Texts from Binance Reveal Plan to Elude US Authorities

Reuters writes:
Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by U.S. authorities as it started an American entity in 2019, the Wall Street Journal reported on Sunday.

The Wall Street Journal reports:
Any lawsuit from U.S. regulators would be like “nuclear fall out” for Binance’s business and its officers, a Binance executive warned colleagues in a 2019 private chat. Worried about the threat of prosecution, Binance set out on a plan to neutralize U.S. authorities, according to messages and documents from 2018 to 2020 reviewed by The Wall Street Journal as well as interviews with former employees.

The strategy centered on building a bare-bones American platform, Binance.US, that would license Binance’s technology and brand but otherwise appear to be wholly independent of Binance.com. It would shield from U.S. regulators’ scrutiny the larger Binance.com exchange, which would exclude U.S. users. But Binance and Binance.US have been much more intertwined than the companies have disclosed, mixing staff and finances and sharing an affiliated entity that bought and sold cryptocurrencies, according to the interviews and the messages and documents reviewed by the Journal. Binance developers in China maintained the software code supporting Binance.US users’ digital wallets, potentially giving Binance access to U.S. customer data.

If U.S. regulators conclude that these links mean Binance has control over a U.S. company, they could claim the power to police Binance’s entire business, which, to many investors, has been a black box since the start. This would also put Binance’s billionaire founder and chief executive, Changpeng Zhao, and his finances under closer scrutiny…. Developers in Shanghai maintained key software functions at Binance.US at least through the summer of 2021, the Journal has reported. The Shanghai developers’ contracts were with Binance, not with the U.S. platform, according to a person familiar with the agreements.

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Cosmonaut Stranded on Mir in 1991 Now Heads Rescue Mission to ISS

An anonymous readers this surprising story from Mashable:

When a Russian spaceship docked as a lifeboat for three stranded men at the International Space Station in February, one may have wondered if Sergei Krikalev, heading the rescue mission, felt any deja vu.

If that name doesn’t ring a bell, he’s also sometimes known as “the last Soviet” for his more than 311 days spent in space as the Soviet Union collapsed 250 miles beneath him in 1991. He was only meant to be at the Mir station for five months. Instead, he remained for close to a year, never abandoning the outpost.

Today, Krikalev, the former cosmonaut, is the executive director of human spaceflight for the Russian space agency. That means it’s on his watch to make sure NASA astronaut Frank Rubio and cosmonauts Sergey Prokopyev and Dmitry Petelin get back home safely after their ship sprang a leak at the station in December 2022. The three marooned crew members were supposed to return this month. But their mission will now stretch for a year, until a new crew arrives to relieve them on a separate spacecraft in six months.

Krikalev’s story of being stranded in space is now getting a perhaps overdue spotlight with a new podcast series called “The Last Soviet.” And it’s being told by another cosmonaut, Lance Bass….
Few may remember that boy-band member Bass almost made it to space on a Soyuz spacecraft himself. In 2002, he spent about six months, off and on, training in Star City, Russia, and was certified by Russia and NASA to fly a mission to the space station.

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Sam Bankman-Fried is Under House Arrest – at Stanford. Students are Fascinated

FTX founder Sam Bankman-Fried “has been under house arrest at his parents’ home on the Stanford campus since December,” writes the Washington Post, “making the elite university the unlikely host to one of America’s most notorious alleged white-collar criminals.

“Surrounded by student co-ops, fraternity houses and other faculty homes, he’s the talk of the neighborhood.”

Bankman-Fried, the son of two Stanford law professors, was released on a $250 million bond secured by the Craftsman-style house. While awaiting his fraud trial later this year, Bankman-Fried wears an ankle bracelet to track his movements and plays with his new dog, Sandor, according to a Puck News report…. It remains to be seen what consequences Bankman-Fried, who pleaded “not guilty,” might face. So far, his ability to be detained at home, instead of held in prison, is an exception to how most federal defendants are treated. The quiet, traffic-light Stanford neighborhood is quite the upgrade from Fox Hill, a notoriously rough prison in the Bahamas where Bankman-Fried was briefly held before being extradited.

If Bankman-Fried violates the terms of his bail agreement, his parents could lose their house, which they’ve owned since 1991 and is worth over $3.5 million, according to public property records….

The U.S. government has tried to restrict his access to virtual private networks and certain apps where messages disappear, but a final ruling has not been made. The judge presiding over his case asked in a hearing last month, “Why am I being asked to turn him loose in this garden of electronic devices?,” highlighting that despite any restrictions the court might place on Bankman-Fried’s use of technology, he remains in a home with his parents who also have a plethora of ways to be wired. On Friday, prosecutors proposed limiting Bankman-Fried to a flip-phone or “non-smartphone” that cannot access the internet, and that he be issued a new laptop “with limited functionalities.” Prosecutors also want to place strict limits and monitoring tools on his parents’ devices.
But meanwhile, among the student population, “There are party fliers with his likeness. He’s a punchline in campus comedy sketches. Students ride their bikes by on dates…. When asked whether they could confirm a rumor that a nearby student co-op had attacked the Bankman-Fried home with eggs, Stanford campus police did not respond.”
And one freshman/cryptocurrency enthusiast even stole a sign from in front of Bankman-Fried’s house, then “paraded it around for selfies at a cryptocurrency networking event. The sign is currently growing mold in his dorm-room closet.”

Bankman-Fried, who grew up on campus, “certainly fits into what I regard as the kind of culture of Stanford,” says Richard White, a retired Stanford history professor — even if the 30-year-old former billionaire left Silicon Valley to attend MIT. White and others characterize Stanford’s culture as a place where faculty and students are emboldened to take big risks in conceiving the next hot start-up or breakthrough innovation, often with easy access to capital, the conviction that they’re changing the world — and few consequences if things go south.
“Through his spokesman Mark Botnick, Bankman-Fried declined to comment for this article….”

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Amazon Employees Are Fighting on Slack About Returning to the Office

An anonymous reader shares this report from Entrepreneur:

Amazon employees are fighting it out about the company’s planned return to the office in Slack channels, according to Insider. First, employees created a Slack channel to fight against the policy. Then, a pro-office return group was formed, the outlet reported….

Per CNBC, “remote advocacy” became a common Slack channel status. However, some people who welcomed a return to office life fought back, Insider reported. Over 700 people joined a pro-return-to-office group. Its description says employees need to “Think Big” about the return to office policy. (By comparison, the pro-working remotely channel has around 28,000 members.)

“I look forward to the prospect of seeing more of my coworkers in the office,” one person reportedly wrote in the channel. Another said that the company should try out the four-day workweek and swap out the remote-flexible schedule. Another message links to a 2021 article in the Harvard Business Review called: “Why You May Actually Want to Go Back to the Office.”

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Ask Slashdot: Can You Use an Unsafe Computer Safely?

“I think the answer is no, but there are some clever people around here,” writes long-time Slashdot reader shanen, “so…

“Is there any firewall or router or some other device that can adequately protect an old and no longer supported computer?”

I have at least two of those that come to mind, and I might use them more often if there was a safe way to connect them to the Internet.

The specifics probably matter, though that’s like opening a can of worms, but… One is a little old machine running an old and no longer supported version of Linux. Another is a Windows XP box that’s too customized at a low level to run Linux.

But the big concern involves a couple of old boxes that are only alive now because Windows 10 saved them from the end-of-service of Windows 7. Right now it looks like they might outlive Windows 10, too, but two of them are not suitable for Windows 11. Plus my spouse has an old Windows 8 box now running under 10…

What happens when you combine missed security updates with internet connectivity? Share your best thoughts in the comments.

Can you use an unsafe computer safely?

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Scooter Startup Lime Sues Hertz For Poaching Engineers

Urban scooter company Lime sued Hertz Corp on Thursday alleging unfair competition and accusing the rental car giant of improperly hiring the startup’s senior engineers. Reuters reports: San Francisco-based Neutron Holdings Inc, which does business as Lime, filed the lawsuit (PDF) in California federal court seeking unspecified monetary damages and an injunction “to recover and protect its trade secrets.” It also named Charlie Fang, who previously was Lime’s head of engineering, and another engineer as defendants. Lime claimed that Fang, who joined Hertz last year as a senior vice president, violated his employment agreement to not solicit former colleagues after leaving the company.

Hertz said in a statement it “vehemently disagrees with the claims made in the lawsuit.” The loss of engineers has “significantly harmed” Lime, which provides short-term e-bike and scooter rentals in about 30 countries. The company said in the lawsuit it now faces “staff shortages, recruiting costs, and critical project delays.” Hertz sought to “capitalize” on Fang and his team’s knowledge of building “back-end infrastructure for ride-sharing and consumer facing apps so that it could gain a competitive advantage over other companies,” according to the complaint.

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Stable Diffusion AI Art Generator Now Has an Official Blender Plug-In

A popular app for 3D artists just received an accessible way to experiment with generative AI: Stability AI has released Stability for Blender, an official Stable Diffusion plug-in that introduces a suite of generative AI tools to Blender’s free 3D modeling software. The Verge reports: The add-on allows Blender artists to create images using text descriptions directly within the software — just like the Stable Diffusion text-to-image generator. You can also create images using existing renders, allowing you to experiment with various styles for a project without having to completely remodel the scene you’re working on. Textures can similarly be generated using text prompts alongside reference images, and there’s also the function to create animations from existing renders. The results for the latter are… questionable, even in Stability’s own examples, but it’s fun to play around with crudely transforming your projects into a video format.

Stability for Blender is completely free and doesn’t require any additional software or even a dedicated GPU to run. Providing you have the latest version of Blender installed, all you need to get Stable Diffusion running inside it is an internet connection and a Stability API key (which you can get directly from Stability AI). Installing the plug-in is relatively straightforward, and Stability has provided several tutorials to walk through how to use its various features.

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Universal Hydrogen’s 40-Passenger Hydrogen Electric Plane Completes Maiden Flight

Mere weeks after achieving experimental airworthiness certification from the Federal Aviation Administration (FAA), Universal Hydrogen has successfully taken its 40-passenger regional hydrogen electric plane to the skies. Electrek reports: Universal Hydrogen is celebrating today following the first successful flight of the hydrogen electric plane this morning, which took off in Grant County, Washington, at 8:41 a.m. PST and flew for 15 minutes. For this initial flight, one of the airplane’s engines was replaced with Universal Hydrogen’s fuel cell-electric powertrain. The other standard engine remained to ensure the safety of the plane and its pilot, former US Air Force test pilot Alex Kroll.

Kroll spoke to the confidence achieved during flight: “During the second circuit over the airport, we were comfortable with the performance of the hydrogen powertrain, so we were able to throttle back the fossil fuel turbine engine to demonstrate cruise principally on hydrogen power. The airplane handled beautifully, and the noise and vibrations from the fuel cell powertrain are significantly lower than from the conventional turbine engine.”

Connect has secured the first US order to convert 75 ATR 72-600 planes to Universal Hydrogen powertrains with the purchase rights for 25 more. With the first successful flight complete, Universal Hydrogen kicks off a two-year testing program that is expected to enable full certification for hydrogen electric passenger flights using the aforementioned ATR 72 planes by 2025. The flight also marks the Dash-300 flying test bed as the largest hydrogen electric plane to take flight, paving the way for more hydrogen electric conversions of existing aircraft. You can watch a video of the flight on YouTube or embedded in Electrek’s article.

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Apple Blocks Update of ChatGPT-Powered App

Apple has delayed the approval of an email-app update with AI-powered language tools over concerns that it could generate inappropriate content for children, according to communications Apple sent to the app maker. The software developer disagrees with Apple’s decision. From a report: The dispute shows the broad concerns about whether language-generating artificial-intelligence tools, such as ChatGPT, are ready for widespread use. Apple took steps last week to block an update of email app BlueMail because of concerns that a new AI feature in the app could show inappropriate content, according to Ben Volach, co-founder of BlueMail developer Blix, and documents viewed by The Wall Street Journal. BlueMail’s new AI feature uses OpenAI’s latest ChatGPT chatbot to help automate the writing of emails using the contents of prior emails and calendar events. ChatGPT allows users to converse with an AI in seemingly humanlike ways and is capable of advanced long-form writing on a variety of topics.

“Your app includes AI-generated content but does not appear to include content filtering at this time,” Apple’s app-review team said last week in a message to the developer reviewed by the Journal. The app-review team said that because the app could produce content not appropriate for all audiences, BlueMail should move up its age restriction to 17 and older, or include content filtering, the documents show. Mr. Volach says it has content-filtering capabilities. The app’s restriction is currently set for users 4 years old and older. Apple’s age restriction for 17 and older is for categories of apps that may include everything from offensive language to sexual content and references to drugs. Mr. Volach says that this request is unfair and that other apps with similar AI functions without age restrictions are already allowed for Apple users.

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Apple Suppliers Are Racing To Exit China, AirPods Maker Says

Apple’s Chinese suppliers are likely to move capacity out of the country far faster than many observers anticipate to pre-empt fallout from escalating Beijing-Washington tensions, according to one of the US company’s most important partners. From a report: AirPods maker GoerTek is one of the many manufacturers exploring locations beyond its native China, which today cranks out the bulk of the world’s gadgets from iPhones to PlayStations. It’s investing an initial $280 million in a new Vietnam plant while considering an India expansion, Deputy Chairman Kazuyoshi Yoshinaga said in an interview. US tech companies in particular have been pushing hard for manufacturers like GoerTek to explore alternative locations, said the executive, who oversees GoerTek’s Vietnamese operations from northern Bac Ninh province.

“Starting from last month, so many people from the client side are visiting us almost every day,” Yoshinaga said from his offices at GoerTek’s sprawling industrial complex north of Hanoi. The topic that dominates discussions: “When can you move out?” The expanding conflict between the US and China, which began with a trade war but has since expanded to encompass sweeping bans on the exchange of chips and capital, is spurring a rethink of the electronics industry’s decades-old supply chain. The world’s reliance on the Asian nation became starkly clear during the Covid Zero years, when Beijing’s restrictions choked off the supply of everything from phones to cars.

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