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Blue-ringed octopuses contain a powerful neurotoxin called tetrodotoxin, which can be lethal to humans in small doses. (Image credit: James Reynolds)

A woman in Australia was recently bitten multiple times by a blue-ringed octopus — one of the world’s most toxic animals — and lived to tell the tale.

Blue-ringed octopuses are a group comprising four species: the greater blue-ringed octopus (Hapalochlaena lunulata), the southern blue-ringed octopus (Hapalochlaena maculosa), the blue-lined octopus (Hapalochlaena fasciata) and the common blue-ringed octopus (Hapalochlaena nierstraszi). These octopuses are small enough to fit in the palm of your hand and are covered in tiny rings that flash with an iridescent blue when the animals are threatened. Blue-ringed octopuses also contain tetrodotoxin, a powerful neurotoxin that can paralyze and kill humans even in small doses.

On March 16, the woman was bitten twice on her abdomen by an unknown species of blue-ringed octopus at a beach near Sydney in New South Wales (NSW), Australia. She had collected a small shell while swimming, and when she picked it up to look at it, the tiny cephalopod fell out and landed on her stomach, the NSW Ambulance service wrote on Facebook (opens in new tab) .

The woman experienced some abdominal pain and was treated with cold compresses before being taken to the hospital to be monitored for more symptoms, according to NSW Ambulance. It is unclear why the woman escaped relatively unharmed.

Related: 30 unusual poisonous animals

Tetrodotoxin stops nerves from signaling to muscles by blocking sodium ion channels. This causes rapid weakening and paralysis of muscles, including those of the respiratory tract, which can lead to respiratory arrest and death. The effects of tetrodotoxin can occur rapidly or have a delayed onset, so death can occur anywhere between 20 minutes and 24 hours after the toxin enters the body, according to the Centers for Disease Control and Prevention (CDC) (opens in new tab) . 

There is no known antidote for tetrodotoxin. All health care practitioners can do is provide supportive care or use a ventilator if patients are unable to breathe, according to the CDC.

Blue-ringed octopuses do not create tetrodotoxin themselves. Instead, the toxin is produced by symbiotic bacteria that live in their salivary glands, according to the Australian Institute of Marine Science (opens in new tab) . Tetrodotoxin is found throughout the octopus’s tissues, not just in specific venom glands, which makes them some of the few animals that are both poisonous and venomous. It also means that a person can receive a lethal dose if one of these octopuses touches their skin.

Despite being so toxic, blue-ringed octopuses have caused only three confirmed deaths, according to WebMD (opens in new tab) .

Blue-ringed octopuses flash their iridescent rings to warn predators of their toxicity. (Image credit: Subaqueosshutterbug / Getty)

The iridescent blue rings that flash on the octopuses’ bodies warn predators of their toxicity. They can flash their rings in less than 0.4 seconds, thanks to tiny color-changing organs called chromatophores, which are dotted across the animals’ skin.

While blue-ringed octopuses rarely kill people, there have been plenty of close calls.RELATED STORIES—Octopuses torture and eat themselves after mating. Science finally knows why.

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In 2006, a 4-year-old boy was almost killed after being bitten by an octopus he picked up in a rock pool on a beach in Queensland. The boy vomited several times before developing blurred vision and then losing control of most of his muscles, according to a case report published in the journal Clinical Toxicology (opens in new tab) . After spending 17 hours on a ventilator, he eventually made a full recovery. 

And in March 2021, a woman was heavily criticized online after sharing a video of herself holding a blue-ringed octopus in Bali, although she did not know it was highly toxic at the time and escaped unscathed, according to Insider (opens in new tab) .

Blue-ringed octopuses aren’t the only animals that contain tetrodotoxin; it can be found in some newts, frogs and puffer fish. 

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Entertainment

New Universal theme park set to open in UK – with promise of ‘billions’ of pounds for the economy

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New Universal theme park set to open in UK  - with promise of 'billions' of pounds for the economy

A deal for a new Universal theme park in Bedfordshire has been confirmed, which Rachel Reeves says will bring “billions” to the economy and create thousands of jobs.

It will be the first Universal-branded theme park and resort in Europe and is set to open in 2031, when it is expected to become the UK’s most popular visitor attraction.

The government said it will bring an estimated £50bn into the British economy and will create about 28,000 jobs – nearly 20,000 during the construction phase, and 8,000 more in hospitality and the creative industries when it opens.

A 500-room hotel and a retail and entertainment complex is planned alongside the theme park, which will be built on a former brickworks.

Universal, which is owned by Sky News’ US parent company Comcast, expects the 476-acre site just south of Bedford to generate nearly £50bn for the economy by 2055, with 8.5m visitors in its first year.

The plan remains subject to a formal planning decision process from the Ministry of Housing, Communities and Local Government.

Universal has committed to working with local colleges and universities to train students for hospitality jobs.

There are Universal theme parks in Florida (pictured), California, Japan, Beijing and Singapore. Pic: AP
Image:
There are Universal theme parks in Florida (pictured), California, Japan, Beijing and Singapore. Pic: AP

Among some of the famous Universal films are Wicked, Minions, Oppenheimer, Bridget Jones, Fast and the Furious, and Jurassic World.

There are five Universal theme parks already: Orlando in Florida, Hollywood, Japan, Beijing, and Singapore.

The new Universal theme park will be just south of Bedford
Image:
The new Universal theme park will be just south of Bedford

Speaking to Wilfred Frost on Sky News Breakfast, Culture Secretary Lisa Nandy said the deal was “huge”.

“This is not just about numbers on the spreadsheet,” she said.

“This is about good jobs. It’s about growth. It’s about raising people’s living standards and putting money in people’s pockets. And it’s a massive vote of confidence in the United Kingdom.”

Welcoming the timing of the announcement, Ms Nandy added: “This deal comes off the back of one of the most tumultuous few weeks in global markets that I think anyone can remember within living memory.”

She said the fact that the government had been able to show it kept a “cool head” and “we don’t take knee-jerk decisions in response to global events” was one of the reasons it was able to announce the deal.

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A deal for a new Universal theme park in Bedfordshire has been confirmed
Image:
The proposals to transform the site, a former brickworks, remain subject to a formal planning decision process

The government has said about 80% of employees at the theme park are expected to come from local areas, and it will support the “Oxford-Cambridge corridor” revived by the chancellor in January after the Conservatives scrapped plans for an Abingdon-Milton Keynes train link in 2021.

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It will also commit to a “major investment” in infrastructure around the Universal site to ensure it is well-connected and easily accessible.

The announcement comes days after the government approved an expansion of nearby Luton Airport.

Mike Cavanagh, President of Comcast Corporation, said: “We could not be more excited to take this very important step in our plan to create and deliver an incredible Universal theme park and resort in the heart of the United Kingdom, which complements our growing US-based parks business by expanding our global footprint to Europe.

“We appreciate the leadership and support of Prime Minister Keir Starmer, Chancellor Rachel Reeves, Minister for Investment Poppy Gustafsson, Culture Secretary Lisa Nandy and their teams, as we work together to create and deliver a fantastic new landmark destination.”

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Politics

Bitcoin ETFs lose $326M amid ‘evolving’ dynamic with TradFi markets

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Bitcoin ETFs lose 6M amid ‘evolving’ dynamic with TradFi markets

Bitcoin ETFs lose 6M amid ‘evolving’ dynamic with TradFi markets

The evolving relationship between Bitcoin and traditional financial markets is under renewed pressure as global investors flee risk assets amid intensifying US trade tensions.

US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their fourth consecutive day of outflows on April 8, with more than $326 million in net redemptions across products, according to data from Farside Investors.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw the largest sell-off of over $252 million, its biggest daily outflow since Feb. 26.

Bitcoin ETFs lose $326M amid ‘evolving’ dynamic with TradFi markets

Bitcoin ETF flows, US dollars, millions. Source: Farside Investors

The selling pressure follows US President Donald Trump’s April 2 announcement of sweeping reciprocal import tariffs, which triggered a historic $5 trillion wipeout in the S&P 500 over two days.

Related: Bitcoin may rival gold as inflation hedge over next decade — Adam Back

The delayed crypto market turbulence after the tariff-related sell-off in traditional markets highlights Bitcoin’s “evolving relationship with traditional markets,” according to Lennix Lai, global chief commercial officer at OKX exchange.

Lai told Cointelegraph:

“While falling 26% since January’s inauguration, Bitcoin’s relative resilience in the first two days following the tariff announcement — dropping 6% compared to Nasdaq’s 11% decline — suggests a nuanced dynamic emerging between crypto and conventional assets.”

Bitcoin initially remained firmly above the $82,000 support level but plummeted below $75,000 on Sunday, April 6.

Bitcoin ETFs lose $326M amid ‘evolving’ dynamic with TradFi markets

BTC/USD, 1-year chart. Source: Cointelegraph Markets Pro

Some industry leaders attributed Sunday’s sell-off to Bitcoin’s 24/7 liquidity mechanics, which made BTC the only large liquid asset available for de-risking over the weekend.

Related: Bitcoin price can hit $250K in 2025 if Fed shifts to QE: Arthur Hayes

Bitcoin remains tied to global liquidity conditions

While there is an “encouraging sign” of a weakening correlation between Bitcoin and equities, Bitcoin’s price trajectory remains tied to global liquidity conditions, Lai said, adding:

“Though I see early signs of divergence, I believe Bitcoin remains fundamentally tied to global liquidity conditions, warranting caution amid potential market stresses — whilst gold remains as a hedge against geopolitical instability.”

“What’s most significant here isn’t just price action but Bitcoin’s growing conceptual influence — people increasingly view it as a valid strategic reserve asset for diversification in chaotic traditional markets,” Lai added.

Other analysts also see the growing money supply as Bitcoin’s main catalyst.

“Bitcoin trades solely based on the market expectation for the future supply of fiat,” according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.

Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29

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Environment

The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble

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The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble

U.S. President Donald Trump with Mohammed bin Salman, crown prince of Saudi Arabia, at the start of the Group of 20 summit on 28 June 2019.

Bernd von Jutrczenka | picture alliance | Getty Images

DUBAI, United Arab Emirates — The wealthy Arab Gulf states are in a better position than many other regions of the world to manage the economic impact of U.S. President Donald Trump’s tariffs, economists and regional investors say. But a shaky outlook for the price of oil could put some countries’ budgets and spending projects at risk.

Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar make up the Gulf Cooperation Council. Together, they comprise around $3.2 trillion in sovereign financial assets, accounting for 33% of the total sovereign assets worldwide, according to GCC Secretary-General Jasem Mohamed Albudaiwi. 

The GCC also holds approximately 32.6% of the world’s proven crude oil reserves, according to the Statistical Center of the Cooperation Council for the Arab States of the Gulf.

That makes it both an asset for the Trump administration as well as vulnerable to its policies, as Trump has long pushed for OPEC, the oil producer alliance led by Saudi Arabia, to pump more oil to help lower oil prices and offset inflation in the U.S. 

A lower oil price, however, can significantly impact the budget deficits and spending plans for those countries, whose economies — despite diversification efforts — still rely heavily on hydrocarbon revenues.  

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“I think we’re all going to be swept into the maelstrom over the next short period of time. That’s inevitable. But the Middle East, with the balance sheet strength that they have, with the energy support that they still have, providing funding on a near ongoing basis … for me, the Middle East — maybe not today, but over time — should be a relative winner within that mix” when it comes to emerging markets, Powell said.

In considering what the firsthand impact of tariffs might be, Monica Malik, chief economist at Abu Dhabi Commercial Bank, noted that the U.S. is not a major export market for the Gulf.

“The GCC should be in a relatively favourable position to withstand headwinds, especially the UAE,” she wrote in a report for the bank on Friday. 

While the region faces the blanket 10% universal tariff as well as previously imposed tariffs on all foreign steel and aluminum — products that the UAE and Bahrain both export — “we expect the direct impact to be relatively contained, as the US is not a key destination for Gulf exports, averaging just c.3.7% of the GCC’s total exports in 2024,” she said.

Threat to spending plans

Crude and copper have a lot of room to move lower, says Citi's Max Layton

Saudi Arabia needs oil at more than $90 a barrel to balance its budget, the International Monetary Fund estimates. Goldman Sachs this week lowered its oil price forecast for 2026 to $58 for Brent and $55 for U.S. benchmark WTI crude. That’s a significant move lower from its forecast just last Friday of $62 for Brent and $59 for WTI in 2026.

“A weaker global demand and greater supply adds downside risk to our Brent forecast for 2025, though we wait for more market clarity before making any changes,” ADCB’s Malik told CNBC on Monday. OPEC+ is meant to increase oil production levels again in May, and she predicts the group will pause that plan if crude prices stay where they are or fall further. 

“Our greatest concern would be a sharp and sustained oil price fall, which would require a reassessment of spending plans – government and off budget – including capex, while also potentially affecting banking sector liquidity and wider confidence,” Malik warned.

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