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The SEC moved to settle its case against Justin Sun for $10 million over alleged violations tied to tokens TRX and BTT.
To impose the fine, the SEC effectively asserted that TRX had been offered as a security at some point.
Experts say this position could complicate the regulator’s narrative that most crypto tokens fall outside securities law.
Last week, the SEC did something rather unusual for the Trump era—it announced a plan to fine a crypto company for violating America’s securities laws.
Since President Donald Trump’s return to power, the Wall Street regulator has dropped virtually all crypto-related cases it inherited from prior administrations. The agency’s new leadership has argued it should have no part in regulating most crypto activity.
But on Thursday, the SEC moved to settle its longstanding case against Justin Sun, a controversial crypto entrepreneur with business ties to the Trump family. Legal experts say the unique dynamics of the settlement may have unforeseen implications—and, potentially, undermine some of the logic propping up the Trump SEC’s aggressively pro-crypto posture.
In 2023, the SEC under President Joe Biden accused Sun not only of offering unregistered securities in the form of two crypto tokens—TRX and BTT—but also of manipulating the secondary markets for those tokens with wash trading.
Within weeks of Trump’s return to the White House, however, the SEC paused the case. The move prompted an uproar among Democrats, who highlighted Sun’s payments of tens of millions of dollars to Trump family cryptoprojects. Sun quickly became the face of political attacks regarding the president’s alleged “crypto corruption.”
Last week, the SEC finally announced a plan to settle its case against Sun for $10 million and dismiss all outstanding charges against the entrepreneur. Sen. Elizabeth Warren (D-MA) swiftly blasted the deal, which still needs to be approved by a federal judge, as a “free pass” handed to a “crypto billionaire with ties to Donald Trump.”
But there may be more to the proposed settlement than meets the eye. While the agreement between Sun and the SEC did not require the crypto entrepreneur to admit any wrongdoing, it did expressly state Sun needed to pay the $10 million for violating the Securities Act of 1933.
If the SEC wanted to fine Sun, it had to claim jurisdiction over his case. But does that mean the Trump SEC still contends TRX or BTT were, in fact, securities? Such an admission could constitute a huge shift in the SEC’s approach to crypto, given the regulator has dismissed nearly every other ongoing case involving similar tokens.
A source familiar with the SEC’s thinking confirmed the agency did, in fact, take such a view when deciding it had jurisdiction to settle its case against Sun.
“The SEC has jurisdiction because it alleged in the amended complaint that, at the time of the wash trading, TRX was offered and sold subject to an investment contract,” the source told Decrypt.
Amanda Fischer, a former SEC official who worked at the regulator when Sun was initially charged, told Decrypt she found the explanation strange. If the SEC believes TRX was offered as a security, then U.S.-based crypto platforms that listed the token should therefore also be considered unregistered securities exchanges, she said.
What’s more, TRX is not unlike numerous other crypto tokens listed by crypto exchanges previously sued by the SEC, including Coinbase and Kraken. SEC lawsuits against Coinbase, Kraken, and other major crypto exchanges were dismissed when Trump returned to office last year.
The SEC declined to comment for this story. Representatives for Sun did not respond to Decrypt’s requests for comment.
Fischer argues the SEC is only asserting jurisdiction over TRX because agency leadership found itself stuck between a rock and a hard place. Drop all charges against someone like Justin Sun and face immense public blowback; pursue the case against him, and the SEC would have to explain in court why this crypto offering is a security but most aren’t.
A relatively small fine may have emerged as the best compromise, Fischer said. But now, the move has potentially put the SEC in an awkward position.
“The agency is desperate to save face and create the appearance that they’re enforcing the law against the president’s benefactors by imposing a sweetheart settlement,” Fischer said. “After scolding the Gensler SEC for creating ‘uncertainty,’ the Commission now asserts jurisdiction when it’s politically convenient.”
Gary Gensler, the previous chair of the SEC, was endlessly criticized by crypto leaders for taking a case-by-case view of digital assets. In contrast, the Trump SEC has pledged to create simple, uniform rules that will allow most crypto projects to breathe easy.
But if the Trump SEC now contends TRX was a security offering—at least at some point—legal experts say that view could throw a wrench in the regulator’s laissez faire crypto logic.
“The whole message has been we want clear rules of the road,” Drew Rolle, a partner at Alston & Bird specializing in securities law and crypto, told Decrypt. “That’s what makes this interesting.”
Rolle said that, in light of the Justin Sun settlement, crypto projects may have to continue deducing for themselves what types of crypto tokens and sales potentially trigger securities laws—even if the Trump SEC has promised most crypto tokens shouldn’t be considered securities.
Andrew Hinkes, a crypto-focused partner at Winston & Strawn, agreed. He said the SEC’s settlement with Justin Sun suggests the agency is now taking the view that crypto tokens can be sold in ways that trigger the securities laws, even if the tokens are not themselves securities.
“The fact that the SEC is settling this action suggests that the SEC seems to believe that the instruments at issue were offered in investment contracts at the relevant time,” Hinkes told Decrypt.
It remains to be seen whether the SEC will actually enforce that view broadly, or if it was unique to Justin Sun’s case. But the move could immediately impact other litigation—such as private lawsuits filed by TRX holders against Sun.
“I wouldn’t be surprised if potential claimants point to this and try to leverage it,” Rolle said.
Editor’s note: Updated name of law firm from Alliston & Bird to Alston & Bird
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As part of the move, Myriad, owned by Decrypt’s parent company Dastan, is migrating its entire prediction market catalog to BNB Chain.
The move will result in a “faster, simpler, and more consistent prediction environment,” according to Myriad, replacing the current fragmented multi-chain experience with a single, unified standard.
Myriad’s migration to BNB is “long overdue,” said Myriad Markets co-founder and President Farokh Sarmad, adding that, “With over $5 billion in TVL and millions of active users, we needed a home that can sustain the incoming growth of our platform.”
Earlier this year, Myriad became the first prediction market to integrate USD1, a stablecoin launched by the Trump-backed DeFi platform World Liberty Financial, on its 5-minute markets.
Partnering with USD1 was a no-brainer, said Farokh, calling it a “top stablecoin” that will enable deeper integration with the BNB Chain ecosystem.
Myriad’s tie-up with USD1 underpins the prediction market’s incoming transition from an automated market maker liquidity model to a Central Limit Order Book (CLOB), enabling an array of new features including slippage controls, limit orders, dynamic fees, and broader market information for users.
A CLOB, which matches buy and sell orders based on price and time priority, enables users to trade directly with each other rather than through an intermediary. “The CLOB is by far the most important update to Myriad,” said Farokh, adding that it will “unlock billions of dollars being able to be traded on our platform and 100x our user base.”
Myriad Season 3
Simultaneously, Myriad is launching Season 3 with “game-changing updates across the platform.”
Season 3 launches alongside the full rollout of Myriad Wallet across the platform. Built from the ground up for speed, the Myriad Wallet is optimised for fewer approvals and lower gas costs. Integrated with MoonPay as Myriad’s official payments partner, the Myriad Wallet enables users to deposit in seconds from over 12 currencies, with a simple user flow.
In response to user feedback, Season 3 introduces an overhauled leaderboard and points structure, with points now distributed every 7 days and taking into account an array of metrics rather than a single signal.
That lays the groundwork for Myriad’s journey into the MYR ecosystem, with participants who contribute liquidity, information, and infrastructure to the network able to claim rewards when the system goes live. “Season 3 will play the biggest role in what comes next,” said Farokh. “So even if you missed earlier seasons, there’s still plenty of time to catch up!”
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NEW YORK (AP) — This stowaway truly was sly as a fox.
A red fox somehow slipped onto a cargo ship that traveled from Southampton, England, to New York, where the animal is now in the Bronx Zoo’s care.
The zoo said Wednesday that the 11-pound (5-kilogram) male fox appears healthy after early examinations.
“He seems to be settling in well,” Keith Lovett, the zoo’s director of animal programs, said by phone. “It’s gone through a lot.”
It’s not clear how the animal got on the ship full of automobiles, which left Southampton on Feb. 4, according to the zoo. The ship arrived Feb. 18 at the Port of New York and New Jersey, and officials brought the fox to the zoo the next day. He’s estimated to be 2 years old.
Zoo representatives weren’t sure how and when the fox was discovered. Messages seeking those details were sent to government agencies involved with the port.
The species, formally named Vulpes vulpes, is widespread in Europe, Asia, North America and parts of Africa. A long-term home for this fox will be found once he clears some more health screening.
For now, he’s in the zoo’s veterinary center. Being an omnivore, he’s getting a diet of produce, proteins and some biscuit-like items.
In her long-awaited memoir, Kids, Wait Til You Hear This!, showbiz icon and EGOT winner Liza Minnelli — who turns 80 on March 12 — pulls back the curtain on a life lived at maximum volume. Across its 400-odd pages, the Cabaret star dishes on a life filled with famous friends, explosive romances, family wounds and backstage chaos.
The Hollywood Reporter has sped-read through the book to compile a list of its wildest anecdotes and confessions, which include the full retelling of her Oscar-night humiliation; the inside account of her drug-fueled affair with Martin Scorsese; and gory new details behind two of her doomed marriages.
Minnelli claims Lady Gaga insisted on a wheelchair at 2022 Oscars — and subjected her to a cognitive test
Minnelli recalls the chaos surrounding her appearance at the 2022 Academy Awards, writing that after witnessing Will Smith slap Chris Rock onstage, she thought “nothing worse could happen that night,” only for what she describes as her own nightmare to unfold backstage. Scheduled to present best picture with Lady Gaga while commemorating the 50th anniversary of Cabaret, Minnelli says that minutes before air she was told she could not sit in the director’s chair she had requested. According to Minnelli, Gaga then insisted she would not go onstage unless Minnelli used a wheelchair and even suggested she might be better off going home. “Why?” Minnelli writes was her incredulous response. She adds that Gaga quizzed her backstage to test whether her memory was intact, asking the name of the film being celebrated and the character she had played in it. In the confusion, Minnelli says she was pushed onstage seated so low that she struggled to read the teleprompter, creating the impression she was not only physically frail but mentally diminished. “That night and in the days that followed, [Gaga] was widely praised for this seemingly gentle gesture, which came at my expense,” Minnelli writes, adding that she has never received an apology for what she describes as a humiliating moment.
She says ex-husband David Gest manipulated her, drained her finances and nearly stole her art
Minnelli portrays her marriage to David Gest as a con that devolved into financial and emotional exploitation, writing that the concert promoter won her over with grand promises about reviving her career. “Liza, you deserve to be the biggest star in the world. And that’s what we’re going to do, together,” she recalls him telling her, though she says the relationship soon became transactional once concert money began flowing in. Gest gained access to her accounts, she writes, and “just took whatever he wanted… He threw it away as if we were billionaires.” At one point, she says, she realized he was eyeing her valuable art collection. “He was coming for my Warhols!” Minnelli writes, noting that friends including Andy Warhol and designer Halston had long warned her to protect the pieces. When Gest allegedly tried to sell them while she was out of town, she says he discovered he had access only to copies. “Loser!” Minnelli adds. She also recalls feeling repulsed at their wedding by what she describes as an aggressive public kiss, writing that Gest “plunged his tongue deep into my mouth. Like a shark mangling a piece of meat… It was grotesque.”
Minnelli walked in on first husband Peter Allen having sex with another man
Minnelli recounts one of the most shocking moments of her marriage to Peter Allen when she returned home unexpectedly from a shopping trip and walked into their apartment to find him having sex with another man in their bed. “My center of gravity crumbled. My mind was spinning… all I could do was stand there. Disbelieving and numb,” she writes. Allen soon approached her in tears and confessed, “Liza, I love you more than anyone in the world… and I’m gay.” Minnelli says the revelation did not immediately end the marriage. “In the end, this didn’t break us. In that sad moment of discovery, we still felt enormous love for each other,” she writes, though the image lingered painfully: “Whenever we were apart, the image of two men having sex in our bed would come racing back into my brain.”
Mother Judy Garland’s addiction forced Minnelli to become her full-time caretaker at 13
Minnelli writes that growing up with Judy Garland forced her into adult responsibilities almost immediately. By 13, she says, she had effectively become her mother’s caretaker, acting as “a nurse, doctor, pharmacologist, and psychiatrist rolled into one,” while monitoring Garland’s medication and giving her pills so she could function. “Then I’d watch to make sure she was okay,” Minnelli writes, recalling how she even called doctors herself begging for prescription refills. She says she also learned early how volatile her mother could be. “At 5 years old, I learned that if Mama got angry, she was the most terrifying person in my life,” she writes, adding that the chaos of Garland’s addiction left her with a lasting trigger, “a horror of screaming voices.” Financial instability was constant as well. Minnelli remembers repeatedly sneaking out of hotels because Garland could not pay the bill, piling on layers of clothes with her siblings before slipping out the door. “We’d put on all the clothes we could, maybe five layers, and walk out laughing,” she recalls. Even amid those crises, Minnelli says Garland remained acutely aware of her public image. “Mama wanted people to feel sorry for her. No matter how bad the stories were, she loved playing the victim,” she writes, describing it as an early form of celebrity branding.
Minnelli details her torrid, cocaine-fueled affair with Martin Scorsese
Minnelli describes her romance with New York, New York director Martin Scorsese as volatile and passionate, writing that “our love affair had more layers than a lasagna.” The two bonded, she says, over their shared Italian heritage and artistic intensity. “We were both Italian. Passionate. Intense. Committed to our craft. We both had volcanic tempers.” As production progressed on the film, which she says unsettled her because of its reliance on improvisation, Scorsese’s cocaine use escalated. “It seemed that was no longer recreational for either of us. It was day and night. On the set, in between takes, and when we went out in the evening,” she writes, adding that the pair were “constant companions” during that period. Scorsese, she recalls, insisted the drug fueled his creativity. “Marty claimed the drug helped his creative juices. Sure it did. Or is that just one more fabulous lie you tell yourself when you’re in the grip of substance abuse? Only Marty can answer that for himself.”
Oscars producers have promised that they “want everybody to feel safe and protected” at the 2026 Academy Awards on Sunday amid reports of an FBI alert about Iran‘s plan to attack California with drones.
During a press conference on Wednesday, days before Hollywood’s biggest night at the Dolby Theatre, Oscars telecast executive producers Katy Mullan and Raj Kapoor said the ceremony will have increased security.
“We have the support of the FBI and the LAPD, and it’s a close collaboration,” Kapoor said. “This show has to run like clockwork. But we want everybody that is coming to this show, that is witnessing the show, that is even a fan of the show when they’re standing outside the barricades, we want everybody to feel safe and protected and welcome, so it’s our job as a producing team to make sure that that translates.”
The Hollywood Reporter has reached out to the Los Angeles Police Department and the Los Angeles County Sheriff’s Department for comment, but did not hear back at the time of publication.
While security will be increased at the Oscars again this year, security at the celebrity-filled awards show has always been robust in the past as well.
The producers didn’t comment on the alleged FBI alert directly, but their comments came shortly after reports that the federal agency had warned California law enforcement in recent days about the possibility of a retaliatory drone attack by Iran.
“We recently acquired information that as of early February 2026, Iran allegedly aspired to conduct a surprise attack using unmanned aerial vehicles from an unidentified vessel off the coast of the United State Homeland, specifically against unspecified targets in California, in the event that the US conducted strikes against Iran,” the alert read, which was distributed at the end of February, according to ABC News. “We have no additional information on the timing, method, target, or perpetrators of this alleged attack.”
California Gov. Gavin Newsom shared on X that he is also monitoring any potential threats to the Golden State.
“I am in constant coordination with security and intelligence officials, including at @Cal_OES, to monitor potential threats to California — including those tied to the conflict in the Middle East,” he wrote. “While we are not aware of any imminent threats at this time, we remain prepared for any emergency in our state.”
Since the conflict between the U.S. and Iran started at the end of February — the military strikes were coordinated by the Trump administration and Israel, targeting Iranian military infrastructure, nuclear facilities and leadership — there have been ongoing concerns that Iran could seek to retaliate on American soil as tension in the Middle East continued to rise.
SPOILER ALERT: Details follow for Season 14, Episode 9 of “The Masked Singer,” “Care Bears Night,” which aired March 11 on Fox.
Well, some of the crowd are on the pitch. They think it’s all over. Well, it is now! Former soccer player-turned-Fox Sports analyst Alexi Lalas was the latest celebrity to be unmasked on Season 14 of the Fox singing reality competition, as High Voltage.
Among the panelists, no one got it right — although Robin Thicke was closest, with another Fox Sports analyst covering another kind of football, Tom Brady. Ken Jeong guessed Travis Kelce. Jenny McCarthy-Wahlberg went with Julian Edelman. Rita Ora thought it was Jason Sudeikis.
Lalas ended his run by performing “Bad Day,” by Daniel Powter. His previous songs included “Everybody Wants to Rule the World,” by Tears for Fears; “Miles On It,” Kane Brown and Marshmello; and “Paranoid,” by Black Sabbath
Here’s what Lalas, as High Voltage, said in his first appearance of this season: “When I first began my career, the idea of blending in was my biggest fear. I was always more interested in being a leader in my field. Sometimes you gotta get a little crazy to draw a lot of attention. So I listened to my gut and billions took notice. Suddenly, people were plugged in. I’ve been called a patriot, a revolutionary, changing the fabric of American culture. And my Masked Singer mission is taking home that trophy.”
In his second appearance, he added: “I had my own band of brothers. We went through everything together. The practice, the victories and the defeats. But, I knew if I wanted higher stakes in the game, I’d have to do more than play it. So, I cut the cord. And went out on my own. It could have been a huge disaster. But, I crushed it. I run businesses, bands, podcasts, anything to stay current.”
Contestants Pangolin, Pugcasso, High Voltage and Crane opened the show by singing “Walking on Sunshine,” by Katrina and the Waves.
On this week’s episode, the bottom two were Pangolin and High Voltage (who was also in the bottom two last week). They battled by both performing their own versions of “I’m So Excited,” by the Pointer Sisters. Pangolin was saved, leaving High Voltage to be unmasked as Lalas.
Before he was unmasked, High Voltage gave one more clue: Cleats. “The right shoes can carry you through any game in life.”
With High Voltage gone, that leaves Pangolin, Galaxy Girl, Stingray, Cat Witch, Pugcasso and Crane left in the competition.
Alexi Lalas (High Voltage) joins Jack Wagner (Eggplant), Heidi Montag (Snow Cone), Billy Ray Cyrus (Owl), Teddi Mellencamp (Calla Lily), Claudia Oshry (Queen Corgi), Taraji P. Henson (Scarab), Tone Loc (Handyman), Tiffany Haddish (Le Who Who), Todd and Julie Chrisley (Croissants) and David “Big Papi” Ortiz (Googly Eyes) as the celebrities unmasked so far on “The Masked Singer” Season 14.
Back for Season 14 are host Nick Cannon, alongside panelists McCarthy Wahlberg, Jeong, Ora and Thicke.
New this season is “America’s Insider,” in which singer, dancer and social media personality Kylie Cantrall will share behind-the-scenes hints and clues for viewers. The twist: Cantrall is in costume as Cat Witch, but will only unmask for viewers — so the audience knows who she is, but the panelists don’t.
“The Masked Singer” Season 14 themed episodes include a tribute to “Star Trek,” the ‘90s comedy “Clueless,” the comic franchise “Teenage Mutant Ninja Turtles” and the blockbuster “Twilight Saga” films. Also Fox’s new “Fear Factor” reboot will feature host Johnny Knoxville in a “Fear Factor: House of Fear Night,” and an “Ozzfest Night” honors late rocker Ozzy Osbourne, including a special tribute by “Masked Singer” alum Kelly Osbourne (Season 2’s Ladybug) saluting her father’s musical influence.
The 18 Masked contestants in Season 14 include Eggplant, Pugcasso, Queen Corgi, the Croissants, Owl, 14 Karat Carrot, Snow Cone, Galaxy Girl, High Voltage, Googly Eyes, Scarab, Handyman, Crane, Le Who Who, Pangolin, Stingray, Cat Witch and Calla Lily.
Per the show, the Season 14 contestants have sold a combined 94 million records, received 47 Teen Choice Award nominations, 12 Emmy nominations, two stars on the Hollywood Walk of Fame, one Tony Award win and one Academy Award nomination.
Here were the performances on Wednesday’s episode.
Nick Cannon and Pangolin, “The Masked Singer”
Trae Patton
Pangolin
Song: “What A Feeling (Flashdance)” by Irene Cara
Clue: About Christina Perri: “Our girls nights together have truly been some of the most meaningful and fun of my career.”
Panel guesses: Meghan Trainor, Jennifer Nettles, Sara Bareilles, Vanessa Carlton
Previous songs: “Ironic,” by Alanis Morrisette; “Mama, I’m Coming Home,” by Ozzy Osbourne
Previous panel guesses: Sara Bareilles, Christina Perri, Katy Perry, Vanessa Carlton, Michelle Branch
Pangolin voiceover: “It’s Care Bears night and I am loving being here. But the Jenny, the way you’re guessing, it’s going to take you 1,000 years to get me. So, spoiler alert, I’ve got a friend here to bring you to your senses. Check out this colossal clue.” (Christina Perri: “You’ve got it all wrong. She’s not me, and I’m not her. But Pangolin and I do love a girls night out together and I can’t wait for the next one.”)
High Voltage, “The Masked Singer”
Trae Patton
High Voltage
Song: “Bad Day,” by Daniel Powter
Clue: Cowboy on a horse. “I love me a little country. I know how to make an entrance. And I’ve been feeling 22 for a long time now.”
Panel guesses: Dax Shepard, Travis Kelce, John Rich
Previous songs: “Everybody Wants to Rule the World,” by Tears for Fears; “Miles On It,” Kane Brown and Marshmello; “Paranoid,” by Black Sabbath
Previous panel guesses: Conan O’Brien, Julian Edelman, Jimmy Fallon, John Stamos, Billie Joe Armstrong, John Rzeznik, Tim Allen
High Voltage voiceover: “Are we talking about feelings tonight? Well, I feel super charged. But panel, you’re still completely in the dark. So here’s something to shock you. And I’m talking to you, Rita. Because spoiler alert, the biggest clue has been right in your face the whole time. Don’t be grumpy, I’m just stating the obvious.”
Pugcasso, “The Masked Singer”
Trae Patton
Pugcasso
Song: “Dreams,” by the Cranberries
Clue: Olympic torch. “Being a part of the Olympics, it changed my life forever. I never imagined I’d have the whole world’s attention.”
Panel guesses: Gavin DeGraw, Jason Mraz, Pat Monahan
Previous songs: “Ordinary,” by Alex Warren; “Fake Plastic Trees,” by Radiohead; “Too Much,” by Spice Girls
Previous panel guesses: Dan Reynolds, Darren Criss, Ryan Tedder, Jack Johnson, Rob Thomas, Pat Monahan of Train; Vance Joy; Charlie Puth
Pugcasso voiceover: “Just like those Care Bears, I have all the feelings from making it this far. But Ken, I’m tired of watching you throw paint at the wall. I mean, you’re the sports guy. So, spoiler alert: This isn’t my first competition. I’ve even taken the Olympics by storm. I’m just trying to help.”
Crane, “The Masked Singer”
Trae Patton
Crane
Song: “Good Luck, Babe!” by Chappell Roan
Clue: Wedding proposal from a football player. “I just kicked off my next chapter with a major win. And I couldn’t be happier.”
Panel guesses: Taylor Swift, Normani
Previous songs: “It’s Not Right But It’s Okay,” by Whitney Houston; “Say You’ll Be There,” by Spice Girls
Crane voiceover: “I never thought I’d find myself at the bottom last time. It made me realize how lucky I am to be here. But you threw out the same wrong name twice. So, spoiler alert. Robin, I’m not Ashanti. Did that ruffle your feathers?”
Past “The Masked Singer” winners include T-Pain as Monster (Season 1), Wayne Brady as Fox (Season 2), Kandi Burruss as Night Angel (Season 3), LeAnn Rimes as Sun (Season 4), Nick Lachey as Piglet (Season 5), Jewel as Queen of Hearts (Season 6), Teyana Taylor as Firefly (Season 7), Amber Riley as Harp (Season 8), Bishop Briggs as Medusa (Season 9), Ne-Yo as Cow (Season 10), Vanessa Hudgens as Goldfish (Season 11), Boyz II Men as Buffalos (Season 12) and Gretchen Wilson as Pearl (Season 13).
“The Masked Singer” comes from Fox Alternative Entertainment. Rosie Seitchik, Craig Plestis and Cannon are executive producers, while Seitchik serves as showrunner. The series is based on the South Korean format created by Mun Hwa Broadcasting Corp.
Where can you find an Oscar-winning actress chatting up one of the world’s biggest pop stars?
Well, during Oscars week in Los Angeles, that’s pretty much anywhere — but there’s no place quite like Diane von Furstenberg’s annual luncheon celebrating the year’s female Oscar nominees.
This year’s garden party was particularly star-studded, with the likes of “Marty Supreme” star Gwyneth Paltrow (the aforementioned Oscar winner) catching up with Katy Perry, only to be interrupted by producer and philanthropist Nicole Avant Sarandos, then Demi Moore and finally Tracee Ellis Ross. Within minutes — and with the addition of posh jewelry designer Jennifer Meyer to the huddle — some of the industry’s most high-profile entertainers and entrepreneurs had assembled on the well-manicured lawn.
Oh, and while this A-list group caught up with one another, von Furstenberg stood just around the corner posing with legendary actress and activist Jane Fonda.
A lineup of talent like this — plus Anita Hill, Quinta Brunson, Tig Notaro, Fran Drescher, Lisa Ann Walter, Grace van Patten, Sabrina Impacciatore, Rachel Zoe, Elaine Welteroth, Rita Wilson, Diane Warren, Luna Blaise, Maggie Baird, Rozzi and “Sinners” Oscar nominees Ruth E. Carter and Autumn Durald Arkapaw — really gives new meaning to the term “power lunch.”
For the last 13 years, von Furstenberg has hosted the celebration at her Beverly Hills mansion. This year, she noted, all of the nominees got a gold sticker upon arrival to wear as a badge of honor. It was a last-minute idea, but a key one.
“It’s very important that you know who everybody is, because then you make new friends,” von Furstenberg said, taking the microphone as the crowd sat down for lunch, curated by chef Jane Coxwell. “You are all in the same industry, an industry that is not necessarily pro-women.”
That reality makes events like this one particularly key, the fashion designer explained, with Fonda — wearing her new signature “Resist” t-shirt — seated at her right hand. (Fonda was a co-host at this year’s luncheon alongside Moore, Avant Sarandos and Ross, and an audience with her was equally as coveted as a selfie with fellow attendee Paris Hilton.)
“[I thought] being kind was always being stupid, but lately I discovered the power of [it],” she said. “Kindness is like a currency, and it compounds like money.”
And women are uniquely positioned to make that currency count.
“Women always have the solutions, but women always have the power of seduction. And seduction is not only about showing your legs — although if you have good ones, you can,” von Furstenberg quipped, as the crowd chuckled. “It is about making other people believe that your ideas and your solutions are theirs. And right now, we have to use all the tools,” she continued. “Because right now is a time that we need strength, we need belief, we need values, and the best way to pass on the message is by kindness.”
Scroll below for an inside look at the star-studded event.
Katy Perry, Tracee Ellis Ross and Demi Moore
Image Credit: Stefanie Keenan/Getty Images for DVF
Katy Perry, Tracee Ellis Ross and Demi Moore smile for photos inside the luncheon.
Katy Perry, Nicole Avant Sarandos and Gwyneth Paltrow
Image Credit: Stefanie Keenan/Getty Images for DVF
Nicole Avant Sarandos flanked by Katy Perry and Gwyneth Paltrow.
Odessa Rae, Rita Wilson, Jane Fonda and Diane von Furstenberg
Image Credit: Emma McIntyre/Getty Images for DVF
Diane von Furstenberg (right) poses with Odessa Rae, Rita Wilson, and Jane Fonda.
Anita Hill and Quinta Brunson
Image Credit: Emma McIntyre/Getty Images for DVF
“Abbott Elementary” and “Zootopia 2” star Quinta Brunson (right) smiles for a photo with Anita Hill.
Tracee Ellis Ross and Jennifer Meyer
Image Credit: Stefanie Keenan/Getty Images for DVF
Tracee Ellis Ross pals around with Jennifer Meyer.
Fran Drescher and Lisa Ann Walter
Image Credit: Emma McIntyre/Getty Images for DVF
Fran Drescher and Lisa Ann Walter.
Li Jun Li, Autumn Durald Arkapaw, Ruth E. Carter, Hannah Beachler, Shunika Terry-Jennings and Monique Champagne
Image Credit: Stefanie Keenan/Getty Images for DVF
Team “Sinners” — Li Jun Li, Autumn Durald Arkapaw, Ruth E. Carter, Hannah Beachler, Shunika Terry-Jennings and Monique Champagne — assembles inside the luncheon.
Autumn Durald Arkapaw
Image Credit: Emma McIntyre/Getty Images for DVF
“Sinners” cinematographer Autumn Durald Arkapaw signs the poster-sized guest book at the event.
Rozzi and Grace Van Patten
Image Credit: Emma McIntyre/Getty Images for DVF
Rozzi and Grace Van Patten pose for a photo.
adeline Sharafian, Gwendolyn Yates Whittle, Paris Hilton, Domee Shi and Diane Warren
Image Credit: Emma McIntyre/Getty Images for DVF
Paris Hilton (center) takes a selfie with Madeline Sharafian (“Elio”), Gwendolyn Yates Whittle (“F1,” “Avatar: Fire and Ash”), Domee Shi (“Elio”) and Diane Warren (“Diane Warren: Relentless”).
Sasha Alexander and Rachel Zoe
Image Credit: Stefanie Keenan/Getty Images for DVF
Sasha Alexander and Rachel Zoe are a cool crew.
Mary Alice Drumm, Yvett Merino, Maggie Kang, Domee Shi, Madeline Sharafian and Michelle Wong
Image Credit: Emma McIntyre/Getty Images for DVF
Mary Alice Drumm (“Elio”), Yvett Merino (“Zootopia 2”), Maggie Kang (“KPop Demon Hunters”), Domee Shi (“Elio”), Madeline Sharafian (“Elio”) and Michelle Wong (“KPop Demon Hunters”) — the women behind some of this year’s biggest animated movies — gather at the event.
Geeta Gandbhir
Image Credit: Emma McIntyre/Getty Images for DVF
“The Perfect Neighbor” filmmaker Geeta Gandbhir signs in upon arrival.
Arden Cho, Hannah McMechan and Danya Jimenez
Image Credit: Stefanie Keenan/Getty Images for DVF
“KPop Demon Hunters” star Arden Cho poses with screenwriters Hannah McMechan and Danya Jimenez.
Alisa Payne, Sara Khaki, Christalyn Hampton, Yvett Merino, Geeta Gandbhir and Liza Marshall
Image Credit: Stefanie Keenan/Getty Images for DVF
Alisa Payne (“The Perfect Neighbor”), Sara Khaki (“Cutting Through Rocks”), Christalyn Hampton (“The Devil is Busy”), Yvett Merino (“Zootopia 2”), Geeta Gandbhir (“The Perfect Neighbor”) and Liza Marshall (“Hamnet”) pose for a group photo.
Elaine Welteroth and Alice Smith
Image Credit: Emma McIntyre/Getty Images for DVF
Elaine Welteroth smiles for a photo with “Sinners” singer-songwriter Alice Smith.
Superhuman has taken its writing assistant Grammarly on quite the merry-go-round ride regarding its approach to AI tools. In August, the company launched a feature called Expert Review that would offer feedback on your writing, offering AI-generated feedback that would appear to come from a famous writer or academic of note. These recreations were based on “publicly available information from third-party LLMs,” which sounds a lot like web crawlers of dubious legality were involved.
The suggested experts would be based on the subject matter and could be anyone from great scientific minds to bestselling fiction authors to your friendly neighborhood tech bloggers. Living or dead, these writers’ names appeared on Grammarly without their permission or knowledge. “References to experts in this product are for informational purposes only and do not indicate any affiliation with Grammarly or endorsement by those individuals or entities,” the company hedged in a disclaimer on the service.
As one might imagine, once people took notice, a large number of the living contingent of those writers were none too pleased. In fact, there’s an attempted class action suit already underway against Superhuman. The company initially attempted to address the complaints by allowing writers to opt out of the platform. Which I’m sure was a big relief to the deceased contingent and to those living ones who aren’t closely following AI news and might still not know they were being cited by the tool.
Today, Superhuman CEO Shishir Mehrotra wrote in a LinkedIn post that the company will disable Expert Review while it reassesses the feature. “The agent was designed to help users discover influential perspectives and scholarship relevant to their work, while also providing meaningful ways for experts to build deeper relationships with their fans,” he said. Yes, Carl Sagan must be bemoaning the lack of deep relationships with his fans from the afterlife.
Update, March 11, 2026, 5:34PM ET: Updated to note pending class action lawsuit filed against Superhuman over this feature.
Throughout 2026, Shiba Inu has become one of the most stressed assets on the cryptocurrency market. The token’s price structure is severely weakened as a result of its inability to regain any significant momentum following months of continuous decline.
Trend flipping
The asset has been dominated by a broader bearish trend this year, which has been reinforced by the failure of even brief recovery attempts to produce long-term upside.
$SHIB is currently trading close to the $0.0000056 range, which shows how far the token has dropped from its prior highs. The chart unequivocally demonstrates a recurring pattern of lower highs and lower lows, indicating that sellers are still in complete control of the market. The asset has not been able to establish a steady upward trend because every attempt at recovery has been met with fresh selling pressure.
The recent fakeout rally, which briefly hinted that $SHIB might be getting ready for a comeback, was one of the most telling moments. After rising above local lows, the price got close to the 26-day exponential moving average, which was its first significant technical barrier. For a brief while, it seemed like buyers were at last making progress.
Shiba Inu gets rejected
But that optimism was short-lived. The entire move was a classic fakeout since $SHIB was firmly rejected rather than overcoming the resistance. Even the earliest stage of a possible trend reversal is currently unattainable, as demonstrated by the failure at the 26 EMA.
Fakeouts of this kind can be especially detrimental to market confidence. When a move fails, traders who entered positions anticipating a breakout are frequently compelled to exit, which can increase selling pressure. The rejection, in $SHIB‘s case, supported the notion that the larger downward trend is still present.
The future appears uncertain. The market will probably continue to be under pressure as long as the price stays below major moving averages. Although short-term rallies are still possible, particularly if the overall cryptocurrency market stabilizes, they might not be able to turn into long-term recoveries.
Ethereum’s stabilization chances
As the asset tries to stabilize following months of intense selling pressure, Ethereum is nearing another crucial point. The $2,000 mark is no longer the primary psychological or technical barrier for Ethereum, despite the market’s recent temporary stability in that area.
The 26-day exponential moving average, which presently serves as the most important resistance zone, is where the actual battlefield is located higher on the chart.
Ethereum has been stuck in a distinct downward structure for a number of months. The price chart consistently displays lower highs and lower lows, indicating that the general trend is still bearish. The asset has not been able to develop sustained upward momentum because every attempt at recovery has been stopped by declining resistance.
For traders earlier in the cycle, the $2,000 mark held great psychological significance. Because they represent important sentiment thresholds, round numbers have historically drawn attention.
Recent price trends, however, indicate that the market has already reached this level. Earlier this year, Ethereum briefly broke below it. Since then, it has traded around that level without producing the strong reactions that typically accompany a significant psychological barrier.
The 26 EMA, where selling activity seems to be concentrated, is now Ethereum’s true challenge. Sellers swiftly surface and drive the market back down each time the price gets close to this moving average. This pattern suggests that a lot of traders use the 26 EMA as a crucial decision point, either to open new short trades or to close long positions.
A break above the 26 EMA would indicate a change in short-term momentum and possibly pave the way for a more significant recovery move. But for the time being, Ethereum is still constrained by a number of barriers.
Solana’s tighter market range
Solana is about to enter a technical phase that might cause volatility to spike. The asset is starting to stabilize close to local lows after months of decline and frequent rejection by major moving averages. Even though the price is still relatively stable, a number of indicators point to the possibility that the market is getting ready for a much bigger move.
Solana is currently trading between $85 and $87, consolidating following a sharp decline that began earlier in the year. The 50-day, 100-day and 200-day moving averages are all above the price, indicating that the overall trend is still obviously negative. These levels support the longer-term downward trend and continue to serve as significant resistance zones.
Solana is forming higher lows along a rising support line, forming a tightening range, according to recent price action. This kind of compression frequently heralds an impending expansion in volatility, particularly following extended downward pressure.
Solana derivates staying up
This possibility is supported by CoinGlass derivative data. There has been a noticeable increase in futures activity around Solana, as traders position themselves for a more significant directional move. Despite the comparatively muted price movement, market participants are becoming more active, according to metrics pertaining to open interest and trading flows.
Solana has not yet confirmed a breakout in spite of these signals. The fact that the price is still stuck in a small range indicates that the market is still applying pressure rather than releasing it. The duration of this stabilization phase may vary, but the final breakout is typically stronger the longer the compression lasts.