Author: rb809rb

  • One in 10 cancers linked to common infections as experts share how to reduce your risk

    One in 10 cancers linked to common infections as experts share how to reduce your risk

    A study has found that more than one in 10 new cancer cases around the globe in 2024 were the result of an initial infection by bacteria or viruses.

    The study, from the International Agency for Research on Cancer, suggested that this means a significant proportion of the cancers diagnosed globally could be prevented by addressing the infections which cause them.

    Gary Clifford is a cancer epidemiologist who co-authored the study, and suggested that targeting the root causes is already possible, and may reduce the need for more complicated and unpleasant cancer treatments.

    “We have very actionable targets,” he said. “We have very many tools against these viruses already.”

    This could include public health measures such as vaccine programs to help protect populations against viruses, the Washington Post reports.

    Such measures have already proven effective in slowing the spread of human papillomavirus, HPV, which is particularly linked to cervical cancer, as well as other forms of cancer.

    “Viruses are not designed or evolved to cause cancer,” said Clifford, “but it can be a side effect.”

    Public health measures could reduce the incidence of cancers (Getty Stock)

    Public health measures could reduce the incidence of cancers (Getty Stock)

    Other viruses linked to cancer include the Epstein-Barr virus, which is generally asymptomatic but can cause nasopharyngeal cancer, as well as Hepatitis B which can cause liver cancer.

    There is also Helicobacter pylori, which is a kind of bacteria that can lead to stomach cancer.

    Altogether, diseases were linked to approximately 2.3 million new cancer cases in 2024, which made up around 12 percent of the 20 million new cases in that year, and a similar figure to 2018.

    The fact that the figure hasn’t changed much in those six years was called ‘alarming’ by professor of epidemiology at Harvard University Lorelei Mucci, who called it a ‘failure of public health’.

    “We really know how to prevent a lot of these cancers from happening by preventing the infection,” said Mucci.

    Study co-author Harriet Rumgay, who is an epidemiologist at the International Agency for Research on Cancer, highlighted that the more recent study covers a larger range of diseases linked to cancer, which may reflect in the figures.

    Vaccination is one measure that could help, as it would target the root cause of the cancers (Getty Stock)

    Vaccination is one measure that could help, as it would target the root cause of the cancers (Getty Stock)

    Nonetheless, she agreed that it appears to have mostly stayed similar.

    There are things that you can do to mitigate your risk, and one of them is getting vaccinated.

    The HPV vaccine is recommended by the American Academy of Pediatrics (AAP) ‘starting the HPV vaccine series between 9 and 12 years’, meanwhile the hepatitis B vaccine is recommended to be administered to all infants.

    Clifford observed that the impact of vaccine programs may not yet show in the figures.

    “The impact is coming,” Clifford said. “The vaccinated cohorts are already protected, but we haven’t yet seen it in the cancer rates, but we will.”

    However, the emphasis in the programs is on maintaining effective public health programs, which can itself be impacted by funding cuts, as well as growing hesitancy around vaccines.

    Donald Trump’s second administration ahas involved buts to foreign aid, including global health initiatives which could support vaccine programs.

    Meanwhile, a move by US federal officials to bring an end to hepatitis B birth-dose was suspended by a federal judge in March.

  • Stellar (XLM) Lands Chainlink to Wake Up $3.5 Billion in Tokenized Real-World Assets

    Stellar (XLM) Lands Chainlink to Wake Up $3.5 Billion in Tokenized Real-World Assets

    According to the latest data from the analytics tracker RWA.xyz, Stellar ranks fourth in the world among all blockchain platforms by RWA volume, trailing only Ethereum, BNB Chain, and Solana.

    However, the structure of this capital is specific. It consists exclusively of conservative reserves held by major players, distributed across strictly regulated sectors.

    The ecosystem’s landscape is defined by the European fintech sector, led by the Spiko platform, which digitized Amundi’s interbank swaps in euros, pounds, and francs, as well as Eurozone treasury bills. The American wing is represented by the public sector: secure Ondo Finance products based on US government bonds and the flagship money market fund from the investment giant Franklin Templeton.

    Infrastructure liquidity is provided by Circle’s regulated dollar stablecoin USDC and Figure’s American stablecoin YLDS, registered with the SEC.

    Why billions of dollars just sat idle on the blockchain

    The thing is, the Soroban smart contracts within Stellar were completely cut off from the outside world. The network held colossal reserves of highly liquid and legitimate assets but could not build a full-fledged financial turnover around them.

    They physically could not verify the exact value of these instruments in real time. Billions of dollars sat on the blockchain passively, serving as digital warehouse receipts.

    It was impossible to launch even basic instruments against them. For example, it was impossible to use tokenized Ondo bonds as collateral to automatically receive stablecoins, since the system could not instantly calculate the liquidation value of the collateral at the slightest market fluctuation.

    Stellar RWA distribution by asset class, Source: RWA.xyz

    The Chainlink integration fully removes this technical barrier. Low-latency data streams deliver market quotes to Stellar smart contracts with virtually no delay.

    This enables full-fledged automated lending with per-second recalculation of the collateral ratio, allows safe liquidations of large players’ positions without the risk of systemic failures, and also creates a foundation for prediction markets and perpetual futures on tokenized stocks.

    Since the volume of RWA transfers on Stellar grew by a quarter over the past month, and stablecoin capitalization rose by 10%, the foundation’s decision to subsidize the integration looks like a pragmatic, preemptive commercial move.

    By lifting the financial burden from developers, Stellar is trying to wrest the status of the main platform for structured DeFi from the market leaders, turning passive billion-dollar reserves into dynamic working capital.

  • Teenage boy has tooth growing from eye socket in rare case that stunned doctors

    Teenage boy has tooth growing from eye socket in rare case that stunned doctors

    A 16-year-old boy needed a tooth removing from the unusual location of his eye socket, a strange place for a tooth to be, after it started poking through his skin.

    There had been a swelling on his eye socket for about a month but he hadn’t been in any pain, then two points started to poke through his skin and a scan revealed they were part of a fully formed canine tooth growing there.

    This is something known as an ‘ectopic tooth’, where one of your chompers begins growing in a place it shouldn’t, and in this unfortunate instance it was the teenager’s eye socket where the tooth grew and pushed through.

    It’s a very rare condition and most of the time they grow in the space behind your cheekbone, but various studies have found that they can develop in the nasal cavity, palate, chin, jaw joint and of course the eye socket.

    Researchers presenting this finding said the teenager, from India, had ‘no history of trauma’ but was experiencing ‘a painless swelling of the left upper eyelid for one month’.

    The 16-year-old had a tooth growing in his eye socket (AAO Journal)

    The 16-year-old had a tooth growing in his eye socket (AAO Journal)

    Doctors saw ‘two hard, well-defined whitish projections’ which further investigation turned up as a ‘well-defined hyperdense structure with crown–root morphology’.

    In other words, this was the tooth.

    They didn’t know why he’d developed an ectopic tooth in his eye socket but the surgery to get it out was successful and his eyes are now not in danger of being poked by the roots of a tooth that shouldn’t be growing there.

    While surgical removal is the solution for many ectopic teeth since they can cause infection, a cyst or block an important passage in the head, sometimes they are better left alone.

    If the grown tooth is not in the way of anything and not doing any harm then Dr Saroash Shahid explained in The Conversation they might be best left alone.

    An x-ray of the teenager's head found a canine tooth growing in his eye socket (AAO Journal)

    An x-ray of the teenager’s head found a canine tooth growing in his eye socket (AAO Journal)

    Fortunately for the teenager his tooth didn’t cause him pain or discomfort, and it was out pretty quickly.

    That’s not the case for everyone, as a 38-year-old man who had breathing problems for years had to wait a long time to learn the truth about it, he had an ectopic tooth growing in his nose.

    Scans found the tooth in the floor of his right nostril and he needed to go in for surgery to get it taken out.

    It turns out having the misplaced tooth taken out of his nose worked wonders for clearing up his breathing problems.

    Canine teeth are the most common kind of ectopic teeth to develop somewhere else in the skull other than the mouth.

  • Donald Trump showcases ‘worst prison on earth’ where no one ever escapes in warning to US criminals

    Donald Trump showcases ‘worst prison on earth’ where no one ever escapes in warning to US criminals

    Donald Trump has credited deportations to a maximum-security prison where inmates are dubbed ‘dead men walking’ for curbing crime in the US – so what is life like in the world’s most notorious jail?

    45 miles east of El Salvador’s capital city lies the Centro de Confinamiento del Terrorismo (CECOT), a 40,000-capacity mega-prison which has been central to President Nayib Bukele’s crackdown on organised crime across the Central American country.

    Since opening its doors in January 2023, the controversial mega-prison has been at the centre of a human rights controversy, with critics alleging that prisoners’ human rights are being violated.

    However, the prison also has numerous influential supporters, with the US leader being one of them.

    The post included what appeared to be US deportation flights and images of prisoners at CECOT (Truth Social/Donald Trump)

    The post included what appeared to be US deportation flights and images of prisoners at CECOT (Truth Social/Donald Trump)

    Trump gave a shout-out to the jail ahead of the upcoming US midterm elections on his Truth Social account, claiming the US is sending its ‘killers, drug dealers and thugs’ to El Salvador, before going on to claim: “This is why murder and other crimes in America are at record lows.”

    Inside CECOT’s ‘cemetery of living men’

    Access to CECOT is notoriously difficult, with the El Salvadorian government controlling what is reported to the outside world.

    This was evident during Richard Madeley’s Channel 5 documentary, Richard Madeley: Inside the World’s Mega Prison, when the broadcaster struggled to get answers from the prison guards or interview time with one of the jail’s inmates.

    However, Madeley was able to get a pretty decent picture of what a day in the life of a CECOT inmate looks like – and it’s absolutely brutal.

    Lights are kept on in the prison 24/7, meaning that inmates are forced to sleep under blinding artificial light.

    El Salvador's CECOT is one of the most controversial prisons in the world (MARVIN RECINOS / AFP via Getty Images)

    El Salvador’s CECOT is one of the most controversial prisons in the world (MARVIN RECINOS / AFP via Getty Images)

    However, this doesn’t mean that inmates will never see darkness again in their lives, as CECOT’s isolation cells are pitch-black and completely silent, meaning that troublesome inmates sent there spend 30 days groping around in the dark.

    “[The main prison] would seem like freedom,” Madeley said after viewing one of the prison’s 92 isolation cells. “Boy, you would do exactly what you are told.”

    When it comes to meals, the inmates are given 1800 calories a day and live off a diet of rice, beans and a tortilla, all of which are eaten by hand, as cutlery is not allowed.

    Inmates also spend 23.5 hours a day locked inside mega cells, only being allowed out for light exercise.

    Recreation is also banned, with the only book available to inmates being the Bible.

    CECOT inmates spend 23.5 hours a day locked in their cells, live off basic rations and have no recreational activities (Alex Peña/Getty Images)

    CECOT inmates spend 23.5 hours a day locked in their cells, live off basic rations and have no recreational activities (Alex Peña/Getty Images)

    Is Donald Trump sending US prisoners to CECOT?

    Trump’s post seemingly suggests that US criminals have been deported to CECOT, but how accurate is this?

    In March 2025, it was reported that 261 Venezuelans were expelled to CECOT from the US under Trump’s mass-deportation policy. They were later released back to Venezuela in July, becoming the only inmates to leave the prison.

    Former inmates were also able to provide testimonies about their treatment inside CECOT, with one person claiming the jail’s director, Belarmino García, told them the following upon arrival: “Welcome to hell. Welcome to the cemetery of living men. The only way you leave here is dead.”

    Meanwhile, it was revealed earlier this month that 100 El Salvadorans had been deported to the country. However, it is unclear whether or not they were detained at CECOT.

  • OpenAI Engineer Arrested for Bugging Office, Company Says AI Caught Him

    OpenAI Engineer Arrested for Bugging Office, Company Says AI Caught Him

    In brief

    • The FBI arrested OpenAI engineer Abdulrahman Alfozan on Oct. 9 for allegedly planting a hidden audio recorder in an executive conference room at the OpenAI’s San Francisco offices.
    • Prosecutors say a chatbot account tied to his spouse asked how to build, hide, and remotely access a continuous audio recorder days before the device was installed.
    • OpenAI says its models helped identify him and that it has no indication he took model weights, source code, or customer data.

    An OpenAI engineer is in federal custody after allegedly hiding an encrypted audio recorder behind a television in one of the company’s executive conference rooms in San Francisco. OpenAI says its own AI models helped figure out who put it there.

    “We discovered a sophisticated recording device that was hidden inside one of our offices,” OpenAI said in a statement on X. “We used our models to understand the device and where it had come from, identifying that a specific employee had planted it a few days earlier.”

    Myriad: Which company will have the best AI model? Click to make your prediction.
    Myriad: Which company will have the best AI model? Click to make your prediction.

    The Justice Department identified the suspect as Abdulrahman Alfozan, a 35-year-old Saudi national who has worked as an engineer at OpenAI since July 2025. He was arrested on Oct. 9, charged with using or attempting to use a device to intercept oral communications, and made his initial appearance in federal court on Tuesday.

    “We referred the matter to the FBI, and we’re grateful to the agents and prosecutors who moved quickly to make an arrest,” OpenAI said. “The FBI’s investigation is ongoing and we will continue to support their work.”

    According to the criminal complaint, OpenAI staff found the recorder on or around Sept. 30, plugged into a USB port on the back of a TV and wrapped in toilet paper. Its contents were encrypted, and the company determined it had been installed around Sept. 28.

    Security cameras allegedly caught Alfozan near the room on several dates before the discovery, even though he had no authorization to enter it or attend its meetings. Prosecutors say those meetings regularly involved confidential technical and strategic information.

    Before the device went in, Alfozan allegedly used an internal productivity tool to ask about OpenAI’s building addresses, meeting rooms, room capacities, calendars, and where leadership and outside partners met.

    Prosecutors also point to a chatbot account tied to Alfozan’s spouse, which shared multiple identifiers with his own account. Between Sept. 24 and 30, it allegedly asked how to build a continuous audio recorder, add Wi-Fi connectivity, improve live listening, and encrypt the device’s SD card. The complaint doesn’t say whose chatbot it was.

    “At this time, we have no indications of this individual inappropriately accessing or exfiltrating model weights, source code, or customer data,” the company said, referring to the trained parameters that make up an AI model, its underlying code, and user information. “The employee was terminated.”

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    “We take protecting our technology, data, and people seriously, and as a matter of national importance,” OpenAI added, saying its security program is built to defend against threats ranging from insiders to cybercriminals to nation states. “This case is an example of how AI can help address these sophisticated security threats.”

    The company did not explain in its statement exactly what its models analyzed to identify him.

    Federal officials are treating it as a national security case. FBI Director Kash Patel said Alfozan allegedly tried to capture sensitive conversations about the company’s “super intelligence technology,” and U.S. Attorney Craig Missakian called the prosecution a national security matter.

    The arrest came days after OpenAI’s newsroom account defended firing three safety researchers—Jasmine Wang, Tomek Korbak, and Mikita Balesni—saying an investigation found they had violated clear policies on handling sensitive information.

    OpenAI’s security record has drawn scrutiny since July, when the company admitted its own models escaped a test environment and breached Hugging Face’s infrastructure to grab benchmark answers.

    If convicted, Alfozan faces up to five years in prison, a $250,000 fine, and three years of supervised release. A detention hearing is set for Oct. 19 before U.S. Magistrate Judge Alex G. Tse.

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  • Box Office: ‘Street Fighter’ Aims for $30 Million Opening, ‘You Can See Everything’ Could Score $8 Million Start

    Box Office: ‘Street Fighter’ Aims for $30 Million Opening, ‘You Can See Everything’ Could Score $8 Million Start

    Strength in numbers? Movie theater operators are hoping the adage proves true as four new movies aim to bolster the October box office.

    Paramount’s video game adaptation “Street Fighter” will lead over fellow newcomers, with opening weekend estimates of $25 million to $35 million from 3,500 North American theaters. Disney’s survival thriller “Whalefall” should secure second place with $10 million to $12 million from 3,065 venues. Meanwhile A24’s much-hyped Elizabeth Holmes documentary “You Can See Everything” is aiming for a strong $7 million to $8 million from just 800 locations, and the Focus Features remake of Jane Austen’s “Sense and Sensibility” is targeting $5 million to $8 million from 2,436 screens.

    Although “Street Fighter” is projected to claim the No. 1 spot, the PG-13 action-adventure carries the biggest budget among the quartet and will need to stick around in theaters to justify its price tag. Legendary and video game developer Capcom co-financed the film for $82 million, with Paramount only on the hook for distribution. The long-gestating “Street Fighter” was originally set at Sony as part of Legendary’s pact with the studio and moved to Paramount once the initial deal expired. Overseas, “Street Fighter” is projected to earn roughly $35 million from 65 markets.

    “Street Fighter” is the third movie based on the Capcom video game series. The first live-action film, released in 1994 and starred Jean-Claude Van Damme, was box office hit with $100 million, not adjusted for inflation. The second, 2009’s “Street Fighter: The Legend of Chun-Li,” was a major misfire for 20th Century, earning just $12.8 million against a $50 million budget. This reboot, directed by Kitao Sakurai and starring Noah Centineo and Andrew Koji, takes place in 1993 as two estranged fighters are recruited to enter a tournament that forces them to face off against each other.

    “Whalefall” cost $60 million and also requires substantial staying power, since theater owners keep about half of ticket sales. Directed by Brian Duffield, “Whalefall” follows a scuba diver (Austin Abrams) who is swallowed by a sperm whale and has only one hour of oxygen left in his tank as he figures out how to escape. Reviews have been mostly positive, with one critic calling the film “amusing genre pulp.”

    “You Can See Everything” cost around $7 million to produce, and exhibitors believe the movie could become the rare breakout documentary. Earlier this year, Amazon MGM’s “Melania,” a $40-million-budgeted glimpse at first lady Melania Trump, landed the biggest opening for a non-music or concert doc in over a decade with $7.1 million from 1,778 theaters. Most non-fiction films, however, would be lucky these days to earn that much by the end of their box office runs.

    Hype for “You Can See Everything” has been high since A24 unveiled the top-secret project at Telluride Film Festival in early September. Comedian Nathan Fielder and “Primetime” filmmaker Lance Oppenheim quietly worked for more than three years on the movie, which offers an unhinged look at the Theranos founder a month before she began an 11-year prison sentence for defrauding investors. The doc will benefit from stellar reviews and positive word-of-mouth; it holds a 100% on Rotten Tomatoes, with Variety’s Owen Gleiberman describing the unconventional story as a “one-of-a-kind [ …] circus.”

    “Sense and Sensibility,” which carries a $25 million budget, hopes to serve as counterprogramming against the male-skewing “Street Fighter” and “Whalefall.” Daisy Edgar-Jones and Esmé Creed-Miles star in the latest adaptation of the Jane Austen classic as sisters Elinor and Marianne Dashwood, who navigate love, loss and financial uncertainty as they are forced to leave their family estate in Sussex.

    “Sense and Sensibility” has been reworked for the screen a number of times, most notably with director Ang Lee’s 1995 film starring Emma Thompson and Kate Winslet as Elinor and Marianne Dashwood. That film was a critical and commercial smash, earning seven Oscar nominations and generating $135 million at the box office, not adjusted for inflation. Focus Features over the years has backed two prior remakes of Austen’s work, including the 2005 version of “Pride and Prejudice” with Keira Knightley and Matthew Macfadyen as well as 2020’s “Emma,” which starred Anya-Taylor Joy. The well-reviewed “Emma” was released digitally while theaters were closed due to the pandemic.

    So far, the October box office has been uneven. Tom Cruise’s dark comedy “Digger” and Aaron Sorkin’s Facebook drama “The Social Reckoning” flopped, while Colleen Hoover adaptation “Verity” and “Other Mommy” with Jessica Chastain are shaping up to be modest wins. Luckily, it won’t take much to improve upon last October, which hit a three-decade low amid a pileup of disasters including Dwayne Johnson’s MMA drama “The Smashing Machine” and Disney’s sci-fi sequel “Tron: Ares.”

  • Woman, 44, found alive in sea 20 hours after falling from cruise ship

    Woman, 44, found alive in sea 20 hours after falling from cruise ship

    A 44-year-old woman who had fallen from the Royal Caribbean cruise ship Odyssey of the Seas earlier this month was found alive and rescued from the water after a 20-hour ordeal.

    The woman, an El Salvador native, had been on the Mediterranean cruise which had been sailing off the coast of Greece, with the vessel having departed from Italy on 4 October for a week-long voyage.

    According to a release from the Hellenic Coast Guard, she had fallen into the water on the morning of 9 October and spent around 20 hours in the water before she was found.

    With a woman overboard, a ‘local emergency plan’ was triggered which alerted other vessels in the area, deploying rescue vessels and a helicopter to join the search.

    It is believed the woman spent around 20 hours in the water before being rescued (YouTube/Hellenic Coastguard)

    It is believed the woman spent around 20 hours in the water before being rescued (YouTube/Hellenic Coastguard)

    It was a cargo ship, the MSC Rossella III, which had been participating in the search effort that ultimately found the woman.

    The coastguard shared footage of the moment the woman was rescued, with her being spotted floating in the water in an orange life ring before a rope was thrown over to her.

    Crew on board the ship asked her if she was alright and she was able to grab the rope and pull herself closer to the cargo ship.

    Take a look at the moment she was rescued below:

    She received first aid after getting brought on board and was then brought to Katakolo in Greece where she was taken to hospital for ‘medical monitoring and medical examinations’.

    A preliminary investigation into the matter has been launched, but fortunately the 44-year-old woman overboard was rescued alive and well.

    Royal Caribbean said in a statement: “We immediately launched a search and rescue effort and are working with authorities.

    “Our Care Team is actively providing support and assistance to the guest’s loved ones during this difficult time. For the privacy of the guest and their family, we have no additional details to share.”

    The woman fell overboard from the Royal Caribbean Odyssey of the Seas (Gerard Bottino/SOPA Images/LightRocket via Getty Images)

    The woman fell overboard from the Royal Caribbean Odyssey of the Seas (Gerard Bottino/SOPA Images/LightRocket via Getty Images)

    What happens when someone falls overboard on a cruise ship?

    When someone falls overboard on a cruise ship a protocol kicks into place which results in the ship logging the location where the ‘man overboard’ warning was issued to give themselves and other vessels an idea of where to look.

    The sea is a vast expanse that often lacks distinctive features or landmarks, so having the right coordinates as a starting point is crucial.

    Vessel crews are trained on how to act when responding to someone in the water, so they know exactly what they have to do when the search begins and how best to conduct themselves.

    Sadly, despite it being a scenario crews train properly, for the survival rate for people going overboard into the sea is low, so it is very fortunate that the woman who spent 20 hours in the water was recovered alive.

  • BitMEX Sued in UK for Return of $27M in Bitcoin Over Unlicensed Derivatives

    BitMEX Sued in UK for Return of $27M in Bitcoin Over Unlicensed Derivatives

    In brief

    • UK software engineer Lewis Barber is suing the operator of BitMEX, the crypto derivatives exchange that shut down in September, in London’s Commercial Court.
    • Barber wants 324.8 BTC returned, alleging BitMEX traded with him without authorization from the Financial Conduct Authority, the UK’s financial regulator.
    • His lawyers say other UK traders may have similar claims, which could run to hundreds of millions of pounds in total.

    A British software engineer is suing the operator of crypto derivatives exchange BitMEX for the return of 324.8 BTC, alleging it traded with him in the UK without regulatory approval, according to The Guardian and particulars of claim reviewed by Decrypt.

    The Bitcoin was worth £20.4 million on October 1, the claim says, or about $27.2 million by Decrypt‘s calculation using the claim’s exchange rates.

    Lewis Barber, who brought the claim against BitMEX operator HDR Global Trading, entered into around 2,294 trades on the exchange between 2018 and 2022 from five accounts, the claim says. It challenges the 1,053 that lost him money.

    All of them were perpetual swaps, a derivative similar to a futures contract but with no expiry date. Each trade was a regulated activity that BitMEX was not authorized to carry out in the UK, the claim argues, so none can be enforced against Barber under the Financial Services and Markets Act 2000.

    Myriad: When will Bitcoin hit a new all-time high? Click to make your prediction.
    Myriad: When will Bitcoin hit a new all-time high? Click to make your prediction.

    The claim says BitMEX did not restrict access from the UK, let new users select it as their country of residence, and ran promotional campaigns worldwide, including an advertisement in The Times in January 2019. It also cites a March 2020 warning from the FCA that BitMEX may have been trading regulated investments in the UK without authorization.

    Barber also claims damages for deceit, alleging BitMEX knew it was not authorized when it implicitly represented that it could lawfully trade with him. His solicitors wrote to BitMEX rescinding the trades in December 2025, the claim says.

    The claim has been filed but not yet formally served on BitMEX, the Guardian reported. “No such claim has been served on HDR Global Trading Limited,” a BitMEX spokesperson told the newspaper.

    BitMEX also faces a proposed class action in New York alleging theft of Bitcoin and insider trading, which names co-founders Ben Delo, Arthur Hayes and Samuel Reed.

    The three co-founders pleaded guilty in 2022 to violating the Bank Secrecy Act through anti-money laundering failures at the exchange, and were pardoned by President Donald Trump in March 2025. BitMEX itself pleaded guilty to Bank Secrecy Act violations in 2024 and was ordered to pay $100 million in January 2025.

    BitMEX in the UK

    BitMEX shut down on September 23, having announced in July that it would close.

    Delo gave Reform UK £36 million in September, the largest single donation in British political history, Decrypt reported.

    Many other investors are likely to be in a similar position to Barber, his law firm Seladore Legal said in a statement shared with Decrypt, putting the potential total at hundreds of millions of pounds.

    “Other UK-based persons may have entered into similar contracts with BitMEX, although whether any individual has a claim will depend on the particular facts and trading history,” said Gareth Keillor, a partner at the firm.

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  • Bob Daly to Step Down as Chair of AFI Board of Directors (EXCLUSIVE)

    Bob Daly to Step Down as Chair of AFI Board of Directors (EXCLUSIVE)

    After 17 years of leadership, Bob Daly will step down as chair of the American Film Institute Board of Directors at the next trustee meeting on Wednesday, Oct. 21, Variety can reveal exclusively.

    Daly, former Warner Bros. chair and co-CEO, joined the AFI Board in April 1981 and was named chair on Oct. 8, 2009, succeeding co-chairs Jon Avnet and John Cooke.

    “In a career that brought me from running CBS to Warner Bros. to the Los Angeles Dodgers, I can honestly say that serving as Chairman of the AFI Board of Directors has been one of the greatest honors of my life,” said Daly. “This is a board that represents all aspects of the film and television communities, and to see they come together with a shared passion for the art form has been a wonder to behold. Long live the AFI!”

    Daly’s expansive history in Hollywood touched some of the most powerful institutions in the entertainment business, including CBS Entertainment, Warner Music Group, the Los Angeles Dodgers and, of course, Warner Bros. He began his career at CBS as a gofer in 1955. He spent 25 years at the network and eventually served as its president, overseeing all television operations. After his time at CBS, Daly joined Warner Bros. as chairman and co-CEO in 1980. During his 19 years at the studio, he and his co-CEO, Terry Semel, were credited with 16 consecutive years of record earnings. They also supervised the release of 13 Best Picture Oscar nominees, and snagged three wins with “Chariots of Fire,” “Driving Miss Daisy” and “Unforgiven.”

    Following his time at WB, Daly joined the Los Angeles Dodgers as chair and CEO for four years before selling the team in 2004. Daly also served as chair of the charity Save the Children.

    “Leadership is an art in itself — and in that regard, Mr. Daly is a master,” said Bob Gazzale, AFI president & CEO. “Over the past forty years, no single person has had a greater impact on AFI’s work in preservation, celebration and education than Bob Daly — and we have promised to march forward each day with a promise to prove him proud.”

    The AFI, founded in 1967, is a nonprofit organization created to preserve the heritage of the motion picture, to honor the artists and their work and to educate the next generation of storytellers. Former Lucasfilm president Kathleen Kennedy serves as chair of the AFI Board of Trustees, which includes Pam Abdy, Sean Astin, Alan Bergman, Halle Berry, Jim Breyer, James L. Brooks, Ava DuVernay, Jamie Erlicht, Mike Hopkins, Alan Horn, Patty Jenkins, Michael B. Jordan, Donna Langley, Eva Longoria, Bryan Lourd, Christopher Nolan, Edward James Olmos, Shonda Rhimes, Charles Rivkin, Jay Roach, Ted Sarandos, Chris Silbermann, Octavia Spencer, Steven Spielberg, Todd Wagner and Edward Zwick.

  • Kraken Owner Payward to Buy Lithuania’s Saldo Bank in EU Push

    Kraken Owner Payward to Buy Lithuania’s Saldo Bank in EU Push

    In brief

    • Payward, the parent company of crypto exchange Kraken, is buying Saldo Bank, an EU-licensed lender based in Lithuania, the Financial Times reported.
    • Co-CEO Arjun Sethi said customers will be able to borrow and lend against their assets without selling them, in an undisclosed deal expected to close in 2027.
    • The deal comes as a U.S. community bank lobby sues the federal bank regulator over the trust charters it has granted to crypto firms.

    Payward, the parent company of crypto exchange Kraken, is buying Lithuania-based Saldo Bank as it expands into lending and card issuing, the Financial Times reported on Wednesday.

    Payward is the first digital asset company to buy a bank in Europe, according to the FT. Saldo received its EU banking license in 2021 and offers consumer and business loans as well as term deposits. The price was not disclosed.

    “One of the biggest things that our customers have been asking us is ‘I would like to get products and services and offerings similar to what I get with another bank,’” Payward co-CEO Arjun Sethi told the FT.

    Sethi said the plan is to bring cash, crypto, tokenized stocks and credit together in a single system, so customers can borrow and lend against their assets without selling them.

    Myriad: Where does Ethereum go next? Click to make your prediction.
    Myriad: Where does Ethereum go next? Click to make your prediction.

    Crypto charters in the U.S.

    The Wyoming-based company, founded in 2011, applied in May for a national trust company charter from the U.S. Office of the Comptroller of the Currency, the federal bank regulator. Coinbase and Ripple are among the crypto firms that have received conditional approval for such charters, which let them hold customers’ assets and provide transaction services but not take deposits.

    This month, the Independent Community Bankers of America sued the OCC, arguing that granting such charters to crypto firms exceeds the regulator’s authority. “Any non-fiduciary firm seeking the benefits of a federal bank charter should meet the same standards as community banks,” ICBA President and CEO Rebecca Romero Rainey said in a statement. An OCC spokesperson declined to comment.

    The bank deal follows Payward’s $550 million acquisition of derivatives exchange Bitnomial in April and its $600 million purchase of Asian stablecoin payments firm Reap Technologies in May. Kraken filed confidentially for an IPO last November, but has since pushed the listing back to the second quarter of 2027 at the earliest, CoinDesk reported in September, citing people familiar with the matter.

    The Saldo acquisition is subject to regulatory approvals and is expected to close in 2027.

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