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  • Foo Fighters and Gustavo Dudamel Blow Up the Hollywood Bowl as Conductor Blows Out the Candle on His Time With the LA Phil: Concert Review

    Foo Fighters and Gustavo Dudamel Blow Up the Hollywood Bowl as Conductor Blows Out the Candle on His Time With the LA Phil: Concert Review

    The LA Phil has played with plenty of pop and rock acts before, but it may have taken Foo Fighters to really put the dude in Dudamel.

    And not a moment too soon, with this being famed conductor Gustavo Dudamel‘s final weekend at the helm of Los Angeles’ primary house symphony. The Phil’s hookup with Dave Grohl and company Saturday night was the middle act in a three-night local finale for Dudamel — a delectable dip into what old-school symphony buffs would once have considered low culture. The entire weekend, though, was about asking Beethoven to roll over, as it were, for some of the maestro’s less classical loves. The Foos collab was sandwiched in between Friday and Sunday concerts where the focus was on acknowledging Dudamel’s connections to Latin American and specifically Venezuelan music.

    Understandably, Grohl had to make it at least a little about himself, too, or more to the point, this being a milestone for his 32-year-old band. “ This is a first,” he told the sold-out crowd at the outset. “First of all, I don’t know if you know, but Foo Fighters has never played the Hollywood Bowl before… Usually in this part of the program I ask the audience if they love rock ‘n’ roll music… But tonight, i’m gonna ask this question for the first time: Do you love Dudamel? Me too. so let’s play some rock ‘n’ roll for Mr. Dudamel. That’s what we came here to do.”

    For a while, it seemed as if this show might really mark a serious first: Grohl, who tends to pepper his stage banter with the F-word at least once in every sentence — used as an exclamation, adjective, adverb, noun, verb and preposition — seemed to be inspired by the occasion, and by the presence of dozens of the world’s finest musicians in formalwear, to be deliberately abstaining from profanity. But if that was indeed a goal, finally, toward the end, he couldn’t help himself. “Ladies and gentlemen, on an evening like tonight, I don’t really know how to say goodbye, because I wish that we could do this every fucking night for the rest of our lives with all of these amazing people.”

    A quick, unscientific survey of Foo fans suggested that not one of them would have a problem with that (in, you know, the theoretical world where Grohl could outspend and out-prestige the New York Philharmonic, where Dudamel is headed next). Fans online — those who’d been at the concert and those just tracking it from afar — immediately began clamoring for a commercial release of Saturday’s show. That desire was well-justified. When some bands do symphonic hook-ups, it makes for a satisfying experiment, but not necessarily one you need to hear endlessly. The arrangements here were so well-balanced, and so in keeping with what made these tracks feel as dramatic as they did in the first place, that you could imagine recordings from the show taking the place of the originals in some fans’ streaming playlists, indefinitely if not for all time.

    Some artists who do Bowl shows with the LA Phil or its sister symphony, the Hollywood Bowl Orchestra, run through something close to their normal set and require whoever is assigned to do the orchestrations to follow suit. Fortunately, Grohl took a broader view of what catalog material might benefit most from the augmentation, even if it meant narrowing down the length of the setlist, since orchestral players by definition don’t work rock ‘n’ roll hours.

    “Listen, tonight we’re gonna play as many things as we can before we have to stop,” the singer said early in the hour-and-40-minutes performance. “You know, we usually play for three hours a night. But tonight, we picked the best songs that we could perform with our friends in the LA Phil and Mr. Gustavo Dudamel. Some of these you may have never heard before. So sit back and enjoy a song called ‘A320.’”

    Foo Fighters and Gustavo Dudamel (third from left) take a bow at the close of Celebrating Gustavo at the Bowl: Foo Fighters with the LA Phil and YOLA, at the Hollywood Bowl August 22, 2026

    Timothy Norris/Los Angeles Philharmonic

    Now, pretty much the only people who’ve been holding out for “A320” to rejoin the Foos’ set after a quarter-century of absence are the half-dozen people still clutching to their CDs of the 1998 “Godzilla” soundtrack, where it first lived and kind of died a quiet death. But, as one of the rare songs to have included string arrangements on the original record, it was prime territory for revival here. (And the band has also been trying it out at a few non-orchestral tour stops this year, maybe with the thought of getting it ready for the Bowl.) As on the age-old original, the first half of the six-minute track was sweeping in its use of orchestral augmentation, and then the second half put aside both strings and vocals to turn into a pure band jam. That’s counterintuitive, since it would be more common to start a song without orchestration and then add it in, rather than the reverse. But the band fury is as climactic as anything that could be done continuing to have the full ensemble play… and Dudamel looked happy enough to put his baton down, turn around and just watch the group play for a few minutes. (The Phil was present at points on every one of the 15 songs song, but there were plenty of stretches within those songs where they took five.)

    HB26 Celebrating Gustavo at the Bowl: Foo Fighters with the LA Phil and YOLA – August 22, 2026

    Timothy Norris/Los Angeles Philharmonic

    The band’s most faithful followers may be happy to hear “Times Like These” played for the 894th time (according to setlist.fm), but having “A320” come into the set early was a sign that this would really be a night to make the hardcore happy. And there ended up being three more rarities to set fans aflutter: “I Should Have Known,” being played live for the first time since 2012; “Razor,” being performed for the first time since 2006; and “Home,” getting a live airing for the first time since 2007 (and only the fifth performance overall). What these surprise additions meant, in human terms, is that Grohl understood the assignment, when it came to joining forces with another powerful institution: you find the songs that have been waiting for that moment.

    Of course, he also considered some of the band’s greatest hits to be in that category. “This was made for the Hollywood Bowl, I think,” Grohl said, prefacing “My Hero.” It was hard to argue with that assessment, when the song took on a healthy dose of brass that sounded noble enough for a military funeral… not to mention a surprise solo harp for just a few seconds when the rest of the onstage complement dropped out for a dramatic pause.

    But it really was some of the lesser known or slightly less celebrated songs making bigger impressions. A choir came out on two songs in the middle of the set, both of them highlights. First among them was “The Sky Is a Neighborhood” (the title of which lets you know that Grohl does have a poetic side, however much his stage banter falls into the category of basic-bitch). The frontman did some of his punkiest scream-singing of the night, content to know that the dozen or so berobed figures surrounding him could keep up the melodious quotient of the tune; Chris Shiflett turned in a short, sweet and rare guitar solo over some of that choral wailing, as the band thunderously pounded it out in 6/8 time. Maximalism doesn’t come much more maximal than that, and it was genuinely musical as well as bombastic.

    HB26 Celebrating Gustavo at the Bowl: Foo Fighters with the LA Phil and YOLA – August 22, 2026

    Timothy Norris/Los Angeles Philharmonic

    Then, taking it way down, members of the participating YOLA (the Youth Orchestra of Los Angeles), identifiable by their shirts (and by their, duh, youth), did a somber string opening for “Run,” replicating or replacing the studio version’s extended acoustic guitar intro, before the rock and the choir kicked in — another certain highlight, despite the tune not being on the list of internationally approved classics.

    More expected standouts included “Aurora,” which Grohl has been faithfully dedicating nightly to Taylor Hawkins, with the orchestra again going silent during the final stretch so that the core band could use the hypnotically interesting riffage to send a former comrade into the afterlife with 17,000 phones aglow.

    It didn’t seem as if it would get much more sentimental than that, yet it did, as the unlikely penultimate pick turned out to be “Home,” of which Grohl said, “We’ve only done this song once.” (He was off-count by about three instances, according to the online stats, but close enough.) Taking a stool for the most sedate of his ballads, Grohl explained that he was never previously able to get through the 2007 song “because it’s such a meaningful song to me that whenever I heard it, I couldn’t stop from crying. And whenever we played it, there’s no way I could make it through the entire song without just bursting into tears. But what I’ve found is that while you’re singing it, if you think of other things, you can actually make it to the end without crying.” There was a pause, while the audience waited for Grohl to explain if he was picturing the audience naked, or something. “I’m not gonna tell you what I was thinking about,” he then announced. “But we got to the end of the fucking song, so there you go.”

    There might have been other reasons to wonder whether Grohl would make it through the set, early on — like, right, at the very beginning, when the set started with a slow and stark couple of verses of “Times Like These,” and the singer’s voice cracked when he sang that high, introductory “I…” And the same thing happened when that note came around again. Was it an inauspicious way to start the set, revealing a voice that was tour-ravaged… or was Grohl faking us out with some exaggerated emotion? Whichever was the case, he quickly rallied, or otherwise revved up to speed, and there were no worries about whether his howl would survive this hot night from then on. But he had us going for about half a minute there.

    A good thing he turned out to deceptively be in top shape after all; this will go down in many fans’ books as one of the group’s all-timers. Whether the show is memorialized through some sort of commemorative recording or just cameraphone videos, it’s some of the little things that stick in memory, at least initially: the way that the horns filled in the space between the lines of verses on “All My Life” with frenetic stabs, or how, on “Learn to Fly,” the strings played slightly off the beat in the dramatic coda, versus the straightforward slamming of the band. And the fake endings … so many fake endings. But Grohl is showman enough to know: when a fast song leaves ’em wanting more, it doesn’t hurt to seem to quit and then actually give a little more.

    Dudamel did not do much talking; if he has any sentimental feelings he wants to share with the L.A. audience about taking leave of them, presumably he will do it during Sunday night’s true swan song. But he did speak while introducing what amounted to the evening’s opening act — a 15-minute border-crossing suite, composer Aldemaro Romero’s “Fuga con Pajarillo,” which segued back and forth between the full orchestra and Venezuelan musicians, including Eduardo Betancourt, Jorge Glem and Moisés Torrealba. The main reason for the night was, as Grohl said, “to give Gustavo one more big rock show before he has to leave this wonderful city.” But even then, he couldn’t leave Venezuela out of it. New York will be blessed to have someone so faithful to his truest loves.

    Which definitely do include rock. Dudamel’s performance conducting with Foo Fighters Saturday made you wish the LA Phil, or future employers, would dedicate one of the venue’s big screens solely to a Gustavo Cam, so everyone could see how headbanging really should look, when it’s being done by a pro.

    Dave Grohl and conductor Gustavo Dudamel perform as part of Celebrating Gustavo at the Bowl: Foo Fighters with the LA Phil and YOLA – August 22, 2026

    Timothy Norris/Los Angeles Philharmonic

    Setlist for Foo Fighters with the LA Phil, Gustavo Dudamel and YOLA at the Hollywood Bowl, August 22, 2026:
    Times Like These
    All My Life
    The Pretender
    Walk
    A320
    My Hero
    Learn to Fly
    The Sky Is a Neighborhood
    Run
    I Should Have Known
    Razor
    Aurora
    Best of You
    Home
    Everlong

    Gustvavo Dudamel with Venezuelan musicians backstage at Celebrating Gustavo at the Bowl: Foo Fighters with the LA Phil and YOLA – August 22, 2026

    Timothy Norris/Los Angeles Philharmonic

  • PI holds key support despite 15% decline – But $0.085 breakdown risk looms

    PI holds key support despite 15% decline – But $0.085 breakdown risk looms

    PI Network [PI] has declined by a double-digit percentage, showing that the asset is on the downside and has lost 15%.

    Market sentiment shows that while bears may be dominating, there hasn’t been sufficient data to suggest that a massive decline may be coming. If anything, it’s the other way around.

    PI’s real test is below

    The market structure data shows that PI has been trading within a bullish triangle pattern, and the recent drop is a decline toward the support line of the chart.

    The support line is the diagonal trendline, and this level has prevented a market decline on three different occasions, pushing the asset higher.

    This is the second attempt price has made to trade lower toward the support level, although there hasn’t been a breakdown below this level yet. If a breakdown occurs, then the price could find support at the horizontal support level of $0.085.

    Source: TradingView

    Ideally, the price could consolidate within the channel before a breakout to the upside, above the resistance, which could lead to a new high on the chart. If this happens, possible near-term targets for price would be $0.103 and $0.110, as marked on the chart.

    Still, there’s a possibility that the price will continue to consolidate along this line before a breakout to the upside.

    Capital flow isn’t favorable

    Investors aren’t particularly bullish on price, and this could restrict capital flow into the market. At the time of this report, the Accumulation/Distribution indicator, as well as the Money Flow Index (MFI), has moved lower on the chart.

    The A/D indicator has been on the downside and remains on the sidelines, while the MFI is in the bearish zone, below 50.

    Source: TradingView

    The Accumulation/Distribution indicator is a volume-weighted tracker used to determine whether there is buying or selling pressure, while the Money Flow Index tracks overall buying and selling in the market.

    On the last two occasions when price traded into the support level on the chart, marked by the red line, the A/D indicator and MFI were both trending higher. This isn’t the case at present.

    Notably, the MFI needs to rally above 50 before the market can be considered bullish. A cross above this zone would imply that investors are likely to continue rotating capital into the market. Likewise, the A/D would need to move further higher for the bulls to establish dominance.

    Funding and market are still good

    There has been clear bullish sentiment across exchange activity. The Funding Rate and Open Interest in the market have remained bullish.

    The Funding Rate is at 0.0050 on the chart, implying that there are more long positions in the market and showing that traders are still buying the asset. At the same time, Open Interest has a reading of $2.3 million in the market.

    Source: Coinalyze

    The Funding Rate would play a key role in helping the asset maintain its bullish outlook, especially in the near term.


    Funding Rate

    • PI is testing a key triangle support level after its 15% decline, with a breakdown potentially exposing the $0.085 support.
    • Bulls need stronger capital inflows and a move above $0.103 to strengthen the case for a rally toward $0.11.
  • John Oliver Embarrasses Trump Transportation Secretary Sean Duffy Over ‘Godawful’ YouTube Reality Show and ‘Real World’ Past

    John Oliver Embarrasses Trump Transportation Secretary Sean Duffy Over ‘Godawful’ YouTube Reality Show and ‘Real World’ Past

    John Oliver is an outspoken fan of reality TV — but not this former “Real World” star.

    On Sunday’s “Last Week Tonight,” the political pundit took aim squarely at Sean Duffy, President Trump’s Secretary of Transportation and former congressman and “The Real World: Boston” cast member. You see, on Wednesday, Duffy dropped all six episodes of “The Great American Road Trip” to YouTube. Though it bills itself as a reality show celebrating America’s 250th anniversary, its travel and its people, as Oliver pointed out, “It’s basically just an expensively-produced test run of a Duffy family reality show with each episode featuring a bare minimum about travel or America but a ton of manufactured reality-TV drama around the Duffy’s doing stuff like planning a family party or, over the course of several episodes, watching their daughter decide which college she’ll attend.” (Duffy’s wife is Fox News contributor Rachel Campos-Duffy, who he met on MTV’s “Road Rules: All Stars.”)

    In a clip from the show that was widely mocked online, while discussing whether his daughter can go to Harvard, Duffy remarked, “If I send you there, I think what happens is they have professionalized figuring out how they can take good, young girls like you and, I think, corrupt their minds.”

    “What the fuck are you talking about?” exclaimed Oliver. “First, this was supposed to be a road trip — why are we still in your kitchen? Second, is there anything less relatable than a family whose conflict is, how do I tell my daughter she can’t go to Harvard because we did too good of a job raising her?”

    Duffy claimed that the show was shot over seven months and that no taxpayer money was used; rather, the show was funded by the independent company Great American Road Trip Inc., which listed 17 sponsors, Boeing, Toyota, Shell and United Airlines among them, all companies overseen and regulated by Duffy’s Department of Transportation.

    “That’s not great! The only worse answer to ‘Who paid for this?’ than ‘The American taxpayer’ is ‘a bunch of companies I oversee and regulate,’” cracked Oliver.

    And, when Duffy was pressed about the conflict of interest in Congress, he replied, “Don’t you want to celebrate America?” adding, “It’s our birthday!”

    “It’s our birthday? You sound like a fucking child!” exclaimed Oliver. “You do get that just because it’s America’s birthday doesn’t mean you get to do an ethics violation, right? Grow up, Sean!”

    The show was supposed to come out in June but Duffy said it needed to be re-edited so it abided by ethics rules. And Duffy, of course, is a reality-TV veteran.

    “[Duffy] has long loved being on camera. He was actually on ‘The Real World: Boston’ in the late-90s, where he presented himself as deeply horny,” explained Oliver. “In his audition, he reportedly said that he wanted to be on the show because of his interest in ‘cute girls,’ and when asked by a producer how many times he’d had sex in the last six months, he — and I’m quoting here — flashed a big smile and said, ‘Three times. Three different individuals, yeah. And three different times,’ adding, ‘I’m sort of starving right now, guys.’”

    Cue Oliver: “And I’ve got to say: I had sex with three different women, none of whom were interested in an encore, says a lot more about you than I think you wanted to reveal there.”

    What’s worse, during his time on “The Real World: Boston,” Duffy “got attention for annoying the fuck out of his Black castmate Kameelah, who he fought with over affirmative action, complaining he would have gotten into a better college ‘if I were a Black male,’ and at another point, ‘compared [her] to Adolf Hitler while accusing her of reverse racism,’” Oliver offered.  

    As for “The Great American Road Trip,” its YouTube views are dwindling in the thousands and its YouTube page has less than 3K subscribers at time of writing.

    “Everyone involved in ‘The Great American Road Trip’ seems like they’d rather sweep it under the rug,” Oliver maintained. “Since it came out, the Duffy’s have barely promoted the show and the Department of Transportation hasn’t posted about it at all… But even if everyone involved wants to move on and act like it never happened, I’m not sure the rest of us should, because the appearance of a conflict of interest here is not going to go away.”

    Oliver then cited how the Department of Transportation has two open investigations into Waymo, which is featured in the series, including for striking a child in the vicinity of a school.

    “Having watched all three hours of this godawful show, from gender reveals to the Duffy’s renewing their vows for no clear reason, it feels less like the country’s been taken on a road trip by Sean Duffy and a lot more like we’ve all been taken for a fucking ride,” he concluded.

  • Ray Dalio Backs Bitcoin as US Debt Could Spiral to $60 Trillion

    Ray Dalio Backs Bitcoin as US Debt Could Spiral to $60 Trillion

    Dalio Backs Bitcoin as Debt Risks Intensify

    Bridgewater Associates founder Ray Dalio said growing debt, weakening demand for government bonds, and monetary expansion could erode currencies while supporting scarce assets. In an Aug. 21 LinkedIn analysis, he stated:

    “I expect non-government-produced monies like gold and bitcoin to do relatively well.”

    Bitcoin’s potential role rests partly on its predetermined issuance and maximum supply of 21 million coins. Its store-of-value characteristics include scarcity, portability, self-custody, and resistance to monetary debasement, although substantial volatility prevents it from providing consistent short-term stability.

    Dalio’s support remains measured rather than unconditional, reflecting his continued preference for gold as the more established monetary asset. In May, he argued that bitcoin’s correlation with technology stocks weakens its safe-haven appeal when investors sell volatile holdings to cover losses elsewhere.

    US Debt Could Reach $60 Trillion

    Federal finances already reflect several pressures highlighted in Dalio’s debt-cycle framework, including persistent deficits and rising interest costs. The Congressional Budget Office projected a $1.9 trillion fiscal 2026 deficit, with federal outlays of $7.4 trillion, revenue of $5.6 trillion, and debt held by the public reaching 120% of gross domestic product by 2036.

    America’s debt accumulation has continued at a rapid pace, strengthening arguments that scarce assets could provide protection against long-term currency depreciation. Total public debt outstanding reached $40.05 trillion as of the close of business Aug. 18, passing $40 trillion for the first time, Treasury figures released Aug. 19 showed.

    Debt growth had already been running fast ahead of that milestone, adding nearly $1 trillion within five months. Dalio said current projections imply another substantial increase over the coming decade as deficits require continued borrowing and interest expenses consume more federal revenue. The investor wrote:

    “After taking the recently passed budget reconciliation bill into account, most of the independent assessors of the situation project that the debt in 10 years will be $55-60 trillion.”

    A full debt crisis could arrive in three years, give or take two, if the country’s fiscal course does not change, Dalio guessed. He set out that timing alongside the debt projection in a summary of his book, “How Countries Go Broke: The Big Cycle.”

    Treasury Buybacks Reinforce Debt-Cycle Concerns

    The U.S. Department of the Treasury added another signal when it expanded long-term liquidity-support buybacks on Aug. 19. The department increased the maximum purchase size for certain 10- to 30-year securities from $2 billion to at least $4 billion per operation, effective Sept. 9 through Nov. 4.

    The expansion revived discussion of the debasement trade, under which investors reduce exposure to currencies and bonds while favoring scarce assets. Bitcoin advanced as the Treasury buyback announcement drew attention to dollar weakness, although Treasury repurchases do not constitute Federal Reserve quantitative easing and do not create money by themselves.

    Where Dalio Sees Bitcoin Falling Short of Gold

    Dalio also recognizes risks that could limit bitcoin’s monetary role despite its fixed supply and borderless network. He has identified potential vulnerabilities in bitcoin’s code, government controls, transaction transparency, and the possibility that central banks may remain unwilling to treat it as a reserve asset.

    His current position represents a shift from 2020, when he questioned bitcoin’s usefulness as money and warned that governments could restrict it if it became threatening to sovereign currencies. Dalio nevertheless acknowledged that he could be wrong about bitcoin and invited proponents to address his concerns.

    The Bridgewater Associates founder ultimately favors broad diversification while reducing exposure to debt assets and allocating some capital to non-government money. He advised:

    “As general advice, I suggest diversifying well in asset classes and countries that have strong income statements and balance sheets and are not having great internal political and external geopolitical conflicts, underweighting debt assets like bonds, and overweighting gold and a bit of bitcoin.”

    “Having a small percentage—maybe 10-15%—of one’s money in gold can reduce a portfolio’s risk, and I think it would also raise its return,” he concluded.

  • Zondacrypto vanishes with executives missing and customer funds frozen

    Zondacrypto vanishes with executives missing and customer funds frozen

    Zondagrypto, which used to be the leading cryptocurrency platform in Eastern and Central Europe, has vanished after both its top managers have disappeared and hundreds of thousands of users are blocked from accessing their funds.

    The incident serves as a reminder to the crypto industry, which is still struggling for recognition, about how swiftly people’s trust can disappear if they do not know what happens to their investments.

    The damage is not limited to Poland and Estonia, where the exchange has its roots. Cryptocurrencies have gained political and institutional acceptance in part due to President Donald Trump, whose family-owned cryptocurrency venture reportedly made $1.4 billion, as noted by the New York Times (Times).

    Nevertheless, Zondacrypto demonstrates that the old fraud problem in the business still matters. Its ZND token has lost 99.9% of its value, CoinMarketCap data shows, while the platform where it keeps customer deposits has been offline since April.

    Two bosses gone in four years

    The platform started as BitBay in 2014 in Katowice, which was founded by Sylwester Suszek, who was a miner’s son and was called a “crypto king” by the media in Poland. As per earlier reports by Cryptopolitan, Suszek vanished in March 2022 at the age of 34 after going to a fuel depot close to Katowice to meet his associate, Marian Wszolek.

    His family believes he was kidnapped and killed. Polish prosecutors later charged Wszolek with organized-crime membership, large-scale VAT fraud, money laundering, and unlawful deprivation of liberty tied to Suszek’s disappearance. Wszolek later vanished as well, the Times reported.

    The attorney representing Suszek, Przemyslaw Kral, has now taken control of affairs. The last communication from him was via social media on April 16, 2026, in which he told all clients to keep calm. It has been four months since then, although the Times alleged several sightings of him in places such as Israel, Botswana, and Dubai.

    Robert Nogacki, a lawyer from Warsaw acting on behalf of those clients who are unable to access their property, stated that:

    “It was a fraud from the first day.”

    The wallet only a missing man could open

    Kral assured anxious clients that Zondacrypto possessed 4,500 Bitcoins, which had a value of about $336 million at that time, with only Suszek in possession of the keys.

    However, this was not true according to blockchain forensics company Recoveris. Their investigation indicated that Zondacrypto’s major Bitcoin hot wallet has shown a 99.7% drop in holdings from the recorded maximum monthly average of 55.7 $BTC in August 2024 to 0.18 $BTC in March 2026. As of April 1, Zondacrypto had 0.086 $BTC remaining, worth around $9,700.

    According to Recoveris, similar European exchanges had an average of 308 $BTC in their primary hot wallets. Recoveris pointed out that the company had initiated the transfer of 511 transactions from Zondacrypto wallets to a deposit address at Kraken between mid-December 2025 and the beginning of April, worth approximately $21 million.

    The exchange refused to disclose wallet addresses as proof of its cold reserves and cited the MiCA and DORA rules of the European Union. Both regulations do not prohibit the disclosure of the information.

    Estonia pulls the license, Brussels’ clock runs out

    On June 29, 2026, the license of BB Trade Estonia OÜ, the parent company of Zondacrypto, was cancelled by Estonia’s Financial Intelligence Unit (FIU). Earlier, on May 18, the FIU had already temporarily suspended some of the company’s licenses, preventing it from accepting new clients.

    The agency added that its capacity is limited since its purpose is to supervise compliance of anti-money laundering laws, but not to check whether customers’ funds actually exist and are safely kept.

    The collapse’s timing added to its drama. Article 143 of MiCA mandates that providers operating according to pre-existing national regimes can continue to operate only up to July 1, 2026, or till their application gets approved or denied by the European Securities and Markets Authority (ESMA). Zondacrypto’s Estonian license disappeared just two days before the deadline.

    Prosecutors fold it into an organized-crime case

    According to a statement issued on August 3, the Zondacrypto investigation by the Regional Prosecutor’s Office in Katowice has been integrated with the investigation by the National Prosecutor’s Office run by the organized crime and corruption department in Silesia region.

    Prosecutors have a number of inquiries into the creation and functioning of BitBay and Zondacrypto, including the investigation related to the disappearance of Suszek.

    Prime Minister Donald Tusk of Poland has accused Zondacrypto of being connected to Russian crime syndicates and intelligence agencies, pointing out the company’s financial connections to right-wing politicians and events in Poland.

    Speaking at the Sejm on April 17 he stated that Zondacrypto’s rise to success had begun “with the money of the Russian mafia.”

    For now, its customers are only concerned about two issues: the fate of their deposits and the future of the two missing executives.

  • Human-caused Nevada wildfire forces 42,000 people to evacuate

    Human-caused Nevada wildfire forces 42,000 people to evacuate

    A fast-moving wildfire near Reno, Nevada, has forced 42,000 people to evacuate and put another 45,000 on alert. Six people have been injured and several homes burned. Officials say the fire was human-caused and is under investigation.

  • Hayden Panettiere’s Mom Blasts Gayle King and Megyn Kelly’s Criticisms of Her in Wake of Daughter’s Death

    Hayden Panettiere’s Mom Blasts Gayle King and Megyn Kelly’s Criticisms of Her in Wake of Daughter’s Death

    Lesley Vogel, Hayden Panettiere’s mom, is slamming both Gayle King and Megyn Kelly for their recent criticisms in the wake of her daughter’s death.

    “I was very, very hurt and deeply disappointed in the lack of professionalism, the lack of compassion in slamming someone who’s lost two children, without even a modicum of consideration,” Vogel said during a recent interview with the Daily Mail regarding the CBS Mornings host and podcaster’s separate comments.

    “No one reached out to me before,” she added. “It’s shameful. It’s unconscionable to me.”

    The Hollywood Reporter has reached out to CBS Mornings for comment, but did not hear back at the time of publication.

    Panettiere, an actress known for her roles in Heroes, Nashville and the Scream franchise, died last Sunday at age 36. Following her death, Vogel spoke to NBC News on Tuesday, where she criticized her daughter’s on-again-off-again boyfriend Brian Hickerson and felt her daughter “lost her way.”

    “This person in her life that we have been trying to get rid of for quite some time was with her at her death and that was Brian Hickerson,” she said at the time. “I think Hayden was an amazingly talented person in so many departments and I think young people who grow up in the entertainment industry — it is a struggle and it’s a very challenging industry and it’s not unusual for them to sadly find the wrong path.”

    Vogel added, “I think Hayden sadly lost her way and I wish it were different. I wish she had stayed true to herself because she had many incredible attributes.”

    The following day, during Wednesday’s CBS Mornings broadcast, King criticized Vogel for focusing too much on her daughter’s struggles amid her death. “You know, guys, you read this and all I can think is, ‘Thanks, mom, for nothing,’” the host said.

    “It makes me so sad of the opportunity that you have after your daughter’s death that that’s what you choose to leave us with,” King added.

    As for Kelly, the former Fox News reporter went on The Megyn Kelly Show and declared, “You failed at your job… You got an F as a parent,” referring to Vogel.

    “You made a bunch of money off of your daughter,” Kelly added. “You probably have a super nice car and a big house. You failed. You raised someone to the age of majority who doesn’t feel safe, loved, or cherished. You’re a loser.”

    Panettiere had been open about her estranged relationship with her mother, who also served as her manager when she was growing up in the industry. In her memoir, This Is Me: A Reckoning, the actress detailed the pressure she felt from Vogel.

    During an interview with THR in May, Panettiere also opened up about the challenges of delving into her childhood and relationship with her mom when writing This Is Me. “Having to touch on everything about my relationship with my mother, that was one of the harder things to talk about,” Panettiere said. “While writing it, I realized even more so how much of a toll it took on me.”

    Page Six reported in May that Vogel had chosen the “no-contact route” with Panettiere after “20 years of trauma” and on the advice of professionals.

    Her son and Panettiere’s younger brother also died in February 2023 at the age of 28.

  • Will Donald Trump’s new sanctions against Iran work?

    The US president says he will impose ‘crushing measures’ on Tehran.

    After nearly six months of war on Iran, the US appears to be taking a different approach.

    President Donald Trump says Washington will carry out a “crushing economic operation”.

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    Attempts to reach an agreement to end the war have stalled.

    Now, the US is calling on other countries to join what it calls the greatest coordinated economic isolation in history.

    For its part, Iran says that any countries joining the US campaign will be treated as enemies.

    What does this mean for the conflict?

    Presenter: James Bays

    Guests:

    Jamal Abdi – president of the National Iranian American Council

    Hassan Ahmadian – professor at the University of Tehran and deputy director at the Center for Middle East Scientific and Strategic Studies

    Mark Pfeifle – former White House deputy national security adviser and president of Off the Record Strategies

  • Shelley Fabares, ‘Coach’ and ‘The Donna Reed Show’ Star, Dies at 82

    Shelley Fabares, ‘Coach’ and ‘The Donna Reed Show’ Star, Dies at 82

    Shelley Fabares, the star of the classic sitcoms “The Donna Reed Show” and “Coach,” died on Saturday in Los Angeles. She was 82.

    Fabares’ family said in a statement, “We will miss her deeply — not only as a celebrated performer, but as the loving and extraordinary person she was in our everyday lives. We are heartbroken by her loss, yet profoundly grateful for the years we shared with her and for the joy, compassion, and love she brought to so many. We ask that our family’s privacy be respected as we grieve. We take comfort in knowing that Shelley’s work and the memories she created with those who loved her will continue to live on.”

    Fabares starred as the Stone family daughter Mary in “The Donna Reed Show,” which ran on ABC for 275 episodes from 1958 to 1966. Fabares appeared in 192 episodes and left the series in 1965. On ABC’s “Coach,” which ranf or 199 episodes from 1989 to 1997, she played Christine Armstrong, a TV news anchor and the romantic interest of Craig T. Nelson’s college football coach Hayden Fox. She earned two Emmy nominations, in 1993 and 1994, for supporting comedy actress for her work on the series.

    Fabares also had a brief career as a singer during her time on “The Donna Reed Show,” notching a No.1 hit with her 1961 track “Johnny Angel.” She parlayed her TV fame into a series of teen-centric B-movie romps including opposite Fabian in 1964’s “Ride the Wild Surf,” and she co-starred with Elvis Presley in three films, 1965’s “Girl Happy,” 1966’s “Spinout!” and 1967’s “Clambake.”

    Some of Fabares’ other TV credits include “The Little People,” “Forever Fernwood,” “The Practice,” “Hello, Larry,” “Highcliffe Manor,” “Fantasy Island,” “One Day at a Time” and “The Love Boat.” She had a key role on one of the most lauded TV movies of the 1970s, ABC’s “Brian’s Song,” starring James Caan and Billy Dee Williams in the true story of the friendship between two NFL players as one of them faces terminal cancer. Fabares played Joy Piccolo, the wife of Caan’s Brian Piccolo.

    Fabares was born in Santa Monica, Calif in January 1944 and grew up around Hollywood. Her mother, Elsa, started her modeling career at a young age, which led to roles on TV. Fabares’ aunt, Nanette Fabray, was a well-known Broadway star and film supporting player who also transitioned to TV roles. Among Fabares’ early TV breaks was a two-episode stint on “The Loretta Young Show” in 1954. Her first major film credit came in a supporting role in the 1956 Rock Hudson drama “Never Say Goodbye,” for Universal International.

    Fabares was briefly married to influential music and movie producer Lou Adler in the mid-1960s. In 1984, Fabares married actor Mike Farrell, known for his long run on the CBS comedy “MASH.” In the 1980s and ’90s, Farrell and Fabares were active in numerous political and social causes, including protesting U.S. activities in Central America and supporting the anti-nuclear movement that took root in Southern California in the late 1970s.

    Like Farrell, Fabares was active behind the scenes on industry matters as a longtime SAG member. She was involved in guild leadership and helped to steer some of the early SAG Awards ceremonies. In 1998, Fabares was supportive of early efforts to combine the Screen Actors Guild with the industry’s other major performers union, the American Federation of Television and Radio Artists.

    After “Coach” ended its run, Fabares had few film and TV credits as she battled health problems. In 2000, she went through a very public health crisis in which she needed — and ultimately successfully received — a liver transplant. Her experience of waiting nearly two years for a donor liver to become available helped raise public awareness for the acute need for organ donations. Fabares was a longtime supporter of the Alzheimer’s Association, after her mother was diagnosed with the disease in the early 1990s.

  • ‘Boorman and the Devil’ Review: The Making of John Boorman’s 1977 Disaster ‘Exorcist II: The Heretic’ Becomes a Documentary So Unbelievable It’s Funny

    ‘Boorman and the Devil’ Review: The Making of John Boorman’s 1977 Disaster ‘Exorcist II: The Heretic’ Becomes a Documentary So Unbelievable It’s Funny

    “Boorman and the Devil” is a disaster movie that feels like a party. It’s a documentary about the making of one of the worst movies of its time, and maybe of all time — “Exorcist II: The Heretic,” the spectacularly misconceived and maladroit sequel to “The Exorcist.” It was a film so singular in its awfulness that when it came out in the summer of 1977, audiences laughed at it (they literally did), and the director, John Boorman, made a frantic attempt to recut it. (He lopped off the atrocious ending for a different atrocious ending.)

    Talented people can make terrible movies, and the era of “Exorcist II,” when directors still enjoyed the carte blanche that had come with the power of the New Hollywood, was littered with ambitious bombs, from Steven Spielberg’s “1941” to Peter Bogdanovich’s “At Long Last Love” to the granddaddy of them all, the stiff-necked but aimless three-and-a-half-hour Marxist art Western “Heaven’s Gate.” “Boorman and the Devil,” written and directed by David Kittredge, is a dishy and fascinating inside look at how one of the most legendary duds of the ’70s came to happen.

    Yet what lends the documentary its special, enjoyable flavor is that 50 years after “Exorcist II” was made, a number of the people connected with it, notably Boorman himself, still don’t fully grasp what the problem was. Boorman, seated in his wintry country home in County Wicklow, Ireland (he was 85 when the documentary was shot; he’s now 93), narrates the making of “Exorcist II” for us, and he still exudes a quality of shining belief in what he was doing. He made a movie so bad so that the audience felt no connection to it — but on some level of barely suppressed ego, he’s still blaming the audience for it. He thinks the film contains “some of the best work I’ve ever done.” He believes the problem is that the audience was expecting a different kind of movie. (Yes, a scary and not deathly boring one.)

    You might call Boorman’s fortitude admirable, but you could also call it delusional. And it lends “Boorman and the Devil” the quality of a true-life Christopher Guest film. For this is the unintentionally funny story of what happens when utterly unhinged and high-minded hubris becomes your guiding light. Boorman, and others associated with “Exorcist II,” know that they made an infamous disaster, yet the reason the film was a disaster still eludes them. The documentary is full of lines that, in context, have a double-edged drollery, as when the director Joe Dante says, “Many of the techniques that he uses, I’ve never seen repeated again!”

    Boorman thinks the problem with “Exorcist II” is that it failed to deliver the full-scale nasty horror blowout that the audience was expecting — and it’s true, that was a major problem. As Boorman acknowledges, this was all by design. After his success with “Deliverance” in 1972, Boorman had been offered the chance to direct “The Exorcist” (the original) but was repulsed by the book. “It seemed to me to be a book about torturing a child,” he says. “So I declined.” Three years later, when he was offered the sequel, Boorman said he wanted to make a movie that would be a mediation on the aftermath of “The Exorcist.” There’s no doubt that was his first mistake. No less a figure than Stanley Kubrick told him, “If you want to do a sequel to ‘The Exorcist,’ you just get more blood and gore.” This much was obvious.

    But the problem with “Exorcist II: The Heretic” wasn’t just that it failed to reconjure the primal terror and gruesome gross-out shock value of “The Exorcist.” It’s that the movie Boorman made instead was at once lifeless and preposterous. Boorman, who came up through the British new wave of the ’60s, had made several gripping thrillers that are recognized as classics — the tight, mean revenge noir “Point Blank” (1967) and then, of course, “Deliverance” (1972), the middle-class-friends-in-the-hillbilly-wilds thriller that established him as an A-list force in Hollywood. But Boorman, gifted as he was, had a flaky pretentious indulgent side; he was in thrall to third-rate “mythic” ideas. (He has remained so to this day.) Boorman passed on “The Exorcist” to make “Zardoz” (1974), a dystopian mess of spaced-out Jungian sci-fi, with Sean Connery running around in a Chippendale’s version of a bullet bandolier.

    It was this side of Boorman, the glittery-eyed “visionary” pedant, that enabled “Exorcist II.” The inspiration for the movie came from the French theologian Pierre Teilhard de Chardin, who believed that the human race was getting ready to come together into a kind of cosmic telepathic hive mind. “That piqued my interest,” says Boorman. “It was an opportunity to make a film about, really, metaphysics,” as well as “the next phase of human evolution.” “Exorcist II: The Heretic,” Boorman decided, would be a movie about synchronized hypnosis, with Linda Blair’s Regan trying to deal with the trauma of having had the devil inside her by sharing the experience with her therapist, Dr. Tuskin (Louise Fletcher), and with Father Philip Lamont (Richard Burton), the priest assigned by the Vatican to investigate what happened to Father Merrin.

    Here’s the thing about synchronized hypnosis. It’s one of those fruit-loop 1970s ideas — but more than that, it proved to be uniquely static as drama. “Exorcist II” turned out to be a movie about people sitting in a room staring at each other with wiry metal headbands on.

    The film’s folly extended to the one-note stentorian badness of Richard Burton’s performance, as he intoned such classy lines as “E-vil…is a spiritual being.” It extended to the ruinously expensive but still fakey-looking re-creation of Ethiopia on a soundstage, with piles of dirt being blown around by wind machines, enough arc lights to threaten to set the place on fire, and boulders that looked like they were made of Styrofoam. And it extended to the film’s weirdly abstract portrait of the devil, which would now be embodied by…locusts! Great teeming swarms of them, with an occasional locust seen in big buggy close-up, and shots of flying from a locust’s-eye view (the Steadicam had just been invented). It all looked like a cheesy disaster movie called “Attack of the Locusts” (in fact, a killer-bee movie called “The Swarm” came out a year later. Coincidence? Maybe not). James Earl Jones, as the African scientist Kokumo, donned a giant locust head like a Halloween costume and for some reason spit a whole tomato out of his mouth. Even the film’s name for the demon was ridiculous: Pazuzu. Every time you heard it, the more it sounded like baby talk.

    I saw “Exorcist II: The Heretic” the week it came out, and from the moment Linda Blair appeared, doing a smiley tap-dance for no good reason, through the orgy-of-destruction climax in what looked like a discotheque from hell, the film was staggering in its ineptitude. I left the theater shaking my head in disbelief. I had never seen it again until a year ago, and was unsurprised to discover that time had not been kind to it.

    Yet even as “Boorman and the Devil” gets you chortling at how the bad decisions piled up, the movie also sells the idea that Boorman was working on the high wire, and that “Exorcist II” was a folly with shades of greatness in it. Several notable critics are interviewed (they include Bilge Ebiri, Joseph McBride, and my friend Stephanie Zacharek), and they all testify to the idea that there’s some sort of loopy grandeur to what Boorman achieved. With all due respect, I think this is a complete fantasy, but it takes off from what Pauline Kael said about the movie at the time — that its imagery had a crazy spellbinding quality. Kael had hated “The Exorcist” (her despairing review of it is one of her greatest pieces — an example of how she could be a peerless critic even when you disagreed with her), and her kind comments about “Exorcist II” fit a pattern of hers where she would pan a film that became incredibly popular, then go on to embrace the far inferior sequel, almost as if it was her way of getting back in the loop. (She did this with “Exorcist II,” “Ghostbusters II,” and “Indiana Jones and the Temple of Doom.”)

    More to the point, in Kael’s comments on “Exorcist II,” you can hear the early stirrings of what would become Movie Disaster Rehabilitation Culture, which is now an industry among hipster cinephiles. Thus, the arid and didactic “Heaven’s Gate” has been elevated to the status of masterpiece. “Eyes Wide Shut,” which should have been about pedophilia (not aging swingers in masks), is now top-drawer Kubrick. And “Exorcist II” is a wacked but misunderstood grand folly. I passionately disagree with all three of those reassessments, and I think they’re all rooted in a certain impulse toward viewing movies in a postmodern way — as endlessly malleable texts rather than as stories that require an emotional logic and coherence that none of those films have. Wait long enough and even the worst movie, if it possesses the proper shoot-the-works ambition, can be “reframed.”

    “Boorman and the Devil” honors John Boorman’s ambition, but it also cuts him slack, notably when he’s saying things like, “In my experience, successful movies have one thing in common, and that’s luck.” What a load! What successful movies have in common — along with luck — is artists who know what they’re doing, and are rooted in the real world, and are working at the top of their game.

    That said, the making of “Exorcist II: The Heretic” was beset by a litany of bad decisions and bad luck, which piled up sky-high. Boorman got seriously ill with valley fever (from inhaling the imported dirt on set), and after he was hospitalized the production shut down for five weeks. The budget ballooned from $10 million to $15 million, making it the most expensive movie Warner Bros. had ever produced. Boorman and Rospo Pallenberg kept rewriting the script (because no one really knew what the movie was about), and Richard Burton was too dour and old and hungover. There was even an air of mishap surrounding the one sequence in the movie that’s truly effective — the dreamy moment where Regan balances on the edge of a rooftop with no railing. Boorman now acknowledges that the way they shot that scene (on the roof of the Warner Bros. building in New York), something could have gone very wrong.

    The story of the film’s first sneak preview, at a theater in Pasadena, with the Warner Bros. executives sitting nervously in the back of the theater, is a hilarious parable of the chickens coming home to roost. The audience sat there, dumbfounded at first, and then you started to hear the giggles; midway through, a man stood up and threatened the people who made the film, at which point they escaped. “Exorcist II” had been booked into 700 theaters for 12 weeks (a nearly unprecedented wide release at the time), but the attendance declined by 50 percent in the second weekend. The word had gotten out. All the recutting in the world couldn’t save it. “Boorman and the Devil,” in its amused way, does try to save “Exorcist II: The Heretic” by treating it as an insane work of artistic daring. But I’m sorry, that’s just a pile of Pazuzu.