zhao

Changpeng Zhao had long cultivated the image of the rugged pugilist of the cryptocurrencies world. When his rival Sam Bankman-Fried's crypto empire collapsed a year ago, Zhao, or “CZ” as his fans call him, was in the middle of it all, yanking his money in a very public way and helping trigger the ultimately fatal run on the firms. Years earlier he claimed the company's headquarters was wherever he happened to be, a thinly veiled salvo against regulators trying to nail down jurisdiction. And this March, when US regulators…

Changpeng Zhao (also known simply as “CZ”), the founder and CEO of cryptocurrency exchange Binance, has agreed to step down from his position and will plead guilty to violating anti-money laundering requirements enforced by the U.S. Department of Justice, according to numerous media reports.Zhao is expected in a federal courtroom in Seattle on Tuesday to enter his plea, with Binance reportedly agreeing to pay $4.3 billion in fines. The news was reported earlier by the Wall Street Journal. We’ve reached out to Binance for…

CEO Changpeng Zhao is set to to federal money laundering charges and step down from his position at the company he founded. Zhao and the cryptocurrency exchange have reached a plea deal with the government, which conducted a multi-year investigation into the company, reports. As part of the settlement, Binance will forfeit $2.5 billion and pay a $1.8 billion fine. Zhao is slated to personally pay $50 million.Zhao will be prohibited from having any involvement with Binance for three years. As part of the plea deal, Zhao…

Binance chief executive Changpeng Zhao is stepping down as part of a settlement with the US Department of Justice, according to reports. The Wall Street Journal reports that Zhao will plead guilty to violating anti-money-laundering rules, and the crypto exchange will pay more than $4 billion in fines.A source with knowledge of the company’s succession plan tells WIRED that Richard Teng, currently head of regional markets at Binance, is likely to take over. Teng was the CEO of Abu Dhabi Global Market, a financial regulator…

Diablo IV just got a gothic horror-themed live-action trailer, ahead of its release on June 6. The latest ad campaign, dubbed ‘Saviors Wanted,' is shot by Oscar-winning director Chloé Zhao (Nomadland) and co-directed by Kiku Ohe, capturing the fear and conflict plaguing the lands of the Sanctuary. In this twisted place brimming with monsters, the High Heavens and Burning Hells wage destructive battles, leaving its inhabitants in turmoil. Diablo 4 officially went gold, late last month, suggesting that it is ready for…

Blizzard has released a new trailer for Diablo IV ahead of its launch on June 6, featuring epic live-action scenes directed by Oscar-winner Chloé Zhao. The trailer is titled "Saviors Wanted," and features the NPCs of the Diablo universe calling out to the protagonist (or rather, the player) for help."Working with Blizzard, we had the wonderful opportunity to bring the dark, thrilling and imaginative world of Diablo IV to life," Zhao said of her work on the trailer. "Diablo fans are very passionate, and…

Chloe Zhao is the director of the new “Diablo IV” trailer, entitled “Saviors Wanted.” It’s a one-minute advertisement featuring a plethora of actors all calling upon you, the watcher, to combat evil by playing Blizzard Entertainment’s isometric action roleplaying game when it launches on June 6, 2023. Though the ad is backed by the directorial chops of Academy Award-winning director Zhao, this work is more in line with her CGI-heavy “Eternals” activity than the filmography that won her an Oscar. Check out the…

Data Warehouse Dimensional Modeling Design 101Photo by Erin Doering on UnsplashRegarding system design for a data-intensive application, it usually comes with two options: write or read optimized.There isn’t a database design that fits and optimizes both writing and reading. Like all system design perspectives, no solution is right or wrong, while only pros and cons. As data professionals who work on data model design, a critical part of the role is to identify the use case and further identify which design principle…

Demystify Spark Performance in Union OperatorPhoto by Fahrul Azmi on UnsplashThe union operator is one of the set operators to merge two input data frames into one. Union is a convenient operation in Apache Spark for combining rows with the same order of columns. One frequently used case is applying different transformations and then unioning them together.The ways of using the union operation in Spark are often discussed widely. However, a hidden fact that has been less discussed is the performance caveat associated with…

A former chief executive of Binance's de-facto U.S. subsidiary has enlisted a former federal prosecutor and top cop at the Commodity Futures Trading Commission to represent her in the U.S. government's investigations into the giant cryptocurrency exchange, a person with direct knowledge told Reuters. Catherine Coley, who launched Binance.US in 2019 and left suddenly two years later, is being advised by James McDonald, now a partner at New York law firm Sullivan & Cromwell, the person said. It's unclear when McDonald…