Bitcoin

NChain's CEO 'Departs', Claims Evidence Craig Wright Manipulated Bitcoin Creation Documents (forbes.com) 46

Bitcoin creator Satoshi Nakamoto may or may not be businessman Craig Wright, who in 2015 founded the blockchain-tech company nChain.

But nChain's recently-departed CEO Christen Ager-Hanssen's thinks Wright is not Satoshi — and that's just the beginning. According to Forbes Ager-Hanssen went as far as "to leak emails suggesting former gambling billionaire Calvin Ayre, who has heavily backed the company doesn't believe Wright, nChain's chief scientist, is Satoshi Nakamoto.

The alleged email from Ayre begins by citing Wright's "litigation disaster"...' I have been operating under the assumption that you and Ramona have the keys and that you were simply pretending not to have them as part of some strategy that you have trapped yourself in. But now that we are looking at a situation where continuing to deny you have them ruins your life and damages your supporters, I am forced to make a tough decision... There is zero reason to continue to pretend you do not have the keys if you really have them... So either you are a moron for intentionally losing this case, or you are a moron for actually not having the keys... either way, I am not following you over the cliff...
But Ager-Hanssen also shared some thoughts of his own: I can confirm I have departed from nChain Global as its Group CEO with immediate effect after reporting several serious issues to the board of nChain Group including what I believe is a conspiracy to defraud nChain shareholders orchestrated by a significant shareholder. I also had concerns about the ultimate beneficiary shareholder and the real people behind DW Discovery fund registered in Cayman. The chairman also took instructions from shadow directors which I didn't accept.

I have also reported that I have found compelling evidence that Dr Craig Wright has manipulated documents with the aim to deceive the court he is Satoshi. I'm today myself convinced that Dr Craig Wright is NOT Satoshi and I'm persuaded he will lose all his legal battles. The board didn't take action and my job becomes clearly untenable. One of the things I recommended the Chairman of the board was to sack Dr Craig Wright.

I feel sorry for all the great people that work in the company but I don't want to be part of something I clearly don't believe in. #faketoshi

Forbes also notes an X (Twitter) account calling itself "Satoshi Nakamoto" with the handle @Satoshi has posted for the first time since 2018 — though X's community notes feature added: "This isn't the real Satoshi Nakamoto, creator of bitcoin. Its an account related to Craig Wright, who claims to be Satoshi with no material proof."

Thanks to long-time Slashdot reader UnknowingFool for sharing the news.
Japan

Freelancers Aren't Happy With Japan's New Invoice System (japantimes.co.jp) 33

An anonymous reader quotes a report from the Japan Times: From Oct. 1, a new tax regulation decades in the making will go into effect -- and hundreds of thousands of workers in Japan are angry. The Qualified Invoicing System, which requires taxable businesses to issue invoices containing tax information for transactions, has generated a full-fledged movement against it. A petition on Change.org to halt the regulation has received nearly 450,000 signatures. The social movement [...] has held regular demonstrations and conferences advocating against the law, alongside significant protest from the world of pop culture: Animators, filmmakers, voice actors, manga artists and V-tubers of all stripes have joined together against it.

While the law is complex, the reason it's hated is not: It's effectively a tax increase. While the system was created to ensure that businesses will properly pay consumption tax, for many freelancers and small businesses the result will amount to a 10% increase in taxes -- a high enough jump to potentially devastate creatives who already make a living by the narrowest of margins. [...] Those who have already registered as taxable businesses or sole proprietors with sales of over 10 million yen are required to register for the system. Small freelancers and tax-exempt businesses, however, will need to consider carefully what to do. "Tax compliance will be the biggest issue for freelancers," [says Fumiko Mizoguchi, indirect tax service country leader at Deloitte]. "If freelancers agree to issue qualified invoices, they should offer the counter-suggestion that their prices will increase 10% as a result."

Meanwhile, the protest movement is steady on the ground in Tokyo. Voiction, which has been meeting with legislators to try to halt the law, plans on continuing to fight through the rest of the year and beyond. [Voice actress Yuhko Kaida] explains that the government could still decide to allow small businesses to not file 2023's consumption tax in March 2024, when taxes are due. "If we have the willpower, we can stop this law," Kaida says. "Then we can reduce the damage to people's lives."

AI

Amazon Is Set To Supercharge Alexa With Generative AI 29

At its fall hardware event Wednesday, Amazon revealed an all-new Alexa voice assistant powered by its new Alexa large language model. The Verge reports: According to Dave Limp, Amazon's current SVP of devices and services, this new Alexa can understand conversational phrases and respond appropriately, interpret context more effectively, and complete multiple requests from one command. In an interview with The Verge ahead of the event, Limp explained that the new Alexa LLM "is a true generalizable large language model that's very optimized for the Alexa use case; it's not what you find with a Bard or ChatGPT or any of these things."

However, this all-new Alexa isn't being unleashed everywhere, on everyone, all at once. The company is rolling it out slowly through a preview program "in the coming months" -- and only in the US. Clearly, there have been lessons learned from the missteps of Microsoft and Google, and Amazon is proceeding with caution. "When you connect an LLM to the real world, you want to minimize hallucinations -- and while we think we have the right systems in place ... there is no substitute for putting it out in the real world," says Limp. If you want to be notified when you can join the preview, tell your Echo device, "Alexa, let's chat," and your interest will be registered.

Unsurprisingly, this superpowered Alexa may not always be free. Limp said that while Alexa, as it is today, will remain free, "the idea of a superhuman assistant that can supercharge your smart home, and more, work complex tasks on your behalf, could provide enough utility that we will end up charging something for it down the road."
IT

Google Domains Halts Registrations as It Waits for the Google Grim Reaper (arstechnica.com) 30

Google Domains has registered its last domain. From a report: Google announced in July that the service was getting shut down and that it had struck a deal with Squarespace to sell off the existing customer base. Part of that transition process means winding down the existing Google Domains functionality. 9to5Google was the first site to notice that you can no longer buy a domain through the service while it waits for the Google Grim Reaper to arrive. Google Domain's homepage has a notice explaining that this all apparently went down a few days ago, saying, "On September 7, 2023 Squarespace acquired all domain registrations and related customer accounts from Google Domains. Customers and domains will be transitioned over the next few months." You can still manage existing domains on Google Domains, but that's it.
Government

California Legislature Passes Delete Act Regulating Data Brokers (iapp.org) 18

An anonymous reader quotes a report from the International Association of Privacy Professionals: The California State Legislature passed Senate Bill 362, the Delete Act, which is designed to streamline consumers' ability to request the deletion of their personal information collected by data brokers. The bill now awaits the signature of Gov. Gavin Newsom, D-Calif., though he reportedly has given no indication whether he will sign the bill, according to CBS News. Newsom has until 14 Oct. to sign the bill. Should it become law, the Delete Act would empower the CPPA to develop a system by 2026 that allows residents to make a single data deletion request across the nearly 500 registered data brokers operating in the state. The CPPA would also be charged with enforcing provisions of the Delete Act, such as requiring data broker registration and ensuring brokers delete an individual's personal information every 45 days upon receipt of a verified request. [...]

The Delete Act was first introduced by state Sen. Josh Becker, D-Calif., who previously said the legislation patches a loophole in the California Consumer Privacy Act that allowed for consumers to request individual data brokers delete information obtained directly from them but did not require entities to delete personal information aggregated from other sources. "Data brokers spend their days and nights building dossiers with millions of people's reproductive healthcare, geolocation, and purchasing data so they can sell it to the highest bidder," Becker said after the bill originally passed in the Senate in May. "The Delete Act is based on a very simple premise: Every Californian should be able to control who has access to their personal information and what they can do with it."

Crime

Cheating in Tennis: How Cellphone Records Revealed a Massive Match-Fixing Ring (msn.com) 37

"On the morning of his arrest, Grigor Sargsyan was still fixing matches. Four cellphones buzzed on his nightstand with calls and messages from around the world.... The information on his devices would provide a remarkable window into what has become the world's most manipulated sport, according to betting regulators. Thousands of texts, gambling receipts and bank transfers laid out Sargsyan's ascent in remarkable detail..."

That's part one of a two-part story in which more than 181 tennis players are involved, and from more than 30 countries, fixing more than 375 professional tennis matches. The Washington Post reveals the years-long investigation that began when Belgium's gambling commission tipped off their federal prosecutor's office to "irregular wagers on obscure tennis matches played around the world."

The breakthrough came with geolocation data on a cellphone, cross-referenced against the the names of people who'd recently flown to that country... The bets were made in small towns in the Flemish countryside. The gamblers appeared to be acting on inside information; they consistently won even when they bet against steep odds... [Nicolas Borremans, a 45-year-old police investigator based in the Flanders region of Belgium] knew little about sports. He had never watched an entire tennis match. But even a cursory description of the case was enough for him to see how a gambling operation might be used to launder money...

Within a few months, he had traced the accounts of four men who had placed suspicious bets in Belgium, all Armenian immigrants. Their wagers were mostly small — a few hundred euros each — ostensibly to avoid scrutiny. Almost all of the bets were on low-level professional tennis tournaments, where players earned barely enough to pay for their travel. Borremans secured wiretaps on the gamblers' phones, and a team of Armenian interpreters listened in. It became clear that the gamblers were working for someone. They received detailed instructions about which matches to bet on. They weren't gambling just on the outcomes, but on specific scores for sets and games... Borremans added more gamblers to his diagram. "Money mules," he called them. Eventually, he would uncover 1,671 accounts at gambling establishments across Europe. Many were registered by working-class Armenians: mechanics, a pizza deliveryman, a taxi driver.

While the tennis tour "has in recent months issued a raft of bans and suspensions," the article points out that the scale of the gambler/tennis player network "has remained a secret until now, in part because the tour is still working on active investigations related to the operation." (The professional tennis tour has its own investigation unit "formed in part because of pervasive allegations of match-fixing in the sport," which assisted the Belgian police.)

The operation's "maestro" had tried to evade investigators. (One French player received his payment in 21 separate transfers from Armenia.) The maestro also gave the tennis players anonymously-registered SIM cards for communication. But unfortunately, the article points out, every professional tennis player "signs a contract agreeing to hand their phones over to tennis investigators at any time if required." Soon investigators were reading the mastermind's text messages — and even wiretapping his phone calls to his mother.

His phone's search history would later offer a glimpse into his life and concerns. Sargsyan scoured the internet for references to himself and his players ("maestro tennis," "match fixing tennis hossam"); he did some broader research into his world ("tennis corruption," "armenian mafia"); he searched for ways to spend his new fortune ("escort geneve," "villa rent close port mallorca") But, mostly, he searched for new bookmakers ("croatia betting shop," "usa betting," "mybet Australia").
Caught in the investigation were Sebastian Rivera, the Chilean coach based in the United States, and Slovakian tennis player Dagmara Baskova (who says she was paid 10,000 euros for each thrown match). Another French player told investigators "Since 2015, I estimate that I have accepted to deliberately lose or manipulate the outcome of 20 to 30 matches for Maestro, both in singles and doubles." Some tennis players infuriated the maestro by tipping off other gamblers about their plans to throw matches.

Leaving the courtroom for his own trial, the maestro gave this response to the Post reporter asking how he felt about the courtroom proceedings. "If the prosecutor knew what I know, there would be many more people on trial." Later the maestro was sentenced to five years in prison for fraud, money laundering, and leading a criminal organization.
Crime

Ignored by Police, Two Women Took Down Their Cyber-Harasser Themselves (msn.com) 104

Here's how the Washington Post tells the story of 34-year-old marketer (and former model) Madison Conradis, who discovered nude behind-the-scenes photos from 10 years earlier had leaked after a series of photographer web sites were breached: Now the photos along with her name and contact information were on 4chan, a lawless website that allows users to post anonymously about topics as varied as music and white supremacy... Facebook users registered under fake names such as "Joe Bummer" sent her direct messages demanding that she send new, explicit photos, or else they would further spread the already leaked photos. Some pictures landed in her father's Instagram messages, while marketing clients told her about the nude images that came their way. Madison was at a friend's party when she got a panicked call from the manager of a hotel restaurant where she had worked: The photos had made their way to his inbox. After two years, hoping a new Florida law against cyberharassment would finally end the torture, Madison walked into her local Melbourne police station and shared everything. But she was told that what she was experiencing was not criminal.

What Madison still did not know was that other women were in the clutches of the same man on the internet — and all faced similar reactions from their local authorities. Without help from the police, they would have to pursue justice on their own.

Some cybersleuthing revealed the four women all had one follower in common on Facebook: Christopher Buonocore. (They were his ex-girlfriend, his ex-fiance, his relative, and a childhood friend.) Eventually Madison's sister Christine — who had recently passed the bar exam — "prepared a 59-page document mapping the entire case with evidence and relevant statutes in each of the victims' jurisdictions. She sent the document to all the women involved, and each showed up at her respective law enforcement offices, dropped the packet in front of investigators and demanded a criminal investigation." The sheriff in Florida's Manatee County, Christine's locality, passed the case up to federal investigators. And in July 2019, the FBI took over on behalf of all six women on the basis of the evidence of interstate cyberstalking that Christine had compiled...

The U.S. attorney for the Middle District of Florida took action at the end of December 2020, but without a federal law criminalizing the nonconsensual distribution of intimate images, she charged Buonocore with six counts of cyberstalking instead, which can apply to some cases involving interstate communication done with the intent to kill, injure, intimidate, harass or surveil someone. He pleaded guilty to all counts the following January...

U.S. District Judge Thomas Barber sentenced Buonocore to 15 years in federal prison — almost four years more than the prosecutor had requested.

United States

SEC Says NFTs Sold by an LA-based Entertainment Firm Are Securities (fortune.com) 32

In an enforcement action announced on Monday, the Securities and Exchange Commission charged Los Angelesâ"based entertainment company Impact Theory with conducting an unregistered offering of securities via non-fungible tokens, or NFTs. From a report: As the SEC expands its definition of which types of crypto assets qualify as securities, the case breaks new ground by determining that NFTs fall under the agency's jurisdiction. "Absent a valid exemption, offerings of securities, in whatever form, must be registered," Antonia Apps, director of the SEC's New York Regional Office, said in a statement.

The question of whether NFTs qualify as securities has remained open for several years. Before the SEC weighed in, a lawsuit in the U.S. District Court for the Southern District of New York remained the highest-profile case to tackle the issue, with a group of NFT collectors suing Dapper Labs. The plaintiffs alleged that the crypto firm had earned hundreds of millions of dollars by selling unregistered securities. Although Dapper Labs motioned for the case to be dismissed last year, a judge ruled in February that it could move forward, concluding that it was "plausible" NFTs could qualify as securities.

United States

Coinbase Wins Approval To Sell Crypto Futures in US (bloomberg.com) 32

Coinbase has gained approval to sell cryptocurrency derivatives directly to retail consumers in the US. From a report: Coinbase Financial Markets, a subsidiary of the US's biggest crypto exchange, has secured approval from the National Futures Association to operate a Futures Commission Merchant and offer access to crypto futures. The offering will launch within weeks, according to a company spokesperson. Coinbase has been working on the derivatives push for some time. It applied for the NFA approval almost two years ago. In early 2022, it bought futures exchange FairX, which was already registered with US regulators. Renamed Coinbase Derivatives Exchange, it currently sends traders to buy futures from third-parties such as brokers. But with the NFA approval, Coinbase will be able to provide these same derivatives to users directly, first via Coinbase's main app.
Earth

Amazon Loses Key Backer Four Years Into Plan To Eliminate Carbon Emissions (bloomberg.com) 19

Four years into a plan to eliminate its carbon emissions, Amazon has lost a key endorsement from the world's leading watchdog of corporate climate goals. From a report: The Science Based Targets initiative, a United Nations-backed entity that validates net zero plans, has removed Amazon from its list of companies taking action on climate goals after the tech behemoth failed to implement its commitment to set a credible target for reducing carbon emissions. The move raises questions around Amazon's status as a preferred stock among funds marketing themselves as ESG. The world's largest ESG exchange-traded fund, which is managed by BlackRock, lists Amazon among its top three holdings. The company is also held in over 900 ESG funds registered in the European Union alone, representing about 2% of outstanding shares, according to data compiled by Bloomberg.
Crime

'Bulletproof' Web Site Hosting Ransomware Finally Seized, Founder Indicted (cnbc.com) 16

An anonymous reader shared this report from CNBC: The mastermind behind a ransomware hosting service that allegedly helped criminals collect more than 5,000 bitcoin in ransom from hundreds of victims was indicted in federal court this week, prosecutors announced Thursday. Artur Grabowski's LolekHosted service operated for about a decade and advertised itself as a haven for "everything but child porn," according to Florida prosecutors. Clients allegedly used the hosting service to deploy ransomware viruses that infected around 400 networks around the world... [That's 400 just for the Netwalker ransomware, which the announcement calls "one of the ransomware variants facilitated by LolekHosted."]

Grabowski was charged with computer fraud, wire fraud, and conspiracy to commit international money laundering. Grabowski himself is also the subject of a $21.5 million seizure order... Grabowski, a Polish national, faces a maximum sentence of 45 years, if he is ever detained and convicted.

Grabowski also "remains a fugitive," according to an announcement from the U.S. Department of Justice. It notes that the 36-year-old's site — registered in 2014 — also "facilitated" brute-force attacks, and phishing.

"Grabowski allegedly facilitated the criminal activities of LolekHosted clients by allowing clients to register accounts using false information, not maintaining Internet Protocol (IP) address logs of client servers, frequently changing the IP addresses of client servers, ignoring abuse complaints made by third parties against clients, and notifying clients of legal inquiries received from law enforcement."
United Kingdom

Millions of UK Voters' Data Accessible In Cyber Attack (theguardian.com) 14

The UK's Electoral Commission revealed that a cyber attack granted access to the data of 40 million voters. It went unnoticed for a year and was not disclosed to the public for an additional 10 months. The Guardian reports: The Electoral Commission apologized for the security breach in which the names and addresses of all voters registered between 2014 and 2022 were open to "hostile actors" as far back as August 2021. The attack was discovered last October and reported within 72 hours to the Information Commissioner's Office (ICO), as well as the National Crime Agency. However, the public has only now been informed that the electoral registers containing the data of millions of voters may have been accessible throughout that time.

The Electoral Commission said it was "not able to know conclusively" what information had been accessed. It is not known whether the attackers were linked to a hostile state, such as Russia, or a criminal cyber gang. The watchdog said "much of the data" was already in the public domain and insisted it would be difficult for anyone to influence the outcome of the UK's largely paper-based electoral system, but it acknowledged that voters would still be concerned.

The attackers were able to access full copies of the electoral registers, held by the commission for research purposes and to enable permissibility checks on political donations. These registers include the name and address of anyone in the UK who was registered to vote between 2014 and 2022. The commission's email system was also accessible during the attack. The full register held by the Electoral Commission contains name and address data that can be inspected by the public but only locally through electoral registration officers, with only handwritten notes allowed. The information is not permitted to be used for commercial or marketing purposes. The data of anonymous voters whose details are private for safety reasons and the addresses of overseas voters were not accessible to the intruders in the IT system.
A spokesperson for the ICO, the UK's independent regulator on data protection, said: "The Electoral Commission has contacted us regarding this incident and we are currently making inquiries."

They added: "We recognize this news may cause alarm to those who are worried they may be affected and we want to reassure the public that we are investigating as a matter of urgency. In the meantime, if anyone is concerned about how their data has been handled, they should get in touch with the ICO or check our website for advice and support."
Bitcoin

Brazil Central Bank Names Its Digital Currency 'DREX,' Scheduled For 2024 Launch (reuters.com) 14

Brazil's central bank has named its upcoming digital currency "DREX," which it aims to use to boost financial services. DREX is scheduled to launch next year. Reuters reports: The DREX will use distributed ledger technology (DLT) to settle wholesale interbank transactions, while retail access will be based on tokenized bank deposits. Officials from the central bank previously predicted that the adoption of the Brazilian digital currency would commence by the end of 2024, following the completion of its testing phase.

But Fabio Araujo, the coordinator of the initiative at the bank, said that employee strikes demanding better career advancement could potentially impact the project. During a live discussion organized by the central bank, he emphasized that the development of DREX is primarily aimed at improving access to financial services in the country. "By enabling simple and reliable access to registered values through DLT technology, we reduce costs and democratize access to financial services," Araujo stated.

He also highlighted that Brazilians are already engaging in extensive digital payments through the instant payment platform Pix, which was launched in late 2021 and has been widely embraced. Now, the expectation is that DREX will bolster lending, investments, and insurance services. "We aim to make these financial products accessible to the public and increase financial inclusion in Brazil," Araujo added.

Hardware

Superconductor Breakthrough Claims Traced to a Basement Lab in Seoul (yahoo.com) 110

In a neighborhood in Seoul there's an ordinary red-brick, four-story building, reports Bloomberg — but there's something unique about the building's basement office. It's somehow the registered address of the Centre "whose extraordinary claims about a breakthrough in superconductor technology have shocked the scientific community and captivated the world."

Bloomberg also reports that:

- "No one responded when a Bloomberg News reporter knocked on the center's locked doors or reached out via LinkedIn."

- "Goods including bottles of sparkling water delivered to the center's address have been left untouched outside the office's entrance."

- "Multiple attempts to reach the scientists at the Quantum Energy Research Centre were not answered."

- "The center's website has also been closed and says it is 'under construction.'"

However, Kim Hyun Tak, one of the authors of the papers who is a research professor of physics at the College of William & Mary in Virginia, said the skeptical reaction is expected. "It's common practice when a new crucial discovery or invention is made public that there are more people who say that it's not credible," Kim said in a Zoom interview. "It's a natural thing for some people to laugh at it because it's the first time, and they don't even know what it is, but as time passes, they start to believe it...."

In response to questions about why the Quantum Energy Research Centre hasn't provided the materials to other scientists, Kim said that it doesn't have enough inventory of the LK-99 compound nor time to recreate it, and that the researchers have been distracted by the number of journalists trying to contact them. "You know that the office is extremely small and in a poor state." he said. "It's so small, and you need the money to make the compounds. That's why they cannot mass-produce it."

Despite the questions, he remained defiant that the research was sound. "The experimental data speaks for itself," Kim said. "We know it because we're the ones who synthesized it and conducted the studies."

"The claim has been met with widespread excitement globally," adds Bloomberg, "sending related stocks soaring in South Korea and China, but also skepticism as past claims had been later proven wrong."
Open Source

Vim's Creator Bram Moolenaar Dies at Age 62 (google.com) 62

Bram Moolenaar was Vim's creator/maintainer/benevolent-dictator for life. Early this morning his family shared sad news on the Vim-announce Google Group. "It is with a heavy heart that we have to inform you that Bram Moolenaar passed away on 3 August 2023." Moolenaar was 62 years old, and died from "a medical condition that progressed quickly over the last few weeks."

"Bram dedicated a large part of his life to VIM and he was very proud of the VIM community that you are all part of."

Anyone who's used Vim has seen evidence of Moolenaar's generosity. "Vim is Charityware," Moolenaar wrote in its pioneering license. "You can use and copy it as much as you like, but you are encouraged to make a donation for needy children in Uganda." Moolenaar pioneered the concept of charityware decades ago, and also helped to popularize its adoption. To this day Vim users can still view the license by typing the command :help Uganda or :help ICCF. And Vim's sponsor FAQ notes that "Each registered Vim user and sponsor who donates at least 10 euro will be able to vote for new features."

Moolenaar's personal web site also includes photos from his travels around the world, and YouTube has some videos of talks and interviews with Moolenaar.

He was still committing changes to Vim up until a month ago.

In the comments below long-time Slashdot reader bads shares a link to a post from long-time Vim contributor Christian Brabandt : Bram was a great leader to the Vim community and I really enjoyed working with him over the past years, since I became involved with the development of Vim almost 20 years ago.

Bram was of great inspiration in creating a great community, helping people with his charity and he was a great mentor. And now he left too soon. We lost a great leader and I regret never having met him in person.

However to all of the community: I will continue and I hope all of the other contributors will also keep up the good work. I do have access to the Vim homepage and the Vim organization (not sure if all the rights, but I am sure we will work on the details in the near future...) I hope together we will be able to continue successfully.

Bitcoin

Binance, Billionaire Zhao To Seek Dismissal of CFTC Lawsuit (bloomberg.com) 17

Binance, its founder Changpeng Zhao and the crypto exchange's former Chief Compliance Officer Samuel Lim plan to seek the dismissal of a Commodity Futures Trading Commission lawsuit. From a report: The response to the CFTC complaint is due July 27 and the defendants intend to submit motions to dismiss, according to a court filing on Monday. They also sought permission to exceed a 15-page limit on supporting briefs, citing the complexity of the case and the number of arguments they anticipate making. The CFTC in March alleged that Binance and CEO Zhao, also known as CZ, routinely broke US derivatives rules as the firm grew to be the world's largest digital-asset trading platform.

Binance should have registered with the agency years ago and continues to violate the CFTC's rules, the regulator said at the time. The crypto platform previously described the CFTC lawsuit as "unexpected and disappointing." The US Securities & Exchange Commission last month accused Binance and Zhao of mishandling customer funds, misleading investors and regulators, and breaking securities rules. Binance has said that it intends to defend its platform "vigorously."

Transportation

Many People Don't Actually Like Their Car's Infotainment Systems (theverge.com) 110

"People are getting increasingly fed up with their car infotainment systems," reports the Verge: According to JD Power's Automotive Performance, Execution and Layout (APEAL) Study, overall satisfaction among car owners is 845 (on a 1,000-point scale), a decrease of two points from a year ago and three points lower than in 2021. That's the first time in the 28-year history of the study that the consumer research firm registered a consecutive year-over-year decline in owner satisfaction...

Only 56 percent of owners prefer to use their vehicle's built-in system to play audio, down from 70 percent in 2020, JD Power found. Less than half of owners said they like using their car's native controls for navigation, voice recognition, or to make phone calls...

[I]t seems like most people are preferring to use smartphone-mirroring systems like Apple CarPlay and Android Auto, which have proven to be incredibly popular over the years... But it seems like people are warming up to native operating systems, as long as they're developed by Google and not the automaker. JD Power found that models that have Android Automotive with Google Automotive's operating system, AAOS, "score higher in the infotainment category than those with no AAOS whatsoever."

But here's where things get kind of weird: AAOS without Google Automotive Services (GAS) receives the lowest scores for infotainment of the three categories. Google Automotive Services refers to all the apps and services that come with the car when Google is built into the car — also known as "Google built-in." Ford, GM, and Volvo have all said they will use GAS for their current and upcoming vehicles... That's surely music to GM's ears, which recently made the controversial decision to block access to CarPlay and Android Auto in its future EV lineup in favor of a native Google infotainment system.

United States

Ancient Lead-Covered Telephone Cables Have US Lawmakers Demanding Action (arstechnica.com) 65

An anonymous reader quotes a report from Ars Technica: Newly raised concerns about lead-covered telephone cables installed across the US many decades ago are putting pressure on companies like AT&T and Verizon to identify the locations of all the cables and account for any health problems potentially caused by the toxic metal. US Sen. Edward Markey (D-Mass.) wrote a letter to the USTelecom industry trade group this week after a Wall Street Journal investigative report titled, "America Is Wrapped in Miles of Toxic Lead Cables." The WSJ said it found evidence of more than 2,000 lead-covered cables and that there "are likely far more throughout the country."

WSJ reporters had researchers collect samples as part of their investigation. They "found that where lead contamination was present, the amount measured in the soil was highest directly under or next to the cables, and dropped within a few feet -- a sign the lead was coming from the cable," the article said. Markey wrote to USTelecom, "According to the Wall Street Journal's investigation, 'AT&T, Verizon and other telecom giants have left behind a sprawling network of cables covered in toxic lead that stretches across the US, under the water, in the soil and on poles overhead... As the lead degrades, it is ending up in places where Americans live, work and play.'"

Markey wants answers to a series of questions by July 25: "Do the companies know the locations and mileage of lead-sheathed cables that they own or for which they are responsible -- whether aerial, underwater, or underground? Are there maps of the locations and installations? If not, what plans do the companies have to identify the cables? Why have the companies that knew about the cables -- and the potential exposure risks they pose -- failed to monitor them or act?" Markey also asked what plans telcos have to address environmental and public health problems that could arise from lead cables. He asked the companies to commit to "testing for soil, water, and other contamination caused by the cables," to remediate any contamination, and warn communities of the potential hazards. Markey also asked USTelecom if the phone companies will guarantee "medical treatment and compensation to anyone harmed by lead poisoning caused by the cables."
"There is no safe level of lead exposure -- none -- which is why I'm so disturbed by these reports of lead cable lines throughout the country," added US Rep. Frank Pallone Jr. (D-NJ). "It is imperative that these cables be properly scrutinized and addressed."

Another Congressman, Rep. Patrick Ryan (D-NY), said he is considering legislation on remediating contamination from the cables and that telecom companies should "do the right thing and clean up their mess." The Wall Street Journal said its testing in a playground in Ryan's district "registered high levels of lead underneath an aerial cable running along the perimeter of the park."
Sony

Former Pirated Anime Site Turns Into Sony's Global Money Maker (bloomberg.com) 30

An anonymous reader shares a report: When top anime streaming platform Crunchyroll was first gaining popularity as a pirated-video site in the mid-2000s, Japanese animation was considered a niche form of entertainment, appealing mainly to enthusiasts known as otaku. Today, it's a $20 billion industry spanning streaming, games and merchandise, and the company's hit series, such as One Piece and Demon Slayer, have drawn millions of US and European subscribers. Crunchyroll, now owned by Sony Group, is setting its sights on India as a major growth market -- one that could help the industry further expand from a made-in-Japan subculture into a mainstream and global phenomenon.

The company, founded in 2006 by graduates of the University of California at Berkeley, started off as an anime-sharing site. It eventually began streaming only legitimate content, helped by investment from venture capitalists including former News Corp. President Peter Chernin and ownership by AT&T's WarnerMedia. Now the largest anime-dedicated streaming platform in the world, it was bought by Sony in a $1.2 billion deal announced in 2020. Crunchyroll has more than 100 million registered members, including 11 million paid users, after rapid subscriber growth during the pandemic when people binge-watched exotic content. With growth in Western markets moderating, the anime giant is looking to India for its next breakthrough, according to President Rahul Purini.

Earth

World Registers Hottest Day Ever Recorded on July 3 (reuters.com) 126

July 3 was the hottest day ever recorded globally, according to data from the U.S. National Centers for Environmental Prediction. From a report: The average global temperature reached 17.01 degrees Celsius (62.62 Fahrenheit), surpassing the August 2016 record of 16.92C (62.46F) as heatwaves sizzled around the world. The southern U.S. has been suffering under an intense heat dome in recent weeks. In China, an enduring heatwave continued, with temperatures above 35C (95F). North Africa has seen temperatures near 50C (122F). And even Antarctica, currently in its winter, registered anomalously high temperatures. Ukraine's Vernadsky Research Base in the white continent's Argentine Islands recently broke its July temperature record with 8.7C (47.6F).

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