Month: February 2023
EA and Meta weren’t the only companies to ax games this week
Apex Legends Mobile is one of the games shutting down. | Image: EA Over the course of this week, the developers of several major live service titles announced that their games would be shutting down. That means that players who actively enjoyed those games — and possibly spent money on them — might have to … Read more
Sam Bankman-Fried’s Emergent Fidelity Technologies Files for Bankruptcy
Emergent is owner of 56 million shares of online brokerage Robinhood.
Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt
Fintech investment firm 1754 Finance, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.
Is this poison ivy?
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Critique of the mind/body problem
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Sam Bankman-Fried’s holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s.
Update on Samsung SSD Reliability
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Filecoin Parent Company Protocol Labs Cuts 21% of Staff
Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday.
Overstock-funded tZERO Crypto exchange will shut down March 6
Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens.
A remastered version of Myst is coming to iOS
Indie studio Cyan is bringing its latest Myst remaster to iOS. | Image: Cyan The classic puzzle game Myst is celebrating its 30th birthday this year with a new way to play: on your iOS device. Myst Mobile is based on the remastered version of the original that’s been released for Oculus headsets and PCs … Read more
Pakistan is reportedly blocking Wikipedia
It’s currently unclear what the government wants removed from the site. | Illustration by Alex Castro / The Verge Wikipedia has been blocked in Pakistan over “sacrilegious” content on the site, according to a report from Bloomberg. The ban comes after the government ordered the site to remove offending content within 48 hours, and the … Read more
Options Automated Market Maker Lyra Deploys to Arbitrum Network
With the Newport upgrade, Lyra is also now integrated with GMX perpetuals, allowing users to benefit from improved capital efficiency and user experience.
A jury will now decide whether Elon Musk committed fraud when he tweeted ‘funding secured’
Kristen Radtke / The Verge; Getty Images The question of whether Tesla CEO Elon Musk committed fraud when he tweeted in August 2018 that he was thinking of taking the company private, adding “funding secured,” is now up to a jury. With Musk in attendance, the jury in the billionaire’s securities fraud trial heard closing … Read more
Legal Expert Says Mango Markets Exploit Case Is Wake-Up Call For DAOs
Benjamin Bathgate, partner at Canadian-based law firm McMillan LLP, says the lawsuit against Avraham Eisenberg, the alleged Mango Markets exploiter, could impact how DAOs implement their legal and governing structures in the future.
Why Crypto Is Not an ‘Industry’
What term should we use to describe the collective of individuals and projects working to further the use cases of blockchain technology? Are we an industry, a sector or something else? Noelle Acheson explains why this matters more than we might realize.
TZero to Sunset tZero Crypto App Amid Regulatory Challenges
Customers will have until March 6 to withdraw their assets from the platform.
CFTC head looks to new Congress for action on crypto regulation
“I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.
DeFi enjoys a prolific start to 2023: Finance Redefined
DeFi marks a perfect entry into 2023 with a bullish January and TVL nearing $50 billion.
MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions
With “scientific sustainability” as a core principle, the Maker Constitution is to play an active role in combating climate change by allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund.
Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?
ATOM gained 50% in January and while the wider crypto market could remain bullish for some time, does the Cosmos ecosystem have strong enough fundamentals to support further upside?
The EU has reportedly issued a formal warning to Microsoft over the Activision Blizzard deal
It’s more regulatory pressure on the deal. | Illustration by Alex Castro / The Verge Microsoft is seemingly facing more regulatory opposition to its proposed acquisition of Activision Blizzard. According to Politico, the European Union has issued a formal antitrust warning against Microsoft regarding the $68.7 billion deal. Politico didn’t share exact details about the … Read more
ESA – Space Suit Design Competition
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Crypto VC Firm Pantera Loses Co-CIO Joey Krug
A newly-formed executive committee will absorb Krug’s duties, according to a letter to limited partners.