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  • Zama’s Q2 update triggers 20% volume surge: But THIS warns of a correction

    Zama’s Q2 update triggers 20% volume surge: But THIS warns of a correction

    Zama [$ZAMA] is back on track after an explosive recovery in terms of trading volumes and network activity.

    The token’s prices increased by more than 10% over the past 24 hours following the release of the company’s Q2 report, which indicated further expansion of its ecosystem.

    The move was accompanied by a 20% increase in trading volume to $110.4 million, suggesting buyers backed the rally instead of chasing it on thin liquidity.

    For prospective investors, the question now is whether the latest surge has enough momentum to keep the bullish run going.

    Source: Santiment

    The Q2 update is already showing up on-chain

    Market response was not confined just to price changes.

    Activity on the network increased soon after the report was published, with the number of active addresses doubling in the past 24 hours. The number of token holders has also recorded some recommendable gains of late.

    Source: Token Terminal

    On the other hand, Open Interest surged by double digits, implying that there is new money flowing into the derivatives market and not merely existing traders changing their positions.

    At press time, the cumulative leverage open positions were at an all-time high at $36.4 million after a sharp 24% daily surge.

    Source: CoinGlass

    All in all, the market shows improving market confidence following the latest ecosystem update, a development that could boost the current bullish momentum.

    Buyers remain in control

    The technical structure has also strengthened.

    $ZAMA continues to trade above its key Exponential Moving Averages (EMAs), preserving the bullish trend that has been building over the past 10 consecutive days.

    Holding above those dynamic support levels suggests buyers are still absorbing selling pressure despite the token’s recent advance.

    However, despite most on-chain metrics and structure standing by the market bulls, its Stochastic RSI sends some cautionary signals.

    On the daily chart, the token’s stochastic RSI is just bouncing from an oversold region (greater than 80), suggesting the token’s price action could be a short-term correction before extending its long-term bullish trend.

    Source: TradingView

    Can the rally extend?

    After the Q2 report, there has been higher network activity, increased active addresses, derivatives usage, and price action. All the metrics collectively point to a potential momentum continuation in the long run.

    But while $ZAMA stays above its key moving averages and participation is high, bulls should keep momentum on their side. A short-term correction cannot be sidelined either.


    Final Summary

    • $ZAMA gained by more than 10% after releasing its Q2 report, while trading volume climbed 20% to $110.4 million.
    • Active addresses doubled over the past 24 hours, and Open Interest posted double-digit gains, reinforcing the token’s bullish structure.
  • Ondo drops tokenized asset blockchain plans for private, high-speed trading network

    Ondo drops tokenized asset blockchain plans for private, high-speed trading network

    Tokenized asset specialist Ondo Finance ONDO$0.4037 has abandoned plans to build a conventional layer-1 blockchain, instead introducing a trading network it says is better suited for the next wave of onchain financial assets.

    Dubbed Ondo Network, the system marks a shift from the company’s February 2025 vision for Ondo Chain, a blockchain for institutional finance and tokenized real-world assets. After building its new perpetual futures platform, Ondo Perps, the firm said it concluded that a traditional blockchain wasn’t the best tool for handling the speed and privacy institutional trading requires.

    Ondo Perps is the first application using the network, with plans to offer tokenized assets as collateral for trading.

    The pivot comes as tokenization gathers momentum across Wall Street. Tokenization — the process of representing traditional assets such as stocks, bonds and funds as blockchain-based tokens — is gaining traction as firms look to modernize capital markets with faster settlement and around-the-clock trading. At the same time, perpetual futures, once largely confined to crypto markets, are expanding to traditional assets such as stocks and commodities like oil and gold.

    Beyond issuing tokenized assets

    Ondo has emerged as one of the sector’s largest issuers, with about $2.6 billion in tokenized U.S. Treasury products across OUSG and USDY and roughly $850 million in tokenized equities, according to rwa.xyz. The firm’s broker-dealer obtained last week FINRA approval to launch regulated markets and services for tokenized securities.

  • Crypto-Friendly States Are Winning, Draper Index Shows

    Crypto-Friendly States Are Winning, Draper Index Shows

    Crypto-friendly policies and startup incentives are helping reshape the U.S. innovation landscape, according to the latest Draper Innovation Index (DII).

    The index ranks states based on their ability to attract entrepreneurs, investment, and emerging technologies.

    The top performers and laggards

    The March 2026 update shows that states embracing digital assets and emerging technologies are gaining ground. Meanwhile, some traditional technology hubs are losing momentum.

    Texas climbed to fourth place in the DII US ranking, overtaking Wyoming, thanks in part to growth in overall venture capital investment, cryptocurrency and blockchain-related funding, and new business creation. Oklahoma also posted one of the biggest gains, rising to 15th place after strong growth in startup formation and crypto-related venture investment.

    Meanwhile, California dropped to 31st place and New York fell to 49th. According to the index, both states were hurt by weaker new business formation despite their large economies and established innovation ecosystems.

    New Hampshire ranked third, despite being 40th in GDP and 42nd in population size, highlighting the index’s argument that business-friendly policies can outweigh economic size. The state’s tax environment and startup-friendly policies have helped it attract entrepreneurs, according to BizWorld.

    Draper argued that innovation moves toward places with fewer barriers for founders.

    “When taxes get punishing, when regulations pile up, when policy stops rewarding risk… founders leave,” he said.

    The index also shows Canada falling from third to fifth place and other regions seeing declines linked to instability and capital flight.

    Cryptocurrency, blockchain adoption, and policies supporting business formation are becoming increasingly important factors in determining where the next generation of startups will emerge, according to Draper.

  • Tributes paid to Lindsey Graham at US Capitol ceremony

    Tributes paid to Lindsey Graham at US Capitol ceremony

    NewsFeed

    Hundreds of officials gathered in the Capitol Rotunda to honour late Republican Senator Lindsey Graham. His flag‑draped casket was carried in by an armed forces team in recognition of his military service, as Senate leaders hailed him as a towering figure.

  • Quit Paying for Your Domain Name: This Platform Gives You 6 for Life for $30

    Quit Paying for Your Domain Name: This Platform Gives You 6 for Life for $30

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  • eBay agrees to pay nearly $50 million to couple sent cockroaches, bloody pig mask

    eBay agrees to pay nearly $50 million to couple sent cockroaches, bloody pig mask

    By LEAH WILLINGHAM, Associated Press

    BOSTON — eBay Inc. agreed to pay almost $50 million to a Massachusetts couple who said former employees of the company targeted them with threats and bizarre anonymous deliveries — including live insects, a funeral wreath and a bloody pig Halloween mask, according to settlement details released Tuesday.

    The parties reached a tentative settlement in February as the case was headed to trial, but they were unable to finalize the agreement. The Steiners asked a federal judge in June to reopen the case, and a new settlement announced Tuesday resolves the litigation.

    The agreement with David and Ina Steiner, founders of EcommerceBytes, a newsletter covering the e-commerce industry, includes an additional $7 million in charitable donations, including to organizations supporting First Amendment rights. Attorney Christopher Murphy said the resolution sends “a warning that attempts by big business to suppress speech and the press will not be tolerated.”

    “This was not only an attack and campaign of harassment against two people; it was also an attack on free speech and freedom of the press,” said Murphy, of Massachusetts-based Scalli Murphy Law.

    The settlement contains no confidentiality provision, allowing the Steiners to discuss the case publicly. Murphy said his clients insisted on being able to speak openly about what happened to them.

    The settlement resolves more than six years of criminal and civil proceedings stemming from the harassment campaign. In their 2021 lawsuit filed in Boston federal court, the Steiners said that the company engaged in a conspiracy to “intimidate, threaten to kill, torture, terrorize, stalk and silence them” in order to “stifle their reporting on eBay.” The Natick residents, who report on the e-commerce industry in their newsletter, said they were subjected to cyberstalking, death threats and in-person surveillance by former eBay workers.

    The settlement also requires eBay to issue a public statement addressing the conduct of former executives involved in the case.

    When the lawsuit was filed, the company said “the misconduct of these former employees was wrong,” and that it would “do what is fair and appropriate to try to address what the Steiners went through.”

    eBay reiterated its apology Tuesday, saying, “What the Steiners were subjected to by former eBay employees in 2019 was wrong, reprehensible and should never have happened.” The company also acknowledged “the unprofessional tone in internal communications” by former CEO Devin Wenig, former Chief Communications Officer Steve Wymer and former Senior Vice President Wendy Jones.

    The company said the conduct “is not representative of eBay’s culture” and said it has since changed leadership and strengthened its policies, procedures and ethics training.

    In 2020, federal prosecutors charged seven former eBay employees, alleging they carried out a coordinated harassment campaign against the couple after becoming angered by coverage in the couple’s online newsletter. Most of the defendants pleaded guilty to charges including conspiracy and cyberstalking and were later sentenced to prison terms or home confinement.

    In 2024, eBay Inc. agreed to pay a $3 million criminal penalty under a deferred prosecution agreement with federal authorities.

    Federal prosecutors have said the harassment included anonymous deliveries of items like live cockroaches and spiders, a funeral wreath, and a bloody pig face mask to the couple’s home. The employees also sent pornographic magazines with the husband’s name on them to a neighbor’s home and planned to break into the couple’s garage to install a GPS device on their car.

    Under the settlement, the Steiners will receive $48.7 million in compensation, including $46.15 million from eBay, $2 million from former CEO Wenig, $500,000 from former executive Jones and $50,000 from former executive Wymer.

    The company will fund $6 million in charitable contributions to various nonprofit organizations, with Wenig contributing an additional $1 million to a charity dedicated to protecting First Amendment rights in Ina Steiner’s name.

    In a statement, Murphy cited the recovery amount, personal payments by former executives, a commitment for $7 million to go to nonprofits and the absence of a confidentiality provision in a system where “wrongdoers too often hide their misdeeds by dangling compensation in front of those they victimized and trading that compensation for confidentiality or an NDA.”

    Protecting journalists and publishers and deterring corporate misconduct were goals from the beginning, he said. “We believe this resolution sends a clear message that corporations and their executives cannot engage in this type of misconduct without facing significant consequences,” Murphy said.

  • ‘In the City’ Reunion Concludes With Part Two: How to Watch ‘Summer House’ Spinoff’s Cast Sit-Down Online

    ‘In the City’ Reunion Concludes With Part Two: How to Watch ‘Summer House’ Spinoff’s Cast Sit-Down Online

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

    Following part one of the In the City reunion on July 21, and the emotional season finale the week prior, Andy Cohen and the cast return for the second and final part of the supersized season one sit-down. Airing on Tuesday, July 28 at 8 p.m. PT/ET on Bravo, part two can be livestreamed on any streaming service that carries said network, namely DirecTV (with a five-day free trial), Fubo, Sling and Hulu + Live TV.

    Additionally, the uncensored version of part two — along with that of part one — will be available to stream on-demand the following day on Peacock (July 29), and while the streamer doesn’t offer a free trial directly, fans can enjoy free Peacock access through partner subscription DirecTV — more on this option below.

    At a Glance: How to Watch In the City Season One Reunion Part Two

    Where to Watch In the City Reunion: Release Date, Air Time

    The reunion airs over two consecutive Tuesdays — July 21 and 28 — at 8 p.m. PT/ET on Bravo.

    Where to Stream In the City Reunion Online Free

    Since In the City‘s two-part reunion is broadcast on Bravo, the episodes are also available to watch live on any streaming service that carries the network, including DirecTV (with a five-day free trial), Fubo, Sling and Hulu + Live TV.

    Uncensored versions of both parts drop on Peacock the day after airing on Bravo (July 22 and 29). While the streamer itself no longer offers a free trial, customers who sign up for one of DirecTV’s signature packages — Entertainment, Choice, Ultimate or Premier — can get two months of the Movies Extra Pack + Peacock at no cost (a $19.98 value). Plus, DirecTV offers a five-day free trial for any plan, meaning new members can stream the reunion at no cost during the trial period. To claim, select your preferred signature package, then opt to add “Movies Extra Pack + Peacock Premium” where it instructs you to pick your add-ons, and your two free months will automatically apply.

    More on each live TV streaming option — and their new subscriber discounts — below.

    Five-day free trial; packages from $19.99 per month

    Bravo is included in any of DirecTV’s signature packages: Entertainment, Choice, Ultimate or Premier. Plus, DirecTV offers a five-day free trial for its streaming service, meaning new subscribers can tune in at no cost for a limited time.

    Learn more about each plan option, including how to build your own channel lineup (starting at just $19.99 per month), at directv.com.

    Fubo

    Up to $30 off first month; packages from $64.99 per month ($54.99 for first month)

    Bravo is available to stream with a subscription to Fubo, which offers between $10 and $30 off for the first month. Plans start at $54.99 during the first month and $64.99 monthly thereafter.

    Plans from $4.99 per day or $19.99 per month

    Bravo is included in Sling’s Blue Plan, from $45.99 per month, and Sling’s Orange & Blue plan, from $60.99 per month. Visit Sling.com to check station availability and package options, starting as low as $4.99 per day or $19.99 per month.

    Three-day free trial; packages from $89.99 per month

    Watch Bravo for free with a three-day trial to Hulu + Live TV. Subscriptions come bundled with Disney+ and ESPN+, and start at $89.99 per month.

    In the City Cast for Season One Reunion

    Andy Cohen hosts the entire season one cast for the two-part tell-all. This includes Kyle Cooke, Amanda Batula, Lindsay Hubbard, Danielle Olivera, Eoin Heavey, Andrea Denver, Lexi Sundin, Nick Barber, Yvonne Najor, Georgina Ferzil, Whitney Fransway, Kenny Martin, Gavin Moseley and Katie Arundel.

    Read The Hollywood Reporter‘s breakdown of part one here.

  • ‘Superhero Fatigue Is Real. Spider-Man Fatigue Is Not’: Tom Holland’s ‘Brand New Day’ Could Score One of the Biggest Opening Weekends Ever

    ‘Superhero Fatigue Is Real. Spider-Man Fatigue Is Not’: Tom Holland’s ‘Brand New Day’ Could Score One of the Biggest Opening Weekends Ever

    Superhero fatigue is no match for Peter Parker.

    Sure, comic book movies have been on the fritz. But Marvel’s friendly neighborhood web-slinger is about to change the narrative, with Sony and Marvel Studios’ “Spider-Man: Brand New Day” swinging to a truly heroic box office debut. Estimates are ranging from $260 million to $280 million from 4,300 North American theaters, which means it’s tracking to land one of the biggest opening weekends in history. Projections have been climbing and climbing in the days leading up to the release, with some bullish box office watchers suggesting a start over $300 million isn’t out of the question. Sony is suggesting a more conservative launch around $190 million to $195 million, though basically everyone else believes the film’s opening will be at least $250 million.

    These are rarified box office heights. Only nine films have ever crossed $200 million in a single weekend while just one, Marvel’s 2019 behemoth “Avengers: Endgame,” surpassed $300 million in its debut. “Avengers: Endgame” holds the record for the biggest opening of all time with $357 million domestically and a mind-blowing $1.2 billion globally. The second-largest domestic opening weekend belongs to 2021’s “Spider-Man: No Way Home” with $260 million, followed by 2018’s “Avengers: Infinity War” with $257 million and 2015’s “Star Wars: The Force Awakens” with $247 million.

    “Spider-Man: Brand New Day” is projected to earn at least $275 million to $300 million at the international box office, although the final number will likely eclipse the studio’s estimates. Spidey’s prior adventure “No Way Home” opened to $327 million internationally and $587 million globally, registering as the third-best worldwide start. Meanwhile “Infinity War” ranks as the No. 2 global debut with $640 million. “Brand New Day,” which cost a sizable $225 million to produce, could crush those metrics. That’s because it’s landing day-and-date in China, where “No Way Home” didn’t play at all but 2019’s “Spider-Man: Far From Home” launched to $95 million.

    “Spider-Man: Brand New Day” is benefiting as the follow-up to “No Way Home,” which generated a staggering $1.9 billion — and that’s without China, a major market for Marvel movies. That sequel ended on a huge cliffhanger; Tom Holland‘s Peter Parker made the difficult decision to erase his identity from the world in order to save the multiverse, leaving his girlfriend (Zendaya) and best friend Ned (Jacob Batalon) to forget about him. So it’s safe to say a lot of people have been waiting a while to find out the ramifications of Spidey’s fateful choice. Demand for tickets has been so intense that some major theater chains are scheduling showtimes every 15 minutes from dusk to dawn on opening weekend.

    “Spider-Man” will screen on premium large formats except Imax, where Christopher Nolan’s “The Odyssey” has the entire network for three weekends. With “The Odyssey” expected to remain a force in its third frame, this could power the biggest collective weekend in domestic box office history. “The Odyssey” is expected to earn another $50 million to $60 million over the weekend, though Nolan’s latest has been defying expectations, too. Currently the three biggest weekends at the domestic box office were tied to the releases of “Avengers: Endgame” ($402 million collectively), “Avengers: Infinity War” ($314 million collectively) and “Star Wars: The Force Awakens” ($313 million collectively). It’ll be a particularly exciting weekend for the recently married Holland and Zendaya, who star in “Spider-Man: Brand New Day” and “The Odyssey.”

    All the hype around the newest “Spider-Man” underscores the reality that Peter Parker is totally and completely impervious to Marvel fatigue. At a time when Disney’s once-impenetrable Marvel Cinematic Universe has been exhibiting concerning signs of wear and tear at the box office, Spider-Man is getting more and more powerful. It’s the rare series to keep growing and improving upon the last. Holland’s first foray, 2017’s “Homecoming,” ignited to $117 million domestically and ended its run with $880 million worldwide. Then “Far From Home” launched to $92 million domestically but powered to $1.13 billion worldwide. And of course, “No Way Home” was far and away the biggest with nearly $2 billion worldwide. (Although Disney backs most Marvel movies, Sony has the rights to Spider-Man. Kevin Feige produces all of the entries in the sprawling Marvel Cinematic Universe, the biggest film franchise of all time.)

    “Superhero fatigue is real, but Spider-Man fatigue is not,” says analyst Jeff Bock of Exhibitor Relations. “This is the first big superhero film of the summer, and there is so much goodwill following Spider-Man.”

    Spider-Man joins Batman and Superman as some of the most prolific superheroes of all time. The character — portrayed in prior adventures by Tobey Maguire and Andrew Garfield — has appeared in nine standalone, live-action films in the past 24 years. (Holland’s web-slinging vigilante has made several appearances in Marvel Cinematic Universe crossover events, such as “Avengers: Infinity War” and “Endgame.”) These days, Peter Parker might be more popular than the ubiquitous Clark Kent — although that’s not an entirely fair comparison because the Warner Bros.-owned DC Studios is in the process of rebooting its own superhero universe. Last year’s “Superman,” which introduced David Corenswet as the Man of Steel, was modestly successful with $616 million. “Spider-Man: Brand New Day” will outgross the entire run of “Superman” in just one weekend.

    In terms of the Marvel Cinematic Universe, its movies that revolve around established heroes — such as 2024’s “Deadpool & Wolverine” and 2022’s “Doctor Strange in the Multiverse of Madness” and “Black Panther: Wakanda Forever” — have remained huge box office draws. Installments that centered around lesser-known characters, like 2025’s “Captain America: Brave New World,” “Thunderbolts” and “The Fantastic Four: First Steps,” or sequels that didn’t establish a compelling reason to exist, such as 2023’s “Ant-Man and the Wasp: Quantumania,” were unsuccessful at breaking out beyond the franchise’s core fanbase.

    “Audiences are tired of seeing the same thing. There are too many connected storylines, and it’s turning entertainment into homework,” says Bock. He believes there’s something called “consequence fatigue” in a cinematic universe where the laws of nature don’t apply. “If every death can be reverse and every universe can be replaced, why should audiences be invested? People gravitate toward Spider-Man because Sony has always done a good job of balancing the superhero and everyday person who inhabits the costume.”

    It also helps that “Spider-Man: Brand New Day,” aside from the character’s massive popularity, has a compelling hook and positive reviews. Destin Daniel Cretton, who helmed the well-received 2021 Marvel adventure “Shang-Chi and the Legend of the Ten Rings,” took over directing duties from Jon Watts, who helmed the first three “Spider-Man” films with Holland. “Spider-Man 4″ arrives a few months before Marvel’s “Avengers: Doomsday,” which will bring back the kitchen sink of comic-book characters on Dec. 18 and could rival “Spider-Man: Brand New Day” as the year’s biggest release.

    Beyond this calendar year, Marvel has heavy hitters like “Avengers: Secret Wars” in 2027 and “Black Panther 3” in 2028, as well as question marks like the newly announced “Ghost Rider” reboot with Ryan Gosling and an untitled “X-Men” movie in development. After a bumpy run following the epic culmination of “Endgame,” Marvel expressed a desire to focus on quality over quantity. (MCU had been cranking out as many as four films a year.) It’s unclear what that’ll look like over the long run. But with an opening weekend like the one that “Brand New Day” is about to enjoy, Spidey will certainly keep swinging back for new adventures — at least until the 30-year-old Holland’s knees give out.

    “The Spider-Man story and its hero are dependable and archetypal — an awkward, powerless person accidentally finds his superpower and uses it to help others,” says David A. Gross, who runs the movie consulting firm Franchise Entertainment Research. “It’s a winning formula, every time.”

  • Ross Douthat, Sebastian Junger, Gianna Toboni to Join CBS’ ‘60 Minutes’

    Ross Douthat, Sebastian Junger, Gianna Toboni to Join CBS’ ‘60 Minutes’

    60 Minutes has found its first new slate of correspondents and contributors.

    The CBS newsmagazine has hired New York Times columnist Ross Douthat, The Perfect Storm author Sebastian Junger, and Vice News veteran Gianna Toboni to join its ranks, alongside Norah O’Donnell, who will have more of a presence on the show moving forward after serving as a contributor for years.

    Douthat will be a correspondent, with Junger and Toboni serving as contributors. Trevor Phillips, who joined CBS News as senior global affairs correspondent, will also be a contributor.

    They join existing correspondents Bill Whitaker, Lesley Stahl, and Jon Wertheim.

    New 60 Minutes executive producer Nick Biulton announced the hires in a memo Tuesday.

    More to come.

  • Ross Douthat, Sebastian Junger, Gianna Toboni, Trevor Phillips to Join CBS’ ’60 Minutes’

    Ross Douthat, Sebastian Junger, Gianna Toboni, Trevor Phillips to Join CBS’ ’60 Minutes’

    Ross Douthat, the conservative New York Times columnist will join CBS News‘ “60 Minutes,” along with author Sebastian Junger, new CBS News correspondent Trevor Phillips and filmmaker Gianna Toboni, the Paramount Skydance news division announced Tuesday, a move that will remake the look and feel of the venerable newsmagazine at a time when it has been under intense scrutiny.

    Norah O’Donnell, a familiar face to CBS News viewers, will also take up more duties with the program, according to Nick Bilton, the series’ new executive producer, who offered details in a memo to staffers.

    Douthat, Junger, Phillips and Toboni are “entrepreneurial journalists who understand how to reach modern audiences,” Bilton said. “Between them, they have written books and magazine articles, produced documentaries, TV shows and podcasts, hosted live events and built brands on independent platforms.”

    The question facing them now, of course, is can the new hires keep CBS viewers engaged during 12-to-13-minute long video segments that air on broadcast TV?

    More to come…