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  • Blind mystic Baba Vanga’s 2026 predictions resurface as ‘two come true’

    Blind mystic Baba Vanga’s 2026 predictions resurface as ‘two come true’

    Baba vanga
    Buckle up for a chaotic remainder of the year (Picture: Wikipedia)

    Legendary psychic Baba Vanga — known for supposedly predicting 9/11, the death of Princess Diana and the COVID pandemic, to name a few — has posthumously found herself in the spotlight once more.

    Followers of the blind Bulgarian mystic, who died in 1996 aged 84, have claimed that two of her five prophecies for 2026 have already come true, leaving the remaining predictions to play out in the next few months.

    They’re not predictions of world peace or us all winning the lottery, either. Instead, some are actually pretty bleak.

    The first new prediction is perhaps the wildest: Baba Vanga is said to have claimed that a massive spacecraft will visit Earth this year.

    Scary gray alien stands and looks blinking on a dark smoky background. UFO futuristic concept. 3D rendering.
    We could soon be sharing our planet with aliens (Picture: Getty Images/iStockphoto)

    Reportedly set for November, she alleged that it will enter the atmosphere and mark humanity’s first official contact with an extraterrestrial civilisation.

    However, the mystic was unclear about whether the visitors come in peace or as a threat. Hopefully, it’s the former. We’d have no qualms about E.T making an appearance on Earth.

    Unfortunately — and due to the state of world affairs right now — the second is a little easier to believe.

    Alongside meeting aliens, Baba Vanga also predicted that 2026 would be the year World War III breaks out.

    Petrich, Bulgaria - September, 29, 2021: a monument to the Bulgarian soothsayer Vanga in the courtyard of her house-museum
    Baba Vanga is said to have predicted everything from COVID to the 2004 Indian Ocean tsunami (Picture: Getty Images)

    Interpretations of the prophecy say China would attempt to seize Taiwan.

    Meanwhile, it’s claimed that tensions between Russia and the US would escalate into direct conflict.

    There’s also the current war between Russia and Ukraine to take into consideration, which has already caused instability across multiple regions.

    Finally, the third prophecy suggests that Russian President Vladimir Putin will lose power and be replaced by a new leader, all before 2027 starts.

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    For almost 20 years, Putin has ruled Russian politics. The 73-year-old is also set to stay in office until 2036, after he signed a law which allowed him to extend his rule.

    That is, unless the prophecy is correct.

    In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin meets with the Russian Defence Ministry leadership in Moscow on August 5, 2026. (Photo by Alexander KAZAKOV / POOL / AFP via Getty Images)
    Putin’s future is reportedly uncertain too (Picture: POOL/AFP via Getty Images)

    Speculation about Putin’s future — both political and health-wise — has circulated for years. There have been many conspiracy theories surrounding the leader, from him using body doubles to claims that he had died.

    Recently, rumours of him being in poor health escalated after the Kremlin accidentally released footage of him in the middle of a coughing fit.

    While this all sounds awful, let us be clear: Baba Vanga left no written records of her predictions.

    Rather, her prophecies have been interpreted by relatives and followers in the decades since her death.

    Therefore, there’s no actual (reliable) evidence that she predicted every prophecy credited to her.

    ALMERIA, SPAIN - JULY 10: Flames and smoke rise from a wildfire near the municipality of El Pocico on July 10, 2026 in Almeria, Spain. Emergency crews continue to battle the wildfire in Spain's southern province of Almer??a that has killed at least 11 people, with 19 to 23 others still reported missing. (Photo by Pablo Blazquez Dominguez/Getty Images)
    Wildfires have ripped through Europe this summer (Picture: Getty Images)

    Still, followers claim that two of her five major forecasts for this year and last have already come true.

    This includes a vague prediction of a string of global natural disasters.

    In this instance, Baba Vanga’s followers have linked the 7.7 magnitude earthquake that struck Myanmar in March. The disaster caused thousands of deaths and severe destruction in the area.

    There’s also the recent European wildfires that have devastated parts of Spain, Portugal, Greece and Italy.

    The second focuses on the rise of artificial intelligence in the workplace, and the idea that robots will eventually replace humans.

    Baba Vanga reportedly gained her psychic powers after a freak tornado in her home country of Bulgaria swept her up into the air at 12-years-old.

    Sand and dust were forced into her eyes, and as a result she went blind.

    However, she and her followers also claimed that the blindness allowed her ‘open her mind’, which led to her developing her mystic powers.

  • U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings

    U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings

    “We view this as the first of several rulemakings the SEC will undertake to provide regulatory certainty for crypto assets after the Senate failed before the August recess to advance the Clarity Act on crypto market structure,” TD Cowen analyst Jaret Seiberg wrote in a client note sent after the SEC’s notice.

    The proposal is expected to give a path to crypto firms enabling them to raise capital for projects without triggering SEC registration requirements, and the businesses are also expected to be provided an exit path for getting clear of the agency’s jurisdiction when they’re not engaged in hands-on management of the projects anymore.

    Before this, Atkins and the agency had rolled through a lengthy series of crypto policy statements meant to clarify its regulatory position on digital assets, but the staff statements have little long-term durability. A formal rulemaking would be more difficult to reverse in the future.

    But the rule will likely take further months to develop and finalize. This first stage will come with a comment period — typically two or three months — and be followed by a potentially lengthy rewrite.

    Reg Crypto would join some of the other significant steps the agency has taken or is still working on to foster the U.S. crypto industry. One of the major moves was a joint stance with the Commodity Futures Trading Commission on a “taxonomy” to define how they view various crypto assets and which jurisdictions they belong in. The agency is also still working on its tokenized securities approach, which Atkins routinely mentions as one of the SEC’s marquee crypto maneuvers.

  • Astronaut’s image of ‘super typhoon’ from 250 miles above Earth shows just how terrifying it is

    Astronaut’s image of ‘super typhoon’ from 250 miles above Earth shows just how terrifying it is

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    A jaw-dropping photo taken with an iPhone 250 miles above Earth has captured the incredible sight of a super typhoon over the Pacific Ocean.

    The image was taken by Nasa astronaut Anil Menon while aboard the International Space Station (ISS), offering a stunning bird’s-eye view of the colossal storm system churning across the ocean below.

    The picture, which was taken on August 2, reveals a tightly wound spiral of towering cloud bands wrapped around a clearly defined eye as the cyclone made its way across the western Pacific.

    While the dramatic photo looked like it had been photographed using specialist camera equipment, it was actually taken on an iPhone – a capability made possible after Nasa recently began allowing astronauts to carry personal smartphones on missions.

    Sharing the image, Menon wrote: ‘The Pacific Ocean this morning from the cupola with an iPhone.’

    The super typhoon as seen from space – and it’s breathtaking (Picture: Anil Menon/Cover Images)

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    Viewed from orbit, the immense scale of the weather system becomes clear, with the storm dominating hundreds of miles of open ocean in a single frame.

    He didn’t identify the storm by name, but Menon’s image is believed to have captured Super Typhoon Dolphin, which rapidly strengthened over exceptionally warm waters before moving towards Japan earlier this week.

    A tree falls into a river in the aftermath of Typhoon Dolphin in Wenzhou in eastern China's Zhejiang province, Monday, Aug. 10, 2026. (Chinatopix Via AP)
    A tree submerged in a river after Typhoon Dolphin hit China’s Zhejiang province (Picture: AP)

    China has evacuated more than 1,000,000 from their homes after the typhoon brought heavy rain and strong winds, triggering a red alert.

    Winds hit 94mph when it hit the Zhejiang province on Sunday.

    The photograph was taken from the ISS’s Cupola – a seven-window observation module widely regarded as offering astronauts the best views of Earth.

  • Solana (SOL) Shows 3 Bullish Signals: $100 Target Is Back in Sight

    Solana (SOL) Shows 3 Bullish Signals: $100 Target Is Back in Sight

    Solana is currently trading above $76, following a recovery of more than 6% over the past week, along with the rest of the top crypto market.

    With several bullish signals now aligning, one analyst believes $SOL could be headed toward a level not seen since February 2026 if the current setup confirms a breakout.

    Constructive Picture

    According to Ali Martinez, Solana appears to be trading within a parallel channel, and $78 has emerged as an important level. A break above the mid-range near this level could push $SOL toward the channel’s upper boundary around $100.

    The analyst also identified a buy signal from the TD Sequential on the crypto asset’s daily chart. The setup typically anticipates a 1-4 candle upswing or the start of a new “bullish countdown.” The resistance trendline at $78.7 is near the mid-range, which makes it a crucial level for confirmation.

    At the same time, the MACD has printed a golden cross, adding another sign that $SOL may be approaching an upside breakout. If these signals are confirmed, Martinez says that the altcoin could be on its way to $100.

    Trader Pepesso previously said that $SOL had one of the cleanest setups in crypto. At the time, he pointed to the $45-$60 range as the area to watch, while explaining that the same zone had triggered the asset’s 2023-2024 bull run. A move back into that range would still fit the accumulation view, as long as $45 held on a retest. A decisive break below it would invalidate the setup.

    On the upside, Pepesso identified $100 as the first major confirmation point. If $SOL reclaimed that level, the $150-$200 range would come into focus, followed by a potential move toward the previous cycle high.

    You may also like:

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    Big Moves

    Away from the price chart, the blockchain had a busy week on the network side. For example, BlackRock also brought another investment product to Solana with the launch of BRSRV, a money market fund designed to support stablecoin reserves.

    Meanwhile, Western Union’s launch of Stablecard also added another real-world use case for the blockchain. The digital wallet and Visa-secured credit card use USDPT, a US dollar-backed stablecoin issued by Anchorage Digital Bank on Solana.

    Take-Two Interactive also brought tokenized TTWO shares to the network through Backpack Securities, with each token backed 1:1 by the underlying stock.

    Additionally, Solana processed a record 1.01 billion non-vote transactions in a single week. Tokenized equities also recorded around $1.45 billion in volume in July, giving the network about 82% of the global market share.

  • Where did all the money go if the US is running out of weapons?

    Where did all the money go if the US is running out of weapons?

    The war on Iran is exposing shortages in US weapons stockpiles, raising questions about years of defence spending. As a former Pentagon official points out, after less than five months of fighting the US is already running out of ammunition against a ‘middle-tier country’.

  • Pippa Harris and James Wilson to Headline London Film Festival Industry Forum

    Pippa Harris and James Wilson to Headline London Film Festival Industry Forum

    The BFI London Film Festival has announced that two of the U.K.’s most acclaimed producers will lead the industry program at its upcoming 70th edition.

    Pippa Harris, who produced “Hamnet,” “1917” and is currently working on “The Beatles” biopics, and James Wilson, who produced “The Zone of Interest,” “The Voice of Hind Rajab” and “Under the Skin,” are set to take part in their own spotlight conversations as part of the LFF’s industry forum.

    Harris and Wilson will, according to the festival, discuss their careers, current projects and navigating the international film and TV market in a rapidly changing landscape. 

    “This year our industry programme puts a spotlight on producers and the vital role they play in shepherding artistic visions from their earliest stages through to the screen,” said BFI London Film Festival director Kristy Matheson. “I’m delighted that industry colleagues will have the opportunity to hear from Pippa Harris and James Wilson – two esteemed producers whose unique creative careers have given us some of the most memorable and critically acclaimed films of recent years.” 

    Harris is best-known for her longstanding partnership with Sam Mendes, with whom she co-founded Neal Street Productions. Alongside Oscar and BAFTA winners “Hamnet” and “1917,” her film credits including “Revolutionary Road,” “Jarhead” and recent family feature “The Magic Faraway Tree,” while on TV her productions include “Call the Midwife,” “Penny Dreadful” and “Britannia.”

    Wilson, meanwhile, has an ongoing collaboration with director Jonathan Glazer, with whom he’s worked on both the Oscar and BAFTA-winning “The Zone of Interest” and “Under the Skin.” Last year, he produced Kaouther Ben Hania’s Oscar-nominated “The Voice of Hind Rajab,” while his other credits include Lynne Ramsay’s “You Were Never Really Here,” Aneil Karia’s “Hamlet” and “20,000 Days on Earth,” directed by Iain Forsyth and Jane Pollard.

    The full LFF industry forum programme will be announced mid- September. The festival runs Oct 7-18.

  • Beatles Films Producer Pippa Harris, ‘The Zone of Interest’s James Wilson to Headline London Film Festival Industry Forum

    Beatles Films Producer Pippa Harris, ‘The Zone of Interest’s James Wilson to Headline London Film Festival Industry Forum

    Two of the U.K.’s most successful producers will have individual Spotlight Conversations at the 70th BFI London Film Festival‘s Industry Forum this October.

    Neal Street Productions co-founder Pippa Harris (The Beatles, Hamnet, 1917) and indie producer James Wilson (The Zone of Interest, The Voice of Hind Rajab) are set to discuss their careers, current projects and navigating the international film and TV market in a rapidly changing landscape.

    The LFF Industry Forum welcomes industry delegates from all over the world for a program of “thought-provoking conversations with some of the most exciting practitioners working in the screen industries and networking events with professionals from all over the world.” The full lineup will be announced in mid-September.

    Harris will take a deep dive into her work on the hugely ambitious and much-anticipated quartet The Beatles films, directed by her Neal Street co-founder Sam Mendes, and discuss the challenges of development, production and her relationship with talent across her career. A prolific British film producer, her credits include the Oscar, Golden Golden Globe and BAFTA-winning Hamnet and 1917, Oscar and BAFTA-nominated Revolutionary Road, as well as Jarhead and The Magic Faraway Tree, Call the Midwife, Penny Dreadful and more.

    Wilson is one of the U.K.’s most successful independent producers. He has worked for three decades in the business — for Fox Searchlight Pictures and Film4 before heading up his own company in the 2000s — and will speak during his Spotlight Conversation about the bold creative collaborations that have shaped his career so far. He has worked on the Oscar and BAFTA-winning The Zone of Interest and Under the Skin from Jonathan Glazer, as well as Lynne Ramsay’s You Were Never Really Here, Kaouther Ben Hania’s The Voice of Hind Rajab and Aneil Karaia’s Hamlet.

    “This year our industry programme puts a spotlight on producers and the vital role they play in shepherding artistic visions from their earliest stages through to the screen,” said Kristy Matheson, BFI London Film Festival Director. “I’m delighted that industry colleagues will have the opportunity to hear from Pippa Harris and James Wilson — two esteemed producers whose unique creative careers have given us some of the most memorable and critically acclaimed films of recent years.”

    Attendance of international industry professional delegates to the LFF has doubled over the last five years. The 70th BFI London Film Festival, running Oct. 7-18, is set to open with Andrew Scott and Olivia Colman’s Elsinore, and close with Jesse Eisenberg’s musical-comedy The Debut.

  • How Norway’s Øyafestivalen Became One of Europe’s Best Music Fests: Balancing Huge Headliners With Homegrown Artists, Prioritizing Gender Parity and More

    How Norway’s Øyafestivalen Became One of Europe’s Best Music Fests: Balancing Huge Headliners With Homegrown Artists, Prioritizing Gender Parity and More

    In a year without Glastonbury, music lovers have turned to other festivals in the U.K. and Europe to fill the void. There’s Primavera Sound in Barcelona, with its proximity to the beach and genre-diverse lineup, or Reading and Leeds in England for those who want a true camping experience with a rock-focused flair. But look a little further north and you’ll find a hidden gem that’s capturing the attention of both festivalgoers and artists around the world: Øyafestivalen in Oslo, Norway.

    Compared to a juggernaut festival like Glasto — known for its sprawling grounds, mandatory camping and rowdy atmosphere — Øya, which kicks off on Wednesday, delivers a more intimate experience. The capacity is about 10 times less (with 22,000 people expected to attend each day this year), it’s held in Tøyen Park in the middle of Oslo and there’s a certain Scandinavian politeness that seems to keep people from getting completely off their faces. But over the past decade or so, Øya has consistently delivered huge headliners and some of the best, most varied lineup curation on the festival scene, booking everyone from Blur to Kendrick Lamar to Charli xcx.

    This year’s four-day lineup is headlined by the Cure, Nick Cave and the Bad Seeds, Sombr and homegrown artist Dagny, but also includes Geese, Wilco, Lily Allen, Clipse, Blood Orange and Tomora (the collaboration between Chemical Brothers’ Tom Rowlands and Norwegian singer Aurora). There’s truly something for everyone, and its relatively small capacity, lack of huge crowds and overall peaceful vibe make it possible to actually see the artist you’re watching.

    “Everybody can book a big headliner and put on a big show, but it’s the details and taking care of everything — being really nerdy on where you put the toilets and the bars and the sound bleed between the stages — all these things are very important,” says Claes Olsen, who co-founded the festival in 1999 and serves as its booking manager. “That’s what makes it unique.”

    It’s such an enjoyable experience for artists and attendees alike that many of them — like the Cure, Nick Cave, Wilco and Blood Orange this year — are repeat bookings. As its profile has grown worldwide, Olsen says artist requests to play the festival have increased as well. Nowadays, Øya books its lineup up to 17 months in advance.

    “We’re getting tons [of requests] every day,” Olsen says. “So as a booker, one of the most important jobs we actually do is to say no to people, which is not that fun. It’s hard. But of course, we also have to reach out a lot.”

    Something Olsen is particularly proud of is that the Cure — who previously headlined the fest in 2019 — asked to come back before the band plans to retire in 2029. “We got an email from the agent for the Cure saying that Robert Smith wanted to play Øya before they stopped being the Cure,” he says. “I’ve been a fan since I was a teenager, so that was pretty amazing.”

    Robert Smith from the Cure at Øya Fest in 2019.

    Redferns

    But it’s not just about attracting acts from the U.K. and U.S. for Øya — the festival puts a huge emphasis on local Norwegian artists, mixing them in throughout each day so it’s “not just them playing first and hoping somebody shows up,” Olsen says. And, the headlining spot on Saturday, the final day of the festival, always goes to a homegrown artist. This year, it’s dance-pop singer Dagny (pictured above), who hails from the city of Tromsø and broke through with hits like “Somebody” and “Drink About.”

    For Dagny, headlining Øya has always been a dream, ever since she first played on a small stage at the festival a decade ago. “It’s kind of my Madison Square Garden, if you know what I mean,” she says. “Øya is one of those festivals where I feel like people are so open to music and to just being present, right there and then in the crowd. It’s really one of my favorites.”

    She just released her third album, “Dancefloor Erotica,” which leans more into electro-pop and marks a real creative milestone in her career. “I feel weirdly out of my comfort zone, but at the same time I feel like I’m where I want to be,” Dagny says. “We have such a different energy now playing this record — it’s a bit darker, it’s a bit heavier, a bit more danceable.”

    Another priority for Øya is gender parity, with the festival committing to a roughly even split between male and female performers. This year, Saturday’s main stage lineup is only women, headlined by Dagny but also including Lily Allen, Irish breakout CMAT and U.S. singer Hannah Cohen.

    “Øya is real proof that [gender parity] doesn’t have to be a problem because they’re probably the biggest Norwegian festival and they always seem to get a pretty even balance,” Dagny says. “Not only am I the headliner on that stage with lots of female artists that day, but I think I’m also something like the fifth or sixth female artist to headline that slot in the last few years.”

    This was of the utmost importance to U.K.-based feminist band Girl Group — four out of five members of which hail from Oslo — who are playing Øya for the first time. Having formed at the Liverpool Institute for the Performing Arts in response to the male-dominated culture they experienced, Girl Group only works with women and nonbinary people, from the music-making process down to their videos and photography.

    “They care a lot about the environment and feminism, and they try to make active choices for society, not just the festival itself,” Girl Group’s Mia Halvorsen says of Øya. “For us, being on a lineup with all the women we really value feels very special and meaningful. And obviously, our project is very political and very feminist, so it feels good to be seeing a bit more of that in festivals.”

    Girl Group

    Serskaten

    In addition to its gender split pledge, Øya is a leader in festival sustainability, prioritizing waste management, stopping the use of fuel generators in 2008, and only serving meat-free food since 2024. Last year, the fest added human rights to this initiative, and is once again partnering with Amnesty International to fundraise for medical aid in Palestine.

    “Working with Amnesty has helped us a lot to educate ourselves on the whole human rights situation, not only in Palestine but other places in the world as well,” Olsen says. “That work is super important going forward.”

    As Øya has grown on the global stage, Norway as a whole has been experiencing a bit of a cultural moment. From Joachim Trier’s “Sentimental Value” bringing the country its first international feature Oscar earlier this year to their football team making it to the World Cup semi-finals, Norway’s profile is rapidly rising.

    “It’s good to see Norwegian people charming the world a bit,” Olsen says. “It’s been really hard groundwork for the last 10 years, so I hope that continues.”

    Dagny has not only observed an uptick in Norwegian artists being recognized internationally, but also on a local scale. “Music in the mother tongue has completely gone up,” she says. “I think after COVID, it’s pretty much just been Norwegian music that has been happening in Norway, with a few exceptions. Seeing how many Norwegian artists are doing so great, it’s helping to raise everyone’s bar of where we’re going to be at.”

    Having lived in the U.K. for nearly a decade before moving back to Oslo before the pandemic, Dagny also believes that Norway’s environment contributes to her creative output. “Norway is thankfully a small and peaceful place, and sometimes what you need to be creative is time and space and quiet,” she says. “I think there is maybe something to the fact that I didn’t write an album until I moved back to Norway.”

    Girl Group, who are currently based in Liverpool, have come to a similar realization — though for them, the artistic freedom they feel in Norway can be traced back to the way the country is run.

    “We are a socialist country, we pay taxes, we have good education,” says Girl Group’s Katya Birkeland. “When you have good education, you get good directors, people who get to do acting, people who get to spend their time practicing football — you get people who get to do what they love.”

    Adds member Maria Tollisen, “I think you need to be privileged and have a bit of financial safety and stability in order to be able to do art.”

    Beyond just spotlighting homegrown acts, Øya also serves as a bit of a reunion for the local scene. “If you’re in a certain music scene in Oslo, it’s almost impossible to not have met a lot of [the acts],” Dagny says, mentioning that she’s looking forward to catching up-and-coming artist Ary and Tomora at the festival.

    Girl Group also mentions Ary as a must-see artist, as well as the band Three40Four and singer-songwriters Elia and Ea Othilde. “One of my childhood best friends is a dancer for [Ary] now and I’ve not seen her for ages,” Birkeland says. “I can’t wait!”

  • Can FIFA Boss Infantino Survive?

    Can FIFA Boss Infantino Survive?

    FIFA president Gianni Infantino appears to have snatched defeat from the jaws of victory.

    A month after the final of 2026 World Cup, which earned FIFA a record $15 billion in revenues, Infantino is fighting to keep his job. His controversial plan to sell off a stake in the World Cup to a group of private investors led by Joshua Kushner, the brother of President Trump’s son-in-law Jared Kushner, sparked a global backlash that shows no signs of abetting. The past week, soccer legends, sports authorities and even world leaders have called for Infantino to resign.

    “Infantino must go,” wrote Portuguese soccer legend Luis Figo in an op-ed for the Daily Mail. “The Infantino era is over,” added Javier Tebas, president of Italy’s La Liga, an interview with French newspaper Le Monde. “It should be fatal,” said Canadian Prime Minister Mark Carney, on Infantino’s misstep with the sell-off plans. “Certainly I don’t have confidence in Mr. Infantino.”

    The pile on has continued despite Infantino dropping his plan, officially ditching the proposal on July 31. The deal would have seen FIFA, a 96-year-old nonprofit, spin off its commercial interests into a new division, FIFA Forward Enterprise (FFE). Kushner’s private equity group Thrive Capital would then buy a 21 percent stake in FFE for $4.2 billion. FIFA had argued the arrangement would raise billions to fund global sports development.

    European soccer body UEFA called it an attempt to sell “the soul” of soccer and threatened to boycott future FIFA tournaments if the deal went through. The Asian Football Confederation and CONCACAF, which represents national organizations in North America, Central America and the Caribbean. also rejected the proposal.

    FIFA quickly backed down. UEFA has not. Last week it said its boycott is still in place. The group reiterated its position that it has “lost confidence in Gianni Infantino’s presidency.” UEFA’s boycott will be tested at FIFA’s Under-20 Women’s World Cup, which kicks off in Poland Sept. 5.

    On Friday, Norwegian soccer association directly called for Infantino to resign. “The trust is now gone for us,” Norwegian Football Federation president, Lise Klaveness, told The Guardian. “There is no way back for Infantino.”

    Adding to the pile on was a report on Friday that a female employee alleged to have been in a relationship with Infantino when he was general secretary at UEFA, received a six-figure “departure payment.” UEFA confirmed the payment but FIFA said the allegations of inappropriate conduct by Infantino are “categorically untrue” and “defamatory,” adding that “no employee at UEFA and FIFA has ever raised a complaint regarding Mr Infantino’s behavior because there never was an incident where he was involved.”

    FIFA on Saturday fired back at Infantino’s critics, accusing them of trying, “through allegation, insinuation or misinformation” to undermine “FIFA’s established democratic processes” by trying to oust Infantino before presidential elections next March.

    UEFA is reportedly seeking support from other soccer confederations to call an emergency FIFA Congress to trigger a vote of no confidence in the president. UEFA, with 55 members, easily meets the threshold of 43 votes to call an emergency meeting. To topple Infantino, however, would require a majority of FIFA members, or 106 of the 211 national associations. The Confederation of African Football and South American confederation CONMEBOL have both publicly announced their backing for Infantino. Last week, Mexico broke with North American confederation CONCACAF to support FIFA’s beleaguered president.

    The pressure is mounting on Gianni Infantino, but there is still time on the clock for him to turn this defeat back into a win.

  • Shibarium Transactions Surge 507% as Shiba Inu Layer-2 Network Hits One-Month High

    Shibarium Transactions Surge 507% as Shiba Inu Layer-2 Network Hits One-Month High

    Shibarium, the Layer-2 blockchain associated with Shiba Inu, has recorded a sharp rebound in daily transaction activity, with the network processing its highest number of transactions in a month.

    According to data from Shibariumscan, the Shiba Inu L2 blockchain processed 4,480 transactions on August 9, marking a one-month high. The figure represents a dramatic recovery from the 738 transactions recorded on August 8. As a result, Shibarium’s daily transaction count jumped 507% within 24 hours.

    The latest increase interrupts a prolonged decline in network activity. For context, Shibarium processed 5,170 transactions on July 10. However, daily activity gradually weakened afterward, eventually falling below 1,000 transactions for several consecutive days by August 2.

    Therefore, the sharp increase recorded on August 9 represents a notable shift in network activity. Nevertheless, it remains unclear whether Shibarium can maintain this momentum over the coming days.

    Shibarium’s Impressive Long-Term Stats

    Meanwhile, Shibarium continues to post impressive long-term network statistics despite its recent weakness in daily activity.

    Data from Shibariumscan shows that the Layer-2 network has now processed 1.56 billion transactions since launching in August 2023. In addition, the blockchain has recorded roughly 269.93 million addresses, highlighting the scale of its cumulative network usage.

    Shibarium has also produced more than 18.47 million blocks, while its average block time currently stands at approximately 8.3 seconds.

    Shibarium Transaction Volume Spikes

    Shibarium DEX Activity Remains Extremely Weak

    Despite the latest surge, Shibarium has yet to see a corresponding increase in decentralized finance activity.

    At press time, decentralized exchanges on Shibarium had processed just $0.02 in trading volume over the previous 24 hours. This extremely low figure suggests that the increase in transaction activity has not yet translated into meaningful trading activity.

    Similarly, Shibarium’s total value locked (TVL) stood at $25,273, while the network generated only $0.14 in fees and $0.14 in revenue during the same period.

    Consequently, the latest transaction spike should not yet be interpreted as a broad recovery in Shibarium’s overall on-chain economic activity.

    Shibarium TVL

    Shiba Inu Burn Rate Declines 55%

    Meanwhile, Shiba Inu’s token-burning activity has also weakened.

    The $SHIB burn rate declined by 55% over the past 24 hours. During that period, the community permanently removed 4.72 million $SHIB tokens, worth around $22, from circulation.

    The sharp slowdown contrasts with periods of elevated burn activity in recent weeks. However, the latest burn figure remains relatively small compared with the broader $SHIB supply.

    $SHIB Slips to 29th in Crypto Rankings

    The latest Shibarium developments come as $SHIB struggles to maintain its position among the largest cryptocurrencies by market capitalization.

    After climbing to 25th place toward the end of July, Shiba Inu has since slipped to 29th. At press time, $SHIB had a market cap of $2.76 billion and traded at around $0.000004692.

    Nevertheless, the token recorded a modest short-term recovery, gaining 1.28% over the previous 24 hours. Despite that increase, $SHIB remained down approximately 2.7% over the past seven days.