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Warning Pattern on Bitcoin Chart Puts $100,000 in Danger
NFT Gaming

Warning Pattern on Bitcoin Chart Puts $100,000 in Danger

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The weekly chart of Bitcoin starts showing warning signs that could have serious consequences. The Bollinger Bands, in particular, show that the price might drop below $100,000. That is a line that has been a major support level for the whole crypto market, both technically and in a psychological sense.

The setup is clear on the one-week time frame: Bitcoin rejected the upper band near $124,000 and is now sliding back toward the midline around $107,000. BTC has hit the top of this channel several times in the past, and each time, it has dropped after a short rise. 

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If the midband does not hold, the lower edge of the structure comes into play near $88,000, which would mean a loss of the six-figure price point.

Source: TradingView

The pattern is important because it is consistent. Earlier this year, a dip into the lower band marked the start of a strong rebound, while rejections in March and July signaled extended drawdowns.

This latest move looks a lot like those earlier reversals, so it seems like the market might be entering a corrective phase again, even though there was optimism after the $124,000 peak.

What’s next for Bitcoin?

The outside world is making the situation more fragile. With Bitcoin, the combination of technical rejection and macro uncertainty make it more likely that there will be a deeper retreat if buyers cannot hold the $100,000 level.

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For now, the $100,000 line is being used as the dividing point. If it closes below that this week, it will confirm the Bollinger Bands signal and bring attention to $88,000 per BTC as the next big thing to watch.



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MAGA Puts Wikipedia in Its Crosshairs
Product Reviews

MAGA Puts Wikipedia in Its Crosshairs

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In recent times, conservative forces have sought to take control of the information ecosystem in which we all live. In the case of social media, you can buy an existing platform (say, Twitter) or, in the case of Trump, simply start your own. In the case of public broadcasters like PBS and NPR, you can defund them. When it comes to open-source and decentralized information resources like Wikipedia, however, it appears the plan may be to find evidence of a nefarious conspiracy that justifies reworking the platform to your liking.

This week, two prominent Republicans, Rep. James Comer (R-Kentucky) and Nancy Mace (R-South Carolina), both of whom play influential roles in the Committee on Oversight and Government Reform, announced plans to probe into everybody’s favorite digital encyclopedia. In a letter that Comer and Mace sent to the Wikimedia Foundation (which helps run the site), they asked for internal documents that might show evidence of bad actors who had commandeered Wikipedia for their own ends. The letter, dated Aug. 27th, states that the committee is…

…investigating the efforts of foreign operations and individuals at academic institutions subsidized by U.S. taxpayer dollars to influence U.S. public opinion. We seek your assistance in obtaining documents and communications regarding individuals (or specific accounts) serving as Wikipedia volunteer editors who violated Wikipedia platform policies as well as your own efforts to thwart intentional, organized efforts to inject bias into important and sensitive topics.

“Inject bias,” eh? We wouldn’t want our media to be biased, would we? Better to be fair and balanced, right? Wait…where have I heard that before?

In a not particularly surprising twist, the letter also mentions Israel:

Multiple studies and reports have highlighted efforts to manipulate information on the Wikipedia platform for propaganda aimed at Western audiences. One recent report raised troubling questions about potentially systematic efforts to advance antisemitic and anti-Israel information in Wikipedia articles related to conflicts with the State of Israel.

Yes, if people are writing bad things about Israel online, it’s clear that just has to stop. What isn’t clear is what, exactly, the committee plans to do if it finds evidence of “injected bias.” Whatever it is, you can be sure it’ll be annoying. Gizmodo reached out to the committee for more information about their probe and will update this story when we find out more.



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Splinter Cell: Deathwatch Trailer Puts Sam Fisher Back In Action
Game Updates

Splinter Cell: Deathwatch Trailer Puts Sam Fisher Back In Action

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Sam Fisher hasn’t starred in a Splinter Cell video game in over a decade, but he’s getting his comeback this fall. Netflix has released a new trailer for Splinter Cell: Deathwatch, an animated series that sends Sam on another mission, and it’s set to debut on October 14.

Michael Ironside voiced Fisher in most of the Splinter Cell games, but the leading role in this series will now be filled by Liev Schreiber. There aren’t a lot of story details in the trailer beyond Sam kicking some butt and taking names. But the trailer does pause long enough to focus on the grave of Douglas Shetland, one of Sam’s friends whom he was forced to kill when he went rogue. If the animated series is following the plot of the games, this would set the story somewhere around the Pandora Tomorrow/Chaos Theory period.

The other cast members currently confirmed for the series are Janet Varney as Anna “Grim” Grímsdóttir, Kirby Howell-Baptiste as Zinnia McKenna, and Joel Oulette as Thunder. John Wick co-creator Derek Kolstad is the head writer and producer for Deathwatch, and the animation was provided by Sun Creature Studio and Fost.

Unfortunately, this may be the only Splinter Cell adaptation on the horizon. A live-action movie was in development for several years before the project was canceled last year. The most recent adaptation was a BBC Radio play called Splinter Cell: Firewall, which featured Andonis Anthony as Fisher.

Ubisoft announced a Splinter Cell remake in 2022, but hasn’t yet set a release date. The publisher also recently added Steam achievements to Splinter Cell: Blacklist, which was released in 2013.



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The Pixel 10 Pro puts generative AI right inside the camera
Product Reviews

The Pixel 10 Pro puts generative AI right inside the camera

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At The Verge, we like to ask “What is a photo?” when we’re trying to sort out real and unreal images — especially those taken with phone cameras. But I think there’s another question that we’ll want to add to the mix starting right now: what is a camera? With the introduction of the Pixel 10 Pro and Pro XL, that answer is more wild and complicated than ever, because generative AI isn’t just something you can use to edit a photo you’ve already taken; it’s baked right into the camera itself.

I’m talking about Pro Res Zoom, which is not to be confused with Apple’s ProRes video format or Google’s Super Res Zoom, so help us all. Pro Res Zoom kicks in when past 30x, all the way up to 100x digital zoom. Typically, the camera uses an algorithm to help fill in the gaps left by upscaling a small portion of your photo to the original resolution. Typically, the results look like hot garbage, especially when you get all the way to 75x or 100x, despite every camera maker’s best efforts over the past two decades. Pro Res Zoom aims to give you a usable image where you wouldn’t have gotten one before — and that’s where the diffusion model comes in.

It’s a latent diffusion model, Google’s Pixel camera product manager Isaac Reynolds tells me. He doesn’t see it as an entirely new process — more like a variation on what phone cameras have done for years. Algorithms have long helped identify subjects and improve detail, producing unwanted artifacts as a byproduct that engineers squash in subsequent updates. “Generative AI is just a different algorithm with different artifacts,” he says. But as opposed to a more conventional neural network, a diffusion model is “pretty good at killing the artifacts.”

That might be an understatement. In the handful of demos I saw, Pro Res Zoom cleaned up some pretty gnarly 100x zoom photos remarkably well. The processing all happens on device after you take the photo. Reynolds tells me that when Google started developing the feature, it took around a minute to run the diffusion model on the phone; his team got the runtime down to four or five seconds. Once the processing is done, the new version is saved alongside the original. I only saw it work a handful of times, but the results I saw looked pretty darn good.

1/3The original photo before Pro Res Zoom.

Pro Res Zoom has one important guardrail: it doesn’t work on people. If it detects a person in the image, it’ll work around them and enhance everything else, leaving the human be. This is a good idea, not only because I do not want a phone camera hallucinating different features onto my face, but also because it could be problematic from a creepiness standpoint.

Google has also taken a responsible step to tag photos taken with the phone using C2PA content credentials, labeling Pro Res Zoom photos as “edited with AI tools.” But it doesn’t stop there — all photos taken with the Pixel 10 get tagged to indicate that they were taken with a camera and whether AI played a role. If a photo is the result of merging multiple frames, like a panorama, that’ll be noted in the content credentials, too.

The Pixel 10 labels all photos taken with its camera using C2PA content credentials.

It’s all in an effort to reduce the “implied truth effect,” Reynolds explains. If you only apply labels to AI-generated images, then anything without an AI label seems to be authentic. But that only really means that the origin of an image is unknown, especially in an age of easy access to AI editing and image generation tools. It could have been edited with AI and not tagged as such, or the tag could have been removed by taking a screenshot and sharing that image instead.

The thing is, C2PA credentials can’t be modified once they’re created. Looking for a tag to positively identify an image as being camera-created becomes one of the only surefire ways of knowing that what you’re looking at isn’t AI. If that’s the future we’re moving toward, then there’s a massive gap between that reality and the one we live in now.

“I do think there’s going to be a period of education,” Reynolds acknowledges. He thinks that phase is already well underway, and I agree. But there is still potential for real harm — to people and our institutions — between now and that future, and that’s what makes me most uncomfortable about this whole moment.

Is a camera that uses AI to clean up your crappy zoom photos still just a camera? Probably, for now

Misgivings aside, I still had one question I needed an answer to: what exactly is an image taken with Pro Res Zoom? A memory? A robot’s best guess at what a tree looks like? A moment lost in time, like tears in the rain? If I take a Pro Res Zoom picture of the Statue of Liberty, is it really a photo that I took? Reynolds thinks so.

“Pro Res Zoom is tuned very carefully to just be a picture,” he says. “There’s nothing about Pro Res Zoom that changes what you’re expecting from a camera. Because that’s how we built it, that’s what we wanted it to be.”

Is a camera that uses AI to clean up your crappy zoom photos still just a camera? Probably, for now. But there’s a door open for someone who wants to build something else — and a lot of questions to ask in the meantime.

Photos by Allison Johnson / The Verge

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ETHZilla’s NASDAQ relaunch puts $419m Ethereum treasury in the spotlight
Crypto Trends

ETHZilla’s NASDAQ relaunch puts $419m Ethereum treasury in the spotlight

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The rebranded firm, now holding 94,675 ETH, is betting big on Ethereum’s long-term value, with backing from Polychain, Founders Fund, and key DeFi founders.

Summary

  • ETHZilla debuts on NASDAQ with a $419m Ethereum treasury, rebranding from biotech firm 180 Life Sciences.
  • Backed by Polychain, Founders Fund, and DeFi leaders, ETHZilla aims to be a major corporate ETH holder.

According to a press release dated August 18, ETHZilla Corporation has officially completed its rebranding and transition from biotech firm 180 Life Sciences to a dedicated Ethereum (ETH) treasury vehicle.

The company’s shares began trading under the new ticker “ETHZ” on the same day, marking a strategic shift toward accumulating and managing one of the largest corporate ETH holdings in public markets.

“Today, we are embracing our identity as ETHZilla and our commitment to developing a market-leading strategy that seeks to bring the value of Ethereum to investors in the public markets,” McAndrew Rudisill, Executive Chairman of the Board of Directors of the Company, said.

With 94,675 ETH acquired at an average price of $3,902 and now worth approximately $419 million, the move signals a growing institutional embrace of Ethereum as a treasury asset.

ETHZilla’s institutional backing and pivot into Ethereum

According to ETHZilla’s announcement, its treasury strategy is designed to leverage Ethereum’s dual role as both a store of value and a yield-generating asset. The company said it has partnered with Electric Capital to maximize returns through staking, DeFi lending, and liquidity provisioning, positioning the firm to benefit from Ethereum’s expanding utility beyond mere price appreciation.

The pivot from biotech to Ethereum treasury management came after ETHZilla raised $565 million in private funding, with backing from over 60 institutional and crypto-native investors.

The list features both a deep bench of both institutional capital and Ethereum-native builders. Polychain Capital, Electric Capital, and Peter Thiel’s Founders Fund anchor the institutional side, while key DeFi founders, including EigenLayer’s Sreeram Kannan, Lido’s Konstantin Lomashuk, and Compound’s Robert Leshner, lend credibility to the venture. Their participation suggests confidence not just in ETHZilla’s model, but in Ethereum’s long-term viability as a cornerstone of decentralized finance.

While ETHZilla’s treasury strategy dominates headlines, the company hasn’t abandoned its roots entirely. The company said its legacy biotech assets remain part of the portfolio, with plans to monetize intellectual property, and its gaming division continues to operate. This diversified approach could provide stability if crypto markets turn volatile, though the firm’s future now hinges on Ethereum’s performance.



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