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Welcome to the dark side of crypto's permissionless dream

MIT Technology Review

Jean-Paul Thorbjornsen is a leader of THORChain, a blockchain that is not supposed to have any leaders--and is reeling from a series of expensive controversies. We can do whatever we want," Jean-Paul Thorbjornsen tells me from the pilot's seat of his Aston Martin helicopter. As we fly over suburbs outside Melbourne, Australia, it's becoming clear that doing whatever he wants is Thorbjornsen's MO. Upper-middle-class homes give way to vineyards, and Thorbjornsen points out our landing spot outside a winery. "They're going to ask for a shot now," he says, used to the attention drawn by his luxury helicopter, emblazoned with the tail letters "BTC" for bitcoin (the price tag of $5 million in Australian dollars--$3.5 million in US dollars today--was perhaps reasonable for someone who claims a previous crypto project made more than AU$400 million, although he also says those funds were tied up in the company). Thorbjornsen is a founder of THORChain, a blockchain through which users can swap ...


Indian university faces backlash for presenting Chinese robot as its own

Al Jazeera

An Indian university is facing backlash after one of its professors was caught falsely presenting a Chinese-made robot dog at a major artificial intelligence summit, it has reportedly since been asked to leave, as the institution's own. "You need to meet Orion. This has been developed by the Centre of Excellence at Galgotias University," Neha Singh, a professor of communications, told Indian state-run broadcaster DD News this week. The episode has drawn sharp criticism and has cast an uncomfortable spotlight on India's AI ambitions. The embarrassment was amplified by Electronics and Information Technology Minister Ashwini Vaishnaw, who shared the video clip on his official social media account before the backlash.