Author: rb809rb

  • Another Weekend, Another Hacking Incident in the Crypto Market—This Time, Another Platform Has Announced It Was Hacked

    Another Weekend, Another Hacking Incident in the Crypto Market—This Time, Another Platform Has Announced It Was Hacked

    Scallop, a lending protocol operating within the $SUI ecosystem, announced a loss of approximately 150,000 $SUI coins due to a security vulnerability in a side contract. The company stated that it will cover the full amount of the loss.

    At the current $SUI price, the loss is approximately $142,000.

    According to the official statement, the incident occurred as a result of the misuse of a “spool” subcontract connected to Scallop’s sSUI reward pool. It was added that only the reward pool was affected by the attack, and the protocol’s main contracts remained secure. Officials emphasized that all other liquidity pools and user assets were unaffected by this incident.

    The company stated that after the security vulnerability was detected, it froze the relevant contract and prevented further losses through a swift response. A subsequent update indicated that the core contracts have been reactivated and all transactions on the platform have returned to normal.

    Scallop also clarified that the issue did not stem from the main protocol and was limited to a now-defunct rewards agreement. User deposits were reportedly unaffected, and deposit and withdrawal transactions continued without interruption.

    *This is not investment advice.

  • On-Chain Data in Bitcoin Is Telling Us Something—Here’s the Latest Updates

    On-Chain Data in Bitcoin Is Telling Us Something—Here’s the Latest Updates

    The latest on-chain data in the Bitcoin and cryptocurrency market continues to generate important signals about investor behavior and market structure. While the Bitcoin price is trading at $78,026, liquidation data in derivative markets and on-chain indicators present a noteworthy picture.

    Looking at the liquidation data for the last 24 hours, a total of $26.06 million worth of positions were liquidated. Of these liquidations, $18.53 million consisted of short positions, while long positions remained at $7.53 million. Thus, the fact that 71.1% of the liquidations came from short positions indicates that upward movements in the market are putting pressure on short positions and that a “short squeeze” effect is coming into play.

    A graph comparing the amount of liquidation observed in Bitcoin with its price.

    The Fear and Greed Index, which measures market sentiment, remains in the “fear” zone. Although the index value has risen to 33, it indicates a limited recovery compared to yesterday’s level of 31 and last week’s level of 27. The current level, which was 13 last month in the “extreme fear” zone, suggests a cautious improvement in investor psychology, but still reveals a distance from strong optimism.

    Related News VanEck, the Billion-Dollar Asset Manager, Announces It Has Turned Bullish on Bitcoin

    One of the most critical indicators on the on-chain side, the realized price, is currently at $54,100. The fact that Bitcoin’s current price is well above this level suggests that the market is generally profitable and that this area could act as strong support for long-term investors.

    A chart comparing the actual price of Bitcoin with the current price.

    Another important metric, the MVRV ratio, is measured at 1.43. This value indicates that the market has not yet entered the overvalued zone, but it is also moving away from its lows. Analysts note that periods when the MVRV is between 1 and 2 generally correspond to “equilibrium” and gradual upward phases. This suggests that Bitcoin is currently neither in a bubble nor in a bottom zone, but rather progressing through a medium-term growth phase.

    A graph comparing MVRV value with Bitcoin price.

    The open interest data, which indicates the size of the derivatives markets, stands at $25.19 billion. This high open interest level suggests significant leveraged trading in the market and high potential volatility. According to experts, these levels point to a “fragile” market structure where large liquidation waves could occur during sudden price movements.

    A chart comparing the BTC price to the total amount of open positions.

    *This is not investment advice.

  • South Korea Arrests Man for a Fake AI Wolf Photo That Raised Alarms

    South Korea Arrests Man for a Fake AI Wolf Photo That Raised Alarms

    In brief

    • South Korean police arrested a 40-year-old man for distributing an AI-generated photo of escaped wolf Neukgu.
    • Daejeon city issued an emergency text to residents and displayed the fake image at a press briefing.
    • The charge—obstructing official duties by deception—carries a maximum penalty of five years in prison or a fine of 10 million Korean won.

    South Korean police arrested a man Thursday for posting an AI-generated photo of an escaped wolf—an image convincing enough to fool city officials and trigger an emergency alert to thousands of residents. According to police, the stunt delayed the capture of an actual wolf, which had escaped from a zoo two weeks prior, by up to nine days.

    Daejeon Metropolitan Police charged the unnamed 40-year-old with obstructing official duties by deception, specifically for “distributing fabricated wolf sighting images created using generative AI.” When questioned, he told investigators he did it “just for fun.”

    The wolf at the center of this weird saga is Neukgu—a two-year-old male wolf that dug its way out of an enclosure at Daejeon’s O-World zoo on April 8. Neukgu also happens to be part of a program to restore the Korean wolf, a species now considered extinct in the wild on the Korean Peninsula.

    Hours after Neukgu went missing, the fake image appeared online. It appeared to show a light-brown wolf trotting through a road intersection near the zoo. The photo was convincing enough that Daejeon city government issued an emergency text to residents warning the wolf had moved toward the intersection—and displayed it at an official press briefing.

    “A single AI-manipulated image delayed the capture of the wolf by as many as nine days,” Daejeon police said. “The prolonged deployment of police and fire personnel caused significant disruption to their primary duty of protecting the public.”

    The AI generated photo of the wolf Neguku Image: BBC. Upscaled by Decrypt using AI
    The AI-generated image of the wolf in South Korea that raised alarms. Image: Upscaled by Decrypt using AI

    The hunt for Neukgu was not a minor operation. The city mobilized hundreds of firefighters, police officers, and soldiers, deploying drones and thermal cameras to track the 30-kilogram runaway. A nearby elementary school shut down over safety concerns. President Lee Jae Myung offered a public prayer for the wolf’s safe return. Neukgu kept slipping away despite multiple confirmed sightings.

    He was finally recaptured on April 17, after authorities received a tip about a sighting in a park near an expressway. Since then, Neukgu has become a local celebrity with its own meme coin—because, of course.

    Police traced the arrested man through surveillance camera analysis and AI detection software. The case adds a concrete criminal dimension to a pattern increasingly documented across emergency situations: AI-generated images spreading fast enough to redirect official response before anyone can verify them. Similar fabricated visuals hit during the 2025 LA wildfires and Hurricane Helene—but neither produced a criminal arrest linked directly to the images.

    If convicted, the man faces up to five years in prison or a fine of 10 million Korean won—about $6,700.

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  • ‘Michael’ May Be ‘Family-Friendly,’ but It’s a Movie That Taps Into Michael Jackson’s Most Powerful Creative Fuel — His Anger

    ‘Michael’ May Be ‘Family-Friendly,’ but It’s a Movie That Taps Into Michael Jackson’s Most Powerful Creative Fuel — His Anger

    The media has done a good job of talking about what’s not in “Michael.” I refer, of course, to the accusations of child sexual abuse that dogged Michael Jackson from 1993 until the day he died (and, of course, they didn’t stop then). The media has done a far less good job of talking about what’s actually in “Michael.” If you scan the coverage, you’d think that the movie was the most scrubbed and innocuous of jukebox musicals. You might think the reason it’s going to make a jillion dollars is that a lot of people are only too happy to revel in a Michael Jackson biopic that’s all greatest-hits cues and nostalgic high points: a two-hour hologram of Michael mania.

    If that’s all “Michael” was, it’s certainly possible that the film might still be breaking box-office records. Yet I think one reason for “Michael’s” extraordinary success is that it’s actually a more interesting movie than many have given it credit for. In its sanded-off middle-of-the-road biopic-of-a-supernova way, “Michael” hits an emotional chord that touches something resonant and moving about Michael Jackson and his music. The film tells a very particular story, and what that story is about is the very source of Michael Jackson’s creative power.

    “Michael” shows us an ascent to the pop stratosphere on the wings of his genius. Through it all, though, he has a major antagonist: his father, Joe (played with a hustler’s threatening authenticity by Colman Domingo), who made the Jackson 5 what they were and thinks that he owns them. Even considering what a stern taskmaster he is, there’s no reason on earth for him to take off his belt and beat the young Michael with it; that’s a display of violence worthy of a criminal. And when Michael, having turned 20, joins forces with Quincy Jones to record “Off the Wall,” which will become his breakthrough 1979 solo record (though in fact it’s his fifth solo album), he’s asserting his independence in a way that will only escalate the war of wills between himself and Joe, the Svengali dictator who thinks of his son as an indentured contract player.

    Throughout the movie, their relationship heads in one direction, and toward one thing: separation. And there’s plenty of Oedipal showbiz drama along the way, from the scene in the law office where Michael, imperious behind aviator shades, starts to feel the cold thrust of his own authority (that’s when he gets the idea to fire Joe as his manager) to the horrific aftermath of the accident that befell him during the shooting of a Pepsi commercial, a cataclysm the film presents — metaphorically — as an outgrowth of Joe’s karma, his need to destroy Michael, if necessary, in order to possess him.

    But the underlying story that “Michael” tells, in tracing Michael’s war with his father, is the saga of Michael Jackson’s anger. That’s the quality Joe’s manipulation and abuse planted in Michael. And that’s the quality we begin to see simmering under the surface of Jaafar Jackson’s performance.

    Here’s the power of it. Anger wasn’t just Michael’s (understandable) reaction to what a tyrannical cad his father was. More than that, anger became a foundation of Jackson’s creative mystique. Because when you listen to many of his key greatest songs, from “Billie Jean” to “Beat It” to “Bad” to his most unacknowledged masterpiece, “Smooth Criminal,” that’s what they’re expressing. That’s what set those songs apart. It was Michael Jackson’s anger that made them burn like a transcendent disco inferno.

    By and large, none of that is true of “Off the Wall,” a great record that brought Michael to a new peak, yet not the peak of “Thriller.” The emotion that courses through “Off the Wall” is joy — the sheer exaltation of “Don’t Stop ’til You Get Enough,” in which he might be talking about “Star Wars” or the ecstasy of love (“Keep on…with the force, don’t stop,/Don’t stop…’til you get enough”), or the dancing-on-air romanticism of “Rock with You.” But three years later, when he released “Thriller,” Jackson made an album that stood in the same relation to “Off the Wall” as the Beatles’ albums after “Rubber Soul” stood in relation to the ones before. He’d scaled the stairway of his talent to become a more visionary artist. And the defining quality of his new music, and his new image, was its electrostatic fury. In the case of “Billie Jean,” the greatest pop song of the 1980s, you might even call it rage.

    “Billie Jean” was, of course, an attack on the woman who would dare to falsely accuse Michael of being the father of her child. Yet part of what made it such an indelible song is that it was almost as if he was attacking sexuality itself (“Billie Jean is not my lover”). The anger was expressed not just in the lyrics but in the fearsome up/down domination of the beat, and in the sound of Michael’s voice — the pent-up intensity, the yelps and hiccups, the fusion of despair and vituperative passion into a phrasing so percussive it cut like a dagger (“Who will dance…on the floor…in the round”). The meaning of “Billie Jean” was also there in the molten glare he had in that video. We think of Michael Jackson as a “family-friendly” performer because that’s the image he crafted for himself, and he was indeed that thing, yet he also worked in the tradition of pop musicians who expressed a volcanic wrath that had no other outlet but song.

    “Beat It” channeled an adjacent alchemy. It was a song that decried gang violence, yet the beauty of it was that Michael condemned that violence with a stoked vengeance as agitated as that of any gangbanger. What the singing and the choreography told you was, on some level, he yearned to be one. The same way that he longed to be a monster in “Thriller” or as bad as he could be in “Bad.” His offstage persona was that of a saint: the high voice, the decorous manners, the giggly gentleness. Yet it all acted as a set-up for the funk-soul demon he unleashed in his music.

    This was brought to an apotheosis in “Smooth Criminal,” the song that was actually, in effect, the sequel to “Billie Jean.” It was built around a furious, combustible expansion of the earlier song’s beat, and told the story of a girl named Annie who was murdered. But though Michael practically wept tears for her in the chorus, the subtext was that Annie’s murder was the punishment for Billie Jean’s sin. And it was Michael, on some level, who was the smooth criminal.

    There are key moments in “Michael” where we glimpse Michael’s anger. The film is shrewd in showing us that Bubbles the chimp — a joke to most of us for decades — was, in fact, a case of Michael bringing a wild animal into his home as an act of stand back aggression against his family. And at the end, when he finally summons the force to throw Joe over, it’s a moment so liberating that it’s a thriller. Mostly, though, the story “Michael” tells is that of how Michael’s anger is tamped down, redirected, channeled. All so that it can be the pulse of his art.

  • Canadian premier wants to ban social media and AI chatbots for kids in Manitoba

    Manitoba could be the first province in Canada to establish a social media ban for kids, but the proposal’s details aren’t very clear yet. The province’s premier, Wab Kinew, announced during a fundraiser event on Saturday and on X that Manitoba would put in place a ban for social media and AI chatbots for its youth.

    “They’re doing these very awful things to kids all in the name of a few likes, all in the name of more engagement, and all in the name of money,” Kinew said at the event. “Our kids will never be for sale and their attention and their childhoods should never be profited from.”

    Kinew didn’t elaborate on the ban’s crucial details, like the specific age restriction, when it will be introduced nor how it will be enforced. CBC reported that Kinew didn’t speak to reporters after his remarks at the fundraiser.

    Besides Manitoba, the Liberal Party of Canada recently voted in favor of proposals to restrict both social media and AI chatbot use for anyone under 16 during the party’s national convention in Montreal. There are several efforts to restrict social media across Canada. One even seeks to limit those under 14 from accessing these platforms, an even younger cutoff than the ban recently enacted in Australia. However, a recent poll from the Molly Rose Foundation has cast some doubt on the effectiveness of such laws, which other countries have also adopted or are currently considering. The poll showed that a majority of teens still have accounts on banned social media platforms, or have found ways around the ban.

  • Running out of time on Clarity: State of Crypto

    Running out of time on Clarity: State of Crypto

    The crypto market structure bill has not made much public movement in a month. While making a prognosis on the bill is difficult, it’s not hard to see that the clock for passage is running out.

    You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.


    The narrative

    We won’t get the crypto market structure bill this month. That’s not the end of the process, but we’re approaching a timeline that’ll surely increase the amount of gray in people’s hair.

    Why it matters

    Much of what’s happened around market structure issues — Securities and Exchange Commission staff statements, for example — are not permanent guidance. The SEC has time to come up with rules that go through a notice-and-comment period, but that’ll take time. Market structure legislation was aimed at cementing crypto industry goals and regulations into law, making it that much more difficult for a future administration to undo those rules. In other words, without the Clarity Act, it’s entirely possible that we’ll have this same conversation in a few years. To be clear, this isn’t advocating for this bill, much as I might wish to write about anything else. This is just stating a likely future scenario.

    Breaking it down

    Memorial Day — May 25, or just about a month from now — has been seen since at least last December as a “drop-dead” date for legislation to advance, if it is to have a chance at passage before the election. As we get into the summer, lawmakers are going to leave town to run their campaigns and won’t have time to worry about a crypto bill (or much other legislation).

    Before Congress leaves, it’s going to take up a bill to fund the Department of Homeland Security (House) and figure out if Kevin Warsh will become the next Fed chair (Senate).

    CoinDesk’s Jesse Hamilton laid out the other steps necessary to get Clarity across the finish line — i.e. President Donald Trump’s desk — last week.

    The crypto industry desperately wants this bill; more than 100 signed an open letter last week urging a markup hearing in the Senate Banking Committee, which would be the first step toward overall passage.

    Still, at this point it’s unclear how close the committee is to moving forward. Stablecoin yield continues to dominate the conversation, but other outstanding issues have not been resolved either, at least publicly.

    Even when these issues are resolved, the House will need to vote again on the bill.

    Congressman French Hill, who chairs the House Financial Services Committee, told CoinDesk earlier this month that many of the outstanding issues around sales practices for stablecoins and decentralized finance had already been sorted out by the House in its version of the bill, meaning the Senate should be able to find common ground.

    “I think the Senate’s relayed quite a bit on the House work on both FIT21 [the Financial Innovation and Technology for the 21st Century Act] from the previous Congress and CLARITY in this Congress,” he said. “I think you see that quite clearly in the Senate Agriculture markup, I think you see that in the basic draft of many of the components in the Senate bill.”

    And, well, not to plug Consensus Miami again, but we are going to be discussing this next month. It’ll be a party, you should swing by.

    This week

    • There are no major hearings or policy events scheduled, though the Senate Banking Committee may notice a vote on Kevin Warsh’s nomination for Fed Chair.

    If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Bluesky @nikhileshde.bsky.social.

    You can also join the group conversation on Telegram.

    See ya’ll next week!

  • Accused shooter was targeting Trump and US officials, authorities say

    Accused shooter was targeting Trump and US officials, authorities say

    President Donald Trump says suspect wrote an anti-Christian declaration and is ‘sick guy’.

    United States authorities believe a gunman who is accused of trying to storm the White House Correspondents’ Association dinner was targeting US President Donald Trump and members of his administration, acting Attorney General Todd Blanche says.

    Blanche said on Sunday that authorities believe the suspect travelled from California to Washington, DC, by train via Chicago.

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    Shots were fired on Saturday evening near the ballroom where the dinner was being held as Secret Service agents subdued the gunman and as Trump, top government officials and hundreds of journalists attended the event.

    Investigators have not publicly named the suspect, but multiple US media outlets have identified him as Cole Tomas Allen, 31, of Torrance, California.

    Trump told Fox News that the family of the suspect raised concerns about him to local police before the event. The president also told the TV news channel that the accused man had written an anti-Christian declaration.

    “The guy is a sick guy,” he told Fox News. “When you read his manifesto, he hates Christians.”

    Law enforcement officials who made initial examinations of the suspect’s electronic devices and his writings believe he intended to target Trump administration members in attendance at the dinner.

    “It does appear that he did in fact set out to target folks who work in the administration, likely including the president,” Blanche told the NBC TV network.

    The suspect is believed to have bought the two firearms he carried with him on Saturday night in the past couple of years, the attorney general said. He is not being cooperative with law enforcement and is expected to face multiple charges on Monday, Blanche said.

    Social media posts that appear to match the suspect show he is a highly educated tutor and amateur video game developer with multiple degrees in computer science and mechanical engineering.

    Video posted by Trump showed the suspect running past security barricades as Secret Service agents ran towards him. One officer in a bullet-resistant vest was shot but was recovering, officials said. The gunman was taken into custody and was not injured but was taken to hospital to be evaluated, police said.

    Outside the hotel, members of the National Guard and other authorities flooded the area as helicopters circled overhead.

    Trump used the incident to push his plans to construct a large ballroom next to the White House, a plan that has faced legal challenges and that polls indicate most Americans oppose.

    “What happened last night is exactly the reason that our great Military, Secret Service, Law Enforcement and, for different reasons, every President for the last 150 years, have been DEMANDING that a large, safe, and secure Ballroom be built ON THE GROUNDS OF THE WHITE HOUSE,” Trump wrote on his Truth Social platform on Sunday.

    The $400m ballroom has become a passion project for Trump during his second term.

    Trump was unusually conciliatory after what he saw as a third attempt on his life in less than two years, calling for unity and bipartisan healing.

  • ‘Michael’ May Be ‘Family-Friendly,’ but It Taps Into Michael Jackson’s Most Powerful Creative Fuel — His Anger

    ‘Michael’ May Be ‘Family-Friendly,’ but It Taps Into Michael Jackson’s Most Powerful Creative Fuel — His Anger

    The media has done a good job of talking about what’s not in “Michael.” I refer, of course, to the accusations of child sexual abuse that dogged Michael Jackson from 1993 until the day he died (and, of course, they didn’t stop then). The media has done a far less good job of talking about what’s actually in “Michael.” If you scan the coverage, you’d think that the movie was the most scrubbed and innocuous of jukebox musicals. You might think the reason it’s going to make a jillion dollars is that a lot of people are only too happy to revel in a Michael Jackson biopic that’s all greatest-hits cues and nostalgic high points: a two-hour hologram of Michael mania.

    If that’s all “Michael” was, it’s certainly possible that the film might still be breaking box-office records. Yet I think one reason for “Michael’s” extraordinary success is that it’s actually a more interesting movie than many have given it credit for. In its sanded-off middle-of-the-road biopic-of-a-supernova way, “Michael” hits an emotional chord that touches something resonant and moving about Michael Jackson and his music. The film tells a very particular story, and what that story is about is the very source of Michael Jackson’s creative power.

    The Michael the movie shows us ascends to the pop stratosphere on the wings of his genius. Through it all, though, he has a major antagonist: his father, Joe (played with a hustler’s threatening authenticity by Colman Domingo), who made the Jackson 5 what they were and thinks that he owns them. Even considering what a stern taskmaster he is, there’s no reason on earth for him to take off his belt and beat the young Michael with it; that’s a display of violence worthy of a criminal. And when Michael, having turned 20, joins forces with Quincy Jones to record “Off the Wall,” which will become his breakthrough 1979 solo record (though in fact it’s his fifth solo album), he’s asserting his independence in a way that will only escalate the war of wills between himself and Joe, the Svengali dictator who thinks of his son as an indentured contract player.

    Throughout the movie, their relationship heads in one direction, and toward one thing: separation. And there’s plenty of Oedipal showbiz drama along the way, from the scene in the law office where Michael, imperious behind aviator shades, starts to feel the cold thrust of his own authority (that’s when he gets the idea to fire Joe as his manager) to the horrific aftermath of the accident that befell him during the shooting of a Pepsi commercial, a cataclysm the film presents — metaphorically — as an outgrowth of Joe’s karma, his need to destroy Michael, if necessary, in order to possess him.

    But the underlying story that “Michael” tells, in tracing Michael’s war with his father, is the saga of Michael Jackson’s anger. That’s the quality Joe’s manipulation and abuse planted in Michael. And that’s the quality we begin to see simmering under the surface of Jaafar Jackson’s performance.

    Here’s the power of it. Anger wasn’t just Michael’s (understandable) reaction to what a tyrannical cad his father was. More than that, anger became a foundation of Jackson’s creative mystique. Because when you listen to many of his key greatest songs, from “Billie Jean” to “Beat It” to “Bad” to his most unacknowledged masterpiece, “Smooth Criminal,” that’s what they’re expressing. That’s what set those songs apart. It was Michael Jackson’s anger that made them burn like a transcendent disco inferno.

    By and large, none of that is true of “Off the Wall,” a great record that brought Michael to a new peak, yet not the peak of “Thriller.” The emotion that courses through “Off the Wall” is joy — the sheer exaltation of “Don’t Stop ’til You Get Enough,” in which he might be talking about “Star Wars” or the ecstasy of love (“Keep on…with the force, don’t stop,/Don’t stop…’til you get enough”), or the dancing-on-air romanticism of “Rock with You.” But three years later, when he released “Thriller,” Jackson made an album that stood in the same relation to “Off the Wall” as the Beatles albums after “Rubber Soul” stood in relation to the ones before. He’d scaled the stairway of his talent to become a more visionary artist. And the defining quality of his new music, and his new image, was its electrostatic fury. In the case of “Billie Jean,” the greatest pop song of the 1980s, you might even call it rage.


    “Billie Jean” was, of course, an attack: on the woman who would dare to falsely accuse Michael of being the father of her child. Yet part of what made it such an indelible song is that it was almost as if he was attacking sexuality itself (“Billie Jean is not my lover”). The anger was expressed not just in the lyrics but in the fearsome up/down domination of the beat, and in the sound of Michael’s voice — the pent-up intensity, the yelps and hiccups, the fusion of despair and vituperative passion into a phrasing so percussive it cut like a dagger (“Who will dance…on the floor…in the round“). The meaning of “Billie Jean” was also there in the molten glare he had in that video. We think of Michael Jackson as a “family-friendly” performer, because that’s the image he crafted for himself, and he was indeed that thing, yet he also worked in the tradition of pop musicians who expressed a volcanic wrath that had no other outlet but song.

    “Beat It” channeled an adjacent alchemy. It was a song that decried gang violence, yet the beauty of it was that Michael condemned that violence with a stoked vengeance as agitated as that of any gangbanger. What the singing, and the choreography, told you was: On some level he yearned to be one. The same way that he longed to be a monster in “Thriller” or as bad as could be in “Bad.”” His offstage persona was that of a saint: the high voice, the decorous manners, the giggly gentleness. Yet it all acted as a set-up for the funk-soul demon he unleashed in his music.

    This was brought to an apotheosis in “Smooth Criminal,” the song that was actually, in effect, the sequel to “Billie Jean.” It was built around a furious combustible expansion of the earlier song’s beat, and told the story of a girl named Annie who was murdered. But though Michael practically wept tears for her in the chorus, the subtext was that Annie’s murder was the punishment for Billie Jean’s sin. And it was Michael, on some level, who was the smooth criminal.

    There are key moments in “Michael” where we glimpse Michael’s anger. The film is shrewd in showing us that Bubbles the chimp — a joke to most of us for decades — was, in fact, a case of Michael bringing a wild animal into his home as an act of stand back aggression against his family. And at the end, when he finally summons the force to throw Joe over, that’s a moment so liberating it’s a thriller. Mostly, though, the story “Michael” tells is that of how Michael’s anger is tamped down, redirected, channeled. All so that it can be the pulse of his art.

  • Bitcoin (BTC) Options and Technical Data Point to a Single Price Level: “If This Level Is Breached, a Breakout Will Begin”

    New analyses of Bitcoin’s short-term price dynamics in the cryptocurrency markets reveal that the $80,000 level is a critical threshold. According to analysts, breaking above this level could lead to a significant increase in market volatility.

    According to an assessment shared by on-chain data analyst Murphy, when indicators such as gamma exposure in the options market, open interest relative to the strike price, and break-even implied volatility (IV) are considered together, the $80,000 level stands out as the first significant resistance point for Bitcoin. A high volume of open call options, a positive gamma structure, and low implied volatility are noteworthy at this level.

    According to the analysis, dynamic hedging by market makers during price increases can increase selling pressure. In particular, a low IV environment can increase sensitivity to hedging, making price movements sharper. Data shows that there are approximately 7,200 $BTC open positions at the $80,000 level, supported by positive gamma.

    Related News VanEck, the Billion-Dollar Asset Manager, Announces It Has Turned Bullish on Bitcoin

    However, experts argue that $80,000 does not represent the ultimate peak. If the Bitcoin price surpasses this level and approaches $82,000, the market structure could change rapidly. It is stated that with the negative gamma effect coming into play, corresponding to approximately 4,644 $BTC of open positions in this region, selling pressure could give way to sharper and more directionless price movements, meaning increased volatility.

    In conclusion, analysts state that the $80,000 level is not only a technical resistance but also a critical threshold where dynamics stemming from derivative markets intensify, and that a break above this level could lead to a more volatile price structure for Bitcoin.

    *This is not investment advice.

  • Oz Pearlman Reveals Magic Trick Performed on Karoline Leavitt Before White House Correspondents’ Dinner Shooting

    Oz Pearlman Reveals Magic Trick Performed on Karoline Leavitt Before White House Correspondents’ Dinner Shooting

    Mentalist Oz Pearlman, who hosted the White House Correspondents’ Association dinner Saturday night, is revealing the magic trick he performed on Karoline Leavitt moments before shots were fired.

    Pearlman was seen speaking with the White House press secretary and First Lady Melania Trump, who was sitting next to President Donald Trump, and then showing them a mysterious piece of paper. Moments later, they all ducked to the ground behind the table on stage, before Trump and Melania were rushed out of the Washington Hilton ballroom.

    ABC News chief Washington correspondent Jonathan Karl later caught up with the mentalist, who revealed what was written on the paper.

    “Karoline Leavitt, the press secretary, said, ‘Challenged me. I’m having a baby next week.’ We were talking about it because we both have children, and she goes, ‘Can you guess what I’m naming my daughter?’ And so this was happening backstage,” he said. “We were interrupted because the president walked in. And so I said, ‘Let’s save it for when we get up on the dais.’”

    Pearlman later went on stage to introduce himself to Trump and Melania, and that’s when he performed the magic trick on Leavitt, with the president and first lady also watching closely.

    “I was coming to say hello to the president and to the first lady, and I was guessing letter by letter how many letters were in [Leavitt’s unborn child’s] name,” he recalled. “Then right at the moment where you see it happen, I wrote down the name and I said, ‘How did I do?’ And I turned around and that’s when you see the first lady go, ‘Oh! Is that the name?’”

    However, before Leavitt could confirm if Pearlman was correct, a gunman stormed into the ballroom shooting. The suspect, later identified as 31-year-old Cole Tomas Allen, reportedly charged through a security checkpoint and into the Washington Hilton ballroom with multiple weapons.

    U.S. Attorney Jeanine Pirro confirmed in a press briefing that the suspect will be charged with using a firearm and assaulting a federal officer with a dangerous weapon, and that there will likely be “many more charges” to come. Trump also shared at a separate news conference at the White House that an officer was shot but saved by a bulletproof vest.

    Once the scene was under control, Pearlman told Karl that Leavitt gave him permission to share the name he had written on the paper.

    He said, “I believe the name is Vivian. So yeah, that’s what I guessed.”