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Crypto Billionaire Pardoned In Prison By Trump Just Wrote a Memoir

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Forbes estimates he’s worth roughly $110 billion, “placing him ahead of Bill Gates.”

And now Changpeng Zhao, the 49-year-old billionaire founder of Binance, “has written a memoir…”


It arrives with the unmistakable timing of a man determined to tell the world his version of his meteoric crypto rise and fall, and foreshadow his comeback. The book, Freedom of Money: A Memoir of Protecting Users, Resilience, and the Founding of Binance, runs 364 pages, self-published in English and Chinese…. Zhao also recounts Binance’s long battle with U.S. regulators, the company’s record $4.3 billion settlement for fostering unscrupulous money launderers, his four-month prison sentence in California, where he says he began writing the book, and his recent pardon by President Trump…

In Zhao’s telling, the case brought by multiple U.S. agencies was less about what Binance had done than about what it had become… “It didn’t make sense to me, or any of my lawyers. Other than the fact that we were the biggest in the industry.” The U.S. government alleged something more specific: that Binance failed to implement programs to prevent or report suspicious transactions — including those tied to Hamas’s Al-Qassam Brigades, Al Qaeda, and ISIS — while also processing trades between U.S. users and those in sanctioned jurisdictions like Iran, North Korea, and Syria. In total, regulators alleged the exchange willfully failed to report more than 100,000 suspicious transactions, including those involving terrorist organizations, ransomware attackers, child sexual exploitation material, frauds and scams… The final settlement amount — $4.3 billion, split across the Department of Justice, the Department of the Treasury’s Financial Crimes Enforcement Network, the Office of Foreign Assets Control and the U.S. Commodity Futures Trading Commission — was the largest corporate penalty in the history of nearly each agency involved. Attorney General Merrick B. Garland said at the time of the announcement: “Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed.”

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The prison passages are among the most vivid in the book. Zhao says he was worried about extortion because the media had reported he was the richest person in U.S. prison history, but then realized no one read the WSJ or Bloomberg or recognized him. Zhao also writes about the food, the routines and the specific indignity of confinement, including sharing a cell with a man serving 30 years for killing two people… Writes Zhao of his cellmate, “Soon, I discovered that the most lethal thing about him wasn’t his murder conviction, it was his snoring. He snored more loudly than thunder strikes, the sound of which rose even above the constant toilet flushings.”
Binance at one point held a roughly 20% stake in Sam Bankman-Fried’s FTX and about $580 million in FTT tokens, the article points out. “As FTX neared collapse in late 2022, Zhao writes, Sam Bankman-Fried called to ask for a couple of billion dollars ‘nonchalantly, as if he was asking for a bologna sandwich.’

“Some believe that Binance’s brief show of interest in acquiring FTX, followed by its abrupt withdrawal from the deal, hastened FTX’s spiral into bankruptcy…”

Thanks to long-time Slashdot reader destinyland for sharing the article.

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DNA-Level Encryption Developed by Researchers to Protect the Secrets of Bioengineered Cells

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The biotech industry’s engineered cells could become an $8 trillion market by 2035, notes Phys.org. But how do you keep them from being stolen? Their article notes “an uptick in the theft and smuggling of high-value biological materials, including specially engineered cells.”

In Science Advances, a team of U.S. researchers present a new approach to genetically securing precious biological material. They created a genetic combination lock in which the locking or encryption process scrambled the DNA of a cell so that its important instructions were non-functional and couldn’t be easily read or used. The unlocking, or decryption, process involves adding a series of chemicals in a precise order over time — like entering a password — to activate recombinases, which then unscramble the DNA to their original, functional form…

They created a biological keypad with nine distinct chemicals, each acting as a one-digit input. By using the same chemicals in pairs to form two-digit inputs, where two chemicals must be present simultaneously to activate a sensor, they expanded the keypad to 45 possible chemical inputs without introducing any new chemicals. They also added safety penalties — if someone tampers with the system, toxins are released — making it extremely unlikely for an unauthorized person to access the cells.

“The researchers conducted an ethical hacking exercise on the test lock and found that random guessing yielded a 0.2% success rate, remarkably close to the theoretical target of 0.1%.”

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Nvidia's mythical N1 SoC surfaces on a real motherboard, and it's packing 128GB of LPDDR5X

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The long-rumored Nvidia N1 chip has been circulating in leaks and rumors for what feels like an eternity. But with a fresh leak, we may finally be getting our first proper look at it – and this time, it includes actual, high-quality images. From these, the product appears closer to…
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Blu-ray lives on as Verbatim and I-O Data pledge support with new drives and discs

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In an official announcement translated by Automaton West, the two firms recently confirmed plans to strengthen their partnership to maintain the supply of Blu-ray discs and players in Japan. Verbatim and I-O Data acknowledged that, despite the rise of digital distribution, individuals and businesses still use optical discs for recording,…
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Amphion Argon7LX at AXPONA 2026 Proves Finland Still Builds Speakers That Shame the Rest of Us (Quietly, of Course)

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Finland usually exports two things with authority: hockey players like Teemu Selänne and beverages that feel like a dare. High-end loudspeakers? Not so much — at least that was the assumption before Amphion Loudspeakers decided to quietly ruin that narrative.

First unveiled at High End Munich 2025, the new Argon X-Series which includes the Argon3X, Argon3LX, and Argon7LX, finally made its way to AXPONA 2026, giving us our first real chance to hear what all the quiet confidence was about.

No, Amphion doesn’t offer the same overwhelming breadth of models as the Danes who practically carpet-bombed this show with options, but that’s not really the point. What Amphion brings is focus: cleaner execution, refined engineering, and a sound that leans toward honesty over theatrics. With expanded U.S. distribution through Playback Distribution, these Finnish imports are no longer a niche curiosity.

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Finnish Precision Meets Studio Credibility

For more than 25 years, Amphion Loudspeakers has taken a more restrained approach to speaker design. Instead of boosting bass or adding extra sparkle up top to grab attention in a quick demo, their speakers are built to play it straight. What you hear is closer to what was actually recorded, which means better recordings sound great and bad ones have nowhere to hide.

That same approach has carried into the pro audio world over the past decade, where engineers working with Billie Eilish, Beck, and Kendrick Lamar rely on Amphion studio monitors for mixing. Film composers such as Ali Shaheed Muhammad and Jussi Tegelman have adopted them as well, where consistency and accuracy matter more than sounding impressive for five minutes.

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Amphion Argon7LX: What It Is and What Actually Changed

The Argon7LX is a floorstanding loudspeaker from Amphion Loudspeakers that sticks to a fairly straightforward concept on paper but executes it with a level of precision that’s anything but casual. It’s a two-way design using a passive radiator system, built around a newly developed 1 inch titanium tweeter and dual 6.5-inch aluminum woofers. That configuration is meant to deliver full range sound without relying on a traditional port, which helps keep the bass tighter and more controlled, especially in real rooms where things can get messy fast.

The biggest update here is the tweeter, and it’s not a cosmetic change. Amphion revised it to improve low level detail and clean up the top end without pushing things into fatigue. There’s more information, but it’s presented in a controlled way. The crossover has also been reworked and sits at 1600 Hz, which is relatively low, helping create a smoother transition between the tweeter and woofers. The result is better integration, so the sound doesn’t feel segmented across frequencies.

That carries into the soundstage. Imaging is stable, placement is precise, and nothing shifts around when the material gets more complex. The bass remains controlled, but the more noticeable change is how it connects with the midrange and treble. The overall presentation is more cohesive and consistent.

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For the demo, Amphion Loudspeakers used two compact TEAC AP-507 power amplifiers, also distributed in the U.S. by Playback Distribution. Each amplifier delivers 170 watts per channel into 4 ohms and can be configured for stereo, bi-amp, or bridged operation, with higher output available in BTL mode. The pairing had no issue driving the Argon7LX to normal listening levels with control and stability, which is notable given the size of the amplifiers.

On the practical side, the Argon7LX is a 4 ohm speaker with a sensitivity rating of 91 dB, which means it’s not especially hard to drive but will benefit from an amplifier with solid current delivery. Amphion recommends anywhere from 50 to 300 watts, which gives you some flexibility depending on your setup.

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Frequency response is rated from 28 Hz to 55 kHz at minus 6 dB, so it reaches low enough for most music without needing a subwoofer, while also extending well beyond the limits of human hearing on the top end.

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Physically, it’s a substantial speaker without being ridiculous. Just over 45 inches tall, under 10 inches wide, and weighing about 60 pounds each, it’s designed to fit into real living spaces without dominating them.

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So how did it sound? Calm, controlled… and slightly judging you

I walked into the room expecting at least a small crowd and… nothing. A few seats open, plenty of space, almost suspiciously calm. This system had no business being that overlooked. My host didn’t rush anything, just handed me the reins. When I asked for electronic music, he cracked a slight smile and queued up a few tracks he clearly had ready. Finns get it. They’ll dismantle your penalty kill and still have time to argue about synth textures.

Right off the bat, the neutrality hits. No extra flavor, no “look what I can do” tuning. Just fast, clean, open sound that moves with real intent. Propulsive fits. The music had momentum, not just presence. It filled the room without feeling pushed, and there was an ease to it that made you stop thinking about the system and just let it run. Detail was there, but it didn’t feel dissected. More like everything was just… available.

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The bass? Not trying to win any Texas BBQ competitions. This isn’t brisket dripping onto your plate. More like a perfectly trimmed filet—tight, controlled, and cooked exactly how it should be. You might want a little more heft if that’s your thing, but it never felt thin or out of place. There was even a hint of that club-like scale, just without the kind of low end that rearranges your organs and your plans for the next morning. Don’t forget to bring some protection.

For more information: amphion.fi

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xAI sues Colorado over AI law, calling it a threat to free speech

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The company frames the dispute not as a question of safety or bias mitigation, but as a First Amendment issue over who controls the information that large-scale AI systems generate.
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Slate Auto: Everything you need to know about the Bezos-backed EV startup

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In April 2025, a new company called Slate Auto came out of stealth and shocked the car industry. Not only was this startup focused on making an ultra-cheap, customizable electric pickup truck with funding from Jeff Bezos, but it had also been operating in secret for three years in Troy, Michigan — the backyard of major automakers like Ford and General Motors.

TechCrunch was first to the story, reporting in early April about the company’s existence, its involvement with the Amazon founder, and its curious and unique business model. The weeks between our report and Slate’s official coming out party in late April provided a whirlwind of news, with prototypes of the startup’s truck popping up around California.

Slate is an aberration in the U.S. EV sector, where bankruptcies, failed product launches, and pivots have become commonplace. And while its current backers, executive lineup, first product, and business model provide a compelling path forward, the road is still riddled with potential hurdles as it pushes toward production in late 2026. 

Here’s a timeline that charts out everything you need to know about Slate Auto, from its origin story and backers to its product, business model, and production plans.

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Inside the EV startup secretly backed by Jeff Bezos

April 8 – After a year-long investigation, TechCrunch published a story revealing that a secretive EV startup called Slate Auto had been operating for three years with the financial backing of Jeff Bezos and LA Dodgers owner Mark Walter. 

Unlike other EV startups, Slate had been working on developing an extremely low-cost electric pickup truck that would start at around $25,000. This truck would be deeply customizable, leveraging the experience of many former employees from Harley-Davidson and Chrysler, two companies that have extensive accessories and aftermarket parts businesses.

Slate Auto’s pickup truck spotted in the wild

April 10 – One day later, a photo of a nondescript electric truck started circulating on the r/whatisthiscar subreddit, with Redditors speculating it could be Slate’s mystery EV

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TechCrunch was able to confirm the photo was, in fact, of a prototype of Slate’s truck parked outside the company’s Long Beach, California design center.

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An EV that can change like a ‘Transformer’

April 21 – Slate began putting concept versions of the Slate EV on public streets to generate marketing buzz ahead of its planned launch event on April 24. Curiously, some of them appeared to be styled more like SUVs or hatchbacks, not just pickup trucks. 

TechCrunch was able to confirm the company had developed the EV to have “Transformer-like” modular capabilities, and that this stunt was a way to tease this customization.

The analog EV pickup truck that is decidedly anti-Tesla

April 24 – Slate made its debut at a launch event in Long Beach, California, where it revealed its customizable electric pickup truck. Slate also announced the truck would be available for under $20,000 — with the $7,500 federal EV tax credit. 

The base version of the truck was revealed to be very bare-bones, with just 150 miles of range, no power windows, no main infotainment screen, and not even any paint. Slate promised essentially everything about the truck would be customizable, even down to the number of seats and the overall silhouette. 

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A former Indiana printing plant eyed for EV truck production

April 25 – TechCrunch reported that Slate had identified a former printing plant in Warsaw, Indiana as the location for its truck factory. The 1.4 million-square-foot facility was built in 1958 and had been dormant for around two years. 

Slate Auto crosses 100,000 refundable reservations in two weeks

May 12 – Slate confirmed to TechCrunch it had already surpassed 100,000 refundable $50 reservations for its affordable EV truck. It was evidence that the company’s ideas had caught on with a wide audience, despite no one knowing about Slate just two months prior. 

Slate Auto drops ‘under $20,000’ pricing after Trump administration ends federal EV tax credit

July 3 – The Trump administration pushed through a massive tax-cut bill that, among many other actions, set a September end-date for the $7,500 federal EV tax credit. That means Slate’s truck will no longer be able to lean on that credit to reach the “under $20,000” starting price the startup was touting. As such, Slate pulled that language from its website before the bill was even signed into law.

Why this LA-based VC firm was an early investor in Slate Auto

July 8 – Slate’s 2023 funding round included at least 16 investors — one of them being Bezos. While most of those investors have still not been identified, Los Angeles-based Slauson & Co. spoke to TechCrunch about why it threw in with the EV startup in that initial funding round, as well as Slate’s Series B.

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Slate Auto appears on the TechCrunch Disrupt main stage

October 30 – Slate Auto CEO Chris Barman sat down for an interview on the main stage at TechCrunch Disrupt 2025, where she talked about Jeff Bezos’ involvement, the challenge of building an automaker from scratch, and how the company plans to make a marketplace for customization.  

Slate passes 150,000 reservations

December 16 – Despite EV growth cooling off in the U.S., Slate Auto crosses 150,000 refundable reservations for its truck and SUV, showing there is still serious interest in the vehicle despite the loss of the federal tax credit. And with fewer EVs set to come to the U.S., it appears that the startup will have very little competition at the low end of the market. 

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A surprise CEO swap

 March 9 – Slate pulls a surprise and swaps in a new CEO: former Amazon Marketplace VP Peter Faricy. Former CEO (and Slate’s first hire) Chris Barman is staying with the company though, shifting over to a “President of Vehicles” role. Slate tapped Faricy to get the startup ready for its end-of-year commercial launch – starting with converting the reservation list into as many full orders as possible. 

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I spent 6 hours with Genshin Impact on the Galaxy S26 Ultra, and I can’t believe how far mobile gaming has come

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Mobile gaming is the future. At least, that’s what we’ve heard for the last decade. But it’s fair to say that plenty of us are still pretty skeptical about that notion.

It seemed that, for a while, the available technology was not making the leaps forward needed to deliver a satisfying gameplay experience in this alternative format. Console gaming excelled while mobile gaming fell behind.

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Dune 3 is coming sooner than its director originally planned

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Dune: Part Three is set for a December 18, 2026 release, confirming that Denis Villeneuve’s return to Arrakis is happening sooner than expected — and bringing his adaptation of Frank Herbert’s saga to a close. The third film is positioned as the conclusion to Villeneuve’s trilogy, following Dune: Part One (2021) and Dune: Part Two (2024), the latter of which crossed $700 million globally and significantly expanded the franchise’s audience.

The trailer for Dune: Part Three was released in March and it offers the clearest look yet at how the final chapter is being shaped. It shifts the focus away from Paul Atreides’ rise and toward the consequences of his rule. Paul is shown as an emperor dealing with political instability, resistance, and the long-term fallout of the empire built in his name. The scale remains, but the emphasis is more controlled — less about conquest, more about power and its consequences.

The trailer points to a clear shift in direction. Instead of continuing Paul Atreides’ rise, the film focuses on the consequences of his rule. Paul is shown as an emperor dealing with political instability, resistance, and the long-term fallout of the empire built in his name. The tone is more restrained and inward-looking, with a stronger emphasis on power, control, and the cost of both.

Villeneuve had planned to take a break after Part Two

Following the release of Dune: Part Two director Denis Villeneuve had stated several months ago that he planned to take a bit of a break between Dune: Part Two and its intended sequel, Dune: Messiah. However, coming off the immense success of Dune: Part Two earlier this year, which received rave reviews from both critics and casual moviegoers alike and earned over $700 million at the box office, it sounds like Villeneuve has thrown his original vacation plans out the window.

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Speaking with Deadline, the French Canadian filmmaker revealed that he is going to go “back behind the camera faster” than he thought he would and that his “break” from Frank Herbert’s Dune world is already over. “I’m in the writing zone right now,” he said, referencing the script for Dune: Messiah. Villeneuve did not confirm the specific timeline he now has in mind for the sequel, but he did note that he is likely going to make Messiah much faster than he originally planned.

Paul Atreides walks through the desert in Dune: Part Two.
Warner Bros. Pictures / Warner Bros. Pictures

He spoke about the need for distance after completing two large-scale productions back-to-back and avoided committing to any timeline for a follow-up.

The response to Part Two changed that timeline

That plan shifted after Dune: Part Two’s critical and commercial success. The film’s performance reinforced the scale of audience interest in the franchise, and Villeneuve returned to writing sooner than initially expected.

Production on Dune: Part Three moved forward quickly, and the film is now in post-production. With Warner Bros. setting a December 2026 release, the gap between the second and third films is shorter than originally indicated.

The final chapter focuses on consequences, not conquest

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Dune 3 trailer / Warner Bros

Returning cast members include Timothée Chalamet, Zendaya, and Florence Pugh, with Anya Taylor-Joy expected to expand her role following her appearance in Part Two.

Villeneuve has described the film as distinct from its predecessors despite returning to the same world and characters — a continuation that closes the story rather than extending it further.

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The software that landed Apollo 11 on the moon is now free online

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The repository, posted by NASA’s Chris Garry and designated as public domain, contains two distinct programs: Comanche055, used onboard Apollo’s Command Module, and Luminary099, used in the Lunar Module.
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Latin America’s Central Banks Establish Digital Payments Used By Hundreds of Millions

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175 million people in Brazil now use its instant-payment system “Pix”, developed by the country’s central bank for real-time payments using QR codes or keys, and American Banker notes that the central banks of Argentina and Costa Rica also have developed their own widely used digital systems for instant payments.

Latin America has been able to build up sleek and effective payment systems in record time because it is not held back by legacy payment technology that isn’t built for instant money movement. In the likes of the U.K., U.S. and Europe, payment systems are built on infrastructure that is often decades old. The process of building new systems is therefore incredibly operationally complex. Money must continue moving, so these systems can’t just be “switched off.”

Emerging markets, such as those in Latin America, did not have to contend with legacy technology on the same scale. Many of these communities were cash dominant until recently, due to the high fees associated with card usage and the lack of banking infrastructure in rural regions. However, while many people didn’t have a local bank on their corner, they did have mobile phones… Through these digital channels, money moves instantly, via account-to-account transfers, QR codes and mobile wallets… Beyond this, real-time and traceable digital payments generate valuable cash-flow data that can transform credit underwriting for small and medium-size businesses, or SMEs. Historically, many SMEs in emerging and cash-reliant markets have struggled to access credit due to a lack of documented transaction histories, audited accounts or formal credit records…

Mexico is now poised to be the next success story. In Mexico, a third of people are unbanked, but 96% of the population owns a mobile phone. This creates the perfect launchpad for a digital-first payment system that can reach those historically excluded from traditional banking systems.
In fact, something already changed in 2025. Bloomberg reports that for the first time, digital payment transfers in the U.S.-to-Mexico remittance corridor exceeded cash transfers (with physical pickup locations like Western Union), according to Mexico’s central bank. It’s part of a Latin American market “worth more than $160 billion a year, roughly $62 billion of which goes to Mexico.”

And Mexico’s digitalization efforts will continue, according to the country’s president, who said at a March banking conference that digital payments will now be encouraged for gasoline and tolls.

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