Tesla has a vast network of over 30,000 superchargers spread across the globe. But there's also already another network of over 730 D.C. charging stations spread across the U.S. by "Electrify America."

Thank Volkswagen, which founded the company as part of a $2 billion agreement to create clean car infrastructure in America after admitting it had cheated on diesel emissions tests, Reuters reported in 2017.

But now they're trying to upgrade the vehicle-charging experience into a "customer oasis," reports The Drive: Chargers are typically out in the middle of nowhere with nothing else to do, not very well lit, use hardware that very much feels like it was the first iteration of something, and are often just not very nice places to be. Electrify America, evidently, knows this and is planning to massively improve the electric car charging experience by appearing to model its new flagship charging stations after something we already know and are comfortable with: gas stations. The new locations are said to be designed aesthetically with its surrounding communities in mind and have been described with words like "customer oasis."

Housing up to 20 DC fast chargers, the new EA stations will feature solar canopies that do double duty in helping provide electricity for the cars and covering customers from the elements, a lot like how most gas stations have roofs. In addition to being part of these new fancy stations right out of the gate, Electrify America says it's also retrofitting similar awnings to 100 existing stations across the U.S., covering 400-500 individual chargers...

Further making these stations a nice place to hang out is the presence of lounges and possibly even EV showcase areas. Ones located at shopping centers may even feature valet charging and curbside delivery services....

As somebody who staunchly believes that the public charging infrastructure is, far and away, the least appealing part of owning a non-Tesla EV, it all looks and sounds very enticing. However, like all big and new things, it'll be coming to the two coastal U.S. regions first. Electrify America's new flagship charging stations will be installed throughout 2022 and 2023 exclusively in California and New York, with the company specifically namechecking Santa Barbara, San Francisco, San Diego, Beverly Hills, Manhattan, and Brooklyn. Existing flagship locations can be found in Baker and Santa Clara, California.
Newsweek adds that the company "will also expand the deployment of battery energy storage systems to 150 sites. These systems store energy when electricity costs are low and deploys it to supplement a surge in a station's overall energy demand."

The Washington Post looks at what happened after Starlink activated its satellite-based internet service to help Ukraine: Ukraine has already received thousands of antennas from Musk's companies and European allies, which has proved "very effective," Ukraine's minister of digital transformation, Mykhailo Fedorov said in an interview with The Washington Post Friday. "The quality of the link is excellent," Fedorov said through a translator, using a Starlink connection from an undisclosed location. "We are using thousands, in the area of thousands, of terminals with new shipments arriving every other day...." A person familiar with Starlink's effort in Ukraine, speaking on the condition of anonymity to discuss sensitive matters, said there are more than 5,000 terminals in the country....

Internet flows deteriorated on the first day of Russia's invasion of Ukraine on Feb. 24 and have not fully recovered, according to data-monitoring services. But since that initial dip, connectivity has remained fairly stable, with mainly temporary, isolated outages even during heavy Russian shelling. "Every day there are outages, but generally service comes back," said Doug Madory, director of Internet analysis for Kentik, which monitors global data flows.

Even before Fedorov tweeted at Musk for help, SpaceX was working on a way to get Starlink to Ukraine. President and COO Gwynne Shotwell said in a talk at California Institute of Technology this month that the company had been working for several weeks to get regulatory approval to allow the satellites to communicate in Ukraine.
In addition, the Washington Post reports, this week on Twitter Elon Musk also "challenged Putin to a fight and followed up by pledging he would use just one hand if Putin was scared. And he told Putin he could bring a bear." Reached for comment by the Post's reporters, Elon Musk responded by telling The Post to give his regards "to your puppet master Besos," following it with two emojis.

But the Post's article also argues Starlink's technology "could have widespread implications for the future of war. Internet has become an essential tool for communication, staying informed and even powering weapons." And The Telegraph reports that Starlink "is helping Ukrainian forces win the drone war as they use the technology in their effort to track and kill invading Russians." In the vanguard of Ukraine's astonishingly effective military effort against Vladimir Putin's forces is a unit called Aerorozvidka (Aerial Reconnaissance) which is using surveillance and attack drones to target Russian tanks and positions. Amid internet and power outages, which are expected to get worse, Ukraine is turning to the newly available Starlink system for some of its communications. Drone teams in the field, sometimes in badly connected rural areas, are able to use Starlink to connect them to targeters and intelligence on their battlefield database. They can direct the drones to drop anti-tank munitions, sometimes flying up silently to Russian forces at night as they sleep in their vehicles...

Should Ukraine's internet largely collapse, the "drone warriors" of Aerorozvidka would still be able to communicate with their bases by sending signals from mobile Starlink terminals, and using ground stations in neighbouring countries including Poland.... As Ukraine's internet is inevitably degraded, Starlink will be an alternative. General James Dickinson, commander of US Space Command, told the Senate armed services committee: "What we're seeing with Elon Musk and the Starlink capabilities is really showing us what a megaconstellation, or a proliferated architecture, can provide in terms of redundancy and capability."
It's not all Starlink. The Telegraph points out that "The Ukrainian system benefitted from equipment given by Western countries, including radio communications which superceded Soviet-era technology, and the US has also poured in millions of dollars to protect against Russian hacking, jamming of signals and attempts to 'spoof' GPS technology."

And meanwhile, weakness in Russia's own communications infrastructure may have played a role in the killing of five senior Russian generals in the last three weeks, according to a recent CNN interview with retired U.S. army general and former CIA director David Petraeus: "The bottom line is that [Russia's] command-and-control has broken down. Their communications have been jammed by the Ukranians.

Their secure comms didn't work. They had to go single-channel. That's jammable, and that's exactly what the Ukranians have been doing to that. They used cellphones. The Ukranians blocked the prefix for Russia, so that didn't work. Then they took down 3G. [The Russians] are literally stealing cellphones from Ukranian civilians to communicate among each other.

So what happens? The column gets stopped. An impatient general is sitting back there in his armored or whatever vehicle. He goes forward to find out what's going on... And the Ukranians have very, very good snipers, and they've just been picking them off left and right.
Thanks to long-time Slashdot reader schwit1 for submitting the story.

"Bitcoin was seen by many of its libertarian-leaning fans as a kind of doomsday insurance," argues a columnist in the New York Times, "a form of 'digital gold' that would be a source of stability as the world grew more chaotic and unpredictable....

"But Bitcoin hasn't boomed.... Bitcoin prices are down 10 percent in the past month, and Ether, the second most popular crypto coin, is down roughly 15 percent.Day-to-day usage of cryptocurrencies isn't picking up the way you'd expect, either. Bitcoin trading volume rose after Russia invaded Ukraine, but it has remained relatively flat since, suggesting that people aren't rushing to trade their rubles and hryvnia (Ukraine's currency) for digital currencies. Russian oligarchs don't appear to be using crypto to evade sanctions en masse, either, despite initial fears that they might...."

The column ultimately argues that bitcoin isn't playing a central role in the unfolding crisis. "Which raises the obvious question: Why not?" One possibility is that crypto is still too confusing and too difficult for normal people to use, especially during a war. Internet access is spotty in many parts of Ukraine, and reports have suggested that even the country's elites are struggling to convert their assets into crypto.

Another possibility, popular among skeptics of Bitcoin and other cryptocurrencies, is that Bitcoin is still too volatile to be useful as a hedge against economic and political instability. "The Bitcoin and crypto communities have been selling a false narrative all these years that Bitcoin is supposed to be a safe haven from the traditional financial markets," said Jimmy Nguyen, the president of the Bitcoin Association, a cryptocurrency trade group. (His group promotes a Bitcoin spinoff, Bitcoin SV, that sees itself as a more useful version of the cryptocurrency.) Bitcoin is doomed, Mr. Nguyen argues, because it can be slow and expensive to process transactions, making it less useful for paying for things. "And so a lot of Bitcoin supporters have had to come up with this argument that it's meant to be a reserve asset," he said.

Kevin Werbach, a professor of legal studies and business ethics at the Wharton School at the University of Pennsylvania, floated a different theory. Bitcoin's earliest and most vocal adopters, he said, tended to be libertarians who saw cryptocurrency as a kind of insurance policy against hyperinflation and government corruption. But the more recent price swings in the crypto markets attracted a surge of speculators who viewed Bitcoin and other cryptocurrencies mainly as investments, and cared less about their political implications. "There's a tremendous amount of rhetoric around Bitcoin in particular that suggests that it's predominantly a means of escaping from the government-issued fiat currency system," he said.

"And yet most of the activity, according to basically every rigorous study that's been done, is predominantly people speculating...."
CNN got another reaction from Eswar Prasad, a professor at Cornell's Dyson School of Applied Economics and Management, also a senior fellow at the Brookings Institution and the author of "The Future of Money: How the Digital Revolution is Transforming Currencies and Finance."

The professor's opinion? While bitcoin "has failed in its stated purpose as a medium of exchange for conducting transactions, it has become a speculative financial asset..." The Russian government cannot count on bitcoin to evade sanctions — after all, payments for international transactions still need to be settled in real money such as dollars or euros. Furthermore, cryptocurrencies cannot in any significant way prevent a country's currency from collapsing in value relative to major reserve currencies since those values are determined in formal financial markets. Cryptocurrencies might in fact hurt Russia if they are seen by the country's citizens as a better option than the plunging domestic currency. Thus, bitcoin might end up precipitating a flight of deposits from Russia's banking system and even as a conduit for capital flight out of the country.

An anonymous reader quotes a report from Bloomberg: In early February a black box crammed with computer processors took a flight from California to Uganda. The squat, 4-foot-high box resembled a giant stereo amp. Once settled into place in Kampala, its job was to predict the weather better than anything the nation had used before (Warning: source may be paywalled; alternative source). The California startup that shipped the device, Atmo AI, plans by this summer to swap it out for a grander invention: a sleek, metallic supercomputer standing 8 feet tall and packing in 20 times more power. "It's meant to be the iPhone of global meteorology," says Alexander Levy, Atmo's co-founder and chief executive officer. That's a nod to Apple's design cred and market strategy: In many countries, consumers who'd never owned desktop computers bought smartphones in droves. Similarly, Atmo says, countries without the pricey supercomputers and data centers needed to make state-of-the-art weather forecasts -- effectively, every nation that's not a global superpower -- will pay for its cheaper device instead.

For its first customer, though, the Uganda National Meteorological Authority (UNMA), Atmo is sending its beta version, the plain black box. Prizing function over form seems wise for the urgent problem at hand. In recent years, Uganda has had landslides, floods, and a Biblical plague of locusts that devastated farms. The locusts came after sporadic drought and rain, stunning officials who didn't anticipate the swarms. "It became an eye-opener for us," says David Elweru, UNMA's acting executive director. Many nations facing such ravages lack the most modern tools to plan for the changing climate. Atmo says artificial intelligence programs are the answer. "Response begins with predictions," Levy says. "If we expect countries to react to events only after they've happened, we're dooming people to disaster and suffering." It's a novel approach. Meteorology poses considerable challenges for AI systems, and only a few weather authorities have experimented with it. Most countries haven't had the resources to try.

Ugandan officials signed a multi-year deal with Atmo but declined to share the terms. The UNMA picked the startup partly because its device was "way, way cheaper" than alternatives, according to Stephen Kaboyo, an investor advising Atmo in Uganda. Kaboyo spoke by phone in February, Kampala's dry season, as rain pelted the city. "We haven't seen this before," he said of the weather. "Who knows what is going to happen in the next three seasons?" [...] Atmo reports that its early tests have doubled the accuracy scores of baseline forecasts in Southeast Asia, where the startup is pursuing contracts. Initial tests on the ground in Uganda correctly predicted rainfall when other systems didn't, according to UNMA officials.

An anonymous reader quotes a report from Axios, written by Erica Pandey and Mike Allen: The rising power and prominence of the nation's loudest, meanest voices obscures what most of us personally experience: Most people are sane and generous -- and too busy to tweet. It turns out, you're right. We dug into the data and found that, in fact, most Americans are friendly, donate time or money, and would help you shovel your snow. They are busy, normal and mostly silent. These aren't the people with big Twitter followings or cable-news contracts -- and they don't try to pick fights at school board meetings. So the people who get the clicks and the coverage distort our true reality.

Three stats we find reassuring:

1. 75% of people in the U.S. never tweet.
2. On an average weeknight in January, just 1% of U.S. adults watched primetime Fox News (2.2 million). 0.5% tuned into MSNBC (1.15 million).
3. Nearly three times more Americans (56%) donated to charities during the pandemic than typically give money to politicians and parties (21%). The report also highlights a Gallup 2021 poll, showing that 42% of Americans identified as independents.

"Elon Musk says SpaceX's Starlink satellites are now active over Ukraine after a request from the embattled country's leadership to replace internet services destroyed by the Russian attack," reports the Independent, in a story shared by Slashdot readers schwit1 and SubMitt: Vladimir Putin's unprovoked invasion has left parts of the country without internet, while SpaceX has launched thousands of communications satellites to bring broadband to hard to reach areas of the world.

"Starlink service is now active in Ukraine. More terminals en route," the entrepreneur tweeted on Saturday.

The move came after Ukraine's vice prime minister urged Mr Musk to help them out, as the SpaceX system does not require any fiber-optic cables.
Newsweek reports that on Friday Ukraine's Vice Prime Minister also asked Apple's Tim Cook to stop providing products and services to Russians — including the Apple Store.

Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin CNN: 'Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin' The senior editor of CNN Business writes: The West's initial salvo of financial sanctions against Russia failed to deter President Vladimir Putin from launching a full-scale invasion of Ukraine. Now the United States is taking a punitive approach, announcing another round of sanctions meant to tighten the screws on Russian banks and "corrupt billionaires." But some experts say those measures, which so far do not target Putin himself, are becoming increasingly easy to evade, thanks in part to a surge of cryptocurrency adoption in Russia.

The U.S. and EU sanctions rely heavily on banks to enforce the rules. If a sanctioned business or individual wants to make a transaction denominated in traditional currencies such as dollars or euros, it's the bank's responsibility to flag and block those transactions. But digital currencies operate outside the realm of standard global banking, with transactions recorded on a public ledger known as the blockchain. "If the Russians decide — and they're already doing this, I'm sure — to avoid using any currency other than cryptocurrency, they can effectively avoid virtually all of the sanctions," said Ross S. Delston, an expert on anti-money laundering compliance.

The U.S. Treasury is well aware of this problem. In an October report, officials warned that digital currencies "potentially reduce the efficacy of American sanctions" by allowing bad actors to hold and transfer funds outside the traditional financial system. "We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions."
Meanwhile, the BBC reports Ukraine has received at least $11 million in anonymous bitcoin donations to support its war effort — with Forbes noting that includes $1.9 million from a wallet also associated with an auction of NFTs raising funds for WikiLeaks founder Julian Assange.

echo123 shares a report from the Washington Post: The U.S. Postal Service finalized plans Wednesday to purchase up to 148,000 gasoline-powered mail delivery trucks (Warning: paywalled; alternative source), defying Biden administration officials' objections that the multibillion dollar contract would undercut the nation's climate goals. The White House Council on Environmental Quality and the Environmental Protection Agency asked the Postal Service this month to reassess its plan to replace its delivery fleet with 90% gas-powered trucks and 10% electric vehicles, at a cost of as much as $11.3 billion. The contract, orchestrated by Postmaster General Louis DeJoy, offers only a 0.4-mile-per-gallon fuel economy improvement over the agency's current fleet.

Federal climate science officials said the Postal Service vastly underestimated the emissions of its proposed fleet of "Next Generation Delivery Vehicles," or NGDVs, and accused the mail agency of fudging the math of its environmental studies to justify such a large purchase of internal combustion engine trucks. But DeJoy, a holdover from the Trump administration, has called his agency's investment in green transportation "ambitious," even as environmental groups and even other postal leaders have privately questioned it. [...] Environmental advocates assailed the agency's decision, saying it would lock in decades of climate-warming emissions and worsen air pollution. The Postal Service plans call for the new trucks, built by Oshkosh Defense, to hit the streets in 2023 and remain in service for at least 20 years.

DeJoy said in a statement that the agency was open to pursuing more electric vehicles if "additional funding - from either internal or congressional sources -- becomes available." But he added that the agency had "waited long enough" for new vehicles. The White House and EPA had asked the Postal Service to conduct a supplemental environmental impact statement on the new fleet and to hold a public hearing on its procurement plan. The Postal Service rejected those requests: Mark Guilfoil, the agency's vice president of supply management, said they "would not add value" to the mail service's analysis. Now that the Postal Service has finalized it agreement with Oshkosh, environmentalists are expected to file lawsuits challenging it on the grounds that the agency's environmental review failed to comply with the National Environmental Policy Act. They will probably base their case on the litany of problems Biden administration officials previously identified with the agency's technical analysis.

Hmmmmmm shares a report from Yahoo Finance: AMD's market cap currently stands at $188 billion after shares rose nearly 2% in Tuesday's session. Intel's market cap is $182 billion. That marks the second time in a week AMD's market value has climbed above Intel -- the first time it happened was a week ago. Followers of this battle may not be surprised to see this one happen (and seeing it continue from here) for several reasons. First, AMD has been winning the battle on Wall Street for sexier investment thesis. AMD last week closed on its $35 billion acquisition for Xilinx. Secondarily, AMD has flat out posted better financials than Intel (for some time) as it has gained market share in key areas (notably in servers). AMD's sales and profits rose 68% and 117%, respectively in 2021. The company outlined 31% revenue growth for 2022 and gross profit margins of 51%. Intel's 2021 sales and earnings increased 2% and 7%, respectively. The company sees sales in 2022 rising about 2%. Profits are expected to drop 36% as Intel further builds out its chip-making capacity.

The UK is ready to launch cyber attacks on Russia if Moscow targets Britain's computer networks after a Ukraine invasion, the defence secretary has threatened. The Independent: In a Commons statement, Ben Wallace pointed to the "offensive cyber capability" the UK is already developing from a base in the north west of England. "I'm a soldier -- I was always taught the best part of defence is offence," he told an MP who urged him to "give as good as we get back to Russia" if necessary. Mr Wallace also stepped up UK threats by saying sanctions will be imposed for aggression that stops short of crossing the Ukraine border -- amid criticism they have not yet been used.

Russian companies with links to the Kremlin and Vladimir Putin's regime will be targeted if, for example, a no-fly zone is imposed in Ukraine, or ports blockaded "Many of these aggressive moves -- like a no-fly zone, a blockade to free trade -- would absolutely warrant a response ranging from sanctions and others," the defence secretary said. "Russia should be under no illusion that threatening the integrity of a sovereign nation, whether that is in the air or on the sea, is exactly the same as threatening it on the land." Sanctions have not yet been imposed in order to coordinate with the European Union, which has yet to announce what its package will be, Mr Wallace suggested.

"On Saturday, attackers stole hundreds of NFTs from OpenSea users, causing a late-night panic among the site's broad user base," reports the Verge.

"A spreadsheet compiled by the blockchain security service PeckShield counted 254 tokens stolen over the course of the attack, including tokens from Decentraland and Bored Ape Yacht Club." The bulk of the attacks took place between 5PM and 8PM ET, targeting 32 users in total. Molly White, who runs the blog Web3 is Going Great, estimated the value of the stolen tokens at more than $1.7 million.

The attack appears to have exploited a flexibility in the Wyvern Protocol, the open-source standard underlying most NFT smart contracts, including those made on OpenSea. One explanation (linked by CEO Devin Finzer on Twitter) described the attack in two parts: first, targets signed a partial contract, with a general authorization and large portions left blank. With the signature in place, attackers completed the contract with a call to their own contract, which transferred ownership of the NFTs without payment. In essence, targets of the attack had signed a blank check — and once it was signed, attackers filled in the rest of the check to take their holdings.

"I checked every transaction," said the user, who goes by Neso. "They all have valid signatures from the people who lost NFTs so anyone claiming they didn't get phished but lost NFTs is sadly wrong...."

Writing on Twitter shortly before 3AM ET, OpenSea CEO Devin Finzer said the attacks had not originated from OpenSea's website, its various listing systems, or any emails from the company. The rapid pace of the attack — hundreds of transactions in a matter of hours — suggests some common vector of attack, but so far no link has been discovered.
An update to OpenSea's smart contract was scheduled the day before (to remove old and inactive listings from the platform), and the scammer mimicked a genuine OpenSea email, according to The Street. A user who posted the text of the phishing email online explains that the scammer "then got a number of people to sign permissions with WyvernExchange. No exploit, just people not reading sign permissions as normal."

CEO Finzer told Bloomberg that some of the stolen NFTs have actually been returned, with no further malicious activity seen from the attacker's account. "He also dispelled rumors of a $200 million hack, saying the attacker has $1.7 million of Ethereum in his wallet from selling some of the stolen NFTs."

And PC Magazine shares this update about the wallet: CoinDesk reports that Etherscan, which bills itself as "the Ethereum blockchain explorer," has flagged the account that appears to be connected to these NFT thefts. (The public name of which is, fittingly enough, "Fake_Phishing5169.")

Reuters reports: Corn-based ethanol, which for years has been mixed in huge quantities into gasoline sold at U.S. pumps, is likely a much bigger contributor to global warming than straight gasoline, according to a study published Monday.

The study, published in the Proceedings of the National Academy of Sciences, contradicts previous research commissioned by the U.S. Department of Agriculture (USDA) showing ethanol and other biofuels to be relatively green.... The research, which was funded in part by the National Wildlife Federation and U.S. Department of Energy, found that ethanol is likely at least 24% more carbon-intensive than gasoline due to emissions resulting from land use changes to grow corn, along with processing and combustion....

Under the U.S. Renewable Fuel Standard (RFS), a law enacted in 2005, the nation's oil refiners are required to mix some 15 billion gallons of corn-based ethanol into the nation's gasoline annually. The policy was intended to reduce emissions, support farmers, and cut U.S. dependence on energy imports.
"Today, most gasoline sold in the U.S. contains 10 percent ethanol, and about a third of the corn crop in the country is used to produce the fuel..." reports Ars Technica: The extra land put under the plow released a significant amount of carbon, enough to flip the assessment of corn ethanol from a carbon-negative fuel to a carbon-emitting one. The biggest decline came when new cropland released carbon that had been stored in soils and vegetation, including roots of living plants. Farmers were also less likely to enter a field into the Conservation Reserve Program, which pays farmers to plant perennial vegetation on unused farmland.

After the fertilizer was applied, it released a significant amount of nitrous oxide, a potent greenhouse gas that warms the atmosphere 300 times more than the same amount of carbon dioxide over 100 years. The researchers' estimates of the carbon impact of the fertilizer are probably low, too, since the authors didn't calculate how much additional pollution the manufacturing process released or the extent to which degraded water quality in downstream waterways released more greenhouse gases.

A single activist helped turn the tide against NSO Group, one of the world's most sophisticated spyware companies now facing a cascade of legal action and scrutiny in Washington over damaging new allegations that its software was used to hack government officials and dissidents around the world. It all started with a software glitch on her iPhone. Reuters: An unusual error in NSO's spyware allowed Saudi women's rights activist Loujain al-Hathloul and privacy researchers to discover a trove of evidence suggesting the Israeli spyware maker had helped hack her iPhone, according to six people involved in the incident. A mysterious fake image file within her phone, mistakenly left behind by the spyware, tipped off security researchers. The discovery on al-Hathloul's phone last year ignited a storm of legal and government action that has put NSO on the defensive. How the hack was initially uncovered is reported here for the first time. Al-Hathloul, one of Saudi Arabia's most prominent activists, is known for helping lead a campaign to end the ban on women drivers in Saudi Arabia. She was released from jail in February 2021 on charges of harming national security.

Soon after her release from jail, the activist received an email from Google warning her that state-backed hackers had tried to penetrate her Gmail account. Fearful that her iPhone had been hacked as well, al-Hathloul contacted the Canadian privacy rights group Citizen Lab and asked them to probe her device for evidence, three people close to al-Hathloul told Reuters. After six months of digging through her iPhone records, Citizen Lab researcher Bill Marczak made what he described as an unprecedented discovery: a malfunction in the surveillance software implanted on her phone had left a copy of the malicious image file, rather than deleting itself, after stealing the messages of its target. He said the finding, computer code left by the attack, provided direct evidence NSO built the espionage tool. "It was a game changer," said Marczak. "We caught something that the company thought was uncatchable." The discovery amounted to a hacking blueprint and led Apple to notify thousands of other state-backed hacking victims around the world, according to four people with direct knowledge of the incident.

President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. Yahoo Finance: According to an administration official familiar with the matter, the forthcoming directive will commission a study of a CBDC and ask a range of agencies -- including the Departments of Treasury, State, Justice and Homeland Security -- to develop a report on the future of money and payment systems. Meanwhile, the Director of the Office of Science and Tech policy will do a technical evaluation of what might be needed to support a CBDC system.

The move comes as Bloomberg News reported on Wednesday that a rift has developed between the White House and Treasury over crypto regulation, but a Treasury official disputed the account as "inaccurate." The administration is engaged in a wide-ranging effort to regulate the sector, with the FBI forming a new crypto unit led by a seasoned computer crimes prosecutor. The Financial Stability Oversight Council (FSOC), created after the 2008 financial crisis to monitor risks to the system, will be asked to study financial stability issues that arise from digital assets. The President's Working Group on Financial Markets has already tasked the FSOC with looking into systemic risks of stablecoins.

As both the Chrome and Firefox browsers approach their 100th versions, what should be a reason for the developers to celebrate could turn into a bit of a mess. From a report: It turns out that much like the Y2K bug, the triple-digit release numbers coded in the browsers' User-Agents (UAs) could cause issues with a small number of sites, Bleeping Computer reported. Mozilla launched an experiment last year to see if version number 100 would affect sites, and it just released a blogpost with the results. It did affect a small number of sites (some very big ones, though) that couldn't parse a user-agent string containing a three-digit number. Notable ones still affected included HBO Go, Bethesda and Yahoo, according to a tracking site. The bugs include "browser not supported" messages, site rendering issues, parsing failures, 403 errors and so on.

A U.S. district judge "sentenced a Nintendo Switch hacker to 40 months in federal prison," reports the Independent: Gary Bowser, 52, is one of the leaders of the "Team Xecuter" hacker criminal enterprise, a notorious video game piracy gang, authorities said. The gang sold software to hack and download stolen games to various consoles. Besides the Nintendo Switch console, Team Xecuter also targeted the Nintendo 3DS, the Nintendo Entertainment System Classic Edition, the Sony PlayStation Classic and Microsoft's Xbox.

Bowser, a Canadian citizen, was the public face of the group and handled Team Xecuter's public relations and operated its websites. He was arrested in October 2020 in the Dominican Republic and extradited to the US to stand trial in New Jersey. He pleaded guilty in October 2021 to two criminal counts — conspiracy to circumvent technological measures and to traffic in circumvention devices, and trafficking in circumvention devices. As part of his plea deal, Bowser agreed to pay $4.5m in restitution to Nintendo.

Federal agents said that he caused a loss of about $65m (about £48m) to gaming companies.
"The hacking group was initially adamant that its hardware and software modifications that circumvented copyright protections were intended for homebrew application development, not to enable users to steal software..." notes Hot Hardware.

"Following the guilty plea, Bowser settled a civil lawsuit with Nintendo to the tune of $10 million, on top of the $4.5 million in restitution he already owed."

"The mystery of how cryptocurrency miners are paying for their energy-intensive mining operations in rural areas has been solved," writes Slashdot reader fermion. "Instead of paying up to 40% in taxes, the miners build mining operations in 'opportunity zones.' There are few requirements to show these produce jobs or any income." The HuffPost reports: [Some cryptocurrency traders] are attempting to take advantage of a controversial tax incentive in Republicans' 2017 major tax legislation -- specifically, by investing in "opportunity zones," which were sold as a plan to buoy the poorest American neighborhoods but have evolved into a way for wealthy investors to funnel billions in untaxed profits into virtually any venture they choose. The law allowed companies and investors to delay and reduce their capital gains taxes after they sell a financial asset like stock, so long as they invest the money in a new project located in one of thousands of struggling American neighborhoods designated as opportunity zones. If the investment lasts for more than 10 years, the profits from the new business are completely tax-free. Investors face few requirements to prove that their projects will create jobs or housing for a community's existing residents, and scores of them have taken advantage of opportunity zones to erect high-end hotels and luxury real estate in gentrifying neighborhoods.

Crypto investors -- whose profits are subject to the capital gains tax of nearly 40% -- are making their own run at using opportunity zones by investing in energy-intensive crypto mining operations in rural places around the country. "It's a perfect fit," said Blake Christian, a Utah accountant who specializes in opportunity zones and has a newfound clientele of crypto investors. "They've just had this big windfall and invariably they're looking for a way to save some money because they're about to get drilled on short term capital gains taxes. And they want to keep rolling the dice" by staying invested in the crypto market. Fifteen or 20 clients of Christian's clients, who have made money in the low seven-figures mining or trading cryptocurrency, have set up warehouses in opportunity zones full of powerful computers that solve equations in order to "mine" cryptocurrency and lease the computing power to other customers. The ideal location for a crypto mine is close to plentiful, cheap electrical power -- of which many rural opportunity zones have plenty. One of Christian's clients is setting one up next to a Texas oil field that has promised bargain-basement rates on natural gas. Another client's startup has a similar arrangement with a solar power provider.

Tom Frazier's company, Redivider Blockchain, is raising money to manufacture prefabricated, moveable data centers that can be plunked down anywhere in the country; he sees opportunity zone status not as a black mark but as a political opportunity. He argues that by setting up shop in opportunity zones, crypto businesses could generate crucial goodwill around an industry and technology still facing widespread derision and skepticism. "We're creating jobs where Americans need them," he told HuffPost in a recent interview. Frazier said opportunity zones have gotten a reputation as a boondoggle because the vast majority of investments have involved glitzy, one-off real estate projects. Data center businesses could support tech and manufacturing jobs at locations all over the country, he said. [...] Critics say there's nothing wrong with ambitious business -- just that they don't require giant federal tax breaks. "Why are we taking forgone taxpayer revenue and subsidizing this, of all the things we want to spend our nation's money on?" said Brett Theodos, an Urban Institute senior fellow and skeptic of opportunity zones. "Is crypto mining a bad thing? Maybe yes if you're the environment, maybe not for an individual community. But is it something we need to be subsidizing, as the federal government, in order to produce? I'm not clear why we'd want to do that."

Last month streamers in China discovered that Fight Club had arrived on streaming platform Tencent — but with an entirely new ending where local authorities "rapidly figured out the whole plan and arrested all criminals....."

But now there's been another round of changes, according to the Hollywood Reporter. "After widespread online backlash to clumsy censorship of the film's ending, Chinese streaming service Tencent Video backtracked in recent days and restored most of the cuts it had made." Crucially, Fight Club's complete ending is now viewable in full in China...

News of the cuts went viral around the world and sparked much debate and embarrassment on Chinese social media about local censorship practices.... [I]t would appear that the backlash has been deemed more troublesome than the fictional film's ending, as Tencent has now restored 11 of the 12 minutes it originally cut from the 137-minute movie. The minute still missing is mostly comprised of brief nude sex scenes between Brad Pitt's and Helena Bonham Carter's characters.
Insider reports that changing the original ending provoked comments like these on China's Twitter-like platform Weibo:

- "This has become a Chinese-only joke. Even dogs won't want to watch this."

- "This is exactly why, even if you have streaming platform subscriptions, you still have to watch pirated versions."


And it brought massive attention to China's history of changing movies, notes the Wrap since "word quickly spread across the globe, bringing embarrassment to the country," reports the Wrap: Censorship of American films and TV shows at the behest of Chinese officials has become common as Hollywood has made in-roads in the country over the past decade. Last year, an episode of "The Simpsons" in which the titular family visits China was removed from Disney+ in Hong Kong over a joke made in the film about the Tiananmen Square protests in 1989 and the Chinese government's censorship of the event.
Even the South China Morning Post reported that Chuck Palahniuk, the author of the novel that inspired the film, "appeared to mock the move on Twitter. 'Everyone gets a happy ending in China!' he wrote..." Similar changes have been made to other films in China in the past. Nicolas Cage's 2005 crime film Lord of War had its final half-hour cut and replaced with text reading, "Yuri Orlov confessed all the crimes officially charged against him in court and was sentenced to life imprisonment in the end."
And another example from the Hollywood Reporter: After 20th Century Fox's Queen biopic Bohemian Rhapsody won multiple Oscars in the 2018, it was granted a theatrical release in China — but only after all mentions of Freddie Mercury's homosexuality were cut from the film.
But in this case a global popular outcry appears to have been too embarrasing to endure. According to the Hollywood Reporter now we even have an expected ending to the story of how China tried to censor Fight Club.

"Reversals of censorship actions are extremely rare within China's entertainment industry — but cuts to Hollywood movies are not."

"The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology's Digital Currency Initiative have come up with an initial design for a central bank digital currency," reports Yahoo Finance.

Reuters cautions that the newly-released research does not suggest that the U.S. central bank will move toward launching a CBDC, a step it has said it would not take without clear support from the White House and Congress...." Instead the team "developed technology that can be adjusted as more policy questions regarding the structure and purpose of a CBDC are addressed."

The Washington Post describes it as "a system that can settle the vast majority of payments in less than two seconds, handles more than 1.7 million transactions per second and operates around-the-clock with no service outages in the case of a disruption in its network."

The Boston Globe adds that "The team noted there's a lot more work to do in the next phase, including researching various privacy features, and stressed the digital dollar remains hypothetical until the Fed decides whether to move forward with government-backed electronic cash."

Some context from the Washington Post: The ultimate product could help extend financial services to people who lack a bank account and make cross-border payments such as remittances safer and easier, said Neha Narula, director of the Digital Currency Initiative at MIT. Narula, in a conference call with reporters, noted that the Boston researchers "aren't the ones making policy decision on how such a system might operate," so they have aimed to "create a flexible system that can work with a variety of models."

Along with a paper describing the team's work to date, researchers on Thursday published open-source code for the platform that would support the digital currency. Jim Cunha, executive vice president of the Boston Fed, called that a first for the central bank, intended to encourage public input that improves the technology.