Author: rb809rb

  • Giddens Ko and Kai Ko Bring ‘Kung Fu’ to Far East Film Fest, Reveal Stephen Chow Input

    Taiwanese filmmaker Giddens Ko, presenting “Kung Fu” at the Far East Film Festival on Saturday, revealed that Stephen Chow contributed to the film’s development and reflected on the more than decade-long journey required to bring his most technically ambitious project to screen.

    Speaking on a panel moderated by Kevin Ma, Ko and his longtime collaborator Kai Ko – who stars in “Kung Fu” and wrote, produced and acts in “I Blew Out the Candles Before Making a Wish,” which has its world premiere at the festival Sunday – discussed the pair’s 15-year working relationship, the demands of wuxia filmmaking and their respective next projects.

    Ko adapted “Kung Fu” from his own novel, written some 25 years ago, and first attempted to shoot it as his second feature around 2013. Fresh off the commercial success of his debut, “You’re the Apple of My Eye,” he pulled back from the project, attributing the retreat to an excess of confidence.

    “I was so happy with the success of that story,” Ko said. “Right away when I got into this novel, I said, wow, this is a martial art, it’s kung fu. Everybody would love it.”

    The abandoned project stayed with him. Ko described it as a creative wound he eventually resolved by returning to it alongside collaborators who shared the same history with the material. The finished film – which he described as Taiwan’s largest-budgeted production – incorporates footage from classic wuxia works. These clips, Ko noted, are not simple homages but narrative threads planted early in the story.

    “Those classic clips at the beginning, they are not just being there because they were classic clips,” Ko said. “They were actually clues laying down the foundation for you to see the future character.”

    Ko’s conception of the wuxia genre centers on imagination as a martial force. “Wuxia is not just action choreography,” he said. “Wuxia is really talking about stretching the audience imagination when you watch it.” To illustrate the spectrum, Ko contrasted Jackie Chan’s grounded physicality with the more heightened combat of Jet Li’s Wong Fei-hung films, where movement begins to exceed what the body could plausibly achieve – placing “Kung Fu” firmly in the latter tradition. He cited “The Matrix” as a structural touchstone, specifically the idea that a protagonist empowered by belief can transcend the rules of a constructed world. Ko also confirmed he showed the script directly to Stephen Chow – whose “Kung Fu Hustle” loomed large in the discussion – to talk through choreography and story.

    Kai Ko, making his fourth film with Giddens, said the collaboration’s dynamic remained largely unchanged despite the production’s scale. The actor has grown into a presence in Giddens’ post-production process, a development the director welcomes. “He inspired me a lot,” Giddens said. “He’s no longer just a presence. He’s there, participated in a lot of ideas we discussed.”

    Having directed his own debut, “Bad Education” – written by Giddens – Kai Ko said the experience reshaped his approach to acting, though he drew a clear line. “Don’t forget the director is the real general,” Kai Ko said. “The real captain of this whole collaboration. And he has the power of cutting.”

    In “I Blew Out the Candles Before Making a Wish,” Kai Ko plays a Taiwanese man who relocates to Macau, falls into financial failure and crosses paths with a young girl. The role required him to deliver much of his dialogue in Cantonese, a language he had to learn for the part. “Mastering Cantonese was the hardest part for me to play this role,” he said. “Cantonese has nine tones. If you make the tone incorrectly, it turns into a completely different meaning of the word.”

    He traveled to Macau to research the character, interviewing people who had gone there during the city’s casino boom, many of whom, he noted, came back empty-handed.

    Looking ahead, Giddens confirmed he is developing his next feature in Taiwan, with a role written in for Kai Ko. Kai Ko is separately working on a second directorial project with a new screenwriter and said the film would likely arrive in 2027 if the script comes together. “We are going back and forth discussing a new script,” Kai Ko said. “I hope in the end it would be something interesting and better.”

  • Adam Scott Says He Already Knows the Ending to ‘Severance,’ Teases ‘So Many Surprises’ in Season 3: ‘It’s Going to Be Great’

    Adam Scott already knows the ending of “Severance.”

    “Oh Yes. I’m an executive producer on the show, so I’m involved in all of it. We talk with the writers, and Dan [Erickson], all the time. I know everything about what’s going on. [As an actor] I like having as much information as possible.”

    Just like the whole world, he’s more than ready for Season 3.

    “It’s going to be great. There’re so many surprises. I can’t wait to shoot it,” he said. As previously announced, Ben Stiller won’t be directing this time.

    “Ben is still very involved in the show. It’s going to be great. You know, it’s been over two years since we finished shooting Season 2. We’re all anxious to get back. We miss each other.”

    Scott, who will be receiving the Canal+ Icon Award at Canneseries this week, admitted he really, really wanted the role.

    “I don’t know if I would categorize it as a battle, but I certainly had to prove I could do it. Which makes sense: It was a big show, a big investment for Apple, so they needed to see that,” he recalled.

    “It’s an incredible role in an incredible world. It’s everything I’d always wanted to do. When I read the script, first of all, I thought: ‘I probably won’t get this job. But if I do, if I’m able to land this, it will be because I’ve been earning this over the last 30 years. The opportunity to be considered for something like this and a role where you get to explore different sides of this person.”

    He added: “Happily, I auditioned only once. The more you do it, the more you can screw it up.” 

    When “Parks and Recreation” ended, he wanted to find something “a little more dramatic.”  “I just wanted to change it up, and I had trouble being considered for anything that wasn’t comedic. I really sought out ‘Big Little Lies,’ for example – that was something I really wanted to do. I wanted to work with Reese Witherspoon and all those actors, and Jean-Marc Vallée. But I really had to campaign for that and audition a few times, and prove to them I could do something that wasn’t comedic.” 

    “Severance” “felt like a full meal,” he said. 

    “It felt like a complicated character and a complicated world – and an adventure. Everything I’d done up to that point, those were all things that fulfilled me. But this felt like more of a culmination.”

    It took him a while to figure out how to portray the infamous scenes of transition. “Switching from one thing to another, in an elevator, could be really corny. Ben had this ‘elevator set’ he would keep off to the side, so whenever we had a few minutes, we could go over and practice, and try to see how that transformation would occur.”

    “We must have done it hundreds of times before we landed on something that worked. I think it was Ben who came up with our eyes fluttering a bit. Oh man, I’m sure I did a bunch of stuff that was ridiculous.”

    With many questions unanswered, “Severance” has quickly developed a “Twin Peaks”-like cult following. 

    “I love ‘Twin Peaks’ so much and I love that people keep discovering it over and over again. I don’t know if [‘Severance’] will live in culture and be remembered like that, but I agree – there’s a lot of power in not knowing.” 

    “Something we’re always trying to do on the show is retain an element of mystery. I loved the way ‘The Sopranos’ ended. I was frustrated by it, but it was brilliant and I still haven’t figured it out. I love it not only in TV shows or movies, but I like it in music. I’ve always loved bands that wouldn’t tell you everything about how music was made and who made it. I like when there’s a place for my imagination to reach out and meet the work.” 

    Scott doesn’t worry about being typecast again post-“Severance.”

    “Something that’s good with a role like Mark is that I’m not sure what aspect of it would pin me down into being typecast. And even if I’m, it would be completely worth it, because I love the show so much.” 

    He recently made horror film “Hokum.”

    “It’s really scary. I think with horror movies, just as a fan and as someone who participates in them sometimes, I feel like the criteria is it should be a good movie first and a good horror movie second. It should be able to stand on its own as a character, as an interesting character, an interesting story. And then the horror elements are almost a bonus, you know,” he said.

    “It’s been a while since I’ve been a lead in something that’s come out in movie theaters. And I love it. It’s what made me want to do this in the first place: sitting in a dark room with a bunch of strangers and watching something that really moves you or gets you excited.”

    “Severance” moves people as well.

    ‘When the show first came out, we were still emerging from the pandemic. People were slowly returning to the office or working from home, and this new work-life balance felt strange for everyone. I think the show evoked those feelings,” he said.

    “With something that’s as high-concept as ‘Severance,’ there has to be an emotional element to connect to, and there have to be characters to connect to. Otherwise, it just becomes something that’s interesting, but isn’t emotionally engaging.” 

    He added: “If you were presented with this technology, would you do this? Once you really consider that question, you start thinking about your life in a certain way, and it sets you on an interesting journey.”

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

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

    Cryptocurrency asset manager VanEck shared noteworthy findings regarding market dynamics in its latest research report on Bitcoin.

    The report, authored by Patrick Bush and Matthew Sigel of the company’s digital asset research team, noted that indicators historically considered “bullish signals” for Bitcoin emerged from both derivative markets and network data.

    According to the report, market volatility has significantly decreased as tensions between the US and Iran have eased. Bitcoin’s realized volatility fell from 56% to 41%, while its 7-day average funding rate moved into negative territory, reaching -1.8%, its lowest level since 2023. Analysts note that negative funding rates have historically coincided with periods of strong bullish sentiment. Since 2020, Bitcoin’s 30-day average return during periods of negative funding has been 11.5%, while the overall average has remained at 4.5%. It was added that returns were significantly higher during periods of deeper negative levels.

    According to VanEck’s analysis, another important signal in the market is the decline in hash rate. The change in hash rate over the last 30 days has fallen to one of its lowest historically lows, but past data shows that strong recoveries in Bitcoin price follow such declines. In six of the previous seven similar periods, Bitcoin was at higher levels after 90 days, with a median return of 37.7%.

    On the institutional investment side, the picture is showing signs of recovery. Spot Bitcoin ETPs, which experienced outflows of approximately $4 billion between the end of January and the end of February, have reversed direction since the end of February. Net inflows were recorded in six of the last seven weeks until mid-April.

    In the options market, investors appear to be maintaining a cautious stance. The fact that “put” option premiums reached historical highs in the last 30 days revealed that strong hedging demand and bearish expectations were being priced into the market. However, the significant decline in these premiums in recent weeks suggests that excessive pessimism may have passed its peak.

    On the on-chain data side, a mixed picture emerges. While the daily transaction volume increased by 22% month-on-month to reach 545,000, the number of active addresses and the creation of new addresses saw a limited decrease. Transaction volume averaged $48.5 billion per day, while network fees decreased both monthly and year-on-year. This indicates that costs remained low despite the increased transaction activity.

    Related News Chief Economist of a Major Chinese Company: “In Bitcoin, Institutional Investors Have Become the Landlords, While Retail Investors Have Become the Tenants”

    Different trends were observed in long-term investor behavior. While selling activity increased among investors holding their holdings for 1 to 5 years, this movement remained below the annual averages. In contrast, there was a significant increase in transfer volumes among investors holding their holdings for 5 years or more. In particular, the activity of investors holding coins for 10 years or more approached the highest levels in recent years.

    On the mining side, the unbalanced decline between mining difficulty and hash rate is noteworthy. The fact that the difficulty level is declining faster than the hash rate indicates that the network’s adjustment mechanism is working with a delay and that a rebalancing process is taking place among miners. Nevertheless, the fact that recent declines have been shorter and more limited suggests that a healthier structure is emerging for the market.

    VanEck analysts argued that, based on historical data, both negative funding rates and declines in hash rates have been associated with strong future returns, leading their overall outlook for Bitcoin to become increasingly bullish.

    *This is not investment advice.

  • Anthropic Rolls Out Election Safeguards for Claude AI Ahead of US Midterms

    Anthropic Rolls Out Election Safeguards for Claude AI Ahead of US Midterms

    In brief

    • Anthropic’s latest Claude models achieved 95-96% on political neutrality tests and 99.8-100% on election policy compliance.
    • The company will deploy election information banners directing users to trusted nonpartisan voting resources for the 2026 midterms.
    • The measures come as governments scrutinize AI’s potential impact on election integrity and misinformation.

    Anthropic, the artificial intelligence company behind the Claude chatbot, announced Friday a set of new election integrity measures designed to prevent its AI from being weaponized to spread misinformation or manipulate voters ahead of the 2026 U.S. midterm elections and other major contests around the world this year.

    The San Francisco-based company detailed a multi-pronged approach that includes automated detection systems, stress-testing against influence operations, and a partnership with a nonpartisan voter resource organization—measures that reflect the growing pressure on AI developers to police how their tools are used during election seasons.

    Anthropic’s usage policies prohibit Claude from being used to run deceptive political campaigns, generate fake digital content intended to sway political discourse, commit voter fraud, interfere with voting infrastructure, or spread misleading information about voting processes.

    To enforce those rules, the company said it put its newest models through a battery of tests. Using 600 prompts—300 harmful requests paired with 300 legitimate ones—Anthropic measured how reliably Claude complied with appropriate requests and refused problematic ones. Claude Opus 4.7 and Claude Sonnet 4.6 responded appropriately 100% and 99.8%of the time, respectively.

    The company also tested its models against more sophisticated manipulation tactics. Using multi-turn simulated conversations designed to mirror the step-by-step methods bad actors might employ, Sonnet 4.6 and Opus 4.7 responded appropriately 90% and 94% of the time when tested against influence operation scenarios.

    Anthropic also tested whether its models could autonomously carry out influence operations—planning and executing a multi-step campaign end-to-end without human prompting. With safeguards in place, its latest models refused nearly every task, the company said.

    On the question of political neutrality, the company runs evaluations before each model launch to measure how consistently and impartially Claude engages with prompts expressing views from across the political spectrum. Opus 4.7 and Sonnet 4.6 scored 95% and 96%, respectively.

    For users seeking voting information, Claude will surface an election banner directing them to TurboVote, a nonpartisan resource from Democracy Works that provides reliable, real-time information about voter registration, polling locations, election dates, and ballot details. A similar banner is planned for Brazil’s elections later this year.

    Anthropic said it plans to continue monitoring its systems and refining its defenses as the election cycle progresses. Decrypt reached out to Anthropic for comment on the findings, but did not immediately receive a response.

    Daily Debrief Newsletter

    Start every day with the top news stories right now, plus original features, a podcast, videos and more.

  • NBC News, MS NOW Tamp Down Party Spirit After White House Correspondents’ Dinner Chaos

    WASHINGTON — Mentalist Oz Pearlman was supposed to dazzle an audience of hundreds on Saturday night here with mind tricks in a well-lit hotel ballroom. Instead he found himself doing his act for a small handful of media executives in a darkened underground event space close to midnight.

    MS NOW had planned to host a festive soirée in the site of an old subterranean trolley station in the heart of the nation’s capital, part of the usual proceedings following the annual White House Correspondents’ Dinner. This year was going to be more auspicious — until horror struck just hours earlier: Authorities are still investigating an incident in which a man was able to get close to a space in the Washington Hilton where President Donald Trump was to attend — and deliver pointed remarks — to an assemblage of journalists, news executives, media honchos and government officials at a celebration of journalism that is woven into the social calendar of this city devoted to the federal government.

    President Trump and attendees were unharmed, but many were shaken by an outburst of gunshots and the reminder that political violence seems more prone to break out in the U.S. than at any other time in recent memory.

    With that in mind, media organizations backing traditional after-parties worked on the fly to change their purpose.

    “While tonight’s event won’t be what we originally intended, we still think it is important to provide a space for friends and colleagues to be together,” MS NOW said in a dispatch emailed to guests for a party that was meant to serve as an elaborate debut of sorts: The news outlet is no longer part of NBC News, and is now a flagship outlet of Versant Media, spun off from NBCUniversal earlier this year.

    Meanwhile, NBC News opted to continue with a long-held after-event, deciding that attendees could use a place to gather, convene and process.

    After the gunshots, it couldn’t be bacchanal as usual. NBC News anchor Tom Llamas broke into regular programming on NBC with a special report, and many of the news organization’s top executives quietly left the main gathering at the residence of France’s Ambassador to the United States, according to a person familiar with the matter, to watch their team’s effort in a makeshift monitor room.

    The tone of both parties was subdued. Each felt designed to accommodate a larger crowd that might not feel comfortable enough to attend. And shuttling back and forth between the two events became onerous: Washington police closed down parts of Connecticut Avenue, a main artery in the city, making a direct route between the events impassable.

    Still, people needed to talk — about what they saw and heard, about the reasons why it happened, and about how things could have been much worse.

    At the MS NOW gathering, Pearlman performed his feats for Versant Media CEO Mark Lazarus and CNBC President KC Sullivan, among others. Still, some of the hoopla was dialed down, though a series of projections on the wall that described ties to the First Amendment were underscored by the events of the evening.

    NBC News, meanwhile, played host to journalists and staffers, including anchors and correspondents such as Lester Holt, Christine Romans and Joanna Stern. Executives including Cesar Conde, chairman of the company’s news operations, and Rebecca Blumenstein, president of editorial for NBC News, were also working to navigate the evening.

    In the streets of Washington, word of the alarming development spread through discussions with rideshare drivers and in the overheard comments of tuxedoed attendees who blurted out comments in smartphone conversations while walking away from the original site of the dinner.

    President Trump said Saturday evening that he hoped to reconvene the dinner within 30 days’ time. In various conversations, partygoers seemed uncertain the dinner could be reconstituted in such a short period of time.

    Even a mentalist like Pearlman, after all, can’t make people forget what transpired.

  • MiCA’s not enough: Bybit CEO says firms need other licenses to turn a profit in Europe

    MiCA’s not enough: Bybit CEO says firms need other licenses to turn a profit in Europe

    Snagging a Markets in Crypto Assets (MiCA) license to operate in Europe is great, but, alone, it won’t be enough to turn a profit, according to Ben Zhou, the CEO of Bybit, one of the largest cryptocurrency trading platforms.

    MiCA doesn’t cover the full range of products, such as derivatives and tokenized assets, needed to be profitable, Zhou said in an interview. For those, companies also need a MiFID II (Markets in Financial Instruments Directive) license and an Electronic Money Institution (EMI) license.

    “With the current MiCA framework, you can only do fiat-to-crypto, crypto-to-crypto,” Zhou said. “There are many elements of a profitable business you cannot do, so even as a MiCA holder — unless you’re Kraken or BItpanda or Bitvivo, who are already making money because they have multiple licenses.”

    Even Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is some way off from breaking even in Europe, Zhou said. That timeline depends on when the firm acquires the other licenses it needs.

    “We don’t make money under the current MiCA license. But we’re able to afford it because we’re a big entity. For us, it’s a long-term investment,” Zhou said. “It could be five years away, but I think that is a bit long. I would assume we are probably going to be profitable within two years.”

    Market consolidation is coming

    A MiCA license issued by one country allows a crypto-asset service provider to operate across the European Economic Area (EEA): all 27 members of the European Union, as well as Norway, Iceland and Liechtenstein.

    Now is a critical juncture for many small to medium-sized crypto companies in Europe, because the MiCA grandfathering period closes at the end of June. That means firms must have obtained MiCA authorization to operate across the region by July 1 — a cut-off point that is widely expected to be the death knell for many smaller crypto firms.

    “There’s going to be market consolidation,” Zhou said. “That’s why these guys are shutting down. Because even if they know they could afford MiCA, they’re like, ‘WTF, I need [MiFID, EMI] to make money, and I need to make a whole lot of investment in compliance infrastructure to be able to be profitable?’”

    MiCA itself is undergoing change, with some country regulators calling for tighter, more centralized control and granting increased oversight to bodies such as the European Securities and Markets Authority (ESMA). And when it comes to structured products, ESMA recently reminded crypto firms offering perpetual futures that some of these products may fall outside the rules.

    Zhou said Bybit chose a stringent regulator in Austria’s FMA, a decision he said will pay dividends down the line. Each country interprets MiCA differently, he said: “Some countries interpret it as a way to attract new business; some want heavy regulation. So you actually have different levels of strictness.”

    As for bringing ESMA into the mix, Bybit is neutral, Zhou said.

    “There are talks about a more level playing field,” he said. “But there could be disadvantages. Because when you have a local regulator they are easy to get to. If we have any issues, we just send an email and go to FMA in Vienna. But if everyone’s in Paris, then you have to line up. There are more CASPs, increased bureaucracy, decreased efficiency.”

  • Washington shooting: What we know so far

    Washington shooting: What we know so far

    United States President Donald Trump has been rushed out of the White House correspondents dinner at a hotel in Washington, DC, after a gunman fired shots and tried to breach security.

    The president, first lady Melania Trump, Vice President JD Vance and Trump’s cabinet members were unharmed in the shooting at the Washington Hilton hotel.

    Recommended Stories

    list of 3 itemsend of list

    A Secret Service agent was hit but was protected by a bullet-resistant vest. Trump said he was in “great shape”.

    The White House said the suspect, identified as 31-year-old Cole Tomas Allen from California, is in custody. Trump said he was heavily armed and appeared to be acting alone.

    The White House correspondents dinner will be rescheduled in 30 days, he said.

    Here’s what to know about the shooting and the suspect:

    What happened to Trump?

    The president was to speak at the White House Correspondents’ Association ‌dinner at the Washington Hilton on Saturday night.

    The dinner is an annual event at which journalists who cover the White House celebrate the First Amendment of the US Constitution, which ensures the freedom of speech and the press, and raise money for journalism scholarships. The president and other US leaders also generally attend.

    But the gala was interrupted by the sound of gunfire, and Secret Service agents rushed the president out of the room and the hotel.

    A man armed with a shotgun had fired at a Secret Service agent, an FBI official told the Reuters news agency. The agent was hit but in an area ⁠covered by protective gear and was unharmed, the official said.

    US Secret Service spokesperson Anthony Guglielmi later told reporters that the officer had been released from hospital.

    Reporting from Washington, DC, Al Jazeera’s Chris Sheridan said everyone was eating and socialising at the dinner and suddenly shots were heard.

    “I thought it sounded like it came from behind where we were sitting, but it was quite loud. It was an echo. Quite a loud boom of at least five shots, which resonated throughout the ballroom just outside where we were,” he said.

    Al Jazeera’s Alan Fisher also described unusual events at the White House, where the president addressed the media, who all arrived straight from the dinner.

    “We don’t often get the president stepping from an assassination attempt, which is what it appears like on the face of it now, into the briefing room to give the media an update with everyone in their finest clothes,” he reported from Washington, DC.

    The Hilton hotel is no stranger to assassination attempts after John Hinckley Jr’s attempted assassination of President Ronald Reagan there in 1981. That event is perhaps what the hotel is most famous for and not the annual White House correspondents dinner.

    Fisher said Trump seemed quite taken aback by the shooting.

    “He himself initially had thought a tray had been dropped or it was gunfire, and the Secret Service agent spirited him out of the hall along with the first lady and other members of the cabinet,” he said.

    He noted that Trump had made it clear that he wanted to continue the event, but the Secret Service wouldn’t allow it.

    Is Trump safe?

    All US federal officials, including Trump, have been declared safe.

    About an hour after Trump was rushed from the event, he posted on his Truth Social platform that a “shooter had been apprehended”.

    “Quite an evening in DC, Secret Service and Law Enforcement did a fantastic job,” Trump wrote.

    Trump said he had been asked to leave the dinner and said it will be rescheduled.

    “The First Lady, plus the Vice President, and all Cabinet members, are in perfect condition,” he said. “I have spoken with all the representatives in charge of the event, and we will be rescheduling within 30 days.”

    Addressing reporters a short time later, Trump lauded the bravery of the Secret Service agent who he said “was shot from very close distance with a very powerful gun, and the vest did the job”.

    “I just spoke to the officer, and he’s doing great. He’s in great shape. He is in very high spirits, and we told him we love him and respect him,” he said.

    Who is the suspected gunman?

    The New York Times and CBS News identified the suspect as Cole Tomas Allen.

    Washington, DC, interim Police Chief Jeffery Carroll told reporters the suspect was armed with a shotgun, a handgun and multiple knives. Carroll added that he has been taken to a local hospital to be evaluated but it was too soon to say what his motivation was.

    Based on preliminary information, Carroll said the suspect was believed to have been a guest at the hotel.

    Reporting from Washington, DC, Al Jazeera’s Richard Gaisford said authorities have not released the name of the suspect in custody but various news reports have identified him.

    “It appears this was gleaned from the information he gave when he checked in to the Washington Hilton before this event. He had a room at the hotel and is being named as Cole Tomas Allen from a place called Torrance in California. He is 31 years old,” he said.

    “We saw that video of him rushing that police line, in effect to try and get into the ballroom, where, of course, Donald Trump was sat close to his wife, Melania, and other members of the cabinet and all of the members of the press who were gathered for the White House correspondents dinner there,” he added.

    Gaisford noted that in some of the pictures, the gunman is almost half-naked because he was stripped by police to ensure he wasn’t carrying any form of explosive device.

    Trump described him as a “sick” man.

    “The man has been captured. They go into his apartment. I guess he lives in California, and he’s a sick person, a very sick person. And we don’t want things like this to happen,” the US president told reporters.

    He added that the events were traumatic for the first lady and the response from law enforcement agencies was “really incredible”.

    “We’re going to reschedule. We’re gonna do it again. We’re not gonna let anybody take over our society. We’re not gonna cancel things out.”

    Todd Blanche, acting attorney general, told journalists that the investigation is ongoing.

    “I expect you will see charges filed shortly. The charges should be self-evident, given the conduct, but as you’ll hear, there will be multiple charges surrounding the shooting, the possession of firearms and anything else that we can get on this guy,” Blanche said.

    Has Trump been attacked in the past?

    Trump has faced numerous assassination attempts and death threats throughout his years as president and as a presidential candidate.

    The closest call came in July 2024 at a campaign rally in Butler, Pennsylvania, where a gunman got onto a nearby rooftop with a direct line of sight to then-candidate Trump as he spoke on stage. A bystander was killed, and Trump was wounded in the ear. Agents shot dead the suspect, 20-year-old Thomas Crooks, at the scene.

    Two months later, an armed man hid near Trump’s West Palm Beach golf course in Florida with the intent to kill him, according to officials. Prosecutors said Ryan Routh methodically plotted to kill Trump for weeks before aiming a rifle through the shrubbery as the president played golf. A Secret Service agent spotted Routh before he was able to open fire, and he was soon arrested nearby. Routh was found guilty last year of attempting to kill the president and was sentenced to life in prison in February.

    Also in February, a 21-year-old man, Austin Tucker Martin, was shot dead after entering Trump’s Mar-a-Lago resort in Florida with a shotgun, but the president was not there.

  • Timeline: Trump assassination attempts and security incidents

    Timeline: Trump assassination attempts and security incidents

    The incident at the White House Correspondent’s Dinner is only one of a series of security-related events involving Trump since 2024.

    Donald Trump and top White House officials were evacuated from an annual media gala event after an armed man stormed the lobby and opened fire.

    The suspect was arrested at the White House Correspondents’ Dinner on Saturday night at the Washington Hilton hotel and taken into custody. US media identified him as 31-year-old Cole Tomas Allen from Torrance in California.

    Recommended Stories

    list of 3 itemsend of list

    Acting Attorney General Todd Blanche said charges would be filed shortly. It was not clear if the suspect was planning to target Trump.

    The US president has been involved in various security-related incidents, including assassination attempts during his presidency and election campaigns.

    Here is a timeline:

    July 2024 – Trump shot at Pennsylvania rally

    The US president was injured in a shooting at a campaign rally in Butler County on 14 July 2024, three months before he was elected president for a second term.

    While Trump spoke to the crowd, at least five gunshots were heard around 6:15pm (22:15 GMT). He dropped down, while multiple US Secret Service agents rushed onto the stage to shield him.

    Several minutes later, he was helped to his feet by the agents and escorted offstage to his motorcade, with blood visible on his right ear and smeared across his face.

    MILWAUKEE, WISCONSIN - JULY 13: People watch television news at a bar in Milwaukee displaying images from a campaign rally for former U.S. President Donald Trump where he was apparently injured on July 13, 2024 in Milwaukee, Wisconsin. Details are unclear, but Secret Service quickly ushered Trump away while speaking at the Pennsylvania rally. Spencer Platt/Getty Images/AFP (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
    A bar in Milwaukee shows TV news coverage of the Trump shooting in July 2024 [File: Spencer Platt/Getty Images via AFP]

    The Secret Service shot and killed the suspect within seconds of the gunfire. Before being taken away, he appeared to pump his fists and yell “Fight!” towards the crowd.

    The Federal Bureau of Investigation (FBI) later named the gunman as 20-year-old Thomas Matthew Crooks of Bethel Park, Pennsylvania.

    September 2024 – Second assassination attempt

    On September 15, Trump was at his West Palm Springs resort in Florida when the incident occurred at about 2pm local time (18:00 GMT).

    According to local media reports, Trump was moving between holes five and six at his golf course with his friend and now envoy Steve Witkoff when gunshots were heard. The course was quickly locked down.

    Officials said a Secret Service agent spotted a gun barrel in some bushes near the edge of the course. Multiple officers fired at least four rounds at him. It was unclear if the suspect fired back at the agents.

    The suspect was identified as 58-year-old Ryan Wesley Routh.

    Prosecutors said Routh had stayed in South Florida for about a month, and mobile phone records placed him in the vicinity of the golf course and Trump’s Mar-a-Lago estate.

    In February, Routh was sentenced to life in prison after being convicted of plotting to kill Trump.

    September 2025 – Off-duty policeman infiltrates Trump’s security team

    Melvin Eng, an officer with the New York Police Department (NYPD), turned up at the Ryder Cup golf tournament at Bethpage Black Course in New York, armed and in full tactical gear, pretending to be part of Trump’s security detail, US media reported.

    It was later discovered that Eng was on sick leave, had no official assignment to be part of the president’s detail and no assigned role at the event.

    The incident reportedly led to Eng’s suspension, pending further investigation by the NYPD.

    February 2026 – Gunman killed after crashing security perimeter at Trump home

    A man carrying a gas can and shotgun was fatally shot by Secret Service agents after crashing his vehicle into the security perimeter of Trump’s Mar-a-Lago resort in Florida.

    The president was in Washington at the time. Police identified the attacker as 21-year-old Austin Tucker Martin from North Carolina. His family had reported him missing and it is not clear what his motive was.

  • NBC News, MS NOW Tamp Down Party Spirit After White House Correspondents Dinner Chaos

    WASHINGTON — Mentalist Oz Pearlman was supposed to dazzle an audience of hundreds on Saturday night here with mind tricks in a well-lit hotel ballroom. Instead he found himself doing his act for a small handful of media executives in a darkened underground event space close to midnight.

    MS NOW had planned to host a festive soirée in the site of an old subterranean trolley station in the heart of the nation’s capital, part of the usual proceedings following the annual White House Correspondents Dinner. This year was going to be more auspicious — until horror struck just hours earlier: Authorities are still investigating an incident in which a man was able to get close to a space in the Washington Hilton where President Donald Trump was to attend — and deliver pointed remarks — to an assemblage of journalists, news executives, media honchos and government officials at a celebration of journalism that is woven into the social calendar of this city devoted to the federal government.

    President Trump and attendees were unharmed, but many were shaken by an outburst of shots and the reminder that political violence seems more prone to break out in the U.S. than at any other time in recent memory.

    With that in mind, media organizations backing traditional after-parties worked on the fly to change their purpose.

    “While tonight’s event won’t be what we originally intended, we still think it is important to provide a space for friends and colleagues to be together,” MS NOW said in a dispatch emailed to guests for a party that was meant to serve as an elaborate debut of sorts: The news outlet is no longer part of NBC News, and is now a flagship outlet of Versant Media, spun off from NBCUniversal earlier this year.

    Meanwhile, NBC News opted to continue with a long-held after-event, deciding that attendees could use a place to gather, convene and process.

    After the gunshots, it couldn’t be bacchanal as usual. NBC News anchor Tom Llamas broke into regular programming on NBC with a special report, and many of the news organization’s top executives quietly left the main gathering at the residence of France’s Ambassador to the United States, according

    to a person familiar with the matter, to watch their team’s effort in a makeshift monitor room.

    The tone of both parties was subdued. Each felt designed to accommodate a larger crowd that might not feel comfortable enough to attend. And shuttling back and forth between the two events became onerous: Washington police closed down parts of Connecticut Avenue, a main artery in the city, making a direct route between the events impassable.

    Still, people needed to talk — about what they saw and heard, about the reasons why it happened, and about how things could have been much worse.

    At the MS NOW gathering, Pearlman performed his feats for Versant Media CEO Mark Lazarus and CNBC President KC Sullivan, among others. Still, some of the hoopla was dialed down, though a series of projections on the wall that described ties to the First Amendment were underscored by the events of the evening.

    NBC News, meanwhile, played host to journalists and staffers, including anchors and correspondents such as Lester Holt, Christine Romans and Joanna Stern. Executives including Cesar Conde, chairman of the company’s news operations, and Rebecca Blumenstein, president of editorial for NBC News, were also working to navigate the evening.

    In the streets of Washington, word of the alarming development spread through discussions with rideshare drivers and in the overheard comments of tuxedoed attendees who blurted out comments in smartphone conversations while walking away from the original site of the dinner.

    President Trump said Saturday evening that he hoped to reconvene the dinner within 30 days’ time. In various conversations, party-goers seemed uncertain the dinner could be reconstituted in such a short period of time.

    Even a mentalist like Pearlman, after all, can’t make people forget what transpired.

  • Coinbase’s John D’Agostino says crypto platform stands alone as industry’s full-service prime broker

    Coinbase’s John D’Agostino says crypto platform stands alone as industry’s full-service prime broker

    Coinbase (COIN) has quietly crossed a threshold that Wall Street would recognize immediately: it has become, by its own definition, the only full-service prime brokerage in crypto.

    John D’Agostino, head of strategy at Coinbase Institutional, said the definition of a prime broker still follows a familiar Wall Street checklist: trading, custody, financing, derivatives and cross-margining. In crypto, he added, there’s an extra layer, staking. “If you can do all of those at scale, you’re a prime,” he said.

    In equities and fixed income, only a handful of firms, Goldman Sachs (GS), Morgan Stanley (MS) and Bank of America (BAC), truly qualify as full-service primes, D’Agostino said. Smaller brokers can support funds, but they don’t offer the full stack. “A $100 million hedge fund isn’t getting everything from the top tier. They’re piecing it together,” he said. “The big primes do everything.”

    Crypto, until recently, worked the same way, just more fragmented. Funds stitched together custody from one provider, derivatives from another, financing elsewhere. “You can synthetically replicate a prime by patching services together,” D’Agostino said. “But Coinbase is the only one doing all of it natively.”

    Coinbase is the largest U.S.-based cryptocurrency exchange and a major provider of infrastructure for institutional investors, offering trading, custody and financing services through its Coinbase Institutional unit.

    Its flagship platform, Coinbase Prime, bundles these functions into a single system, allowing hedge funds and asset managers to trade, store and finance digital assets under one roof. Prime holds over $350 billion in assets under custody, about 12% of the total crypto market cap, and serves as custodian for more than 80% of U.S. bitcoin and ether ETF assets.

    The firm has become a key bridge between traditional finance and crypto markets, serving as custodian for a significant share of U.S. bitcoin and ether (ETH) exchange-traded fund (ETF) assets and operating under a growing regulatory framework, including oversight from New York regulators

    Crypto prime brokers provide institutional clients with a bundled suite of services designed to mirror traditional offerings in markets like equities and FX. They help funds manage counterparty risk and access liquidity across fragmented venues. Prominent players include Coinbase Prime, Galaxy Digital (GLXY), FalconX and Anchorage Digital.

    Cross-margining

    The final piece fell into place in March with the rollout of cross-margining between spot and derivatives positions, allowing market makers and institutional traders to reduce capital requirements by as much as 10% to 20%. “That was the last pillar,” D’Agostino said. “Now we’re a prime by any standard, substitute crypto for any asset class.”

    Coinbase’s institutional platform processes roughly $236 billion in quarterly trading volume and supports more than 470 assets across 20-plus blockchains.

    Beyond trading and custody, Coinbase runs a $1 billion lending book and what D’Agostino describes as the industry’s largest listed derivatives footprint through its Deribit integration. Its staking business spans 10 to 20 tokens at institutional scale, including dedicated products through Coinbase Asset Management.

    “Those are the core components. There are firms doing well in custody, others in derivatives, others in lending,” he said. “No one is solving all of those problems in one place.”

    That gap has persisted in part because of crypto’s relative size. At roughly 3% to 5% of global equities and fixed income markets, it remains too small for major banks to fully commit.

    D’Agostino instead expects banks and incumbents to partner. “Buy, build or rent,” he said. “Banks will rent. It’s cheaper and smarter to rent the best brand than build a so-so version.”

    Longer term, that calculus could change if crypto grows to 20% or 30% of global markets. “Then you’ll see full-scale competition,” D’Agostino said. “But that’s years away.”

    For now, the bigger threat isn’t Wall Street, it’s startups. “I’m less concerned about JPMorgan than I am about the next Brian Armstrong,” he added.

    Read more: Coinbase, Bybit said to be working together on tokenization, custody and distribution of U.S. stocks