Is Insider Trading ‘Common’ in NFTs? (And is It Really Insider Trading?)

What happened after U.S. prosecutors indicted an NFT marketplace’s product manager for insider trading? Vice reports:

The reaction among crypto investors was largely characterized by surprise, and an acknowledgement that trading on insider information (considered by some to be A-OK in private markets) is rampant in the space. “Bro they are prosecuting insider trading on NFTs. we’re all fucked,” said one pseudonymous user in reply to a tweet about the case by Steven Zheng, director of research at The Block. “This is pretty shocking. I can’t imagine any NFT or DeFi developer doesn’t somehow profit from insider trading,” said another.

Of course, not every NFT investor sees this kind of activity as acceptable. Traders themselves first brought Chastain’s activity to light in September using blockchain records. A pseudonymous NFT trader, who goes by Zuwu, pointed out those trades, which were easily traceable to Chastain’s publicly-known Etheruem address.

Unlike Chastain, other NFT traders involved in potential insider trades are often too careful to leave traces. When they do, blockchain sleuths are quick to uncover those signs of unsavory behavior and call them out — a recent phenomenon that attempts to bring some justice to an otherwise permissive market.

As a result, that surprise move by the U.S. Department of Justice has NFT traders wondering what’s on the horizon for this largely unregulated industry. “Insider trading is a pretty common problem in the NFT space, especially in the case of hyped-up NFT collections as lots of stuff on the market is being driven by FOMO,” Fedor Linnik, an NFT trader and creator, told Motherboard.
The article also explores the question of whether the NFT marketplace falls under same restrictions as stock trading, with a professor of securities law calling it “somewhat misleading” to label this an “insider trading” case.

Even to call it a wire fraud case is a stretch, the professor tells them, adding “If it goes to a jury they will wonder why they should care whether someone traded jpegs ahead of them being moved around on a webpage.”

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Leaked Google Pixel 7 Reportedly Listed on eBay, Sold on Facebook Marketplace

Earlier this week an alleged prototype of Google’s upcoming Pixel 7 smartphone was reportedly listed for sale on eBay, the Verge reported. (“The distinctive camera bar is back, and this year it’s an aluminum bar with cutouts for the cameras…” they wrote, adding “We’ve collected images from the eBay listing into the gallery below, if you want to scrutinize them for yourself.”)

But now a Reddit user is claiming they actually bought Google’s as-yet-unreleased Pixel 7 Pro smartphone on Facebook Marketplace — and then used it for three weeks without realizing it. (Because the seller had listed it as a Pixel 6 Pro without a box.)

From the Verge’s new report today:
Google pre-announced the Pixel 7 and 7 Pro at its I/O keynote last month, revealing what the devices will look like and… not much else. They’ll very likely make their formal debut in October with Android 13. These alleged prototypes haven’t shed much more light on what we can expect from the phones, either — just confirmation that it’s using a different modem than the Pixel 6 series and that it appears to come in a variant with 256GB of storage and 12GB of RAM.

There probably won’t be much more we can learn from it, either. The purchaser of the alleged prototype said that the phone had been functioning fine until a few days ago when it seems to have been remotely wiped.

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Ask Slashdot: Why Haven’t They Increased Size Limits for Email Attachments?

“Email system are quite capable of sending and receiving large attachments,” writes long-term Slashdot reader Stonefish “However, size limits are generally tiny.”

And then he tells a story…

In the late 1990s I worked for a research organisation maintaining their mail system, and had recently introduced mail size constraints. Within the first day it had blocked a number of emails — including a 700MB attachment.

Being a master of all thing Internet I called up the sender to tell him how firstly how such a large email would cause problems for the receiver, and secondly how there were far more efficient ways of sending things. Given that he was on the same campus he invited me down to his lab to discuss this further. (After showing me round his lab, which was pretty impressive apart from the large “Biohazard” and “Radioactive” materials labels on the doors.) He told me that the facility he was sending the attachments to was a supercomputing hub with similar “Fat” pipes to the Internet so the large emails weren’t a problem. I then spoke about the “efficiency” of the mail protocol and he said that he’d show me what efficient was and did a quick, “drag, drop and send” of another 700MB file of his latest research results.

He was right, I was wrong, it was efficient from his perspective and all his previous emails were easily available demonstrating when and where they were sent. As a result of this we changed our architecture and bought bulk cheap storage for email as it was a cheap, searchable and business focused approach to communications.

However 20 years plus later, even though networks are tens of thousands of times faster and storage is tens of thousands of times cheaper — email size limits remain about the same. Email remains cheap, efficient and ubiquitous — but we expect people to upload a file to a site and generate a link and embed in a manner that means we lose control of our data or it disappears in 12 months.

What’s missing from this analysis? (Wikipedia’s page on email attachments notes the intermediate “mail transfer agents” that store and forward email “and may therefore also impose size limits.”) But even that page admits some attachment limits are arbitrary.

I always assumed it was an anti-piracy measure. Anyone know the real answer? Share your own thoughts in the comments.
Why haven’t they increased size limits for email attachments?

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GNOME Shell is Being Ported to Phones

“As part of the design process for what ended up becoming GNOME 40 the design team worked on a number of experimental concepts,” reports a blog post at Gnome.org’s shell-dev blog, “a few of which were aimed at better support for tablets and other smaller devices.”

“Ever since then, some of us have been thinking about what it would take to fully port GNOME Shell to a phone form factor.”
It’s an intriguing question because post-GNOME 40, there’s not that much missing for GNOME Shell to work on phones, even if not perfectly…. On top of that, many of the things we’re currently working towards for desktop are also relevant for mobile, including quick settings, the notifications redesign, and an improved on-screen keyboard. Given all of this synergy, we felt this is a great moment to actually give mobile GNOME Shell a try. Thanks to the Prototype Fund, a grant program supporting public interest software by the German Ministry of Education (BMBF), we’ve been working on mobile support for GNOME Shell for the past few months.

We’re not expecting to complete every aspect of making GNOME Shell a daily driveable phone shell as part of this grant project. That would be a much larger effort because it would mean tackling things like calls on the lock screen, PIN code unlock, emergency calls, a flashlight quick toggle, and other small quality-of-life features. However, we think the basics of navigating the shell, launching apps, searching, using the on-screen keyboard, etc. are doable in the context of this project, at least at a prototype stage.

Of course, making a detailed roadmap for this kind of effort is hard and we will keep adjusting it as things progress and become more concrete… There’s a lot of work ahead, but going forward progress will be faster and more visible because it will be work on the actual UI, rather than on internal APIs. Now that some of the basics are in place we’re also excited to do more testing and development on actual phone hardware, which is especially important for tweaking things like the on-screen keyboard.

Their blog post includes a video showing “what this currently looks like on laptops” and then one showing it running “on actual phone hardware.” And someone has also posted a video on Twitter showing it running on a OnePlus 6 smartphone.

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Bees Are ‘Fish’ Under Calif. Endangered Species Act – State Court

Bumblebees are eligible for protection as endangered or threatened “fish” under California law, a state appeals court held in a win for environmental groups and the state’s Fish and Game Commission. From a report: The Sacramento-based California Court of Appeal reversed a lower court’s ruling Tuesday for seven agricultural groups who argued that the California Endangered Species Act (CESA) expressly protects only “birds, mammals, fish, amphibians, reptiles, and plants” — not insects.

While “fish” is “commonly understood to refer to aquatic species, the term of art employed by the Legislature … is not so limited,” Associate Justice Ronald Robie wrote for the appeals court. CESA itself does not define “fish,” but the law is part of the California Fish and Game Code. The code’s definition includes any “mollusk, crustacean, invertebrate (or) amphibian,” Robie wrote. All those categories “encompass terrestrial and aquatic species,” and the state legislature has already approved the listing of at least one land-based mollusk, the opinion said.

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The Energy In Nuclear Waste Could Power the US For 100 Years, But the Technology Was Never Commercialized

There is enough energy in the nuclear waste in the United States to power the entire country for 100 years with clean energy, says Jess C. Gehin at the Idaho National Laboratory. CNBC reports: There are 93 commercial nuclear reactors at 55 operating sites in the United States, according to Scott Burnell, spokesperson for the Nuclear Regulatory Commission. Twenty-six are in some stage of decommissioning process. All of the nuclear reactors that operate in the U.S. are light-water reactor designs […]. In a light-water reactor, uranium-235 fuel powers a fission reaction, where the nucleus of an atom splits into smaller nuclei and releases energy. The energy heats water, creating steam which is used to power a generator and produce electricity. The nuclear fission reaction leaves waste, which is radioactive and has to be maintained carefully. There are about 80,000 metric tons of used fuel from light-water nuclear reactors in the United States and the existing nuclear fleet produces approximately an additional 2,000 tons of used fuel each year, Gehin told CNBC. But after a light-water reactor has run its reactor powered by uranium-235, there is still tremendous amount of energy potential still available in what is left.

“Fundamentally, in light-water reactors, out of the uranium we dig out of the ground, we use a half a percent of the energy that’s in the uranium that’s dug out of the ground,” Gehin told CNBC in a phone interview. “You can get a large fraction of that energy if you were to recycle the fuel through fast reactors.” Fast reactors don’t slow down the neutrons that are released in the fission reaction, and faster neutrons beget more efficient fission reactions, Gehin told CNBC. “Fast neutron reactors can more effectively convert uranium-238, which is predominantly what’s in spent fuel, to plutonium, so you can fission it,” Gehin said.

Even as private companies are working to innovate and commercialize fast reactor designs, there are significant infrastructure hurdles. Before nuclear waste can be used to power fast reactors, it has to go through reprocessing. Right now, only Russia has the capacity to do this at scale. France, too, has the capacity to recycle used nuclear waste, Gehin said, but the country generally takes its recycled fuel and puts it back into existing light water reactors. For now, the Idaho National Lab can reprocess enough fuel for research and development, Gehin told CNBC, but not much more.

Private companies commercializing fast reactor technology are pushing for domestic fuel supply chains to be developed. TerraPower says it’s investing in supply chains and working with elected leaders to build political support, while Oklo has received three government awards and is working with the government to commercialize fast reactor fuel supply chains domestically. The other option to power fast reactors is to create HALEU fuel, which stands for high-assay low-enriched uranium, from scratch, rather than by recycling nuclear waste. (Where conventional reactors use uranium enriched up to 5%, HALEU is uranium enriched up to 20%.) It’s arguably easier to produce HALEU directly than by recycling spent waste, says Gehin, but ultimately, the cheaper option will win out. “It will be largely be driven by what makes sense economically.” Regardless, Russia is the only country that has the capacity to make HALEU at commercial scale.

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Someone Leaked Classified Chinese Tank Schematics To Win an Online Argument

schwit1 shares a report from Task & Purpose: A fan of the popular mechanized combat simulator ‘War Thunder’ shared the specs of China’s Type 99 Main Battle Tank online in order to win an argument over the game. […] The latest incident, first reported by the OSINTtechnical Twitter account, involves information in Mandarin on the penetrator section of a Chinese tank round along with a technical diagram. While many of the original images have been taken down, they were essentially the schematics for a Chinese tank munition, presumably revealed to the world so a video game could more accurately depict what would happen if a Chinese tank and an American tank — or British, French, Russian, German or Israeli tank — met in combat. And this isn’t the first time these forums have become an outlet for technical leaks. […]

The most recent leak, the latest leak, from someone with access to the latest technical manuals from China’s People’s Liberation Army, occurred because a user wanted the game’s Chinese battle tanks to have better in-game stats. While most of the information about the Chinese tank round was already known, it was still apparently more important for one gamer to prove another gamer wrong on a message board than it was to consider the implications of publishing the technical details of military munitions online.

The video game developer, Gaijin Entertainment, banned the user, telling Kotaku that, “Our community managers immediately banned the user and deleted his post, as the information on this particular shell is still classified in China. Publishing classified information on any vehicle of any nation at War Thunder forums is clearly prohibited, and the game developers never use it in their work.”

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Toyota’s Prototype ‘Cartridge’ Is a Way To Make Hydrogen Portable

Toyota and its subsidiary Woven Planet have unveiled a new portable cartridge prototype for hydrogen. “The idea is that they can be filled up at a dedicated facility, transported where needed, then returned when you receive your next shipment,” reports Engadget. From the report: The cartridges would be relatively small at 16 inches long, 7 inches in diameter and about 11 pounds in weight. Toyota calls them “portable, affordable, and convenient energy that makes it possible to bring hydrogen to where people live, work, and play without the use of pipes.. [and] swappable for easy replacement and quick charging.”

They could be useful for “mobility [i.e. hydrogen cars], household applications, and many future possibilities we have yet to imagine,” Toyota said. It didn’t mention any specific uses, but it said that “one hydrogen cartridge is assumed to generate enough electricity to operate a typical household microwave for approximately 3-4 hours.”

In its press release, Toyota acknowledges that most hydrogen is made from fossil fuels and so not exactly green. But it thinks that it’ll be generated with low carbon emissions in the future, and that the cartridges could help with some of the infrastructure issues. Toyota plans to test that theory by conducting proof of concept trials in various places, including its “human-centered smart city of the future,” Woven City in Susono City, Zhizuoka Prefecture in Japan. The company is also “working to build a comprehensive hydrogen-based supply chain aimed at expediting and simplifying production, transport, and daily usage,” it said.

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Older iPads May Soon Be Able To Run Linux

Older iPads with the Apple A7- and A8-based chips may soon be able to run Linux. “Developer Konrad Dybcio and a Linux enthusiast going by “quaack723″ have collaborated to get Linux kernel version 5.18 booting on an old iPad Air 2, a major feat for a device that was designed to never run any operating system other than Apple’s,” reports Ars Technica. From the report: The project appears to use an Alpine Linux-based distribution called “postmarketOS,” a relatively small but actively developed distribution made primarily for Android devices. Dybcio used a “checkm8” hashtag in his initial tweet about the project, strongly implying that they used the “Checkm8” bootrom exploit published back in 2019 to access the hardware. For now, the developers only have Linux running on some older iPad hardware using A7 and A8-based chips — this includes the iPad Air, iPad Air 2, and a few generations of iPad mini. But subsequent tweets imply that it will be possible to get Linux up and running on any device with an A7 or A8 in it, including the iPhone 5S and the original HomePod.

Development work on this latest Linux-on-iDevices effort is still in its early days. The photos that the developers shared both show a basic boot process that fails because it can’t mount a filesystem, and Dybcio notes that basic things like USB and Bluetooth support aren’t working. Getting networking, audio, and graphics acceleration all working properly will also be a tall order. But being able to boot Linux at all could draw the attention of other developers who want to help the project.

Compared to modern hardware with an Apple M1 chip, A7 and A8-powered devices wouldn’t be great as general-purpose Linux machines. While impressive at the time, their CPUs and GPUs are considerably slower than modern Apple devices, and they all shipped with either 1GB or 2GB of RAM. But their performance still stacks up well next to the slow processors in devices like the Raspberry Pi 4, and most (though not all) A7 and A8 hardware has stopped getting new iOS and iPadOS updates from Apple at this point; Linux support could give some of these devices a second life as retro game consoles, simple home servers, or other things that low-power Arm hardware is good for. Further reading: Linux For M1 Macs? First Alpha Release Announced for Asahi Linux

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