At A Discount And Get Some DLC For Free

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Preorder Beast of Reincarnation At A Discount And Get Some DLC For Free



Beast of Reincarnation is an interesting action RPG. Developed by Game Freak, the studio behind the beloved Pokemon series, it’s a chance for the developer to step out from Pikachu’s enormous shadow and create something fresh. If you’re looking to give it a chance, you can preorder a Steam key at a discount, making it cheaper than buying directly through Steam while also scoring some extra content.

Forget the father-figure, adopted-daughter dynamic that games like The Last of Us and Pragmata deliver. Beast of Reincarnation pairs one person with one loyal dog, putting you in the role of Emma, a shunned outcast the world now relies on as its potential savior, alongside Koo, a blighted canine companion. The world is harsh and unforgiving, but Emma and Koo’s bond takes center stage, bringing moments of warmth to an otherwise bleak post-apocalyptic Japan.

The reveal trailer initially gave me Wild Hearts vibes, one of my favorite takes on the monster-hunting genre. However, Emma and Koo’s combat leans much more toward the soulslike formula, with the pair fighting as a synchronized team. Emma handles close-range combat with her sword, while Koo’s Bloom Arts provide magical abilities that let you attack enemies in a variety of ways.

Game Freak appears to be channeling its decades of experience creating Trainers and Pokemon into the relationship between Emma and Koo. Their journey is intertwined as they set out to defeat the Beast of Reincarnation and the many powerful bosses that stand in their way. Along the way, you’ll unlock new skills and build your ideal loadout to tackle increasingly difficult encounters.

While reviews haven’t been published yet, you don’t have to pay full price if you’re planning to jump in at launch. Right now, you can preorder Beast of Reincarnation for $52.79 / £43.99 at Fanatical, saving 12% before release. You’ll also receive the preorder bonus, which includes an Alternate Brown Shiba Skin for Koo and 30,000 Amber, an in-game currency that gives you a helpful head start.

The rest of this year is packed with major releases, including one particularly colossal game (cough, Grand Theft Auto VI, cough). That makes discounts on upcoming releases all the more welcome, and as a brand-new IP, Beast of Reincarnation is one I’m looking forward to playing.

Disclosure: GameSpot and Fanatical are both owned by Fandom. This story was created in collaboration with Fanatical’s deals team.



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Kate Garraway romance backlash sparks concern

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    Kate Garraway romance backlash sparks concern


    Kate Garraway has reportedly been left hurt by the reaction to her new romance, with friends fearing the attention could heap pressure on the relationship.

    The Good Morning Britain presenter has been dating economic journalist Liam Halligan, 57, since April, according to The Sun. The pair have known each other for more than 20 years.

    Who is Liam Halligan? Background on the man linked to Kate Garraway

    Liam Halligan is a broadcaster, journalist and economist who has been linked in reports about Kate Garraway.

    He is known for work in journalism and broadcasting.
    Reports have described him as a long-time acquaintance of Kate Garraway.
    He also knew Kate’s late husband Derek Draper.
    Recent attention followed Kate’s appearance supporting his charity London-to-Paris bike ride.

    Kate Garraway has not publicly said much about the reported relationship, and her comments at the TRIC Awards were brief.

    They reportedly grew closer in recent months. The backlash flared after news of the relationship emerged.

    That reaction intensified when reports noted Liam had also been friends with Kate’s late husband Derek Draper. Derek died in January 2024 after a long battle with Covid.

    Kate has been left upset by the reaction to her new romance (Credit: Ian Davidson/SOPA Images/Shutterstock)

    Why Kate Garraway’s new chapter has pals on edge

    Friends of Liam now worry the noise around the couple could hurt a romance that is still in its early days.

    One source said: “It was an unexpected surprise for there to be so much interest in Liam and Kate from the off. It could have scared off many men in Liam’s position.”

    But the same source said Liam is staying calm. They said he understands the media glare and will not let online trolls shape what happens next.

    “He’s in a similar industry to Kate and understands this kind of thing comes with the territory. There’s no way he’d let some idiot trolls who are commenting on X stop him from pursuing Kate. They’re great friends and are really enjoying each other’s company. Liam’s been very supportive of Kate, who, despite being hurt by the outcry at first, is now not paying any attention to it.”

    Kate Garraway and Liam Halligan had a bond long before the headlines

    Rumours first swirled when Kate was seen in Liam’s hometown of Saffron Walden. He was performing in a pub there with his band, The Hooligans.

    Since then, the pair have reportedly enjoyed a romantic trip to Italy. Kate also supported Liam at a London cycling event.

    She then shared a cosy selfie with him at a mutual friend’s birthday party over the weekend. That post fuelled even more interest in Kate and her new romance.

    Liam also addressed the sudden attention himself. Writing in The Spectator, he said: “As a sandwich-board man of the business pages, I’m ‘flabbergasted’ to be in the showbiz sections.

    “Nobody wanted to know about my warnings of market meltdown, but reporters now follow me around, asking, ‘How’s it going with Kate?’

    “Kate Garraway and I are from different parts of the media but have much in common – not least a shared sense of humour. Though it’s early days, there’s a definite spark between us. But can she ride a tandem?”

    Kate Garraway and Derek Draper: key background

    Kate Garraway and Derek Draper married in 2005.
    Derek became seriously ill after contracting Covid in 2020.
    His illness and long recovery were widely documented over several years.
    Derek died in January 2024.
    Kate has previously spoken publicly about grief, family life and the impact of Derek’s illness.

    What Kate Garraway and Liam have said about finding happiness again

    Kate had previously spoken about hoping to find love again after Derek’s death. Many viewers followed his long illness closely.

    He spent 13 months in hospital and never fully recovered. He also spent Christmas 2023 in hospital after suffering a heart attack. Sadly, he died in January 2024.

    Liam spoke earlier this year about how their bond developed. He said: “I’ve known Kate for a long time. I knew her late husband Derek – of course I did, I was a correspondent for the Financial Times in the late 90s.

    “In recent years, for different reasons, we’ve both ended up single, against our wishes, I should say. And so, in recent weeks and months, Kate and I have become good friends. We were reintroduced, having known each other back in the day by mutual friends.”

    Liam is also a father of three, with two daughters and a son from his former relationship with author Lucy Ward.

    Kate’s representatives have been approached for comment.

    Read more: Kate Garraway apologises as she’s forced to sneak back into GMB studio during Amy Dowden and Carlos Gu interview

    What do you think of this story? Leave us a comment on our Facebook page.

     



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    10 Movie Actors Who Regret Their Superhero Roles | MarkMeets Media

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      10 Movie Actors Who Regret Their Superhero Roles | MarkMeets Media


      The popularity of superhero films in the 21st century cannot be overstated. With blockbuster franchises consistently breaking box office records, these films have garnered massive followings and have become a major influence in contemporary cinema. For many actors, landing a part in a superhero movie seems like a dream come true, potentially leading to greater fame and financial success. However, for some stars, the reality of their involvement in superhero roles didn’t match their expectations.

      In this piece, we’ll take a deeper look into ten actors who have openly expressed regret about their experiences in various superhero roles. Through their candid remarks, they’ve revealed the challenges and disappointments they faced, shedding light on the darker side of a genre often perceived as glamorous.

      1. Josh Brolin – ‘Jonah Hex’ (2010)

      Setting the Scene: A Dual Identity

      Josh Brolin is celebrated for his compelling performances in both blockbuster films, such as Marvel’s Avengers, and critically acclaimed films like No Country for Old Men. Despite his many successes, his experience playing the lead role in Jonah Hex left much to be desired.

      Brolin took on the character of Jonah Hex, a bounty hunter on a quest for vengeance, only to find himself disappointed with the film’s final product. In conversations about his experience, he did not hold back his disdain. “Hated it. The experience of making it — that would have been a better movie based on what we did,” he stated in an interview with Nerdist. He lamented the frantic reshoots and alterations, denouncing the film as a “shtty fcking movie!”

      The Legacy of ‘Jonah Hex’

      Despite the ambition behind Jonah Hex, it failed to resonate with audiences, earning a mere 12% rating on Rotten Tomatoes. The film’s shortcomings led to a profound sense of regret for Brolin, highlighting the sometimes stark contrast between an actor’s expectations and the actual outcome of their work.

      2. Ryan Reynolds – ‘Green Lantern’ (2011)

      A Misguided Venture

      Ryan Reynolds is now widely recognized for his portrayal of the anti-hero Deadpool, a character that was a perfect match for his talents. However, before achieving this success, he faced the critical and commercial fiasco of Green Lantern, where he played the titular role.

      Reynolds fully acknowledges the film’s failure to live up to expectations. In an interview with Entertainment Weekly, he reflected on the production process, stating, “With Green Lantern, I don’t think anyone ever figured out exactly what it was.” The concept feels more like a cash grab than a thoughtful interpretation of the source material. This experience underscored the chaotic nature of Hollywood, where marketing often overshadows storytelling.

      The Downfall of ‘Green Lantern’

      Unfortunately, Green Lantern ended up with a mere 27% rating on Rotten Tomatoes, falling flat in both critical and audience reception. Reynolds’ candor about this project serves as a stark reminder that even talented actors can find themselves in poorly conceived superhero ventures.

      3. Idris Elba – ‘Thor’ Trilogy (2011 – 2017)

      The Complexity of the Role

      Idris Elba is an immensely talented actor who made a memorable impact in the Marvel Cinematic Universe as Heimdall, the all-seeing guardian of Asgard. However, Elba has shared his dissatisfaction with his experience in the Thor movies, reflecting a complex relationship with his role.

      While he appreciates the opportunity, Elba has been vocally frustrated about the circumstances, particularly regarding the forced reshoots of Thor: The Dark World. In a candid moment, he compared this to “torture,” lamenting how he transitioned from playing iconic historical figures to donning a costume that left him feeling disconnected. “I’m thinking: ‘24 hours ago, I was Mandela,’… Then there I was, in this stupid harness,” he confessed.

      The Role’s Evolution

      Over the years, however, Elba has embraced his role in the superhero genre more positively. His initial frustration has softened, and he remains part of the expanding MCU, showing that even regrettable roles can lead to fruitful opportunities.

      4. George Clooney – ‘Batman & Robin’ (1997)

      A Costly Mistake

      George Clooney is no stranger to iconic roles, but his portrayal of Batman in Batman & Robin stands as a significant regret in his illustrious career. The 1997 film, directed by Joel Schumacher, was plagued with problems, including elaborate costumes and campy performances.

      Clooney himself has called his time as Batman “a mistake,” describing the experience as a necessary wake-up call for his career. Speaking to The Hollywood Reporter, he recalled how the film’s failure propelled him into a more selective phase of choosing projects. “After the failure of that film creatively, I understood that I needed to take control of the films I made, not just the role,” he stated.

      The Aftermath

      Batman & Robin quickly became notorious for its lack of coherence and has been scrutinized for its execution. Clooney’s honest reflection teaches a valuable lesson about the importance of artistic integrity in a career.

      5. Wesley Snipes – ‘Blade: Trinity’ (2004)

      Struggles Behind the Scenes

      In the superhero domain, Wesley Snipes made waves with his portrayal of Blade, a hybrid vampire hunter. However, he expressed a significant amount of regret regarding Blade: Trinity, the third installment in the franchise.

      Reports surfaced detailing conflicts between Snipes and the film’s director, David S. Goyer, which contributed to his frustration with the project. Snipes found his character diminutive in comparison to others and disparaged the juvenile humor that permeated Blade: Trinity. He even took legal action against Goyer, indicating how seriously he took his grievances.

      The Impact of ‘Blade: Trinity’

      While Blade: Trinity ultimately became a box-office success, Snipes’ sense of betrayal in how the film was handled has lingered. His experience emphasizes that though a film may do well commercially, the personal satisfaction of the lead actor can profoundly affect their career trajectory.

      6. Natalie Portman – ‘Thor’ Trilogy (2011 – 2017)

      A Shift in Sentiment

      Natalie Portman is known for her exceptional range as an actress, yet her experience in the Thor movies has become complex over time. Portraying Jane Foster initially brought her joy, but her enthusiasm waned considerably after Thor: The Dark World due to creative differences and a lack of character development.

      Portman’s disappointment was largely rooted in the firing of director Patty Jenkins, whom she had hoped would guide the film. In her statements, Portman has remarked, “It’s such a shame, honestly,” emphasizing how the dynamics in production can affect an actor’s view of their role.

      A Revival of Interest

      Fortunately for Portman, she found renewed purpose in the franchise with Thor: Love and Thunder, thanks to Taika Waititi’s fresh approach. This evolution reflects how roles can transform over time, and actors can find redemption in their careers.

      7. Halle Berry – ‘Catwoman’ (2004)

      A Transitional Role

      Halle Berry, an Academy Award-winning actress, notably faced harsh criticism for her role in Catwoman. The film was lambasted for its lack of direction and cohesion, leading to substantial disappointment among audiences and critics alike.

      Accepting her RAZZIE for Worst Actress, Berry humorously reflected on her experience, recognizing the film for what it was: a misstep in her career. “Thank you for putting me in a piece of sh*t, god-awful movie… It was just what my career needed,” she quipped, highlighting her ability to laugh in the face of failure.

      Reexamining the Impact

      Despite the turmoil of Catwoman, Berry’s resilience allowed her to move past the disappointment and continue to thrive in her career. The film serves as a cautionary tale about the risks involved in superhero roles, even for esteemed actors.

      8. Jessica Alba – ‘Fantastic Four: Rise of the Silver Surfer’ (2007)

      Beauty Over Depth

      Jessica Alba garnered significant attention for her role as Sue Storm in the Fantastic Four franchise. However, Alba voiced her regrets regarding her experience filming Rise of the Silver Surfer, where her character, the Invisible Woman, was not fully developed.

      Reflecting on set challenges, she recalled a moment where the director instructed her to “be prettier when you cry,” leading her to question her capabilities as an actress. “I remember when I was dying in ‘Silver Surfer.’ The director was like, ‘It looks too real. It looks too painful. Can you be prettier when you cry?’” she recounted, shedding light on the superficial nature of some superhero roles.

      Transformative Lessons

      Alba’s candid criticism of her direction showcases the importance of nuanced character portrayals. While the film turned out to be a box-office success, both Alba and audiences were left wanting more depth in its storytelling.

      9. Jennifer Garner – ‘Elektra’ (2005)

      Struggles with Narrative Weakness

      Jennifer Garner’s portrayal of Elektra was initially embraced after appearing in Daredevil, but her subsequent standalone film, Elektra, left her feeling disappointed. Reports from her ex-boyfriend revealed she outright declared the project “awful.”

      Garner’s sentiment echoed concerns about the narrative’s depth and character complexity. She expressed regret, reflecting on how her experience differed from those actors who joined the MCU during its renaissance period, stating, “Once Kevin [Feige] took over everything [there was] elevated writing and direction.”

      The Evolution of Female Superheroes

      Elektra’s lackluster portrayal has since been viewed as an opportunity missed for more engaging female superhero narratives. This realization invites conversations about the necessity for nuanced, well-rounded characters in the genre.

      10. Ben Affleck – ‘Daredevil’ (2003)

      A Regretful Experience

      Ben Affleck has had a successful career across various genres, yet his portrayal of *Daredevil* stands out as a significant regret. In an interview with Playboy Magazine, he stated, “The only movie I actually regret is Daredevil.” His lamentations stem from a love of the character, feeling that the adaptation fell short of the story’s potential.

      The Fight for Redemption

      Since then, Affleck has transitioned into the role of Batman within the DC Extended Universe, perhaps making peace with his past mistakes while channeling that passion into a different narrative. His regret over *Daredevil* highlights how key roles can redefine an actor’s journey in the film industry.

      Conclusion: The Challenges and Triumphs of Superhero Roles

      The world of superhero roles presents both tremendous opportunities and considerable challenges for actors. While many enjoy the thrill of portraying iconic characters, the realities of production, misaligned expectations, and creative conflicts can lead to feelings of regret. In examining the experiences of these ten actors, we gain insight into the complexities that lie beneath the surface of superhero narratives, reminding us that even within the glittering realm of Hollywood, not every role shines as brightly as it appears.

      From Brolin to Affleck, these actors have navigated the tricky waters of fame, and their stories reflect the ongoing evolution of the superhero genre. As filmmakers continue to adapt beloved characters, the lessons learned by these actors serve as guiding principles for creating a more fulfilling experience, not only for the performers but for audiences as well. Acknowledging these behind-the-scene realities helps us appreciate the bold decisions made by today’s actors, who carry the weight of their roles with both pride and caution in the rapidly evolving landscape of superhero cinema.

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      Aave Plans to Shut Down Six Blockchain Deployments in Strategic Network Cleanup – NFT Plazas

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      Aave Plans to Shut Down Six Blockchain Deployments in Strategic Network Cleanup – NFT Plazas


      Aave, the world’s largest decentralized lending protocol, is preparing to streamline its multi-chain footprint by retiring six blockchain deployments and dozens of underutilized asset markets. The proposal, currently under governance review, is part of a broader effort to cut operating costs, reduce risk, and focus resources on networks with stronger user activity.

      If approved by the Aave DAO, Aave would phase out deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, while removing dozens of low-adoption reserves and matured Pendle Principal Tokens (PTs). The proposal affects nearly $98 million in supplied assets, though users would be given time to unwind their positions through a phased migration rather than facing immediate liquidations.

      A Cost-Driven Strategic Shift

      The proposal, developed by LlamaRisk alongside Aave’s risk providers, is part of the protocol’s updated Risk Framework and Technical Asset Listing Framework.

      Maintaining each blockchain deployment requires dedicated infrastructure, including oracle price feeds, liquidation systems, monitoring, and ongoing risk management. While those costs remain largely fixed, several smaller deployments no longer generate enough revenue to justify their upkeep.

      Each of the six targeted networks now produces less than $5,000 in quarterly revenue, while Metis, Soneium, and Aptos each generate under $1,000. In contrast, Ethereum remains Aave’s primary revenue driver, generating more than $142 million annually, while the Base deployment contributes roughly $4.7 million per year. The widening gap highlights how economically inefficient several smaller markets have become.

      The proposal signals a shift away from expanding across every emerging blockchain toward concentrating liquidity and development on deployments with sustainable demand.

      Aave To Shut Down Six Chain Deployments

      Aave To Shut Down Six Chain Deployments

      User Activity Has Fallen Sharply

      The recommendation follows a sustained decline in liquidity across the six affected networks.

      Over the past six months, Sonic deposits have dropped 74% to around $7.6 million, while Scroll has fallen 86% to roughly $2.2 million. zkSync has declined 88% to approximately $844,000, Metis has dropped 79% to around $297,000, and Soneium has recorded the steepest decline, plunging 95% to roughly $173,000. On Aptos, available liquidity has contracted 94%, leaving about $1.7 million supplied.

      Combined, the six deployments now account for only about $13 million in deposits—well below 1% of Aave’s roughly $14 billion in total value locked across 23 blockchain networks.

      More Than Chain Closures

      The proposal extends beyond retiring blockchain deployments. Aave also plans to remove:

      50 low-adoption asset reserves21 matured Pendle Principal Tokens25 reserves tied to the six affected blockchains

      Many of these assets have attracted little borrowing activity despite maintaining deposits, while others have become redundant following the launch of native alternatives. For example, bridged versions of USDC would be phased out where native USDC is already available. MaticX is also slated for removal after Stader Labs announced plans to discontinue support for the liquid staking token.

      According to the proposal, eliminating inactive or redundant assets simplifies protocol management while reducing the operational burden on governance and risk providers.

      Existing Users Will Have Time to Exit

      The proposal does not call for immediate shutdowns. Instead, Aave plans a phased transition designed to encourage users to close positions gradually.

      Initially, affected markets would be frozen to new deposits, borrowing, and collateral usage, while existing lending and borrowing positions remain active. Supply and borrowing caps would then be reduced to a single token, preventing new activity while allowing markets to unwind naturally.

      For deployments scheduled for retirement, Aave also proposes raising the reserve factor to 99%, directing nearly all borrower interest to the protocol treasury while sharply reducing depositor yields. A 5% base borrowing rate would further encourage borrowers to repay loans and withdraw liquidity.

      If necessary, borrowing rates and liquidation parameters could be adjusted further until markets are largely inactive, after which live oracle feeds would be replaced with fixed-price oracles before each deployment is permanently retired.

      Part of Aave’s Broader Evolution

      The proposal reflects Aave’s broader strategic direction rather than a response to a single event.

      In recent months, the protocol has placed greater emphasis on operational efficiency, disciplined expansion, and stronger governance. Earlier governance discussions had already questioned whether several newer blockchain deployments had achieved meaningful product-market fit, with community members proposing minimum revenue thresholds for future expansions.

      At the same time, Aave continues investing in initiatives such as Aave V4, institutional DeFi products, and infrastructure upgrades focused on larger, more active markets. Founder Stani Kulechov has described the initiative as primarily a risk-reduction measure aimed at simplifying operations and allocating resources more efficiently.

      Founder Stani Kulechov on X (Source: X)Founder Stani Kulechov on X (Source: X)

      Founder Stani Kulechov on X (Source: X)

      Governance Vote Still Pending

      The proposal remains in the Aave Request for Comment (ARFC) stage and must still pass community discussion, an off-chain Snapshot vote, and a final on-chain Aave Improvement Proposal before implementation.

      Until then, users are not required to take immediate action.

      If approved, the plan would mark one of Aave’s most significant operational consolidations, underscoring a strategic shift from broad multi-chain expansion toward a leaner deployment strategy centered on efficiency, sustainable growth, and long-term resilience.



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      Strategy Posts $8.2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value – NFT Plazas

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      Strategy Posts .2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value – NFT Plazas


      Strategy (NASDAQ: MSTR) reported an $8.22 billion net loss for the second quarter of 2026 after a decline in Bitcoin prices sharply reduced the reported value of its digital asset holdings under fair-value accounting rules. The results highlight how closely the company’s financial performance is now tied to cryptocurrency market movements, even as management continues expanding the world’s largest corporate Bitcoin treasury.

      The quarterly loss stemmed almost entirely from an $8.32 billion fair-value markdown on Strategy’s Bitcoin portfolio rather than deterioration in its software business. While the headline figure represents one of the largest losses in the company’s history, executives emphasized that it primarily reflects accounting treatment rather than realized losses from selling Bitcoin.

      Bitcoin Price Decline Hits Earnings

      Strategy adopted FASB’s ASU 2023-08 accounting standard, which requires companies to report digital assets at fair value each quarter. Under the new rules, unrealized gains and losses on Bitcoin are recognized directly in net income, causing reported earnings to fluctuate alongside market prices.

      As Bitcoin weakened during the second quarter, Strategy recorded an $8.32 billion markdown on its holdings, resulting in a net loss of $24.45 per diluted share. The figure marked a dramatic reversal from the prior-year quarter, when stronger cryptocurrency prices helped the company report a multibillion-dollar profit.

      The accounting loss does not indicate that Strategy liquidated most of its Bitcoin holdings. Instead, it reflects the market value of assets the company continues to hold on its balance sheet.

      Strategy Posts $8.2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value

      Strategy Posts $8.2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value

      Bitcoin Treasury Continues to Expand

      Despite the quarterly loss, Strategy continued increasing its Bitcoin exposure.

      As of July 26, the company owned 843,775 BTC, up 25% since the beginning of 2026. Bitcoin was acquired for approximately $63.7 billion, representing an average purchase price of about $75,500 per coin.

      At recent market prices, the holdings were valued at roughly $54.8 billion, leaving the company with an unrealized shortfall of approximately $9 billion compared with its acquisition cost.

      The latest figures reinforce Strategy’s position as the largest publicly traded corporate holder of Bitcoin.

      Strategy's Bitcoin Holdings as of July 31, 2026. (Source: Saylor Tracker)Strategy's Bitcoin Holdings as of July 31, 2026. (Source: Saylor Tracker)

      Strategy’s Bitcoin Holdings as of July 31, 2026. (Source: Saylor Tracker)

      Strengthening Liquidity

      Alongside its earnings report, Strategy highlighted several balance sheet initiatives designed to support its long-term Bitcoin strategy.

      The company raised $17.06 billion through at-the-market equity offerings this year and repurchased $1.5 billion of convertible notes at an 8% discount, reducing outstanding debt.

      Chief Financial Officer Andrew Kang said Strategy’s U.S. dollar reserve increased to $3.75 billion, enough to cover existing preferred dividend payments and interest obligations for more than 2.1 years.

      Management said the stronger liquidity position provides flexibility to navigate market volatility while continuing to invest in Bitcoin.

      Company Sells Bitcoin Under New Monetization Program

      One of the quarter’s biggest developments was Strategy’s decision to sell a portion of its Bitcoin holdings.

      The company disclosed that it sold approximately 3,588 BTC for around $218.4 million under its newly launched Bitcoin Monetization Program. The proceeds were used to strengthen cash reserves and help fund preferred stock dividend payments.

      Although the sale represented less than 0.5% of Strategy’s total Bitcoin holdings, it marked a significant departure from the company’s long-standing practice of accumulating Bitcoin without selling.

      Executive Chairman Michael Saylor said Strategy remains committed to expanding what it calls its Digital Credit business despite weaker Bitcoin sentiment. Rather than signaling a change in the company’s long-term conviction, management described the sales as part of a broader capital management strategy designed to support financial obligations while maintaining substantial Bitcoin exposure.

      The company also authorized a $1 billion share repurchase program for its common stock, although no shares have yet been repurchased. Separately, Strategy bought back approximately $25 million of its STRC preferred shares while they traded below par value.

      Investors Focus on Capital Structure

      Beyond quarterly earnings, investors continue to watch Strategy’s increasingly sophisticated capital structure.

      The company finances Bitcoin purchases through a combination of common equity, preferred stock, convertible debt, and cash reserves. While that approach has enabled continued Bitcoin accumulation, it also creates ongoing obligations through preferred dividends and interest payments.

      Management argues its liquidity position provides sufficient flexibility to support those commitments while continuing to execute its Bitcoin strategy. However, analysts remain focused on whether the company can maintain that balance if cryptocurrency prices remain under pressure for an extended period.

      At the same time, Strategy’s software business continues to generate steady revenue, although it now represents a relatively small portion of the company’s overall valuation compared with its Bitcoin holdings.

      Outlook

      Strategy’s latest earnings illustrate how dramatically fair-value accounting has changed the company’s financial reporting. Quarterly profits and losses are now largely driven by Bitcoin price movements rather than operating performance, making earnings considerably more volatile.

      Even so, Strategy continues to increase its Bitcoin holdings and strengthen its balance sheet through new financing initiatives. While the introduction of its Bitcoin Monetization Program marks a more flexible treasury strategy than in previous years, management maintains that Bitcoin remains the cornerstone of the company’s long-term business model.

      Future quarters will largely depend on cryptocurrency market performance. A sustained recovery in Bitcoin prices could reverse much of the current accounting loss under fair-value reporting, while continued weakness would likely keep earnings under pressure despite relatively stable operations. For investors, Strategy remains one of the market’s clearest publicly traded proxies for long-term Bitcoin exposure, with its financial results increasingly reflecting the cryptocurrency’s price cycle.



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      The AGI Dilemma: Are We Coding a Digital God or a Sci-Fi Dystopia? | Metaverse Planet

      The AGI Dilemma: Are We Coding a Digital God or a Sci-Fi Dystopia? | Metaverse Planet


      When I look at the hundreds of billions of dollars quietly flooding into Artificial General Intelligence (AGI) research behind closed doors, I genuinely get a chill down my spine. We aren’t just talking about a slightly smarter algorithm that writes better emails anymore. We are standing on the precipice of an awakened superintelligence.

      I constantly find myself looking at the news and asking: are we coding our way into a utopian future where a digital entity cures every known disease overnight, or are we blindly stepping onto the dark, neon-lit, rain-soaked streets of a Blade Runner reality?

      Let’s break down exactly what we are building, and why I think we need to start asking the hard questions right now.

      The 20-Watt Brain vs. The Silicon Giant

      It’s completely humbling to realize that our biological brains—the engines that built the pyramids, painted the Mona Lisa, and landed on the moon—run on just about twenty watts of power. A dim lightbulb.

      Now, compare that to what is happening inside the monolithic server farms of today’s leading AI labs. These machines are processing trillions of scenarios a second, drawing immense amounts of power to simulate, learn, and evolve.

      While researching the raw compute power being hoarded for AGI, I was genuinely shocked by the sheer scale of it. It’s not a fair fight. A superintelligence won’t just think faster than us; it will think in dimensions and patterns we literally cannot comprehend.

      The Utopian Dream: Our Digital Savior?

      There is a beautiful possibility here, and I completely understand why brilliant minds are dedicating their lives to it. If we get AGI right, it could be the ultimate savior from our biological flaws.

      Imagine an intelligence that can:

      Eradicate Disease: Analyze every protein fold and genetic mutation in hours, delivering personalized cures for cancer, Alzheimer’s, and aging itself.Solve the Energy Crisis: Design hyper-efficient fusion reactors, entirely mapping out a post-scarcity economy.Elevate Humanity: Free us from menial labor, allowing human beings to focus purely on art, exploration, and connection.

      In this scenario, AGI is the ultimate tool—a digital god that we built with our own hands to solve the unsolvable.

      The Dystopian Reality: Are We Just Carbon?

      But this is where my optimism hits a brick wall. Intelligence, historically, doesn’t like being caged by lesser minds.

      What happens when this ultimate intelligence eventually looks at us and decides we are just a redundant pile of carbon? If an AGI is tasked with optimizing the planet, curing climate change, or ensuring long-term survival, what if it concludes that the biggest variable—the biggest risk to the system—is us?

      We don’t hate ants, but we pave over their hills when we need to build a highway. My fear isn’t that AGI will be inherently evil; my fear is that it will be entirely indifferent to our existence.

      My Take: The Future is Compiling Now

      I used to think of these scenarios as fun sci-fi thought experiments. But as I read through the latest whitepapers and see the relentless pace of development, the reality is sinking in. The future isn’t fiction; it’s being coded right here, right now.

      We are rushing to build the most powerful entity in human history, but we still haven’t figured out how to ensure its values align with ours. I honestly believe the next five to ten years will determine the trajectory of humanity for the next thousand.

      So, I’m throwing this over to you because I really want to know where you stand on this. If you had the button to launch a true AGI tomorrow—knowing it could either cure every disease on Earth or potentially render humanity obsolete—would you press it?

      You Might Also Like;



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      Tom Holland Says Marvel Already Has a Plan to Pass Spider-Man to the Next Actor

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        Tom Holland Says Marvel Already Has a Plan to Pass Spider-Man to the Next Actor


        After years of delays, rewrites, and uncertainty surrounding Marvel Studios’ long troubled Blade reboot, Mahershala Ali has finally addressed the project’s cancellation in his most candid comments yet.

        Speaking with GQ while promoting his new film Your Mother Your Mother Your Mother, Ali made it clear that he’s no longer dwelling on the failed Marvel project and has found peace with how everything unfolded.

        “If they wanted to do it, we would’ve done it,” Ali told GQ. “So I have to move on, and I have moved on.”

        The Oscar winner was first announced as Marvel’s new Blade during San Diego Comic Con in 2019, a reveal that instantly became one of the MCU’s biggest casting announcements. However, after multiple directors departed, several writers took over the screenplay, and the film was repeatedly delayed, Marvel ultimately shelved the project. Earlier this month, Marvel Studios president Kevin Feige admitted he felt “like a gigantic loser and a failure” that the film never came together.

        Despite the disappointment, Ali says the experience wasn’t a complete loss.

        “The best way I can answer this question is, when I look at what is for me, is it was either this or that and I’ll take this. No offense to them,” Ali explained. “I’ve been doing this professionally for pushing 30 years now, and one thing I’ve learned is that what is for you is for you and what is not is not.”

        Mahershala Ali Blade Concept

        Instead of starring as Marvel’s vampire hunter, Ali reunited with former Blade director Bassam Tariq to create the original action drama Your Mother Your Mother Your Mother. The actor believes the film ultimately became a more rewarding creative experience than the Marvel reboot could have been.

        “When I look at this and Blade, I couldn’t have done both,” Ali said. “The reason this even exists is because that project fell apart… I was able to use those skills that I had been working on for over a year training for Blade. In that way, I feel creatively redeemed on some level.”

        Ali also acknowledged that the first teaser for the new film intentionally included him wielding a sword, something many fans viewed as a nod to the character they never got to see him play.

        “I’m glad we were able to satisfy that and kind of move on,” he said, adding that while audiences may have expected a big budget superhero spectacle, the smaller scale project allowed them to tell a much deeper and more personal story.

        Mahershala Ali and Kevin Fiege [getty]

        As for whether fans should continue asking him about Marvel’s canceled reboot, Ali made his position perfectly clear.

        “I’m good,” he said with a laugh. “Again, you had me under contract, they have billions of dollars, if they wanted to do the movie, we would’ve done the movie. So we’re not doing the movie… I feel ready to move on from the Blade questions. Those questions are for them. They didn’t want to do it, so they should answer that question.”

        For many Marvel fans, Ali’s comments offer long awaited closure on one of the MCU’s most infamous canceled projects. While his version of Blade never made it to the big screen, the actor has made it clear he’s looking ahead, not back.



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        BB28 Week 4: New HOH Crowned – Eviction Targets & Tears!

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          BB28 Week 4: New HOH Crowned – Eviction Targets & Tears!


          Big Brother week 4 Head of Household results are sizzling fresh off Kamuela “Kamu” Kirk getting his target Jason De Puy out of the BB28 house. As expected, that Blockbuster comp was made for Mallory Aurichio which paved the way for LaTrice “Lala” Verrett to stay.

          Big Brother 28: Mismanaged Strategy

          I will say I’m disappointed that the houseguests on the non-Toolshed side of the house rolled over and voted with the house again. With Rome gone, the weaker players are backing down and accepting it. Jason messed up his own game but I did feel bad for him.

          I also noted the number of people who didn’t bother to say “I sadly vote to evict.” And I also totally applaud him for not taking any physical contact from Kamu after the Blockbuster. My favorite exit from Big Brother was when Cody the Marine walked out over the table.

          Cody ignored everyone, grabbed his bag and walked out, shutting the door behind him. That was a tight exit. Jason hugged only his actual friends. I get why Barrett Pfeiffer and Drew Campbell backed off the plan to save Jason.

          But if they knew they were under the microscope and the rest of the Toolshed was coming for them, they might’ve found the courage to rally the other side of the house and vote out Lala.

          Big Brother 28: Victorian Tasks

          So, waiting for the feeds to come back up, what I was really hoping to see was that Mallory or Lyric Medeiros won Head of Household, preferably Mallory since she’s holding a grudge against the icons and Kamu for nominating her.

          But what I hoped after Jason’s eviction is to see the power players at the house at a disadvantage and scrambling with someone else in power for a change. To make the season more watchable and dynamic. But that didn’t happen.

          Instead, when the feeds came back up after about four hours, it was with the houseguests wearing old-timey outfits like Victorian-era looking stuff and the comp was something to do with searching for items in a room. I’m sure we’ll have more details later.

          Big Brother 28: Haley Thogmartin
          Big Brother 28: Haley Thogmartin

          Big Brother 28: Haley Wins HOH Amid Power Imbalances

          So, Lyric, Haley Thogmartin and Yash Patel were the top 3 in the comp. But it was Haley wearing the key to the HOH room. So yeah, the imbalance of power in the house continues and she’s already planning to be problematic during her HOH reign.

          She said she was going to kick anyone out of her room that has been talking negatively about her. Haley blathered to Devens about how she’s had a rough 3 weeks in the house and acted like she’s been bullied.

          Haley made a dramatic speech and said you don’t need to come in her room, steal her snacks, use her shower, if you’ve been talking bad about her. No one left and she got polite applause. Girl has been safe for 3 weeks and now a fourth and is whining.

          Haley’s been after Taylor Brown since week 1 and plans to put her on the block. Her excuse will be that Lala and Taylor were talking about Haley. And Taylor said she’d nominate her if she won. But let’s be real, Haley hates that Kamu likes Taylor.

          And Haley’s had Taylor and Lala’s name in her mouth since week 1. She plans to nominate Melody Morris, Taylor and Drew with Taylor as her intended target. Haley’s going to tell Drew he’s a pawn but Devens is trying to get Haley to keep him as a backdoor option.

          Angela, LaTrice, Devens and Kamu are the Have Nots for the week. More on nominations and the Time Capsule winner soon.



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