Author: rb809rb

  • ‘Married at First Sight’ EP on Season 20’s Major Overhaul, Changing Out the Experts and Adding a Familiar Face

    ‘Married at First Sight’ EP on Season 20’s Major Overhaul, Changing Out the Experts and Adding a Familiar Face

    For longtime “Married at First Sight” viewers, Season 20 may feel a bit different. The new season, which debuts on July 12, is the first full season made for Peacock.

    The series, produced by Kinetic Content, aired Seasons 5-18 on Lifetime before moving to NBC’s streaming service in 19 — but that deal wasn’t completed until after the 19th season was filmed.

    “Season 19 was made for Lifetime. We edited it for Peacock, but we had already shot the show for Lifetime, so we had shot with a Lifetime lens on it,” says Chris Coelen, Kintetic founder and CEO. “This season, for the first time, is a true, full-scope Peacock season.”

    Going in, the team knew that meant a full overhaul for Season 20. Coelen is forever grateful to the long partnership with A&E, who “were the first ones to take a chance on the series.” But with the changes in the business and marketplace overall, it was time for a change. That brought along more freedom, without the time constraints of network television.

    It also meant, in a big shock to the fans, all new experts. Dr. Pepper Schwartz, Pastor Cal Roberson and Dr. Pia Holec exited after Season 19, with Paul C. Brunson and Dr. Lisa Paz coming in as the new experts to help each couple.

    “Every season, it’s an ongoing conversation about what’s working, what’s not working, and I think our experts have worked for a really long time. I just think the opportunity came across to look at two really exciting new experts,” the executive producer says. “It made sense for us, moving to a new platform, a new home, to be able to bring some new experts to the table. And we’re really excited about the people that we brought on board.”

    Over the last 20 seasons, there have been three or four experts at a time, but having two made sense with the new format, he says. “It felt a little less crowded and more focused, in terms of the ability for the experts to really develop a relationship with the participants in a different way.”

    This season, set in Seattle, also features couples who are a bit older, and in turn, maybe a bit more ready to get married.

    “I think it depends, partly, on the place,” says Coelen. “Different people are ready at different ages for a big commitment and the group of people that we have in this iteration felt like the right age that they were serious about marriage as a as a next step in their lives.”

    For the first time, “Married at First Sight” features a familiar face from the reality TV world. Nick Uhlenhuth has previously appeared on Netflix’s “The Circle” and “Perfect Match.” And at first, Coelen was hesitant about that, wanting to make sure that his intentions weren’t to be a reality TV star but to actually find his partner. Luckily, he had a real connection with Courteney Landis.

    “When you look at how he and Courteney align, it has nothing to do with any of that. The way that they match up across so many different qualities is really ideal,” says Coelen. “I don’t even know that we originally went out thinking, ‘Let’s find somebody from another show.’ Those are things that we all talk about, but I think getting to know his family, getting to see the relationship role models around him and the way they talked about him, all of that added up to feeling like he was a really good choice.”

    The first episode of “Married at First Sight” Season 20 is now streaming on Peacock.

  • ‘Evil Dead Burn’ Director Breaks Down His Brand of French Brutality, From Practical Effects and Real Fire to That Post-Credits Scene

    ‘Evil Dead Burn’ Director Breaks Down His Brand of French Brutality, From Practical Effects and Real Fire to That Post-Credits Scene

    SPOILER ALERT: This story contains major spoilers for “Evil Dead Burn,” now playing in theaters.

    Evil Dead Burn” breaks one of the fundamental rules of cinema: Don’t kill the dog.

    “If you don’t do that in ‘Evil Dead,’ in which movie do you do that? These are the most insane, wild and basically evil movies,” director Sébastien Vaniček tells Variety, while acknowledging that he knew audiences would hate the scene. “There’s no limit, I can’t have limits!”

    Of course, the dog comes back to life in a “badass” new form, as Vaniček says with a laugh, along with the rest of the humans that transform into evil Deadites after getting viciously slayed. But it’s just the beginning of Vaniček’s endlessly brutal film, which features everything from a woman getting impaled with a car seat headrest to pouring hot candle wax in her mouth.

    The latest installment in the long-running horror franchise, first created by Sam Raimi with his original 1981 classic, follows a family on the brink of carnage after Will (George Pullar) dies in a car accident. His wife Alice (Souheila Yacoub), who faced abuse from him while he was alive, is left grieving with the rest of the family as Deadites take over their souls one by one.

    Vaniček picks up where 2023’s “Evil Dead Rise” left off, but the film is only loosely connected to that movie and the 2013 series reboot “Evil Dead,” which collectively makes a loose trilogy. “Burn,” which was filmed primarily in New Zealand, marks French director Vaniček’s second feature after “Infested,” a much smaller-scale French film about a group of rapidly reproducing spiders invading an apartment.

    Unlike the last two “Evil Dead” installments, Vaniček told Raimi and producer Rob Tapert that he wasn’t as interested in gore or pouring buckets of blood on his actors: “When I see it in movies, I’m not disgusted. It doesn’t deter me too much because I know how much it’s fake. But when I see the teeth on the sidewalk in ‘American History X,’ that’s the moment I can’t watch the screen anymore.”

    Vaniček spoke with Variety about crafting the most brutal “Evil Dead” installment yet, how he pulled off some of the meanest kills and what that last post-credits scene could mean for the future of the franchise.

    Courtesy of Warner Bros. Pictures


    This new wave of “Evil Dead” movies features new characters and a new director at the helm. Coming off of “Infested,” what did you set out to bring to this long-running franchise?

    That’s mainly why I wanted to do it. Ghost House Pictures, Sam Raimi and his team told me that the movie would be 100% my style. As soon as I told them what I understood about “Evil Dead,” and that we understood we were on the same page, they just let me do the movie I had in mind. Regarding the style, violence, brutality and the type of violence, I had carte blanche.

    Did that creative freedom surprise you?

    Yeah! You take that really seriously, and you don’t want to disappoint them because that’s such a huge gift. You want them to be proud of the movie. Without this freedom, to be honest, I think I would have done another movie in France instead.

    The opening kill always sets the tone of these movies. How did you arrive at that lake scene as the perfect opener?

    The first thing was we wanted the audience to know where they are, and for those who have seen “Evil Dead Rise,” I want them to be like, “OK, I know where it’s starting.” That film left us with one Deadite in the wild, so I wanted to use that. Then regarding the story of those two fishermen, in about seven minutes, we are introducing the elements and style we will have throughout the whole movie — the editing, sound design, music, characters.

    What was your mindset behind crafting the kills, how much was done practically?

    Everything that could have been done practically was done practically. The only thing we couldn’t do practically was holes in faces, so that’s the only moment where we had makeup with green areas on faces. But even the final monster is done practically — we just added CGI on him to have those holes. I definitely wanted to keep George [Pullar’s performance], his eyes and his face, and what he was giving to Souheila. The fire was one of the big challenges because I didn’t want to have CGI fire, so we had fire on set all the time. That was really tricky to work with fire because you are lighting the whole scene with real fire. It was pretty long and intense, but in the end, the audience feels it when you do things for real on set versus when you are faking it.

    The dinner table with the family after they attend Will’s funeral stands out as one of the most tense scenes. The mother and father turn quite vicious on Alice. Can you break that down?

    That was one of the most challenging because I don’t have a fight, I don’t have action. You have to play with sound editing in order for this tension to rise. We spent a long time writing it first because we wanted to have the best lines and the best moments and to be sure that all our characters are understandable — we know where they are, where they want to go, what’s going on, who is who. It had to be really clear. That’s the first time they are all together, and this scene is such a turning point that all the stakes are really high. I storyboarded the whole scene; I knew which shot I needed when, I knew the editing by heart, which close-up when. We rehearsed a lot with the actors to be sure that they knew when to grab the glass, when to grab the corkscrew, when to watch this and do that because there were so many moments where they had to watch something, and they didn’t have lines — it was also a question of acting without lines. That’s one of the scenes I’m most proud of.

    The car scene, when Tia (Luciane Buchana) gets impaled with the car seat headrest, was also incredibly difficult to watch.

    The car fight was an important one to me because I love these kinds of scenes. Right after the dinner, I wanted a turning point scene — something really intense for the audience. To have a huge fight in such a small environment was something I wanted to try as a director. With my cowriter [Florent Bernard], we were just watching our cars and thinking, “What would we use if we were fighting tigers in our car?” Those kinds of crazy weapons just happened because we were thinking about the craziest way to fight something. The headrest was one of them. When I started to write, I drew Tia with the headrest in her head. And then you arrive in New Zealand with these amazing crews, and you tell them your crazy concept. We had to find a way for this headrest to stay in Luciane’s head. Again, to do everything practically is such a pleasure.

    The family dynamics really ground this film from the beginning. We have that moment where Joseph (Hunter Doohan) can’t shoot his father, who has turned into a Deadite.

    That’s the essence of “Evil Dead”: Would you be ready to kill people you love? That’s what happened to Ash in the first one; that’s what happened in Fede’s movie with the brother and the sister, and the same with the mother in “Rise.” That’s why the “Evil Dead” movies are still alive, because they are asking the most horrible question on Earth. The answer for Joseph is no, he’s not ready to kill his father. But that’s a big metaphor because his father and family are horrible and he is [still] not ready to do that. The really cool thing with “Evil Dead” is that you can explore metaphors in a physical way. If you are talking about an abusive husband, you will see that husband as a monster, and you will literally see a monster at some point. That’s the very cathartic thing about “Evil Dead” — all the questions that are raised, you see them in the image and the characters going through horrible situations. The audience is so involved in the story because they are asking themselves the same question. We wrote a realistic character, and I think most people wouldn’t be ready to do it. I completely understand the character; that’s such a horrible choice to make.

    The bathtub scene is also horrifying. You play with some unique camera work that disorients the audience.

    I wanted to have fun with the camera! These movies are made for that. I already started to do these kinds of things with “Infested” because I wanted people to remember some movements, shots and scenes — that’s how I am as an audience member. I definitely played with all the tools I had.

    Regarding the bathroom shots, there are two stunt doubles in the bathtub, and they both have two or three wires on them, with three or four people pulling the wires. That means you have 15 stuntmen behind the camera. That’s amazing teamwork to pull off this kind of shot.

    The film has two post-credit scenes, and we see a very familiar face in the last one with Ellie (Alyssa Sutherland), who viewers may be surprised to see after she was killed off in “Evil Dead Rise.”

    That’s the demand production had, and since they allowed me to do the movie I had in mind, they just gave me all the freedom I wanted. That’s the game — they wanted to have that one scene. I didn’t know what they wanted to do with it; I don’t know what they will do in the future; I don’t know what’s in the other movie and if she’ll be here or not.

    It really opens up the possibilities for this franchise. You never know who is truly gone!

    Yeah, I think audiences loved this character, and they want to see Ellie again. The studio understood that and made that possible. I can’t argue.

    Your writing incorporates quite a bit of dark humor, particularly with the grandmother, Polly (Maude Davey), who is revealed to have survived during the first post-credits scene.

    Maude’s way younger than the grandmother, but I had to cast someone who’s younger to do some of the movements and the stunts herself. Maude was 100% available for these kinds of things. She had five or six hours of makeup every day to become a 90-year-old grandmother, but her body moves fast. When she becomes a Deadite, she’s kind of an animal. I was able to capture amazing things with the body. The really interesting thing with Polly was, “What happens when Deadites take control of someone who’s ill, who’s gone already? What will they do with the body, what will they do with the brain?” Because Deadites are really smart creatures, they play with you. They want to torture you with not only the body but also the mind. The grandmother was such an interesting tool for us to explore different types of Deadites and manipulation.

    Is it true that Bruce Campbell makes a surprise cameo appearance?

    Fans will have to keep an eye open and they’ll see where he is.

    Where do you see yourself going after gaining this experience on a bigger-budget feature? Do you want to do another “Evil Dead” movie or something more independent in the vein of “Infested?”

    As soon as I have the freedom and the ability to write and direct my own stuff, I’m not against anything. I’m open to different franchises and studio movies and to do my own stuff. It was amazing to do something like “Evil Dead” and create something in a universe that people like because the playground is already here and amazing. I know what it is to work with the studio; I know it’s never 100% freedom, but at least to be sure that I’m able to do what I have in mind, people trust me, and we work hand in hand. I wouldn’t be able to direct a script I didn’t write, I would definitely have to put my hands in it.

    I don’t think I would write and direct another “Evil Dead.” The only one who can do two “Evil Dead” movies is Sam Raimi! It’s a franchise that needs a fresh vision and fresh directors all the time. Fans want to be surprised, and if we want to keep the franchise alive, we need those different visions.

    This interview has been edited and condensed.

  • ‘Love Island USA’ Season 8 Crowns Its Winners

    ‘Love Island USA’ Season 8 Crowns Its Winners

    SPOILER ALERT: This article contains spoilers for the Season 8 finale of “Love Island USA.”

    The public’s final vote for “Love Island USA” Season 8 decided on Bryce and Trinity as the winners of the reality dating series.

    Bryce and Trinity were joined in the final four by second place finishers Aniya and Carl, third place finishers Melanie and Sincere and fourth place finishers Kayda and Zach. Bryce and Trinity took home the $100,000 cash price.

    The pair were tight since the first coupling on the show, remaining steadfast over the course of the past month. Melanie and Sincere were also among the first couples paired up, after Sincere chose Melanie over Aniya, who initially showed interest in a connection during the premiere episode. Their connection became rocky during movie night, when it was revealed that Sincere was leading on both Melanie and Sol.

    Meanwhile, Kayda and Zach formed their connection early on in the season after Zach chose Kayda, who was introduced as one of the bombshells, over Kenzie. Aniya and Carl connected later on in the season after Casa Amor and quickly became fan favorites.

    As the show has only continued to grow in popularity, host Ariana Madix recently received her first Emmy nomination for hosting the Peacock program. Season 8’s premiere marked Peacock’s most-watched TV debut ever, totaling 3.7 million views, according to first-party data from NBCUniversal.

    This season wasn’t without controversy, as two islanders were kicked out after racist videos of them saying the n-word resurfaced online. In Season 7, two contestants were also kicked out of the villa after using racial slurs.

    Madix will return to host a “Love Island” Season 8 reunion on Aug. 31 at 6 p.m. PT/9 p.m. ET. The series is produced by ITV America in association with Lifted Entertainment and WPP Media’s Motion Entertainment.

  • Elephant who fell into abandoned well rescued with excavator

    Elephant who fell into abandoned well rescued with excavator

    Video grab as an elephant was rescued after falling into an abandoned well and becoming stuck for over 10 hours. // A 15-year-old elephant was found trapped in an abandoned well in Ernakulam, in southern India's Kerala on July 7.According to reports, the wild tusker accidentally fell into an abandoned unwalled well near the residence of local resident Thattayath Aliyar, away from the forest boundary.Forest officials worked to rescue the animal using an excavator to create a mud ramp for its safe escape after several hours. Photo released 08/07/2026
    The elephant fell into the unmanned well earlier this week (Picture: Newslions / SWNS)

    A 15-year-old elephant was trapped for 10 hours in an abandoned well before it was rescued.

    The animal fell into a well in Ernakulam, in the southern Indian state of Kerala, on Tuesday at around 2.00am. According to the reports, the well didn’t have a wall, and was located near the home of doctor Thattayath Aliyar.

    Forest officials rescued the elephant using an excavator, creating a mud ramp so it could safely escape.

    Witnesses say the elephant struggled at first to climb out from the muddy water, but eventually managed to break free and return to the forest.

    Forest department personnel were initially prepared to begin rescue operations in the early morning, but residents protested, demanding that the elephant be permanently relocated away from human habitation.

    Video grab as an elephant was rescued after falling into an abandoned well and becoming stuck for over 10 hours. // A 15-year-old elephant was found trapped in an abandoned well in Ernakulam, in southern India's Kerala on July 7.According to reports, the wild tusker accidentally fell into an abandoned unwalled well near the residence of local resident Thattayath Aliyar, away from the forest boundary.Forest officials worked to rescue the animal using an excavator to create a mud ramp for its safe escape after several hours. Photo released 08/07/2026
    Villagers had their doubts about the rescue (Picture: Newslions / SWNS)

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    Video grab as an elephant was rescued after falling into an abandoned well and becoming stuck for over 10 hours. // A 15-year-old elephant was found trapped in an abandoned well in Ernakulam, in southern India's Kerala on July 7.According to reports, the wild tusker accidentally fell into an abandoned unwalled well near the residence of local resident Thattayath Aliyar, away from the forest boundary.Forest officials worked to rescue the animal using an excavator to create a mud ramp for its safe escape after several hours. Photo released 08/07/2026
    The elephant fell at around 2am (Picture: Newslions / SWNS)

    After a meeting, the area’s divisional forest officer, P. Karhik, assured villagers the elephant would be kept under 24-hour surveillance using drones and forest patrol teams upon release and would be captured if it were to stray into human areas again. 

    Authorities also said they would compensate the homeowner for damages and install an electric fence in the region. Only after these demands were met did the rescue operation begin, around noon. 

    Forest officials say that the top of the elephant’s trunk was damaged as part of an old wound. The injury restricts the elephant’s ability to forage for food and water, explaining why it frequently wanders into residential areas to find easily accessible sustenance. 

  • Man who’s spent 28 years walking from Chile to Hull stopped from swimming English Channel home

    Man who’s spent 28 years walking from Chile to Hull stopped from swimming English Channel home

    Karl Bushby has been travelling the world on foot for nearly 30 years (Picture: Karl Bushby / SWNS)

    A former paratrooper who has spent nearly 30 years walking home to Hull from South America may be prevented for a second time after he was prevented from swimming across the English Channel.

    Karl Bushby – who is travelling the world without using cars, trains, buses or planes – may not be able to make the final crossing to the UK from France, as French authorities only allow people to swim in the other direction.

    Karl, 57, said: ‘We are talking with the French coastguard.’

    Bushby set off from Chile in 1998 and has reached Belgium.
    He is now nearing the final stages of his journey back to his hometown.

    But crossing the Channel has proven a challenge more than once after Eurotunnel bosses refused his request to walk through it in June.

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    Karl in Chile in 1999, shortly after he started his epic journey (Picture: Karl Bushby / SWNS)

    This left him with no option but to swim, in line with the terms of his challenge, which say he cannot use any form of transport to travel.

    Bushby still hopes that authorities might let him use the Eurotunnel. In the meantime, he is hoping he can find a way to swim the 21-mile distance in just a few months.

    We have secured a support boat for October’, he said. ‘That’s a big thing. I would expect it to take two or three days to swim across to the UK.’

    Karl is currently in Mexico, where he takes breaks between stages of his challenge to meet visa regulations and to plan routes. On occasion, he visits the US, where his sponsors are based. 

    ‘I will be back in Belgium in early September,’ he said. ‘Towards the end of that month, I expect to be in France, preparing for the swim.

    ‘I am not angry it has come to this. I am more disappointed. But things could still change. Walking through the service tunnel is still the preferred option.’

    Karl Bushby on his walk while in Alaska, USA, 2005.
    Karl has crossed all terrains and has even been detained along his route (Picture: Karl Bushby / SWNS)

    Karl is no stranger to traversing vast bodies of water. 

    In 2006, he became the first Brit to walk across the Bering Strait, a 58-mile stretch of frozen sea linking North America and Russia

    Then, in 2024, he swam more than 170 miles over 31 days across the Caspian Sea from Kazakhstan to Azerbaijan to avoid conflict zones in Russia and Iran.

    Despite this, Karl isn’t a fan of this method of getting around.

    ‘I’m just not into the swim thing,’ he said previously. 

    ‘I’ve had to do a couple of swims here and there. […] [The English Channel] is a different stretch of water; it’s colder, we’ll see. Hopefully, I’ll never have to think about it.’

    Where has Karl been so far?

    Karl Bushby on his walk - Panama, 2001. // A Brit nearing the end of a round-the-world walk faces swimming across the English Channel after he was told he can?t use the Channel Tunnel.Former paratrooper Karl Bushby, 57, has spent the last 27 years trekking across the globe ? after setting off from Chile in 1998, with the aim of returning to Hull.But despite overcoming hurdles ? including the infamous Darien Gap, being arrested in Russia, and having to swim through the Caspian Sea to avoid Iran ? Mr Bushby now faces his final: the English Channel.GetLink, the operators of the tunnel, have denied his formal request to walk through the 31-mile long service tunnel ? saying it would pose a safety risk. Photo released 18/06/2026
    Karl in Panama in 2001 (Picture: Karl Bushby / SWNS)

    Karl began the challenge after sketching a rough path on a map when he was in the army. He showed the plan to fellow soldiers who told him it could not be done.

    This made him all the more determined, and he set himself two rules: to never use transport, and to not return to the UK until he had completed the journey.

    Karl set off on his 36,000-mile journey from Punta Arenas, Chile, in 1998, thinking it would take him 12 years.

    But in the three decades since, he has been met with several setbacks that have lengthened his adventure.

    He has had to evade bandits in the notoriously dangerous Darien Gap and has been detained by Russian officials for illegally entering the country.

    He also spent 18 days in prison in Panama for entering without a visa before continuing his journey through Mexico and the US, where he overstayed his visa and had to fly back to Colombia to wait for a new one.

    In 2003, as he was preparing to cross the border into Canada, his trailer was stolen and he was forced to wait another month for the items in it to be replaced.

    Karl Bushby on his walk - Bering Strait crossing, 2006. // A Brit nearing the end of a round-the-world walk faces swimming across the English Channel after he was told he can???t use the Channel Tunnel.Former paratrooper Karl Bushby, 57, has spent the last 27 years trekking across the globe ??? after setting off from Chile in 1998, with the aim of returning to Hull.But despite overcoming hurdles ??? including the infamous Darien Gap, being arrested in Russia, and having to swim through the Caspian Sea to avoid Iran ??? Mr Bushby now faces his final: the English Channel.GetLink, the operators of the tunnel, have denied his formal request to walk through the 31-mile long service tunnel ??? saying it would pose a safety risk. Photo released 18/06/2026
    Karl crossed the Baring Strait in 2006 (Picture: Karl Bushby / SWNS)

    His trailer was stolen on New Year’s Day 2003, a day before he was due to cross into Canada while visiting a bar. Another month passed while he replaced his lost items.

    Despite this – and many other issues he encountered along the way – he reached Armenia last June, before travelling through Turkey, Bulgaria, Romania, Hungary, Austria, Slovakia and, after stopping off in Mexico to sort his Schengen visa out, traversed Europe where he is now hoping to find a way to cross his final sea.

    Once he is back on UK shores, Karl will walk to Hull, where the journey will end at his childhood home.

    The French Maritime Rescue Coordination Centre referenced a 2018 ‘prefectural order’ confirming the restriction on Karl’s swim.

    It said it has referred Karl’s support team to the Channel and North Sea Maritime Prefecture.

  • It’s coming phone! England’s spectacular victory over Mexico sparks huge surge in mobile use 

    It’s coming phone! England’s spectacular victory over Mexico sparks huge surge in mobile use 

    Close Overlay

    In The Mixer’s World Cup special

    Everything you need to know about the World Cup – England updates, the games to watch and stories you missed – in five minutes, at 1pm, every day.

  • Why Zcash’s Orchard flaw puts pre-disclosure trading under the spotlight

    Why Zcash’s Orchard flaw puts pre-disclosure trading under the spotlight

    Developers recently revealed that a four-year-long vulnerability in Orchard may have enabled unlimited counterfeit Zcash [$ZEC] until an emergency patch was issued. However, fresh market data has raised further questions regarding events before the discovery.

    Allium Labs, after reviewing trade history, identified unusual trading activity. On the 26th of May, $ZEC’s trading volume surged 12–13 times above its average. Researchers privately uncovered the defect three days later, on the 29th of May.

    Source: Allium Research

    While researchers were identifying the defect, $ZEC declined from approximately $660 down to $530, indicating increasing selling pressure. The developers disabled Orchard on the 2nd of June and issued a patch on the 3rd of June, yet confidence continued fading.

    By the 5th of June, $ZEC had fallen by 64 percent from $685 to $247 with hourly trading at $560 million.

    Early positioning fuels market suspicion

    The uncertainty in the aftermath of this issue also led to further review of which parties were actively trading in the market ahead of the issue becoming apparent. Allium found that traders opened the most profitable positions on the 25th and 26th of May.

    This occurred days before the private discovery of the Orchard flaw. More importantly, traders opened these large positions before researchers privately disclosed the flaw on the 29th of May. Notably, the largest wallet had a short position worth $34.5 million and, as a result, made approximately $998,000 in profits.

    Source: Allium Research

    A second short position worth $17.7 million accrued profits of approximately $724,000. These high profits raised questions about whether traders anticipated the sell‑off.

    However, the data does not provide sufficient evidence to prove such claims. In futures markets, all shorts are offset by an equal number of longs. Therefore, simply showing profitable positions is insufficient to establish that those positions existed due to prior knowledge.

    That balance became evident when the largest $91.5 million long position ultimately lost $6.97 million. Meanwhile, Zcash’s privacy model prevents anyone from verifying whether the flaw was ever exploited. This left markets to price on probabilities instead of certainty and kept confidence fragile despite the completed patch.


    Final Summary

    • Allium Labs flagged unusual $ZEC trading before the Orchard flaw discovery, fueling suspicion of informed positioning.
    • Profitable shorts raised questions, but lack of evidence and Zcash privacy kept confidence fragile.
  • Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals

    Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals

    Ripple Considered Closing After SEC Lawsuit Put Company at Risk

    Ripple CEO Brad Garlinghouse revealed that the company considered shutting down after the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple and named him and co-founder Chris Larsen in 2020 over $XRP sales. The decision became one of the most difficult moments of his leadership, with the company weighing whether continuing the legal fight was worth the financial and operational risks.

    Garlinghouse said during a KU Hustle podcast interview at the University of Kansas School of Business, published on July 8:

    “We almost decided to shut down the company when the SEC sued us … The company owns a lot of $XRP … We could have shut it down and … just distribute the $XRP to shareholders on a pro rata basis.

    The SEC lawsuit centered on the regulator’s claim that $XRP sales involved unregistered securities. Garlinghouse disputed that position, comparing the crypto token more closely to bitcoin, which he described as a separate digital asset operating on an open network.

    Ripple’s Legal Fight Ended After SEC Appeal Withdrawal and Final Judgment

    Garlinghouse said Ripple spent $150 million on legal bills during the four-year dispute with the SEC, while its U.S. business remained largely stagnant for about five years after the lawsuit began. He said the case created prolonged uncertainty around Ripple’s ability to operate in the domestic market.

    The legal battle began in 2020 when the SEC alleged Ripple sold $1.3 billion of $XRP as an unregistered security. In 2023, U.S. District Judge Analisa Torres issued a mixed ruling, finding that $XRP sales on public exchanges were not securities transactions, while sales to institutional investors were treated differently under securities law.

    Ripple was later ordered to pay a $125 million civil penalty and accept an injunction related to securities law compliance. Both Ripple and the SEC filed appeals challenging different aspects of the ruling before agreeing to dismiss those filings. The case formally concluded in August 2025 after the appeals were withdrawn and the court process ended.

    The regulatory environment surrounding cryptocurrency also changed after SEC leadership shifted under Chairman Paul Atkins and the Trump administration. The agency moved away from a more aggressive regulation-by-enforcement approach toward deregulation, greater engagement with the crypto industry, and a focus on traditional fraud cases rather than broad corporate penalties.

    Garlinghouse said that before the SEC filed its lawsuit, he met with SEC officials four times between 2017 and 2019 to explain how Ripple used blockchain technology and $XRP in its payment system. He said regulators did not indicate during those meetings that $XRP could be considered a security.

    Ripple Continued Operations After Weighing Shutdown Option

    The Ripple chief executive described how the company could have responded to the SEC lawsuit, outlining a scenario in which Ripple might have exited the dispute by distributing its $XRP holdings and dissolving the company.

    “You guys think these are securities. Ripple doesn’t own it anymore. Ripple’s gone now,” he said, describing a hypothetical scenario rather than an action the company took, outlining how Ripple could have responded to the SEC.

    He added that such a move would have come at a high cost to employees and the company’s future, stating:

    “Hundreds of people would have lost their jobs. I think that was a bad outcome, but in some ways it was the easier outcome.”

    After deciding not to shut down, Garlinghouse said the choice to continue operating was not clear at the time. “That was a difficult decision, and obviously I’m glad in retrospect, but that was not obvious at the time,” he stated. Ripple chose to continue operating after weighing the impact on employees and the business.

  • Bitcoin ETFs draw $197M, snap 8-week outflow streak

    Bitcoin ETFs draw $197M, snap 8-week outflow streak

    US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.

    Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF.

    The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, one analyst said it’s too early to tell with ETF and stablecoin outflows and seasonality in August and September.

    “There’s also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half,” 10x Research founder and CEO Markus Thielen told Cointelegraph.

    “Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin’s 9%+ jump, the headwinds remain in our view.”

    The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11.

    Total spot Bitcoin ETF net inflow. Source: SoSoValue

    Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing.

    “I think we’re getting through most of the bear market action. It’s still not over, clearly. But you know, I think we’re approaching at least the second half,” Coutts said.

    Other analysts say there could be further downsides ahead.

    Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year.

    Ether ETFs also break outflow streak

    Meanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds.

    The inflows paled in comparison with the $1.2 billion in net outflows since May 11.

  • US launches more strikes on Iran as Strait of Hormuz standoff deepens

    US launches more strikes on Iran as Strait of Hormuz standoff deepens

    NewsFeed

    The US has launched a new wave of strikes on Iran targeting what it says is Tehran’s ability to threaten shipping in the Strait of Hormuz. US President Donald Trump has declared the waterway open while Iran insists it is closed leading to a further escalation of attacks, as Heidi Zhou Castro reports from Washington DC.