Posted by BeauHD from Slashdot
From the follow-the-money department: Donald Trump's crypto company created a digital dollar called USD1, which is now being used by a big investor in Abu Dhabi to help fund a $2 billion deal with Binance, the world's largest crypto exchange. Reuters reports: Stablecoins are an increasingly lucrative cog in global crypto trading. Their issuers typically profit by earning interest from the Treasuries and other assets that underpin them. The value of USD1 in circulation reached about $2.1 billion on Wednesday, according to CoinMarketCap data, making it one of the fastest-growing stablecoins. The identity of its major holders, however, remains unclear. An anonymous cryptocurrency wallet that holds $2 billion worth of USD1 received the funds between April 16 and 29, according to data from crypto research firm Arkham. Reuters could not ascertain the owner of this wallet.
Binance founder and former CEO Changpeng Zhao, who was incarcerated in the United States last year after pleading guilty to violating U.S. laws against money laundering, met Zach Witkoff and two other World Liberty co-founders in Abu Dhabi, according to a photo posted on social media site X on Sunday. "It was great to see our friends," in Abu Dhabi, posted Zhao in response to the photo, tagging Witkoff. Zhao, who in 2023 stepped down from his role at Binance as part of a $4.3 billion settlement with the U.S. over the illicit finance charges, remains a major shareholder of Binance.
Separately, Zach Witkoff announced that USD1 would be integrated into Tron, the blockchain of Hong Kong-based crypto entrepreneur Justin Sun. Sun is the biggest known investor in World Liberty and an adviser to the venture, according to his social media posts, having poured at least $75 million into the project. Sun was fighting a U.S. securities fraud lawsuit at the time of his first investment in World Liberty. The U.S. Securities and Exchange Commission in February paused its case against him, citing public interest.
Posted by msmash from Slashdot
From the let-the-music-play department: Spotify has submitted an iOS app update that would allow US customers to use payment options beyond Apple's system, the company said Thursday. The move follows Wednesday's Epic Games v. Apple ruling, which prohibits Apple from taking a cut of non-Apple payment systems and from controlling how developers inform users about alternative payment methods.
If approved, the update would enable US users to view subscription pricing details and promotions directly in-app, purchase subscriptions via external links, seamlessly switch between Premium plans, and access payment options beyond Apple's system. Spotify suggested the update could eventually facilitate additional purchasing opportunities, including audiobooks. "While other governments around the world have taken steps against Apple's harmful practices, this is, by far, the most consequential action to date," Spotify said, calling it "absurd" that these "basic services" weren't permitted despite being ordered by a judge four years ago. Patreon has similarly announced plans to submit an iOS app update allowing creators to accept non-Apple payments.
Posted by BeauHD from Slashdot
From the DIY-FTW department: An anonymous reader quotes a report from 404 Media: A new memo from Secretary of Defense Pete Hegseth is calling on defense contractors to grant the Army the right-to-repair. The Wednesday memo is a document about "Army Transformation and Acquisition Reform" that is largely vague but highlights the very real problems with IP constraints that have made it harder for the military to repair damaged equipment.
Hegseth made this clear at the bottom of the memo in a subsection about reform and budget optimization. "The Secretary of the Army shall identify and propose contract modifications for right to repair provisions where intellectual property constraints limit the Army's ability to conduct maintenance and access the appropriate maintenance tools, software, and technical data -- while preserving the intellectual capital of American industry," it says. "Seek to include right to repair provisions in all existing contracts and also ensure these provisions are included in all new contracts." [...]
The memo would theoretically mean that the Army would refuse to sign contracts with companies that make it difficult to fix what it sells to the military. The memo doesn't carry the force of law, but subordinates do tend to follow the orders given within. The memo also ordered the Army to stop producing Humvees and some other light vehicles, and Breaking Defense confirmed that it had. "This is a victory in our work to let people fix their stuff, and a milestone on the campaign to expand the Right to Repair. It will save the American taxpayer billions of dollars, and help our service members avoid the hassle and delays that come from manufacturers' repair restrictions," Isaac Bowers, the Federal Legislative Director of U.S. PIRG, said in a statement.
Posted by BeauHD from Slashdot
From the follow-the-money department: Donald Trump's crypto company created a digital dollar called USD1, which is now being used by a big investor in Abu Dhabi to help fund a $2 billion deal with Binance, the world's largest crypto exchange. Reuters reports: Stablecoins are an increasingly lucrative cog in global crypto trading. Their issuers typically profit by earning interest from the Treasuries and other assets that underpin them. The value of USD1 in circulation reached about $2.1 billion on Wednesday, according to CoinMarketCap data, making it one of the fastest-growing stablecoins. The identity of its major holders, however, remains unclear. An anonymous cryptocurrency wallet that holds $2 billion worth of USD1 received the funds between April 16 and 29, according to data from crypto research firm Arkham. Reuters could not ascertain the owner of this wallet.
Binance founder and former CEO Changpeng Zhao, who was incarcerated in the United States last year after pleading guilty to violating U.S. laws against money laundering, met Zach Witkoff and two other World Liberty co-founders in Abu Dhabi, according to a photo posted on social media site X on Sunday. "It was great to see our friends," in Abu Dhabi, posted Zhao in response to the photo, tagging Witkoff. Zhao, who in 2023 stepped down from his role at Binance as part of a $4.3 billion settlement with the U.S. over the illicit finance charges, remains a major shareholder of Binance.
Separately, Zach Witkoff announced that USD1 would be integrated into Tron, the blockchain of Hong Kong-based crypto entrepreneur Justin Sun. Sun is the biggest known investor in World Liberty and an adviser to the venture, according to his social media posts, having poured at least $75 million into the project. Sun was fighting a U.S. securities fraud lawsuit at the time of his first investment in World Liberty. The U.S. Securities and Exchange Commission in February paused its case against him, citing public interest.
Posted by BeauHD from Slashdot
From the big-win-for-creators department: Following a major court ruling limiting Apple's control over App Store payments, Patreon plans to update its iOS app to allow payments outside Apple's system, letting creators keep more of their earnings. Spotify and Proton are also preparing similar updates. The Verge reports: "This is a huge moment for creators and their businesses," [spokesperson Adiya Taylor] says. "The iOS app is the number one platform for fan engagement on Patreon, and we believe this ruling allows creators to get paid without giving Apple 30 percent. As a first step, we will submit an app update for review by Apple to enable payments outside of IAP so creators keep more from iOS based fan payments."
Last year, Patreon said it was forced to switch to Apple's in-app purchase system, which applied a 30 percent fee to all new memberships purchased in the app, or else risk "being removed from the App Store." "When we first announced rolling out Apple's IAP requirements last year, we shared that we used three principles to guide our decision in how we wanted to move forward: transparency, control, and stability," Taylor says. "Keeping with those principles, we're exploring further action we can take, and we'll continue to keep creators and fans posted on any changes to our experience." Taylor wasn't able to share a timeline for when the update might be rolled out. Further reading: Epic Games Is Launching Webshops To Circumvent App Store Fees
Posted by from MMO Champion
Mists of Pandaria Classic Development Notes - May 1, 2025
Originally Posted by Blizzard
(
Blue Tracker /
Official Forums)
We appreciate your testing and bug reports from Week 1 (especially all of your efforts breaking into Pandaria!).
For our second week of Beta, it’s time to officially enter the legendary land of Pandaria. Our test focus will be on the Pandaria leveling experience, with level 90 now unlocked.
Zones: Jade Forest, Valley of the Four Winds, Krasarang Wilds, Kun’Lai Summit, The Veiled Stair, Townlong Steppes, and Dread Wastes
Dungeons: All Normal and Heroic Mists of Pandaria dungeons are available
Player Farms
Black Market Auction House
Level 85 MoP character templates are available, and you can also copy your live characters from Cataclysm Classic.
Please note: The following major features will not be available this week, but will be arriving soon:
Vale of Eternal Blossoms
Pet Battles
Battle Grounds
Challenge Mode Dungeons
Posted by BeauHD from Slashdot
From the proof-of-human department: Sam Altman's eye-scanning identity project, now called World, officially launched in the U.S. with six in-person registration sites. CNBC reports: Here's how it works: You go up to an Orb, a spherical biometric device, and it spends about 30 seconds scanning your face and iris, then creates and stores a unique "IrisCode" for you verifying that you're a human and that you've never signed up before. Then you get some of the project's cryptocurrency, WLD, for free, and you can use your World ID as a sign-in with integrated platforms, which currently include an open API integration with Minecraft, Reddit, Telegram, Shopify and Discord.
Starting Thursday, the company is opening six flagship U.S. retail locations where people can sign up to have their eyeball scanned: Austin, Atlanta, Los Angeles, Nashville, Miami and San Francisco. At an event in San Francisco on Wednesday, the venture announced two high-profile partnerships: Visa will introduce the "World Visa card" this summer, available only to people who have had their irises scanned by World, and the online dating giant Match Group will begin a pilot program testing out World ID and some age verification tools with Tinder in Japan.