Hurricane Erin whips up the Atlantic. Intense efforts to arrange a Putin-Zelenskyy summit. And, first there was Alligator Alcatraz, now here's Cornhusker Clink. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
Reporter David Morris breaks down the Tornado Cash trial, Roman Storm's conviction on money transmission charges, and what this means for crypto privacy and open source developers going forward.
David Z Morris joins us to talk about his extensive coverage of the Tornado Cash trial. We dive deep into Roman Storm's conviction, the legal precedent for privacy tools, and the chilling effects on open source development in crypto.
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NOTES:
• Jury hung on 2 charges, guilty on 1 MTB charge
• North Korea Lazarus laundered $600M
• No direct OFAC-sanctioned wallets used the service
• Appeal process could take years to resolve
Timestamps:
00:00 Start
00:41 Why the Tornado Cash Story?
05:06 What is Tornado Cash?
11:15 What does Tornado Cash Do?
14:01 Autonomous Smart Contracts
19:34 Run as a Business
23:57 Profits
24:58 Criminal Charges
31:43 Future of Open Source Development
37:15 Advice for Privacy Devs
42:43 Public Perception
46:09 Journalism & Privacy
49:10 What Happens Now?
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With China as its new rival, America is reviving old wartime facilities across the Pacific. Our correspondent visits an abandoned airfield that has been given new life. The outlook for climate technology is surprisingly bright. And why the universe of Hello Kitty keeps expanding.
A.M. Edition for Aug 20. Billionaire Elon Musk is quietly pausing his highly publicized ambitions to launch a political party. WSJ’s Brian Schwartz says Musk plans to focus on Tesla and SpaceX, while telling allies he is reluctant to create a rift with powerful Republicans. Plus, the Trump administration says immigrants applying for U.S. visas and green-cards will now have their social media scrutinized for so-called “anti-American ideologies.” And, in our Price of Parenting series, WSJ’s Sandra Kilhof and Dalvin Brown are joined by Passion Capital founder Eileen Burbidge to discuss the costs associated with infertility. Azhar Sukri hosts.
Six governors are sending National Guard troops to Washington, D.C. to back President Trump's crime crackdown there. European leaders weigh the options for a ceasefire and security guarantees for Ukraine. And the Texas Legislature appears on the verge of redrawing congressional districts that will help Republicans in the midterm elections, as requested by Trump.
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Today’s episode of Up First was edited by Martha Ann Overland, Tara Neil, Ryland Barton, Acacia Squires, Olivia Hampton and Mohamad ElBardicy. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.
The U.S. won’t protect Ukraine with troops on the ground, but President Trump says air defense could be on the table. Oklahoma plans a test specifically for incoming educators from blue states. And a study suggests adults who use hearing aids early are less likely to experience dementia.
We’ll tell you what kind of support President Trump is now considering for Ukraine.
And why the Trump administration decided to take away the security clearance of more officials.
Also: new COVID vaccine guidelines that put America’s top pediatricians at odds with the nation’s Secretary of Health.
Plus, a big milestone for a viral toy, a mega-merger involving hundreds of local TV stations, and what’s behind the latest workplace trend called “job hugging.”
Those stories and even more news to know in about 10 minutes!
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Israel is demanding the release of all 50 hostages held in Gaza, an Israeli official has said, casting doubt on whether it will accept a new proposal for a 60-day ceasefire that Hamas agreed to on Monday. Also: President Trump has ruled out sending American troops to Ukraine as part of any peacekeeping deal; Mumbai is under a red flood alert as the Indian city experiences heavy downpours; 10 years after 71 people were found in an abandoned lorry in Austria, we hear from the families of the victims; child marriages are more likely to happen in regions with higher than average climate risk according to new figures; India tells China of its concerns about a new mega dam; mixed doubles tennis has a new format at the US Open; thousands of people in France sign a petition not to loan the Bayeux Tapestry to the UK.
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