Author: rb809rb

  • Cryptocurrency Fear and Greed Index Enters ‘Greed’ Zone! What Does It Mean? Here Are the Details

    Cryptocurrency Fear and Greed Index Enters ‘Greed’ Zone! What Does It Mean? Here Are the Details

    The Fear and Greed Index, a key indicator measuring investor sentiment in the cryptocurrency market, continues its upward trend. According to data published by CoinMarketCap, the index rose to 61 in the latest measurement, a 4-point increase compared to the previous day. This level indicates that the markets have entered a “greed” zone.

    The index in question takes values between 0 and 100. A level of 0 signifies “extreme fear,” while a level of 100 indicates “extreme optimism.” The current value of 61 points shows that investors’ appetite for risk has increased and positive expectations in the markets are gaining strength. Analysts note that such increases generally parallel rising demand and price expectations.

    The index is calculated using multiple data sets. These include indicators such as the price movements of the top 10 crypto assets by market capitalization, overall market volatility, put/call ratios in derivative markets, and stablecoin supply ratio (SSR). CoinMarketCap’s own search data is also included to measure investor interest.

    Experts emphasize that while a rise in the index could be a positive signal for the market in the short term, excessive optimism can sometimes increase the risk of corrections. Therefore, investors should pay attention not only to sentiment indicators but also to other factors such as macroeconomic developments and technical analysis.

    Looking at the overall picture, it appears that optimism is regaining strength in the crypto market and investor confidence is gradually recovering.

    *This is not investment advice.

  • More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

    More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

    Web3 gaming burned through up to $15 billion chasing a token-driven future that gamers never bought into.

    Data from Caladan, a market-making and trading firm, shows roughly 93% of so-called GameFi projects are now effectively dead, with token values down about 95% from their 2022 peaks and funding to studios collapsing 93% by 2025.

    Investors and studios poured billions into tokens and non-fungible tokens (NFTs) before building blockchain-based games containing tradable properties. Then capital shifted into AI, asset tokenization and infrastructure, and more than 300 games shut down, turning Web3 gaming into a cautionary tale about chasing speculation over product-market fit.

    “Capital was destroyed at every layer simultaneously,” the report states, pointing to venture capital, retail $NFT buyers, gaming guilds and Telegram’s 300-million-user tap-to-earn wave as parallel casualties. Hamster Kombat alone lost 96% of its users within six months of launch. YGG, the flagship gaming-guild token, trades 99.6% below its November 2021 peak.

    Individual post-mortems are brutal. Pixelmon raised $70 million in a 2022 $NFT mint and, four years on, still has no public game. Ember Sword burned through $18 million over seven years of development before shutting down last May with no refunds. Gala Games is embroiled in a lawsuit alleging its co-founder diverted $130 million in tokens. Square Enix quietly wound down its Symbiogenesis experiment last July.

    Structural mismatch

    The failure wasn’t just a bad cycle or weak execution. The data indicate it was a structural mismatch between a model built around financial incentives and an audience that consistently signaled it wanted entertainment instead.

    At the heart of the boom was GameFi, the play-to-earn model that turned gameplay into a financial feedback loop.

    Players bought tokens or NFTs, earned rewards in those same assets, and cashed in as long as newcomers kept piling in. Once the inflows slowed, the math broke down. Token prices slumped, rewards thinned out, and users walked away — dragging entire in-game economies down with them.

    Axie Infinity, the sector’s one-time flagship, watched daily active users crater from roughly 2.7 million at the peak to around 5,500 today, according to DappRadar data.

    The demand side never caught up with the flood of capital. Even at the height of the mania, just 12% of gamers had tried a crypto game, according to a Coda Labs survey, cited by Caladan.

    Capital allocation made the problem worse. Studios raised tens or hundreds of millions of dollars before shipping viable products, removing the pressure to build games that could retain players.

    The most telling data point may be where the money went instead. Gaming commanded 62.5% of all Web3 venture investment in 2022; by 2025, its share had collapsed to single digits as AI, real-world-asset tokenization and layer-2 infrastructure absorbed the displaced capital.

    Even Animoca Brands, the sector’s most prolific backer, has cut gaming to roughly 25% of its portfolio and is pivoting to stablecoins, RWAs and AI.

    At the same time, development timelines stretched three to five years, while tokens traded in real time and demanded constant momentum. By the time many projects were ready to launch, their associated tokens had already collapsed.

    The result is a sector that expanded rapidly on speculative demand and contracted just as quickly when that demand faded. More than 300 blockchain games have shut down, according to DappRadar, and remaining investment has shifted away from titles toward infrastructure.

    What was once pitched as the future of gaming now looks more like a cautionary example of what happens when financial engineering runs ahead of product market fit.

  • Peacock May Turn Profit, Finally, Next Quarter

    Peacock May Turn Profit, Finally, Next Quarter

    NBCUniversal‘s streaming platform Peacock may finally turn a profit next quarter, Comcast co-CEO Mike Cavanugh signaled on Thursday. The June quarter would mark Peacock’s first-ever profit; the streamer was soft-launched in spring 2020 and hard-launched in summer 2020. Due to the COVID-19 pandemic, Peacock’s rollout, timed to the Summer Olympics, was stunted. Those 2020 summer games finally happened the following year.

    Comcast CFO Jason Armstrong told analysts on an earnings call that the streamer has seen a “meaningful inflection point with Peacock expected to approach profitability” in the near-term.

    Peacock lost $432 million in the first quarter of 2026, which measures January through March. The platform reached 46 million subscribers by March 31, 2026. Turning a profit out of what is the current quarter would be quite the swing.

    There is reason for the optimism. Peacock’s first quarter was marred by the recognition of half the NBA season costs consolidated into a three-month period (because half of Peacock’s games were scheduled from January 1-March 31). The second quarter will carry about half the hoops cost of the first — about 25 percent of Peacock’s NBA games came in Q4 2025 and a similar amount tip off in Q2 2026.

    Overall Q1 revenue at the streaming platform came to $2.0 billion, up from $1.2 billion in the year-ago period and $1.6 billion in the fourth quarter of 2025, driven by increased paid subscribers and higher average rates. Peacock had a hell of a February, dubbed “Legendary February” by NBCUniversal, with the Winter Olympics, Super Bowl LX and the NBA’s All-Star Weekend all consolidated into a few-week period. At the end of 2025, Peacock had 44 million subs.

    The first quarter of this year marked NBCU’s separation from Versant. At its most basic, NBCUniversal (under Comcast) keeps NBC, Bravo, Peacock and the studios. Versant got the cable leftovers and the digital assets.

  • John Carney on Landing “Inscrutable” Nick Jonas  for His Latest Music-Centric Movie ‘Power Ballad’

    John Carney on Landing “Inscrutable” Nick Jonas for His Latest Music-Centric Movie ‘Power Ballad’

    “I’m always on the lookout for interesting characters that suggest a world,” says John Carney, the director behind music-driven films like Once and Sing Street.

    Having dedicated himself to being a cinematic chronicler of music and the people who make it, Carney has carved out a unique in-between space as a storyteller. A self-professed “failed band guy,” he picked up a camera and focused it on his onetime creative passion. Carney is a musician’s filmmaker; a bard for the bards.

    After breaking out with indie Once, a movie about an Irish busker and a Czech immigrant pianist recording music together that landed an Oscar for best original song, he made movies about the second chances made possible by music (Begin Again), the triumph and torment of first bands (Sing Street) and the therapeutic prospects of a guitar (Flora and Son). Now, he is heading back to theaters with Power Ballad, out in a limited release on May 29 before expanding nationwide on June 5.

    The character that inspired Power Ballad was a 40-something dad in a Dublin suburb that the director happened to spot one day. He was wearing leather boots, carrying a guitar and semi-successfully loading his daughter into the backseat of the family car. Says Carney, “He had the walk of a rock star, but like a rock star for whom it hadn’t happened.”

    “He was just this guy who just kind of does what every writer is looking for, which is just throw a ton of questions at you that you need to answer,” Carney tells The Hollywood Reporter. “When did he say, ‘I’m okay with not being Bono?’”

    With this in mind, Carney, along with his co-writer Peter McDonald, created Rick, a onetime touring rocker who, on a stop in Dublin, met the love of his life, settling down with a wife and daughter and a new gig as the frontman to a modestly successful wedding band. Overall, Rick is content, if not fully satisfied with his life’s trajectory.

    Carney wanted to put Rick in conflict with a person who had the outward trappings of a life that Rick dreamed of for himself. Enter Danny, a massively popular former boy band-er having his own existential crisis, trying to figure out his next creative step as a solo artist. They come together during an alcohol-fueled jam session, after which Danny turns one of Rick’s songs into a chart topping hit, setting Rick on a quest to track down Danny and claim the credit he feels is deserved.

    The storytelling potential of Rick and Danny’s juxtaposing circumstances appealed to Carney. He says, “I thought it was really interesting to meet a younger version of yourself and to give that person advice and to tell them what you had learned. But, the funny thing is, the person that you’re talking to is doing better than you.”

    Early on, Paul Rudd was attached to play Rick. When looking for his Danny, Carney was aiming for a certain level of real-life musical bona fides. He explains, “Paul playing a singer in Ireland is already a slight push, but it’s one that the audience will allow. I can’t ask them to do it twice.”

    To Carney, it’s a hard to find an actor that can convincingly play a musician who has reached the most rarified spaces of musical success. “A film, which will remain nameless, came out and it had an actor playing a singer, and it was so bad. Clearly, this actor was acting out what it was like to be a boy-band guy. And he was a good actor! So, it wasn’t that,” the director says.

    Finding an actor who also happens to have spent a fair amount of time as an uber successul musician is a difficult task. But, with this ultra-specific remit, the ideal casting became clear.

    Nick Jonas has an inner working that’s going on all the time. He’s inscrutable,” says the director of the longtime singer-songwriter, whose acting credits include the Jumanji film franchise. “He brings a certain kind of mysterious, enigmatic reality and truth to the character that we really needed.”

    Even still, Carney was told it was a “bad idea” to cast Jonas, who came-of-age as one-third of the pop rock bank the Jonas Brothers. He explains, “A lot of people in Ireland did think that there’s something a little bit novelty about the Jonas Brothers. European audiences are a little bit more precious.” Others warned the director that Jonas’ presence could overshadow the film.

    By the time everyone was on set in Dublin, the filmmakers knew they had made the right casting choice. “Nick played this character really small. He didn’t come in going, ‘Hey, I’m the boy band guy!’ Then you realize that’s what those guys — those superstars, since they’ve been seven years old — have. It’s quiet,” Carney adds. “He wants to go and play golf and have a nice whiskey and talk about the part and go to bed early and call his daughter and his wife. That’s what being a massive boy band star is like, really.”

    Film critics at SXSW, where Power Ballad had its U.S. premiere this March, took note of Jonas’ performance. “You don’t have to be familiar with Jonas’ actual career as a pop star to be dazzled by Danny’s innate magnetism,” reads The Hollywood Reporter’s review.

    Watching Power Ballad, audience sympathies toggle back-and-forth between Rudd’s Rick and his quest for credit and Jonas’ Danny, with his desire for legitimacy. “Nobody is fully the person that they wanted to be in a way,” says the director, who pauses before adding, “Actually, except rock stars.”

    Check out Paul Rudd and Nick Jonas as Rick and Danny in the latest trailer for Power Ballad below.

  • Xiaomi’s New MiMo 2.5 Pro AI Can See, Hear, and Act—All in One Model

    Xiaomi’s New MiMo 2.5 Pro AI Can See, Hear, and Act—All in One Model

    In brief

    • Xiaomi unveiled MiMo-V2.5 and V2.5-Pro, combining text, image, audio, and video capabilities into a single multimodal AI model.
    • The Pro version rivals top frontier models in coding and agentic benchmarks, while significantly improving token efficiency and cost.
    • The new models mark Xiaomi’s rapid AI push, with open-source plans and aggressive iteration following strong adoption on platforms like OpenRouter.

    Xiaomi just launched a new AI model family. Again.

    A few weeks ago, the company dropped MiMo-V2-Pro—a trillion-parameter model that had been quietly circulating on OpenRouter under the alias “Hunter Alpha” before Xiaomi revealed its identity. It went from anonymous to top-tier overnight. We tested it, and it was impressive.

    Now Xiaomi is back with MiMo-V2.5 and MiMo-V2.5-Pro, a two-model family that adds something the previous generation never had in a single package: eyes, ears, and the ability to process video. Oh, and the company plans to open source the models in the near future.

    The V2-Pro was text-and-code only. Multimodal capability existed in its sibling model, MiMo-V2-Omni, but that was a separate product at lower benchmark scores. MiMo-V2.5 collapses all of that into one model—faster, more capable, and with native image, video, and audio understanding baked in from the start.

    That matters more than it might sound for regular users. For example, now you can upload a photo of your fridge and ask it to suggest dinner recipes. Drop in a video tutorial and get a step-by-step summary. Record a meeting and have it pull out action items. All in one place, without juggling separate tools and separate models with different pricing strategies.

    Xiaomi claims MiMo-V2.5-Pro represents “a major leap from MiMo-V2-Pro in general agentic capabilities, complex software engineering, and long-horizon tasks,” and says it now matches frontier models like Claude Opus 4.6 and GPT-5.4 across most coding and agent benchmarks. The numbers largely back that up—with some gaps still visible on harder reasoning tasks.

    The base and pro models serve different purposes. MiMo-V2.5-Pro is the heavy lifter. Xiaomi says it can “autonomously complete professional tasks involving 1,000+ tool calls, work that would take human experts days.” That’s for developers running complex, multi-step automated workflows. It runs at 60–80 tokens per second and costs $1.00 input / $3.00 output per million tokens.

    MiMo-V2.5 is the everyday version. Faster (100–150 tokens per second), cheaper ($0.40 input / $2.00 output), and supports all modalities—image, audio, and video that the Pro-only tier skips. Both models carry a 1M-token context window, meaning they can hold roughly 750,000 words in a single conversation.

    On SWE-bench Pro—a coding benchmark where models fix real bugs in actual startup codebases, scored as a pass rate out of 100—MiMo-V2.5-Pro resolves 57.2% of tasks. That’s near the top of the field; the average model manages around 25%. The story is similar on τ3-bench and ClawEval, where it lands within a few points of Claude Opus 4.6 and GPT-5.4. The gap opens up on Humanity’s Last Exam, a gauntlet of graduate-level problems across dozens of academic fields: MiMo scores 48.0% versus GPT-5.4’s 58.7—a 10-point deficit that’s hard to paper over..

    Where it genuinely stands out is token efficiency. Xiaomi says MiMo-V2.5-Pro uses 42% fewer tokens than Kimi K2.6 at equivalent benchmark scores, and MiMo-V2.5 uses nearly half the tokens of Muse Spark for similar results. For anyone running these at scale—developers processing thousands of requests daily—that difference is real money.

    On multimodal tasks, MiMo-V2.5 scores show results that put it on par with GPT/5.4 and Gemini 3.1 Pro, and are quite close to Opus 4.6 standards.

    Since December 2025, Xiaomi has completed three major model releases: First, it released its efficient MiMo-V2-Flash, then the V2-Pro/Omni/TTS trio in March, and now the V2.5 series today. The company committed at least $8.7 billion in AI investment over the next three years, announced by CEO Lei Jun the day after V2-Pro launched—and the release cadence suggests that the budget is already moving.

    Context also helps explain the speed. According to Digital Applied, as of early April, Xiaomi’s models accounted for roughly 21% of all traffic on OpenRouter—growing over 42% in the last 7 days. When your previous model becomes one of the most competitive models in the world’s largest AI routing platform, you have both the resources and the pressure to iterate fast.

    This was probably due to the boom of the agentic AI tool Hermes and its arrangement with Xiaomi, giving users free access to MiMo v2 Pro for a limited time. That timeframe is already closed, but the hype was enough to put Xiaomi in the game field.

    Those who want to use Hermes for free now can test the new Step 3.5 flash with the Nous API or use OpenRouter with free models but more limited usage.

    Token plan pricing also got a refresh. MiMo-V2.5 runs at a 1x credit rate; MiMo-V2.5-Pro at 2x. Xiaomi is no longer charging an extra multiplier for using the full 1 million-token context window, which makes long-document analysis noticeably cheaper. Existing users also get a full credit reset as a launch bonus.

    Xiaomi says the model is available in its AI Studio. We tried to access it there immediately after launch—no luck. It is, however, already live via the Xiaomi MiMo API, which is where most developers will actually use it.

    The company says it’s already training the next generation, with “deeper reasoning, tighter tool integration, and richer real-world grounding.” At the rate Xiaomi is moving, that announcement is probably closer than you’d expect.

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  • Las Palmas at 25: Spanish Festival Sharpens Bet on Discovery and Film History

    Las Palmas at 25: Spanish Festival Sharpens Bet on Discovery and Film History

    The Las Palmas de Gran Canaria International Film Festival heads into its 25th edition with a lineup that plays to its long-established strengths: auteur discovery, film buff rigor and a programming vision that keeps new work and film history in constant dialogue and gives an originality to the Canary Island festival.

    Running April 23-May 3, the Canary Islands event returns with more than 100 titles spanning competition, retrospectives, live-score screenings and special focuses.

    That underlying idea is also how director Luis Miranda describes the festival.

    “We are recognized for having good instincts when it comes to putting the spotlight on films and filmmakers that somehow define the state of the art, often from a certain periphery,” he ​s​ays. “And more and more, what motivates us is to approach that from the position of film history.”

    Essentially, he ​s​ays, “more than an editorial line as such, what moves us is cinephilia​,”​ an impulse ​that runs through the whole edition.

    Programming as Argument

    Las Palmas is not treating film history as a secondary layer added onto newer work. It is using restoration, retrospectives, silent film with live accompaniment and current festival titles as parts of a single programming proposal.

    The Official Section remains the center of that design. This year it comprises 10 features and 15 shorts, all Spanish premieres, with the festival framing the selection around identity and belonging.

    Still, Miranda’s explanation of the lineup is less thematic than instinctive.

    “What interests us is not really the representation of topics or styles or genres,” he ​s​ays. “What ends up making us choose certain films is the feeling that there is a genuinely sincere effort there.”

    That distinction also helps explain how Las Palmas reads the contemporary festival scene.

    Miranda spoke openly about what he sees as a growing standardization in prestige cinema, where financing patterns and festival expectations can push filmmakers toward recognizable, already sanctioned forms.

    “For years now, we’ve been worried by a certain domestication of creativity,” he ​s​ays. “There is too much festival-school cinema, films that seem made out of excessive respect for already prestigious forms, and that has become too model-based, too repetitive.”

    ​The result is a selection strategy built less around familiar festival markers than on the force and specificity of each film. 

    The Bi Gan Focus

    The anniversary edition’s highest-profile special focus is reserved for Chinese filmmaker Bi Gan, who receives the Lady Harimaguada de Honor.

    The accompanying “Bi Gan Blues” sidebar includes “Kaili Blues,” which won Las Palmas’ top prize in 2016, “Long Day’s Journey Into Night” and his latest feature, “Resurrection,” which Bi Gan will present in person from April 29.

    “If there is one film that represents what cinema can do today, it is ‘Resurrection,’” Miranda ​s​ays. “It is really a love song to cinema.”

    Bi Gan’s celebration also includes two titles he selected: Fei Mu’s “Spring in a Small Town” and Jia Zhangke’s “The World.” 

    Rethinking Panorama España

    One of this year’s most concrete changes comes in “Panorama España,” a section that already existed within the festival but has been reformulated for 2026. It has opened itself to titles already shown elsewhere in Spain or internationally, provided they have not screened in the Canary Islands. It will also be judged by a Young Jury.

    ​Together, the two changes suggest a festival putting less emphasis on premiere status and more on access, local relevance and audience-building. 

    “Quite simply, the objective is that they can be seen here,” Miranda ​s​ays.

    The initiative has practical consequences. It broadens the field of choice for the section and allows the festival to bring significant recent Spanish films to island audiences even when those titles are no longer new by strict premiere logic.

    That same push toward audience renewal also shapes one of the edition’s most visible gestures: free screenings for people who are 25, or turning 25, this year.

    The move is partly symbolic, but it also reflects a real difficulty many festivals are facing in bringing younger viewers into the fold.

    “It was an idea that also comes from a kind of self-defense,” he says. “We are concerned about younger attendance.”

    ​M​iranda considers that younger viewers consume huge amounts of audiovisual material, but often feel more distant from the cinephile and historical narratives that shaped 20th-century film culture.

    ​The idea suggests a broader concern about audience renewal and the need to bring younger viewers into the fold. 

    Other sidebars deepen that conversation. Camera Obscura opens the festival with F.W. Murnau’s “Faust” accompanied live by​ psychedelic band GAF y La Estrella de la Muerte. The section also ​t​akes in Japanese silent titles with benshi performance by Ichiro Kataoka and newly composed music.

    Déjà Vu, mounted this year as a restored treasures program in collaboration with the Film Heritage Foundation, turns toward South Asian classics, including works by Satyajit Ray, Bimal Roy and Shyam Benegal.

    ​Banda Aparte, historically the festival’s most radical section, has also been restructured. It is no longer competitive and ​t​his year combines a retrospective devoted to Chilean filmmaker Ignacio Agüero ​a​nd, under the banner “Presente Indómito,” a grouping of experimental titles including the Spanish premieres of Michal Kosakowski’s “Holofiction” and Isabel Pagliai’s “Fantaisie.”

    Panorama continues to serve as a current-viewing window onto the auteur circuit, while Canarias Cinema returns with four features and 14 shorts tied to the archipelago.

    The ​festival’s opening days also make room for direct industry conversation, as Jornadas del Oficio Cinematográfico returns for its sixth edition with conversations and panels featuring high-profile film auteurs and actors such as Oliver Laxe, Javier Cámara, Laia Costa, Asier Etxeandia, Alberto Rodríguez and Albert Serra.

    For Miranda, the essence of a festival still lies in “the desire to talk about cinema.”

    At 25, Las Palmas is refining the qualities that have long defined it: building a program where current work, restored cinema and repertory titles illuminate each other, and where selection itself is treated as a form of montage.

    “What we want is for everything to interact with everything else,” he says. “A festival is a kind of montage of films.”

    If the festival’s broader identity is built through the interplay of retrospectives and sidebars, the Official Section remains its most distilled statement. What follows is a closer view of the 10 features in competition.

    “17” (Kosara Mitić, North Macedonia, Serbia, Slovenia)
    Sold by Paris-based Totem Films, “17” follows a teenage girl carrying a secret who witnesses the sexual assault of a classmate on a school trip. A Berlinale Perspectives player, the film centers on silence, complicity and survival in the wake of that event. The project had already drawn industry attention at Sarajevo’s CineLink Work in Progress.

    “Everything Else Is Noise” (“Todo lo demás es ruido,” Nicolás Pereda, Mexico, Germany, Canada)
    Set around a composer giving a furtive TV interview at a friend’s house, the film unfolds through power cuts, interruptions and unexpected presences. It turns on prestige, marriage and female friendship, in line with Pereda’s long-running work between fiction and documentary. Structured as a tri-country co-production, it premiered in the Berlinale Forum.

    “Forest Up in the Mountain” (“Bosque arriba en la montaña,” Sofía Bordenave, Argentina)
    Revisiting the 2017 killing of young Mapuche Rafael Nahuel by Argentina’s Naval Prefecture, this documentary, which premiered in Berlin, uses archival material to place the case within a longer history of violence against Indigenous communities. Bordenave’s previous work includes “The Good Night” and “Red Star.”

    “How to Divorce During the War” (“Skyrybos karo metu,” Andrius Blaževičius, Lithuania, Czech Republic, Luxembourg, Ireland)
    Winner of Sundance’s World Cinema Dramatic directing award, the third feature from Blaževičius is set as Russia’s invasion of Ukraine alters everyday life. It follows a couple trying to separate while the pressures of war reshape their private circumstances. A multi-country European co-production, the film is sold by New Europe Film Sales.

    “If I Go Will They Miss Me” (Walter Thompson-Hernández, U.S.)
    Moving between 1992 and the present in South Central Los Angeles, the film follows a boy who mythologizes his absent father. The feature expands Thompson-Hernández’s 2022 short of the same title, which won Sundance’s short-film jury prize. The feature premiered at Sundance before later screenings in Miami and Palm Springs.

    “Lucky Lu” (Lloyd Lee Choi, U.S., Canada)
    The film, that follows a New York delivery rider over 48 hours after his bike is stolen, brings together migrant experience, family pressures and gig-economy work, expanding Choi’s short “Same Old.” After premiering in Cannes’ Directors’ Fortnight, it went on to win three Golden Horse Awards in Taipei Festival, including best new director. Sold by The Festival Agency.

    “Nina Roza” (Geneviève Dulude-de Celles, Canada, Italy, Bulgaria, Belgium)
    Winner of the Berlin Silver Bear for best screenplay, it turns on Mihail, a Bulgarian-born Montreal art expert sent back to his home country for the first time in nearly 30 years to assess the work of Nina, a viral child-painting prodigy. The return reopens family ties and unresolved memories. Dulude-de Celles previously won Berlin’s Crystal Bear for “A Colony.” Produced by Montreal-based Colonelle Films.

    “Remake” (Ross McElwee, U.S.)
    Built around the death of McElwee’s son Adrian, “Remake” reshapes personal footage into a film about grief, memory and family history. McElwee is widely known in nonfiction cinema for earlier works including “Sherman’s March.” MetFilm Studio handles sales. It won Venice’s Golden Globes Impact Prize for Documentary.

    “Songs of the Forgotten Trees” (Anuparna Roy, India)
    Winner of Venice’s Orizzonti best director prize, this feature debut is set in Mumbai, where a young migrant aspiring actor sublets to a call-center worker. Their shared apartment becomes the setting for a story of urban precarity and changing personal circumstances. Celluloid Dreams handles sales. The film premiered in Venice before later playing in São Paulo, London and Philadelphia.

    “Trial of Hein” (“Der Heimatlose,” Kai Stänicke, Germany)
    Winner of the Teddy Jury Award in Berlin, “Trial of Hein” follows a man returning to his North Sea island after 14 years away, only to be treated as an impostor and forced to prove his identity before the local community. Produced by Germany’s Tamtam Film, the feature is sold by Heretic.

  • Aurise Launches XAUE Gold Yield Token

    Aurise Launches XAUE Gold Yield Token

    Aurise Foundation, a nonprofit developing tokenized asset infrastructure, announced the launch of XAUE, a yield-bearing gold token linked to Tether Gold (XAU₮). The product is designed for institutional participants and introduces yield generation to tokenized gold, which is traditionally not a source of income.

    At launch, Aurelion, a digital asset investment firm, and Antalpha, a crypto financial services provider, committed 16,052 XAU₮ to the system, valued at about $76 million as of April 22. The foundation said XAUE could later integrate with decentralized finance protocols and be used as collateral in on-chain markets.

    XAUE aims to change this model. The token keeps exposure to gold while adding a yield mechanism measured in gold units. The system employs a model in which the exchange rate increases over time as yield accumulates.

    For example, a deposit of 1 XAU₮ gives 1,000 XAUE tokens. With a 2% annual yield, reserves grow to 1.02 XAU₮ while the supply stays unchanged. As a result, 1,000 XAUE can later be redeemed for 1.02 XAU₮, providing automatic compounding in gold terms.

    Image: Freepik

  • JUST IN: Tether Carries Out Its Largest Asset Freeze to Date – Two Wallets Holding $344 Million Frozen

    A notable development has occurred in the cryptocurrency market. Stablecoin issuer Tether has carried out one of the largest asset freezes to date. According to on-chain data, the company has frozen a total of $344 million worth of Tether USD ($USDT) assets on the TRON (TRX) network.

    According to the shared data, the frozen assets were located in two separate wallets. One of these addresses contained approximately $212.9 million worth of $USDT, while the other contained approximately $131.3 million worth of $USDT.

    Related News What’s in Ethereum Co-Founder Vitalik Buterin’s Altcoin Portfolio Following Recent Market Movements?

    The reason for this transaction is still unclear. Tether has not yet issued an official statement on the matter.

    *This is not investment advice.

  • Indian physicists voice solidarity with Iran, Palestine, Lebanon academics

    Indian physicists voice solidarity with Iran, Palestine, Lebanon academics

    In a statement, prominent string theorists condemn the attacks on universities across the Middle Eastern countries.

    A group of prominent Indian physicists specialising in string theory has expressed solidarity with academics in Iran, Palestine and Lebanon, condemning attacks on universities and civilian institutions during conflicts involving Israel and the United States.

    In a statement, more than 50 string theorists — physicists working at the cutting edge of humankind’s understanding of nature — said they wished to “express our heartfelt solidarity” with scholars and civilians in the three countries amid what it described as “the recent war initiated by the United States and Israel”.

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    Ashoke Sen and Spenta Wadia, both award-winning, globally renowned theoretical physicists, were among the statement’s signatories, which spanned India’s top science and technology universities and research labs.

    “Universities and educational institutes in Iran, as well as Lebanon and Palestine, have been attacked during the war,” the group said, listing sites including the Sharif University of Technology, Shahid Beheshti University, Iran University of Science and Technology, Isfahan University of Technology and the Lebanese University.

    The Indian scientists added that the attacks formed “part of a broader assault on civilian sites that has led to the loss of thousands of lives and displaced millions of people”.

    The group also referred to Israel’s genocidal war on Gaza, saying “almost all universities and schools there have been destroyed.

    “We unequivocally condemn these crimes against humanity, which will cause long-term harm to the future of education and research in these regions apart from the tragic loss of lives,” they said.

    The intervention came as ceasefires remain fragile across the region, with continued violence reported in Lebanon and Gaza, and heightened tensions involving Iran.

    In southern Lebanon, Israeli attacks killed five people on Wednesday, including a journalist, despite an existing ceasefire. In Gaza, an Israeli air strike killed at least five Palestinians on Thursday, including three children.

    Meanwhile, in Iran, senior officials have accused Washington of stalling peace negotiations through a naval blockade of Iranian ports.

    India is a global leader in string theory, a mathematical framework in which the fundamental constituents of reality are one-dimensional extended objects called strings, rather than zero-dimensional point particles.

  • NFL Commissioner Roger Goodell Boosts ESPN’s 2027 Super Bowl Bid

    NFL Commissioner Roger Goodell Boosts ESPN’s 2027 Super Bowl Bid

    The first Super Bowl to air on Walt Disney media properties in two decades is months away, but the company has so far tapped popular hosts like Scott Van Pelt and Stephen A. Smith as well as famous animated characters including Buzz Lightyear and Iron Man to call attention to the next Big Game. Now they’re really dialing up the firepower.

    NFL Commissioner Roger Goodell has a notable walk-on role in the next ESPN promo that reminds viewers about 2027’s Super Bowl LXI. In the spot, Goodell walks into a meeting that includes some of the sports-media giant’s most notable personalities, including Mike Greenberg, Lisa Salters, Laura Rutledge, Joe Buck and Troy Aikman. In a nod to the NFL Draft getting underway in Pittsburgh on Thursday, Steelers mascot Steely McBeam is on hand, along with ESPN mascot App-E.

    The NFL boss acts as if he’s calling out a finalized draft selection, and after awarding the 61st Super Bowl to ESPN, tells the assemblage: “You’re on the clock.” He then gives App-E an awkward hug and tells Buck, who has called six past Super Bowls, “Congratulations on your first Super Bowl.”

    The humorous spot is part of a year-long effort by Disney to get audiences enthusiastic about its Super Bowl plans. When the company’s ESPN and ABC telecast Super Bowl LXI from SoFi Stadium in Inglewood, California, they will do so on Sunday, February 14 — Valentine’s Day — with a federal holiday, President’s Day, on Monday.

    Having Goodell take part is akin to inviting the CEO of Disney to get involved. In February, the league took a 10% stake in ESPN, the result of a deal that made NFL Network and NFL RedZone part of ESPN’s operations.

    The promo, like previous Super Bowl teases, is meant to invite “fans along for the ride as ESPN prepares to produce its first Super Bowl,” said Jo Fox, senior vice president of marketing at ESPN, in a statement. “Each new piece of creative is an opportunity to celebrate our Year of the Super Bowl in a way that feels big, fun, and unexpected, just like the game itself. Authenticity is at the core of how we show up at ESPN, and for a Draft inspired spot, having Commissioner Goodell involved was essential. We’re grateful to him and the NFL for helping bring this to life around one of the league’s biggest moments.”

    Under the terms of Disney’s’ agreement with the NFL, it will also feature a “ManningCast,” its popular “Monday Night Football” simulcast that features plenty of commentary and chatter from Peyton and Eli Manning and their guests, on ESPN2. Meanwhile, there are lots of conversations going on about tapping various parts of the Disney media empire to woo other audiences who might not ordinally tune in the football spectacle.

    Disney has already moved aggressively to monetize its efforts. The company has been seeking around $10 million for a 30-second commercial in the 2027 gridiron classic, according to four people familiar with the matter. Media buyers have so far held their ground, waiting to see if Disney will tamp down its pricing expectations.

    The game is a solid financial generator: Fox said in May of 2025 that it wrung $800 million worth of revenue from its telecast of Super Bowl LIX. And its audience continues to expand, something that can’t be said of scripted series in the streaming era.