Author: Press Room

In 2014, a former Bloomberg programmer called Changpeng “CZ” Zhao become chief technology officer at OKCoin, a start-up Chinese token exchange. Being OKCoin’s community cheerleader was a big part of the role. Bitcoin’s price had crashed following the collapse of the Mt Gox exchange, Beijing’s hostility to crypto was strengthening and miners globally had been switching off. OKCoin helped revive interest in crypto as a gambling chip by adding derivatives and staking, while CZ used his social media profile to bolster trust among the fervent believers. He could often be found on Reddit, such as in this now-deleted but archived…

U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, October 17, 2022.Leah Millis | ReutersThe Supreme Court on Monday agreed to hear arguments in a second case challenging the legality of the Biden administration’s ambitious student loan relief program.The case, originally filed in Texas, will be argued in February before the Supreme Court along with the first case the court accepted.The Biden administration had asked the Supreme Court to hear both cases if it did not agree to reverse injunctions issued by two separate federal appeals courts…

A Virginia school bus assistant was fired and faces four felony charges after he was accused of spraying a 7-year-old with cleaning solution last week after the child reportedly spit on him. Police arrested David Keith Blackwell, 70, a bus assistant for the York County School Division, in eastern Virginia, on Dec. 6 on three felony counts of malicious bodily injury by means of any caustic substance and one felony count of abuse and neglect of children, the York-Poquoson Sheriff’s Office said on Facebook.The sheriff’s office said Blackwell was booked into the Virginia Peninsula Regional Jail. Online records showed he…

News Corp has named Emma Tucker as the editor-in-chief of the Wall Street Journal, the first woman to lead the Rupert Murdoch-owned newspaper.Tucker is set to replace Matt Murray, a 30-year veteran of the Journal who led the newsroom through the coronavirus pandemic and oversaw a doubling of online subscriptions during his four-year tenure. Robert Thomson, chief executive of the WSJ’s parent company News Corp, said Tucker would “bring verve and virtue”. Tucker started her career as a trainee at the Financial Times and worked her way up to become editor of the FT’s Weekend section. She was most recently…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.December 12, 2022 – Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s community in conjunction with Panther Ventures Limited, a Web3 development company destined to develop the blockchain technology and zero-knowledge components of Panther.Panther Ventures Limited collaborators developed the protocol’s software and released it under a BUSL License, which grants users the right to copy, modify, create derivative works, redistribute, and make non-production use of the…

What connects the cannabis plant and cereal wheat? The answer is that, while ancient farmers used both, they would be perplexed by their modern variants. Chinese farmers first started to grow hemp to use for ropes, clothing, paper and other materials. But analyses of this ancient marijuana find that it has relatively paltry levels of tetrahydrocannabinol (THC), the main psychoactive component it is now known for.The exact date that ancient agricultural workers discovered and enhanced the mind-altering properties of the cannabis plant is unknown to us, but academic consensus is that it may have occurred in central Asia at least…

In a case of art imitating life, cops forced entry to the Laz Emporium gallery only to find the reported health emergency was in fact a dummy made of packing tape and foam filler worth £18,000 Police broke down the door of a London Art gallery owned by Banksy’s former agent to try and save a “woman in distress” – who turned out to be a realistic artwork. In a case of art imitating life, cops forced entry to the Laz Emporium gallery only to find the reported health emergency was in fact a dummy called Kristina. London Metropolitan Police…

If you’re eager to file your 2022 tax return in January or early February, the IRS has a warning: You’ll need to wait for “key documents” before filing in 2023.In a release last week, the IRS urged “early filers” to watch for Form 1099-K, which reports income for third-party payment networks such as Venmo or PayPal.”A little extra caution” could save time and effort, the agency said, because if you don’t report 1099-K income, you may owe money and need to file an amended return.More from Personal Finance:Tax ‘refunds may be smaller in 2023,’ warns IRSIRS warns taxpayers about new…

Check out the companies making headlines in midday trading.Horizon Therapeutics – Shares of the drugmaker jumped 15% after the company announced it has agreed to be acquired by Amgen in a deal valued at approximately $26.4 billion, or $116.50 per share, in cash. The deal will give Amgen a chance to build its portfolio of rare-disease treatments. Amgen shares fell more than 1%.Weber – Shares of the grill manufacturer jumped 23% after the company announced a deal to be taken private by BDT Capital Partners. BDT will purchase Weber for $8.05 per share, according to the announcement.Coupa Software – The maker of…

A pair of dogs gifted by North Korean leader Kim Jong Un four years ago ended up at a zoo in South Korea after a dispute over who should finance the caring of the animals.Kim had given the two white Pungsan hunting dogs — a breed indigenous to North Korea — to then-South Korean President Moon Jae-in as a gift following their summit talks in Pyongyang in 2018. But liberal Moon gave up the dogs last month, citing a lack of financial support for the canines from the current conservative government led by President Yoon Suk Yeol.The dogs, named Gomi…