Crypto-friendly bank ends loans backed by crypto mining rigs
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.
Month: February 2023
PKT Pal Expands Its Crypto-Powered WiFi Device Lineup With Launch of The Mini
Customers were able to deposit $99 to reserve the $499 device starting yesterday.
‘Categorically false’ — Attorney denies bids for Celsius assets were rejected
The Celsius Official Committee of Unsecured Creditors hosted a two-hour town hall shortly after the filing of the Celsius examiners’ report.
The Golden Age of Glossies
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Crypto exploit losses in January see nearly 93% year-on-year decline
Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year.
Prime Voice AI: AI speech software
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Write simply (2021)
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Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report
A report suggests companies are able to register in the U.K. very easily which makes them appear more credible to potential scam victims.
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week.
Founder of $7.5M ‘brazen fraud scheme’ to see 8 years behind bars
Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.
Superstrata e-bike review: Rebel without a cause
Superstrata’s e-bike is a strange specimen — there’s no two ways about it. In some ways that makes sense; the bike’s concept, borne out in seamless 3D-printed carbon fiber, springs from an equally strange premise. We’ll get into that. Talking to Sonny Vu, founder of Superstrata’s parent company Arevo, the bikes were crafted not out … Read more
Is remote work bad for the economy?
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Tesla records $204M loss from bitcoin in 2022
Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings, according to regulatory filings. The loss was offset by $64 million in profits from bitcoin trading, leaving the automaker with a net loss of $140 million. Tesla had invested $1.5 billion in bitcoin during the first quarter of 2021, stating that it … Read more
Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network’s Hackathon
The auto giant may use technology developed from the hackathon for its internal use.
Microsoft is pulling many beloved games off the Xbox 360 store next week
A screenshot from Half-Life 2, which is included in The Orange Box. | Image: Valve Microsoft will be removing a bunch of beloved games from the Xbox 360 Marketplace on February 7th, according to a support page on the Xbox website (via Wario64), meaning you won’t be able to buy them after that date. It’s … Read more
Energy X secures $20M at $120M valuation to slash building sector emissions
Countries worldwide have pledged to reduce their energy usage and reach net-zero energy targets by 2050. To get there, they will need to find clever ways to decarbonize especially dirty businesses, including the buildings sector. The push to clean up the built environment has spawned a lot policy, as well as overlapping acronyms, including net-zero … Read more
Meta is inexplicably shutting down one of the best Oculus games
We’ve called it a cross between the Battle School from Ender’s Game and ultimate frisbee. We’ve called it Final Fantasy X blitzball meets VR. It made two of our Best VR Games lists — three, if you count the one I did for CNET before returning to The Verge. It convincingly sticks you into a … Read more
NLRB judge rules that Amazon broke labor laws in Staten Island (again)
Illustration by Alex Castro / The Verge A judge for the National Labor Relations Board has determined that Amazon broke labor laws in the run-up to union elections at its JFK8 and LDJ5 facilities in Staten Island, New York. According to the judge, the company threatened workers by saying they wouldn’t get raises or additional … Read more