Author: rb809rb

  • Hwang Bo-reum, Lee Geum-yi Among Authors in Busan Story Market’s 2026 Selections

    Hwang Bo-reum, Lee Geum-yi Among Authors in Busan Story Market’s 2026 Selections

    The Busan Story Market (BSM) has unveiled 25 official selections for 2026, including international bestseller Hwang Bo-reum and two-time Hans Christian Andersen Award finalist Lee Geum-yi, drawing on original IP from four Asian countries.

    BSM is part of the Asian Contents & Film Market (ACFM), the official market of the Busan International Film Festival (BIFF). Among the Korean selections is “My Upstairs Neighbors” by Hwang Bo-reum, the author behind the international bestseller “Welcome to the Hyunam-dong Bookshop,” and “Chasm of Sorrow” by Lee Geum-yi, whose more than 50 published books and international translations have made her one of Korea’s most recognized children’s and young-adult authors. The lineup as a whole comprises 15 titles from Korea and four each from Taiwan and Japan, alongside two from Indonesia.

    Genres and narratives range widely this year, spanning stories that explore universal emotions and relationships, including life and death, family, growth, love and loss, through fresh genre settings, alongside plot-driven works built around hidden agendas and fixations that take unpredictable turns.

    BSM operates as a marketplace connecting film and audiovisual adaptations of original IP, drawing from books, webtoons, web novels, video games and other formats, with content platforms and IP holders worldwide. The official selections take part in pitching sessions and one-on-one business meetings aimed at secondary rights deals and adaptation collaborations.

    For the Korean IP selection, BSM fielded 138 submissions from 83 companies this year, ultimately choosing 15 titles from 13 companies: nine books, two webtoons, two web novels and two stories. Books make up more than half the Korean lineup, though the selections stay broadly balanced across formats and genres. The titles pair crowd-pleasing categories, among them romance, mystery, fantasy and family drama, with less conventional hooks, including parallel worlds, out-of-body experiences and science fiction, touching on themes from generational communication and family bonds to individual lives set against their times. The selection ranges from emotionally driven human dramas to AI-inflected fantasy, genre-blending historical romance, period pieces and hybrid concepts.

    BSM’s Taiwanese IP selection, conducted annually with the Taiwan Creative Content Agency (TAICCA), yielded four titles from four companies, one apiece drawn from books, webtoons, web novels and comics. Each centers on a high concept distinctive enough to convey its identity in a single line, using fantasy settings not merely for spectacle but to work through emotional terrain that includes bereavement, remorse, early romance, ties between family members and coming of age, positioning the titles for adaptation across film, drama series and other formats.

    Four Japanese IPs from four companies, one book and three comics, were chosen through the Visual Industry Promotion Organization (VIPO). The selections lean on layered characters and relationships built around secrets and obsessions, with stories shifting in unpredictable directions as hidden truths surface or unlikely individuals form bonds across boundaries.

    Indonesia’s two selections, both comics from two separate companies, were picked from a shortlist of 10 Indonesian original IPs that had been presented at the 2025 JAFF Content Market, an initiative run by the Jogja-NETPAC Asian Film Festival Market (JAFF Market); the pair emerged after a round of pitches and meetings centered on adapting the properties for film and audiovisual formats. Both took home the JAFF Content Market Award Goes to ACFM 2026, earning them a spot in this year’s BSM lineup. JAFF Content Market has since evolved into JAFF IP Connection for 2026, and one of BSM’s selected Korean IPs will be invited to that program following talks with JAFF Market representatives. The Yogyakarta, Indonesia program runs Nov. 28-30, continuing the two-way exchange of original IP between BSM and JAFF Market.

    BSM runs alongside APM at ACFM, which takes over Exhibition Center 2 at BEXCO in Busan for four days starting Oct. 10, with the 25 selections set to connect with industry professionals through BSM Pitch & Match sessions and further business meetings exploring IP expansion and adaptation opportunities.

    ACFM is the official market of BIFF and is held in Busan every October. The 2025 edition, ACFM’s 20th, drew industry professionals from 55 countries – 3,024 of them, alongside 1,222 registered companies – with on-site attendance reaching a record 30,006. The Sales Market tallied 8,438 business meetings, generating an estimated $71.1 million in transactions.

    The 31st Busan International Film Festival runs Oct. 6-15, with the 21st ACFM held Oct. 10-13.

    FULL LIST OF 2026 BUSAN STORY MARKET SELECTIONS
    (Listed in alphabetical order; title – author – company – genre – IP type – country/region)

    1. “Account Laundering” – Lee Hanna – The Ant Inc. – Thriller, Fantasy, Suspense – Webtoon – Korea
    2. “The Affair Attorney” – Jung Eunwoo – Story With Inc. – Romance, Comedy, Coming of Age – Story – Korea
    3. “Annyeong” – Kim Hyoin – Wisdom House, Inc. – Romance, Mystery, Sci-Fi – Book – Korea
    4. “Cat Rental Company” – Maka – Cai Yi Color Paper Products Co., Ltd. – Coming of Age, Drama, Fantasy – Book – Taiwan
    5. “Chasm of Sorrow” – Lee Geum-yi – Sa Kyejul Publishing Ltd. – Drama, Period Drama, Coming of Age – Book – Korea
    6. “A Doll’s House” – Kim QQ – Redfactory – Sci-Fi, Thriller, Mystery – Book – Korea
    7. “Dr. Genius: Dead Doctors’ Threads” – Let’s do this – Metacraft – Drama, Coming of Age, Suspense – Web Novel – Korea
    8. “The Fan Who Made It (working title)” – Kim Chanyeong – All That Story Co., Ltd. – Sci-Fi, Romance, Comedy – Story – Korea
    9. “Friend Request” – Ryoung – Ryoung Studio – Drama, Coming of Age, Comedy – Webtoon – Korea
    10. “A Good Man in Seoul” – Kim Ho-Yeon – Wisdom House, Inc. – Drama, Mystery, Action – Book – Korea
    11. “He Was My Brother” – Matsuda Minoru – Comisma Inc. – Horror, Romance, Mystery – Manga – Japan
    12. “Heart-Racing Love Game” – Story: Apricot peach; Art: Hui YeDou – Gamania Digital Entertainment – Comedy, Romance, Drama – Webtoon – Taiwan
    13. “I Wish Today Were Tomorrow” – Nam Yu-ha – Sa Kyejul Publishing Ltd. – Drama, Coming of Age, Mystery – Book – Korea
    14. “It’s Too Late for Our Class-Divided Love” – Watanabe Ponzu – Cyberagent, Inc. – Romance, Drama, Coming of Age – Manga – Japan
    15. “Level Up with a Pen” – Story: Lee Hyunji; Art: Kim Gyutaek – Mirae N – Coming of Age, Drama, Comedy – Book – Korea
    16. “Lost First Love of That Summer” – Wei Hai – Kadokawa Taiwan Corporation – Drama, Romance, Fantasy – Web Novel – Taiwan
    17. “Matei (working title)” – Mitsuda Shinzo – Kadokawa Corporation – Horror, Mystery – Book – Japan
    18. “My Upstairs Neighbors” – Hwang Bo-reum – Clayhouse Inc. – Drama, Coming of Age, Comedy – Book – Korea
    19. “Night of the Out-of-Body” – Kim Nayoung – A2Z Entertainment – Horror, Thriller, Mystery – Book – Korea
    20. “Reporting for Duty” – JinRyan – Noi Co., Ltd. – Period Drama, Romance, Drama – Web Novel – Korea
    21. “Sparrow School” – Kyo Machiko – Takeshobo Co., Ltd. – Coming of Age, Drama – Manga – Japan
    22. “Tomb Escapees” – Jeon Hwarin – Publishing Company Sunest – Adventure, Mystery, Drama – Book – Korea
    23. “War of the Fist” – Edwin TE – Line Akomik – Action, Adventure, Coming of Age – Comics – Indonesia
    24. “World Without Sleep” – Ferdian Feisal – World Without Sleep – Sci-Fi, Thriller, Horror – Comics – Indonesia
    25. “The Zuo Family: Prequel Comic” – Story: Gene; Art: Yagi – Mirror Fiction Inc. – Coming of Age, Drama, Fantasy – Manga – Taiwan
  • Alan Ritchson on What He Learned About Fame From Working With Arnold Schwarzenegger

    Alan Ritchson on What He Learned About Fame From Working With Arnold Schwarzenegger

    Alan Ritchson took a break from his Reacher duties to star opposite Arnold Schwarzenegger in the upcoming holiday film The Man With the Bag.

    Directed by Adam Shankman and due to hit Amazon Prime Video on Dec. 2, the family comedy casts Schwarzenegger as Santa Claus who goes on a journey to retrieve his magic bag after its stolen. In order to get it back, he turns to his naughty list on which he finds a former thief, played by Ritchson, who comes along for the expedition.

    After filming with the action icon, Ritchson said he was the one who left with a valuable gift. “It was a treat,” the Reacher star told Dax Shepard and Monica Padman on a recent episode of Armchair Expert. “He taught me a lot about how gratitude should manifest in the life of somebody dealing with fame.”

    Ritchson said he’s transitioning to a part of his life and career where he’s aware of “how present fame is and how toxic and intrusive” it can be, not only for him but his wife, Cat, and their young boys. But he was able to watch how Schwarzenegger moved through the world and dealt with his own fans while on set and off, and that helped him shift his perspective.

    “I worked with Arnold, who deals with this on a degree that I will probably never experience,” he explained. “He’s dealt with it for decades on a degree that I can’t quite understand. He stops for everybody. We would be in the middle of a scene in a diner and people would be banging on the glass because our lockup wasn’t tight enough. They’re like, ‘Oh my God, will you take a picture with us?’ [He says], ‘Oh, be right there. Come outside and take a picture with us.’ He has no problem. He makes time for everybody. And so I look at that and I’m like, ‘Cat, if this is his attitude, I have no excuse.’ … He showed me something really interesting in the way that he approaches life and his lot in life. And I really deeply admire how he treats people.”

    Schwarzenegger and Ritchson filming a scene for Man with the Bag in New York on Jan. 15, 2025.

    Jose Perez/Bauer-Griffin/GC Images/Getty Images

  • Haugesund New Nordic Films Unveils French Focus Including a Case Study on ‘Ibelin,’ From ‘The Imitation Game’ Director Morten Tyldum (EXCLUSIVE)

    Haugesund New Nordic Films Unveils French Focus Including a Case Study on ‘Ibelin,’ From ‘The Imitation Game’ Director Morten Tyldum (EXCLUSIVE)

    New Nordic Films, the Norwegian International Film Festival’s industry confab in Haugesund, has announced the program for its first ever French Focus, set up to foster partnerships and co-productions between France and the Nordic countries.  

    The event, due to run Aug. 25-28, is organised by New Nordic Films in partnership with the Institut Francais de Norvège, the French Ministry of Europe and Foreign Affairs, France’s National Center for Cinema (CNC) and promotional body Unifrance. 

    Headlining the French Focus is a pitching session on Aug. 26 at the Nordic Co-Production Market of four French films in development, of which two are produced by pedigreed producer Les Valseurs, a Cannes Un Certain Regard Jury Prize winner this year for “Elephants in the Fog” and Un Certain Regard top prize winner in 2025 for “The Mysterious Gaze of the Flamingo.” 

    Produced by Les Valseurs co-founder Damien Megherdi, “Borderline” is the feature length spin-off of Yves Piat’s Oscar and César nominated short film “Nefta Football Club,” while “All the Softness in the World” is an ambitious animation project by Turkish artist Ayçe Kartal whose short film “Wicked Girl” was the first animation short to scoop the Grand Prix in Clermont-Ferrand in 2018.

    Two other directorial debuts make the cut: the creative documentary “Boutès” by Jeanne Géli and Loïs Szymczak, produced by Womanray’s Marielle Tricoire, co-producer of Jim Jarmusch’s “Father Mother Sister Brother” and “Temporary Lives” by Syrian-Norwegian filmmaker Wessam Hachicho, produced by Respiro Productions (“In the Nguyen Kitchen”).  

    Besides the four-title pitch, the French Focus will include a panel on co-production opportunities between France and the five Nordic countries, and a case study on the anticipated “Ibelin” by Norwegian-born Morten Tyldum, mostly famed for the Oscar-winning “The Imitation Game.” The biopic about online gamer Mats Steen – starring Charlie Plummer, Stephen Graham, Toni Collette, and Bill Nighy – is currently in production for France’s Vendôme Pictures, Pathé, and Norway’s Neby-Tyldum AS. 

    “I am incredibly happy that we are finally able to have a French focus in Haugesund,” said Gyda Velvin Myklebust, head of New Nordic Films. “French cinema is well-known internationally for high artistic quality, and we in the Nordic region have also recently made a strong mark internationally,” she added, referring to “Sentimental Value”’s Oscar win for Best International Feature, the first ever for Norway. “France and the Nordics have highly talented and ambitious filmmakers, and we believe our French focus will give wind to a French-Nordic wave of co-productions and creative collaborations between our countries.”

    For Kjersti Mo, CEO at the Norwegian Film Institute (NFI) the French Focus reflects “a growing recognition that European film depends on stronger international collaboration.”

    “France has one of Europe’s strongest film cultures and most developed production ecosystems, while the Nordic countries bring distinctive stories, strong creative talent and considerable international experience,” Mo added. “These different strengths are precisely what can make the partnerships valuable,” said the NFI chief, who also underscored that  “international collaboration is a central priority” in the institute’s new strategy. 

    Speaking to Variety, Michel Plazanet, CNC director of international affairs, pointed out that “the Nordic countries, which traditionally co-produce extensively among themselves, are now “seeking additional partners, particularly in France, as this opens up numerous opportunities: access to funding (such as “Aide aux Cinémas du Monde,” regional co-production funds, Arte, and SOFICA), distribution advantages (French sales agents have an excellent reputation, and French co-productions gain easier access to the Cannes and Annecy festivals), and better access to the French theatrical market, the largest in Europe, especially for arthouse cinema.”

    Conversely the Nordics offer clear advantages for French producers, Plazanet said, as the region boasts “robust institutions, substantial and diverse public and private funding, and reliable professionals accustomed to international co-production.”

    Aide au Cinéma du Monde

    So far 20 Nordic projects have received backing from the ACM including three Cannes entries from Joachim Trier (“Sentimental Value,” “The Worst Person in the World,” “Louder than Bombs”), and two from Tarik Saleh (“Eagles of the Republic,” Boys from Heaven”).

    Denmark, Norway, and Sweden are the most active [co-production] countries, but Iceland also performs very well, given its very small population,” Plazanet said. 

    Among the French Focus attendees, Julie Billy, founder of Paris-based June Films, was just granted ACM support for the Icelandic project in production “A Favour” by Grímur Hákonarson (“Rams”), and is developing a project with Norway’s Eye Eye Pictures (“Fjord,” “Sentimental Value”). “The French Focus comes at exactly the right moment,” said the producer, also interested in creators – notably from the Sámi community, “whose perspectives are unique and increasingly important on the international scene.”

    “I would love to see Norway as a minority co-producer in more French productions, and of course the other way around,” added Eye Eye Pictures co-founder Andrea Berendsen Ottmar who also hopes the French Focus will “inspire, so that we can help each other to think outside the box in terms of how we structure and finance our projects. Independent producers all over Europe need to stand together and support each other, and forums like this are very valuable in that sense,” she observed. 

    As noted by Plazanet, the French Focus plays within a series of French/Nordic industry events, multiplied in the last two years, that peaked in 2025 with the Visions Nordiques Festival in Paris. Next on the CNC’s top agenda is “an institutional alignment on key European issues, notably the transposition of the AVMS Directive and platform obligations.”

    The Norwegian International Film festival, running Aug. 22-28, will platform eight French films in its section French Touch. 

    Drilling down on the four French projects lined-up for the Nordic Co-Production Market

    “Bordeline” (“Sur la ligne,” Yves Piat)
    Produced by Daniel Megherbi, Les Valseurs

    Feature debut from the director of the 2020 Oscar-nominated short film “Neftah Football Club who has sketched out ideas from his short, together with writer Alaa Eddine Aljem (“The Unknown Saint”). The story turns Hishem, on a customs officer on the Algerian-Tunisian border, who encounters Tesla, a donkey lost in the desert with headphones over his ears, with a bag of cocaine on his back. 

    Producer Megherbi who co-produced with the Nordics Nepalese pic “Elephants in the Fog,” a Cannes’ Jury Prize winner, believes “Bordeline”’s deadpan, absurd humor, “somewhere between Elia Suleiman and the Coen brothers,” will resonate well with Nordic partners and the general audience. Public backers on board include the CNC, Région Nouvelle-Aquitaine and ICEC in Spain via Spanish co-producers Sumendi and BTeam Pictures. Filming is pencilled for April-May 2027. 

    “All the Softness in the World” (“Toute la douceur du monde,” Ayçe Kartal)
    Produced by Damien Megherbi, Les Valseurs

    Turkish animation filmmaker Ayçe Kartal and Megherbi reunite on the helmer’s feature length debut after his multi-awarded short film “Wicked Girls,” an Annecy Jury Prize) winner. Set in 1950, the story follows the young Levon who has grown up posing as a girl, to be protected from an ancient family vendetta. In his search for his true identity, Levon lands in Paris in the world of Haute Couture where he begins to recover a sense of self through creativity. 

    “I want to explore, through [Levon] an alternative history of fashion, one rooted in survival, not spectacle,” said Kartal in a statement. “At Haugesund, we hope to find a Nordic co-producer who understands what we’re trying to achieve with this project. It’s an ambitious, innovative piece of adult animation, and we want a partner who’s genuinely excited by that,” said Megherbi who’s secured development support from the CNC and Hauts-de-France region. 

    “Boutès” (Jeanne Géli, Loïs Szymczak)
    Produced by Marieke Tricoire, Womanray

    A liife-affirming documentary in which forensic pathologist Jeanne Géli turns filmmaker to capture the frailty and beauty of life, as her partner Loic Szymczak, an Olympic diver and visual artist, suddenly fights for his own life, upended by a malignant brain tumor. Together they move towards one act of faith-a performative dive in the heart of Paris. 

    “This film is, above all, a love story. We are making it to transform the reality of illness into poetic material,” said the co-directors. 

    Womanray founder Tricoire, who bridges luxury brands with film and served as co-producer on Jim Jarmusch’s Golden Lion winner “Father, Mother, Sister, Brother,” said she signed up for New Nordic Films when she found out that the founder of the extreme sport Døds diving (Death diving) was born in Norway. The project co-produced with Hutong in France, is currently shooting, with a delivery pencilled for 2028. 

    “Temporary Lives” (Wessam Hachicho)
    Produced by Amélie Quéret, Respiro Productions

    Wessam Hachido, a graduate from Oslo’s Westerdals film school and a former cinematographer in Syria, draws from her own uprooting experience to tell the story of a Syrian teenager refugee in Oslo and his estranged father as they seek asylum in Norway. “Beneath the [film’s] political context lies an intimate story about unresolved trauma, family bonds and the sacrifices parents and children make for one another,” said Hachido. The film also asks how institutions shape individual lives, as every decision the characters make becomes a negotiation between survival, dignity, and hope.”

    Queret, who met the rising filmmaker at the Less is More Lab, said she was blown away by Hachido’s script and “clear artistic identity.” In Haugesund, she will be looking for a Norwegian co-producer and access to Nordic funds. Filming is due to start in 2027. 

  • Layer-1 Blockchain Network Aptos Announces the Deployment of Privacy Feature on its Mainnet! Here Are the Details

    Layer-1 Blockchain Network Aptos Announces the Deployment of Privacy Feature on its Mainnet! Here Are the Details

    The Layer-1 blockchain network Aptos has announced the rollout of its new privacy solution, “Confidential $APT,” on its mainnet, which allows users to selectively keep their transaction data private.

    In a statement released on its social media platform X, the company said the new feature is optional and was specifically developed for corporate and regulatory compliance use cases.

    According to Aptos, Confidential $APT allows users to choose which information in their transactions is public and which remains private. This ensures the transparency of the blockchain while also allowing for the confidentiality of transaction details when needed.

    The company stated that the new feature is specifically intended for use in sensitive financial processes such as payrolls, corporate finance transactions, and business-to-business (B2B) payments. While privacy is paramount in the traditional financial world, the fact that all transaction data is publicly visible on open blockchains has been considered a significant obstacle for many organizations. With this solution, Aptos aims to offer an alternative to this problem.

    Recently, there has been a growing interest in privacy-focused technologies within the blockchain sector. Corporate companies and financial institutions, in particular, are showing increased interest in networks that develop infrastructure capable of protecting trade secrets while complying with regulatory requirements. Aptos aims to enhance its competitive edge in this area with its Confidential $APT.

    The company emphasized that the feature is entirely optional, stating that users can continue to conduct their transactions within the existing transparent structure if they wish. This provides a flexible usage model tailored to the diverse needs of both individual users and corporate clients.

    Industry experts believe that solutions that strike a balance between privacy and regulatory compliance can accelerate the enterprise adoption of blockchain technology. These features are particularly critical for businesses to be able to utilize blockchain infrastructure in sensitive processes such as payroll payments, internal financial transactions, and commercial payments.

    *This is not investment advice.

  • Raima Sen, Shrimoyee Chakraborty, Aarti Bajaj Team on Parno Mittra’s Producing Debut ‘The Music Teacher’ (EXCLUSIVE)

    Raima Sen, Shrimoyee Chakraborty, Aarti Bajaj Team on Parno Mittra’s Producing Debut ‘The Music Teacher’ (EXCLUSIVE)

    Acclaimed Bengali cinema actor Parno Mittra is stepping behind the camera as a producer for the first time with “The Music Teacher,” a British-Indian short film starring Raima Sen that begins principal photography this month in Kolkata.

    The project is co-produced by Tabernacle Street Films (U.K.) and Unscripted Co (India), the production banner Mittra is launching with this film. Written and directed by Shrimoyee Chakraborty, “The Music Teacher” is her first Bengali narrative film, following her documentary “Spirit of the Wildflower” and her work as creator and presenter of “India Bites.” Chakraborty also produces for Tabernacle Street Films, alongside Mittra’s producing role for Unscripted Co. Editor Aarti Bajaj, known for her work on “Jab We Met,” “Rockstar,” “Highway,” “Tamasha,” “Sacred Games,” “Jubilee” and “Amar Singh Chamkila,” comes aboard as co-producer.

    Sen takes the title role, with Niranjan Mondal, who appeared in “Laughtersane,” rounding out the cast.

    Inspired by Chakraborty’s mother, “The Music Teacher” is set in North Kolkata and centers on a young man struggling with depression who finds a path back to life through a teacher of Rabindra Sangeet, the genre of songs composed by Nobel laureate Rabindranath Tagore that remains central to Bengali culture. The film is billed as a tribute to Rabindra Sangeet and the educators who have preserved Bengal’s cultural heritage across generations, exploring resilience and human connection.

    Mittra has spent more than two decades building a career as one of Bengali cinema’s most established actors, with credits including “Doob (No Bed of Roses),” “Rajkahini,” “Apur Panchali” and “Ranjana Ami Ar Ashbona.”

    “‘The Music Teacher’ embodies the kind of cinema I want Unscripted Co to champion – stories that are deeply rooted, emotionally resonant and capable of travelling across cultures,” Mittra said. “After more than two decades as an actor, producing this film marks an exciting new chapter in my creative journey. As our first production, this project represents the beginning of the vision I have for Unscripted Co, and I couldn’t have asked for a more inspiring team to bring it to life.”

    “‘The Music Teacher’ is my love letter to my mother, to Rabindra Sangeet and to Kolkata,” Chakraborty added. “It’s an incredibly personal story, and I’m honored to be making it alongside such an extraordinary team.”

    “I’ve spent my career helping shape stories in the edit room, and producing feels like a natural extension of that journey,” Bajaj said. “‘The Music Teacher’ is intimate, deeply moving and profoundly human. I’m delighted to come on board as co-producer and help bring Shrimoyee’s beautiful vision to the screen.”

  • Bhutan’s GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge

    Bhutan’s GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge

    Gelephu Mindfulness City (GMC), a special administrative region in southern Bhutan, awarded 3iQ Corp. a mandate to manage part of its bitcoin $BTC$63,607.21 treasury, the firms said in an email.

    GMC declined to disclose the size of the mandate to CoinDesk.

    How the money will be run is the new information. GMC told CoinDesk it selected the Toronto-based company to generate long-term returns through a low-risk, market-neutral investment approach, meaning the reserve is to be deployed for yield rather than simply held.

    A market-neutral strategy covers a range of possibilities, including basis trades and lending. Such strategies usually yield at least 5% annually in the general market. GMC did not say whether any specific approach has been selected.

    In December, when Bhutan’s king, Jigme Khesar Namgyel Wangchuck, pledged up to 10,000 $BTC, then worth about $1 billion, the allocation was called a long-term national asset for the city’s development, with collateralization, treasury strategies or holding all listed as options still under consideration.

    The mandate’s size matters because the pledge behind it has been in question for months.

  • Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000

    Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000

    This reputation is not without foundation. Cramer’s prediction history is marked by notable flip flops and high profile misses.

    In December 2017, right as bitcoin was climbing toward its first run at $20,000, he called it “monopoly money” and said buying it was pure gambling and not investing. In September 2020, he supposedly bought the cryptocurrency around $10,000 after a podcast conversation with investor Anthony Pompliano, and later added more that year.

    The reversals kept coming. In June 2021, he sold most of his bitcoin holdings, citing China’s crackdown on crypto mining. Prices went on to hit lifetime highs near $70,000 by November 2021.

    In January 2024, he warned of a “nasty” bitcoin selloff following the debut of spot bitcoin ETFs in the U.S. While prices did drop slightly to $40,000, the decline was anything but nasty and by March, prices had rallied to $70,000.

    Cramer changed his view in January 2025, calling bitcoin “a great thing to have in portfolio” and urging investors to own the token themselves instead of seeking an indirect exposure through bitcoin-holding firm Strategy (MSTR).

    Last month, he swung bearish, calling bitcoin and gold “bad money” that’s being liquidated in favor of high-growth names like SpaceX, Apple and Nvidia. Now, in August 2026, he’s planning a full exit.

  • Does the US blockade on Cuba make America safer?

    Does the US blockade on Cuba make America safer?

    NewsFeed

    The Trump administration just escalated restrictions on Havana warning that Cuba remains a ‘threat to national security’. A former US policy advisor told Al Jazeera’s ‘This is America’ that he agrees, with Cuban intelligence being among ‘the best’, there is reason for concern.

  • Disney+ Sets Release Date for Hit Thriller Series ‘Made in Korea’

    Disney+ Sets Release Date for Hit Thriller Series ‘Made in Korea’

    Hyun Bin and Jung Woo-sung’s hit cat-and-mouse thriller series is entering its endgame. Made in Korea, Disney+’s prestige period crime drama, will return Sept. 9 for a second and final season, with the streamer dropping a teaser trailer for the six-episode conclusion on Tuesday.

    Season two picks up nine years after the first season’s events. Baek Kitae (Hyun Bin), having framed the one prosecutor he couldn’t buy, has risen to deputy director of the KCIA, growing his fortune and expanding his drug operations across the region. But as political turmoil spreads, his old nemesis Jang Geonyoung (Jung Woo-sung) steps out of the shadows to enact a carefully plotted revenge — with both men, as Disney puts it, prepared to “break every rule and cross every line to eliminate the other once and for all.”

    The first season, which premiered in December 2025, introduced Kitae as an ambitious KCIA agent living a double life: government operative by day, smuggler by night, using his illicit empire to consolidate power, protect his brother and enrich the agency — until he collides with a prosecutor who couldn’t be bought or bribed. Disney renewed the show for a second season before the first had even aired, and the series eventually ranked as the most-viewed Korean original premiere of 2025 on Disney+ across Asia-Pacific.

    The new season reunites the same core creative team. Park Eun-kyo, co-writer of Bong Joon Ho’s Mother, again scripted every episode, with filmmaker Woo Min-ho, known for his political thrillers The Man Standing Next and Inside Men, returing to direct. Park is also in business with Disney as the writer of The Koreans, Hulu and Disney+’s high-profile forthcoming local reimagining of FX’s The Americans. Woo Dohwan (Bloodhounds) returns to the series as Kitae’s brother, Baek Kihyun. The series is again produced by local powerhouse Hive Media Corp. 

    The final season opens with two episodes on Sept. 9, followed by two new episodes each Wednesday through the Sept. 23 finale, streaming on Disney+ and Hulu. 

  • ‘Ice Cream Man’ Review: Eli Roth’s Small-Town Horror Flick Is for Diehard Slasher Fans, and Absolutely No One Else

    ‘Ice Cream Man’ Review: Eli Roth’s Small-Town Horror Flick Is for Diehard Slasher Fans, and Absolutely No One Else

    If you’re looking up the credits for Ice Cream Man on IMDB, you might as well skip past director/co-screenwriter Eli Roth and the extensive cast list. Because the real stars of this ultra-gonzo horror film are the folks in the makeup department, especially prosthetics designers Steve Newburn and Adrien Morot (the latter an Oscar winner for his work on The Whale). Sure, Roth came up with the story and co-wrote the screenplay. But his efforts would have been for naught if you didn’t fully believe the sights of young children dismembering their parents’ bodies or playing games of tetherball and tag with human heads. Not to mention the tug of war using human intestines.

    If all of that sounds like a euphoric cinematic experience, then this the film for you. It’s certainly the film for its auteur, who conceived the idea more than two decades ago and has been trying to make it ever since. Since the major studios passed on his idea about a townful of kids turned into crazed, murderous zombies, Roth formed his own company, The Horror Section, to distribute his labor of love. Not surprisingly, the film is being released unrated.

    Ice Cream Man

    The Bottom Line

    Catnip for gorehounds.

    Release date: Friday, August 7
    Cast: Ari Millen, Benjamin Byron Davis, Eli Roth, Karen Cliche, Dylan Hawco, Sarah Abbott, Shiloh O’Reilly, Kiori Mirza Waldman, Charlie Zeltzer, Charlie Storey
    Director: Eli Roth
    Screenwriters: Eli Roth, Noah Benson

    1 hour 26 minutes

    The film doesn’t feature a particularly complicated scenario. The strange-looking driver of a weirdly decorated ice cream truck driving through the sort of idyllic American small town painted by Norman Rockwell distributes his frozen wares to the local children, and they promptly turn into homicidal little creatures staring blankly into space and sporting severely discolored lips. They go after their adult prey with such demonic enthusiasm it makes you wonder why George Romero never thought of the idea, a sort of “Bugsy Malone of the Living Dead.”

    One hopes Roth has gotten his worst instincts out with this effort, which, considering that it comes from the maker of such films as Cabin Fever, Hostel and Thanksgiving, is saying something.

    The silent, perpetually smiling ice cream truck vendor, played chillingly by Canadian actor Ari Millen (Orphan Black), is certainly a creepy figure who could give Art the Clown in the Terrifier movies a run for his money. Except that the Ice Cream Man is less a psycho killer than an evil enabler, one whose frozen treats turn otherwise normal children into pint-sized killing machines displaying remarkable ingenuity in their methods of slaughter. The Ice Cream Man does pitch in at times, including serving a teacher’s scooped-out brains to him in a cone.

    The little darlings, who include a girl who walks around the neighborhood holding her mother’s severed head like a trophy, display the usual playfulness of summer campers. They also seek to swell their ranks by force-feeding the ice cream to any fellow children who haven’t yet been infected. Their carnage — exemplified in a lengthy, virtuosic sequence in which they attack the adult teachers and employees at their grade school with frenzied abandon — includes the sort of gruesome playground activities involving severed body parts that makes one hope the child actors had recourse to on-set psychiatric counseling.

    There’s a backstory of sorts, told by a local priest (Benjamin Byron Davis) and involving a travesty of justice followed by revenge facilitated by a necromancer. But it almost seems unnecessary, since the film’s true raison d’etre is demonstrating the amazing talents of its prosthetics designers, who have created such a relentless series of horrific bodily images that it’s easy to imagine blood-crazed audiences applauding them like musical numbers. The reliance on practical effects rather than the CGI employed by so many current horror films at least proves refreshing.

    The visuals are also packed with throwaway jokes, including one drive-by decapitation that should be accompanied by a rim shot, and deadpan visual flourishes like a crow pecking out the eyes of a corpse in the foreground of a shot.

    There have been plenty of horror movies involving murderous children over the years, such as Village of the Damned and its sequel and, of course, Children of the Corn. But Roth doesn’t hide his desire to outdo them all with this effort that can only be described as sick and twisted. And I’m sure he’ll take that as a compliment.