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Why Ripple (XRP)? 21Shares Highlights 4 Reasons Investors Should Take Notice

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Swiss-based asset manager 21Shares has outlined its investment case for XRP, citing regulatory clarity, institutional access, growing XRPL utility, and a predictable supply.

Nevertheless, it outlined one major risk, which continues to haunt the underlying asset.

Why Bullish on XRP?

Given Ripple’s years-long battle with the US Securities and Exchange Commission and the favorable outcome in the past year or so, 21Shares’ report identified regulatory clarity as the first pillar. The conclusion in August 2025 removed what the asset manager described as a major compliance obstacle for institutions, and the regulatory environment for the asset improved further in 2026, giving it considerably clearer treatment than it had under the previous SEC tenure.

Perhaps related to regulatory clarity is the second pillar: expanding institutional access. Recall that several spot XRP ETFs hit Wall Street last November and attracted over $1 billion in a month and a half. As recently reported, the cumulative inflows reached a new all-time high above $1.7 billion, even during this difficult year for the asset.

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Next, 21Shares outlined the actual network usage, as the report noted that XRP Ledger has processed close to $500 billion in on-chain value during the past 12 months. At the same time, Ripple’s RLUSD stablecoin expanded from a market cap of $72 million to $1.6 billion in less than two years.

Tokenized assets on XRPL have also grown substantially, recently hitting $4 billion. The network continues to target payments, stablecoins, and real-world assets.

Crypto commentator Vincent Van Code also weighed in on 21Shares’ report, arguing that Ripple’s broader infrastructure strengthens that proposition. They described it as an “out-of-the-box, turnkey end-to-end solution” for institutions looking to adopt digital assets.

Lastly, the report mentioned XRP’s fixed maximum supply of 100 billion tokens, with no ongoing inflation schedule and a small amount permanently burned through transaction fees.

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Major Uncertainty

Despite all the bullish comments explained above, 21Shares highlighted an important weakness in that thesis, as more XRPL usage does not automatically mean more XRP demand. Institutions can use the network while holding XRP only temporarily. In some cases, they might only barely use the token.

The crucial question here is whether expanding payments, stablecoins, and tokenized assets will ultimately translate into sustainable value accrual for XRP.

For investors convinced that global finance will increasingly move on-chain, 21Shares argued that XRP provides one of the more regulated and institutionally connected ways to gain exposure to that trend. However, the investment case still depends on adoption eventually translating into actual demand for the underlying asset, which continues to struggle against the $1.40 resistance as of press time.

The post Why Ripple (XRP)? 21Shares Highlights 4 Reasons Investors Should Take Notice appeared first on CryptoPotato.

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The ETF Built to Bet Against XRP Price Has a New Launch Date

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The ETF Built to Bet Against XRP Price Has a New Launch Date

Teucrium has pushed back the launch of its short XRP ETF (exchange-traded fund) for the 19th time. A filing dated September 11 moves the earliest possible start to October 11, 2026.

The fund is built to pay investors when XRP falls. Its mirror image, which pays when XRP rises, has been trading since April 2025.

19 XRP Short ETF Filings and Not One Launch

Public records held by the US Securities and Exchange Commission show the same three-page document arriving roughly every month since April 4, 2025. Each one does a single job. It moves the date.

The newest filing carries no explanation beyond the new date. Strategy, fees, and risk warnings all stay untouched.

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Even that date is not a launch date. It marks the first day the fund is permitted to start trading, and permission is not the same as arrival.

The first postponement landed four days before the 2x long XRP fund began trading on the New York Stock Exchange. Teucrium sold the upside version and shelved the downside one.

No regulator blocked this. The company chose each delay itself.

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Why the Bet Against XRP Never Reached the Market

The product aims to move twice as much as XRP does each day, in the opposite direction. It would never sell any XRP. Instead, it would use contracts with trading firms that pay out when the price drops.

Teucrium has never explained the holdup in any filing.

Meanwhile, the thing the fund was designed for happened without it. XRP peaked at $3.65 in July 2025 and now trades near $1.37, suggesting a drawdown of over 60%. Anyone wanting a listed way to bet against that slide had none.

XRP Price Performance. Source: BeInCrypto

Ordinary funds that simply hold XRP did arrive, and money kept flowing in. Over their past 20 trading days those funds took in $190.5 million, with withdrawals on a single day.

Buyers stayed put through the decline. Cumulative inflows since launch now stand at $1.70 billion. What nobody could buy was the other side of the trade.

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XRP ETF Flows. Source: SoSoValue
XRP ETF Flows. Source: SoSoValue

October 11 marks the 20th deadline for this fund. After 19 postponements, the sharper question is what changes if it ever does launch.

The post The ETF Built to Bet Against XRP Price Has a New Launch Date appeared first on BeInCrypto.

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Report Says North Korea Is Recruiting Foreign Talent for US Firm Infiltration

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Crypto Breaking News

North Korea’s cyber and financial theft efforts are increasingly relying on remote workers based in third countries, according to a report published by NBC. The scheme reportedly involves recruiting foreign IT workers—such as people located in Iran and Lebanon—to help North Korean-linked actors infiltrate US companies and route funds back to the DPRK in support of its weapons programs.

The renewed focus on “outsourced” digital labor comes after a July alert issued by the US government and multiple foreign agencies, warning that North Korean IT workers actively seek contracts with the aim of remitting salaries to parent agencies in North Korea. The alert also described these workers as potential insider threats, including roles in data exfiltration and cryptocurrency theft.

Key takeaways

  • US and partner agencies warned in July that DPRK-linked IT workers use employment contracts to funnel pay back to North Korean agencies.
  • NBC reports North Korea is using remote workers from third countries—reportedly including Iran and Lebanon—to pass job interviews and gain access to US firms.
  • After contracts are obtained, NBC says North Korean operatives often take over the positions.
  • The reported tactics extend to cryptocurrency theft, with some candidates allegedly being offered crypto compensation for part-time work.
  • Broader reporting ties North Korea’s cyber operations to large crypto losses, underscoring how persistent these campaigns can be.

A US warning highlights contract-driven infiltration

The July alert cited by NBC frames the DPRK’s approach as more than typical hacking. Instead, it emphasizes how North Korean-linked IT workers attempt to gain entry through normal business channels—seeking contracts and leveraging employment relationships to access internal systems.

According to the alert, these workers “seek out contracts with the intent of remitting their salaries to their parent North Korean agencies.” It also describes them as posing an insider threat to companies, with participation in data exfiltration and cryptocurrency theft, as well as the theft of sensitive information. That combination points to a multi-stage method: gain a role legitimately or semi-legitimately, then convert that access into monetizable outcomes and compromised data.

Third-country remote staffing as a growing tactic

NBC reports that as governments have moved to counter DPRK efforts, the strategy has shifted toward recruiting remote IT workers from outside North Korea. The report says foreign workers are scouted—NBC specifically mentions LinkedIn—as North Korean-linked actors attempt to recruit people who can pass initial screening and interviews for remote positions.

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Once those work contracts are obtained, NBC says the remote workers are typically followed by a transfer of control, with the roles then “usually” taken over by North Korean operatives. For firms hiring contractors—particularly those operating across borders—this is an important nuance: the risk is not only external malware or credential theft. It also includes what happens after a contractor is onboarded and gains legitimate access to development environments, internal documentation, or payment-related workflows.

NBC also reports that some of the foreign recruits were offered cryptocurrency—about $500 monthly in at least one case—in exchange for part-time work, described as “interview associates.” That detail matters for compliance teams: it suggests intermediated recruitment and payment schemes may be used to normalize crypto transfers in otherwise ordinary hiring processes.

The July alert’s themes—remittance intent, insider-threat potential, and links to crypto theft—appear consistent with what NBC portrays as a practical hiring pipeline. If implemented as described, the scheme reduces friction for DPRK actors by blending into legitimate commercial operations while still creating pathways to exfiltrate data and move value.

Crypto losses connected to DPRK activity remain substantial

The hiring/infiltration angle is part of a broader pattern that has repeatedly surfaced in cybersecurity reporting. Cointelegraph previously reported in May, citing CrowdStrike, that North Korean state-affiliated hackers were responsible for more than $2 billion in crypto losses in 2025—an estimated 51% increase year-on-year.

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While the NBC report focuses on recruitment and insider access, the continued magnitude of crypto losses—per the CrowdStrike-cited figure—suggests that monetization channels (including cryptocurrency-related theft) remain a central goal. In practice, insider positioning and data access can accelerate theft by expanding the target set: not only wallets and exchanges, but also internal systems that may contain credentials, private keys, payment rails, or proprietary information that can be leveraged for further attacks.

For crypto investors and market participants, this matters because large-scale theft and follow-on laundering attempts can affect confidence in compliance and custody systems, and they can increase perceived regulatory pressure on the broader industry. Even when theft is confined to specific victims, the ecosystem-level narrative tends to build around repeat offenders and persistent attack methods.

Sanctions pressures, but limited signs of economic slowdown

Alongside the cyber narrative, economic reporting suggests sanctions have not prevented North Korea from sustaining activity at home. Cointelegraph previously noted, citing the Bank of Korea, that North Korea’s GDP increased 3.5% in 2025 despite global sanctions.

That estimate doesn’t prove the cyber recruitment scheme directly caused macro outcomes—but it provides context for why such operations may remain attractive to the DPRK. If the country’s economy is not collapsing under sanctions, then actors may have continued resources and incentives to invest in complex infiltration strategies that require coordination across borders and jurisdictions.

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From a risk-management perspective, this implies that defensive measures must be ongoing. If North Korea can adjust recruitment tactics—shifting to remote third-country workers and using crypto compensation for part-time roles—then security teams should expect further evolution in how these threats blend into normal business processes.

What companies should watch next

As the details reported by NBC and the July alert suggest contract-based insider risk tied to crypto remittances, the most urgent question for employers and vendors is how these schemes will be detected in practice. Firms should track warning signals around contractor onboarding—especially scenarios involving unusually fast access to sensitive systems, crypto-focused payment arrangements, or patterns consistent with insider takeover after initial screening—while cybersecurity and compliance teams closely monitor how DPRK-linked recruiting methods develop.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours

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$5 million political donation by BitMEX’s Delo lands amid U.K. crypto crackdown


The combined haul equals the largest individual political donations in U.K. history, sharply scaling up crypto industry backing.

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Anthropic CEO calls for AI race to slow down. Musk and OpenAI's Altman agrees

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Anthropic CEO calls for AI race to slow down. Musk and OpenAI's Altman agrees


Anthropic’s Dario Amodei, OpenAI’s Sam Altman and Elon Musk have agreed on an unusual position: frontier AI development may need to slow as systems become capable of helping build their own successors.

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Reform UK secures record crypto-billionaire donation, reports say

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Crypto Breaking News

Ben Delo, a co-founder of the BitMEX cryptocurrency exchange and a prominent UK crypto figure, has donated £36 million (about $49 million) to Nigel Farage’s Reform UK, according to reports from the DPA and other UK media. The payment is described as the largest single donation ever made to a British political party.

Delo said the contribution was intended to help Reform UK ensure a “fair fight” in the run-up to the next stage of voting. The move lands amid an ongoing UK political debate about whether donations and gifts tied to the crypto industry can distort elections and how lawmakers should regulate them.

Key takeaways

  • Ben Delo reportedly gave £36 million to Reform UK, the biggest political-party donation in the UK, according to DPA and other media.
  • Delo frames the donation as a way to enable a “fair fight” at the polls.
  • Reform UK’s earlier major crypto-linked donors included Christopher Harborne, who previously gave £9 million.
  • UK politicians have been debating whether to impose a permanent ban or moratorium on crypto donations in response to the Farage donation controversy.
  • Delo’s background includes prior US federal charges tied to the Bank Secrecy Act; he later received a presidential pardon, according to prior reporting.

Why the £36 million donation is drawing scrutiny

The reported £36 million donation by Ben Delo gives fresh fuel to concerns about the influence of digital-asset wealth in British elections. It also intensifies a controversy that has already prompted investigations and parliamentary fallout.

Earlier reporting from Cointelegraph said Farage was under investigation after receiving millions of dollars’ worth of donations and gifts from figures connected to the crypto sector, including Christopher Harborne and George Cottrell. Delo’s latest contribution is therefore not happening in a vacuum—it follows a sequence of political and legal developments that have put the spotlight on how the UK treats crypto-related political funding.

For investors and builders in the crypto industry, the political implications are not abstract. Election funding that draws from large, market-aligned fortunes can shape the policy environment affecting digital asset regulation, compliance expectations, and future tax or licensing rules.

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Reform UK’s fundraising and the “fair fight” rationale

Delo reportedly said he donated the money to ensure a “fair fight” at the polls. Farage responded by expressing confidence in Reform UK and describing the party as the only one capable, in his view, of reversing the country’s economic decline.

The scale of the donation also contrasts with earlier fundraising milestones for Reform UK. Cointelegraph previously noted that Delo’s fellow crypto-linked donors included Harborne, who gave £9 million to the party last August, making him the second-largest donor behind Delo’s reported contribution.

According to The Telegraph, the £36 million was structured as £1 million per month up to the general election in 2029, but Delo made the full payment upfront so it could not be blocked. That detail matters because the controversy around crypto donations in the UK has increasingly focused not only on who funds political parties, but also on how such funding is timed and administered.

Investigation backdrop: resignation, by-election, and lawmakers’ response

In July, Nigel Farage resigned his position as a Member of Parliament amid the crypto donation scandal, which triggered a by-election that Reform UK won with 63% of the vote—ahead of a satirical candidate, Count Binface, as described in prior coverage.

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Cointelegraph previously reported that Labour MPs were considering making a moratorium on crypto donations—announced in March and pending legislation—permanent in response to the situation Farage described as “gifts” from Harborne and Cottrell. The reported Delo donation adds new pressure to those discussions, because it demonstrates that large-scale political funding tied to crypto-linked wealth can continue even as lawmakers weigh whether existing rules are adequate.

More broadly, the case highlights a tension in UK political life: the desire to attract legitimacy and investment while also addressing concerns that opaque or poorly understood funding channels could undermine public trust in democratic processes.

Delo’s legal history and what the pardon means for the political debate

Ben Delo’s political visibility is also tied to his legal history in the United States. Cointelegraph previously reported that Delo, one of three BitMEX co-founders, pleaded guilty to federal charges related to violations of the Bank Secrecy Act. Cointelegraph also reported that Delo agreed to pay a $10 million fine in 2022 and did not serve prison time.

Importantly for context, earlier reporting also states that Delo and his colleagues Arthur Hayes and Samuel Reed received a pardon from US President Donald Trump in March 2025. While a pardon does not erase prior conduct in the public record, it can change how figures are perceived legally and politically, including their ability to participate openly in public life and major funding decisions.

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For UK lawmakers trying to decide on permanent restrictions, the Delo case underscores a practical dilemma: regulating political influence often requires judgments about risk, reputation, and compliance—rather than relying only on the presence or absence of formal convictions.

What to watch next

As Reform UK faces fresh attention following the reported £36 million donation, the key question is whether UK lawmakers move beyond debate toward binding, enforceable rules on crypto-linked political funding. Readers should watch for signs of whether the proposed permanent moratorium evolves into legislation—and how parties and donors respond to any new compliance expectations.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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8 Weeks After Kimi K3 Launch, Moonshot AI is Filing Police Reports

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US Treasury's Office Targeting Iran's Sanctions Evasion Through Bitcoin and USDT

In July, Moonshot AI released the world’s largest free artificial intelligence (AI) model. Eight weeks later, the company is filing police reports.

Kimi K3 arrived on July 16. Anyone could download it and run it. In an industry that guards its best work, that was rare. But then the servers buckled.

A Launch That Ate Its Own Computers

Four days in, Moonshot stopped selling new subscriptions. Paying members kept their seats as everyone else waited.

“Over the past 48 hours, demand has pushed close to the limits of our current capacity,” the team said in a statement.

That was the loudest the company would be all summer.

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On September 11, Moonshot pushed a smaller model, K2.8 Preview, across its coding platform. Read the changelog closely and something odd appears. Some K3 requests now get answered by the smaller model instead.

However, that same week, Anthropic accused Moonshot of quietly passing Kimi users’ questions to Claude. It said Moonshot showed Claude’s answers as Kimi’s own work. In a single 10-day window, it counted nearly 300,000 handoffs routed through 5,380 fake accounts.

One of those users was probably military, Anthropic says. They uploaded footage from hundreds of security cameras in Chengdu and asked whether a man was behaving strangely.

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Here is the uncomfortable part. All of it rests on Anthropic’s own logs. No regulator has tested any of it. BeInCrypto reported on September 1 that Anthropic had already shipped a block against this. That was 10 days before its September threat report named a single company.

Then came the claim that Moonshot’s founder had been taken away after the Anthropic report.

On Saturday, the company answered.

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“The information circulating online regarding the founder and employees is completely fabricated and malicious slander. We have immediately reported the matter to the police and will pursue legal action against those responsible for spreading the rumors,” Moonshot AI said on Saturday.

No newspaper has confirmed an arrest. No agency has confirmed an investigation. What is confirmed is stranger. The year’s biggest open AI model is now partly handled by something smaller, and the fullest account of where its users’ questions went was written in San Francisco.

The post 8 Weeks After Kimi K3 Launch, Moonshot AI is Filing Police Reports appeared first on BeInCrypto.

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Will Africa’s Next Growth Story Start on the Farm?

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Will Africa's Next Growth Story Start on the Farm?

The challenge is not simply producing more food. Agricultural production has increased in Africa over the last few decades, but growth isn’t necessarily durable. Agri-food supports two-thirds of African livelihoods and generates a third of the continent’s GDP. But farmers generate less value than their counterparts elsewhere: about $1,500 per worker annually versus $4,300 globally, according to figures from AGRA, the organization formerly known as the Alliance for a Green Revolution in Africa. Higher profits mean more farmers can afford to stay in the business and younger people will be enticed to join, thereby creating a more sustainable food system for the continent. 

Profitable farming isn’t just about feeding people, as important as that is. A developed agriculture sector creates opportunities for investment in processing, trading, and other functions along the agriculture value chain, leading to further economic growth opportunities. Only around 12-15% of Africa’s agricultural GDP comes from processing, compared to more than 60% in developed regions, according to AGRA. And agricultural outputs can be the basis of new industries: think of biofuels. From a climate perspective, too, higher profits create adaptive capacity. Farmers with margin can invest in irrigation, improved seeds, better soil health, or simply absorb a bad season.

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Bitcoin’s 24% Rally Hit a Wall: CryptoQuant Reveals What Comes Next

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The analyst at CryptoQuant weighed in on BTC’s notable price resurgence, which drove the asset from under $65,000 to over $82,000 within a few weeks, and, more specifically, on the subsequent rejection and what could follow around the corner.

They believe the overall setup remains constructive, but the cryptocurrency has to overcome a stack of technical and on-chain resistance levels, which are right in front of it.

Which Level Decides BTC’s Fate?

The weekly report by CryptoQuant identified Bitcoin’s 365-day moving average, currently located at $81,700, as the asset’s most important level. Recall that BTC briefly exceeded that level at the start of September, but the bears stepped up and quickly rejected the move.

Historically, bull markets have “officially” begun once the cryptocurrency closes above this moving average. A successful close above $81,700 could confirm a new bullish phase and open the door for another major leg up. However, its continuous inability to break through could lead to a longer consolidation phase or even to a more profound decline.

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On the downside, bitcoin’s rally won’t be confirmed by simply moving past the $81,700 obstacle, as there are a few others on the way up. At first, CryptoQuant found the 3x Metcalfe valuation band, which sits at $83,600 and stands as the next big resistance. This level halted BTC in May and has previously coincided with important cycle turning points.

If taken down, there’s one more at $88,700, which is the trader realized-price upper band. History shows that selling has intensified once the cryptocurrency approaches this line because active traders begin sitting on increasingly large unrealized profits.

539K BTC

CryptoQuant noted that the most immediate problem is considerably closer as long-term holders sold as much as 539,000 units between $77,100 and $80,200 throughout the year, creating what the analysts described as the heaviest nearby on-chain supply wall.

Bitcoin would need to absorb this supply before making another convincing attempt north, while the downside is better defined. The 200-day MA around $70,000 represents the first major technical support, followed by another substantial on-chain cluster between $62,000 and $65,000, where approximately 476,000 BTC were accumulated this year.

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Overall, CQ’s analysts are still bullish on BTC, but under one critical condition: the asset must clear $81,700 soon, then $83,600, and eventually $88,700 before the recovery can develop into a more profound rally.

The post Bitcoin’s 24% Rally Hit a Wall: CryptoQuant Reveals What Comes Next appeared first on CryptoPotato.

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The Cyclospora Outbreak, By the Numbers

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The Cyclospora Outbreak, By the Numbers

The outbreak marked the largest of cyclosporiasis, a gastrointestinal illness caused by a parasite known as Cyclospora cayetanensis, in the country’s known history. 

People become infected by the parasite by consuming contaminated food or water; in the U.S., outbreaks of cyclosporiasis have often been tied to fresh produce. While some people may not experience any symptoms, others who become infected by the parasite may report “explosive” bowel movements. 

In July, federal public health officials announced that they were investigating an outbreak of these infections in several states, eventually linking the cases to contaminated processed iceberg lettuce from Taylor Farms de Mexico. On July 17, the company recalled all of its iceberg lettuce products that were sourced from central Mexico, which it said it did “out of an abundance of caution.”

The CDC said on Friday that the number of recent cyclosporiasis cases tied to this summer’s outbreak “has significantly declined.” At the height of the outbreak, before the Taylor Farms recall, the CDC was reporting more than 1,000 cases in one day, but in August, the agency was reporting less than two each day.

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“At this time, there is no risk of people getting sick with cyclosporiasis from this source,” the CDC said. “The best-by dates for all product linked to this outbreak have passed and it is no longer available in stores or restaurants.”

But, the agency added, the Food and Drug Administration is continuing with its investigation to determine how the lettuce product tied to the outbreak this summer was contaminated with Cyclospora cayetanensis.

Here’s what to know about the toll the outbreak took across the country.

How many people died in the Cyclospora outbreak this summer?

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Michigan public health officials revealed last month that the two individuals who died had “significant underlying health conditions that may have been impacted by cyclosporiasis and dehydration.”

Cyclosporiasis rarely becomes fatal; most people without underlying conditions recover even without receiving treatment.

How many people were sickened in the Cyclospora outbreak this summer?

According to the CDC, 12,883 people across the country were sickened by the parasite in the outbreak this summer, though the agency has said that the true number is likely even higher than that because people often recover from cyclosporiasis without seeking medical attention and so are never tested for the parasite. Of those confirmed cases, 570 were hospitalized.

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In a typical year, the U.S. reports only a few thousands cases of cyclosporiasis. The five-year average of cases per year between 2018-2022, for instance, was just 3,285, according to data shared by the Colorado Department of Public Health & Environment. And of those individuals, less than 200, on average, were hospitalized.

Which states were affected by the Cyclospora outbreak this summer?

Twenty-one states were affected by the Cyclospora outbreak this summer. Michigan was the hardest hit, with the CDC reporting more than 5,700 cases there. Ohio and Missouri also saw high numbers, reporting 2,871 and 1,071 cases, respectively. States including Indiana, Kentucky, Kansas, Nebraska, Illinois, Pennsylvania, and Oklahoma saw case numbers in the triple digits.

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The AfD’s Dark Agenda for Germany

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The AfD's Dark Agenda for Germany

The AfD won voters away from all its mainstream rivals, winning over 82,000 voters who had previously supported the governing Christian Democratic Union of Germany (CDU). But one of the more striking consequences of the Sept. 6 election in Saxony-Anhalt was that the AfD energized people who had stopped voting, and brought 170,000 of them—around a tenth of the local electorate—back to the ballot box. These are people who had largely given up on politics, and who, for years, have inhabited a parallel universe. Many of these voters regard Germany’s Nazi past as overblown and refuse to draw parallels between then and now. They also see centrist politics as the instrument of a deep state seeking to undermine their values.

While reporting from Saxony-Anhalt, I was reminded of a small incident I witnessed before the pandemic. I was walking along a street in Leipzig, one of the main cities of the former Communist East Germany, with a helpful contact, an intelligent local activist who had once worked for the Greens. As we passed the offices of MDR, the regional public broadcaster, she suddenly shouted, without provocation, “Lügenpresse”—“lying press,” or “fake news.” Startled, I asked what the station had done to earn her ire. “They don’t listen to the likes of me,” was all she could say. The more I pressed her to identify the specific source of her grievance, the more agitated she became.

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