Movement Labs, developer of the Movement Ethereum layer-2 blockchain, filed for Chapter 11 bankruptcy on July 15 in Delaware. This follows a market-making scandal involving co-founder Rushi Manche and Web3Port, which led to a 94% decline in the MOVE token and Coinbase suspending trading.
Christopher Nolan's 'The Odyssey' has opened to massive global box office success, earning $264m, and widespread critical praise. The film, lauded for its technical wizardry and unique vision of Homer's epic, also sparked controversy over filming locations in Western Sahara and discussions on its Oscar potential.
Actor Jake Johnson discusses starring in "The Dink," a pickleball comedy, despite no prior experience with the sport. He reflects on the film's lighthearted escape from divisive times, his career evolution from "New Girl" to blockbusters, and how fatherhood keeps him grounded.
Blockchain technology, initially proposed by Haber and Stornetta and popularized by Nakamoto, is a distributed digital ledger that stores data in immutable, timestamped blocks. It enables secure, decentralized transactions without third parties, used in cryptocurrencies and adopted by companies like Walmart and IBM for supply chain tracking, offering benefits like increased accuracy and security despite data storage limits and regulatory changes.
Investors showed overwhelming demand for China's CXMT IPO, a leading DRAM producer, submitting applications for nearly 817 billion shares. The high interest triggered a clawback mechanism, shifting shares to retail investors, highlighting appetite for domestic chip alternatives. Winning lottery numbers for allocations are due Monday.
California voters will decide on a one-time 5% tax on fortunes over $1bn, sparking debate on wealth taxation. The article argues against new wealth taxes, citing global abandonment, instead advocating for closing loopholes, restoring estate taxes, and raising capital gains and corporate rates to boost US revenue and address inequality.
The UK plans to introduce an optional midnight to 6am social media curfew for 16- and 17-year-olds, with 'addictive' features like autoplay and infinite scroll to be disabled by default, sparking mixed reactions among teens
Exploring the basics and value of Non-Fungible Tokens (NFTs), their creation, investment potential, and future in art and collectibles.
Billionaire investor Duan Yongping increased his stake in toy brand Pop Mart to 7.65% for the third time. This move comes despite a lukewarm reception for the new Labubu Hair Salon series, raising questions about the sustainability of demand for the company's IP.
Filmmaker Christopher Nolan and actor Matt Damon will guest on the South Korean talk show "You Quiz on the Block" during their upcoming visit to Seoul to promote Nolan's new film "The Odyssey."
OpenAI's new GPT-5.6 models (Sol, Terra, Luna) emphasize cost-efficiency, with Terra and Luna offering significant price reductions. Despite these cuts, OpenAI's flagship and mid-tier models remain more expensive than leading Chinese AI competitors.
Senator Ron Wyden is pushing Senate leaders to retain the Blockchain Regulatory Certainty Act (BRCA) in upcoming crypto market structure legislation. He argues that developers of non-custodial software should not be treated as money transmitters, emphasizing the need for innovation and US competitiveness.
Naomi Osaka defeated top seed Aryna Sabalenka 6-2, 7-6(2) in the fourth round of Wimbledon. Osaka's dominant performance advances her to the quarter-finals for the first time and opens up the women's draw.
A fire in a 10-storey apartment block in Antwerp's Linkeroever district has killed five people and injured several others. Police evacuated 80 flats, attributing the fire to a ground-floor technical problem. King Philippe visited the scene.
At least six people died and several others were injured in a fire that broke out in a 10-storey apartment block in Antwerp, Belgium. The fire, believed to be caused by a technical problem, led to the evacuation of 80 flats.
Mexico defeated Ecuador 2-0 at the Azteca Stadium, ending a 40-year World Cup knockout stage win drought. Julian Quinones scored and assisted Raul Jimenez in the match, which was delayed by stormy weather.
Kukis attempted to march towards Namdilong on the Imphal West-Kangpokpi border to protest a prolonged economic blockade by Naga groups. Security forces intercepted the marchers, preventing them from proceeding. The blockade was imposed seeking justice for six Naga civilians killed.
Kukis protested a Naga economic blockade by attempting to march towards Namdilong, sparking tension on the Imphal West-Kangpokpi border. Security forces intercepted the marchers, preventing escalation amidst ongoing community tensions over the killing of six Naga civilians.
The NYT reports on hostility towards minority military members and blocked promotions, attributing it to Defense Secretary Pete Hegseth's "war on diversity." Meanwhile, the DoJ investigates California Governor Gavin Newsom. The article links these events to a broader culture war, citing the San Francisco Giants' Pride Night controversy and players protesting with Bible verses.
The Trump administration's Department of Justice is investigating San Francisco Giants players for religious expression violations after they protested Pride Night, escalating a broader 'culture war' against diversity in the military and political opponents, while the Giants organization is criticized for its weak response.
Rockstar has opened pre-orders for Grand Theft Auto VI, set for a November 19 release on PS5 and Xbox, with standard editions priced at $80/£70/€80. The game will be digital-only at launch, focusing on a single-player experience set in Leonida/Vice City, despite production delays and a unionization lawsuit.
A Bitget Wallet study found that about 60% of first-time Polymarket users had no prior blockchain interaction, indicating prediction markets are a new gateway to crypto, bypassing traditional token trading or DeFi.
Cardano is advancing major throughput upgrades (Leios testnet, Van Rossem hard fork) but faces challenges from a sharp ADA price decline and a $2.4 million SecondFi wallet exploit, highlighting a divide between engineering progress and ecosystem health.
UK Prime Minister Keir Starmer has resigned amid falling poll numbers. Andy Burnham, former Mayor of Greater Manchester, is a leading contender to succeed him, with a stated optimism for the blockchain industry and a 'Web 3 powerhouse' vision for Manchester.
