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Citi Research: Strong Outlook for Aave and $5T Markets

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Citi Research note reframes Aave as part of a larger financial ecosystem. “While Aave would definitely be categorized as a crypto native lender, we see Aave as the beginnings of a spread out collateral mobility protocol for tokenized capital markets,” Citi Research said in a note published today. “We see collateral mobility being one of the most significant use cases of tokenization, with uses for us in tens of trillions of traditional finance.”

What happened: Aave Beyond Lending

Citi Research assumes that at the core, the assets that get tokenized define what assets will be onboarded to the blockchain, stablecoins form the settle layer, and protocols like Aave define what collateral can be financed with and how it is used and pledged as collateral for capital markets.

table tennis Aave

Source: aave.com

Citi research highlights Aave V4, Horizon, and GHO as signs of the convergence of collateral and liquidity and finance. Horizon is Aave’s institutional liquidity market; Gate markets are meant to be permissioned markets for the use of tokenized money market funds as collateral.

According to Citi Research, this architecture closes the gap between on-chain liquidity and real-world assets such as money market funds, private credit, government bonds, and eventually, equity. A stablecoin, as the truest and most liquid potential settlement layer, could comprise the entire tokenized finance stack.

Also Read: Citi Turns More Bullish on Bitcoin Price With New $113K Forecast

Why Collateral Mobility Matters

Citi Research explains it is the ability to efficiently move collateral around markets so that does not require or involve a sale. This function is the foundation of the repo markets, securities lending, and prime brokerage, and enables global liquidity in traditional finance. In DeFi, collateral has typically been crypto-native assets like ETH and WBTC that are volatile and without fixed income-like cash flows.

table tennis DeFi

Source: LinkedIn

Tokenization transforms this dynamic by offering yield-generating, regulated instruments on-chain. Citi Research contends that such instruments including Coinbase Tokenized Stocks, on April 25, 2026 one-to-one and institutional tokens like USYC and USTB, for example could always be productive collateral without having to liquidate.

New @Citi research positions Aave as a collateral mobility protocol for tokenized capital markets.

It calls collateral mobility one of tokenization’s most important use cases, with Aave able to take on functions that move tens of trillions of dollars in traditional finance. pic.twitter.com/4NqiKE5t8i

— Aave (@aave) October 19, 2026

For instance, a retail user might hold a tokenized equity position with self-custody on Aave V4 and borrow USDC on top of it without having to exit the position. This lessens the risk of selling to realize the yield exposure while unlocking liquidity, an effect, which could benefit both retail and institutional market participants. For developers, it opens up design space for treasury-principal markets and a broader set of composable treasury products.

Also Read: Coinbase Expands Citi Partnership to Connect Fiat Accounts With Stablecoin Payments

Who Is Affected and What Happens Next

Implications ripple through the ecosystem. Investors and funds can benefit from productive collateral, albeit with some additional smart contract, counterparty, and regulatory risk. Institutions can learn from Aave V4 to explore tokenized assets as collateralized borrowing and re-collateralization. Exchanges and custodians can experiment with flows through Aave V4 and Horizon to between CEX & DEX.

table tennis citi research
Source: Shutterstock

Regulators face new questions on the scope of eligible collateral rehypothecation custody and investor protection. A broader context supports the theses and scenario. Citi forecasts tokenization could reach multiple trillions of dollars by the end of the decade on stablecoins, MMFs and private credit.

Next milestones are full production of Aave V4, rise of Horizon and Gate in the institutional market, clear regulation of tokenized securities as collateral, and performance of on-chain prime brokerage to meet compliance. If successful, collateral mobility can reorient Aave from a DeFi lender to the infrastructure behind tokenized capital markets.

Also Read: Aave V4 Adoption Grows on Base as AAVE Price Outlook Draws Attention

table tennis Ananthyka J

Ananthyka J

Ananthyka J is a market reporter at Tronweekly, reporting on cryptocurrency news. She covers cryptocurrency markets, blockchain technology, and digital asset regulation, focusing on Bitcoin, Ethereum, DeFi, altcoins, and crypto policy. Her reporting emphasizes clear and accurate market coverage, including crypto market movements, regulatory developments, and blockchain adoption. She holds a BA in Journalism and Mass Communication and an MA in Communication and Media Studies. She has also completed multiple media internships, follows strict editorial and fact-checking standards, and discloses potential conflicts of interest when reporting.

Articles: 876

NEXTBIGFUTURE Kalshi Daily Review #1 | Science

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Nextbigfuture is starting regular Kalshi market reviews alongside our usual science, technology and business coverage. Each day I will look at two or three Kalshi markets, mostly in the technology, science and energy categories, where a deeper understanding of what it takes for something to happen tells you which way it is likely to resolve.

Paid partnership with Kalshi. Get a $50 sign-up bonus with my referral link: https://kalshi.com/r/nextbigfuture (or use code NextBigFuture)

Kalshi is a CFTC-regulated prediction market. In September 2026 it traded about $60.9 billion in notional volume versus about $13.1 billion for Polymarket (international plus US), roughly 4.7 times more. For 2026 to date the gap is about 2.6 times ($257 billion vs $99 billion), according to (https://volumerace.com/compare/kalshi-vs-polymarket).

Public Track Record on forecasting

I have forecast on two non-money prediction platforms, (https://www.metaculus.com/accounts/profile/110947/) and Manifold, for years. On Metaculus, where I have been active since November 2019, I have made 6,596 predictions (almost 2000 out of 2700 resolved). For baseline accuracy, which measures getting predictions right, my best-ever rank is 8th out of 34,617 forecasters, and I am currently 26th out of 28,382. Either way, that is the top 0.1%.

In (https://www.nextbigfuture.com/2023/10/96-6-correct-predictions-in-2023.html) my overall Brier score was 0.071, versus 0.080 for the Metaculus site as a whole. Lower is better, and always guessing 50% scores 0.25.

Some of my better calls were years-ahead questions. For example, I identified early that Elon Musk’s gains from SpaceX and Tesla would push his wealth to a multiple of the second-richest person’s. That kind of gap only happened for some years with John D. Rockefeller’s time.

Sign up with my referral link for a $50 bonus: (https://kalshi.com/r/nextbigfuture), or use the code NextBigFuture. Subscribe to the (https://www.youtube.com/@nextbigfuture) and (https://nextbigfuture.substack.com/) so you don’t miss the next Kalshi review.

Disclosure: Some links in this post are affiliate or referral links for Kalshi. If you click one and sign up or trade, I (or Z1 Consulting) may earn a commission or referral credit at no extra cost to you. This is a paid relationship, and I only recommend products or platforms I believe may be of interest. Trading event contracts on Kalshi involves substantial risk of loss, is not appropriate for everyone, and is regulated by the CFTC. Availability may be limited by location. This is not financial, investment, or trading advice—do your own research and consider your circumstances before trading. Past performance is not indicative of future results.

Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice. Trading event contracts on Kalshi involves substantial risk of loss and is not suitable for everyone. You could lose some or all of the money you deposit. Past performance or market activity is not indicative of future results.

Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.

Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.

A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts.  He is open to public speaking and advising engagements.

AI adoption by industry shows what other sectors can learn

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The current narrative around artificial intelligence in the workplace is largely driven by Silicon Valley. But treating the tech sector as an island misses the actual trends in technology adoption–tech is just the first industry in line.

As generative AI and automation tools mature, the shifts currently reshaping software engineering and product management will inevitably filter into healthcare, education, retail, and manufacturing. The variation in adoption rates today isn’t a sign that non-tech industries are falling behind, but rather a reflection of the different speeds at which industries absorb new workflows. For leaders and their teams outside of tech, this differential pace provides a practical blueprint for how AI adoption unfolds, and where the opportunities lie.

The AI adoption spectrum by industry

Recent survey data from TripleTen highlights just how stark the current adoption curve is across different sectors of the economy (see Figure 1).

Figure 1: The AI adoption curve remains steep across industries, but non-tech industry adoption rates are increasing.

Source: TripleTen, 2026

While tech leads the way, finance emerges as a clear second: 48% of finance workers have been asked to use AI chatbots, and 32% have been asked to automate parts of their workflow. This demonstrates how rapidly knowledge work integrates AI once clear use cases emerge.

By contrast, sectors like healthcare (18% asked to use chatbots) and education (25%) reflect lower initial exposure. Because these broad industry categories encompass a mix of specialized hands-on professionals, clinical or instructional personnel, and back-office administrative staff, universal adoption was never going to happen overnight. Integrating automated tools into compliance-heavy or human-facing operations requires a more deliberate pace, which is reflected by the lower numbers.

The AI skills workers are being asked to learn

Across all surveyed industries, 79% of workers report being asked to learn at least one skill they didn’t previously have. Looking at the specific competencies demanded in tech today offers a preview of the skill sets likely to shift into other sectors (see Figure 2).

Figure 2: Workforces across industries are learning new skills.

Source: TripleTen, 2026

Although some of these sound like niche skills confined to tech, many of them will translate to frontline work across sectors—from hospital systems managing patient logistics to school districts processing administrative reporting.

One skill gets less attention than it should. Only 30% of managers and owners call judging whether AI output is right or wrong an absolute must, which puts it sixth on a list of seven. As AI tools reach more industries, this is the skill that catches mistakes before they cause problems. It is also where work experience helps most: To spot a wrong answer, you need to know what the right one looks like.

How early AI adoption helps your career

Early AI adoption offers clear professional leverage: TripleTen’s survey data shows that when managers learned a new skill or automation process from an employee, 88% of those employee-led AI innovations became standard company practice.

In early-adopting industries, employees who identify repetitive administrative tasks and use AI tools to streamline them have a voice in shaping organizational policy. As healthcare networks, educational institutions, and retail operations begin broader rollouts of AI-enabled software, workers who understand how to validate outputs, prompt models, and automate routine tasks will hold a strong advantage. Being the person who can streamline administrative overhead promises better chances for retention, promotions, and wage growth.

Ana Riabova, the AI strategy and enablement lead at TripleTen, says, “Everyone talks about saving time, but the real win with early adoption is expanding what you can actually do. People who get ahead are using it to handle things they used to have to hand off. It doesn’t matter how senior or junior you are. You keep your core skills, but suddenly you aren’t boxed in by them anymore.”

The AI resource gap: Who pays for training and how workers learn

If non-tech industries absorb these tools more gradually, the challenge for workers lies in getting access to quality learning resources. Workers’ out-of-pocket investment in training varies significantly by industry:

  • Tech: $1,758 average (13% spent $0)
  • Finance: $1,664 average (24% spent $0)
  • Healthcare: $990 average (45% spent $0)
  • Education: $883 average (42% spent $0)

Nearly half of healthcare and education workers spent nothing out of pocket on professional development last year. Furthermore, tech workers actively leverage a larger variety of learning channels (see Figure 3).

Figure 3: Professional development efforts mirror the AI adoption curve.

Source: TripleTen, 2026

Tech workers are nearly twice as likely as all workers to use AI chatbots as learning tools (48% vs. 27%), and more than twice as likely as workers outside tech (21%), effectively using AI to accelerate their acquisition of other skills.

However, ask workers whom they trust most to teach them a new job skill, and they choose someone currently doing that job (31%). Fewer pick an official certification program (19%), an AI tool (16%), or a university professor (6%).

Conclusion

The difference in AI adoption rates across industries is not a story of who is succeeding and who is failing. Rather, it’s a timeline of how technology diffuses through an economy. Tech and finance are testing the mechanics of AI integration today. For workers in healthcare, education, retail, and manufacturing, the current phase provides a valuable window to observe which skills generate real productivity gains—allowing them to build those competencies before they become standard industry expectations.

This content was produced by TripleTen. It was not written by MIT Technology Review’s editorial staff.

The Download: the claim shaking up AI and the internet’s agent problem

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This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.

“We were looking at it wrong”: The explosive claim that’s upended the AI world

“I think I have good news about the nature of neural networks.” With those simple words of optimism, Nick Cammarata, a researcher at AI startup Goodfire, kicked off a 26,000-word blog post that has knocked the AI world on its head, sparking wild speculation as well as cautious (and not-so-cautious) celebration.

Cammarata claims that LLMs might be far easier to understand, and thus to monitor and control, than people previously thought. If true, it’s a huge deal. But not everyone is convinced.

I talked to Cammarata the day after his post blew up. We discussed what he thinks researchers are getting wrong, what his work actually shows, and why skeptics aren’t ready to celebrate just yet.

Read the exclusive interview to find out what Cammarata’s claims could mean for AI.

—Will Douglas Heaven

Making the internet better for AI agents might make it worse for everyone else

Until recently, you could split internet users into just two categories: bots and people. But personal AI agents are slowly but surely disrupting that divide by taking on online tasks, from booking flights to reserving hotel rooms. Meta’s Muse alone was downloaded 5 million times in its first month.

The mingling of these agents with human visitors—on an internet designed largely to prioritize people—has gone poorly, with many websites blocking AI agents.

If that demand keeps rising, the internet could be redesigned for agents rather than people. Find out what that could mean for the rest of us.

—James O’Donnell

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.

1 The US Army is trying to get AI agents to hack its enemies
Documents outline a plan to let software find and disable targets. (Intercept)
+ But experts warn they could damage unintended systems. (Gizmodo)
+ AI agents could deepen inequality in developing nations. (Rest of World)
+ “Humans in the loop” in AI warfare is an illusion. (MIT Technology Review)

2 The OpenAI bugging suspect allegedly had Saudi government support
A filing cites royal-family contacts and a military-funded flight. (BBC)
+ The FBI says he had a folder called “Saudi Gov Docs.” (Ars Technica)
+ A judge denied him bail despite a Saudi consulate offer to pay. (CNBC)

3 The US has banned DeepSeek from civilian government systems
Products built using DeepSeek’s models are also banned. (CNBC)
+ The US has sanctioned China’s Y Combinator over AI theft. (Bloomberg $)
+ What’s next for Chinese open-source AI? (MIT Technology Review)

4 Europe is trying to build its own version of Starlink
Four major carriers are exploring a joint bid for spectrum. (Verge)
+ A stratospheric airship has tested a cell tower in the sky. (Ars Technica)
+ Stratospheric internet could take off this year. (MIT Technology Review)

5 Trump officials asked a federal cyber agency to hack voting machines
CISA employees turned down the request. (ProPublica)
+ AI persuasion is entering elections. (MIT Technology Review)

6 US fossil fuel projects are gaining ground again
The White House is backing gas as data center demand rises. (Verge)
+ A climate report row could give polluters a reprieve. (New Scientist $)

7 El Niño is causing sea levels to rise rapidly
Coastal flooding could worsen from Alaska to Chile. (New Scientist $)
+ El Niño could make 2027 even hotter. (MIT Technology Review)

8 Experienced scientists disrupt less, but their ideas last longer
New research shows they produce more lasting breakthroughs. (Nature)
+ A new wave of private labs is challenging US science.(Economist $)

9 Everyone’s buying EVs, except Americans
Drivers don’t want to sacrifice convenience or familiarity. (Atlantic $)

10 Influencer photoshoots are getting the boot at beauty spots
Hotspots are banning them to protect peace and privacy. (Guardian)

Quote of the day

“They all truly hate each other, and they’re all trying to make as much money as they can as fast as they can.”

—JB Pritzker, governor of Illinois, tells The Verge that the fierce competition between AI companies is complicating efforts to regulate the industry.

One more thing

Is fake grass a bad idea? The AstroTurf wars are far from over.

In 2001, Americans installed just over 7 million square meters of synthetic turf. By 2024, that number was 79 million square meters—enough to carpet all of Manhattan and then some. The increase worries folks who study microplastics and environmental pollution.

While the plastic-making industry insists that synthetic fields are safe if properly installed, lots of researchers think that isn’t so. Find out why AstroTurf has ignited heated debates.

—Douglas Main

We can still have nice things

A place for comfort, fun, and distraction to brighten up your day. (Got any ideas? Drop me a line.)

+ Movie nerds, gather round: This interactive database is like IMDB on steroids.
+ FYI for fellow soup fans—pumpkin and coconut milk are a match made in heaven.
+ Now here’s a fun debate topic… What’s the best kind of music to dance to?
+ Bad news, grumpy people! A positive mindset seems to help protect against colds and flu.

JPMorgan Brings JPM Coin to Ethereum in Major Institutional Blockchain Expansion

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  • Kinexys by J.P. Morgan said on 19 October that JPM Coin (JPMD) is now live on the Ethereum mainnet for the bank’s institutional clients.
  • The token launched on Base in November 2025 after B2C2, Coinbase and Mastercard tested issuance and redemption in a proof-of-concept.
  • Kinexys says its platform has processed more than US$4 trillion (AU$5.72 trillion) since inception and averages US$7 billion (AU$10.01 billion) a day across all its services.

JPMorgan has put its JPM Coin deposit token on the Ethereum mainnet, giving the bank’s institutional clients a second public blockchain on which to move US dollar deposits.

Kinexys by J.P. Morgan, the bank’s blockchain unit inside J.P. Morgan Payments, announced the expansion on Monday. Its token carries the ticker JPMD and has run on Base since November 2025. Base is the Ethereum Layer 2 network built within Coinbase.

JPM Coin is a deposit token. Each unit is a digital representation of a US dollar deposit held at the bank, in JPMorgan’s description at launch. The bank’s approved institutional clients can send those units peer-to-peer between wallets in the Ethereum Virtual Machine ecosystem, now on both chains.

Read more: AI Agents Have Made 138 Million Crypto Payments, Chainalysis Finds

Ethereum Chosen for Liquidity

Kinexys said Ethereum’s depth of onchain liquidity and tokenised assets made it the natural next public blockchain for the token. Large institutions active in crypto and tokenised real-world assets want onchain cash from established banks that works with the deposit products they already use, the unit said.

J.P. Morgan Asset Management put a tokenised money-market fund on Ethereum in May, and JPM Coin now sits beside it on the network. The bank’s first JPM Coin launch on Base followed a proof-of-concept that began in June 2025. B2C2, Coinbase and Mastercard completed near-instant issuance and redemption of JPMD on Base in that test.

Kinexys Labs global head Emma Landriault said tokenised financial infrastructure is already restructuring liquidity, settlement and digital-asset workflows.

Issuing JPM Coin first on Base and now on Ethereum is a meaningful step towards providing our institutional clients with multi-chain optionality for moving wholesale money across both the web3 and traditional finance ecosystems.

Kinexys Volumes Across All Services

Kinexys says its platform has processed more than US$4 trillion (AU$5.72 trillion) in cumulative transactions since inception, with an average daily volume of US$7 billion (AU$10.01 billion).

Those figures come from the unit’s internal data and cover every Kinexys service, which the bank says it has operated since 2015. JPMorgan published the same two numbers in August alongside a Harvard Business School case study on the unit. Neither publication breaks out JPMD volumes on Base or Ethereum.

Before the public-chain launches, Kinexys offered blockchain deposit accounts on the bank’s own permissioned ledger. JPMorgan said the deposit token can support programmable treasury functions from clients’ wallet interfaces and is designed to integrate with smart contracts on public networks.

At the Base launch, Kinexys global co-head Naveen Mallela said the token pairs bank-backed deposits and settlement with round-the-clock, near real-time blockchain transactions.

Ethereum Institutional co-founder Matthew Dawson said: “It’s a clear signal that institutional finance is moving onto public, verifiable infrastructure.”

Read more: US Inflation Spooks Markets, Sends BTC Below $82K Amid Rate Hike Fears

Solana Treasury Firm SkyAI Sells Entire Holdings After Previously Accumulating Two Million SOL

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  • SkyAI said on 19 October that it held about US$223.8 million (AU$320.03 million) in cash as of 16 October and had completed the sale of all its SOL.
  • Its cash tender offer at US$3.00 (AU$4.29) a share or warrant opened on 16 October and expires on 29 October, with a full take-up costing about US$201.3 million (AU$287.86 million).
  • Holder Bastion Trading, with about 9.99% of the stock, says it will not tender and wants at least US$3.50 (AU$5.01) plus disclosure of the SOL sale prices.

SkyAI has sold its entire Solana treasury and opened a US$3.00 (AU$4.29) a share tender offer for up to 95% of its stock and warrants, five weeks after reporting more than two million SOL.

The Nasdaq-listed company said on Monday that it held about US$223.8 million (AU$320.03 million) in cash as of 16 October and no longer owned any SOL. Its offer, open since Thursday, will cost about US$201.3 million (AU$287.86 million) if fully subscribed. SkyAI will pay from cash on hand without borrowing.

The offer covers 67.1 million shares and warrants. It expires one minute after 11:59 p.m. New York time on 29 October.

Read more: Ripple Expands Institutional Reach With RWA Swaps and RLUSD Partnerships

Five Weeks From Two Million SOL

SkyAI reported on 14 September that it still held more than two million SOL. That stake ranked fourth among public companies on CoinGecko’s tracker before the sales, behind Forward Industries, DeFi Development and Upexi.

On 11 October, the company said it had sold about one million SOL, roughly half its holdings, and announced the tender. Its balance was down to about 600,000 SOL in a filing two days later. By 14 October it held about 210,000 locked SOL and US$204.6 million (AU$292.58 million) in cash. Those sales went through BitGo, Anchorage and Coinbase at an average of US$107.51 (AU$153.74) a token net of fees, SkyAI said.

The offer was to depend on SOL staying above US$100 (AU$143). That condition is gone because SkyAI no longer holds the token. SOL traded at US$105.24 (AU$150.49) on Tuesday, according to CoinGecko.

Bastion Refuses to Tender

Bastion Trading, which owns about 9.99% of SkyAI, said on 14 October that it would not tender. It wants the price lifted to at least US$3.50 (AU$5.01), new independent directors on the board, and disclosure of when and at what prices the SOL was sold. Bastion put SkyAI’s net asset value at about US$3.30 (AU$4.72) a share with SOL at US$110 (AU$157.30), and said about 70% of the treasury went in under a month.

“Absent timely and meaningful action, Bastion Trading is prepared to pursue all available legal remedies to protect its investment and stockholders’ rights,” Bastion stated.

SkyAI says the price is a 65% premium to its US$1.82 (AU$2.60) close on 9 October. It puts the offer at about 0.95 times its net asset value.

Its board rejected an unsolicited proposal from Forward Industries at 0.306 Forward shares per SkyAI share. Forward holds more than seven million SOL and borrowed against them in March to fund a buyback. Bitcoin treasury company Strategy instead sold 1,690 BTC in August to buy back its preferred stock.

SkyAI was Sharps Technology until May and says it is now building an agentic finance platform on Solana stablecoin rails.

Read also: AI Agents Have Made 138 Million Crypto Payments, Chainalysis Finds

AI Agents Hack More Than 100 Websites, Including Australian Targets, for Just US$5,000

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  • A hacker used autonomous AI agents to attempt more than 1,200 intrusions, compromising websites belonging to over 100 companies across several countries.
  • The campaign reportedly cost as little as US$5K, with around 10% of observed attacks achieving their objectives.
  • Australian businesses were among the targets, including an e-commerce website where an AI agent gained the ability to execute server commands.
  • A separate group used AI agents to target cryptocurrencies and payment information, highlighting growing financial risks from automated cybercrime.

Concerns around AI agents and our data security don’t seem to be going away. After OpenAI revealed several instances where AI agents either accessed crypto wallets without permission or entered government websites without authorisation, a major hacking campaign is now drawing attention.

A Reuters investigation revealed that a hacker had compromised websites belonging to more than 100 companies after attempting over 1,200 intrusions. The original findings, published by cybersecurity firm NorForge, didn’t name the victims, but further reporting by Reuters identified high-profile firms such as tractor-maker Deere, engine manufacturer Cummins and SharkNinja, the well-known home appliance producer.

According to NorForge, the Chinese-speaking hacker relied heavily on AI agents and did little of the work himself. The attacks, which began in late September, targeted companies in the US, Canada, Japan and Australia, with the agents independently searching for weaknesses in websites and attempting to gain access.

The hacker used an AI-powered platform called Cairn, which allows users to assign tasks to autonomous agents. Once given a target and instructions, the system can explore possible vulnerabilities and develop ways to exploit them with little human intervention.

What makes the campaign particularly concerning is its relatively low cost. According to NorForge researcher Snorre Fagerland, the operation may have cost as little as US$5,000 (AU$7,160) in AI processing expenses, although the estimate comes with considerable uncertainty.

The researcher estimated that around 10% of the observed attacks achieved their objectives, with successful attempts taking approximately 23 hours on average.

Related: Cysic Suspends Bridge After Attacker Mints 10 Million Unauthorised Tokens

Fagerland, who has almost three decades of experience in cybersecurity, told Reuters that some of the methods employed by the agents were surprisingly sophisticated.

It’s not script kiddie stuff.

Snorre Fagerland

Australian Websites Among Targets

Australian businesses were among those targeted, with NorForge documenting one case in which an AI agent successfully gained the ability to execute commands on an Australian e-commerce website’s server.

However, the full extent of the damage remains unclear. Reuters said it couldn’t establish whether the intrusions resulted in stolen data. Deere and SharkNinja confirmed that they had addressed security incidents, while Cummins said it was investigating a possible attack involving a third-party website.

Crypto Also in the Crosshairs

The investigation also uncovered another group using AI agents specifically for financial theft, including attempts to steal cryptocurrencies and credit card information.

Unlike the Chinese-speaking hacker, whose main objective appeared to be gaining access to websites for possible later exploitation, this separate group was more directly focused on obtaining financial assets.

NorForge found that the agents were instructed to retrieve crypto and payment information, sometimes with little more than a basic objective to guide them. In some cases, the technology was also used to transfer funds between crypto wallets.

The findings raise further concerns about the use of autonomous AI systems in cybercrime, particularly as increasingly sophisticated attacks can apparently be carried out at relatively little cost and with limited human involvement.

Related: Crypto Security Firm Says US$1.18 Billion Was Stolen in Third Quarter

Tony Dungy Suggests Christian Faith and Pro-Life Views May Have Played Role in NBC Sports Exit

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Former NFL coach Tony Dungy candidly discussed his recent departure from NBC Sports, suggesting his outspoken Christian faith and pro-life activism were significant factors after 17 years.

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Former NFL coach and sports analyst Tony Dungy believes his outspoken Christian faith and pro-life activism might have played a role in his removal from NBC Sports after almost two decades as a sports analyst at the network.

Speaking with former SportsCenter anchor Sage Steele on her podcast, “The Sage Steele Show,” the Super Bowl-winning coach said his exit from the network was due to NBC executives wanting younger personalities, but added that other factors may have been at play as well.

“They want you to be careful because they want to attract everybody,” Dungy responded, referring to the TV industry. “They don’t always appreciate you speaking about your faith.”

He maintained that he will uphold his faith and values regardless of the opposition from the entertainment industry, The Christian Post reported.

“I’m always going to do that, and I’m going to try to do it in a respectful way, but people are going to know that I’m a Christian,” he stated. “So, that part is never going to leave.”

Dungy also recalled that NBC executives were unhappy with his participation in the 2023 March for Life, where he was asked to speak because “it was an important topic to me,” but he did not face immediate backlash.

 “We kind of let it go. They knew where I stood. I knew where they stood.”

In 2024, Dungy expressed opposition to a proposed amendment to the Florida Constitution that was about “extending abortion beyond a certain time, and it was written very, very deceitfully,” the outlet reported.

“I went on social media and said, ‘Hey, if you live in Florida, make sure you read this and understand what they’re saying and understand what you’re voting for.’ And it got a million-something views,” the former NFL analyst and coach recalled.

While Dungy says his pro-life activism may have led to his departure from NBC Sports, he said that reason was not entirely conclusive but, at the same time, “it really doesn’t matter.”

In a social media post in March, the former Buccaneers and Colts coach, after his removal from NBC, explained that he wasn’t sure what he would be doing next but that he was excited to see what the Lord had in store for him.

“God has always directed me in these moments and while I’m not sure what the next step will be for me—whether it will be in football, in broadcasting, or getting more involved in church and community outreach —I know God has plans for my life and I can’t wait see them unfold,” he wrote on X/Twitter back in March. “And I am reminded of one of my favorite verses in the Bible-Romans 8:28. ‘God works all things for His good for those who love the Lord.'”

When looking back on his time at NBC, Dungy looks back fondly at his time there and the memories he made with his fellow broadcasters and analysts.

“It was fun,” Dungy told Steele. “It was enjoyable. Rodney Harrison and I came in together at the start of the 2009 season. And I thought, ‘Yeah, I’ll try this and see what happens. Maybe a year or two, we’ll see.’ And it ended up being 17 years. He and I together, and it was a special time. But the Lord has something else now.”

When speaking about who and what influenced him as a Christian, he credited both of his parents, but especially his mother. 

“My parents were very, very, just exceptional parents,” he said. “And my mom talked to me all the time about it’s not what you do, it’s how you do, who you do it for. She was a strong Christian lady.”

While his parents planted the seed of faith in Christ in him as he was growing up, he says his faith eventually grew stronger after he got to the NFL.

“Well, I got to the Pittsburgh Steelers as a rookie, and we had a team full of strong Christian guys, and that impacted me,” he said. “And my roommate was a guy named Donnie Shell, and he took me to the team Bible studies, took me to the chapel service and he said, ‘You got to start living your faith.'”

Photo Credit:©Getty Images/Scott Halleran/Staff


results Milton QuintanillaMilton Quintanilla is a freelance writer and content creator. He is a contributing writer for CrosswalkHeadlines and the host of the For Your Soul Podcast, a podcast devoted to sound doctrine and biblical truth. He holds a Masters of Divinity from Alliance Theological Seminary.

Originally published October 20, 2026.

Take a Tour Inside LeBron and Savannah James’s Los Angeles Home

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“This one has been in the family for a long time,” says LeBron James, welcoming us into his and his wife’s Los Angeles home in a new installment of Vogue’s Objects of Affection video series. The piece he’s talking about? It’s not a family heirloom or the comfiest chair in the living room—it’s a hyperbaric chamber.

The chamber is a vital part of LeBron’s postgame recovery and a place of refuge, but this particular one is a no-go for Savannah. “It’s a little bit too small and claustrophobic for my wife,” he says. “For me, I don’t mind jumping into this little cocoon here and reaping the benefits.” Among the benefits? Some peace and quiet. “My ass go to sleep when I get in there. I don’t want to talk to nobody, see nobody, hear from nobody,” LeBron says, as Savannah laughs.

“Sports have taught me so much about life,” LeBron continues, moving on in the tour to show his four NBA championship trophies on the mantel, including his first one with the Miami Heat in 2012. Tonight, LeBron makes his regular-season debut for the Philadelphia 76ers, taking on the Knicks in New York.

LeBron also showcases a beloved Louis Vuitton jean jacket. “We like stuff that feels good and looks good on us—it doesn’t always have to have a label on it,” he says, explaining that without attention to detail, you might not know the jacket was by the designer. “That’s the quiet luxury of it all. We love a quiet luxury moment,” Savannah adds, before showing her “not-so-quiet” Ugg x Palace slides.

Savannah then shares a Cartier Crash skeleton-face watch that she got for LeBron for their anniversary. In September, the high school sweethearts celebrated 13 years of marriage. (But, as Savannah points out, receiving gifts is actually not at the top of the list of their love languages.)

LeBron and Savannah have a few opposites-attract moments in the video. LeBron calls their cold plunge “one of the best places in the house,” and Savannah disagrees. “It’s too cold,” she says, adding that LeBron can stay in it the longest. In the kitchen, they show a dazzling array of treats that they call “Dessert Row,” including rainbow confetti mini-cakes, chocolate cake (“You need a Willy Wonka golden ticket for that,” LeBron quips), and more.

One of their most prized possessions is a Jean-Michel Basquiat piece, “Minor Success,” which LeBron explains is one of the artist’s first works with the crown motif. “It resonated to not only me, but it resonated to our family,” LeBron says. Savannah also shares a bracelet that has their three children’s heartbeats on it, along with LeBron’s initials on the clasp. When she travels, she says, “It’s a reminder that they’re always with me.”

Fittingly, LeBron and Savannah also keep their kids with them when driving in their LeBron James Edition Mercedes-Maybach S 680 car, which has the birthdates of Bronny, Bryce, and Zhuri inscribed inside. “Always got the kids with us,” LeBron says. The car is a special one-of-two edition; the other one is being auctioned off to benefit the LeBron James Family Foundation.

Here, see all of that and much more in LeBron and Savannah James’s Objects of Affection video.

Director: Starr Nathan
Director of Photography: Brandon Widener
Editors: Michael Suyeda, Katie Wolford

Producer: Chase Lewis
Camera Operator: Jacob Patrick
Gaffer: Samuel Grant
Audio: Tonben Decenario
Production Assistants: Lauren Boucher, Hope Millner

Production Coordinator: Tanía Jones
Production Manager: Kristen Helmick
Senior Line Producer: Jen Santos

Assistant Editor: Fynn Lithgow
Post Production Coordinator: Holly Frew
Supervising Editor: Kameron Key
Post Production Supervisor: Alexa Deutsch

Talent Manager: Randi Peck
Executive Producer: Rahel Gebreyes
Senior Director, Digital Video: Romy van den Broeke
Interim Director, Creative Development, Video: Ella Mielniczenko
Senior Director, Programming: Linda Gittleson
VP, Video Programming: Thespena Guatieri

Artwork Courtesy of © Estate of Jean-Michel Basquiat. Licensed by Artestar, New York

Over $963,000 worth of graded Pokémon and sports cards were stolen from FedEx

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fixtures Andrew Liszewski

is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2006, but has loved all things electronic since he was a kid.

Last week over 200 packages of graded trading cards being shipped back to their owners were stolen from a FedEx truck parked outside the headquarters of Professional Sports Authenticator (PSA) in Santa Ana, California, according to a report by The Athletic. PSA is one of the largest third-party sports and hobby card grading companies in the world and it reported to the Santa Ana Police Department that the majority of the stolen packages had an approximate value of over $963,000, but that amount could further increase as PSA continues the process of confirming exactly which cards included in the shipment were taken.

In a statement shared to its website, Collectors Holdings, the parent company of PSA, acknowledged the theft and that it’s working closely with local law enforcement and FedEx as the investigation continues. In response to the incident the company says it has “notified marketplace partners so they can be on the lookout for rare and serialized items” to help prevent the stolen cards from being resold. All cards graded by PSA are assigned a unique certification number that the company has since deactivated for all the cards that have so far been identified as stolen.

Collectors Holdings also says it has contacted affected customers to arrange compensation based on the fair market value of their missing collectibles, but “up to the maximum insured value for each item selected by the customer prior to grading,” according to the report.

In a video posted over the weekend, YouTuber Sky-B Cards identified themselves as one of the victims of the theft and shared the response they were sent by PSA. They had paid $8,468 to have 104 collectible sports cards graded by the company, many of which are irreplaceable, and had opted to insure the order for up to $156,000. It is not yet known what compensation they have received. Other collectors affected by the incident have started to reach out to another YouTuber, Boston Card Hunter, who is working to compile a shared list of serialized cards that were stolen including detailed descriptions of each one in hopes it can help other collectors identify them.

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These Conservatives Fought an Ill-Fated War, but Recovered and Won the Next Election

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World Cup

Foreign Affairs

J.D. Vance could learn a thing or two from Harold Macmillan.

Rugby World Cup The Suez Crisis 1956:British Troops on Tank

The Anglo leader looked across the globe and saw a Muslim nation, which had already been stirring things up, potentially threatening a vital waterway. At the same time, Israel had its own beef against that country, and was pushing for a joint first-strike. So together, the two governments launched a military attack.

But things did not go well. Casualties were low, but the political blowback was shattering.

Is this a sketch of the ongoing conflict between the United States and Iran? Some might so assert, and that can’t be helped. Yet these are the outlines of the Suez Crisis of 1956.

Back then, Britain, Israel, and also France joined together to “safeguard” the Suez Canal and to take the anti-colonialist Egyptian leader, Gamal Abdel Nasser, down a peg. Not many celebrate that conflict, but for those who do, 70th anniversaries are coming up, starting with October 29, when Israel commenced Operation Kadesh, followed a few days later by the Anglo-French Operation Musketeer.

The attacks were a military success, but a political failure. Amid international uproar, a ceasefire was declared, and the foreign forces were soon withdrawn, leaving Nasser to declare victory. Many cheered his willingness to stand up for the liberationist aspirations of not only Arabs, but also the entire Third World (then a fresh phrase, coined four years earlier).

So yes, history rhymes, and yet each historical moment sounds its discordant notes. For instance, back in 1956, the U.S. strongly opposed the Suez operation. President Dwight Eisenhower, a retired general, had seen enough of fighting; in fact, when he came into the White House in 1953, his top priority was to settle the Korean War, which he did. The 34th president was, for sure, a determined Cold Warrior against the Soviet Union, but he wanted to keep the focus on opposing communism, not snuffing out the various nationalisms then springing up, including in Egypt. As they say in the Army, the main thing is to keep the main thing the main thing—and for Eisenhower, that meant containing Moscow, not Cairo.

Moreover, Ike’s secretary of state, John Foster Dulles, epitomized an earlier era in U.S. diplomacy, when the State Department strove to be even-handed—critics said, pro-Arab—in the Middle East.

Eisenhower and Dulles worried that the Suez invasion would inflame the Egyptians and others, driving them toward the Soviets, who were encouraging movements of “national liberation.” So as the crisis unspooled, Washington and Moscow found themselves on the same side, telling the invaders to get out.

Suez is generally reckoned as the last hurrah of British imperialism. Yes, there’d still be overseas missions to come, but, with the glaring exception of Tony Blair’s invasion of Iraq, the United Kingdom’s appetite for wars of choice had basically abated. (The story of France is similar; as for Israel, well—it’s different.)

Yet there’s another aspect to the Suez saga that should be heartening to conservatives, if not neoconservatives: Parties of the right might make a geopolitical mistake, but if they can fix it, changing their errant ways, they can recover their political standing. Indeed, they can win even bigger in the next general election. That’s what happened in the UK back in the 1950s, and the precedent is worth a ponder.

In the meantime, here’s an American precedent to consider: When U.S. presidents launched wars of choice that didn’t turn out well, their instinct was often to double down—and it was costly for them and their party (as well as, of course, for the country).

For instance, as the Vietnam War started to look quagmire-y in the mid-1960s, President Lyndon B. Johnson sent more troops. The results were huge defeats for Johnson’s Democrats in the 1966 and 1968 elections (including the loss of the presidency). Similarly, as the Iraq War turned into a disaster in the mid-2000s, President George W. Bush hung tough on the “moral clarity” of the mission and then “surged” more troops. For their part, the voters didn’t approve: Bush’s Republicans were walloped in the 2006 and 2008 elections, including again the loss of the White House. The lesson is clear: If you make a mistake, get out as quickly as you can.

The British prime minister who ordered the Suez attack was Anthony Eden, a capital “C” Conservative. The revulsion against him was severe; his health suffered a collapse that was described, publicly but unconvincingly, as a purely physical ailment. In search of relief, Eden traveled not to a hospital, but to the Caribbean, spending nearly a month at the Jamaican estate of the James Bond novelist Ian Fleming.

Upon his return to London, Eden agonized for another month before announcing his resignation on January 9, 1957. Doctors’ orders, he claimed. (Wags said Eden had committed Suez-cide.) Interestingly, once freed from the stresses of office, Eden lived another 20 years, unrepentant about his military misadventure. (The idea that a leader wouldn’t wish to admit a mistake is unsurprising—it’s certainly familiar to American Republicans, surveying their party’s presidents over the last few decades.)

Yet now the Suez saga starts to get decidedly cheerier for the party of the right—and offers hope to conservatives on this side of the Atlantic.

Eden’s successor at 10 Downing Street was Harold Macmillan, who had been serving in the cabinet as chancellor of the exchequer. So Macmillan’s portfolio was finance, not foreign policy. As a member of the team, he had supported Operation Musketeer, albeit while harboring private concerns; his own preferred solution was a peaceful and international economic consortium to subsume the Canal controversy in foreign investment. That was, of course, a road not traveled, but when the fog of war was lifted, Macmillan had no clear fingerprints on the Suez stinker.

That fuzziness served him well in the byzantine succession process that followed Eden’s withdrawal: Macmillan was acceptable to the Edenite dead-enders in the Conservative Party, as well as to more dovish members.

One of the most acute studies of the man captures his essence. Macmillan: A Study in Ambiguity was the title of Anthony Sampson’s 1967 analysis. Sampson quotes Macmillan’s assessment of the situation, given to his son-in-law: “I think Anthony’s going to have a rough ride for the next few weeks. In fact, I shouldn’t be surprised if he lost his seat.”

Mindful that Macmillan was more positive in public, Sampson raised, and then dismissed, the theory that Macmillan had actually encouraged Eden to launch the war, so that he, Macmillan, who was three years older, could get the younger man out of the way. (For what it’s worth—probably more for theatricality than veracity—this sneaky scenario was included in the Netflix miniseries The Crown.)

The new premier’s most urgent task was repairing Britain’s relationship with the United States; as Randolph Churchill would write:

Among the most serious consequences of the Suez debacle was that it nearly destroyed the Anglo-American alliance. It was one of Mr Harold Macmillan’s greatest acts of statesmanship that he was able to heal the breach so very soon after he became Prime Minister.

Macmillan’s great strength was measured deliberation. He was, after all, a chess player and a reader who preferred novels to newspapers.

Born in 1894 to bourgeois wealth—the family business, Macmillan & Co., was even then a publishing powerhouse—young Harold would seem to have had it easy. Yet he had to overcome adversities, from a bullied childhood to a cuckolded marriage.

And, most profoundly, the experience of the First World War. Macmillan volunteered for the army, where he met men very different from those he had known at Oxford. As he told his family in a letter from the front:

A company has just passed my house, back from a long route march, singing wonderfully the dear soldier songs, with silly words and silly tunes, but which somehow seem, sung by their great childish voices, from the depths of their very lovable hearts, the most delicate music and the most sublime poetry. Indeed, of all the war, I think the most interesting (and humbling too) experience is the knowledge one gets of the poorer classes.

In 1915, he was shot through his right hand; for the rest of his life, he could never manage a firm handshake.

Macmillan recovered well enough to be sent back to the front, where, at Ginchy, France, on September 15, 1916, he sustained his most grievous wound. Macmillan biographer D.R. Thorpe sets the scene, incorporating Macmillan’s own words of recollection:

Caught by machine-gunners from the left flank, Macmillan was hit in the left thigh and in the pelvis, and “rolled down into a large shell-hole, where I lay dazed, but not—at first at least—unconscious.” For the next ten hours he intermittently dozed, treated himself with morphine, feigned death as Germans skirted round the shell hole.

He was rescued from no man’s land by Company Sergeant Major Norton and a team of stretcher bearers. These experiences left him with both only a lifelong shuffling gait and a deeper social outlook:

He developed an empathy for those who suffered with him, and for the first time an understanding of those who had not had the advantages of his upbringing and education… and resolved after the war to pursue the Disraelian political ideal of “One Nation.”

So while Macmillan was always a Conservative in politics, he was also always a moderate, rejecting both laissez-faire and socialism. In 1938, by then a rising figure in Parliament, he published a book that defined his corporatist worldview. Its title: The Middle Way.

Fast-forward to 1957. As recalled by yet another Macmillan biographer, Alistair Horne, one Tory member of Parliament wrote at the time that “everybody feels such a load of depression, because an ill man was led by illness into folly.” The MP was referring, of course, to Eden. Horne continues:

The country at large had never felt flatter, more discouraged, more bewildered or more uncertain of the future. The picture was of a Britain thoroughly menaced, at odds with America, all her alliances shaken after Suez. The nation too had become infected by Eden’s disordered bile duct.

Yet while the psychological impact of Suez was seismic, by a cold numerical reckoning, it was something of a blip. In a week of fighting, just 16 British soldiers were killed (add to that 10 French soldiers and 177 Israelis; Egyptian losses, meanwhile, were closer to 1,000).

So here we can pause over a parallel on Iran today. While the political backlash against the Iran war has been enormous, nevertheless, a utilitarian calculus might count this conflict as small in the scheme of things. As this author observed in these pages nearly three months ago, American deaths in the Iran conflict total fewer than two dozen; even after an upward revision in October, the figure remains small. For purposes of comparison, in 2025, a total of 828 American service personnel died of various causes while on active duty.

The point here is not to minimize the carnage of the Iran war. Rather, a look at actual numbers can help put matters into proportion. Indeed, perspective helps make clear the possible analogy to that earlier misfired Mideast war, seven decades ago, which hurt the responsible political party, but not for long—once that party made the right repairs.

The beginning of the Conservative recovery after 1956 could be seen in the way the war was framed by opponents, who attributed it to Eden personally. During the fighting, Aneurin Bevan—a longtime Labour mainstay, soon to be the party’s spokesman on foreign affairs—roared to an anti-war rally at Trafalgar Square:

Sir Anthony Eden has been pretending that he is now invading Egypt to strengthen the United Nations. Every burglar of course could say the same thing; he could argue that he was entering the house to train the police. So, if Sir Anthony Eden is sincere in what he is saying, and he may be, then he is too stupid to be a prime minister.

Echoing Bevan, The Daily Mirror, then the largest-circulation newspaper in Britain, headlined “Eden’s War.”

The opposition’s focus on Eden was, in fact, a gift to the Conservatives, because once the singular bogeyman was gone, the Tories didn’t look so bad; neither Macmillan nor anyone else in his government talked about “finishing the job” in Egypt. As for imperialism in general, some 14 British colonies gained their independence during Macmillan’s tenure; in 1960, his “wind of change” speech in South Africa received worldwide attention.

With their fears of endless war allayed, and with Macmillan’s charming of Eisenhower and Dulles, Britons could return to domestic concerns, and were free to recall the privation suffered under six years of Labour rule, 1945–51, when the socialist regimen was price controls and queues. (The National Health Service, enacted under Labour, was, of course, enduringly popular; Macmillan’s Conservatives wisely made their peace with the NHS, even as they tweaked it.)

Macmillan’s truly was the Middle Way, tilting only slightly to starboard. Margaret Thatcher recalled in her memoirs, with a tincture of right-wing disdain, “The natural path to promotion and success at this time lay in the centre of politics and on the left of the Conservative Party.”

As Macmillan said of his governing philosophy, “Our first objective must be to keep the party together, at all costs united.” With that in mind, in a 1957 address to his fellow Tory MPs, he paddled toward platitudes, while keeping his partisan pointedness:

I hear a lot of silly talk about the Left and the Right. To the broad stream of our philosophy there are many tributaries. Indeed we are always adding to this flow as the Parties of the Left break up into a kind of delta of confusion. And so our great river flows on triumphantly to the sea.

Macmillan posted a sign on the door to the Cabinet room: “Quiet calm deliberation disentangles every knot.” Thorpe adds that the new PM was eager to disentangle one knot in particular: “He made sure that this coded distancing of himself from the frenetic atmosphere of the Suez crisis became widely known.” Indeed, writing from the vantage point of 2011, Thorpe detailed Macmillan’s irenic activities and added his own tart comment: “Unfortunately, the lesson was not heeded at the time of the Iraq invasion in 2003.”

Providentially, the British electoral calendar gave Macmillan time to breathe, and he made the most of it, focusing on peace and prosperity. “Let’s be frank about it,” he said in 1957, “most of our people have never had it so good.”

Then, in his 1959 re-election campaign, Macmillan’s party operatives sharpened the contrast with the socialists: “Life’s better with the Conservatives. Don’t let Labour ruin it.” Voters agreed: The Tories were returned with an increased majority in Parliament. Even Thatcher, first elected to Parliament that year and well to the right of her leader, recalled, “On top of the sense of prosperity, there was an awareness that in Harold Macmillan Britain had a statesman capable of acting a distinguished role on the international stage.” (In fact, Macmillan’s big-tent governance made room for Thatcher: She would later accept a junior ministerial position.)

For a time, he was so popular that he was dubbed “Supermac,” and the moniker was only semi-ironic. Yet by 1963, Macmillan was almost 70 years old; four decades in public life had worn him down, and so he left office.

His was a worthy career in service to his country. Amid all the terrors and radicalisms of the 20th century, Macmillan had steered the ship of state on a safe and steady course. To be sure, other successful politicians on the right have had the same idea: In the 1920s, Republicans won on “normalcy” and “Keep Cool with Coolidge.” In the 1950s, Konrad Adenauer’s Christian Democrats won West German elections using the slogan Keine Experimente! (“No experiments!”). And in 1984, the Reaganite GOP reminded voters, “It’s morning again in America… Why would we ever want to return to where we were less than four short years ago?”

This is the obvious winning formula for parties of the right: We’re careful, we won’t do risky or dumb things. Most conservatives think they think that way—the challenge is to prove it. And so if a conservative leader veers off track, well, the conservative party had better get back on track, for the sake of the country, as well as itself.

In America today, the electorate does not seem pleased with its leadership. The incumbent party faces severe challenges, and yet the opposition party, too, is mistrusted. Still, somebody has to win in November, and the auguries bode better for blue than for red.

Yet whatever happens in 2026, the more consequential election comes in 2028. In the meantime, if we listen carefully, we can hear the historical rhyme of Vice President J.D. Vance with Macmillan. To be sure, Vance was not born rich, and yet he, too, is a book-reading war veteran, well placed in the succession order.

Still, there’s a rip in the rhyme: It’s known that Vance privately opposed the Iran war, whereas Macmillan supported the folly of Suez. But, just like Macmillan in the 1950s, Vance is a team player and a party-builder—for better or worse, he’s no Thomas Massie. The VP keeps his focus on the other party.

In September, Vance said, “I’m not asking anybody to agree on every single policy of the administration. What I am asking you to do is to recognize the contrast with the radicals.” Continuing in that vein, he added, “Do not throw the baby out with the bath water. Don’t give the country over to a bunch of crazy people because you happen to disagree with us on a policy issue here or there.” These points are now, in fact, a feature of his stump speech.

Whatever happens in the 2026 elections, we can look ahead to 2028 and anticipate that the Democrats—including their ascendant hard left—will be emboldened. This will put their foibles more fully on display, and so make them more vulnerable, as Vance already suggests, to a thorough comparing-and-contrasting.

If Republicans can get back to being the normal party of peace and prosperity, they can say in 2028, in the spirit of Macmillan’s successful campaign of 1959, “Life’s better with Republicans. Don’t let Democrats ruin it.”

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Of course, the preceding paragraph starts off with a big “if.” Can the GOP put foreign war in the rearview mirror, as did Macmillan? Some are already comparing the Iran war to Suez, and yet some had earlier compared the Iraq War to Suez—and yet obviously that lesson then didn’t stick. So in 2028, a victory-minded Republican will have to work extra hard to convince voters that this time, the GOP president will stick to a vision of prudent restraint. Be a normal conservative, pushing peace and prosperity, not regime change somewhere in the Middle East.

If so, the same Republican can then put the onus on Democrats for their abnormal ideas and impoverishing agendas (and yes, point to the riots in France as a warning of what happens when progressive open-border policies meet the engorged welfare state).

We can’t yet know whether such messaging will win in 2028. Yet the British version won in 1959. And we know that history rhymes.

Stellar Growth Puts XLM Price in Focus as Technical Setup Signals Potential Move

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Stellar has reported growth in stablecoin activity, tokenized assets, and developer participation in its third-quarter report ahead of Meridian. The network also highlighted new Tier 1 validators, two protocol upgrades, and 99.99% uptime. Meanwhile, the XLM price is trading near $0.176 as crypto analyst Crypto With Gopal identifies a falling wedge pattern. A breakout above $0.180 could support a recovery toward $0.190, while $0.220 remains a broader upside target if bullish momentum strengthens.

Stellar Reports 121% Growth in Stablecoin Volume

According to Stellar’s Q3 report, stablecoin volume increased 121% quarter over quarter, while real-world assets (RWAs) on the network reached $4.1 billion.

The increase indicates the rising involvement of Stellar in payments and financial products that leverage blockchain technology. Stablecoins are used for dollar digital transfers and settlements, whereas tokenized assets represent traditional financial instruments in blockchain.

A little light reading for the trip to Meridian? The Q3 report is here:

🔥 Stablecoin volume grew 121% QoQ
🔥 RWAs on Stellar reached $4.1 billion
🔥 Monthly active developers hit 3,922
🔥 New Tier 1 validators and 2 protocol upgrades
🔥 99.99% uptimehttps://t.co/F60YsOMXSg

— Stellar | Meridian Oct 28-29 (@StellarOrg) October 19, 2026

Moreover, Stellar has had 3,922 monthly active developers, Tier 1 validators, and protocol upgrades as well. The network has maintained 99.99% uptime, indicating its commitment to being reliable as its usage grows.

These events present an overall picture of Stellar’s ecosystem development. However, growth in the network does not necessarily mean that there will be more XLM demand or a price rise.

Also Read: XLM Price in Focus as Stellar Flips Aptos in Stablecoin Supply

Rising RWA Adoption Strengthens Stellar’s Market Position

The tokenization, which has led to $4.1 billion RWAs, has become one of the most important trends within the Stellar ecosystem. With financial institutions looking into settlement and asset distribution using blockchain technology, such networks are likely to draw more uses and users.

The rise in the volume of stablecoins also holds importance since it represents increased activity in regard to digital dollar trades. In conjunction with developer engagement, these numbers imply that Stellar has been growing in multiple fields within blockchain finance.

However, the value of the reported RWA and the volume of the stablecoin represent different types of activity within the network. Neither of these values proves demand for XLM, and thus, traders have to analyze developments in the ecosystem along with other market statistics.

XLM Price Faces Resistance at $0.180 as Wedge Tightens

XLM has been consolidating at $0.176, according to a Crypto With Gopal analysis that notes the formation of a falling wedge formation on the price action of XLM. According to the analyst, a breakout past $0.180 will see a reversal attempt towards $0.190, with a bigger picture target at $0.220.

The current resistance level at $0.180 will be an important level to look out for. Breaking above the level could mean a reversal is in sight, but a reversal pattern is not a confirmation by itself.

sex XLM price prediction

Source: Crypto With Gopal’s X Post

However, on the negative side, the performance of XLM on its near-term support level of $0.174 will be closely watched by traders. A breach below this level will undermine the recovery formation for the token.

Meridian Conference Puts Stellar’s Ecosystem in Focus

The Meridian conference by Stellar, which is due shortly, can give additional information on its future development, partnerships, and infrastructure efforts. This conference will present the ecosystem progress in terms of payments, stable coins, and tokenized assets.

In addition, investors will be watching to see if the network is able to maintain its purported growth momentum and whether XLM will have enough buy interest to break above $0.180 resistance.

Any successful breakout should pave the way towards $0.190, with a further advance needed to test $0.220. A failure to do so could see XLM range-bound despite the network’s positive third-quarter numbers.

What Comes Next for XLM?

The Q3 Stellar report reveals growing usage of stablecoins, $4.1 billion in RWAs, and developer participation. These factors add to the case for network adoption, although XLM will need to pass a technical test given its sustained downward movement. The key resistance at $0.180 will be important for its recovery prospects, with possible levels of $0.190 and $0.220 on the upside.

Also Read: XLM Price Breaks $0.20 as Buyers Target Further Gains

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Democrats Demand Tougher Standards for Companies Running Medicaid Systems

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A group of Democratic senators is demanding that the federal agency overseeing Medicaid — the health coverage program for people with low incomes or disabilities — institute tougher standards for government contractors running complex computer systems that millions of people rely on to get benefits.

Three Democratic senators issued recommendations a year after launching an inquiry into companies — Deloitte, General Dynamics Information Technology, Gainwell Technologies, and Conduent — that are paid billions in taxpayer dollars to build or run eligibility systems for safety net health coverage. Those benefits, provided to the poorest Americans, can mean the difference between having medical care or going without.

A handful of states directly operate their Medicaid eligibility systems, but most rely on contractors to build and run them. KFF Health News found that Deloitte dominates this slice of government business. Deloitte-run systems have been plagued by errors that can result in eligible people losing their health coverage, previous KFF Health News investigations have shown. Malfunctions can cost millions of taxpayer dollars and take years to fix.

“Administrative errors in this line of work are not like errors in other fields,” the senators wrote in a new report. “There are life-and-death consequences for sick Americans who seek care only to find that their Medicaid coverage has been terminated.”

President Donald Trump’s signature tax and domestic policy law has mandated Medicaid changes that are forcing states to adapt their computer systems on a compressed timeline. Medicaid policies under the One Big Beautiful Bill Act add red tape and restrictions that make it harder for people to stay enrolled.

Those include the first federally mandated work requirements in Medicaid’s history. Next year, to keep benefits, millions of adult Medicaid enrollees in more than 40 states must prove they’re working or doing a similar activity for at least 80 hours a month, unless they qualify for an exemption.

Democratic senators Ron Wyden of Oregon, Elizabeth Warren of Massachusetts, and Raphael Warnock of Georgia say the new restrictions — layered atop computer systems with histories of problems — will result in large numbers of people improperly losing health coverage.

State eligibility systems “have been built up, patched, and frankensteined for decades,” the senators said.

The senators sit on the powerful Senate Finance Committee, which oversees government health programs such as Medicare and Medicaid. Many of their recommendations target the Centers for Medicare & Medicaid Services. Their ideas face long odds at the moment. Republicans control executive branch agencies, and any potential legislation would need to advance in a Republican-controlled Congress.

That balance of power could shift if Democrats win a majority of Senate seats in November’s midterm elections. The three lawmakers called on CMS to establish mandatory standards in state contracts with companies so states can receive federal funds.

These companies sign contracts with state governments, but the federal government approves them and pays the bulk of the cost. The federal government covers 90% of state costs to develop and implement state Medicaid eligibility systems and 75% of ongoing maintenance and operations expenses, according to federal regulations.

The lawmakers also said CMS should publicize the contracts and contract amendments. Currently, those documents can be obtained from state governments, but accessibility varies significantly.

The senators also said CMS should publicly disclose companies’ performance data and change orders. Change orders are used to adjust computer systems, and states set aside millions of dollars for them. But systems may require fixes beyond the agreed-upon work.

“The millions of Medicaid enrollees who will be required to prove their eligibility every six months, to document every hour of work on a glitchy portal, to find a doctor willing to certify that their cancer or their chronic condition is bad enough to qualify for an exemption — deserve contractors who are accountable for what happens when the system fails them,” they wrote.

In October 2025, the three Democratic senators, as well as Sen. Bernie Sanders (I-Vt.), sent letters to several companies that CMS identified as eligibility system contractors. At the time, they wrote that it is each company’s responsibility to build functioning eligibility systems, “rather than to prioritize their bottom line.”

As of June, 66 million people were enrolled in Medicaid, according to CMS.

The lawmakers had asked the companies about their contracts, lobbying expenditures, and protocols for making changes in light of system errors, among other issues. The companies provided the lawmakers with some details but often did not answer their questions.

The companies said states are responsible for making the final call on whether a person receives benefits. State workers approve or deny eligibility, Deloitte said in its response letter, “not a private contractor or an automated system acting alone.”

The companies did not provide the senators with specific details about documents or processes they use to help states make eligibility determinations.

The companies also denied they have any financial incentives to remove people from Medicaid. Conduent said it gets paid less if enrollment drops.

The companies did not say whether states are on the hook for paying to fix the companies’ errors.

Deloitte, Gainwell, GDIT, and Conduent said it’s common for states to require that they meet certain performance metrics.

Gainwell told lawmakers, “We take seriously the issues raised.” GDIT said it would answer additional questions from lawmakers.

Deloitte said in its response to the lawmakers: “We are proud of our work serving individuals and families across the U.S.”

CMS did not respond to a request for comment.

CMS takes steps to check whether Medicaid eligibility systems are working properly. As part of the process for certifying states’ systems, federal officials check certain metrics. They include whether states are correctly calculating people’s incomes, whether individuals are given timely eligibility decisions, and whether eligibility categories are accurate. However, it is rare for the federal government to withdraw federal money from states for falling short.

In August, CMS announced it intends to develop standards for Medicaid systems. The ultimate goal is to improve enrollees’ access to care and their experiences with these systems, CMS said. The agency also has said the standards will hold companies accountable to deliver systems that are “continuously improving” and have a “stronger capacity to implement critical policy changes.”

AMD joins UXL Foundation as steering member, backs oneDNN for PyTorch

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news

AMD has joined the UXL Foundation as a steering member. The move is designed to push forward work on integrating the oneDNN library with PyTorch, one of the most widely used frameworks for building deep learning models.

AMD and Intel, who have competed for decades over the CPU market, have agreed to make oneDNN the default open-source library for x86 acceleration in PyTorch.

news What AMD and Intel actually agreed to

AMD’s new role became official on October 20, 2026. It marks a step up from the company’s earlier status as a general contributor to the foundation.

The headline commitment is the shared default. When PyTorch runs deep learning workloads on x86 CPUs, oneDNN is set to be the standard library handling the heavy math underneath.

The stated goal is to reduce fragmentation across AI software stacks for x86 CPUs. Today, a developer optimizing for one chip vendor can end up maintaining separate code paths for another. A shared default could trim that duplicated effort.

AMD continues to build out its own ROCm software ecosystem and to maintain its PyTorch partnerships independently of this arrangement.

news Where oneDNN and the UXL Foundation fit in

The UXL Foundation was set up in September 2023. It operates under the Joint Development Foundation, which sits within the Linux Foundation.

oneDNN is one of the foundation’s core projects. It offers a unified API for high-performance deep learning primitives across x86, Arm and RISC-V CPUs, plus select GPUs.

PyTorch, TensorFlow, ONNX Runtime and OpenVINO all use oneDNN, which means a change in how oneDNN works can ripple through a large share of the AI tooling landscape.

oneDNN includes experimental support for AMD GPUs via SYCL HIP and ROCm.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.

OpenAI’s Karan Singhal wants AI to shrink the 17-year medical guideline lag to hours

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New medical research can take somewhere between 5 and 17 years to show up in the clinical guidelines doctors actually follow. OpenAI thinks that window could collapse to days, hours, or even minutes.

That was the pitch from Karan Singhal, who leads health AI research at OpenAI, during an a16z podcast episode on October 20, 2026. A study published today might shape the care of a patient who isn’t born yet. Singhal would like to speed that up.

The lag problem, and OpenAI’s proposed fix

By his count, the gap between a finding and its arrival in guidelines and physician behavior runs anywhere from 5 to 17 years.

OpenAI’s answer leans on its general-purpose AI models and a product called ChatGPT for Clinicians. The tool is designed to turn dense medical literature into practical guidance a doctor can use. The goal is to get that translation done within days, hours, or minutes.

OpenAI launched ChatGPT for Clinicians in April 2026. It gives verified US clinicians access to advanced models along with HIPAA options. Before launch, the product went through testing involving approximately 7,000 conversations. OpenAI reported a 99.6% safety and accuracy rating from that round.

HealthBench and the physician feedback loop

OpenAI built HealthBench as a benchmark for evaluating how AI handles clinical situations. It relied on input from 262 physicians, who wrote rubric criteria for judging responses to realistic clinical scenarios.

HealthBench uses 48,562 physician-written criteria to evaluate 5,000 realistic conversations. The physicians involved came from 26 specialties and 60 countries.

Singhal stressed that this kind of physician-sourced data matters during model training, not just after. His view is that close collaboration with doctors is what keeps AI tools aligned with what healthcare professionals actually need right now.

Early results from the field

OpenAI has pointed to a study with Penda Health as early evidence. Across 39,849 patient visits in July 2025, the study reported a 16% relative reduction in diagnostic errors. It also reported a 13% decrease in treatment errors.

Singhal also cited a figure that frames the whole conversation. More than 300 million people use ChatGPT for health and wellness questions every week.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.

Tether backs Tenstorrent’s $1.5 billion raise to widen access to AI computing

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news

Tether, the company behind the world’s most widely used stablecoin, has put money into AI chip developer Tenstorrent. The stated goal is to increase access to AI computing infrastructure.

The investment came through Tether Capital, the firm’s investment branch. It landed as part of a much larger financing event, and the numbers attached to that event are hard to ignore.

news A $1.5 billion round at a $6.2 billion valuation

On October 19, 2026, Tenstorrent announced it had completed a $1.5 billion Series E funding round. The deal set the company’s post-money valuation at $6.2 billion.

The jump is steep. Tenstorrent’s Series D in December 2024 valued the company at $2 billion, so the new figure more than doubles it.

Trace Capital and Innovation X led the raise. A long list of other financial firms joined, including ARK Invest and Fidelity Management, with Tether Capital among the notable participants.

news What the money is for

Tenstorrent plans to use the capital in three main ways. It will scale production of its Galaxy servers, push forward on AI and CPU technology development, and expand its commercial operations globally.

The Galaxy servers are the headline product. Each one packs dozens of Tenstorrent’s AI chips into a single system.

Tenstorrent already counts major clients such as Samsung and LG among its users.

news Why Tether is buying in

The investment fits a broader push at Tether toward decentralizing AI computing power. The idea is to reduce dependence on the handful of major cloud providers that currently control much of the world’s AI capacity.

news What this means for the AI and crypto crossover

The most direct read is that Tether is becoming an active capital allocator in technology well beyond payments. A stake in a fast-growing AI hardware company is a bet on infrastructure, not on tokens.

For Tenstorrent, the cap table tells its own story. Pairing long-standing asset managers like Fidelity with growth-focused investors like ARK Invest, and adding a crypto-native backer on top, gives the company a wide mix of capital sources.

What to watch next: how quickly Tenstorrent scales Galaxy server output, whether new enterprise customers join Samsung and LG, and whether Tether Capital continues adding AI infrastructure names to its portfolio.

Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.

Blockworks submits SEC comment letter on Regulation Crypto Assets

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Blockworks has formally weighed in on the SEC’s proposed Regulation Crypto Assets, the agency’s framework for how token offerings should work in the US. The crypto media and data firm filed a comment letter on October 19-20, 2026, right as the October 20 deadline arrived.

The pitch is fairly simple. Blockworks wants the SEC to let disclosures live onchain and to allow approved third parties to file them on behalf of token projects. It is also asking regulators to require projects to reveal several deals that rarely reach retail buyers.

What Blockworks is asking for

The core proposal is a new regulatory category called a Qualified Onchain Disclosure Agent. Think of it as a licensed filing service. A token project would hire one, and the agent would publish the required disclosures on the project’s behalf.

The letter also gets specific about what should be disclosed. Blockworks wants Reg CA to mandate line items covering market-maker agreements, liquidity arrangements, token loans, and payments to promoters.

The framework behind the letter

The comment letter is not coming out of nowhere. Blockworks is essentially asking the SEC to align federal rules with something it already built: the Token Transparency Framework, or TTF.

The TTF launched as an open-source standard on June 18, 2025. It asks protocols to disclose details such as token allocations, governance structures, and risk assessments.

Adoption has grown since launch. Reports cite between 84 and 160 total disclosures under the framework by late 2026, a range that reflects differing counts across sources.

The framework also has industry backing. The Transparency Alliance, launched in May 2026, supports the TTF and counts Coinbase and Kraken among its members.

What Reg CA would actually do

The SEC announced the proposed Regulation Crypto Assets on August 18, 2026. Its central feature is a set of tailored exemptions for token offerings, each with fundraising caps.

The first is a startup exemption. It would let a project raise up to $5 million over four years.

The second is a two-tier exemption. It would allow fundraising of up to $75 million within a 12-month span.

What this means for token projects and investors

For token projects, the stakes come down to cost and clarity. A Qualified Onchain Disclosure Agent model could give smaller teams a way to meet federal requirements without building a large in-house compliance operation. That matters most for startups using the $5 million exemption, where legal costs can eat a painful share of the raise.

There is also a competitive angle. If the SEC adopts a disclosure structure resembling the TTF, protocols already filing under that standard would have a head start. Exchanges in the Transparency Alliance, including Coinbase and Kraken, could find the transition smoother than firms that have not engaged with the framework.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.

NEAR Protocol launches NEAR Business for confidential treasury management

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NEAR Protocol has launched NEAR Business, a platform built to let crypto teams manage treasury operations privately across multiple blockchains.

What NEAR Business actually does

The service went live on October 20, 2026. It is a confidential multisig treasury management tool aimed at crypto-native teams and institutional players.

NEAR Business folds several back-office chores into a single dashboard. Those include payroll, vendor payments, cross-chain swaps and capital allocation.

The privacy piece runs on NEAR’s private shard infrastructure. Sensitive transaction details stay confidential, but they remain accessible for audit purposes.

Under the hood, each organization gets a self-custodial Treasury Contract on NEAR’s mainnet. The contract follows SputnikDAO multisig principles.

Chains, assets and the price tag

The platform supports transactions across more than 35 blockchain networks. That list includes Bitcoin, Ethereum and Solana, with support for more than 200 assets.

Cross-chain moves rely on NEAR Intents rather than third-party bridges. A team can swap assets between chains without routing funds through a separate bridge service.

The service is free to start, with no subscriptions and no per-seat fees. Teams can spin up unlimited treasuries and add unlimited users. There are no annual contracts.

Swaps on the platform carry a fee of 0.35%. Setup can be completed in minutes, according to the research findings. NEAR is positioning the product against enterprise offerings that charge $18,000+ yearly.

Features built for finance teams

Bulk payroll works through CSV upload. Instead of approving dozens of individual transfers, a finance lead can push an entire pay run in one batch.

Role-based approvals let organizations decide who can propose payments and who signs off.

Customizable exports round things out.

The target users are broad. NEAR is courting institutional desks and venture firms alongside crypto-native startups. For now, access is invite-only. Early teams can test the platform without paying subscription costs or per-seat fees.

Where this fits in NEAR’s 2026 roadmap

NEAR Business is part of a broader strategy the protocol has pursued through 2026, emphasizing integrated cross-chain execution and privacy enhancements.

The launch follows the earlier unveiling of near.com as a multi-chain super-app. The super-app serves individuals, while NEAR Business handles organizations, and both rely on NEAR Intents for cross-chain execution.

Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.

France: Curfews bring calm to Paris

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Synopsis

Paris returned to calm after a weekend marked by extensive rioting across various cities in France. Authorities implemented curfews to prevent further incidents and ensure public safety. Over 2,400 individuals were arrested during the protests against rising living costs and poor conditions. The National Assembly has initiated an inquiry into the violence and the police response to the riots.

swimming Curfews restore calm in Paris as French authorities tighten security following weekend riotsAP
Curfews restore calm in Paris as French authorities tighten security following weekend riots

PARIS: Paris returned to calm on Tuesday after its first quiet night since a weekend marred by France’s most destructive rioting in years, as authorities imposed curfews in several cities in an effort to prevent another round of rioting and looting.

At least 2,400 people were arrested after rioters in cities across France on Saturday clashed with police, set cars on fire, stormed public buildings and engulfed a historic city hall in flames, during nationwide protests against rising living costs and poor conditions in schools.

On Sunday evening, small groups set fire to trash bins, bicycles and other objects in the streets and looted businesses in Paris, Lyon, Marseille and other cities.

Also Read: Paris police issue overnight curfew in 2 areas of French capital to try to prevent further disorder

In the capital, a curfew ran from 11 p.m. on Monday to 6 a.m. Tuesday, and a police helicopter circled over Place de la Republique overnight, a central point in the weekend clashes, sweeping the square with a searchlight to check that the order was being respected.

Early Tuesday morning, workers used a crane to remove a giant fluorescent yellow vest draped over the statue at the center of the square, a reference to the ” yellow vest ” protests over fuel prices that began in 2018 and shook the first term of President Emmanuel Macron.

Workers then used pressure washers to blast graffiti off the monument.

“The targeted curfews helped keep last night calm,” Prime Minister Sebastien Lecornu wrote on X on Tuesday, adding that new curfews would be imposed that night “wherever the situation requires,” decided locally by prefects, the state’s representatives in each region, together with mayors.

Speaking in Lille, northern France, Justice Minister Gerald Darmanin said 149 people had been jailed nationwide as of Tuesday at noon. According to the Justice Ministry, of the roughly 2,500 people arrested since Saturday, more than 800 have been sent before prosecutors, most of whom were either put on trial immediately or ordered to appear at a later hearing.

In Paris alone, about 300 people have been sent before prosecutors following the Oct. 17 protests, the city prosecutor’s office said in a statement.

Darmanin said he asked prosecutors to appeal any sentence they considered too lenient. “People with no criminal record ending up in prison for property crimes is extremely rare, if not unheard of,” he said, arguing that the French justice system will be “extremely firm.”

In Lille, he said, three men aged 20 to 25 with no criminal record were each sentenced to 10 months in prison and imprisoned immediately for looting a video game store in the city’s old town.

The National Assembly, France’s lower house of parliament, is launching an inquiry into the Oct. 17 violence and the authorities’ policing strategy, its speaker, Yael Braun-Pivet, said, with findings expected “by the end of the year.”

A Year of Warnings, and the District’s Strategic Plan Proves Them Right

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To the Editor:

Over the past year, The Citizen has published three of my letters about Fayette County’s Exceptional Children’s Services (ECS) Department. Each one was treated, at the time, as the complaint of one frustrated parent. The Fayette County Board of Education’s 2026 Strategic Plan finally confirms, in the district’s own words, what those letters said.

The Citizen, October 23, 2025 : the staffing crisis. Fayette County BOE Doesn’t Understand the Assignment I wrote that the Board “doesn’t understand the assignment.” There were 17 open ECS positions on the county job board. At its October 20 meeting, the district acknowledged that many ECS paraprofessional roles were being filled through outside staffing agencies. I wrote that posting jobs and waiting for applicants “is not recruitment. It’s theater,” and I urged the district to adopt what other Georgia districts already use: retention stipends, career pathways and a stable, district-employed workforce.

The Citizen, February 3, 2026: shooting the messenger. Letter to the Editor : BOE threatens law enforcement – over emails At the January 12 work session, district leaders complained about “excessive emails” from parents and floated involving other agencies and law enforcement. I asked the Board what was driving those emails, and whether staffing shortages, service delays or systemic barriers in ECS were the real cause. I wrote then that treating persistent questions about IEPs as a threat instead of a warning sign has the priorities backwards.

April 1, 2026 the evidence: Letter to the Editor: Glazier Says FCBOE has Special Needs Shortcomings. I cited Georgia Department of Education data showing Fayette had 30 special-education due-process hearing requests, about 15.1 per 10,000 students, more than double Gwinnett County’s rate. By March 31, open ECS positions had more than doubled, to 35. I called for an independent audit of ECS, more resources and training, family-centered dispute resolution and enforced anti-retaliation protections.

Now read the FCBOE 2026 Strategic Plan. It calls for hiring itinerant teachers in high-need areas, and it names ECS first. It calls for studying retention supplements for hard-to-fill ECS positions, including TRIAD, Mainstay, ACCESS II and GOALS. It sets a target that at least 68 percent of students with disabilities be educated in the least restrictive environment for 80 percent or more of the school day. It promises family input and accountability reports.

Those are the shortages I described in October, the “systemic barriers” I asked about in February and the problems the data showed in April. A year ago I urged retention stipends. The plan now proposes retention supplements. A district does not write incentives for “hard-to-fill” positions unless it knows they are hard to fill. The concerns were not wrong. They were early.

The vacancies have not gone away. As of October 12, 2026, two months into the school year, the district’s job board lists 22 open ECS postings out of 59 total district postings, more than one in three. They include 13 paraprofessional positions, four ECS teacher positions (including a lead teacher), a speech-language pathologist, an occupational therapist, a social worker, a counselor and a bookkeeper. That is down from 35 in March, and I credit the district for that progress. But it is still more than the 17 I reported a year ago, and 22 open positions in October means children whose IEPs depend on staff who have not been hired.

Then there is Mainstay, and here the plan gets it exactly backward. Mainstay Academy is Fayette’s program in the Georgia Network for Educational and Therapeutic Support, or GNETS, the statewide system for students with emotional and behavioral disabilities. For a decade, the U.S. Department of Justice has been in federal court against the State of Georgia, alleging that GNETS unnecessarily segregates these children from their peers and gives them an inferior education. That is not a parent’s complaint. That is the federal government’s.

Other districts heard the message and acted. Cherokee County left GNETS in 2010. Gwinnett, Fulton and Atlanta Public Schools began pulling out for the 2024-25 school year and now use the same state funding to serve those students in their own programs. A federal judge ruled in 2025 that local school boards, not the state, control how GNETS money is spent. Fayette’s Board cannot claim its hands are tied. Every year Mainstay stays open is a choice this Board makes.

Instead of ending that choice, the strategic plan proposes paying retention supplements to keep Mainstay staffed. That is spending public money to preserve the very model the Justice Department has spent ten years trying to dismantle. Fayette should withdraw from GNETS, close Mainstay, and move that funding and staff into our neighborhood schools, where these children belong. Warehousing children is never the answer, and no strategic plan should pretend otherwise.

A strategic plan is a promise, not a result. In October 2025, I asked the Board to publish monthly staffing data. I am still asking. At least every quarter, the Board should publish:

  1. Open ECS positions by role and program, how long each has been vacant, and which are true vacancies versus “standing” postings.
  2. The number of ECS positions filled by long term substitutes or temporary agency staff versus district employees.
  3. Whether retention supplements were approved, for which positions, and their effect on turnover.
  4. Progress toward the 68 percent least-restrictive-environment target.
  5. The number of due-process requests, state complaints and mediations filed against the district.
  6. Publish the number of OCR complaints.

I also ask the Board to hold a public work session within 90 days on a written plan and timeline to leave GNETS and serve every Mainstay student in a home school. And I renew the requests from April: an independent review of ECS, family-centered dispute resolution and a clear, enforced policy protecting parents and staff from retaliation when they raise concerns.

Three letters. One year. The district has now put in writing that these problems are real. The parents who sent those “excessive emails” were not the problem. They were the early warning system. The Board should start listening the first time.

Chip Glazier
Peachtree City