Raider gains voting rights over digital currency and uses them to transfer contents of treasury
The Beanstalk cryptocurrency has been stripped of reserves valued at more than $180m (£138m) in seconds, after an attacker used borrowed money to snap up enough voting rights to transfer the money away.
The lightning hostile takeover raises fresh questions about the unregulated nature of digital currencies and the lack of protections for investors.
Continue reading...Move follows a series of hardline measures by Republicans in the state to alter teaching in schools as governor welcomes news
Florida’s education department has rejected 54 mathematics textbooks from next year’s school curriculum, citing alleged references to critical race theory among a range of reasoning for some of the rejections, officials announced.
The department said in a news release Friday that some of the books had been rejected for failure to comply with the state’s content standards, Benchmarks for Excellent Student Thinking [Best], but that 21% of the books were disallowed “because they incorporate prohibited topics or unsolicited strategies, including CRT”.
Continue reading...Two teenage boys killed in Pittsburgh in one of at least three shootings over the weekend, including two in South Carolina
Two teenage boys were killed and eight other people were wounded after gunfire erupted at a party in a short-term rental home in Pittsburgh early Sunday, one of at least three mass shootings across the US on Easter weekend.
The other two shootings – both in South Carolina – left a total of 18 people with bullet wounds, once again reigniting calls among advocates for meaningful gun control legislation.
Continue reading...Baby clothing and maternity wear retailer grew from kitchen table startup
The baby clothing and maternity wear retailer JoJo Maman Bébé – whose high-profile customers include the Duchess of Cambridge – has been snapped up by the high street company Next and a group of investment firms.
Laura Tenison, who started the business in 1993 from her flatshare kitchen table and turned it into one of the UK’s leading mother and baby retailers, said the new owners had “exciting plans to expand and grow the brand much faster than we ever could, giving us the opportunity to open in new markets”.
Continue reading...Frank James, who allegedly shot 10 people on a subway train, openly talked about struggling with mental illness
Days after a man who openly talked about struggling with mental illness allegedly shot up a subway train in Brooklyn, the mayor of New York City, Eric Adams, called for his state to continue prioritizing an increase in the number of available psychiatric hospital beds.
Adams on Sunday said he understood the medical community’s shifting its focus to fighting the deadly coronavirus during the last two years, but at this point in the pandemic, it needed to pivot to addressing shortages in psychiatric services.
Continue reading...Katie Taylor and Amanda Serrano face off in April at legendary New York venue where Ali fought Frazier
At the end of April, boxing history will be made. For the first time, two female fighters, Katie Taylor and Amanda Serrano, will face off at New York’s legendary venue Madison Square Garden, in a fight that is predicted to supercharge the sport’s rapid rise in popularity.
For two women to go 10 rounds at the same venue where Muhammad Ali fought Joe Frazier – twice – and Rocky Marciano knocked out an ageing Joe Louis shows the remarkable, rapid progress that has taken place in the past two decades.
Continue reading...Ukrainian president also reiterates in interview that he is not willing to cede territory in country’s east to end war with Russia
Ukrainian president Volodymyr Zelenskiy has urged US president Joe Biden to visit Ukraine and reiterated that he is not willing to cede territory in the country’s east to end war with Russia, during an extended interview with CNN broadcast on Sunday.
“I think he will,” Zelenskiy said in English when asked if he was aware of any plans for a US presidential visit. “But it’s his decision, of course, and [it] depends on the safety situation, of course. But I think he’s the leader of the United States and that’s why he should come here to see.”
Continue reading...It disrupted the market and has more than 200m subscribers. But with slower growth, some say Netflix must change its game
Twelve years ago Jeff Bewkes, then chief executive of Time Warner, compared Netflix to the Albanian army. “It’s a little bit like, is the Albanian army going to take over the world? I don’t think so,” Bewkes told the New York Times, disparaging the streaming service’s ability to take on the established media players.
Well, the Albanian army won. Time Warner followed Netflix into streaming, NBCUniversal and Disney came after and so it carried on. In Britain, BBC and ITV invested in their streaming portals. Media was now living in Netflix’s world.
Continue reading...Inflation hit 8.5% in March as a mix of post-pandemic demand, price gouging and the Ukraine war dragged down Biden’s ratings
In the days leading up to the release of the US labor department’s latest inflation report, the White House tried to deflate expectations. White House officials said they expected the March inflation rate to be “extraordinarily elevated” because of rising gas prices, driven largely by war in Ukraine.
Unfortunately for Joe Biden and his fellow Democrats, they were proven right. The inflation report, released on Tuesday, showed US prices increased by 8.5% between March 2021 and March 2022 – the highest level of US inflation since 1981.
Continue reading...In new book, Republican and former undercover CIA officer rejects political extremes
It was a plot twist worthy of Homeland.
Will Hurd got home one night and told his fiancee that he was in fact an undercover officer in the CIA. And there was more. They would have to move to Pakistan.
Continue reading...Griselda Verduzco Armenta was trying to get over the barrier with the help of coyotes to find a more secure future for her daughters
As she’d done before, Griselda Verduzco Armenta tried to cross Mexico’s border with the US earlier this week with dreams of being able to better provide for her two young daughters.
But the 32-year-old’s journey ended in tragedy when authorities say she fell from atop the US border wall in Arizona, accidentally became entangled in a climbing harness that she had used to scale the barrier, and was choked to death while upside down.
Continue reading...Interior department raises royalty rates by 50% as administration juggles high oil prices and climate impact
As federal officials weigh efforts to fight the climate crisis against pressure to bring down high gasoline prices, the interior department is moving forward with the first onshore sales of public oil and natural gas drilling leases under Joe Biden.
The move also calls for a sharp increase in royalty rates for companies, ostensibly to limit global emissions driving the climate crisis, though economists say the effect will be relatively small.
Continue reading...Jacob Christian Muse, arrested Friday night, faces charges of malice murder for killing three people at a local gun range
Police in Georgia have arrested a man accused of killing a local coroner’s parents and son during a robbery at the family’s gun range earlier this month, according to officials.
Jacob Christian Muse, 21, faces three counts of malice murder in the 7 April shooting deaths of Luke Hawk, 19; Tommy Hawk, 75; and Evelyn Hawk, 75, which rattled their rural community about 50 miles south-west of Atlanta.
Continue reading...Frank James, 62, arrested in Manhattan a day after attack on subway in Brooklyn in which more than 20 were wounded
Five people who provided “critical information” that helped lead to the arrest of the man charged with this week’s mass shooting in a New York subway will share a $50,000 reward, police announced.
The suspect, wearing a gas mask, had filled a crowded subway car traveling through Brooklyn with thick black smoke from a canister and opened fire last Tuesday on morning rush-hour passengers, injuring more than 20, including 10 with gunshot wounds.
Continue reading...The US presidential debate has been thrown into doubt – and the move is proof of the RNC’s eagerness to do Trump’s bidding
One of the marquee moments of any US presidential election – the televised debate – has been thrown into doubt by the Republican party’s decision on Thursday to withdraw from the Commission on Presidential Debates.
The Republican National Committee (RNC) grumbled that the group that has run the debates since 1988 is biased and refuses to enact reforms. It promised to “find newer, better debate platforms” in future.
Continue reading...The vice-president and her husband reported a gross income of $1.7m while the Bidens made $611,000
Kamala Harris and her husband earned more than twice as much as Joe Biden and his wife did last year, according to copies of their income tax returns released on Friday.
Harris and the so-called second gentleman, Doug Emhoff, reported a federal adjusted gross income of about $1.7m in 2021, which was about the same they claimed to have earned the prior year.
Continue reading...Former EPA administrator is seeking seat being vacated by Republican senator Jim Inhofe in Oklahoma
Scott Pruitt, who had a scandal-ridden spell in charge of the Environmental Protection Agency under Donald Trump, filed on Friday to run for an open US Senate seat in Oklahoma.
Pruitt, 53, a former state senator and Oklahoma attorney general, is seeking the seat being vacated by the longtime Republican senator Jim Inhofe.
Continue reading...Ukrainian president Volodymyr Zelenskiy has made a direct request to Joe Biden that the US designates Russia as a state sponsor of terrorism, the Washington Post reports.
This would be a rare and radical sanction, but Zelenskiy has been firm in putting pressure on the west to assist in Ukraine’s resistance to Russia’s invasion, and this is no exception as his country endures atrocities from its northern neighbor.
Continue reading...The social media company adopted a shareholder rights plan to protect itself from the billionaire’s bid
Twitter has announced a limited-duration shareholder rights plan that may thwart billionaire entrepreneur Elon Musk’s attempts to take over the company.
Musk, the chief executive of Tesla and the world’s richest person, had offered to buy the social media platform for $43.4bn, arguing he wanted to release its “extraordinary potential” to support free speech and democracy across the world.
Continue reading...Subpoenaed former White House adviser gives virtual deposition on whether Trump encouraged supporters to march on Capitol
Former White House aide Stephen Miller testified on Thursday to the House select committee investigating January 6 about whether Donald Trump encouraged his supporters to march on the Capitol, according to a source familiar with the matter.
The virtual deposition, which lasted for roughly eight hours and was earlier reported by the New York Times, also touched on Miller’s role in the former president’s schemes to overturn the results of the 2020 election and return him to office, the source said.
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