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  • ‘Mr. Burton’ Review: Harry Lawtey Plays Richard Burton in a Poignant Drama About the Actor and His Adoptive Father

    ‘Mr. Burton’ Review: Harry Lawtey Plays Richard Burton in a Poignant Drama About the Actor and His Adoptive Father

    Seven-time Oscar nominee Richard Burton continues to have an intriguing afterlife, four decades following his death. At this year’s BAFTA awards, a movie about his early life, Mr. Burton, earned a nomination for best British Film. Mr. Burton, directed by Marc Evans, was also one of the audience favorite films at January’s Palm Springs International Film Festival. It opens in theaters this week and, aided by a strong cast, should appeal even to audiences who have fuzzy recollections of the once notorious actor.

    The film begins with a quotation from Elizabeth Taylor (who married Burton twice after a scandalous, heavily publicized affair that began during the shooting of Cleopatra in 1962). In it, Taylor states that Richard never would have found fame and fortune without the efforts of his adoptive father, Philip Burton (superbly played by Toby Jones in the film). Richard (Harry Lawtey of Industry) was actually born Richard Jenkins, the son of a Welsh miner who abandoned the family after the death of Richard’s mother. Richard was then raised by his older sister and her husband, but his talent was spotted by his teacher, Philip Burton, who recognized the young man’s appreciation of literature and drama.

    Mr. Burton

    The Bottom Line

    An incisive origin story.

    Release date: Friday, March 20


    2 hours 4 minutes

    Philip Burton was himself an aspiring writer who penned some dramas for the BBC and had a number of contacts in the theater. But the film suggests that he felt disappointed by his progress and may have compensated in part by playing a mentorship role to Richard. Whether he also felt a physical attraction to young Richard is treated subtly and never definitively answered in the film.

    Opening scenes contrast the comfortable but modest living conditions of Philip, who resides in a boarding house owned and overseen by a sympathetic landlady (trenchantly played by Lesley Manville), and the tension in Richard’s household. His brother-in-law demands that Richard drop out of school to contribute to the family finances; the boy resists following his father into the mines but gets a job at a clothing store instead.

    Eventually Burton comes up with the idea that Richard can move into the boarding house and return to school, but this may require Burton adopting Richard as his son. Richard is comfortable with this arrangement, and Philip suggests that Richard may have an opportunity for a fellowship to study acting at Oxford. But when Richard’s father and fellow students suggest that Philip may have something more than a paternal interest in the handsome young aspiring actor, Richard flees in terror.

    It is to the film’s credit that it refuses to come to any definitive conclusion about Philip’s interest in Richard. There was never anything overtly untoward about their close bond, and until the end of his life, Richard continued to express gratitude for Philip Burton’s mentorship. Yet it may be significant that we never see any hint of Philip’s romantic or sexual interest in women. Richard did leave Burton’s household for several years, but when he had his breakthrough role in Stratford in 1951, portraying Prince Hal in Shakespeare’s Henry IV plays, Philip returned and (at least in this telling) helped Richard to a triumphant opening night.

    Richard Burton quickly moved on from there. He earned his first Oscar nomination in 1952 for My Cousin Rachel, and in 1954, he starred in the first Cinemascope epic, The Robe. (Other memorable roles included Becket and Who’s Afraid of Virginia Woolf?, his finest collaboration with Taylor.) Burton also continued acting in theater, and the 1964 production of Hamlet, in which he starred under the direction of John Gielgud, remains perhaps the most phenomenally successful production of the play in modern theatrical history.

    Since unknown backstories behind startling successes always compel, Mr. Burton has a lot going for it. Lawtey doesn’t quite match Burton’s thrilling vocal delivery (who could?), but he convinces us of the young actor’s talent and potential instability. But it is really Jones, in one of the finest performances of his long career, who holds our attention throughout the movie. The subject of mentorship is not treated frequently onscreen, but Mr. Burton may be remembered as one of the definitive explorations of the theme. All the technical credits help to ground the film — cinematography by Stuart Biddlecombe is especially striking — but it is the performances that truly mesmerize.

  • Luka Doncic scores 60 points as Lakers rally to defeat Heat in NBA

    Luka Doncic scores 60 points as Lakers rally to defeat Heat in NBA

    The NBA’s leading scorer recorded the second 60-point game of his career as the Lakers take down the Heat in Miami.

    Luka Doncic scored 60 points – the most ‌ever recorded against the Heat – as the Los Angeles Lakers won their eighth straight game, defeating ⁠the Miami Heat 134-126 ⁠away on Thursday night.

    James Harden had the previous record against Miami with 58 points. He reached that mark while a member of the Houston Rockets on February 28, ⁠2019.

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    The Lakers (45-25) also got a triple-double from LeBron James, who had 19 points, 15 rebounds and 10 assists. It was just the second triple-double of the season for James, who no ⁠doubt has fond memories of his time in Miami, leading the Heat to four straight NBA Finals (2011-2014) and two NBA titles.

    It is possible that this was the final game in Miami ever for James, 41, who has not yet announced his future playing plans.

    Doncic, who entered the day leading ‌the NBA with a 32.9 scoring average, made 18 of 30 shots from the floor, nine of 17 on three-pointers and 15 of 19 at the free throw line. He also had seven rebounds, five steals and three assists.

    Over the past two nights, Doncic has scored 100 points.

    Bam Adebayo led Miami (38-32) with 28 points and 10 rebounds. He appeared fully healthy after having missed Miami’s previous game due to tightness in his right calf.

    However, the ⁠Heat are just 1-3 since Adebayo scored 83 points against Washington on ⁠March 10, the second-greatest scoring game in NBA history.

    Tyler Herro added 21 points for Miami, and Norman Powell tallied 20.

    The Heat were without two key injured players, Jaime Jaquez Jr (left-hip tightness) and Andrew Wiggins (left big toe). Those ⁠two players combine to average 30.9 points.

    Luka Doncic in action.
    Doncic #77 connects on one of his nine three-pointers against the Miami Heat on March 19, 2026, at Kaseya Center in Miami, Florida, US [Issac Baldizon/Getty Images via AFP]

    Miami led 42-29 at the end of the first quarter, during which the Heat shot 63.0 percent from the ⁠floor and had a 26-12 edge in paint points. ⁠Los Angeles, despite 12 points from Doncic, shot just 40.9 percent.

    Los Angeles hit 12 of 20 shots from the floor in the second quarter and cut its deficit to 65-59 at halftime. Miami shot just 40.9 percent.

    The Lakers took their first lead ‌of the game at 72-71 with 9:05 left in the third as Doncic hit his third straight three-pointer. By the end of the period, the Lakers led, 97-88.

    Doncic scored 19 points in ‌the ‌third. Miami misfired on 10 of 12 attempts from behind the arc in the quarter.

    The Lakers closed out the game without much trouble in the fourth quarter, beating Miami for the third straight time.

  • First Working Quantum Battery Proves Bigger Really Does Mean Faster

    First Working Quantum Battery Proves Bigger Really Does Mean Faster

    In brief

    • Australian scientists built the first working quantum battery prototype.
    • Quantum batteries charge faster as they scale, defying classical limits.
    • The breakthrough could power future quantum computers, but not yet consumer devices.

    Your phone takes an hour to charge. Your EV takes all night. That trade-off—more capacity means more waiting—is so embedded in how batteries work that nobody really questions it anymore. A team of Australian scientists just built something that breaks that rule entirely.

    Researchers at CSIRO, Australia’s national science agency, together with teams from RMIT University and the University of Melbourne, have unveiled the world’s first working quantum battery prototype.

    This is an actual physical device that charges, stores energy, and discharges it—using the rules of quantum physics instead of chemistry. Their findings were published Wednesday in Nature Light: Science & Applications.

    The prototype is a tiny, layered wafer of organic materials like a nanoscopic sandwich that gets charged wirelessly by a laser pulse. That pulse lasts femtoseconds. One femtosecond is a quadrillionth of a second. The device charges in that window, then holds its energy for nanoseconds—about six orders of magnitude longer than it took to fill up.

    That gap sounds unimpressive until you scale it. “If we can charge a battery in one minute, it would stay charged for a couple of years,” lead researcher James Quach explained. The physics already work. The challenge now is extending how long the stored energy can last in a real-world device.

    The genuinely strange part isn’t the speed but the scaling behavior.

    Conventional batteries get slower to charge as they grow. More capacity means more time, but quantum batteries do the opposite. The more molecules packed into the device, the faster each one charges—because at the quantum level, they don’t act individually. They behave collectively, sharing the incoming energy in a single coordinated burst the researchers call “superabsorption.”

    Technically speaking researchers say that the charging time drops as 1/√N, where N is the number of molecules. Double the battery, cut the charging time by nearly half, and so on.

    “Our findings confirm a fundamental quantum effect that’s completely counterintuitive: quantum batteries charge faster as they get larger,” Quach told Melbourne University. “Today’s batteries don’t function like that.”

    This property had been predicted mathematically since 2013, and a partial version was demonstrated in 2022. What’s new here is the complete cycle: The team figured out how to pull the stored energy back out as an electrical current, which no previous quantum battery experiment had managed. The device also runs at room temperature—a practical advantage over competing superconducting approaches from China and Spain that require cryogenic cooling.

    The immediate application isn’t your EV or something like that. The prototype’s total capacity is measured in billionths of electron-volts—enough to power nothing in the real world yet. But quantum computers are a different story. Those systems are already advancing faster than most expected, and they have a specific energy problem: Their delicate quantum states demand power delivered coherently, without the noise that conventional electronics introduce. A quantum battery charges and discharges using the same quantum language those processors speak.

    “Quantum batteries could provide energy coherently, with the minimum energy cost to the quantum computers,” Professor Andrew White, who leads the quantum technology lab at the University of Queensland and was not involved in the research, told The News Digital.

    CSIRO is already seeking development partners, including EV manufacturers and deep-tech investors, to push the research forward. The theory had a decade head start on the hardware. The hardware just caught up.

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  • XRP Treasury Firm Evernorth Inches Closer to Public Listing With $685 Million Stash

    XRP Treasury Firm Evernorth Inches Closer to Public Listing With $685 Million Stash

    In brief

    • Evernorth Holdings filed a new S-4 registration statement with the SEC about its intentions to go public.
    • The firm aims to become the biggest XRP treasury firm, and is expected to launch with $685 million in XRP tokens.
    • It originally raised more than $1 billion to build its XRP treasury.

    Evernorth Holdings, a firm with intentions of becoming the largest publicly traded XRP treasury, expects to launch with at least 473 million XRP valued around $685 million, according to its S-4 registration statement filed with the SEC on Wednesday. 

    The firm, which got a sizable XRP contribution from Ripple—the payments firm that’s built around the crypto asset—raised more than $1 billion to accumulate the token. 

    “We believe global finance is entering a new era with digital assets playing a larger role in how capital is held, managed, and deployed,” said Evernorth founder and CEO Asheesh Birla, in a statement. Our focus is on combining public-market discipline with XRP blockchain-based financial infrastructure to help shape a more transparent, efficient, and connected global financial system.” 

    Initially announced in October, the firm’s planned public listing will come via a business combination between Evernorth and Armada Acquisition Corp. II, a special purpose acquisition company (SPAC) that is sponsored by Arrington Capital and trades on the Nasdaq as XRPN. 

    Its XRP holdings, worth around $324 million less than the $1 billion it raised, were acquired via a variety of agreements, the S-4 filing notes.

    The biggest chunk, around 211 million XRP, is being contributed by the sponsor, Arrington Capital, pursuant to an advanced funding subscription agreement. Nearly 127 million XRP is expected to be contributed by Ripple upon the completion of the business combination, while around 84 million further XRP tokens were purchased at an average price of $2.53 using $214 million in advanced funding. 

    The value from its purchased lot has now almost been cut in half, and is valued around $122 million as XRP recently changed hands at $1.45. 

    Nevertheless, the firm notes that it believes the public company will provide “an attractive entry valuation” to investors seeking exposure to XRP. 

    “The SPAC Board believes that [Evernorth] provides an attractive entry valuation (calculated as a multiple to NAV) to XRP,” the filing reads.

    While its filing is still subject to SEC review, and the business completion subject to shareholder approval, the firm intends to actively manage its eventual XRP treasury. 

    Its four key business pillars include accumulating XRP, actively managing the asset, earning yield by using it in decentralized finance (DeFi), and exploring international expansion opportunities with a beginning focus on Japan and South Korea.

    “Our core strategy begins with our efforts to acquire, hold, and actively manage a treasury focused on XRP,” it wrote in the S-4. 

    XRP is down around 0.4% in the last 24 hours, recently sitting 60% off its July all-time high of $3.65. Earlier this week, the token leapfrogged BNB to become the fourth most valuable crypto asset by market cap. 

    A representative for Evernorth did not immediately respond to Decrypt’s request for comment.

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  • Anson Lo on Wanting Roles About Mental Illness, the Rise of Hong Kong Pop and His Global Ambitions: ‘It’s Wonderful to be Me, But Also a Little Bit Challenging as Well’

    Anson Lo on Wanting Roles About Mental Illness, the Rise of Hong Kong Pop and His Global Ambitions: ‘It’s Wonderful to be Me, But Also a Little Bit Challenging as Well’

    Anson Lo is one of Hong Kong’s most recognizable entertainment figures, but he still describes himself as feeling small.

    The singer and actor – best known as a member of boy group Mirror and as a solo force with four consecutive Chill Club Male Singer of the Year gold awards to his name – spoke to Variety on the sidelines of Hong Kong FilMart, and the portrait that emerges is of a performer defined less by his accolades than by the pressure he places on himself.

    “It’s wonderful to be me, but also a little bit challenging as well,” he says, “because I think people expect a lot from me.” That expectation is something he has learned to channel rather than resist. “I tend to put a lot of pressure onto myself. It makes me push more boundaries and feel braver to try more new things as well.”

    That pressure extends to his acting work. Lo recently appeared as himself in “The Season,” the upcoming PCCW Media and SK Global six-part series set for a global premiere in June 2026. The English-language drama – which stars Jessie Mei Li, Chris Pang, Karena Lam, Justin Chien, Yvonne Chapman, Celina Jade, Toby Stephens and Lee Jae-yoon – was one of the marquee titles at this year’s FilMart. Lo describes the experience of working alongside such a seasoned ensemble as a lot of fun, but also nerve-racking. “I had never met the cast members prior to the shooting. Everyone was very experienced, so it made me feel even smaller as an actor and also as a singer,” he says. “But everyone was very nice to me, and everything went well.”

    That self-critical instinct has been a constant across his career. Since making his solo debut in 2020, Lo has accumulated chart-topping songs, a 2021 Best New Asian Artist Award (Mandarin) at the Mnet Asia Music Awards, and sold-out concert runs – most notably four nights in 2023 that drew close to 40,000 attendees. But he is quick to redirect attention away from the numbers. “I don’t think about breaking records all the time,” he says. “I tend to focus on my flaws all the time, and I tend to just become a better artist in a very disciplined way.”

    Lo credits his years inside Mirror as foundational to who he is on stage. “Being part of Mirror has definitely helped me as a performer, because it allows me to have more experience on stage, and I have got to observe my members’ strengths and weaknesses,” he says. “It has shaped me into a better and more experienced performer.”

    The distinction between his work in the group and his solo output is one he takes seriously. As a singer, he says, “I would just be myself, sing however I want, dance however I want – it’s about being my true self.” Acting, by contrast, demands the opposite. “I would just let go of my own identity and fully commit to the role I’m in,” he explains. “It’s about fully becoming another person when I act. So it’s very different.”

    When asked what kinds of acting parts he hopes to pursue, Lo’s answer is pointed. “Roles with traumas and mental illness would be very challenging and interesting for me,” he says, “because I tend to study a lot of the mental illnesses. I feel very interested in those kinds of things, and I think it’s important to raise awareness to mental development, and also the mental illness that we’re in.” He situates the impulse in something local and immediate: “As a Hong Kong person myself, Hong Kong people feel very stressed every single day.”

    His screen credits already span a breadth of tones and genres – from the romantic comedy “Business Proposal” (2023) to the horror feature “It Remains” (2023) and the heist film “We 12” (2024) – and the desire to push further into psychologically demanding territory suggests a deliberate career trajectory rather than opportunistic casting.

    Lo is thoughtful when asked about the broader revival of interest in Hong Kong pop culture. Rather than pointing to any single catalyst, he attributes it to diversification within the industry. “More and more options have been played out,” he says. “Much more different variations of different genres of singers have debuted throughout these years, and I think it is easier for Hong Kong people to have their pick.” He acknowledges the competitive landscape directly – noting that Hong Kong audiences have long gravitated toward K-pop and American pop – and frames the local scene’s growth as a question of offering comparable variety. “With the various choices of Hong Kong pop culture now, I think it’s easier for us to pick our favorites in Hong Kong as well.”

    Lo’s regional footprint has expanded steadily, with appearances at the One Love Asia Festival in Malaysia in 2023, the SBS Supersound Festival in 2024 and Waterbomb Singapore in 2025. But performing outside Hong Kong still produces the same nerves that have accompanied him throughout his career. “I’ve always felt very small as a singer, because I don’t think I’m super great at performing compared to all the singers around the world,” he says. “I usually feel very nervous going to different countries or different places.”

    What he takes from those experiences, however, is concrete. Observing other artists’ preparations – their professionalism, their focus, their offstage discipline – has pushed him to expand his own creative choices. “The way they do music and do performances has made me just go wild for my music choices as well,” he says.

    Locally a superstar, Lo is clear-eyed about where Hong Kong sits in his sense of self as his ambitions grow. “Hong Kong will always be my hometown and will always be something that I cherish the most, because I grew up here,” he says. But he is equally clear that the boundaries are meant to be pushed. “I would love to explore more different stages around the world with my fans. I think me and my fans are more than ready to be brave and go to more different countries to learn more from the others.”

    The through-line across all of it – the music, the acting, the international stages – is a pair of principles Lo articulates with plainness. “There are two things that I will not let go,” he says. “One is to be humble, and two is to be ambitious.”

  • ‘Tow’ Review: Rose Byrne Plays Another Charismatic Pill — a Seattle Homeless Woman Fighting to Get Her Car Back

    ‘Tow’ Review: Rose Byrne Plays Another Charismatic Pill — a Seattle Homeless Woman Fighting to Get Her Car Back


    The “Marty Supreme” question that got old in about five minutes — was the title character likable enough? —shouldn’t even be allowed in the same room with Rose Byrne. From the annoyingly upscale “perfect” boss’s wife in “Bridesmaids” to the miserable mother who becomes cosmically unglued in “If I Had Legs I’d Kick You,” she has made a career of playing characters who are haughty and testy, glamorously difficult and hard to cozy up to. But that’s part of her pizazz as an actor. Who would want Rose Byrne to give you the warm fuzzies? (Though I’m betting that if you cast her in a Colleen Hoover soaper, she’d nail it.) “Tow” is a minor indie that doesn’t always make the right moves, but Byrne seizes her character and turns the question of whether you like her or not into the film’s dramatic motor.

    At first, we don’t like her at all. After a while, we still don’t (much), but we find ourselves connecting to something in her that transcends likability — her humanity. That’s acting alchemy.

    “Tow” is an elongated anecdote based on a true story, and when you see the film you may think: Why couldn’t they have just made this up? Byrne plays Amanda Ogle (pronounced Oh-gle), who is living out of her car in Seattle. It’s a beat-up 1991 slate-blue Toyota Camry, but the vehicle isn’t just her home; it’s her only friend. She talks on the phone to her teenage daughter in Utah (played by Elsie Fisher, who was so terrific in “Eighth Grade”), but that’s her one connection, and it’s hanging by a thread. We never hear the full story of how she got to where she is.

    But Amanda’s presence tells us all we need to know. The blonde hair with bangs, put up in a paisley pink kerchief with a plastic flower tucked in, the leather jacket and big dark-pink sunglasses, the snarling scowl of defiance that’s almost part of the look — it’s all a bit thrift-shop punk, and so is her attitude. (She has the aura of someone who was a punk and is still trying to figure out how to age into adulthood.) Amanda snaps at everyone, but Byrne has such a quick mind that we’re alive to her insults and doomsday quips. Her invective perks us right up.

    The movie is this simple: Amanda’s car gets stolen, then recovered the next day, but it’s being kept at a commercial lot — Kaplan Towing — that’s charging her $273 before she can drive it away. To Amanda, that might as well be $273,000. She’s a vet tech who has finally landed employment at a veterinarian’s office, where she’s supposed to do pick-ups. But she can’t do the job without the car, and she can’t pick up the car without the job. The movie is about how she spends an entire year living as a homeless person trying to get her cruddy Toyota back.

    She crashes at a church homeless shelter, with adjacent 12-step meetings, the whole place overseen by Barbara, played by Octavia Spencer with a pitch-perfect compassionate ruthlessness. Amanda then takes her case against Kaplan Towing to court, serving as her own lawyer, and she wins the case! — but when she arrives back at the lot in triumph, it’s only to find that they’ve already sold the car at auction. She meets a nonprofit lawyer, Kevin (Dominic Sessa), who’s a saintly geek, and they spend months working on the case. She gets roughed up by the homeless shelter’s resident sociopath (Lea Delaria, who is riveting) and meets comrades like the sweet Nova (Demi Lovato) and the combative Denise (Ariana DeBose), who’s as difficult as Amanda is.

    We learn that Amanda is a recovering alcoholic (seven months sober) who had her first drink at 11 (in reaction, the film implies, to her being abused by her father when she was 10). But instead of filling in her slow slide into parking-lot vagrancy, what the film leaves unspoken is that whatever problems she had were pushed over the edge by an impossible economy — which combined, in some way, with her impossible personality. The (minor) strength of “Tow” is that it makes no apologies for Amanda, never pretending that she’s a functional person. Yet it shows us her flawed heart. If the film has a message, it’s that assholes who have lost everything are people too. Especially when they fight the system.

    I just wish that the storyline built to something. I like anecdotal movies, but the fact that Amanda spends a year working to get her car back and, from what we can tell, doing little else starts to make this ragtag “Candide” of city bureaucracy feels like it’s running in place. Amanda’s car is more than her car; it’s her dignity. But the film never takes the leap into seeing that thinking that way might be part of the problem.

  • OpenAI is putting ChatGPT, its browser and code generator into one desktop app

    OpenAI is developing a “super app” for desktop that unifies ChatGPT, its browser and its Codex app, according to the Wall Street Journal and CNBC. A company spokesperson told the publications that OpenAI Chief of Applications Fidji Simo will lead the application revamp with assistance from OpenAI President Greg Brockman. Simo will also help the marketing team advertise the app when it comes out. OpenAI’s leadership is apparently hoping that combining several products can help it streamline user experience and dedicate its resources to one project.

    The company has yet to make an official announcement about the new app, but Simo replied to the Journal piece’s author on X. “Companies go through phases of exploration and phases of refocus; both are critical,” Simo said. “But when new bets start to work, like we’re seeing now with Codex, it’s very important to double down on them and avoid distractions. Really glad we’re seizing this moment.”

    The Journal saw the internal note Simo sent to employees, wherein she said that the company realized it was spreading its efforts across too many apps and that it needed to simplify its efforts. “That fragmentation has been slowing us down and making it harder to hit the quality bar we want,” she reportedly wrote. In an all-hands meeting, CNBC said she also told employees that the company was “orienting aggressively” towards high-productivity use cases.

    It’s not clear yet when the unified app will be available, but OpenAI is reportedly focusing on developing agentic AI capabilities for it. The agents will be able to make decisions and use tools to do tasks on computers, such as writing software or analyzing data, with little human oversight.

  • Ancient Bitcoin Whales Spring to Life, Flood Market with BTC After Years of Silence

    Ancient Bitcoin Whales Spring to Life, Flood Market with BTC After Years of Silence

    TL;DR

    • A 2013-era holder sold 1,000 $BTC worth about $71.6 million, while Owen Gunden sold another 650 $BTC worth roughly $46.3 million to market.
    • The 2013 wallet has now sold 3,500 of 5,000 $BTC for about $337 million, suggesting a measured unwind instead of a sudden full exit over time.
    • The report casts the moves as generational profit-taking that may pressure upside, while also showing Bitcoin can absorb repeated OG distribution.

    Dormant Bitcoin supply is moving again, and the timing is stirring anxiety across the market. What is resurfacing now is not ordinary selling pressure, but aged supply from Bitcoin’s earliest era. According to the report, a 2013-era holder who accumulated 5,000 $BTC at an average cost near $332 sold another 1,000 $BTC worth about $71.6 million, while Owen Gunden sold an additional 650 $BTC worth around $46.3 million. Together, the transactions suggest that some of the market’s oldest wallets are converting paper wealth into realized profits rather than holding through this stage of the cycle.

    A #BitcoinOG with 5K $BTC($356M) sold another 1,000 $BTC($71.57M) 8 hours ago.

    This OG received 5K $BTC(cost $1.66M) at $332 12 years ago, and started selling $BTC on Nov 26, 2024, selling a total of 3,500 $BTC($337M) at ~$96,262.

    Total profit: $442M — a 266x return.… pic.twitter.com/oErv0KccjN

    — Lookonchain (@lookonchain) March 19, 2026

    Why the Market Watches These Old Wallets So Closely

    The first wallet tells a revealing story. This is not a sudden capitulation, but a disciplined unwind from one of Bitcoin’s cheapest positions. The source says the holder began selling on Nov. 26, 2024 and has now transferred 3,500 $BTC for about $337 million at an average sale price near $96,262. Even after the latest move, the wallet still reportedly holds 1,500 $BTC worth $106.8 million. That matters because steady legacy distribution can weigh on upside over time, even without the shock effect that would normally come from a single forced liquidation event for traders.

    Gunden’s sale adds another layer of unease because the market had treated his earlier exit as finished. The fresh 650 $BTC move suggests that high-profile whale distribution stories may end less cleanly than traders assume. Lookonchain reportedly tied the sale to roughly $46.3 million in value, after previously summarizing a much larger 11,000 $BTC liquidation worth about $1.12 billion. The report notes that Gunden’s transactions carry symbolic weight because he is seen as an important Bitcoin figure whose wallet activity is read as a signal about how some of crypto’s earliest capital is being repositioned.

    The broader takeaway is more nuanced than a bearish headline. These transfers look like generational profit-taking, but they also show how modern liquidity is absorbing old supply. The report argues that coins accumulated before institutional ETFs, treasury strategies and current exchange infrastructure are now being redistributed into a very different market structure. That does not make the selling irrelevant. On the contrary, the reactivation of dormant, low-cost $BTC remains one of the clearest windows into cycle behavior. But it also suggests Bitcoin is operating with enough depth to take repeated OG distribution without structural breakdown.

  • Arthur Hayes Loads Up on ETHFI Hours Before Upbit Listing—Signal or Coincidence?

    Arthur Hayes Loads Up on ETHFI Hours Before Upbit Listing—Signal or Coincidence?

    TL;DR

    • Arthur Hayes acquired around 132,730 $ETHFI, worth close to $72,800, roughly 5 hours before Upbit confirmed the listing.
    • The timing has triggered debate over possible insider awareness vs strategic positioning.
    • South Korea remains a dominant altcoin market, with sustained KRW-based demand since 2023, which may provide stronger liquidity and price support for $ETHFI after its debut.


    EthereumFi ($ETHFI) has returned to the spotlight after a well-timed purchase by Arthur Hayes aligned with its listing on South Korea’s largest crypto exchange, Upbit. The overlap between capital inflow and exchange exposure quickly caught market attention, as such combinations often influence short-term price action.

    Arthur Hayes $ETHFI Trade Raises Questions

    On-chain data indicates that Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom, received 132,730 $ETHFI from Anchorage Digital about 5 hours before Upbit enabled trading. The transaction was valued near $72,800, with the token priced around $0.55 at the time.

    The close timing between the acquisition and the listing announcement fueled speculation about potential informational advantages. Still, there is no direct evidence of wrongdoing. Hayes has remained active in decentralized finance throughout 2026, allocating more than $3.4 million across multiple protocols.

    Earlier activity also shows that roughly one month prior, wallets linked to Hayes moved about 2.15 million $ETHFI at lower price levels, pointing to a broader accumulation strategy rather than a single trade.

    As part of its standard listing procedures, Upbit introduced temporary restrictions, including a brief pause on buy orders and limit-only trading during the initial phase. These measures aim to reduce volatility and stabilize price discovery.

    Korean Market Liquidity Strengthens $ETHFI Outlook

    An Upbit listing carries weight due to South Korea’s strong participation in altcoins. KRW-denominated trading remains elevated, even when excluding major assets such as Bitcoin, Ethereum, XRP, BNB, and Solana.

    Data from recent cycles shows a consistent buy-side presence from 2023 through 2026, with larger participants absorbing sell pressure. This dynamic contributes to deeper liquidity and stronger support levels across altcoin pairs.

    For $ETHFI, entering this environment means immediate exposure to one of the most active trading regions globally. Listings in Korea have historically driven higher volumes and faster price discovery, especially for DeFi tokens.

    EthereumFi is part of a growing segment focused on restaking and on-chain yield strategies built on Ethereum. As demand for these mechanisms expands, $ETHFI continues gaining traction among both retail and institutional traders.

    In conclusion, while the timing of Hayes’ purchase continues to draw attention, market structure and liquidity trends provide a broader explanation. With strong Korean demand and rising interest in DeFi infrastructure, $ETHFI may extend beyond its initial listing momentum and integrate into longer-term capital flows.

  • FIFA details Infantino’s $6m deal with 33% Club World Cup bonus increase

    FIFA details Infantino’s $6m deal with 33% Club World Cup bonus increase

    FIFA president Gianni Infantino’s pay boost revealed in latest accounts that target $14bn in revenue for 2027-30.

    FIFA President Gianni Infantino received a 33 percent increase in his annual bonus last year as part of a $6m pay package detailed by football’s world body.

    Infantino’s basic annual salary was unchanged at 2.6 million Swiss francs ($3.3m) and his bonus rose by 550,000 Swiss francs ($695,000) to 2.2 million Swiss francs ($2.78m) in 2025, when FIFA organised its first monthlong men’s Club World Cup in the United States.

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    In each of the prior two years, Infantino’s annual bonus had been 1.65 million Swiss francs ($2m).

    It was unclear if the FIFA leader is entitled to further payments, including for keeping homes in his native Switzerland and Florida, where FIFA has a base in Coral Gables, organising the 2026 World Cup across North America.

    The Club World Cup heavily backed by Saudi Arabian money added about $2bn to FIFA’s revenue, which is set to be at least $13bn for the four-year period through this year’s World Cup in the United States, Canada and Mexico.

    FIFA on Thursday published annual accounts with a budget target for 2027-30 of $14bn in estimated revenue.

    That four-year commercial cycle includes the second edition of the men’s Club World Cup – in a host nation yet to be decided – and a men’s and women’s World Cup.

    The Women’s World Cup will be in Brazil in 2027 and the men’s 2030 World Cup will be co-hosted by Spain, Portugal and Morocco, plus single games in Argentina, Paraguay and Uruguay.

    FIFA said it aims to allocate $2.7bn of its $14bn revenue in development money to its 211-member federations, plus continental and regional football bodies. That would be a 20 percent increase on the current four-year period.

    Infantino is due for re-election next year for a fourth mandate that would extend his presidency to 15 years through 2031. That is the maximum allowed by FIFA statutes, which currently allow his successor just three terms of four years each.

    FIFA has published salary details for top executives and senior elected officials as part of transparency reforms passed on the day Infantino was elected in 2016. Payments are decided by a FIFA-appointed compensation panel.