Author: rb809rb

  • Litecoin Rewrites Transaction History After Exploit, Apologizes for Social Posts

    Litecoin Rewrites Transaction History After Exploit, Apologizes for Social Posts

    In brief

    • Litecoin was affected by a bug this weekend that allowed an attacker to transfer digital assets to a decentralized exchange.
    • The digital asset’s official X account said the attack relied on a zero-day bug, and later apologized for flippant posts on the exploit.
    • Aurora Labs CEO Alex Shevchenko estimated that one multi-chain protocol, NEAR Intents, risked $600,000 in potential exposure.

    Litecoin was affected by a bug this weekend that allowed an attacker to transfer digital assets to a decentralized exchange, prompting the network to undergo a so-called reorganization to prevent someone from cashing in on crypto’s latest vulnerability.

    The process, also known as a “reorg,” effectively purged faulty transactions from the network, which stemmed from a security flaw in Litecoin’s MimbleWimble Extension Block (MWEB) privacy layer, the digital asset’s official X account said in a post on Saturday.

    With Litecoin blocks produced every 2.5 minutes on average, a 13-block reorg essentially rewrote around 30 minutes of the network’s transaction history. Eventually, entities mining Litecoin adopted a version of the asset’s blockchain where the bug was never exploited.

    Although the attacker was ultimately stifled, they had taken advantage of what Litecoin’s team said was a previously unknown vulnerability that allowed them to “peg out” coins from MWEB. At the same time, the bug allowed the bad actor to disrupt mining pools through a denial-of-service attack.

    Litecoin acknowledged in an X post on Monday that it had deleted communications that followed the reorg, apologizing for trying to be humorous. Opt-in privacy features associated with MWEB, a “Harry Potter” reference, were first proposed in 2019.

    In a since-deleted X post, Litecoin said that the network’s plumbing “was working throughout the entire process,” and reorgs naturally purge faulty transactions, effectively sending them “through the poop shoot [sic] like they were never there.”

    The comparison didn’t land with Taylor Monahan, an on-chain sleuth and noted security expert, who warned in an X post that crypto projects should not strike a sanguine tone when unpacking technical issues that ultimately put users’ money on the line.

    Litecoin’s X account, at times, has elbowed other networks for facing technical hurdles. When Solana suffered from network congestion and degraded performance in January 2025, for example, Litecoin called Solana “literally the pimple on crypto’s ass.”

    Aurora Labs CEO Alex Shevchenko speculated in an X post that the attack was coordinated, while noting in a separate post that NEAR Intents, a multi-chain protocol, had around $600,000 in potential exposure. He later questioned whether the bug had truly gone undetected because some miners were running software where the vulnerability had already been patched.

    Reorgs are possible on proof-of-work networks like Bitcoin, and the longest one that the asset’s network underwent rolled back 53 blocks in 2010, according to Bitcoin Magazine. At the time, a faulty transaction created 184 billion Bitcoin, which were later wiped away.

    At a total value of $4.2 billion, Litecoin stood as the 25th largest cryptocurrency by market cap on Monday, according to CoinGecko. The digital asset’s price peaked around $410 nearly five years ago, while recently changing hands around $55.35—down about 1% over the last 24 hours.

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  • Crypto Exchange Gemini Launches Agentic Trading Feature for AI Agents

    Crypto Exchange Gemini Launches Agentic Trading Feature for AI Agents

    In brief

    • Gemini launched Agentic Trading, the first AI agent trading tool available directly through a regulated U.S.-based exchange.
    • Users can connect Claude, ChatGPT, and other AI models to automate strategies from simple orders to complex multi-leg trades.
    • Pre-built Trading Skills modules enable market data retrieval, spread analysis, and historical data access.

    Crypto exchange Gemini has launched Agentic Trading, marking the first time a regulated U.S. exchange has offered direct AI agent integration for automated trading.

    The platform operates through the Model Context Protocol (MCP), an open standard that provides AI agents with direct API access to execute actions on behalf of users. Gemini integrated its entire trading API with MCP, enabling AI models to access all exchange features.

    The system includes modular Trading Skills, or pre-built functions that AI agents call to perform specific tasks. The exchange launched with three initial modules: Get Market Data for real-time price information, Find the Spread for bid-ask analysis, and Retrieve Candles for historical price data.

    Traders can connect any MCP-compatible AI model, including Anthropic’s Claude and OpenAI’s ChatGPT, to execute strategies ranging from basic buy and sell orders to complex multi-leg positions. The exchange positioned the launch as part of a broader transformation in financial market interaction.

    “We believe we’re at the beginning of a fundamental shift in how people interact with financial markets,” Gemini wrote in a blog post. “Agentic trading isn’t just a feature. It’s a new paradigm where AI handles the execution, patterns, and discipline, while you focus on strategy and goals.”

    In February, Gemini said that it would slash 25% of its workforce as it streamlined operations, abandoning its businesses in the European Union, United Kingdom, and Australia to sharpen its focus on the United States. The exchange said it would boost its use of AI to become more efficient with a smaller team.

    Gemini’s stock is up slightly on the day, rising about 0.25% since the opening bell to recently trade at $4.40. While up about 7% in the last month, GEMI shares have fallen more than 55% since the start of the year.

    Other protocols are building similar bridges between AI and crypto infrastructure. The x402 protocol, incubated by Coinbase and now under the Linux Foundation, provides AI bots access to crypto wallets and tools. Meanwhile, the Machine Payments Protocol—developed by the Stripe-backed Tempo network—enables automated machine-to-machine payments.

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  • Solana Whale Unstakes $26.1M in SOL, Deposits to Binance—Sell-Off Fears Emerge

    Solana Whale Unstakes $26.1M in SOL, Deposits to Binance—Sell-Off Fears Emerge

    A dormant Solana whale has resurfaced after ten months of inactivity. Onchain Lens reports that the anonymous address unstaked and deposited 300,439 $SOL to Binance about an hour ago. The deposit, valued at approximately $26.07 million, signals a potential sell-off. This move has sparked fresh concerns among traders and analysts.

    Solana Whale Deposit Sparks Market Jitters

    Deposits to exchanges often precede selling activity. This Solana whale’s action is no exception. The address had remained dormant for nearly a year. Its sudden movement suggests a strategic decision to liquidate a portion of its holdings. The timing coincides with a period of relative price stability for $SOL. However, large sell orders can create downward pressure.

    According to on-chain data, the whale initially unstaked the $SOL tokens before transferring them to Binance. Unstaking itself is a multi-step process. It involves withdrawing tokens from a staking contract, which can take several days. The final deposit to Binance marks the completion of this process.

    Impact on Solana Price and Market Sentiment

    The immediate market reaction has been muted. $SOL’s price remains near its current trading range. However, the psychological impact is significant. Whales hold large amounts of cryptocurrency. Their actions are closely watched by retail and institutional investors alike. A large deposit to an exchange can trigger a wave of selling by smaller holders.

    Data from CoinMarketCap shows $SOL trading at $86.70 at the time of writing. This represents a 2% decline over the past 24 hours. The broader crypto market is also experiencing slight losses. Bitcoin is down 1.5%, while Ethereum has fallen 1.8%. This correlation suggests that the whale’s move may be part of a broader market sentiment shift.

    Understanding Whale Behavior and On-Chain Signals

    Whale activity is a key metric for cryptocurrency traders. On-chain analytics platforms like Onchain Lens track these movements in real time. They provide valuable insights into market dynamics. A deposit to an exchange is typically interpreted as a bearish signal. It indicates that the holder intends to sell. Conversely, withdrawals from exchanges are seen as bullish. They suggest accumulation and long-term holding.

    The Solana whale in question had been staking its tokens. Staking involves locking up coins to support network operations. In return, stakers earn rewards. Unstaking and moving tokens to an exchange breaks this cycle. It suggests a shift from a passive income strategy to an active trading one.

    Data from Staking Rewards shows that Solana has a staking participation rate of 71%. This is high compared to other proof-of-stake networks. A large whale exiting the staking pool can slightly reduce network security. However, the impact is usually temporary.

    Previous Whale Activity and Market Reactions

    This is not the first time a Solana whale has moved large amounts. In January 2024, a similar deposit of 500,000 $SOL to Coinbase preceded a 5% price drop. In March 2024, a whale withdrew 200,000 $SOL from Binance, and the price rose 8% over the following week. These patterns highlight the influence of large holders on market dynamics.

    Analysts at Glassnode note that whale deposits often cluster around price tops. They recommend monitoring exchange inflow volumes as a leading indicator. Current data shows a spike in $SOL exchange inflows over the past hour. This aligns with the whale’s deposit.

    Technical Analysis and Support Levels for $SOL

    From a technical perspective, $SOL faces key support at $80. A break below this level could trigger further selling. The next major support is at $72. Resistance sits at $92 and $100. The whale’s deposit adds selling pressure near the current price. This makes a move toward $80 more likely.

    Trading volume has increased by 15% in the last hour. This suggests heightened activity. The Relative Strength Index (RSI) is at 48, indicating neutral territory. Neither overbought nor oversold conditions exist. This leaves room for either direction.

    Market Makers and Liquidity Considerations

    Binance is the world’s largest cryptocurrency exchange by volume. It has deep liquidity. This means a $26 million sell order can be absorbed without causing a major price disruption. However, if the whale uses a market order, it could temporarily move the price. Limit orders allow for more controlled selling.

    Order book data from Binance shows buy support at $85.50 and $84.00. These levels may act as temporary floors. The whale’s strategy will determine the final impact.

    Broader Implications for the Solana Ecosystem

    Solana has faced several challenges in recent months. Network outages and congestion issues have affected user confidence. However, the ecosystem continues to grow. DeFi protocols on Solana hold over $3 billion in total value locked (TVL). NFT trading volumes remain strong.

    The whale’s decision to sell may be unrelated to network issues. It could be a portfolio rebalancing move. Alternatively, it might reflect a bearish outlook on the broader market. Without knowing the whale’s identity, we can only speculate.

    Institutional interest in Solana remains high. Several asset managers have filed for Solana-based ETFs. A sell-off by a single whale does not negate this long-term trend.

    Expert Opinions and Market Commentary

    Analysts at Delphi Digital suggest that whale deposits should be viewed in context. They note that large holders often move funds for operational reasons. This includes collateral management for loans or over-the-counter (OTC) trades. Not all deposits lead to immediate selling.

    However, the consensus among on-chain analysts is cautious. They advise traders to watch for further deposits from the same address. If additional $SOL moves to Binance, it could confirm a larger sell-off plan.

    Conclusion

    The Solana whale’s deposit of $26.1 million in $SOL to Binance is a significant event. It signals a potential sell-off after ten months of dormancy. While the immediate price impact has been limited, the psychological effect is clear. Traders should monitor on-chain data for further movements. The Solana ecosystem remains robust, but whale activity can create short-term volatility. Understanding these signals is crucial for navigating the cryptocurrency market.

    FAQs

    Q1: What is a Solana whale?
    A Solana whale is an individual or entity holding a large amount of $SOL tokens. Their transactions can influence market prices.

    Q2: Why did the whale deposit $SOL to Binance?
    Depositing to an exchange typically signals an intention to sell. The whale may be taking profits or rebalancing their portfolio.

    Q3: How does this affect $SOL’s price?
    A large sell order can create downward pressure. However, Binance’s liquidity may absorb the sale without a major price drop.

    Q4: Should I sell my $SOL?
    This article does not provide financial advice. Each investor should conduct their own research and consider their risk tolerance.

    Q5: How can I track whale activity?
    Platforms like Onchain Lens, Whale Alert, and Glassnode provide real-time alerts for large cryptocurrency transactions.

  • XRP Donation: 79-Year-Old Philanthropist Gives 100,000 XRP to South Korean Charity in Record Crypto Gift

    A 79-year-old South Korean philanthropist, Kim Geo-seok, has made headlines with a significant $XRP donation. He donated 100,000 $XRP to the Seoul branch of the Community Chest of Korea. This act of crypto philanthropy continues his pattern of generous digital asset gifts.

    $XRP Donation Details and Impact

    Kim Geo-seok transferred 100,000 $XRP on April 24. The donation is worth approximately 200 million won, or about $145,000. The Community Chest of Korea confirmed the transfer. It plans to liquidate the assets quickly. The funds will support vulnerable local communities. This $XRP donation is one of the largest single crypto gifts in South Korea this year.

    Philanthropists increasingly use cryptocurrencies for charitable giving. $XRP offers fast transaction speeds and low fees. This makes it ideal for cross-border donations. The organization will convert the $XRP to fiat currency. It will then distribute the funds to support programs for the elderly, disabled, and low-income families.

    Kim Geo-seok’s History of Crypto Philanthropy

    This is not Kim Geo-seok’s first crypto donation. In August last year, he donated one Bitcoin. That was a first in South Korea at the time. He also gave 100,000 $XRP to Seoul National University Hospital in March. His consistent use of digital assets shows a growing trend. Wealthy individuals are using cryptocurrencies for social good.

    His donations highlight the potential of blockchain technology. It enables transparent and traceable charitable transactions. The $XRP donation to the hospital helped fund medical research. The latest gift targets community welfare. Each donation is carefully timed and planned.

    Why Cryptocurrency Donations Are Rising

    Cryptocurrency donations offer several advantages. They provide tax benefits for donors in many jurisdictions. They also reduce transaction costs compared to traditional banking. For charities, crypto gifts can be quickly liquidated. This ensures funds reach beneficiaries faster.

    South Korea has a vibrant crypto culture. Many citizens own digital assets. This makes the country a hotspot for crypto philanthropy. The government also supports blockchain innovation. This creates a favorable environment for such donations. Kim Geo-seok’s actions may inspire others to follow suit.

    Community Chest of Korea’s Role

    The Community Chest of Korea is a major charity organization. It operates nationwide to support vulnerable groups. The Seoul branch manages local welfare programs. It works with community centers and social services. The $XRP donation will fund food, housing, and healthcare initiatives.

    The organization has experience handling crypto donations. It has clear policies for liquidating digital assets. It uses reputable exchanges to convert crypto to cash. This ensures compliance with financial regulations. The charity also provides receipts for tax purposes.

    Broader Implications for Crypto Charity

    This $XRP donation sets a precedent. It shows that cryptocurrencies can play a role in mainstream philanthropy. Other charities may now accept digital assets. This could increase the volume of crypto donations globally. It also builds trust in blockchain technology.

    Regulators are watching these developments. They want to ensure transparency in crypto transactions. South Korea has strict anti-money laundering laws. Donors must verify their identity. Charities must report large transactions. This balance between innovation and regulation is crucial.

    Conclusion

    Kim Geo-seok’s 100,000 $XRP donation to a South Korean charity is a landmark event. It underscores the growing acceptance of cryptocurrencies in philanthropy. The gift will directly benefit vulnerable communities. It also highlights the potential of digital assets for social impact. As more donors adopt crypto, charities must adapt. This $XRP donation is a powerful example of how technology can drive positive change.

    FAQs

    Q1: What is the value of the 100,000 $XRP donation?
    The donation is worth approximately 200 million won, or about $145,000, based on current market rates.

    Q2: Who is Kim Geo-seok?
    Kim Geo-seok is a 79-year-old South Korean philanthropist known for his generous crypto donations, including Bitcoin and $XRP.

    Q3: How will the charity use the $XRP donation?
    The Community Chest of Korea will liquidate the $XRP and use the funds to support programs for vulnerable local communities.

    Q4: Why are crypto donations becoming popular in South Korea?
    South Korea has a high rate of crypto ownership, favorable regulations, and tax benefits for donors, making it a hub for crypto philanthropy.

    Q5: Is this the first time Kim Geo-seok donated $XRP?
    No, he also donated 100,000 $XRP to Seoul National University Hospital in March 2023, in addition to a Bitcoin donation in August 2022.

  • Taylor Swift Is Filing for Trademarks to Combat AI Misuse. Will It Work?

    Taylor Swift is looking to add to her portfolio of trademarks, a legal move that appears to be aimed at pushing back against unauthorized artificial intelligence productions.

    Two of the trademark applications, filed on Friday, seek protection of her voice. They feature clips of her saying “Hey, it’s Taylor Swift” and “Hey, it’s Taylor.” A third, meant to combat AI images created on the internet using AI, features a photograph of the singer holding a pink guitar, with a black strap and wearing a multi-colored bodysuit with silver boots.

    The trademarks represent a new avenue celebrities are pursuing to challenge AI companies and users simulating their likenesses and voices without permission. Earlier this year, Matthew McConaughey had several trademark applications approved, including audio of him saying “Alright, alright, alright,” his iconic line from the movie Dazed and Confused and another that shows him standing on a porch.

    A patchwork of right of publicity laws are meant to protect celebrities from having their brands stolen to advertise products. Several states, however, don’t maintain such laws, making enforcement difficult.

    With the trademarks, Swift and McConaughey likely hope that the specter of federal lawsuits will deter misuse. For Swift, she can hypothetically argue that AI creations using her voice and image violate her intellectual property rights.

    Still, the theory remains untested. Although trademarks protect against similar reproductions that can confuse consumers, they’re not meant to be utilized as a catch-all protecting every feature of a performer’s brand.

    “I don’t believe it will be very effective, except for in rare circumstances,” says Matthew Asbell, an intellectual property lawyer at Lippes Mathias. “The voice trademarks are particularly limited to what Taylor is actually staying: ‘Hey, it’s Taylor’ or ‘Hey, it’s Taylor Swift.’”

    The upshot: the phrase featured in Swift’s trademark bid is more important than the singer’s voice. “So, unless another party uses [her] voice to say the same thing or something very similar, it should be difficult to use these trademarks to enforce against them,” Asbell adds.

    The same problem applies to Swift’s application covering her photograph. Any infringing reproduction would have to utilize a similar image for the trademark, if it’s granted, to have much use.

    There’s also the issue of whether the phrase, “Hey, it’s Taylor,” is well-known enough to rise to the level of protection. The singer is megafamous, but the line doesn’t appear to be.

    Last year, an AI-generated version of Swift’s “The Fate of Ophelia,” entered Spotify’s Top 50 chart in Brazil before being removed. The track used AI to blend Swift’s voice with synthetic audio modeled after top Brazilian singers. Even if Swift is granted her most recent trademarks, there are few avenues for creators to challenge AI reproductions across borders.

  • Tim Heidecker and Onion Chief Ben Collins on Their Infowars Takeover — and Bringing Down Alex Jones: “The Final Gasps of a Beached Whale”

    Tim Heidecker and Onion Chief Ben Collins on Their Infowars Takeover — and Bringing Down Alex Jones: “The Final Gasps of a Beached Whale”

    After a bankruptcy auction, a rejected sale and a year of legal wrangling, Tim Heidecker and Ben Collins are days away from a court hearing they hope will let The Onion finally take operational control of Infowars on a licensing basis — paying roughly $80,000 a month to keep the lights on, route money to the Sandy Hook families and lay the groundwork for a longer-term comedy platform built on top of Alex Jones’ wreckage.

    Heidecker, the Tim and Eric and On Cinema co-creator who has been needling Jones for the better part of a decade, has been brought in as a creative overseer. Collins, the former NBC News disinformation reporter who now runs The Onion, is the deal’s public face.

    They caught up with The Hollywood Reporter to talk about making edgy comedy in the age of Trump and what an Onion-run Infowars actually looks like on day one.

    This is one of the wildest media maneuvers in years. What can you tell me about how it came together?

    TIM HEIDECKER It’s been a wild ride. I’ve been involved behind the scenes for several months. About a year or more ago, when the initial news broke, I just reached out. I love playing with these people, and I’d been following Alex Jones and the QAnon stuff for so long. I offered my help and heard nothing, because at that point it was kind of a stalemate. But it came back again last fall. There was a new energy behind it, and they reached out to me.

    My initial thought was: “Yeah, if you get this thing, it’ll be fun for a little while — but then what? Where do you take it? How do you continue to jab at him, but maybe not in a direct, satirical way?” What the world needs right now is a home for the people who used to make shows on Adult Swim and Comedy Central and are now scattered around social media making great stuff that isn’t curated and certainly not funded. Could the ultimate joke — the ultimate beautiful conclusion to this saga — be that this turns into a place for thriving creativity and humor and goodwill?

    So Infowars ultimate becomes the new Adult Swim or Cartoon Network?

    HEIDECKER Certainly a place for comedically left-of-center, outsider, individual — I don’t want to say political, but progressive — experimenting.

    BEN COLLINS Not pieces of shit.

    HEIDECKER Yeah. Not hack-y standup specials, not rambling four-hour conspiratorial podcasts by people who do sets at the Comedy Store. Good shit.

    With Jimmy Kimmel making edgy jokes about the president and the first lady and president coming out against him, do you feel it’s a dangerous time to make comedy?

    HEIDECKER Not really. I think it’s less dangerous than it was in the ’60s. Yes, there’s going to be blowback when you say things that hit the wrong way, but nobody I know feels scared to say what they think. There are consequences for your actions and your speech, but I’ve said terribly inflammatory things in the guise of humor and I don’t lose sleep over it.

    COLLINS There’s a cottage industry of saying there’s no more dangerous time to do comedy [than right now]. If you say “I’m being canceled for my beliefs” — congratulations, here’s your 90-minute special on Netflix. It’s a very easy thing to say.

    It is a scary time for speech in general, for good journalism, for tough investigative stuff, but that doesn’t mean you don’t do something. The Onion always makes fun of the big thing in the cultural zeitgeist. We have not made fun of gut-microbiology influencers for far too long, and now they’re running the Department of Health and Human Services; we have to parody these people. If it’s scary, then you’re not ready for the job.

    Where are you in the legal fight to make this happen?

    COLLINS On Thursday, we have a hearing to finalize this with the families and the receiver. We already have a deal with the families and the receiver to take over Infowars on a licensing basis. The reason it’s a licensing deal and not an outright purchase is because there’s a stay in court. It was supposed to be an emergency stay, lasting days or weeks. It’s lasted since August for some reason. We’re waiting for that stay to get lifted so the receiver can sell these things instead of just leasing them.

    Until then, we’ll lease this and get these families some money. They’ve not received a penny yet. They’re owed $1.4 billion by Alex Jones. He’s moved stuff around, stalled this out, done everything he can to make sure he doesn’t pay up. We want to get them at least a cut of very colorful hats in the meantime, and once we’re allowed to purchase it, they’ll get money outright. We’re almost there. On Thursday, we hope to turn the lights on in a very otherwise dark studio.

    For the first six months, the license is something like $81,000 a month?

    COLLINS Yeah. It’s basically a pay-to-play to make sure the stuff in that studio doesn’t melt
    and can eventually be sold. Otherwise, I think Alex’s plan was just to ride this out and declare it valueless so he could buy it back from his landlord. We wanted to interrupt those plans so these families could get some money. At every step, it’s been about him trying to evade actually paying up. We don’t mind stepping up here.

    And whatever profits the new Onion-run Infowars makes go directly to the families in perpetuity?

    COLLINS They’ll get a cut of merch. The actual details of the structure are TBD. The families care most about getting this out of Jones’ hands first, so we’re going to do that. The profits of buying the company — when we’re hopefully eventually allowed to do it — will 100 percent go to them. That’s the big-dollar figure we’re hoping to get to them. We’re just waiting for that to happen.

    Alex Jones tweeted what he called your mugshot, Tim. What was that?

    That’s a mugshot from a program I do called On Cinema at the Cinema, where my character ran an EDM music festival and gave out poisonous vape pens, which killed 19 kids. My character was arrested and went to trial. It was declared a mistrial due to one juror. All wonderful, great content. Comedy. Fictional. Did not happen to me, although the character shares my name.

    He also posted a ton of old Awesome Show clips and clips from the movie I made with Eric [Wareheim], seemingly as if they were literal, not sketches, about my true beliefs in child torture and satanism. It’s absolutely beautiful, because 90 percent of the reaction to how he’s reacting has been mocking him. It feels like the final gasps of a beached whale.

    Have either of you ever dealt with Jones directly?

    COLLINS Weirdly, no. I’ve had to talk to a lot of people on his staff because I used to be a reporter covering this stuff. On election night 2016, my beat was Infowars. I turned on Infowars and watched him and Roger Stone come to grips with the fact that they were in power now. It was a really strange night. So a lot of his underlings, who have since left, I’ve had to talk to and get quotes from. But I don’t think I’ve ever actually talked to Alex. He’s said a lot about me over the last few years, but I’ve never talked to him.

    HEIDECKER I appeared on Infowars once. They were live-streaming at the Republican National Convention and I interrupted the livestream and did my impression of him, to him.

    How did that go?

    He seemed to enjoy it. Like all narcissists, they appreciate being impersonated.

    I interviewed Sam Hyde back in the day — the right-wing comedian who was on Adult Swim and then turned on you. What are your memories of what happened with that? Was that just an anomaly?

    HEIDECKER I choose not to really talk about that, because it’s too complicated and riles up too many actual psychos. So I’m going to maintain my focus on Alex.

    Who has no psychos in his realm.

    COLLINS One psycho at a time.

    HEIDECKER I’ve dealt with all this before. The QAnon world — I was in the middle of that. So I know their moves, and it’s much less white-hot than it was back then. That movement is so fractured now and disillusioned and confused. We’re taking precautions, but it feels really deflated.

    COLLINS That’s the thing about Alex Jones. He spent 15 years saying, “There are going to be guys on the streets wearing masks, shoving you in the back of a van and putting you on a black site.” Then all that shit happened and he was like, “Amazing. Cool. Let’s go.”

    Functionally, the stuff he was worrying about took place, and he liked it. That’s become an issue for a lot of his fans. They’re getting everything they want, and the world sucks shit. The amount of infighting among all these various far-right conspiracy theorists is incalculable. Everybody hates each other, and the battle lines are all over the place.

    HEIDECKER Which doesn’t mean they get to go off into the sunset and go away. I just watched The Truth vs. Alex Jones, which I’d been avoiding. If you haven’t watched it, it gets you white-hot and ready to go try to get this guy away from the public. He has to go away. He should be completely destroyed. It can’t be forgotten. It can’t be forgiven and it can’t be excused. There has to be a lesson for the future that you can’t just do this.

    You’ve hinted at the long-term plan. But what’s the day-one plan for the new Infowars? What can you share?

    HEIDECKER We have a plan for the first few months: We’re going to enjoy laughing at him and mocking his world for a little while. I think that’s going to get old and boring for everybody, including us. After that, we’ll have the means and the technology and the attention to start producing original content that isn’t really connected to Infowars or the satirical side of that — just what we think is funny. We’ll start rolling it out under that brand. Eventually, let’s say in five years, you’re going to have to take a second to remember what Infowars was before we got involved.

    You’re sticking with the name Infowars forever?

    HEIDECKER Oh yeah. It’s a fun name. It’s a stupid name. It doesn’t mean anything except that it has this great story you can tell people: “Oh yeah, that used to be that lunatic’s website. Now it’s where I go to see good shit.”

    COLLINS The one cool thing Alex ever did was come up with the name Infowars — because it actually does a very good job of explaining what we’re going through right now, which is an information war at global scale. It’s the No. 1 economy of the United States right now: just building data centers to try to control the path of information. The name’s great, but Alex is so one-note. It’s just: get afraid of this thing, take this supplement, it’ll make you stronger for the day they come and take all your stuff. I’m sorry, I’m bored by it.

    HEIDECKER I want to add, because I think this gets lost: second to the Sandy Hook families, the most important thing for us is that The Onion is the most prestigious comedy institution America has — aside from Mad TV, which unfortunately went off the air a few years ago. It’s that way because it is so rigid and strict and specific in its voice. At the same time, Ben and the new owners of The Onion — Global Tetrahedron — want to grow because they’re a company and they want to do more things. To grow, you have to spawn a new thing. So this converges with that desire for the company to do that in a really very Onion-y way — a very of-the-world, political, weird way.

    COLLINS The reason we’re able to do this is because The Onion itself is doing so well. We’re the sixth, maybe fifth, largest newspaper in the United States now, depending on where The Washington Post is in terms of print-edition subscribers. We have 76,000 print subscribers to The Onion. We don’t want to mess with that. We want The Onion to be the last institution in the news that has high standards, if possible. In this other space, we can take more chances, because you can’t really defile Infowars’ name.

  • Solana Outlines Quantum Readiness Strategy and Details Path Toward Post‑Quantum Security

    Solana Outlines Quantum Readiness Strategy and Details Path Toward Post‑Quantum Security

    • Solana presents a structured plan to address quantum risks while emphasizing that the threat remains distant.
    • Independent teams Anza and Firedancer converge on Falcon as a viable post-quantum signature scheme for high-throughput environments.
    • The ecosystem already deploys Blueshift’s Winternitz Vault, showing real-world readiness, with migration expected to prioritize new wallets first and maintain limited performance impact.


    Solana details its quantum readiness strategy as discussions around quantum computing and blockchain security intensify. The network notes that large-scale quantum threats are not imminent, yet it continues to prepare migration paths to preserve long-term resilience.

    Solana Quantum Readiness Strategy Gains Technical Clarity

    Research from Anza and Firedancer, two key validator client teams, converges on the need for compact post-quantum signature schemes. Both groups independently identify Falcon as a suitable candidate, highlighting its efficiency and compatibility with high-speed blockchain environments. Early implementations are already available in public repositories, showing that the groundwork is operational rather than theoretical.

    This alignment reduces uncertainty around future upgrades. Solana’s architecture, designed to handle thousands of transactions per second, requires cryptographic solutions that maintain throughput. Falcon’s relatively small signature size compared to other post-quantum alternatives supports this requirement.

    Beyond core development teams, ecosystem initiatives reinforce this direction. Blueshift’s Winternitz Vault has operated on Solana for more than two years, offering a working example of quantum-resistant infrastructure. A recent paper from Google Quantum AI references this implementation as a leading case of early adoption within blockchain systems.

    Post Quantum Migration Path And Ecosystem Alignment

    Solana defines a phased transition approach if quantum capabilities reach a critical threshold. The first step involves continued evaluation of Falcon and alternatives as standards evolve. If risks increase, new wallets would adopt post-quantum signatures by default, while existing wallets migrate progressively.

    This staged model aligns with broader industry efforts. Organizations such as NIST have advanced post-quantum cryptography standards, with algorithms like CRYSTALS-Dilithium and Falcon under review. By following these developments, Solana reduces fragmentation risk and improves compatibility with global frameworks.

    Developers indicate that migration complexity remains manageable. The network expects minimal performance impact, addressing one of the main concerns tied to post-quantum cryptography in high-throughput systems.

    Solana’s approach reflects a broader shift across crypto networks that treat quantum risk as a long-term engineering challenge rather than an immediate disruption. By investing early in research and implementation, the ecosystem positions itself to adapt quickly while maintaining stability.

  • Financial Giant Fidelity Releases Bitcoin and Altcoin Update: “Funds Are Concentrating in BTC”

    Financial Giant Fidelity Releases Bitcoin and Altcoin Update: “Funds Are Concentrating in BTC”

    A new report published today by Fidelity reveals that while the cryptocurrency market is in a consolidation phase, key indicators are beginning to signal stability.

    According to the report, investor funds continue to concentrate largely in BTC, the most liquid asset, especially as Bitcoin maintains its role as an “anchor asset” in the market.

    The report stated that Bitcoin’s market capitalization dominance and unrealized earnings metrics indicated relative resilience despite volatile market conditions. Analysts noted that current market momentum and profitability indicators were generally consistent with a “correction” phase, which could pave the way for a transition to a healthier and more sustainable market structure.

    Related News Bloomberg Analyst Mike McGlone: “Cryptocurrencies Are Sick; Prices Need to Fall to Recover Before a Rally”

    On the other hand, the report revealed a divergence between on-chain activity and price movements on Ethereum and Solana. Despite this, it noted that network usage demand remained strong and there was no significant weakening in demand at the core protocol level.

    Jurrien Timmer, Fidelity’s global head of macro strategy, had previously stated that Bitcoin had recovered from the $60,000 level, forming a new base around $78,000 and preparing for “the next big bull wave.”

    The institution also noted that the trend seen in late 2025 has reversed, with investor funds beginning to shift back from gold to Bitcoin ETPs.

    *This is not investment advice.

  • Olivia Rodrigo Earns Fourth Hot 100 No. 1 With “Drop Dead”

    Olivia Rodrigo Earns Fourth Hot 100 No. 1 With “Drop Dead”

    Olivia Rodrigo‘s “Drop Dead” has debuted at No. 1 on the Hot 100, Billboard confirmed on Monday, marking the pop star’s fourth-ever chart-topper in a strong sign for her upcoming third album You Seem Pretty Sad for a Girl So in Love.

    Per Billboard, “Drop Dead” opened with 27.9 million streams along with 23.8 million radio airplay impressions and 45,000 traditional sales. Rodrigo released several different versions of the song last week, which helped boost some of those digital sales, though she also opened at No. 1 on the streaming songs chart as well.

    Rodrigo dethroned Ella Langley’s smash hit “Choosin’ Texas” to take the top slot, as Langley fell to Number 2. Bruno Mars’ “I Just Might” came in at third and Olivia Dean’s “Man I Need” dropped to four. Langley rounds out the top 5 this week with “Be Her.”

    Aside from “Drop Dead” Rodrigo previously topped the Hot 100 with her breakout hit “Driver’s License” and fellow Sour track “Good 4 U.” She earned her third number one back in 2023 with her Guts lead single “Vampire.”

    You Seem Pretty Sad for a Girl So in Love is one of the most anticipated albums of 2026 and will officially release on June 12. Rodrigo has been ramping up her promotion for the upcoming project, coming out as a surprise guest at Coachella last week during Addison Rae’s set to debut “Drop Dead.” She also made a surprise open mic night appearance over the weekend at Pete’s Candy Store in New York to perform the track.

  • Box Office Stunner: ‘Michael’ Over-the-Moon With Record $97M U.S. Opening, $219M Globally

    Box Office Stunner: ‘Michael’ Over-the-Moon With Record $97M U.S. Opening, $219M Globally

    In another win for a non-franchise title, Antoine Fuqua’s Michael Jackson biopic pulled off a moon walk for the ages at the worldwide box office with a record-smashing $97.2 million domestic opening and $121.6 million foreign launch for a global blast-off of $218.8 million, according to weekend actuals.

    Final weekend numbers show the movie coming in slightly ahead Sunday estimated $97 domestic launch and $120.4 foreign debut.

    Michael, coming in nearly $30 million ahead of expectations, boasts the biggest domestic opening of all time for any biopic after passing up Oppenheimer ($80 million), not adjusted for inflation. And the Lionsgate movie eclipsed Boheiman Rhapsody to rank as the top worldwide opening for a music biopic. Universal, a powerhouse on the international front, is releasing the film overseas on behalf of Lionsgate

    Heading into the weekend, producer Graham King and Lionsgate never imagined Michael had a shot at becoming the King of All Biopics in terms of its North America opening, since even the most bullish tracking showed it coming in at around $70 million. Instead, they were instead focused on breaking the record-setting bow of Straight Outta Compton and ruling the music biopic category. But by Friday night, it became clear the movie was going to approach $100 million domestically after becoming the latest title to benefit from keeping its storyline family-friendly and appealing to those who simply wanted to celebrate Jackson’s music.

    Other milestones: It marks Lionsgate’s best debut since the pandemic, and its sixth-biggest ever behind four Hunger Games installments and the final Twillight film. And it danced past the opening of 2026 sleeper hit Project Hail Mary to mark the second-biggest opening of the year, both in North America and globally, behind Universal and Illumination’s The Super Mario Galaxy Movie.

    Overseas, where Jackson is an even bigger draw, Michael is likewise off to a record-breaking start with $121.6 million from 84 markets, including $10.7 million in previews and early screenings. In 63 of those — including the U.K., Germany, France, Italy, Germany, Brazil, Australia, Spain, Netherlands and South Asia — it sent a new benchmark for the music biopic genre.

    “Above all, it reflects the tremendous outpouring of love and affection from moviegoers around the world, underscoring the strength and vitality of the theatrical box office. If you give audiences what they want, they will come,” Lionsgate Motion Picture Group Chair Adam Fogelson said, in addition to thanking all involved in making the film a reality.

    Michael opened in virtually every corner of the globe; one exception is Japan, where Jackson’s fanbase is enormous. The 2011 Michael Jackson posthumous concert doc This Is It earned $196 million at the foreign office; Japan’s contribution was $57 million. Kino and Lionsgate have set a June release date.

    Endorsed by the Jackson estate, Michael faced its fair share of challenges in reaching the big screen. It hit major delays when the decision was made by producer Graham King and Lionsgate to spend tens of millions reworking the third act to avoid mention of the allegations of child sexual abuse that engulfed the King of Pop in scandal before his death in 2009. All told, the final budget of $200 million appears worth it. Universal is handling the film overseas on behalf of Lionsgate, save for Japan.

    Phenomenal world-of-mouth is more than making up for generally lousy reviews (its Rotten Tomatoes critics score is 40 percent).

    Exit polls quickly revealed Michael isn’t just appointment viewing for hard-core fans and that strong word-of-mouth is more than making for one of the biggest divides in recent memory between critics and audiences: The film is graced with 97 percent audience score on Rotten Tomatoes — the best ever for the genre; PostTrak exit scores are in the low 90s and a definite recommend of 85 percent, levels rarely seen. And while it didn’t earn a perfect grade on CinemaScore, it did earn a good-enough A-.

    Michael‘s success is a result of playing across all ethnicities and age groups. While it did over-index among Black moviegoers (38 percent), Latinos accounted for a sizable 26 percent of the audience, followed by white moviegoers at 26 percent, according to PostTrak.

    And the following age stats are a distributor’s are a dream come true, but rarely do. Moviegoers over the age of 55 rarely turn out for opening weekend; teenagers can be just as elusive. In this case, those 55 and older made up anywhere from 15 to percent of ticket buyers, while teens made up 6 percent to 7 percent (believe me, those are excellent numbers). Gen Zers and younger Millennials also turned out in force, with those between the ages of 18 and 34 making up 45 percent to 50 percent of the opening-weekend audience. But those over the age of 35 almost matched those numbers, or 44 percent to 48 percent, including those over the age of 55 who were previously mentioned.

    Elsewhere, Super Mario Galaxy is hardly complaining about coming in second ruling the roost for weeks, since it’s now focused on becoming the first film of the year to join the billion-dollar club after finishing Sunday with a global total of $871 million.

    Nor is Hail Mary feeling sorry for itself as it racked up more milestones in its sixth outing when crossing the $300 million mark domestically and $600 million globally to finish Sunday with a worldwide total of $613.3 million. In North America, it placed third with $13 million after falling 36 percent, the lowest decline of any pic in the top 10.

    From New Line, Lee Cronin’s The Mummy fell 58 percent to $5.6 million for a fourth-place finish in its second weekend for a 10-day domestic total of $23.5 million. The pic, produced by Blumhouse and Atomic Monster, is scaring up more business overseas, where it grossed another $12.4 million for a foreign tally of $42 million. Its global tally is $65.5 million against a reportedly modest budget of $22 million.

    At the specialty box office, A24’s edgy and daring The Drama is an official sleeper hit after opening to so-so numbers amid solid, but not spectacular, reviews and audience scores. But word-of-mouth began spreading among Gen Zers, and the movie, starring Zendaya and Robert Pattinson, became a “thing.” And with many distracted attention to Michael’s opening, The Drama quietly cleared the $100 million globally, including a foreign war chest of $67 million and $44.8 million domestically (it rounded out the top in North America with $2.6 million.)

    A24, unfortunately, couldn’t trumpet The Drama, considering its latest movie, Mother Mary, all-out bombed in its nationwide expansion. The David Lowery-directed film, whose cast is led by Anne Hathaway, Michaela Coel, FKA Twigs, Hunger Schafer and more, opened in ninth place with $1.1 million from 1,103 theaters.

    Mother Mary‘s timing isn’t great, at least for Hathaway, since it arrives in theaters just one week before The Devil Wears Prada 2 kicks off the summer box office. However, no one is coming down too hard on Hathaway for the failure of Lowery’s horror-thriller pic about an aging pop star to resonate with audiences. Prada 2 is tracking to be a hit of record-breaking proportions and reunites Hathaway with Meryl Streep, Stanley Tucci and Emily Blunt.

    April 27, 12:30 p.m.: Updated with final weekend numbers for Michael.

    This story was originally published April 26 at 9:30 a.m.