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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 ...






Calibrating " Cheap Signals " in Peer Review without a Prior

Neural Information Processing Systems

Detecting and correcting bias is challenging, as ratings are subjective and unverifiable. Unlike previous works relying on prior knowledge or historical data, we propose a one-shot noise calibration process without any prior information.



End-to-End Weak Supervision Carnegie Mellon University 2

Neural Information Processing Systems

Aggregating multiple sources of weak supervision (WS) can ease the data-labeling bottleneck prevalent in many machine learning applications, by replacing the tedious manual collection of ground truth labels. Current state of the art approaches that do not use any labeled training data, however, require two separate modeling steps: Learning a probabilistic latent variable model based on the WS sources - making assumptions that rarely hold in practice - followed by downstream model training. Importantly, the first step of modeling does not consider the performance of the downstream model. To address these caveats we propose an end-to-end approach for directly learning the downstream model by maximizing its agreement with probabilistic labels generated by reparameterizing prior probabilistic posteriors with a neural network. Our results show improved performance over prior work in terms of end model performance on downstream test sets, as well as in terms of improved robustness to dependencies among weak supervision sources.


US says it shot down Iranian drone flying towards aircraft carrier

BBC News

An Iranian drone was shot down as it aggressively approached an American aircraft carrier in the Arabian Sea on Tuesday, a US military spokesman has said. An F-35C stealth fighter jet which took off from the USS Abraham Lincoln warship shot down the drone in self-defence to protect the aircraft carrier and its personnel, US Central Command spokesman Capt Tim Hawkins said. The ship was approximately 500 miles from the Iranian coast when the drone approached it with unclear intent. No US service members were harmed and no equipment was damaged. It comes as the US continues to build up a military presence in the region, with tensions high between Washington and Tehran.


Thousands of Epstein documents taken down after victims identified

BBC News

The US Department of Justice (DOJ) has removed thousands of documents related to Jeffrey Epstein from its website after victims said their identities had been compromised. Lawyers for Epstein's victims said flawed redactions in the files released on Friday had turned upside down the lives of nearly 100 survivors. Email addresses and nude photos in which the names and faces of potential victims could be identified were included in the release. Survivors issued a statement calling the disclosure outrageous and said they should not be named, scrutinized and retraumatized. The DOJ said it had taken down all the flagged files and that mistakes were due to technical or human error.