Tech
‘War on Crypto Is Over’: Donald Trump Pardons Binance Founder CZ
US president Donald Trump has pardoned Changpeng Zhao, founder of the world’s largest crypto exchange, Binance.
Zhao, widely known as CZ, pled guilty in November 2023 to violating anti-money-laundering laws and US sanctions. The plea formed part of a sweeping deal with the US Department of Justice, under which Binance was required to pay a record-breaking $4.3 billion penalty.
Zhao ultimately spent four months in federal prison. The DOJ had originally petitioned for a three-year prison sentence.
After issuing the pardon, the White House has cast Zhao as the victim of a plot to trample the crypto industry carried out by the administration of former president Joe Biden. Regulators brought a volley of lawsuits against high-profile businesses during this era, and the DOJ prosecuted crypto industry figureheads for fraud.
“In their desire to punish the cryptocurrency industry, the Biden administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims,” says White House press secretary Karoline Leavitt. “The Biden administration’s war on crypto is over.”
Zhao, who founded Binance in 2017, is something of a legend in cryptoland for his bullish pronouncements and flair for social media. Until his guilty plea, he routinely used his platform on X to dismiss allegations of wrongdoing at Binance.
Zhao is the latest in a line of crypto figureheads pardoned by Trump. The president has received endorsements and millions of dollars in donations from members of the industry.
Immediately after returning to office, Trump commuted the prison sentence of Ross Ulbricht, creator of darknet marketplace Silk Road. In late March, Trump pardoned the cofounders of crypto exchange BitMEX, who in 2022 pleaded guilty to charges relating to their failure to maintain an adequate anti-money-laundering program.
Though Zhao has already served his allotted prison sentence, the pardon will strike the anti-money-laundering and sanctions violations from his criminal record.
“For him, I think this is really about clearing his name,” claims Patrick Hillmann, who previously worked under Zhao as chief strategy officer at Binance. “I think this is closure for him.”
The pardon could also clear the way for Binance to return to the US market, which it was forced to exit as a condition of the DOJ settlement. Binance has spent months pursuing a pardon for Zhao, who was released from prison in September 2024, The Wall Street Journal previously reported.
Tech
Amazon’s Spring Sale Is So-So, but Cadence Capsules Are a Bright Spot
The WIRED Reviews Team has been covering Amazon’s Big Spring Sale since it began at on Wednesday, and the overall deals have been … not great, honestly. So far, we’ve found decent markdowns on vacuums, smart bird feeders, and even an air fryer we love, but I just saw that Cadence Capsules, those colorful magnetic containers you may have seen on your social media pages, are 20 percent off. (For reference, the last time I saw them on sale, they were a measly 9 percent off.)
If you’re not familiar, they allow you to decant your full-sized personal care products you use at home—from shampoo and sunscreen to serums and pills—into a labeled, modular system of hexagonal containers that are leak-proof, dishwasher safe, and stick together magnetically in your bag or on a countertop. No more jumbled, travel-sized toiletries and leaky, mismatched bottles and tubes.
Cadence Capsules have garnered some grumbling online for being overly heavy or leaking, but I’ve been using them regularly for about a year—I discuss decanting your daily-use products in my guide to How to Pack Your Beauty Routine for Travel—and haven’t experienced any leaks. They do add weight if you’re trying to travel super-light, and because they’re magnetic, they will also stick to other metal items in your toiletry bag, like bobby pins or other hair accessories. This can be annoying, especially if you’re already feeling chaotic or in a hurry.
Otherwise, Capsules are modular, convenient, and make you feel supremely organized—magnetic, interchangeable inserts for the lids come with permanent labels like “shampoo,” “conditioner,” “cleanser,” and “moisturizer.” Maybe you love this; maybe you don’t. But at least if you buy on Amazon, you can choose which label genre you get (Haircare, Bodycare, Skincare, Daily Routine). If this just isn’t your jam, the Cadence website offers a set of seven that allows you to customize the color and lid label of each Capsule, but that set is not currently on sale.
Tech
Fellow Readers, Don’t Miss These E-Reader Sales
This is the older Kindle Scribe, but the price and features are the best you’ll get, especially when it’s on sale like this. I still reach for this model even though I have the newer third generation, and keep in mind the second generation will also get some of the newer software and experiences over time. With the sale, it’s half the price of the newer model.
If you’re already a Kindle reader and looking to upgrade, it’s likely because you want a new feature like a color screen. While the Kobo above is the better buy, if you want to stay in the Kindle ecosystem but add some color to your books, both the Colorsoft and Colorsoft Signature are on sale.
If you’re looking to spend as little as possible, the basic Kindle (11th generation) is still a great e-reader and is currently under $100. It can do almost everything the other Kindles can (except the Scribe) on a snappy black-and-white screen. It doesn’t have a warm front light either, but it’s still a great purchase for the price.
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Tech
This Speaker I Tried From Soundboks Can Handle a Real Party
In addition to the rubber balls, there’s a nice physical interface on the side for adjusting volume and pairing multiple Mix speakers together if you have multiple on hand (I was only sent the single mono speaker). Setup involves installing the Soundboks app, pairing to the speaker via Bluetooth on your phone, and picking whatever you want to play. It’s all quick and painless, especially for my first-time pairing with a Samsung Galaxy S24 Ultra.
Otherwise, it’s all very pro audio. Everything reminds me very much of the Peavey PA system I have in my music rehearsal space. The top of the speaker features a built-in carrying handle and a place for a strap (an accessory you have to buy aftermarket, or you can fasten it with any strap you have that fits through the hole). There are also top-hat mounts for the speakers to slide onto traditional PA pole stands, if you wanted to use them in that way at a party or event.
The grill is replaceable, as is the massive internal battery, which means that these things are pretty much indestructible as long as the amp and speakers themselves still work—the battery is the weak point of most portable speakers in 2026.
I bounced it around my yard, dropped it off my patio, and generally beat the crap out of it during my two-week testing period, and the thing just needed a little wipe down and a charge when it ran out of juice. The claimed 40 hours of battery at reasonable volume is accurate, but you’ll get about eight hours at max volume (which is very good for the category). If you need to bring some walk-out music to your kid’s all-day Little League tournament, this a great way to go.
Big Sound
Photograph: Parker Hall
Soundboks calls this speaker midsize, but at 21.4 pounds and the size of a medium-size cooler, I’d still call it a large speaker. That said, the size doesn’t make it any less portable than competitors from JBL and others; you still need a car or cargo ebike to take one of these with you, so what’s a couple inches here or there? The fact that this is a rectangle actually makes it easier to strap down than many others, especially with the holes for the strap and the built-in handle to tie down through.
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