The Cryptocurrency Scam That Turned a Small Town Against Itself
How did a successful, financially sophisticated banker gamble his community’s money away?
Read more at The New York Times
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SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered ...CBS News - 3d -
The small caps disappoint
Plus how to ‘monetise’ the US balance sheetFinancial Times - 4d -
Cryptocurrency theft of £1.1bn could be biggest ever
Dubai-based Bybit said it could afford to reimburse customers and that it was working to find the hackers.BBC News - 3d -
Can Europe afford to defend itself without the US?
Also in this newsletter: The EU’s peace offering in Trump’s trade warFinancial Times - 4d -
How do we end the war without ending Ukraine itself?
The damage being done to both sides is absurd in a rational world.The Hill - 18h -
Roberta Flack’s performances softly burned with the fire of life itself
The soul singer was ambitiously diverse in her musicianship, and enthralled at every turn – whether doing desolate folk cover versions or lighter, sophisticated pop. In the liner notes to 2023’s ...The Guardian - 17h -
Las Vegas woman accused of defrauding older men in deadly romance scam
Aurora Phelps was indicted in Nevada over a series of romance scams that allegedly led to at least two deaths and one disappearance in Mexico.CBS News - 1d -
FBI searching for more alleged victims in deadly romance scam
The FBI is looking for more alleged victims of a Las Vegas woman they say was involved in a deadly romance scam. The suspect is accused of defrauding older men and causing the death of at least one ...CBS News - 22h -
Woman drugged, defrauded elderly men in romance scam, officials allege
Aurora Phelps is being accused of drugging several elderly men and stealing their financial information, according to court records. The woman is being linked to at least two deaths and one ...CBS News - 17h -
Woman pays $6,000 for fake Picasso in pop-up auction scam
Signs luring customers to pop-up auctions with the possibility of getting fancy cars and fine jewelry at bargain prices have been showing up across the U.S., but the goods aren't always what they ...CBS News - 11h -
How pop-up auctions scam people with phony goods
One auction attendee spent $6,000 on what was supposed to be an "authenticated" Picasso. It was actually a reproduction worth about $70.CBS News - 11h -
‘OpenAI’ Job Scam Targeted International Workers Through Telegram
An alleged job scam, led by “Aiden” from “OpenAI,” recruited workers in Bangladesh for months before disappearing overnight, according to FTC complaints obtained by WIRED.Wired - 1h -
Kerr's new-look small-ball lineup faces stiff challenges
Steve Kerr's new small-ball lineup presents Golden State with serious challenges as the Warriors make a playoff push down the stretch.Yahoo Sports - 4d -
Can Tech Save Small Ski Resorts From Extinction?
The small Colorado company Entabeni Systems is quietly working to upend the ski industry with a business model built on handshake deals made in ski resort parking lots.Wired - 2d -
America has turned on its friends
Donald Trump’s abandonment of allies is real and will endureFinancial Times - 3d -
Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday.CNBC - 3d -
Fluffy Scottish Highland bull on the loose in Connecticut town, evading capture for days
No bull. A Scottish Highland bull has been wandering Kent, Connecticut, since Tuesday after escaping from its home.NBC News - 3d -
Angry voters confront Republican congressman over DOGE cuts at town hall
Republican Rep. Rich McCormick of Georgia faced boos and jeers at a town hall Thursday night. His constituents, including Democrats, were angry over the Department of Government Efficiency slashing ...CBS News - 3d -
Five detained at protest in Swiss town where AfD leader Weidel lives
Yahoo News - 2d -
Republicans Face Angry Voters at Town Halls, Hinting at Broader Backlash
After a monthlong honeymoon for the G.O.P. at the start of President Trump’s term, lawmakers are confronting a groundswell of fear and disaffection in districts around the country.The New York Times - 1d -
'Sheer terror' as van loaded with fireworks set alight in Scottish town
Homes were evacuated when the van parked in a driveway exploded in the middle of the night in Clydebank.BBC News - 21h -
'Dissent was not being tolerated': Woman dragged from Idaho town hall meeting
An Idaho woman was issued a citation after she was forcibly removed from an Idaho Republican legislative town hall after interrupting the speaker. KTVB's Abby Wilt reports.NBC News - 20h -
Tens of thousands could be held in illegal scam compounds in Myanmar, Thai police general says
Head of anti-trafficking agency says dozens of Chinese criminal gangs were running the centres. Tens of thousands of people could be living inside illegal scam compounds in Myanmar that have ...The Guardian - 4d -
Beatings, torture and electric shocks: freed scam compound workers allege horrific abuse
Lured by the promise of well-paying jobs in Southeast Asia, thousands instead allegedly end up enslaved in jail-like compounds and forced to carry out online scams. “The Chinese would shock me with ...The Guardian - 9h -
Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - 3d -
Is the downfall of a Japanese star a turning point for women's rights?
The downfall of Masahiro Nakai is a marked departure from how Japan treats claims of sexual violence.BBC News - 1d -
Stars turn on the style at SAG Awards red carpet
Millie Bobby Brown, Mikey Madison and Timothée Chalamet were among the stars posing for pictures.BBC News - 1d -
The Papers: 'Zelensky offers to quit' and 'Germany turns Right'
Volodymyr Zelensky's offer to step down as president of Ukraine features heavily in Monday's papers.BBC News - 1d -
Venus Williams turns down Indian Wells wildcard
Former world number one Venus Williams turns down a wildcard offer for next month's Indian Wells tournament.BBC News - 1d -
Angry Democratic donors turn off the flow of money
Democrats are anxious to rebuild their party on the heels of President Trump’s victory in November. But they have a major problem as they try to refashion their brand: The money isn’t there. ...The Hill - 1d -
This 1 Small Change to Every Email Is the ‘Most Effective Thing You Can Do’ Says Communications Expert
‘Language mimicry’ can lead people to trust you, says Ping author Andrew Brodsky.Inc. - 5d -
How test-time scaling unlocks hidden reasoning abilities in small language models (and allows them to outperform LLMs)
A 1B small language model can beat a 405B large language model in reasoning tasks if provided with the right test-time scaling strategy.VentureBeat - 4d -
How a small-time drug bust ignited a feud between police and a Catholic hospital
Convinced a suspect was hiding evidence, police in Ohio ordered doctors at Mercy Health-Lorain Hospital to search his body cavity. The doctors refused.NBC News - 2d -
Semona leads Stonehill against Wagner
Stonehill Skyhawks (14-13, 6-6 NEC) at Wagner Seahawks (12-13, 4-8 NEC) Staten Island, New York; Thursday, 7 p.m. EST BOTTOM LINE: Stonehill visits Wagner after Louie Semona scored 30 points in ...ABC News - 6d -
Georgia Republican faces town hall backlash over DOGE's 'chainsaw approach' to federal cuts
Rep. Rich McCormick, who represents a safe GOP district, came under harsh criticism that focused on the Trump administration’s moves to slash federal jobs and budgets.NBC News - 4d -
At town halls, Republicans feel the heat from Trump and Musk's firing and cutting spree
Republicans members of Congress who held town halls back home this week got an earful from constituents upset about Donald Trump and Elon Musk's firing spree.NBC News - 3d -
Toxic Town: Jodie Whittaker is absolutely flawless as she battles real-life injustice
The hasty regeneration of Corby’s old steelworks poisoned a generation. Now the story of how it came to court is told in a harrowing, if slightly melodramatic, new Netflix series. Jack Thorne ...The Guardian - 3d -
How Dyson Daniels’ home town became an unlikely hotbed of Australian basketball talent | Jack Snape
Bendigo has long had fertile sporting soil but has now produced one of the NBA’s best defensive players as well as successful WNBL and NBL 1 teams. Dyson Daniels opened his sparkling silver jacket ...The Guardian - 2d -
Idaho woman forcibly dragged from local Republican town hall by private security
Idaho woman Teresa Borrenpohl was forcibly removed by three unidentified men at a Kootenai County Republican town hall.NBC News - 18h
More from The New York Times
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Why American Businesses Aren’t Raring to Get Back Into Russia
The White House promised “incredible opportunities” if Moscow ended the war in Ukraine. But Russia’s economy is struggling and the business environment is unpredictable.The New York Times - 22h -
Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - 10h -
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.The New York Times - 15h -
Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay more than $500 million in fines and penalties.The New York Times - 12h -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - 25m
More in Business
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PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 23m -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - 25m -
Unilever CEO Schumacher to step down after less than two years in the job
Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday.CNBC - 26m -
'It's the beginning': Kremlin plays it cool ahead of more U.S. talks, says Biden 'messed things up badly'
The Kremlin is keen to play it cool as efforts continue to restore bilateral relations that it said were badly damaged during the previous Biden administration.CNBC - 27m -
There are dot-com echoes beyond tech. This Costco shareholder explains why returns will be paltry at best.
A fund manager says there are parallels between now and the 1998-to-2000 period, and not just in the megacap tech stocksMarketWatch - 29m