Blog

Governor Hochul signs novel law that limits cryptomining, for now

New York is taking a first-in-the-nation step to tap the brakes on the spread of cryptocurrency mining, under legislation that Gov. Kathy Hochul signed Tuesday.

The measure comes amid growing scrutiny of the cryptocurrency industry following this month’s collapse of the FTX exchange. But New York’s measure, which passed the state Legislature in June, is specifically concerned with the environmental aspects of crypto.

“I will ensure that New York continues to be the center of financial innovation, while also taking important steps to prioritize the protection of our environment,” Hochul, a Democrat, said in a message explaining her approval.

The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive “proof-of-work” cryptocurrency mining — a term for the computational process that records and secures transactions in bitcoin and similar forms of digital money. Proof-of-work is the blockchain-based algorithm used by bitcoin and some other cryptocurrencies.

The law also requires the Department of Environmental Conservation to asses how cryptomining affects the state’s ability to meet its climate goals.

Environmentalists said New York was undermining those goals by letting cryptomining operations run their own natural gas-burning power plants.

Keep reading

Biden Admin. Sending Ukraine Another $400M

Today, the Department of Defense (DoD) announces the authorization of a Presidential Drawdown of security assistance valued at up to $400 million to meet Ukraine’s critical security and defense needs. This authorization is the Biden Administration’s twenty-sixth drawdown of equipment from DoD inventories for Ukraine since August 2021.

Capabilities in this package include:

•    Additional munitions for National Advanced Surface-to-Air Missile Systems (NASAMS);

•    150 heavy machine guns with thermal imagery sights to counter Unmanned Aerial Systems (UAS);

•    Additional ammunition for High Mobility Artillery Rocket Systems (HIMARS);

•    200 precision-guided 155mm artillery rounds;

•    10,000 120mm mortar rounds;

•    High-speed Anti-radiation missiles (HARMs);

•    150 High Mobility Multipurpose Wheeled Vehicles (HMMWVs);

•    Over 100 light tactical vehicles;

•    Over 20,000,000 rounds of small arms ammunition;

•    Over 200 generators;

•    Spare parts for 105mm Howitzers and other equipment.

With Russia’s unrelenting and brutal missile and UAS attacks on Ukrainian critical energy infrastructure, additional air defense capabilities remain an urgent priority. The additional munitions for NASAMS and heavy machine guns will help Ukraine counter these urgent threats.

In total, the United States has committed more than $19.7 billion in security assistance to Ukraine since the beginning of the Biden Administration. Since 2014, the United States has committed more than $21.8 billion in security assistance to Ukraine and more than $19 billion since the beginning of Russia’s unprovoked and brutal invasion on February 24.

Keep reading

Howls Of Outrage After New York Times Confirms SBF To Speak Alongside Zelenskyy, Yellen

As we discussed last night, Sam Bankman-Fried has now demonstrated that he is both a pathological liar and a sociopath, the kind who in “explaining” to his employees how he stole billions (over $4 billion according to new FTX CEO John J. Ray) from the now bankrupt FTX, an act which left it insolvent and without liquidity, called it “loans” which were “generally” not used for “large amounts of personal consumption” (just “small amounts” used for such trivial items as $40 million penthouses and private jets).

And the only reason we don’t officially call him a criminal just yet, is because he has not yet confirmed he used client money from his exchange to fund his personal hedge fund, an act which would cost any other individual decades in jail… but not prominent democrats like SBF or Jon Corzine, of course. Plus it’s the US legal system’s job to do that, not ours. Although we are growing increasingly skeptical this prominent Democratic donor will ever see the inside of a courtroom.

It’s not just us: with much of the entire world demanding to know how this corpulent 30-year-old still has not been thrown in prison, or at least charged with a variety of crimes, the NYT just confirmed to the entire world what a farce the one-time paper of record has become, and how it is willing to whore itself out for clicks – not to mention prominent Democrat donors – because moments after SBF tweeted that he will be speaking with Andrew Ross-Sorkin moderated NYT “summit” on Nov 30…

Keep reading

REVEALED: FTX crypto bro SHOWERED media orgs Vox, ProPublica, Intercept, Semafor and more with investment money

In addition to being a major donor to the Democrat Party during the 2021-22 election season, disgraced FTX founder Sam Bankman-Fried was a major donor to several liberal media outlets, including ProPublica, Vox, The Intercept, The Law and Justice Journalism Project, and the recently launched Semafor, leading to speculation about their ability to objectively report on FTX.

“They all took it,” Human Events Daily’s Jack Posobiec noted on Twitter, “and none of them broke the story.”

As Semafor launched in October, Reuters reported that “The platform said it has so far raised $25 million from investors including David Bradley, owner of The Atlantic magazine; Jessica Lessin, founder of technology website Information; and cryptocurrency exchange FTX founder Sam Bankman-Fried.”

That was only a few short weeks before FTX collapsed. Customers made a run on the exchange to withdraw their deposits, only to find that the company did not actually have it. FTX is now in Chapter 11 bankruptcy proceedings in the state of Delaware, and Semafor is out a whole bunch of money.After Semafor published an article about disgraced FTX founder Sam Bankman-Fried’s relationship with Elon Musk, indicating that despite Musk’s claim that his “bullshit meter was redlining,” Musk pointed out that their reporting was perhaps not entirely on the up-and-up where FTX was concerned.

“Semafor is owned by SBF,” Musk wrote to Semafor on Twitter. “This is a massive conflict of interest in your reporting. Journalistic integrity is [trash].”

Keep reading

DEA’s most corrupt agent: Parties, sex amid ‘unwinnable war’

José Irizarry accepts that he’s known as the most corrupt agent in U.S. Drug Enforcement Administration history, admitting he “became another man” in conspiring with Colombian cartels to build a lavish lifestyle of expensive sports cars, Tiffany jewels and paramours around the world.

But as he used his final hours of freedom to tell his story to The Associated Press, Irizarry says he won’t go down for this alone, accusing some long-trusted DEA colleagues of joining him in skimming millions of dollars from drug money laundering stings to fund a decade’s worth of luxury overseas travel, fine dining, top seats at sporting events and frat house-style debauchery.

The way Irizarry tells it, dozens of other federal agents, prosecutors, informants and in some cases cartel smugglers themselves were all in on the three-continent joyride known as “Team America” that chose cities for money laundering pick-ups mostly for party purposes or to coincide with Real Madrid soccer or Rafael Nadal tennis matches. That included stops along the way in VIP rooms of Caribbean strip joints, Amsterdam’s red-light district and aboard a Colombian yacht that launched with plenty of booze and more than a dozen prostitutes.

“We had free access to do whatever we wanted,” the 48-year-old Irizarry told the AP in a series of interviews before beginning a 12-year federal prison sentence. “We would generate money pick-ups in places we wanted to go. And once we got there it was about drinking and girls.”

Keep reading

Cop Pulls Gun at High School, ‘Accidentally’ Shoots an Innocent Kid and is NOT Arrested or Even Fired

Imagine for a moment that you were carrying a pistol in a public space, and all of the sudden, you accidentally squeeze off a round. Now, imagine if this place was a school.

There are two possible scenarios that would take place; the first one is that police return fire and you are killed. The second, less lethal result would be your inevitable arrest and charges of public endangerment, unlawful discharge, illegal use of a firearm, assault with a deadly weapon, terrorism, or a myriad of other infractions associated with sending a deadly projectile hurling through a space occupied by innocent children. You would immediately be facing fines, jail time, probation, and firearms restrictions.

However, if you are a government agent who’s trusted with carrying a deadly weapon into places others cannot, you needn’t worry about any of those repercussions. The scenario below just so happens to prove it.

Vermillion County Deputy Tim DisPennett, identified as a 19-year veteran of the department, was giving instruction to vocational students at South Vermillion High School when he pulled his gun and “accidentally” shot a student.

The class was geared at teaching students how to be police officers, and participants in the drill were acting out a scenario with a “bad guy,” according to WTHI.

Hopefully, none of the students being taught by Deputy DisPennett were paying attention to his instruction — as his methods are clearly flawed.  

“This morning at South Vermillion High School, there was an isolated incident in one of our vocational classrooms. The incident was an accidental discharge of a firearm by a law enforcement officer during a drill. One student was injured without life-threatening injuries and has been taken to the hospital. Only SVHS is currently on lockdown, due to the abundance of emergency personnel in the building,” read a statement sent out to parents after the shooting.

Luckily the student who was shot was not severely injured and will be okay. As for the deputy, he has not been arrested, nor fired, and has only been placed on paid leave. Detectives with the department are now investigating the shooting.

Aside from the above-the-law treatment of this officer, the excuse for the weapon accidentally discharging is nothing short of asinine.

Guns do not fire themselves.

Keep reading

Lab-grown adrenal glands could help treat hormone-related conditions

Tiny human adrenal glands similar to those found in 4-month-old fetuses have been grown from stem cells in the lab for the first time. The achievement may help to develop treatments for conditions in which these glands don’t function properly.

Adrenal glands are located in the kidneys and make molecules that are involved in our metabolism, our response to stress and the production of sex hormones.

Previous attempts to grow small versions of the glands from induced pluripotent stem (IPS) cells – adult cells that have been coaxed to revert to a form where they have the potential to develop into almost any cell type – have failed to create something similar to the glands found in the body.

Keep reading

AP Editor Said She “Can’t Imagine” A US Intelligence Official Being Wrong

The Associated Press journalist who reported a US intelligence official’s false claim that Russia had launched missiles at Poland last week has been fired.

As we discussed previously, AP’s anonymously sourced report which said “A senior U.S. intelligence official says Russian missiles crossed into NATO member Poland, killing two people” went viral because of the massive implications of direct hot warfare erupting between Russia and the NATO alliance. AP subsequently retracted its story as the mainstream political/media class came to accept that it was in fact a Ukrainian missile that had struck Poland.

AP’s firing of reporter James LaPorta looks at this time to be the end point of any accountability for the circulation of this extremely dangerous falsehood. AP spokesperson Lauren Easton says no disciplinary action will be taken against the editors who waved the bogus story through, and to this day the public has been kept in the dark about the identity of the US official who fed such extremely egregious misinformation/disinformation to the public through the mainstream press.

Keep reading

China and the US Are Racing to Go Nuclear in Space

China has disclosed new details of its space exploration plan in the next decade, including the use of nuclear energy to power its moon base, intensifying its space race with the U.S. 

“We are now developing a new system that uses nuclear energy to address the moon station’s long-term, high-power energy demands,” said Wu Weiren, chief designer of the country’s Lunar Exploration Program, in an interview with state broadcaster CCTV on Monday. 

The outpost is developed in conjunction with Russia and is expected to be built by 2028 on the lunar south pole, which has patches of sunny spots as well as permanently shadowed craters. The U.S. has identified potential landing sites in the same area for its Artemis 3 mission, which is scheduled to launch in late 2025 to put Americans back on the moon using a SpaceX lander.

Keep reading