National Grid donates to local food banks and pantries across New York to help combat food insecurity for families facing economic challenges.
https://poststar.com/news/local/article_6452e2e6-b053-4478-8d7a-a2da8851b208.html
Month: November 2025
Cardano whale loses 90% ADA after conversion to an illiquid stablecoin
Key Takeaways Why did the whale lose $6M? The low liquidity triggered fluctuations and a subsequent devaluation of the swapped funds. What’s the status of Cardano DeFi? Besides a relatively low TVL, Cardano’s ecosystem is struggling with a limited stablecoin supply. A Cardano [ADA] whale got a painful lesson on trading on illiquid platforms over the weekend. The 5-year-old holder swapped 14. 4 million ADA tokens, worth $6. 9 million, for only 847, 695 USDA, a little-known USD-backed stablecoin by Anzens on the Cardano blockchain. That translated to a $6. 05 million loss or about 90% devaluation of his initially transferred ADA stash. According to renowned Web3 security analyst ZachXBT, the fluctuation was due to the stablecoin’s low liquidity. Interestingly, the whale made a small transfer as a test before making the ill-fated large transfer. As of writing, he scooped Turtlecoin (TRTL) and other lesser-known coins. Cardano DeFi liquidity problem That said, the Anzens USDA had only $10 million in market cap, underscoring its liquidity risk, especially for large transactions. For a frictionless trading experience, the volume and liquidity of a platform, as well as its assets, are always crucial. Players can smoothly enter and exit positions without distorting the market or incurring losses in a more liquid venue. On centralized platforms, Binance, Coinbase, and others rank high in terms of liquidity, which attracts players with large orders. On on-chain platforms, DEXes across Ethereum [ETH], Hyperliquid [HYPE], Solana [SOL], and BNB Chain platforms have demonstrated significant liquidity depths, providing a smooth experience. But such depths are lacking across the Cardano ecosystem. Its low stablecoin supply is one of the telltale signs of Cardano’s DeFi inefficiency. It had only $38 million in stablecoin liquidity, mostly dominated by Moneta dollar (USDM) and Anzens USDA. In contrast, BNB Chain has a stablecoin supply of $13. 3 billion, while Solana has of $13. 4 billion. Hyperliquid, on the other hand, has $4. 7 billion. Put differently, Cardano has a stablecoin supply of less than 0. 3%, compared to Solana and BNB Chain. Its TVL (total value locked) is relatively low ($226m) as well. Yet, these are its L1 competitors. In June, Charles Hoskinson, the founder of Cardano, admitted that the limited stablecoin supply was harming its DeFi growth. Recent plans to integrate with the Bitcoin[ BTC] network or swap some of the ADA treasury into BTC have been met with mixed reactions. However, none appears to be addressing its DeFi issues, at least as of writing.
https://bitcoinethereumnews.com/tech/cardano-whale-loses-90-ada-after-conversion-to-an-illiquid-stablecoin/
Devils in action against the Lightning after shootout victory
**New Jersey Devils (13-4-1) vs. Tampa Bay Lightning (9-7-2)**
*Location:* Tampa, Florida
*Date & Time:* Tuesday, 7 p.m. EST
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### Game Overview
The Tampa Bay Lightning will host the New Jersey Devils on Tuesday evening, looking to bounce back after a tough loss. The Devils come into the game riding high following a 3-2 shootout victory over the Washington Capitals.
Tampa Bay holds a 4-5-0 record at home and is 9-7-2 overall this season. Notably, the Lightning struggle when they commit more penalties than their opponent, with a record of just 1-4-1 in those situations.
New Jersey, meanwhile, boasts a strong road record of 6-4-0 and an impressive overall mark of 13-4-1. The Devils have shown effectiveness in capitalizing on power plays, going 5-0-1 in games where they’ve converted at least one power play opportunity.
This matchup marks the second meeting between these two teams this season. The Devils won the first encounter 5-3, with Connor Brown leading the way by scoring two goals.
—
### Key Players to Watch
– **Anthony Cirelli (Lightning):** 7 goals and 4 assists
– **Brandon Hagel (Lightning):** 7 goals and 5 assists over his last 10 games
– **Dawson Mercer (Devils):** 9 goals and 6 assists
– **Simon Nemec (Devils):** 4 goals and 4 assists in his last 10 games
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### Recent Performance (Last 10 Games)
**Lightning:**
– Record: 7-3-0
– Average goals per game: 3.2
– Average assists per game: 4.9
– Average penalties per game: 4.5
– Average penalty minutes per game: 12.2
– Goals allowed per game: 2.6
**Devils:**
– Record: 6-3-1
– Average goals per game: 2.8
– Average assists per game: 4.3
– Average penalties per game: 2.5
– Average penalty minutes per game: 5.3
– Goals allowed per game: 3.2
—
### Injury Report
– **Lightning:** No injuries reported
– **Devils:** No injuries reported
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This highly anticipated matchup promises an exciting clash between two competitive teams as the Devils look to maintain their strong road performance and the Lightning aim to protect their home ice.
https://sports.yahoo.com/article/devils-action-against-lightning-shootout-091115769.html
Ignore our burgeoning autocracy at your own risk | Opinion
Ken Burke, MD, lives in New Portland.
The plan is obvious. As this president accumulates more power, as the Supreme Court behaves as his personal sanction board and docket-decision star chamber, and as Congress refuses to exert authority to confront executive illegality and usurpation of congressional prerogatives, our democratic government—like the East Wing—is being destroyed.
This reality forces the question: How many people in this country approve of dictatorial powers in the hands of this unstable individual?
As we slouch our way toward the abyss of a Franco-style totalitarian government, the loss of democracy means the loss of everything you hold dear: family; freedom of speech; the rule of law; and the freedom to attend church, mosque, or synagogue.
The attributes of fascism are well documented: cult of personality; breach of the rule of law; suppression of a free press; scapegoating ethnic, racial, or social groups; destruction of the independent judiciary; increasing use of military violence against citizens; and extrajudicial killings.
The cult of personality feeds delusions of grandeur, while the use of force inures the American public to increased violence and militarism. What is the purpose? You don’t believe he intends to step down, do you?
Trump understands he is a fascist. That is why antifa is his bête noire obsession. During WWII, our entire nation was antifa; we were antifascist to our bones, combating the dreadful forces of international fascism.
Over and again, Trumpian “emergency declarations” go unchallenged. The supposed rationales for presidential action are pretexts for illegal activity. These justifications are protean and imaginative: rampant crime; war in our cities; the enemy within; the radical left; antisemitism; fentanyl; terrorists and anarchists.
No cogent reasoning or proof is offered—simply ad-lib irrationalities to foster particular aspects of his plan.
Fascist takeover rarely happens in one fell swoop; rather, it is an inexorable drift of ongoing incremental change.
A perfect example of this creeping incrementalism is the National Guard in D.C. Initially, Trump stated they would not be carrying weapons. Days later, Hegseth announced they would carry weaponry.
The fawning invertebrates of the congressional cult, like Mike Johnson, our bobble-headed Speaker of the House, will—like the sweepers in a curling event—brush aside doubts and opposition.
https://www.pressherald.com/2025/11/17/ignore-our-burgeoning-autocracy-at-your-own-risk-opinion/
Peter Schiff Calls Strategy’s Bitcoin Model a Fraud, Challenges Michael Saylor to Debate
**Gold Investor Peter Schiff Labels Strategy’s Business Model a “Fraud” and Challenges Michael Saylor to Debate in Dubai**
Gold advocate and seasoned investor Peter Schiff has escalated his criticism of Strategy’s business operations, calling its entire model a “fraud” in a social media post on Sunday. Schiff, known for his strong stance in favor of gold over cryptocurrencies, took to challenging Strategy founder Michael Saylor to a public debate. The proposed debate is scheduled to take place at Binance Blockchain Week in Dubai, United Arab Emirates, this December. Additionally, Schiff extended a separate challenge to Binance co-founder Changpeng Zhao to participate in the same event.
His attacks come amid heightened downward pressure on Bitcoin, which has experienced significant market turbulence recently. Schiff argues that Strategy’s business model relies heavily on income-oriented funds purchasing its high-yield preferred shares. He claims these proposed yields are unlikely to be paid out in reality. Schiff warns that once fund managers realize this, they will start selling off the preferred shares, leading to a “death spiral” for Strategy. Such a scenario would make it increasingly difficult for the company to issue new debt, potentially accelerating its decline.
**Bitcoin’s Volatility and Strategy’s Stock Performance**
Bitcoin has fallen below the $99,000 mark recently, marking a decline of over 20% from its all-time high above $125,000 reached in October. The market experienced a significant flash crash on October 10, wiping tens of billions of dollars in value from the crypto sector. Currently, Bitcoin trades around $95,000, reflecting the ongoing volatility.
Strategy’s stock has also suffered substantial declines, dropping over 50% since July and now trading at approximately $199. Its mNAV (multiple on net asset value), which measures the premium over its underlying Bitcoin holdings, fell below 1 in November—a concerning sign for investors. Although it has since rebounded to 1.21, investors generally consider a healthy mNAV to be 2 or higher, indicating that the current market sentiment remains cautious.
**Michael Saylor’s Continued Confidence and Bitcoin Holdings**
Despite these challenges, Michael Saylor has hinted at further Bitcoin acquisitions. On social media, he posted a “Big Week” message accompanied by a portfolio chart indicating Strategy currently holds around 641,692 BTC. Based on recent Bitcoin prices, these holdings are valued at over $61 billion.
Strategy reportedly acquired its Bitcoin at an average cost near $74,000 per coin, and Saylor remains optimistic about future purchases. His willingness to accumulate more Bitcoin amidst market downturns underscores his firm belief in digital assets’ long-term potential.
**Gold Market Remains Resilient**
In contrast to cryptocurrencies, gold has maintained relatively stable pricing above $4,000 per ounce. It’s currently trading at approximately $4,085 per ounce. Gold experienced a brief dip below the $4,000 threshold but quickly recovered, reaching an all-time high of around $4,380 per ounce in October. At that peak, gold’s market capitalization surpassed $30 trillion.
Though there has been some retracement, gold remains a safe haven amid cryptocurrency market turbulence. Market analysts continue to monitor its performance as a stabilizing asset class.
**Market Insights and Future Outlook**
CryptoQuant analyst Maartunn has suggested that Strategy may announce another Bitcoin purchase soon, based on on-chain accumulation data. Meanwhile, Bitwise CEO Hunter Horsley has warned that Bitcoin’s traditional four-year cycle might be shifting. He noted that early selling by traders anticipating a downturn in 2026 could be accelerating the decline into 2025, indicating a potential paradigm shift in the crypto market’s behavior.
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*Stay tuned for updates on this developing story as the debate approaches and market conditions continue to evolve.*
https://coincentral.com/peter-schiff-calls-strategys-bitcoin-model-a-fraud-challenges-michael-saylor-to-debate/
WhistlinDiesel Explains Tax Charges, Insists He’s Being Targeted
YouTuber Cody Detwiler, better known as WhistlinDiesel, is speaking out again following his recent arrest on felony tax evasion charges. This time, he’s offering a more pointed explanation.
The 27-year-old was arrested on November 12 in Williamson County, Tennessee, in connection with sales tax allegedly owed on a 2020 Ferrari F8. The car made headlines after it went up in flames during one of Detwiler’s viral stunt videos.
Now, Detwiler says the charges stem from registering that Ferrari in Montana — a move he claims is common among luxury car owners and completely legal.
### “This Entire Thing”
In a series of Instagram Stories, the influencer claimed he believes Tennessee officials are targeting him to send a message to others in the high-end car community.
“This entire thing is about registering my Ferrari F8 in Montana (the car that burned down),” he wrote. “Montana doesn’t require sales tax on vehicles.”
Detwiler argues that the state is now trying to frame this move as criminal.
“They have an angle that this is tax evasion,” he said, warning his followers: “Do not move your Montana registrations to TN. This is exactly what they want and why they are trying to go after me.”
### ‘They Think It’ll Make a Wave’
The YouTube star, who has more than 10 million subscribers, claims authorities are trying to make an example out of him to crack down on similar registration tactics.
“They think it will make a wave through the luxury car community and bring in tax money,” he said.
Detwiler has maintained his innocence and revealed that he received no prior notice before the arrest. He also confirmed that he spent several hours in jail before posting bond. His first court appearance is scheduled for November 19.
### Viral Cars, Court Dates & “100% Real” Charges
The Ferrari at the center of the case appeared in a now-viral YouTube video where Detwiler drove it through a cornfield before it caught fire along with a nearby rental van.
“There goes half a million dollars,” he joked in the video. “I guess don’t drive in cornfields.”
In a follow-up post, he added a caption reading, “Won so big they thought I was cheating. (100% real, not AI).”
He also stated, “I have ALWAYS paid ALL of my taxes, and I’m still not sure what this is all for. I didn’t get a notice of any sort leading up to this.”
For now, Detwiler says he plans to keep his fans updated as the case moves forward.
https://tasteofcountry.com/whistlindiesel-explains-tax-evasion-charges-insists-targeted/
Happy Birthday Gene Clark (Byrds)
Happy Birthday, Gene Clark of The Byrds
Today, we celebrate the birthday of Gene Clark, a founding member of the legendary band The Byrds. His influence on folk rock and the music world continues to resonate, even though he is no longer with us.
In tribute to Gene Clark, Hüsker Dü delivers a powerful take on The Byrds’ classic song “Eight Miles High,” which Gene co-wrote. This remarkable cover showcases the lasting impact of his songwriting and the enduring legacy of The Byrds.
Check out Hüsker Dü’s rendition of “Eight Miles High” exclusively at MAGNET.
https://magnetmagazine.com/2025/11/17/happy-birthday-gene-clark-byrds/
Irfan Pathan picks Mumbai Indians playing 11 for IPL 2026; chooses Indian superstar as Impact Player
Former Indian all-rounder Irfan Pathan believes that five-time champions Mumbai Indians (MI) have all bases covered even before entering the IPL 2026 auction.
According to Pathan, the team’s strong combination of experienced players and promising youngsters gives them a significant advantage ahead of the upcoming season. This well-balanced squad allows MI to maintain their status as one of the most formidable teams in the Indian Premier League.
As the IPL 2026 auction approaches, Mumbai Indians are expected to strategically fill any remaining gaps, further strengthening their lineup and enhancing their chances of clinching another title.
https://www.sportskeeda.com/cricket/news-irfan-pathan-picks-mumbai-indians-playing-11-ipl-2026-chooses-indian-superstar-impact-player
Japan to reclassify crypto assets as financial products and lower taxes
**Japan Plans Major Crypto Overhaul: FSA to Recognize Cryptocurrencies as Financial Products, Proposes Fairer Taxation**
Regulators in Japan are set to introduce sweeping reforms for the cryptocurrency sector, aiming to classify digital assets as “financial products” under the Financial Instruments and Exchange Act. This move, driven by the Financial Services Agency (FSA), could transform how over 100 cryptocurrencies are regulated within the country.
### Cryptocurrencies Set for Reclassification
According to local media reports, the FSA plans to reclassify 105 cryptocurrencies—including major tokens like Bitcoin and Ethereum—placing them under the same regulatory framework as stocks and bonds. This reclassification would bring digital assets under established investor protection rules and enforce stricter market conduct standards.
Under the new framework, all approved digital assets listed on domestic exchanges would be subject to mandatory disclosures. Exchanges would be required to clearly outline information such as:
– The token’s issuer
– The underlying blockchain infrastructure
– The asset’s historical volatility
These measures are designed to enhance transparency and equip investors with better information when making trading decisions.
### Crypto Tax Overhaul on the Horizon
Japan has long been recognized as one of the earliest adopters of cryptocurrency regulation. However, its current regime is notably strict, with high tax burdens and heavy oversight—a combination that has dampened both retail and institutional participation.
At present, cryptocurrencies are taxed as “miscellaneous income,” subjecting high-income traders to rates as steep as 55%. This makes Japan one of the most punitive jurisdictions globally for crypto investors. The FSA is now pushing for a legislative change that would treat cryptocurrencies similarly to traditional financial instruments, proposing a flat 20% capital gains rate. This would provide much-needed relief to investors and promote fairer taxation.
Initial reports of the FSA’s intent surfaced in June this year, when the agency published a policy document calling for discussions on shifting crypto regulation under the Financial Instruments and Exchange Act.
### Enhanced Oversight and Market Integrity
Oversight remains a central objective for the FSA. The agency aims to introduce tougher controls to prevent insider trading in the cryptocurrency sector. The new proposal seeks to ban trading based on non-public information and introduce formal penalties for violators. These provisions would align crypto market standards with those of traditional financial markets.
The proposed legislative amendments are expected to be discussed in Japan’s regular parliamentary session in 2026.
### Japan’s Pro-Crypto Policy Direction
Much of the renewed momentum in Japanese crypto policy can be traced back to former Prime Minister Shigeru Ishiba, who highlighted the vital role of cryptocurrencies in addressing persistent social and economic issues. Current Prime Minister Sanae Takaichi has also demonstrated support for emerging technologies, with her administration expected to continue Japan’s pro-innovation direction.
Japanese regulators are further considering whether banks should be permitted to acquire and hold cryptocurrencies. Since 2020, FSA guidelines have effectively prevented banks from adding crypto to their balance sheets due to volatility concerns. However, the agency is reviewing these restrictions and may allow banks to participate in the sector under stringent risk management provisions.
### Looking Ahead
Japan’s planned regulatory and tax reforms signal a significant shift in the country’s approach to cryptocurrencies, from punitive measures to a more balanced and growth-oriented framework. As discussions continue and legislative proposals take shape, Japan could emerge as a leading, innovation-friendly jurisdiction for digital assets.
https://crypto.news/japan-to-reclassify-crypto-assets-as-financial-products-and-lower-taxes/
This actress out-earned Shah Rukh Khan and Salman Khan; Rajnikanth even wanted to marry her
**Highest Paid Actress in India: A Look Back at Sridevi’s Legendary Status**
Currently, Priyanka Chopra is India’s highest-paid actress, earning approximately Rs 30 crore for each film. In comparison, actor Allu Arjun stands as the highest-paid actor in India, commanding an impressive Rs 300 crore for *Pushpa 2: The Rule*. This significant difference highlights the ongoing gender pay gap in the industry.
### Breaking Barriers: The Actress Who Surpassed Even Top Actors
At one time, there was an actress who not only topped the earnings chart among women but also out-earned several leading male actors, including Shah Rukh Khan, Salman Khan, Chiranjeevi, Amitabh Bachchan, and Rajinikanth. This legendary star is none other than the late **Sridevi**, often regarded as one of India’s pioneering female superstars.
### Rajinikanth’s Admiration and a Marriage Proposal That Almost Was
Sridevi’s charm and stardom were so immense that even superstar Rajinikanth had once wanted to marry her. The two shared screen space in films like *Ranuva Veeran*, *Pokkiri Raja*, and *Chaalbaaz*. According to filmmaker K. Balachander, Rajinikanth made a bold attempt to propose to Sridevi. However, just as he was arriving at her home, an unexpected power cut occurred. Being superstitious, Rajinikanth took it as a bad omen and left without expressing his feelings — an event that reportedly prevented him from ever revealing his emotions to her again.
### A Trailblazer Who Set New Records
In the 1990s, Sridevi was frequently recognized as one of the highest-paid actors in India. She made history by being the first Indian actress to demand Rs 1 crore for a film. It is believed she had set this precedent during the production of the 1993 film *Roop Ki Rani Choron Ka Raja*, which was among the most expensive Indian movies of its time.
During this period, the only actor charging higher fees was Chiranjeevi. However, Sridevi quickly upped her prices, and by the mid-90s, even with established stars like Kamal Haasan and Amitabh Bachchan joining the 1-crore club, Sridevi’s remuneration was reportedly higher than theirs.
### Outearning the Khans and Defining an Era
While young stars like Shah Rukh Khan, Salman Khan, Aamir Khan, Sunny Deol, and Sanjay Dutt were still establishing themselves, Sridevi reigned supreme. A Hindustan Times report notes that from 1992 to 1997, these actors earned between ₹50-75 lakh per film — a figure significantly lower than Sridevi’s earnings. The Khans only managed to join the 1 crore club after Sridevi stepped away from films in the late 1990s.
### Versatility Across Industries
Sridevi’s unmatched versatility and pan-India appeal established her as a top figure across the Hindi, Tamil, and Telugu film industries. She was one of the rare actresses capable of carrying films on her own, with notable solo-led hits such as *Chandni*, *Gumraah*, *Army*, and *Laadla*. She often secured more prominent roles than her contemporaries and commanded higher fees than many male co-stars in that era.
### A Hiatus and Triumphant Comeback
At the peak of her career, Sridevi took a voluntary hiatus after becoming pregnant with her first child, Janhvi Kapoor, with her husband, producer Boney Kapoor. Following the release of *Judaai* in 1997, she stepped away from films for nearly 15 years to focus on her family.
During this period, Sridevi made a brief return to the screen with the TV series *Malini Iyer* (2004-05). Her big-screen comeback came in 2012 with *English Vinglish*, which was met with critical acclaim. She later appeared in notable films such as *Puli* (2015) and *Mom* (2017).
### Legacy and Final Years
Sridevi’s life was tragically cut short in 2018 due to accidental drowning. However, her legacy as India’s highest-paid actress of the 1990s, a trailblazer who shattered glass ceilings and redefined stardom, remains unparalleled in Indian cinema history.
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*From setting historic pay records to captivating audiences across multiple languages, Sridevi’s journey reflects the remarkable talent and groundbreaking achievements of one of India’s most beloved actresses.*
https://www.bollywoodlife.com/photos/this-actress-out-earned-shah-rukh-khan-and-salman-khan-rajnikanth-even-wanted-to-marry-her-3282748/