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"There has been some heinous s—t said about my wife and I on some extremely large accounts," he wrote.

"There has been some heinous s—t said about my wife and I on some extremely large accounts," he wrote.

Several lanes of the busy 405 Freeway in Los Angeles were closed during the Friday morning rush hour.

Behold: the products I'd travel to South Korea for.

On Wednesday, June 3rd, U.S. Secretary of State Marco Rubio had a heated exchange with Rep. McBride about President Trump fundamentally undermining NATO, as well as discussing Greenland. Where Marco Rubio said “for now” when the topic of Greenland is part of Denmark was brought up.

ZEC Crashes As Zcash Admits 'Critical Counterfeiting Vulnerability' Exposed By Claude

Authored by Martin Young via CoinTelegraph.com,

The price of ZEC fell on Thursday after further details were disclosed of a critical counterfeiting vulnerability in Zcash’s Orchard pool that could theoretically allow a bad actor to mint an unlimited amount of ZEC.

According to a post on X, security engineer Taylor Hornby, who was engaged by Shielded Labs, discovered the bug on May 29 and disclosed it to the Zcash Open Development Lab (ZODL), which deployed an emergency response to fix the vulnerability with a hard fork activated on June 3. 

However, there are new concerns about the extent to which the vulnerability, which has existed since May 2022, has been used, leading Zcash to fall more than 30% over the past 24 hours to $410 at the time of writing. Its market capitalization has shrunk by more than $3 billion.

However, BitMEX co-founder Arthur Hayes said on Friday it is unlikely that ZEC has been illegally minted this way, though he acknowledged “it cannot be formally cryptographically proved impossible.”

“Sadly, due to the Orchard Pool exploit, I had to dump our entire ZEC bag,” he said.

“The Holy Trinity is dead,” he added, referring to Zcash and the two other tokens he sold this week, Hyperliquid (HYPE) and Near Protocol (NEAR).

ZEC crashes almost 50% in 24 hours after two months of solid gains. 

Claude assists in bug discovery 

Taylor used Claude Opus 4.8, which was released on May 28, a day before the discovery, to assist in a highly targeted review of the Orchard circuit, the cryptographic component underlying Zcash’s Orchard shielded pool.

The critical bug allowed false inputs into an elliptic curve multiplication check, which means the math that is supposed to cryptographically verify transactions could be fooled.

Taylor built and tested a working exploit, which generated unlimited counterfeit ZEC. 

“If he had run the same tool on Zcash mainnet it would have generated unlimited, undetectable counterfeit ZEC in his mainnet Zcash wallet,” the security researchers said on Friday. 

The primary concern is that there is no cryptographic way to prove whether anyone had previously exploited it before it was patched, due to Orchard’s privacy properties. 

However, Shielded Labs was “not overly concerned” because the bug was subtle enough to evade years of expert review, and the discovery was a deliberate, highly skilled effort using cutting-edge tools and AI.

The firm is working with Zcash developers on a proposed network upgrade to allow anyone to verify the integrity of the ZEC supply and to prove the nonexistence of counterfeit tokens in the Orchard pool, they stated. 

Not the first counterfeiting vulnerability for Zcash

Mert Mumtaz, co-founder and CEO of Solana tooling firm Helius, said that almost all privacy protocols have a variant of this same vulnerability. 

“This same FUD comes back every five months as new people learn how privacy pools work,” he said. 

He explained that it is a theoretical risk in most zero-knowledge privacy protocols from circuit bugs that are hard to exploit or detect.

This is not the first time a similar vulnerability in Zcash has been discovered. In 2018, a counterfeiting vulnerability in the cryptography underlying zk-proofs was discovered by the Electric Coin Company, which remediated it with no losses in 2019. 

Tyler Durden Fri, 06/05/2026 - 09:20

America's labor market delivered another surprise in May as employers added far more jobs than expected, giving the Federal Reserve another reason to hold off on cutting interest rates.

Bye, bye frizz — you're about to be locked and under control.

“The foundation of 60 Minutes is its journalistic independence,” Nick Bilton wrote in a memo to staffers on Thursday.

Demented NY Dems Erase "Mother" From State Law, Replace Her With "Gestating Parent"

Authored by Steve Watson via Modernity,

Latest nonsense targets family courts, custody, and parental rights

Outrage is exploding after New York Democrats rammed through legislation that strips the words "mother" and "father" from key sections of state law and replaces them with cold, clinical inventions: "gestating parent" and "non-gestating parent."

Yes, really. They're pushing for the erasure of biological motherhood and fatherhood in the name of activist ideology.

The bill passed the Assembly months ago and cleared the Senate this week with minimal debate. It now sits on Governor Kathy Hochul's desk. If she signs it, the changes take effect November 1 and will rewrite references across family court proceedings, domestic relations, child support, custody determinations, and even education statutes. "Paternity" becomes "parentage." "Putative father" becomes "alleged parent."

? NOW: Outrage erupts as New York passes legislation to REMOVE the word "mother" and replace it with "gestating parent"

WTF?!!?

New York Democrats are total psychos.

This is a war on women! pic.twitter.com/guNUkmNx6h

- Eric Daugherty (@EricLDaugh) June 4, 2026

Sponsors Sen. Luis Sepulveda and Assemblywoman Amy Paulin packaged the overhaul as a long-overdue update to parentage laws. The memo claims the new language simply aligns statutes with existing court rulings and accommodates surrogacy arrangements plus same-sex parenting.

In practice, every traditional reference to mothers and fathers in these legal contexts gets replaced. The language is deliberately stripped of sex-based meaning. Motherhood is reduced to a temporary biological process. Fatherhood is defined by its absence from gestation.

Democrats and allied lawyers argue the old terms were outdated the moment same-sex couples and surrogates entered family court in larger numbers. They insist the rewrite creates consistency and avoids confusion in complex modern cases.

Republican and conservative leaders wasted no time labeling the move what it plainly is: ideological overreach dressed up as progress.

State Conservative Party Chairman Gerard Kassar called it "woke culture run amok" and pure one-upmanship that wastes legislative time while the state budget remains stalled.

Republican gubernatorial candidate Bruce Blakeman was even more direct, charging that Democrats led by Hochul have "declared war on families" by canceling "Mom and Dad."

State Sen. Patricia Canzoneri-Fitzpatrick and U.S. Rep. Claudia Tenney both highlighted the grotesque misplacement of priorities. While New Yorkers face crushing taxes, failing schools, and public safety failures, Albany chose to spend its final days neutering the language of motherhood.

Even some rank-and-file Democrats reportedly viewed the bill as unnecessary. Hochul herself claimed she was unfamiliar with it when asked and said she would "take a look." For the woman who styles herself the state's "first mom governor," the dodge was telling.

This latest New York push is not happening in a vacuum. Similar efforts to strip "mother" and "father" from official language have surfaced repeatedly in Democrat strongholds and taxpayer-funded institutions.

In Wisconsin, Democrat Governor Tony Evers tried to insert language into the state budget bill that would replace "mother" with "inseminated person" and "biological father" with "natural parent" in contexts involving paternity disputes and artificial insemination.

Other proposed swaps erased "woman," "female," "wife," and "husband" entirely. Critics correctly described it as beyond parody and a direct insult to every actual mother in the state.

This turgid trend is far from limited to the US. A government-funded Scottish charity called Scotland's International Development Alliance produced an official "inclusive language guide" that explicitly branded the words "mother" and "father" as "oppressive."

The guide instructed users to replace them with neutral terms like "parent" or "guardian" and framed traditional family language as something that reinforces unwanted power structures. Taxpayer money supported the entire project.

New York's "gestating parent" and "non-gestating parent" formulation follows the identical script. What began as fringe suggestions in activist guides and budget amendments has now advanced to actual state law in one of America's largest blue states.

This is coordinated ideological creep. Each step tests how much biological reality the public will accept being rewritten out of existence.

Women who carry and birth children will still be mothers in every meaningful sense. The law cannot change that biological fact. What the law can do is remove any formal recognition of that reality in the places where recognition matters most: custody disputes, parental rights, and official records.

Surrogacy and same-sex parenting arrangements can be accommodated with precise legal definitions without requiring the rest of society to pretend motherhood is a neutral administrative function. The bill does not solve a genuine legal problem. It manufactures one to satisfy a narrow ideological demand.

This is the same mindset that insists men can become women, that sex is assigned rather than observed, and that dissent from any of it constitutes bigotry. It is the systematic replacement of observable truth with preferred fiction.

New York Democrats are not leading on this issue. They are following the same script playing out in other blue strongholds: rewrite language, capture institutions, then punish anyone who refuses to comply. The speed and lack of serious debate around this bill show how normalized the project has become inside the party.

Governor Hochul still has time to veto this bill. If she signs it, she will own the decision to erase "mother" and "father" from New York law. Either way, the voters who actually care about protecting women, children, and the English language now have a clear marker of which party treats biological reality as optional.

Tyler Durden Fri, 06/05/2026 - 09:00

In the wise words of Beth Dutton, "Peace will have to wait."

POP MART’s new FIFA World Cup 2026 LABUBU collection is turning heads among soccer fans and collectors alike. Discover the viral plush, keychains and collectibles taking over the tournament.

Bet $20 on the NBA Finals using the Fanatics sportsbook promo code NYPOST, and get $350 in bonus bets.

The iPhone giant confirmed the closure in North County Mall in Escondido, on June 20th as part of a broader decision to pull out of three mall locations nationwide, including sites in Connecticut and Maryland.

There are a number of similarities between Flavio Cobolli and Matteo Arnaldi.

A recent phenomenon of so-called "fraud-fluencers" who openly boast online about swindling money from taxpayers and encourage their followers to do the same has alarmed anti-fraud crusaders.

Swift's "I Knew It, I Knew You," co-written with Jack Antonoff, is the Grammy-winning pop star's first country song in years.

Swift's "I Knew It, I Knew You," co-written with Jack Antonoff, is the Grammy-winning pop star's first country song in years.

Globalist CEOs Sound Alarm Over Swiss Population Cap Vote

Summary: 

• Increasing Number of Globalist CEOs Concerned About Swiss Population Vote

• Nestle CEO Warns Against Swiss Population Cap Vote

• UBS CEO Warns Swiss Population Cap Is An 'Extreme' Measure

• Switzerland's "Ten Million" Vote Nears 

Nestle CEO Warns Against Swiss Population Cap

Globalist CEOs who ignored more than a decade of Europe's mass migration invasion from the third world because it was good for business may soon face headwinds from Swiss voters: a June 14 referendum that would cap the country's permanent resident population below 10 million through 2050.

Nestlé CEO Philipp Navratil is the latest to warn Swiss citizens that a vote to cap the population at 10 million would not be good for business.

"Switzerland has established and created the conditions that enable a global company like us to thrive," Navratil said at the Swiss Economic Forum in Interlaken on Friday, who was quoted by Bloomberg. 

"It is important that these conditions and advantages in Switzerland remain in place. When we vote in the coming weeks, we need to keep that in mind," Navratil added.

Navratil's comments come just days after UBS CEO Sergio Ermotti called the hard-cap vote an "extreme initiative."

The proposal has received strong support in many local polls, though the latest polling data puts opposition just north of 50% for the first time.

Switzerland's population is already above 9.1 million, and estimates suggest migration would need to fall by at least half to avoid hitting the proposed ceiling by 2050.

Yet while these globalist CEOs found no issue with a decade of extreme mass migration from the third wolrd world into Europe, everyday working-class people have borne the brunt of the consequences.

UBS CEO Warns Swiss Population Cap Is An 'Extreme' Measure

A proposal headed for a June 14 vote in Switzerland made headlines for seeking to place a hard cap on the country's permanent resident population at 10 million through 2050.

The vote is also being watched as a referendum on immigration pressure in Europe more broadly. UBS CEO Sergio Ermotti has caught the vapors over the idea, describing it as an "extreme" measure that fails to address the country's underlying challenges.

UBS CEO Sergio Ermotti (photo: Chiara Zocchetti )

"I do worry about these extreme initiatives," Ermotti said, speaking from the Swiss Economic Forum in Interlaken on Thursday. "Switzerland has 30% of foreign-born people, almost like in Australia, twice as Germany. And that leads to certain frustration within society. But it's not a way to solve the problem."

Switzerland's population stood at approximately 9.1 million at the end of 2025. Since 2000, it has grown by about 1.9 million people, with roughly four-fifths of that increase attributable to net international migration. Swiss federal authorities measure the increase since the introduction of free movement of persons in 2002 at around 1.7 million.

Foreign nationals now make up about 27% of the resident population, while migration-background shares are higher. In 2024, 41% of Switzerland's permanent resident population aged 15 and over had a migration background, including first-generation and second-generation residents. Ermotti highlighted the scale of the demographic shift, noting that Switzerland's foreign-born share is comparable to Australia's and roughly double Germany's.

The "No to a Switzerland with 10 Million" initiative, backed by the right-wing Swiss People's Party (SVP), would enshrine a hard population limit in the Federal Constitution. If passed, it would require Switzerland's permanent resident population to remain below 10 million until 2050. If the population exceeds 9.5 million before then, the Federal Council and Parliament would have to take measures, particularly in asylum and family reunification.

If the 10 million threshold is exceeded, Switzerland would also have to renegotiate or terminate international agreements that contribute to population growth, including the EU Agreement on the Free Movement of Persons after two years. That would also put the broader Bilateral Agreements I with the EU at risk. Supporters point to real pressures: housing shortages and rising rents in cities like Zurich and Geneva, strained infrastructure, overcrowded public transport, and concerns over long-term social cohesion in a small, mountainous nation.

UBS's High Stakes In The Debate

UBS, one of Switzerland's largest private-sector employers with more than 30,000 employees in the country and a heavily international workforce, has significant skin in the game. The bank relies on global talent to sustain its operations in finance, a sector where skilled foreign workers fill critical roles. A rigid population cap, critics including business leaders argue, could exacerbate labor shortages in an already aging society with a fertility rate of around 1.3 children per woman.

Ermotti's comments come as Switzerland grapples with balancing economic dynamism against quality-of-life concerns. Opponents of the cap, including the Federal Council and business groups, argue that Switzerland needs foreign workers in companies and public institutions such as hospitals and care homes, and that a constitutional ceiling would create uncertainty around Swiss-EU relations. Recent net immigration has moderated somewhat, falling for a second consecutive year in 2025, but remains high by historical standards.

The UBS chief stressed the need for evidence-based policymaking. "The discussions need to be balanced," he said, urging authorities to ground decisions "on fact rather than emotion and scaremongering."

Parallel Battles Over Capital Rules

Ermotti's remarks on the population initiative coincided with ongoing tensions over Switzerland's proposed capital requirements for UBS. The government is pushing to increase the common equity capital UBS must hold domestically against its foreign operations to 100% of each unit's equity value, from 60% currently. The bank estimates this would require an additional roughly $20 billion in CET1 capital for its Swiss entity, a move it warns would damage its business model and, by extension, the broader domestic economy.

Parliament continues to debate the core package, with the process expected to last until next year. Ermotti's call for fact-based deliberation applies equally here, as the bank awaits clarity on reforms that were partially watered down in April but remain demanding.

A Defining Moment For Swiss Identity And Economy

The referendum remains contested, though the latest reported polling shows opposition ahead, with 52% against the initiative and 45% in favor. It taps into broader European debates over low native fertility, labor needs, infrastructure limits, and national character. Switzerland's direct democracy hands the ultimate choice to voters, making the outcome a potential bellwether for how high-income nations navigate sustained immigration.

Tyler Durden Fri, 06/05/2026 - 08:47

You can have your cake donut and eat it too.