Author: rb809rb

  • Oil prices rise again with little sign of war on Iran ending

    Oil prices rise again with little sign of war on Iran ending

    Brent crude futures hit $126.41 on Thursday – a 5 percent rise for the week.

    Oil prices are spiking again as efforts to resolve the Iran war remain at an impasse, with Tehran continuing to block the Strait of Hormuz and the United States Navy blockading Iranian ports and exports of Iranian crude.

    On Friday, Brent crude, the international benchmark, was up 89 cents at $111.29 a barrel by 08:08 GMT, compared with about $65 before the US and Israel began strikes on Iran on February 28. Overall, the Brent benchmark was poised for a 5.7 percent gain over the week, the Reuters news agency reported.

    Brent crude futures for June also continued to rise on Thursday, hitting $126.41 a barrel before expiry, marking the highest level since March 2022, Reuters said.

    A Pakistan-brokered ceasefire between the US and Iran has been in place since April 8 to allow time for talks but on Thursday evening, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said it was unreasonable to expect quick results, the official IRNA news agency reported.

    “Expecting to reach a result in a short time, regardless of who the mediator is, in my opinion, is not very realistic,” he was quoted as saying.

    Iran has threatened to strike back if the US renews attacks, including on US assets in neighbouring Gulf countries.

    On Friday, United Arab Emirates presidential adviser Anwar Gargash wrote in a post on X that no unilateral Iranian arrangements can be trusted or relied upon regarding freedom of navigation through the Strait of Hormuz as a result of its “treacherous aggression” against its neighbours.

    ‘Vital artery’

    One-fifth of the world’s supplies of oil and liquefied natural gas (LNG) are shipped through the strait, which connects Gulf producers to the open ocean, in peacetime.

    UN Secretary-General Antonio Guterres warned that if the disruption caused by the closure of the waterway drags on past the middle of the year, global growth is expected to fall, while inflation will rise and tens of millions more people will be pushed into poverty and extreme hunger.

    “The longer this vital artery is choked, the harder it will be to reverse the damage,” he told reporters in New York on Thursday.

    Meanwhile, a White House official said on Wednesday that US President Donald Trump had asked US oil companies to find ways to mitigate the impact of a potentially months-long siege of Iranian ports.

    The president and oil executives “discussed the steps President Trump has taken to ⁠alleviate global oil markets and steps we could take to continue the current blockade for months if needed and minimise impact on American consumers”, the official said.

    INTERACTIVE - Strait of Hormuz - March 2, 2026-1772714221
    (Al Jazeera)
  • Bitcoin ticks higher, but remains range-bound as traders keep short bias

    Bitcoin ticks higher, but remains range-bound as traders keep short bias

    The crypto market ticked higher on Friday. Bitcoin rose 1.25% since midnight UTC to trade at $77,250, and the CoinDesk 20 Index (CD20) added 0.7% with 14 members in the green.

    The increase comes after bitcoin found support at $75,000, a price it had earlier found difficult to climb above, on Wednesday. It has now been trapped between $75,000 and $80,000 since April 19. Negative funding rates on futures exchanges indicate that traders are generally positioned for a decline.

    U.S. equity index futures were little changed. Nasdaq 100 futures cooled after the week’s Big Tech earnings, while S&P 500 futures are marginally in the black, up 5 points.

    Precious metals fell, with gold and silver losing 1% and 0.7%, respectively, and the altcoin market is a mixed bag; AXS and HYPE rose by around 3%, but DeFi tokens MORPHO and AAVE are both in the red.

    Derivatives positioning

    • Open interest in bitcoin futures holds at $19 billion, roughly unchanged week-over-week, with speculative activity showing little conviction.
    • Funding rates are broadly negative across multiple venues at around -2% annualized, except on Deribit, which saw a spike to 37%. The three-month annualized basis sits at 1.5%, also flat on the week, pointing to continued institutional caution.
    • Options sentiment leans bullish: put/call volume over the past 24 hours is 58% in favor of calls, and the one-week delta skew has eased to 8.6% from 9.5%, indicating moderating demand for downside protection.
    • The implied volatility term structure is in contango, with the front-end around 29% rising to ~45% at the March ’27 tenor, suggesting the market is pricing longer-dated uncertainty rather than immediate tail risk.
    • CoinGlass data shows $149 million in 24-hour liquidations, with a 30-70 split between longs and shorts. BTC ($50 million) and ETH ($29 million) led in terms of notional liquidations.
    • The Binance liquidation heatmap indicates $75,400 as a core liquidation level to monitor in the event of a price drop.

    Token talk

    • The CoinDesk Memecoin Index (CDMEME) was the best-performing benchmark, surging by 1.8%, followed by the CoinDesk Computing Select Index (CPUS), which added 1.4%.
    • CoinDesk’s DeFi Select Index (DFX) lagged its peers, and was recently unchanged despite broader market optimism.
    • Monad (MON) led the altcoin market on Friday, rallying by 6.7% over 24 hours. There were also notable gains for PENDLE, RAY and TAO, all up between 4.2% and 5.35%.
    • The same can’t be said for , the DeFi token linked to President Donald Trump’s family. That dropped by more than 2.6% since midnight following a governance vote on token lock-ups. It has now lost more than 77% since it was introduced in September.
    • CoinDesk’s Overnight Rate (CDOR), which tracks lending and borrowing rates on Aave, has returned to normal market conditions after the KelpDAO hack, a sign of strength in the DeFi sector.
  • Morgan Stanley Outlines Five Reasons Why They Are Bullish on Cryptocurrencies

    Morgan Stanley Outlines Five Reasons Why They Are Bullish on Cryptocurrencies

    US financial giant Morgan Stanley has made noteworthy assessments regarding the future of crypto assets.

    Amy Oldenburg, the company’s Head of Digital Asset Strategy, detailed the firm’s crypto approach and 2026 vision in an interview.

    It was first stated that tokenization is not the ultimate goal, but rather the foundation of larger financial structures. According to Oldenburg, simply moving assets to the blockchain is not enough; real value will be created by 24/7 markets, faster collateral movement, programmable financial products, and the emergence of next-generation financial workflows. In this process, it was argued that the financial system will not only integrate crypto but will also be reshaped around a crypto infrastructure over time.

    Secondly, it was noted that institutional companies are now adopting public networks instead of private blockchains. Networks like Ethereum and Solana, in particular, have become common ground for stablecoins, tokenized stocks, and real-world assets (RWA). This shift means that institutions are choosing to integrate into the existing blockchain ecosystem rather than building their own infrastructure.

    Related News Ripple (XRP) Announced Its Major Dubai Move Today

    The third point states that asset managers are beginning to view cryptocurrencies not just as an investment product, but as an integral part of portfolio construction. Morgan Stanley’s MSBT ETF, launched on April 8, 2026, stands out as a concrete example of this transformation, while the company is also developing new products in areas such as altcoin access, direct trading, yield-focused products, and DeFi solutions. However, it is noted that this expansion is progressing gradually due to regulatory and infrastructure limitations.

    Fourthly, the prediction that investors will own crypto wallets directly in the future attracted attention. Oldenburg stated that Morgan Stanley clients will be able to hold tokenized assets directly in their own wallets in the future. With this model, investment portfolios will not be limited to in-house systems, but will become portable across different networks and interact with smart contracts.

    Finally, it was noted that digital assets are now beginning to be seen as a fundamental infrastructure of the financial system. Morgan Stanley is said to have moved crypto from the research phase to integrating it into its core business lines such as institutional securities, asset management, and wealth management.

    *This is not investment advice.

  • A Hollywood Chief AI Officer Breaks Down the Job

    A Hollywood Chief AI Officer Breaks Down the Job

    “Chief AI officer” isn’t a classic Hollywood power title like “head of business development” or “social-media crisis manager for when a celeb loses their mind.” But get ready for that to change as more studios and agencies realize they need executives devoted to overseeing AI efforts.

    Among the first to the campfire is Kathleen Grace. A former executive at YouTube and the rights-tracking AI company Vermillio, Grace was hired this winter as chief AI officer at Lionsgate, becoming the first person at a Hollywood studio to specifically hold that title.

    What does that job actually mean and how does she feel the tech should — and shouldn’t — be integrated into the development pipeline? We chatted with Grace to find out.

    Let’s start with the job description. What does a chief AI officer do?

    I’ve been brought in to connect AI strategy with real execution as we continue to invest and find the right tools and put them in the hands of our filmmakers and showrunners. My goal is to very intentionally move forward with experimentation, but with clear guardrails and a strong focus on trust and creative partnership. Success is not just about, “Hey, let’s go try the latest model.” It’s about responsibly integrating AI across production, marketing, distribution and administrative workflows in a way that supports our creative teams, protects their rights and actually makes the work better. 

    You mention experimentation. I know it’s early in your tenure, but what could that look like? 

    For me, it’s structured, meaning it’s an iterative process, like software development. We pilot things before we go sell them as a series. We read scripts. Software development works very similarly. So how are we going to test the tools out there in a safe way, without even using any of our existing IP, and then, how do we do the work? Are they up to the standards of our creative teams? So it’s a very rigorous testing process that I’m trying to build internally.

    So what kinds of things can readers see? What will AI experimentation look like to a Lionsgate consumer?
     
    Like you said, right now it’s early. I like outlining the use cases and understanding what’s going to be most impactful for both Lionsgate and our partners. So it’s hard for me to give you a specific example I’m comfortable talking about publicly right now.

    Do you see AI as an all-encompassing effort? That is, is this more of a filmmaker-support thing, invisible to consumers? Or can you envision creating platforms for the public?

    I think we’re going to work across production, marketing, distribution and even administrative workflows — so every single aspect of our business. My vision is to support the showrunners and filmmakers and what they want to do. So they come to me with an idea that’s ambitious and cool. We’re going to do everything in a safe way. And be open. If it deepens the experience for the audiences we speak to, I’m into it.

    What do you say to people who see this as more of an efficiency tool or a cost-cutting tool? Is that something you’d be OK with, or would you try not to use AI for that purpose?

    Every era of filmmaking has been shaped by new technology. Things have changed black and white to color, film to digital and obviously, more recently, streaming. And at each time, there has been this anxiety, but at each time, the tools change. The role of filmmakers and genres as creative leaders did not, and so we see the following of a similar path, opening up creative possibilities, expanding the world that can be built and enabling new formats. Yes, it can introduce efficiency and speed, but it’s more about removing friction from the process, not people from it. 

    So those who say it will be the same amount of output, just now done more cheaply and with fewer people — you’d push back on that scenario.

    Our goal is to make more space for creative ambition, not less, and to support the visions of our filmmakers and showrunners, not replace them. I’m not going to pretend that there isn’t a pressure to be more efficient in our business today. But that efficiency doesn’t have to mean fewer voices. It can just mean giving creative teams better tools earlier in the process. My previous role at Vermillio was entirely building a tech that allowed people to be fairly compensated for the use of their name, image and likeness. Previously at YouTube as well — I was deeply involved in the creator ecosystem. And so I continue to bring that expertise, understanding how to like working with creative people, to build trust and great working relationships with technology partners. That’s the goal.

    When Lionsgate made the Runway deal in 2024, many around town wondered what it would mean to have a model that was trained exclusively on all these Lionsgate properties. We haven’t seen, publicly at least, many outcomes from that deal. How do you imagine that kind of relationship can be capitalized on?

    I can’t get into specifics on that. We’re integrating them in many ways. We have lots of different partners, but obviously we love Runway, and we’re continuing to work with them. It’s just about where their tech can drive the most impact, and we’re learning that together. I’ll say I’m excited about it — the fact that we are going to have some really great new ways to deeply engage with the people who love Twilight or the people who love John Wick. Like, I’m just very into that. 

    You mentioned the marketing side of this. I don’t think people talk enough about that, about how AI could connect consumers with something that is made. What are you views on how AI can be used to reach people or help them engage?

    I think we’re going to see exciting uses of AI throughout the entire process of our business. And I think we have to think of it less as a surgical tool and more as a change in how you think about what you’re doing, no matter what that is, across our entire business. 

    A few speed-round questions. In five years, do you believe the majority of film, TV or creator content will be AI-driven or human-led? What about 10 years?

    I guess it’s hard for me to think about it that way because I see it more as a partner and collaborator. If the question is whether AI will be an integral part of creative processes in five years, yes, I think it will be, and even more so in 10 years.

    Will it be human-led?

    I think we’re going to need people to evoke feelings.

    So they will be at the center of the process, as opposed to in the background, overseeing a model.

    Yes, it will be human-led; they will be co-creating throughout. 

    A partnership.

    Yes. You know, being a filmmaker and a creative person, having a vision, can be very lonely, and having a team believe in you can be very powerful, empowering. And having people to collaborate with, both people and technology to collaborate with, can make you grow exponentially.

    Give me the single best thing AI will bestow on Hollywood and the creator economy, and maybe the single worst. The most excited about and the most fearful for.

    I’m most excited about how it’s a bigger palette to make more cool stuff. 

    And biggest fear?

    My biggest fear is that we erode trust in our creative partners. 

    Thank you. I’m eager to see what shape this takes.

    Thank you. I am too.

    This story appears in The Hollywood Reporter’s AI Issue. Click here to read more.

  • I’m a Hollywood Writer. It’s Not Over for Us

    I’m a Hollywood Writer. It’s Not Over for Us

    Back in February, Hollywood received a message from the future: “I hate to say it, but it’s likely over for us.”

    This came from Wolverine & Deadpool screenwriter Rhett Reese in response to a clip posted on Twitter by the Irish filmmaker Ruairi Robinson. The AI-generated video, as you’ve almost certainly seen, depicted a fight between Brad Pitt and Tom Cruise atop what appeared to be a Roman ruin set somewhat perplexingly against the New York City skyline.

    The clip seemed to represent a huge leap forward in AI-generated video, with high production values and realistic facial expression and movement. It looked like a movie. An expensive one. While some commenters were critical, the quality of the video represented a quantum leap forward from the famously crude early AI videos depicting Will Smith eating spaghetti.

    Anyone who extrapolated that progress into the future could see that it wouldn’t be long — a year, months, weeks — before anyone could generate movies on their home computer that once cost $200M or more at no cost. For screenwriters like Mr. Reese and myself, and for everyone else who earns their living in our business, the prognosis seemed clear: It’s over for us. 

    Or is it? Because the question, I think, isn’t what AI can create. The question is whether anyone will watch it. 

    One harbinger of the paradigm shift we’re going through — not just in the entertainment industry but across our entire culture — took place May 11, 1997, when chess grandmaster Garry Kasparov lost to IBM’s Deep Blue. At that point, Kasparov was the greatest chess player in human history, with an ELO rating of 2800, but after that loss, computers left human beings behind and never looked back. To any observer on that day, it would seem that chess, or chess played by human beings, was over. The future would be computers playing other computers.

    But that’s not what happened. Competitive chess — human chess — is thriving. Magnus Carlsen is a global celebrity. Chess has made him wealthier than any player before him, and YouTubers like Hikaru Nakamura earn as much as Carlsen. Chess is an industry in a way that it never was in 1997. Meanwhile, there is a much smaller community of people who design AI chess engines and pit them against one another in what I like to imagine as Fight Club-style contests held in basements. The AI chess bots are now vastly better than any human player who has ever lived, but — and this is important — nobody cares about them.

    Human beings are social animals. We care about what other human beings do. We don’t really care that much about what machines can do. We take it as a given that they can do things we can’t — after all, that’s why we made them. But they don’t interest us the way other humans do.

    Imagine you’re a tennis fan and that in the future Netflix’s algorithm is able to generate tennis matches custom-designed to your taste. You can watch a new, spectacular, nail-biting match between AI Carlos Alcaraz and AI Novak Djokovic every day. Would you watch that channel? Of course not. You don’t care about AI Novak Djokovic. To be a sports fan is not merely to be invested in the spectacle of sports but in the human drama of it: the contest between a young player on his way up against an older one trying for one last title. We feel we know these people, and what’s crucial to the drama of that parasocial relationship is that they are real human beings, testing real human limits. 

    We care about the real Novak Djokovic because he’s a 38-year-old man seemingly doing the impossible — just as we care about the real Tom Cruise performing his own stunts because he’s a 63-year-old man doing the impossible.

    Now imagine you’re a movie fan. Netflix’s algorithm detects that you loved Sentimental Value, so it creates a channel that auto-generates a new Joachim Trier movie for you every day. Would you watch it? Probably not. Because you’re interested in what Joachim Trier has to say and how he’s choosing to say it. You have a parasocial relationship with him and his actors, even if you’re walking into the theater for the first time and you’ve never seen one of his movies before. He’s a human being trying to communicate something to you, and that communication is part of a broader cultural conversation that takes place over tables at restaurants and parties and on Twitter. And if human beings aren’t involved, we don’t care. 

    To be sure, not all entertainment is auteur cinema, and not everybody cares whether what they’re watching was human-made. Would a 3-year-old know or care whether Teletubbies was made by AI? Probably not, and this has implications for children’s programming. And future generations of kids raised on AI programming — “AI natives” — will likely be less discriminating about whether their entertainment is AI- or human-made. There’s a whole stratum of “commodity TV” where the consumer just wants something on in the background, and we should assume that there will be a sort of cultural creep as AI slop becomes more pervasive and starts moving up the entertainment food chain. 

    Reese worries that very soon, “a person will be able to sit at a computer and create a movie indistinguishable from what Hollywood releases.” But this medium has existed as long as cinema itself — it’s called animation. We may be on the verge of an era of photorealistic animation, but that won’t necessarily crowd out live-action filmmaking any more than Pixar did. Tellingly, animation has never tried to perfectly replicate what live-action can do: instead, it does what live-action can’t. And in all great animation, from Chuck Jones to Hayao Miyazaki to Wall-E, the human touch is palpable in every frame, because human audiences demand it.

    The AI filmmaker of the future will have to create something enormously original and distinctive to rise above the ocean of zero-cost AI slop that will soon be out there. If anything, the bar will be higher for AI filmmakers than live-action filmmakers in terms of voice and originality. The “AI Chris Nolan” that Reese predicts will have to be very, very distinctive in order to avoid being instantly duplicated by legions of roving AI agents cloning whatever movie just dropped.

    The future of AI video may not be in creating photorealistic “fake” Hollywood movies with fake stars but movies that Hollywood can’t make, or that it has heretofore never even dreamed of making. The true frontier of the medium may be the point where the merger of “real” live-action performance and AI make films that were once uneconomic suddenly possible.

    The real significance of the Brad Pitt vs. Tom Cruise video is that we are fast approaching the point where the cost of producing empty spectacle is zero. Visual imagery that once cost $250,000 per shot and thousands of man-hours to produce in CGI will be as plentiful as air, or water. We will soon be swimming in it, and its cultural and economic value will decline accordingly. But the supply of human drama, written by real writers and performed by real actors, will remain as scarce and valuable as ever.  

    David Scarpa has been a leading voice in film and television for more than 20 years. Represented by Verve, he most recently wrote Gladiator II and Napoleon, both for Ridley Scott.

    This story appears in The Hollywood Reporter’s AI Issue. Click here to read more.

  • May Day in the age of AI: The new war on workers

    May Day in the age of AI: The new war on workers

    On May 1, much of the world celebrates International Workers’ Day, or May Day, honouring workers’ rights and the history of the labour movement. A public holiday in many countries, May Day has traditionally been stifled in the United States, a nation that has never been big on either international labour solidarity or workers’ rights.

    The US and its tagalong to the north, Canada, instead celebrate their own exclusive Labour Day in September. But the origins of May Day lie in the US itself, where, on the first of May in the year 1886, mass strikes on behalf of an eight-hour workday broke out and were quickly met with deadly police repression.

    Nowadays, workers’ rights are under fire from another direction: artificial intelligence (AI), which threatens the very right of workers to, well, work.

    In January, Amazon – the second-largest employer in the US after Walmart – moved to lay off 16,000 employees, the latest round of sweeping layoffs on account of AI. In October 2025, The New York Times reported that the company had plans “to replace more than half a million jobs with robots”.

    The US presently leads the world in AI development – an unsurprising development given the country’s special relationship with die-hard capitalism and the idea that workers should perform like machines. What more logical next step than to replace them with machines altogether?

    I, myself, generally try to avoid the US at all cost, having found it sufficiently creepy and alienating long prior to the AI takeover. On a recent trip to San Francisco, the world’s leading AI and tech hub, I found that the landscape had been rendered ever more dystopian by ubiquitous billboards and other signage pushing AI down everyone’s throats.

    I was in town visiting a young Colombian man I had met in the Darien Gap, the deadly migration crossroads of the Americas, as he made his way north in pursuit of the American dream or at least enough money to survive. He was now working construction in the San Francisco Bay Area, which I had figured was at least one profession immune from AI disruption, but the internet informed me that I was wrong.

    Driving into the city, it was difficult to spot a billboard promoting anything but AI. One local advertising campaign, courtesy of the San Francisco-based AI agency Artisan, had repeatedly made headlines for its overtly callous nature. The company’s posters offered a range of advice: “Stop Hiring Humans”; “The Era of AI Employees Is Here”; and “Artisans Won’t Complain About Work-Life Balance”.

    Artisan CEO Jaspar Carmichael-Jack, 24, has been quoted as defending the campaign as intentionally “provocative” and suggesting that his firm’s aim wasn’t really as inhumane as it seemed: “We’re going after replacing the work that people don’t want to do so they can do the work they actually enjoy.”

    But unfortunately for Carmichael-Jack, there is something called reality. And for a whole lot of folks in the real world, a job is often a means to put food on the table and cover the basic necessities of existence – an increasingly formidable undertaking, especially in a country that prefers to fund genocide in Gaza and war on Iran rather than provide affordable housing and healthcare options for its own people.

    In other words, it’s unlikely that the average Amazon worker who loses their job to AI is spontaneously going to find themselves doing something they “enjoy” – like, I dunno, being the 24-year-old CEO of an AI agency in California.

    As Liza Featherstone, the author of Selling Women Short: The Landmark Battle for Workers’ Rights at Walmart, told me: “The billionaire class seeks a world without workers, or at least one in which workers feel as extraneous and precarious as possible. They love AI because they don’t want to deal with human workers’ demands to be treated as … humans!”

    To be sure, precarious employment is an intrinsic component of capitalism, as workers who live in fear of losing their jobs are less likely to speak up for their rights.

    Just look at the recent sordid history of corporate union-busting by the likes of Amazon, Starbucks and Trader Joe’s, which have relied on patently illegal and underhanded tactics like firing pro-union workers and threatening to withhold health benefits from employees who don’t toe the anti-union line.

    And fear in the workplace will no doubt only intensify as “AI employees” that don’t care about rights start snatching up jobs left and right.

    In the end, AI is not only the culmination of longstanding corporate efforts to convert the Earth’s inhabitants into digitally addicted automatons. It is also the culmination of a lengthy corporate track record of worker oppression.

    Just for the hell of it I googled “problems with AI” to see what the AI Overview response was. According to the answer I got, problems ranged from “immediate technical failures and ethical dilemmas to long-term societal and safety risks”.

    As of early 2026, the overview specified, “key issues” included the “tendency to generate false information, perpetuate biases, and cause substantial environmental and data security risks”.

    Of course, none of this has stopped the corporate plutocrats from betting on AI. On April 29, The New York Times revealed that, in just the first three months of this year, Google, Amazon, Meta and Microsoft had “plowed a total of $130.65 billion into capital expenditures, largely spending on data centers that power A.I.”

    Meanwhile, certain elite executives have noted that AI currently costs way more than human workers. But never mind such trivialities.

    For his part, US President Donald Trump is all about AI, and a March press release from the White House announced that the Trump administration is “committed to winning the AI race to usher in a new era of human flourishing, economic competitiveness, and national security for the American people”.

    But it goes without saying that there is little room for human flourishing in a post-human world. And on this May Day, as on every other day, there should be no room for AI.

    The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.

  • ‘Under Paris 2’ Back With a Bite: Netflix’s Shark Movie Sequel Starts Filming in France (EXCLUSIVE)

    After hooking viewers with French shark movie “Under Paris,” Netflix is finally getting ready for another bite of the cherry as “Under Paris 2” has gone into production in the south of France, Variety can confirm.

    Original cast members Bérénice Bejo and Nassim Lyes return alongside Guillaume Gouix, Phillippe Bas, Manon Bresch and Anne Marivin.

    The sequel is set three years after the events of “Under Paris,” when a triathlon in the French capital turned into a bloodbath after a bunch of mutated sharks not only set up camp in the River Seine but started reproducing. Attempts to neutralize them resulted in a chain reaction that ended up flooding the entire city.

    “Three years after the Paris triathlon disaster, the center of the Capital is submerged,” reads the logline for the sequel. “Sophia (Bejo) and Adil (Lyes) reunite for a high-risk mission: to track Lilith, the original predator, in the shark-infested Seine. There, they will discover that the deadly wildlife hides a much more surprising reality…”

    Alexandre Aja on the set of “Under Paris 2” (Roger Do Minh)

    “Piranha 3D” helmer Alexandre Aja takes the reigns from Xavier Gens, who wrote and directed “Under Paris,” although Gens stays on as co-writer (alongside Aja, Gregory Levasseur, Frédéric Garcia, William Laboury and Fanny Talmone) and associate producer, also with Aja. Aja and Levasseur are credited with adaptation while Vincent Roget (“Let Me Be”) is producing.

    “I love Paris, and I always wanted to make a shark movie, so it was an obvious yes when the opportunity came to take the story even deeper,” Aja said of sinking his teeth into the movie.

    Garnering more than 102 million views since its 2024 release, “Under Paris” is the most popular French film in Netflix’s history and the second most popular non-English language film on the platform. Its success was all the more surprising given it was initially turned down by a number of French studios and financiers.

    Variety‘s reviewer compared it favorably to the daddy of shark movies, “Jaws,” saying: “Netflix’s new thriller swims rather than sinks as it adds life to a genre that’s been bloodless for far too long.”

  • US-Based Bitcoin Mining Company Transfers 500 BTC to Another Crypto Company! Here Are the Details

    US-Based Bitcoin Mining Company Transfers 500 BTC to Another Crypto Company! Here Are the Details

    A wallet believed to be linked to the US-based Bitcoin mining company Riot Platforms reportedly made a remarkable transfer. According to information shared by the on-chain data platform Lookonchain, the address sent 500 Bitcoin to the crypto financial services company NYDIG approximately five hours ago. The total value of the transfer is estimated to be around $38.2 million.

    Market experts note that such large-scale transfers are generally considered preparatory actions before a sale. Mining companies, in particular, are known to divest their $BTC assets periodically to cover operational costs or realize profits. Therefore, this move associated with Riot Platforms is being closely monitored by market participants.

    However, it is not yet clear whether this transfer definitively constitutes a sale. Some analysts emphasize that such transactions can also be carried out solely for the purpose of asset custody or restructuring through institutional service providers. In this context, the preference for platforms offering institutional solutions, such as NYDIG, is noteworthy.

    On the other hand, large wallet movements in the Bitcoin market can affect investor sentiment. The transfer of large amounts of $BTC to exchanges or financial institutions can increase expectations of potential selling pressure, leading to short-term price fluctuations.

    Experts emphasize that investors should analyze such on-chain data in conjunction with overall market conditions and macroeconomic developments, rather than evaluating it in isolation.

    *This is not investment advice.

  • Bitcoin edges above $77,000, but institutional activity suggests downside hedging

    Bitcoin edges above $77,000, but institutional activity suggests downside hedging

    Bitcoin rose more than 1.2% during the European morning to reach just shy of $77,500 for a lift of about 1.7% in the last 24 hours.

    The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), also ticked higher, up around 0.95%.

    Bitcoin’s gains came on above-average volume, with 24-hour activity running 15% above its seven-day average, indicating steady participation, according to CoinDesk Research’s technical analysis data model.

    Derivatives markets may tell a more cautious story. Open interest in the June 26 $76,000 put option surged 22.5%, pointing to increased demand for downside protection near current price levels. The spike suggests institutional participants are positioning defensively, either locking in gains or preparing for potential declines.

    Furthermore, bitcoin worth over $770 million has been sent to exchanges in the last week, analyst Ali Martinez post on X, citing data from Santiment. This action is generally regarded as a pre-sale step, pointing to the possibility of considerable selling pressure in the near future.

    Bitcoin’s tight correlation with the CD20 — showing only a 0.15% deviation — suggests macro forces, rather than crypto-specific catalysts, continue to drive price action. The index, which captures a large share of the digital asset market value, reinforces that BTC is trading as part of a broader risk complex rather than independently.

    Technical levels at $76,200 and $77,000 remain critical as traders balance constructive price trends against defensive derivatives positioning.

  • Netflix’s New Releases Coming in May 2026

    Netflix’s New Releases Coming in May 2026

    A double helping of Kevin Hart; Sacha Baron Cohen trying to break the glass ceiling in a world ruled by women; a harrowing retelling of a William Golding schoolboy allegory; Ronda Rousey taking on Gina Carano in fight for relevancy; a second season of Tina Fey’s buddy comedy; and everything football, fútbol, futebol and Fußball are among the new film and TV highlights to hit Netflix in May.

    No Star Wars on May 4, but Netflix will debut a must-watch limited series from Emmy-winning Adolesence writer-creator Jack Thorne. Lord of the Flies is the latest series adaptation of William Golding’s 1954 classic novel and launched on the BBC earlier this to rave reviews. Now the four-episode drama comes to Netflix and tells the story of a group of British schoolboys who crash land on a tropical island in the 1950s, and how they try to recreate a semblance of a society and order as they try to survive.

    May is a big month for Kevin Hart on Netflix, with the superstar comedian launching his new reality competition series Funny AF With Kevin Hart on May 5 and the hotly anticipated The Roast of Kevin Hart landing on May 10. Funny AF sees Hart and his famous comic buddies travel the U.S. to find the next big thing in standup, with the winner crowned via a real-time vote in a live event on the streamer. The Roast, hosted by Shane Gillis, airs live from The Kia Center and is part of the Netflix Is A Joke comedy festival.

    Arguably Netflix’s big live event for May is the much-talked-about fight between former MMA stars Ronda Rousey and Gina Carano that will air live from L.A. Intuit Dome on May 16. Purists may scoff, as both Rousey and Carano have not fought in years, but Netflix has never really seemed to be too interested in pleasing hardcore fights fans, opting for mass appeal for its combat sports events. Rousey v. Carano notably will be the streamer’s first live MMA event, and the undercard includes Nate Diaz v. Mike “Platinum” Perry and Francis Ngannou v. Philipe Lins.

    On May 22, Netflix launches its big movie of the month, with the Sacha Baron Cohen-starring Ladies First. Loosely inspired by the 2018 French film I Am Not an Easy Man, Ladies First tells the story of a ladies man who wakes up in an alternate world where women are the dominant sex. Not convinced? Perhaps the talent behind the film might convince you. The movie is directed by Thea Sharrock, and also stars a litany of British acting legends including Rosamund Pike, Richard E. Grant, Emily Mortimer, Charles Dance and Fiona Shaw.

    The second season of dramedy The Four Seasons arrives on May 28. As with season one, a group of old friends reunites for four new seasonal get-togethers, as they process a personal loss and embrace the regrets and reinventions of middle age. Created and starring Tina Fey, the core cast of Will Forte, Kerri Kenney-Silver, Marco Calvani, Erika Henningsen, Colman Domingo and Steve Carell all return.

    Netflix does not have the rights to the FIFA Men’s World Cup that set to take place in the U.S., Canada and Mexico this summer, but that’s not stopping the streamer for offering up a deluge of soccer content a month ahead of the big kick off on June 11. Netflix is leaning heavily on soccer documentaries and docuseries to get fans all hyped up, including a series of docs from the Untold UK series. Untold UK: Jamie Vardy (May 12) covers the fairytale story of the former Leicester City striker; Untold UK: Liverpool’s Miracle of Istanbul (May 19) tells the story of Liverpool’s incredible comeback to win the 2005 European Cup; and Untold UK: Vinnie Jones (May 26) tells the story of the tough guy actor’s even tougher career as a top level pro footballer. A must-watch for sports fans is The Bus: A French Football Mutiny (May 13), about the time the French men’s team went on strike during the 2010 World Cup. And there’s also a fascinating look at Brazil’s pursuit of a hat-trick of World Cups in Brazil ’70: The Third Star (May 29).

    Movies added to Netflix in May include 13 Going on 30, 48 Hrs., Airport, Airport ’77, Airport 1975, Bad News Bears, The Boss, The Breakfast Club, Burn After Reading, Den of Thieves, Domestic Disturbance, Eat Pray Love, Fried Green Tomatoes, Green Book, Hitch, Home, Jennifer’s Body, Jumanji, Jumping the Broom, The Land Before Time, Meet the Parents, Meet the Fockers, Little Fockers, National Lampoon’s Animal House, Ouija, Ouija: Origin of Evil, Pretty Woman, The Proposal, Schindler’s List, Starship Troopers, Trainwreck, Under the Skin, Veronica Mars, Waterworld,The Theory of Everything, Nope, Black Phone 2 and Dead Man’s Wire.

    Missed what came to Netflix last month? Check out the April additions here.

    Read on for the complete list of titles hitting Netflix in May.

    May 1

    Glory (IN)
    My Dearest Señorita (ES)
    Son-In-Law (MX)
    Swapped
    13 Going on 30
    48 Hrs.
    Airport
    Airport ’77
    Airport 1975
    Bad News Bears
    The Boss
    The Breakfast Club
    Burn After Reading
    Den of Thieves
    Domestic Disturbance
    Eat Pray Love
    Fried Green Tomatoes
    Green Book
    Hitch
    Home
    Jennifer’s Body
    Jumanji
    Jumping the Broom

    La Brea: Seasons 1-3
    The Land Before Time
    Meet the Parents
    Meet the Fockers
    Little Fockers
    National Lampoon’s Animal House
    Ouija
    Ouija: Origin of Evil
    Pretty Woman
    The Proposal
    Schindler’s List
    Starship Troopers
    Trainwreck
    Under the Skin
    Veronica Mars
    Waterworld

    May 4

    Dr. Seuss’s Horton!: Season 2
    Funny AF with Kevin Hart
    Lord of the Flies
    (available in th US only)

    May 5

    Funny AF with Kevin Hart

    May 6

    Countdown: Rousey vs. Carano
    Love is Blind Poland
    (PL)
    Worst Ex Ever: Season 2

    May 7

    The Chestnut Man: Hide and Seek (DK)
    Legends (GB)
    My Dearest Assassin (TH)
    USA 94: Brazil’s Return to Glory (BR)

    May 8

    My Royal Nemesis (KR)
    Remarkably Bright Creatures
    Thank You, Next
    : Season 3 (TR)

    May 10

    The Roast of Kevin Hart

    May 11

    Mrs. Harris Goes to Paris
    Pop Culture Jeopardy!

    May 12

    Devil May Cry: Season 2
    Marty, Life Is Short
    Untold UK: Jamie Vardy
    (GB)

    May 13

    Between Father and Son (MX)
    The Bus: A French Football Mutiny (FR)
    Perfect Match: Season 4
    Roosters: Season 2 (NL)

    May 14

    Nemesis
    Soul Mate
    (JP)

    May 15

    Berlin and the Lady with an Ermine (ES)
    The Crash (GB)
    The WONDERfools (KR)

    May 16

    Black Phone 2
    Ronda Rousey vs. Gina Carano

    May 18

    Abraham Lincoln: Season 1
    FDR: Season 1
    Grant: Season 1
    The Great War
    Law and Order
    : Season 23-24
    Navy SEALs: America’s Secret Warriors : Seasons 1-2
    Nope
    Theodore Roosevelt: Season 1
    Thomas Jefferson: Season 1
    Washington: Season 1

    May 19

    Untold UK: Liverpool’s Miracle of Istanbul (UK)
    Wanda Sykes: Legacy

    May 20

    Carizzma (AR)

    May 21

    The Boroughs
    James.
    (CO)

    May 22

    F1 Canada: Sprint Qualifying (CA)
    F1 Canadian Grand Prix: Practice 1 (CA)
    Gabby’s Dollhouse: The Movie
    Ladies First
    Mating Season

    May 23

    F1 Canadian Grand Prix: Qualifying (CA)
    F1 Canadian Grand Prix: Sprint (CA)

    May 24

    F1 Canadian Grand Prix: Race (CA)

    May 26

    Untold UK: Vinnie Jones (GB)

    May 27

    A Good Girl’s Guide to Murder: Season 2
    My 2 Cents (IT)
    Room to Move

    May 28

    Dead Man’s Wire
    The Four Seasons
    : Season 2
    Murder Mindfully: Season 2 (DE)

    May 29

    Brazil ’70: The Third Star (BR)
    Calabasas Confidential
    Rafa
    (ES)

    May 30

    K-Pops!

    May 31

    AFI Life Achievement Award: A Tribute to Eddie Murphy
    The Theory of Everything