Author: rb809rb

  • New wallet offers way to tackle Bitcoin’s quantum risk without a fork

    New wallet offers way to tackle Bitcoin’s quantum risk without a fork

    Developers behind a new wallet product say they have found a way to tackle quantum computing risks using a smart contract layer that runs alongside Bitcoin without requiring any change to the network itself.

    Postquant Labs unveiled Quip Network’s post-quantum bitcoin wallet Tuesday, the company told CoinDesk in an email. The product runs on Arch Network, a system that lets developers build smart contracts anchored directly to Bitcoin rather than on a separate chain or through wrapped tokens.

    Quip uses that infrastructure to add a post-quantum signature scheme called WOTS+, short for Winternitz One-Time Signature, on top of Bitcoin’s existing security. WOTS+ is a tested cryptographic technique that does not rely on the elliptic curve math a quantum computer could break.

    By using a “Layer 2” — shorthand for a separate network built on top of Bitcoin that processes transactions and settles back to the main chain—developers can add features without changing Bitcoin’s base layer.

    “The Bitcoin community has delayed a fix for years, despite Satoshi himself discussing the quantum problem,” Postquant Labs CEO Colton Dillion said in a statement to CoinDesk. “Developers say any protocol upgrade could take 5 to 10 years, but with Quip’s approach, we provide similar protection immediately.”

    Bitcoin’s quantum readiness

    The launch arrives in the middle of an active fight over how Bitcoin should respond to quantum risk.

    Prominent developer Jameson Lopp and five others proposed BIP-361 two weeks ago, which would phase out quantum-vulnerable addresses on a fixed five-year timeline and freeze coins that fail to migrate, including the roughly 1.1 million bitcoin attributed to pseudonymous creator Satoshi Nakamoto.

    Paul Sztorc’s controversial eCash hard fork would copy Bitcoin’s chain and ship seven sidechains including a quantum-resistant one, funded partly by reassigning Satoshi-pattern coins on the new ledger to investors.

    Both proposals have drawn pushback from the community.

    Quip’s pitch is that neither approach is necessary. The setup requires no soft fork, no consensus change, no community vote. A soft fork is a Bitcoin upgrade that tightens existing rules so older software still works, but it still needs broad miner and node support to activate. Bitcoin’s last major soft fork was Taproot in 2021. The next one, if it happens, could take years.

    Technical trade-offs

    The three approaches actually disagree on something specific. Lopp’s argument is that Layer 2 protection like Quip’s is insufficient because Bitcoin mainnet public keys still leak the moment a user broadcasts a transaction, giving a future quantum attacker a target.

    There are a few caveats, however. The wallet app launches next week rather than today. A third-party audit is underway but not complete. Quip’s quantum-resistant accounts already exist on Ethereum and Solana, but the Bitcoin deployment is new and Arch Network is still relatively early infrastructure.

    Postquant Labs CTO Dr. Richard Carback, a long-time collaborator with eCash inventor Dr. David Chaum who now advises the project, said the approach narrows the window for a quantum attack to as little as two blocks, roughly 20 minutes.

    (David Chaum’s eCash is the original digital cash protocol from 1983, the academic foundation for ‘blind’ signatures and privacy-preserving electronic money. It predates Bitcoin by 25 years and has nothing to do with Bitcoin or the eCash proposal by Sztorc.)

    Sztorc’s argument is that incremental patches are exactly why Bitcoin needs a clean fork with quantum resistance built in from the start. The Layer 2 approach, which now includes Quip and Blockstream’s hash-based signature work on the Liquid Network, argues both other positions overreact to a threat that better infrastructure can handle without changing Bitcoin itself.

    Which approach wins depends partly on how fast quantum computers actually arrive. The Bitcoin holders most worried about quantum risk have historically been the same group most resistant to wrapped or smart-contract-anchored products.

  • Visa is teaming up with a Tether co-founder to build onchain banks

    Visa (V) is working with blockchain-based stablecoin infrastructure firm WeFi, to help establish the “last half mile” that can provide users with robust onchain payments and banking services, the companies said on Tuesday.

    WeFi, which is co-founded by former Tether OG Reeve Collins, describes its platform as “an orchestration layer between decentralized finance (DeFi) and regulated payment infrastructure, designed to support use cases such as cross‑border spending and on‑chain value storage,” according to a press release.

    “We’re upgrading the plumbing and offering essentially people bank accounts, because they’ll soon have their IBAN numbers, and we’re getting the various licenses around the world to operate appropriately,” Collins said in an interview.

    As the platform scales, the plan is to partner with more banks and institutions, with a view towards the underbanked of the world, Collins said.

    The rollout will take place region by region, starting with selected markets in Europe, Asia and Latin America. Expansion into additional markets will depend on local regulatory approvals and issuing partnerships.

    “The partnership with Visa really closes that last half mile of onchain banking infrastructure,” Collins said.

    “This collaboration demonstrates how Visa’s global network interacts with onchain models, while operating within established regulatory frameworks and the reliability consumers and merchants expect,” said Mathieu Altwegg, Head of Product & Solutions in Europe at Visa, in a statement.

  • BMG and Concord Merge to Create New Music Giant

    BMG and Concord Merge to Create New Music Giant

    BMG and Concord are merging, the two companies announced on Tuesday, in a major move that combines the music business’s two largest independent music companies and creates a new entity closer in scale to the major three record labels.

    Financial details of the agreement weren’t disclosed, though Bloomberg previously reported the deal could be worth as much as $7 billion. BMG’s parent company, the German media giant Bertelsmann, will own 67 percent of the company while Green Mountain Partners will own 33 percent. The deal’s closure is subject to regulatory approval.

    The new company will operate under the BMG name. BMG’s current CEO Thomas Coesfeld, who is set to become the CEO of BMG parent company Bertelsmann, will become BMG’s chairman, while Concord CEO Bob Valentine will be BMG CEO. The new company’s publishing division will be called BMG publishing, while the recorded music division will be known as Concord Records.

    The music industry’s biggest stakeholders are the “big three” major music companies: Universal Music Group, Sony Music Group and Warner Music Group. While a combined BMG and Concord isn’t quite as large as those three companies, the new company’s combined scale gives it the ability to compete with the majors enough that it could arguably be considered a fourth major. Regardless, BMG is now unquestionably the largest independent music company in the business.

    “We believe this is a truly one-of-a-kind opportunity to bring together two world-class teams and rosters at the right moment, as scale in rights ownership becomes increasingly critical to long-term growth,” Coesfeld said in a statement. Coesfeld added that the combined company “will further deepen our position as a preferred global partner to artists, songwriters, and platforms, combining scale with the agility and independence they value.”

    Among the artists the combined BMG and Concord represent include Jelly Roll, Lainey Wilson, Paul Simon, Phil Collins, Daft Punk.

    As Valentine said: “Our greater scale will allow us to invest more in creative talent, global reach, accretive acquisition opportunities, and technology, while preserving the nimble, entrepreneurial spirit that artists and songwriters value most. This is not about replicating the major label model; it’s about using scale to strengthen independence. Together, we will build a company that gives artists more reach and more flexibility – all designed to support their distinct visions.”

  • ‘Ted Lasso’ Sets Season 4 Premiere Date, Releases First Teaser

    Three years and change after Ted Lasso wrapped its third season, the Emmy-winning comedy will step back on the pitch.

    Apple TV announced Tuesday that the show’s fourth season will premiere Aug. 5, with the title character (Jason Sudeikis) returning to London to coach AFC Richmond’s women’s team. The streamer also released a new image from the coming season and a teaser scored to “Rubber Band Man” by Mumford & Sons and Hozier.

    The teaser shows Ted getting back into the swing of things in London, the Richmond women in action and a few glimpses at the returning and new cast. Hannah Waddingham, Juno Temple, Brett Goldstein, Brendan Hunt and Jeremy Swift reprise their roles from prior seasons alongside new series regulars Tanya Reynolds, Jude Mack, Faye Marsay, Rex Hayes, Aisling Sharkey, Abbie Hern and Grant Feely. The teaser also shows Andrea Anders as Ted’s (maybe no longer?) ex-wife, Michelle; Matteo van der Grijn as Matthijs, the Dutchman Rebecca (Waddingham) fell for in season three; and Tracey Ullman in an as yet undisclosed guest role. Watch it below.

    Apple TV ordered a fourth season of Ted Lasso in March 2025, ending a long round of speculation about the show’s future after 2023’s season three closed out the story of Ted coaching the Richmond men’s side. In January, Apple said the show would return in the summer.

    The 10-episode fourth season will see Ted “taking on his biggest challenge yet: coaching a second division women’s football team,” the logline reads. “Throughout the course of the season, Ted and the team learn to leap before they look, taking chances they never thought they would.”

    Jack Burditt, who has an overall deal with Apple TV, executive produces season four with Sudeikis, Hunt, Joe Kelly, Jane Becker, Jamie Lee, Bill Wrubel, Goldstein, Leann Bowen, Bill Lawrence, Jeff Ingold and Liza Katzer. Goldstein and Bowen are also writers; Sarah Walker and Phoebe Walsh are writers and producers. Sasha Garron co-produces. Julia Lindon is a writer on season four, and Dylan Marron is story editor. Warner Bros. TV and Universal TV produce the series.

  • 3 things to watch in Trail Blazers-Spurs Game 5

    3 things to watch in Trail Blazers-Spurs Game 5

    Victor Wembanyama has provided a dominant presence inside against the Trail Blazers.

    • Download the NBA App

    Just four games into the 2026 NBA playoffs, the San Antonio Spurs have aced important tests.

    They won a game in which they trailed by 15 in the third quarter without Victor Wembanyama and won a game in which they trailed by 19 late in the second quarter with their star center. They also navigated a game-and-a-half without Wembanyama, who sustained a concussion in Game 2 against the Portland Trail Blazers.

    Those are encouraging developments for a young, talented roster with minimal playoff experience and a coach (Mitch Johnson) in his first playoff series.

    Now, they face another test: eliminating a playoff opponent in a closeout game.

    Up 3-1 in their first-round Western Conference series against the Trail Blazers, the Spurs can advance to the conference semifinals with a victory in Game 5 on Tuesday (9:30 p.m. ET, ESPN).

    Here are three things to watch in Game 5:


    1. Can Spurs close out series?

    Harrison Barnes and Luke Kornet are the only Spurs with significant playoff experience. De’Aaron Fox has one prior playoff series on his resume, but the other key participants (Wembanyama, Devin Vassell, Stephon Castle, Keldon Johnson and rookies Dylan Harper and Carter Bryant, and Mitch Johnson) are trying to get their first series win.

    So far, they have met the task. Castle scored 33 points in Game 3, while Harper had 27 points and 10 rebounds in Game 3. Vassell does a bit of everything and generated 11 points, six rebounds, three assists, one block and one steal in Game 4. Keldon Johnson, the Kia Sixth Man of the Year, is searching for more offense but keeps opponents honest, and Bryant was outstanding in Game 3 (though the box score won’t reflect that).

    “There’s no jealousy. Nobody cares about their stat line. It’s our greatest strength,” Wembanyama said.

    At home with a conference semifinals series against either Minnesota or Denver on the line, the Spurs get another chance to show their growth.

    2. How can Blazers extend series?

    The Trail Blazers have had some moments and led by 19 in Game 4. They just haven’t been able to sustain leads. Portland interim coach Tiago Splitter said all options were on the table when it came to the starting lineup.

    One option would be to start Robert Williams III at center and move Donovan Clingan to the bench. In the series, the Blazers have been better offensively and defensively with Williams in the game than with Clingan. That would give Portland more athleticism to match up with the Spurs and Wembanyama.

    But it’s not just on one player.

    The Trail Blazers’ bench needs to be better, and Scoot Henderson needs to play more as he did in Game 2 (31 points) and less like he did in Game 4 (zero points).

    With that said, the Spurs’ third-ranked regular-season defense has had a say in Portland’s offensive issues.

    3. Wembanyama’s growing leadership

    In the two full games Wembanyama has played in the series, he is averaging 31 points, 8.5 rebounds, 4.5 blocks, two assists, and two steals, and shooting 57.9% from the field and 60% from 3-point range. The Spurs’ success for the remainder of the playoffs is dependent on Wembanyama, and that’s a lot to ask from a 22-year-old.

    “He was already extremely talented,” Fox said. “But using his voice is the biggest change that I’ve seen from when I got here last year to the beginning of this year until now. He’s always talking both offensively and defensively scheme-wise. Whatever he sees on the court, he’s voicing to us. That’s probably been the biggest growth that he’s had this year.”

    Coach Mitch Johnson’s belief in Wembanyama is unwavering.

    “I’ve learned to trust that young man,” Johnson said. “I’m rolling with him, and the challenge now is for him to continue to play the way he did in the second half (of Game 4 with 18 points, five rebounds, five blocks) for the whole game. When he does that, we’ll be tough. If he doesn’t do that, there’s a ripple effect for our team, and that’s the responsibility that comes with being the face of the franchise and the best player.”

    * * *

    Jeff Zillgitt has covered the NBA since 2008. You can email him at jzillgitt@nba.com, find his archive here and follow him on X.

  • Guy Pearce Conspiracy Thriller ‘The Marshal’ to Lead Epic Pictures’ Cannes Slate as First Look Revealed (EXCLUSIVE)

    Guy Pearce Conspiracy Thriller ‘The Marshal’ to Lead Epic Pictures’ Cannes Slate as First Look Revealed (EXCLUSIVE)

    Epic Pictures Group has taken international sales right for upcoming feature “The Marshall,” starring Oscar nominee Guy Pearce (“The Brutalist”), and will launch the film at this year’s Marche du Film in Cannes.

    From director Andrew Baird (“Zone 414,” “One Way,” “Sunrise”) and written by Jay Thames, “The Marshal” — which recently wrapped production — is described as a “taut, modern conspiracy thriller rooted in moral ambiguity and high-stakes action.” It also marks the third collaboration between Pearce and director Baird, following “Zone 414” (2021) and “Sunrise” (2024).

    The film follows Iraq War veteran Clay Mercer (Pearce), an elite marksman for the U.S. Marshals whose life unravels after a single shot at a presidential rally destroys his career. Years later, drawn into a covert network of operatives and manipulated through a web of corruption, Clay must decide whether to become the weapon he was shaped to be or dismantle the system from within.

    Alongside Pearce, an ensemble cast includes Bruce Greenwood (“Star Trek,” “Dark Winds”), Kaniehtiio Horn (“Possessor,” “Mohawk”), Jóhannes Haukur Jóhannesson (“Vikings: Valhalla”), Navid Negahban (“Homeland”), Jaylen Moore (“Six”), Joel Thomas Hynes (“Orphan Black”), Gina La Piana (“The Night Driver”) and Anthony Del Negro (“Ladybug,” “Edge of Everything”).

    “I’m thrilled to be working with my friend Andrew Baird once again, especially on this gripping piece by Jay Thames,” said Pearce. “Since L.A. Confidential, I’ve been drawn to stories that explore the fragile and often contradictory nature of truth, and the opportunity to navigate the layered intrigue of ‘The Marshal’ has been genuinely electrifying.”

    Added Baird: “What drew me to ‘The Marshal’ was how timely it is in today’s current political climate, while still delivering a tightly wound, pressure-cooker conspiracy thriller. Guy is one of cinema’s great actors, and it’s a privilege to collaborate with him again.”

    The international sales agreement was negotiated by Alan B. Bursteen, president of Milestone Studios, with Patrick Ewald, CEO of Epic Pictures.

    “The Marshal represents exactly the kind of bold, high-concept storytelling that resonates with global audiences,” said Ewald, who also exec produces. “With Guy Pearce and Andrew Baird reuniting, we’re excited to bring this gripping thriller to buyers at Cannes.”

    ‘The Marshal’ is produced by Kevin Matusow for Traveling Picture Show Company, Jay Thames for 77 Films and Rob and Peter Blackie for Elemental Pictures. The film is co-produced by Michael Solomon with Patrick Ewald, and Katie Page serving as executive producers. Additional EP’s include Kate Bacon, Mark S. Batzel, Lee Broda, Carissa Buffel, Alan B. Bursteen and Dawn Bursteen of Milestone Studios, Bryan Coyne, James Cullen Bressack, Bruce Cummings, Mark Holder, Christine Holder, Michael J. Moss, Jr., and Jeffrey M. Silverman.

    Epic’s recently appointed president of sales and content Caroline Couret-Delègue will represent ‘The Marshal’ as part of the company’s Cannes sales slate at its space at the Grand Hotel Residences.

  • Tribeny Rai’s ‘Shape of Momo’ Wins Grand Jury Prize at Indian Film Festival of Los Angeles

    Tribeny Rai’s ‘Shape of Momo’ Wins Grand Jury Prize at Indian Film Festival of Los Angeles

    Tribeny Rai’s debut feature “Shape of Momo” claimed the Grand Jury Prize for best feature at the 24th Indian Film Festival of Los Angeles.

    “We are honored to award the Grand Jury Prize to a debut film that deftly creates a protagonist who inhabits the gray area between righteousness and humility, and delicately charts her journey through the complexities of class and gender in a place steeped in tradition,” the feature jury stated.

    The feature jury – composed of cinematographer Farhad Ahmed Dehlvi, filmmaker Juan Pablo González and film curator Caroline Libresco – also awarded honorable mentions to Sarmad Sultan Khoosat’s “Lali” and Seemab Gul’s “Ghost School.” Of “Lali,” jurors said: “Moving between genres with ease and exuberance, this film envelopes the audience in a vibrant symphony of music and color.” On “Ghost School,” the jury called it “a beautifully restrained, artistically precise debut feature that works both as a powerful political allegory and as piercing social realism.”

    The Grand Jury Prize for best short went to “Room at the Farm,” directed by Jasmine Kaur Roy and Avinash Roy. “A delicate and nuanced allegory of the fragility of human relationships when faced with the impact of modernization. This film represents rural Punjab with a gaze rarely seen, one that centralizes humanity and desire. Over the course of 23 succinct minutes, it allows us to negotiate a devastating reality alongside its characters,” the shorts jury said.

    Shorts honorable mentions went to Ananth Subramaniam’s “Bleat!” and Sana Zahra Jafri’s “Permanent Guest.” The shorts jury – film curator Malin Kan and filmmaker Alisha Tejpal – described “Bleat!” as “an absurdist commentary that throws into question our understanding of religion, gender and cultural identity with a profoundly original vision and a strikingly unexpected approach.” Of “Permanent Guest,” jurors noted the film “has crafted immense tension and finds both power and pain in what is left unsaid.”

    Voted on by festival attendees, the Audience Choice Award for best feature went to Ben Rekhi and Swetlana’s “Breaking the Code” – which also opened the festival – while Suraj Paudel’s “Rihanna” won the Audience Choice Award for best short.

    At IFFLA Industry Days, Amarik Singh Khosa’s project “Blind Tiger” won the Launchpad: Pitch Competition and received a $10,000 development grant. A prestige crime series set in suburban New Jersey, it centers on a highly skilled outsider whose story draws on the overlooked history of a minority community, grounding a classically structured genre drama in a perspective rarely seen on screen. An honorable mention went to Priyanka Krishnan and Raman Nimmala’s “Thottal Poo Malarum” (Flowers Bloom When Touched), a dark comedy about a woman whose carefully constructed path to an elite arranged marriage begins to unravel around questions of virtue and social performance.

    The 24th IFFLA – a leading U.S. platform for South Asian cinema – featured 27 films across seven narrative features, two documentary features and 18 shorts, with entries from countries including India, Pakistan, Nepal, Bangladesh, Japan, Malaysia, the U.K. and the U.S. The festival closed with Anusha Rizvi’s social satire “The Great Shamsuddin Family.”

  • CoinDesk 20 performance update: Stellar (XLM) drops 1.7% as index moves lower

    CoinDesk 20 performance update: Stellar (XLM) drops 1.7% as index moves lower

    CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

    The CoinDesk 20 is currently trading at 2071.97, down 0.4% (-9.25) since 4 p.m. ET on Friday.

    Eight of 20 assets are trading higher.

    Leaders: APT (+1.3%) and AAVE (+0.6%).

    Laggards: XLM (-1.7%) and HBAR (-0.9%).

    The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

  • Cardano (ADA) Founder Charles Hoskinson Criticizes Ripple and XRP! Makes a New Proposal!

    Charles Hoskinson, the founder of Cardano (ADA) and one of the most important figures in the cryptocurrency sector, recently spoke about Ripple and $XRP.

    Speaking on Paul Barron’s podcast, Charles Hoskinson reiterated his criticisms of Ripple’s $XRP strategy.

    Cardano founder Charles Hoskinson criticized Ripple’s strategy of selling $XRP, suggesting the company should implement a buyback model to increase the token’s market appeal.

    At this point, Hoskinson argued that $XRP would become much more attractive if Ripple used a portion of its revenue to directly buy back $XRP tokens.

    He suggested that Ripple allocate 20% to 30% of its revenue to buy back $XRP tokens, saying this would provide more value to token holders.

    Hoskinson stated that Ripple’s approach of selling $XRP to generate revenue was incorrect, arguing that it benefited the company but did not benefit token holders.

    At this point, Barron noted that Ripple reinvested the money it earned from $XRP sales back into the $XRP Ledger ecosystem. He suggested that this could be considered a meaningful investment in the broader $XRP network.

    Hoskinson agreed, but argued that it wasn’t enough. He said Ripple should tie its trading profits directly to $XRP through a buyback model.

    In response, Hoskinson argued that Ripple currently has no financial or legal justification for sharing this wealth with token holders, adding that he does not expect Ripple to implement a buyback system.

    He argued that Ripple would likely continue selling $XRP, earning billions of dollars, and then use that money to buy tangible assets through the company.

    *This is not investment advice.

  • California woman reunited with lost dog after 5 years

    California woman reunited with lost dog after 5 years

    Odd News // 1 month ago

    Virginia man buys 20 tickets for one lottery drawing, wins 20 times

    March 27 (UPI) — A Virginia man bought 20 identical tickets for a single Pick 4 lottery drawing and ended up winning $5,000 for each ticket — a total of $100,000.