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  • CEO Managing Millions of Dollars Speaks Out on Bitcoin’s Rise: “The Dollar Has No Bottom, but Bitcoin Has No Top”

    CEO Managing Millions of Dollars Speaks Out on Bitcoin’s Rise: “The Dollar Has No Bottom, but Bitcoin Has No Top”

    Anthony Pompliano, Chairman and CEO of ProCap Financial, assessed the key factors behind the recent rally observed in the cryptocurrency market. Pompliano, a leading figure in the crypto asset ecosystem, argued that macroeconomic factors, monetary policies, and changes in global cash flow are behind the upward trend.

    According to Pompliano, Bitcoin is the financial asset most sensitive to the ongoing global money printing and currency devaluation. Central banks, particularly in the United States, are reportedly taking monetary expansion steps to address debt burdens and budget deficits, leading investors towards assets with limited supply. This situation makes Bitcoin, with its fixed supply of 21 million, stand out as a digital store of value.

    It is stated that the increase in market liquidity, as well as the interest of institutional investors, has accelerated the rise. The entry of traditional financial institutions into the market through spot Bitcoin ETFs and direct treasury strategies increases demand pressure on the limited supply, creating an upward mechanism in price formation.

    Pompliano said, “As long as they keep printing money, Bitcoin will continue to rise in the long term,” and added:

    “There’s a saying, ‘Since the dollar has no bottom, Bitcoin has no top either.’ I think people have been reminded of that again.”

    *This is not investment advice.

  • Donald Trump Pays Tribute To Dolly Parton, Says He’s Lowering U.S. Flags To Honor Entertainer

    Donald Trump Pays Tribute To Dolly Parton, Says He’s Lowering U.S. Flags To Honor Entertainer

    UPDATED: Donald Trump paid tribute to Dolly Parton shortly after her death was announced, indicating that he planned to order U.S. flags lowered to half staff to honor the entertainer.

    Trump posted on Truth Social, “Very sad to report that Dolly Parton, one of the greatest Country singers, and far beyond, EVER, has just passed away. This is a true loss for millions of people. There has never been anyone like her, and never will. In her honor, I am lowering the American flag throughout the United States for a one week period beginning tonight at 6:00PM. Rest in Peace, Dolly! The World loves you.”

    Parton will be one of the few entertainers to get such an honor, as lowering of U.S. flags is typically ordered following the passing of major political and military figures or a national tragedy.

    RELATED: Dolly Parton Dies At 80: Tributes, Career Photo Gallery, Obituary & Deadline’s Full Coverage

    Parton died in Nashville on Tuesday. She had been dealing with health issues for the past year and was forced to postpone a planned Las Vegas residency in September before canceling the shows in May.

    All of Trump’s living predecessors also paid tribute to Parton.

    Former President Bill Clinton said that Parton was “one of a kind—a great songwriter and performer who told the stories of everyday Americans with honesty, humility, and heart. She rose high from her East Tennessee roots and never forgot where she came from. And she always believed in giving back, especially in her efforts to promote literacy. Hillary and I were big fans and first saw her in 1974, and will always be grateful for the music and the memories. Our thoughts and prayers are with her family, her legion of fans, and everyone who loved her.”

    Former President George W. Bush said, “Laura and I, along with thousands of her fans, mourn the passing of Dolly Parton. We loved her music and her style. She was a great entertainer and even greater person. We respected her work to promote literacy, advance health, and strengthen communities. Dolly was a talented and hardworking American who will be missed.”

    Former President Barack Obama wrote, “It’s hard to imagine many people having a bigger impact than Dolly Parton. Born in a one-room cabin, she earned 11 Grammys and an Emmy, built a business empire, helped millions of kids learn to read, and — as if that wasn’t enough — helped accelerate the research that led to the Moderna COVID vaccine. What a life. Michelle and I are thinking of Dolly’s family and her many, many fans.”

    Former President Joe Biden wrote, “Simply put, Dolly Parton was an American original. She was an inspiration to millions. She was a relentless advocate for women and for equality. Through her Imagination Library, she placed the gift of reading into the hands of millions of children because she understood literacy is the foundation of opportunity. But perhaps most importantly, Dolly treated everyone with kindness and respect. She lived her values with a flair and vitality for life that was uniquely her own. She was a trailblazer in every sense of the word, and she will be missed by millions around the world.”

    Other tributes came from former vice presidents Kamala Harris and Al Gore, former Secretary of State Hillary Clinton and California Governor Gavin Newsom. Tennessee’s two U.S. senators, Marsha Blackburn and Bill Hagerty,also paid tribute, and the state’s governor, Bill Lee, also ordered flags at half staff.

  • Iowa MAGA AG Wants To Take California & Rob Bonta To Supreme Court Over Paramount-WBD Antitrust Suit, Maybe

    Iowa MAGA AG Wants To Take California & Rob Bonta To Supreme Court Over Paramount-WBD Antitrust Suit, Maybe

    With friends like Iowa Attorney General  Brenna Bird, does Paramount and David Ellison really need enemies?

    In an op-ed penned for the conservative Daily Wire Tuesday, the Hawkeye State ally of Donald Trump is threatening to take California to the Supreme Court. Declaring that “California is once again trying to be the country’s regulator,” Bird wants to stop the antitrust lawsuit from the Golden State, New York and 10 other states against Paramount’s $111 billion purchase of Warner Brothers Discovery.

    “Just like California should keep its hands off America’s bacon, California needs to understand that it doesn’t get to decide what Americans can choose to watch or stream,” the reelection seeking Bird states of the state and its AG Rob Bonta.

    “If California believes a transaction that 68 regulators approved is nevertheless illegal, it is free to make that argument,” she notes, lamenting the $7 million a day ticking fee and more Paramount will have to start paying WBD shareholders starting October 1. “But it should make it in the one court with the authority to bind all of us, and it should make it now, before the bill for the delay comes due,” Bird claps, leaving out any reference to the Empire State’s Letitia James and other AG.

    Yet, for all her rallying to the ParaBros cause, as well as some variations on what Bonta and gang are actually alleging in the March 2, 2027 trial starting case before a federal judge in Oakland, Bird doesn’t seem to have actually filed anything with SCOTUS.

    It also seems hard to see how even if Iowa did take California to the conservative majority Supreme Court, how they could get a hearing before next spring or even October, with the John Roberts-led high court not back in session until October 5.

    However, let’s sidestep Bird getting a perch on SCOTUS’ fast tracked interim relief docket (AKA the emergency docket or shadow docket) for a second, and look at a possible route under the provisions of Article III, Section 2 of the Constitution. Even if the case fell within the “original jurisdiction” criteria and passed muster with the Justices, any ruling would likely still be drawn out — likely beyond the March 2027 trial already on the calendar. In the rare case SCOTUS picks up such a state to state battle, it would generally appoint a “special master’ to review the matter before getting directly on it.

    All of which, like Paramount CEO Ellison accused Bonta in an August 4 NYT op-ed, makes Bird’s flag planter reek of politics.

    Bird, who filed a brief in 2024 support of the former Apprentice host’s ultimately successful bid to gain significant immunity from prosecution for acts taken while POTUS, sidesteps most of the meat of the actual antitrust suit the 12 states and the WGA are pursuing. A suit that Bonta, in an August 10 guest column for Deadline, paints as “a straight up antitrust enforcement case. One that is very cut and dry.” Instead, Bird, while giving the DOJ the benefit of the doubt, moves to blast Bonta and colleagues as “more hostile to this pro-competition merger than Europe and China.”

    The ‘To Save American Movies, I’m Taking California To The Supreme Court’ entitled piece in the Ben Shapiro-founded outlet insists a ParaBros combo is good for high streaming subscription paying Iowans, competition and the movie and TV businesses. “The merger could create a company to compete: an estimated $6 billion in savings to reinvest, and a public commitment to release at least 30 movies in theaters every year. More movies mean more entertainment — and more competition means lower prices,” Bird says.

    There is no mention by Bird of the $80 billion debt load a ParaBros will carry, the ongoing blame game settlement talks (or lack thereof) skirmish, nor the $1.88 billion bond Paramount desires to offset the “extraordinary losses” the court challenge poses.

    Bird also makes no mention of possible layoffs or other cuts from a Paramount and WBD melding. Cuts that every such M&A deal has seen. Cuts that the likes of the WGA SAG-AFTRA and theTeamsters warn of. Cut that reports in both late June and last week to the LA County Board of Supervisors warned could see thousands pink slipped, and cost the region billions in wage and hundreds of millions in tax revenue.

    Rob Bonta, David Ellison

    L-R: Rob Bonta and David Ellison

    Getty Images

    Touting a Hollywood that few who live here may recognize, the Iowa AG chooses echoes the findings of earlier this year from Trump’s DOJ approving the merger. To that, right now, she says “more movies are being made, and more workers are being hired.”

    While seemingly concurrently stressing that a joint “Paramount+ and HBO Max together are smaller than Netflix, smaller than Disney and smaller than Amazon,” Bird also throws out there that “a successful Paramount-Warner Bros. merger would change that.” Later in the op-ed, the long time pol says: “That is the opposite of a monopoly problem.”

    Singing the tunes of the growing MAGA chorus that seeks to turn Bonta into the new Nancy Pelosi punching bag, Bird asserts “California is just dreaming up something radical” to go to war with Trump and his admitted “good friends” David Ellison and his Oracle founding father Larry Ellison.

    “California argues that the Department of Justice waved this through as a political favor to Paramount’s owners,” Bird wrote Tuesday in a smudging of what is actually in the July 13 filing by the colalition of blue states. Then someone should explain how the Department managed to get approval in China, Europe, Canada, and the other 60-plus jurisdictions. When regulators in 68 jurisdictions with different laws, different politics, and no stake whatsoever in American elections all reach the same conclusion, the outlier is not the consensus.”

    Again, no filing seems to have occurred today so far at the Supreme Court from Iowa or Bird. Rob Bonta and Brenna Bird’s office do share the fact that neither of them responded to Deadline’s request for comment on the Iowa AG’s threat.

  • The Best Tinted Sunscreens to Achieve Off-Duty (UV-Protected) Beauty

    The Best Tinted Sunscreens to Achieve Off-Duty (UV-Protected) Beauty

    If you purchase an independently reviewed product or service through a link on our website, The Hollywood Reporter may receive an affiliate commission.

    Tinted sunscreen is the not-so-secret ingredient to maintaining youthful skin while attaining a no-makeup makeup look — but the secret lies in which brands do it best.

    While lightweight formulas with some degree of pigment are the throughline, products range in degree of coverage, type of application, suite of skin benefits and finish. As a general rule of thumb, tinted sunscreens tend to fall in the sheer to light coverage category with a dewy, glowing finish; however, that’s not always the case. For more color payoff and matte finish options, look for products marketed as “skin tints” or “tinted moisturizers” — just be sure they have SPF in the mix. Alternatively, skip the search and see our five tried-and-tested favorites below.

    best overall

    Thanks to EltaMD’s extensive SPF selection targeting a spectrum of skin types and concerns, the dermatologist-coveted, expert-approved brand is an easy choice for any and all sun care needs. And when it comes to tinted products, it certainly takes the cake.

    For a subtle tint and healthy glow, EltaMD’s UV Clear SPF is our pick. It’s lightweight, absorbs easily and works double duty as a moisturizer — and at the end of a long day, there won’t be a clogged pore in sight.

    best under-$20

    For a budget-friendly buy that stands up to the competition, Bubble’s Plus One is a no-brainer.

    It features a non-greasy formula that’s well-suited for oily-leaning skin, and the lilac extract further mattifies and balances acne-prone skin. And akin to EltaMD, Bubble’s pump makes for easy application. At the end of your morning skin-care routine and ahead of any makeup, apply two to four pumps evenly, 30 minutes before sun exposure. Pair with a water-resistant sunscreen when swimming or sweating.

    best matte formula

    Maybe oily skin is your main concern and glow isn’t your no. 1 priority. In that case, enter Tarte’s BB Tinted Moisturizer, offering a blurred soft-matte finish for an easy no-makeup-makeup look.

    While many tinted sunscreens offer light coverage, BB Blur provides medium coverage for days we need that little extra something-something. And because Tarte’s formula has more color payoff, it’s available in a wider range of shades than the category’s sheerer alternatives.

    best serum

    Ilia’s fan-favorite skin tint is another multi-hyphenate miracle worker that prioritizes a wide shade range, deep moisture and sun care as skin care (and vise versa).

    Available in 30 dewy shades that offer light to medium coverage, the powerful yet sensitive formula combines a mineral SPF with Hyaluronic Acid and Plant-Based Squalane to lock in hydration and strengthen the skin barrier, along with Allantoin to soothe dryness and reduce the appearance of redness. And the serum consistency keeps skin feeling like skin.

    Related: Anthropologie’s Beauty Advent Calendar Sells Out Every Year — Its 2026 Iteration Just Dropped

    best compact

    Prefer a compact to a liquid? Opt for Avène’s non-greasy cream-to-powder skin tint.

    With broad spectrum SPF 50 UVA/UVB protection, a formula that’s water resistant up to 40 minutes and a compact and mirror for easy on-the-go application and reapplication, the Mineral Tinted SPF has you covered in more ways than one. And the light, non-irritating formula is safe for hypersensitive skin.

  • Taylor Swift Remembers Dolly Parton’s “True Grace and Grit”: “Her Legacy Will Be Everlasting”

    Taylor Swift Remembers Dolly Parton’s “True Grace and Grit”: “Her Legacy Will Be Everlasting”

    Taylor Swift is honoring the late country music icon Dolly Parton.

    Parton died Tuesday in Nashville at 80, her family announced. She died after a “brief battle with cancer,” her reps told People.

    “A world without Dolly doesn’t feel possible, real, or right,” Swift began in a statement shared with The Hollywood Reporter. “But because of the eternally generous way she spent her time on this earth and the countless lives she changed for the better, her legacy will be an everlasting one.”

    “She was truly the gift that kept on giving. Dolly gave us someone to look up to while encouraging us to be who we are as individuals. Somehow she was able to give us her lessons about the world gently and honestly, simultaneously, and oftentimes hilariously,” Swift continued. “She managed to give the world the ultimate mystery and fantasy in some corners of her life, but to give full transparency in the ways that counted. Somehow she was true grace and true grit, all in one dazzling person. She possessed the softest heart when it came to the struggles of others, and a backbone of steel to defend her own self worth as an artist.”

    She concluded, “Along with her other fans, I am so grateful for all of it. For the melodies and lyrics she wrote that thawed even the coldest hearts. For the millions of books she provided children all over the world so that they might fall in love with stories the way she did. For the tightropes she walked so that young girls like me could grow up dreaming of joining the circus too. Dolly, I’ll think of you each step of the way.”

    Last September, the “Jolene” singer announced she was postponing a set of Las Vegas concerts to deal with “some health challenges.” In May, she canceled her Las Vegas residency, but continued to put on a brave front, telling her fans that she was OK.

    In July, just ahead of her Madison Square Garden wedding, Swift and Travis Kelce donated $26 million to varying organizations, including to Dolly Parton”s Imagination Library. Parton shared an Instagram video thanking the married couple for their donation, where she said she was “blown away and overjoyed with that gratitude.”

    “Now, it’s evident, that you have made giving back a key part of your lives, so hey, when you have you firstborn, can I have it?” she joked. “Because that is gonna be one special baby!”

    The 14-time Grammy Award winner also reflected on the two-time Oscar nominee’s legacy in Parton’s 2023 profile with The Hollywood Reporter.

    “Dolly is a force of evolution and transformation in our industry, but she does it with such playful levity it almost looks effortless. Her sense of humor and mischief are easily my favorite things about her, because I think it forces the world to reconcile that a woman can be a serious artist and writer who also has raucous fun with it, can make people laugh and be in on every joke,” Swift told THR. “She’s never stopped challenging herself to clear new hurdles and explore new territory artistically, and I think that speaks to her great curiosity about the human condition. She’s a legendary empath and the storyteller for the ages. She’s also having the most fun doing it.”

  • Iowa Attorney General Says She’s Taking California to the Supreme Court Over Paramount-Warner Bros. Lawsuit

    Iowa Attorney General Says She’s Taking California to the Supreme Court Over Paramount-Warner Bros. Lawsuit

    Iowa Attorney General Brenna Bird wrote in an op-ed for The Daily Wire that she is suing California for leading the charge in the lawsuit against the Paramount–Warner Bros. merger.

    “California is once again trying to be the country’s regulator. And once again California is defying common sense to raise costs around the country,” Bird wrote. “That makes this a dispute between states, and the Constitution says those can only be heard in the U.S. Supreme Court.”

    It’s unclear if Bird has filed any paperwork for her lawsuit or if there’s any legal authority that the state of Iowa could invoke. However, the threat of taking California to the Supreme Court may be enough to bring the state’s AG Rob Bonta back to the bargaining table.

    Bird argues that “any Iowa family” would tell you the cost of streaming is too high and that there are “fewer quality shows” to choose from. She says these are symptoms of one company getting “too far in front,” and the competitors being “too small to catch up.”

    A merger between Paramount and Warner Bros., she writes, would remedy this.

    “Netflix dominates the market for streaming,” Bird wrote. “Paramount+ and HBO Max together are smaller than Netflix, smaller than Disney, and smaller than Amazon. The merger could create a company to compete: an estimated $6 billion in savings to reinvest, and a public commitment to release at least 30 movies in theaters every year. More movies mean more entertainment — and more competition means lower prices.”

    She called Paramount’s promise to release 30 theatrical films a year a “big deal,” adding, “That means more real choice for the family deciding which subscription to keep and which to cancel; more entertainment for small-town theaters to put on the marquee; and even more work for the crews who build sets and run cameras. Iowans do not need an economist to explain that.”

    In addition to hurting consumers, Bird asserts that the uncertainty, along with Paramount’s $7 million ticking fee, will pull down an industry that’s just starting to get back on its feet.

    “Two storied American companies are frozen,” she added. “Warner Bros. cannot confidently green-light a film, upgrade its technology, or sign a long-term contract without knowing whether it will exist as an independent company next year. Paramount cannot execute its plans without a merger either. Employees cannot plan careers. And a movie that does not get made this year may never get made at all. Financing expires, talent moves on, and production slates are abandoned. No court ruling in 2027 can go back and produce the film that was never shot. And no Iowan will ever get to see that movie either.”

    Bonta, along with 11 other state AGs, sued to stop the Paramount-Warner Bros. merger in July after the DOJ pushed the deal through. Progress toward a settlement seemed in motion after the AGs and Paramount agreed to a sit-down on Monday. However, Bonta called off the meeting at the last minute accusing the studio of leaking information about their settlement discussions.

    Paramount denied having anything to do with the leaks, writing in a statement that they “share AG Bonta’s concerns about the public discussions and misreporting that has surrounded this deal.” Still, Bonta doubled down. He said the AGs and Paramount “don’t have anything scheduled,” and that they won’t return to settlement talks until the studio puts a “lid on their lying leaks.”

  • Dolly Parton, a Hollywood Treasure Who Lit Up the Screen With Her Authentic Self

    Dolly Parton, a Hollywood Treasure Who Lit Up the Screen With Her Authentic Self

    When Jane Fonda was developing the rollicking 1980 workplace farce 9 to 5, inspired by a real-life women’s rights organization of that name, at some point the project shape-shifted from the serious drama that was originally planned to a comedy, enlisting the brilliant Colin Higgins to direct and work on the screenplay with Patricia Resnick.

    Having cast Lily Tomlin as her acerbic ally in the secretarial pool, Fonda and producer Bruce Gilbert wanted to broaden the film’s appeal, landing on the idea of a third lead who might push beyond urban liberals to reach mainstream, conservative and Southern audiences. From that commercially-driven demographic strategy, Dolly Parton the Movie Star was born.

    As Doralee Rhodes, the happily married secretary of Dabney Coleman’s lecherous corporate vice president, kept busy dodging his unwelcome advances, Parton was a natural. Her luminosity, effervescence, folksy delivery and innate comic timing infused the film with livewire energy, whether she was fantasizing about hog-tieing and spit-roasting the boss or bringing that fantasy to life, like a seasoned rodeo queen.

    The movie became a massive hit, grossing more than $103 million at a time when a women-centric, empowerment-minded blockbuster was almost unimaginable. Every one of the predominantly female ensemble comedies that became pop cultural fixtures in later decades — The First Wives Club, Sister Act, The Devil Wears Prada, Bridesmaids — owes 9 to 5 a debt.

    The eternally catchy country pop theme song Parton wrote and recorded for the film left its own mark, reaching number one on Billboard’s Country, Hot 100 and Adult Contemporary charts. Parton often said in interviews that she came up with the song’s tapping typewriter-key rhythm by clicking her long acrylic fingernails together.

    The death of a global superstar is invariably a sad event, but the loss of Parton today at age 80 is an uncommonly crushing blow to many of us. For gay men, she was our North Star, a beacon of inclusivity in a world of persistent intolerance. Her theme park near the Great Smoky Mountains, Dollywood, was a pilgrimage destination on the queer-tourism map. If gays ran the Oval Office, her birthday would be a national holiday.

    Parton frequently mined self-deprecating humor from her almost cartoonish appearance — the boobs, the big blonde wigs, the bejeweled outfits, the cosmetic surgeries — and yet she remained unequivocally real. 

    I saw her perform just once at a Radio City Music Hall concert in 2005 as part of her Vintage Tour, along with a sea of gay men who had resurrected their Westernwear from Madonna’s “Don’t Tell Me” period for the occasion. When an elaborate piece of stage scenery malfunctioned and failed to descend from the flies during her opening number, Parton quipped that a little old country girl from East Tennessee should never have even attempted something so fancy.

    The iconic look and larger-than-life persona were an inextricable part of her sui generis screen presence in a handful of beloved movies. She was never an actress with significant range, but the thing is, she never had to be. The sweetness, the sense of humor and the old-fashioned goodness that epitomized who she was in her many walks of life made her incandescent. From her very first entrance, we knew exactly who her character was, almost all of them a mirror to who Parton was in real life.

    In The Best Little Whorehouse in Texas, starring as Miss Mona Stangley alongside Burt Reynolds, she made being the madam of a brothel — or as she puts it in one of her songs, “A Lil’ Ole Bitty Pissant Country Place” — seem wholesome, caring for her “girls” like they were her own children. Rewatching that cornbread musical in a Houston gay bar in the early ‘80s was a hootenanny I’ll never forget, Stetsons constantly flying up in the air in jubilant appreciation.

    In Steel Magnolias, an all-star tear-jerker about the fortitude to be drawn from female friendship in times of sadness, Parton played the big-haired, open-hearted small-town Louisiana beauty parlor owner, Truvy Jones. (Her character names alone are divine.) Her salon was a social hub, a place for harmless gossip and friendly banter, and a respite for its regulars from their frequently exasperating husbands and sons. 

    Watching Parton hold her own alongside pros like Sally Field, Olympia Dukakis and Shirley MacLaine was bliss, not to mention seeing her character in a loving marriage with the coolest — OK, and sexiest — of modern-day cowboys, Sam Shepard.

    It’s doubtful that anyone would try to make a case for the 1984 Sylvester Stallone vehicle, Rhinestone; I wonder if there’s even a living soul who managed to get through it. But Parton could sew a silk purse out of a sow’s ear, introducing two top 10 country hits in the movie.

    Her gifts were put to more memorable use in the cheesy but disarming comedy Straight Talk, as Shirlee Kenyon, a Southern transplant looking to rebuild her life in Chicago, where she becomes an accidental talk radio call-in advice show host. And Parton brought her signature warmth and wit to the guilty pleasure Joyful Noise, playing G.G. Sparrow, a feisty widow wrestling for control of her small Georgia town’s choir with Queen Latifah’s Vi Rose Hill. When Vi Rose gets her in a headlock, G.G. squawks, “Oow, you’re breakin’ my hair!”

    Putting aside her many cameos and popular TV movies, Parton’s filmography was by most standards meager. But she inhabited every role with spirit, vigor, compassion and charm for days, qualities entirely true to herself. Her death leaves the world a much poorer place.

  • Jane Fonda Slams Paramount For Calling Mark Ruffalo’s Comments ‘Antisemitic’: ‘A Smear to Delegitimize Criticism of the Merger’

    Jane Fonda Slams Paramount For Calling Mark Ruffalo’s Comments ‘Antisemitic’: ‘A Smear to Delegitimize Criticism of the Merger’

    Jane Fonda has released a statement in support of Mark Ruffalo after Paramount slammed the four-time Oscar nominee as “antisemitic” for a recent post denouncing Larry Ellison’s ties to Israel and David Ellison’s planned merger with Warner Bros.

    “Especially as a Jewish American, I find it deeply troubling to see false accusations of antisemitism used to silence legitimate political criticism in this country,” Fonda wrote in a statement shared to the Committee for the 1st Amendment Instagram. “Antisemitism is real and dangerous, which is precisely why the charge should never be used as a cudgel against people whose political views you dislike, in this case as dedicated a crusader for democracy as Mark, whom we are proud to have as a Committee member and to be in this fight with us.”

    “Mark Ruffalo has a First Amendment right to speak out about politics, powerful corporations and this dangerous merger — full stop,” she added. “Calling his criticism antisemitic is a smear to delegitimize criticism of the merger and to distract from the question Paramount would rather not answer: Should one company be allowed to accumulate this much power over our movies, television and news?”

    On Friday, Ruffalo shared a clip to Instagram in which Paramount board member Safra Catz discussed “profoundly scary technologies” that tech giant Oracle shared with the Israeli military after the Oct. 7 terror attack. Oracle was co-founded by Larry Ellison, the father of Paramount Skydance CEO David Ellison. Ruffalo went on to liken Larry Ellison to a “classic oligarch” and warned of what would happen if Paramount and Warner Bros. were allowed to merge.

    In response, a Paramount spokesperson said in a statement that the company is “troubled when antisemitic tropes are invoked in purported service of a business dispute. Words like ‘genocide’ and ‘apartheid,’ applied to a corporate transaction, aren’t just wrong — they’re a bridge too far, and they cheapen the very real suffering those words are meant to describe. This doesn’t deserve a response in kind — and to be clear, we don’t tolerate prejudice of any kind, against anyone.”

    Fonda is not the first to stand up for Ruffalo. “Hacks” star Hannah Einbinder wrote on her Instagram Story Monday night, “I’m so grateful that Mark Ruffalo drew a connection between the Ellisons providing military technology to Israel during a genocide and their unprecedented media takeover — and pointed out that this is a dangerous consolidation of power that could ultimately be used against us.”

    “The idea that he only said these things because the Ellisons are Jewish is LUDICROUS,” she continued. “Is it also antisemitic to point out that Safra Catz, the Oracle executive vice chair who boasted about the ‘profoundly scary technology’ provided to the IDF, also sits on Paramount’s board? Or that Larry Ellison has been buying favor with Trump by donating tens of millions to his political effort for years? Or that he once offered Netanyahu a lucrative Oracle post?”

  • Banks Unveil ‘BankChain’ Alliance to Rival Crypto Stablecoins

    Banks Unveil ‘BankChain’ Alliance to Rival Crypto Stablecoins

    39 banking associations in the United States have jointly formed the “BankChain Alliance” to curb their fears of client and capital flight into blockchain-based stablecoins.

    Banks compete with stablecoins via on-chain banking

    Initiated by the Texas Banking Association, the consortium represents thousands of community and mid-sized commercial banks looking to develop a 24/7, nationwide, bank-governed and permissioned blockchain by the year 2027.

    The network would be characterized by security and compliance just like a traditional banking setup, with the addition of blockchain infrastructure. This modus operandi would enable banks to conduct near-instant settlement of digital assets, appealing to the evolving fintech space that now favors blockchains over legacy infrastructure.

    Additional features

    The blockchain will feature tokenized deposits for clients to convert standard bank deposits into digital tokens on a shared ledger. This unlocks instant liquidity and transactions, while eliminating the need to withdraw funds from the bank.

    Secondly, the banks plan to issue native FDIC-compliant and fully backed stablecoins. This will give clients a regulated alternative to private stablecoins like USDT and USDC.

    Thirdly, the new network would embed smart contracts for automatic settlements upon the fulfilment of predefined conditions such as escrow releases.

    The group is now headhunting for a technology partner to construct the network with all the features above.

    Interaction with the CLARITY Act

    The news comes amid a fierce, high-stakes political standoff in Washington over the CLARITY Act. Banks now seem to be taking advantage of the legislation’s stalling to provide corporations with a compliant blockchain system.

    The selection of Kathy Kraninger as interim chair of the consortium is especially significant since she is a former Director of the Consumer Financial Protection Bureau (CFPB). Under her leadership, the BankChain Alliance aims to develop infrastructure that is ever-compliant with the evolving regulatory environment.

  • Taylor Swift Pays Tribute to Dolly Parton: ‘She Was True Grace and True Grit, All in One Dazzling Person’

    Taylor Swift Pays Tribute to Dolly Parton: ‘She Was True Grace and True Grit, All in One Dazzling Person’

    Taylor Swift shared a touching tribute to the late Dolly Parton after the iconic singer-songwriter’s death on Tuesday.

    “A world without Dolly doesn’t feel possible, real, or right,” it reads. “But because of the eternally generous way she spent her time on this earth and the countless lives she changed for the better, her legacy will be an everlasting one. 

    “She was truly the gift that kept on giving. Dolly gave us someone to look up to while encouraging us to be who we are as individuals. Somehow she was able to give us her lessons about the world gently and honestly, simultaneously, and oftentimes hilariously. She managed to give the world the ultimate mystery and fantasy in some corners of her life, but to give full transparency in the ways that counted. Somehow she was true grace and true grit, all in one dazzling person. She possessed the softest heart when it came to the struggles of others, and a backbone of steel to defend her own self worth as an artist. 

    “Along with her other fans, I am so grateful for all of it. For the melodies and lyrics she wrote that thawed even the coldest hearts. For the millions of books she provided children all over the world so that they might fall in love with stories the way she did. For the tightropes she walked so that young girls like me could grow up dreaming of joining the circus too. 

    “Dolly, I’ll think of you each step of the way.”

    ~ Taylor Swift 

    Parton, the queen of country music, died at age 80 in Nashville. Swift, who got her start in country music before going on to massive crossover success, has never been shy about her reverence for Parton, whom she recently described [via The Hollywood Reporter] as a “force of evolution and transformation” in the music business and a “storyteller for the ages.”

    Likewise, Parton has championed Swift, telling Variety that the younger songstress was “amazing” for what she’d accomplished in her career thus far.

    “I just admire her very much and how she’s handled her business, her personal life, and what all she has meant to so many young people,” Parton said in the 2024 interview. “[She’s] been a great inspiration. And Lord knows we need some uplifting people and things this day and time.”

    Last month, Parton posted a video message thanking Swift and Travis Kelce for donating $2 million to Parton’s Imagination Library (a literacy program that gifts free books every month to children from birth to age 5) ahead of their July 3 wedding at Madison Square Garden.

    “It’s evident that you two have made giving back a key part of your lives, so hey, when you have your firstborn, can I have it? Because that is going to be one special baby,” Parton joked, telling the couple she was “overjoyed” by their generosity and signing off by singing “I Will Always Love You.”