Marathon reports $80M exposure to bankrupt mining firm
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3.
MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield.
SaaS platform klikit saves restaurant kitchens from “tablet hell”
The proliferation of delivery services give customers many options, but means chaos for busy restaurants that need to manage orders across multiple apps and channels. Many kitchens handle this by juggling several devices at a time, one for each app. Klikit wants to save Southeast Asian food businesses from “tablet hell” by aggregating order information … Read more
Meta’s flagship metaverse app is too buggy and employees are barely using it, says exec in charge
Mark Zuckerberg recently demonstrated the current quality of Meta’s Horizon Worlds avatars. | Mark Zuckerberg / Meta Meta’s VR social network Horizon Worlds — the company’s flagship “metaverse” app — is suffering from too many quality issues and even the team building it isn’t using it very much, according to internal memos obtained by The … Read more
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs’ Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth less than a percentage point of the $21 million that the troubled hedge fund spent in assembling it.
Tesla Semi production begins with Pepsi getting the first deliveries
Tesla CEO Elon Musk tweeted Thursday that production on its long-delayed all-electric semi truck has started with the first deliveries beginning in December. The automaker introduced an all-electric Class 8 truck prototype, dubbed Tesla Semi, during a splashy November 2017 event held in Hawthorne, California, on the grounds of the company’s design studio and Musk’s … Read more
Tesla’s first Semi trucks will be delivered to Pepsi in December
The Semi Truck is finally entering production. | Image: Tesla Tesla has started production on its long-awaited Semi truck, and plans to start delivering it to Pepsi by December 1st, according to a tweet from CEO Elon Musk. The soft drink company ordered 100 of the electric transport vehicles in December 2017, just a month … Read more
As the market cools, aggressive Tiger Global looks to raise a fund that’s half the size as its last
In recent years, assets under management at the investment firm Tiger Global have exploded. Now the firm is taking stock and winnowing down its operations, per a new investor letter first seen by Axios and obtained subsequently by TechCrunch. Most significantly, whether for lack of other options or — just as likely — in reaction … Read more
Did Kim Kardashian really deserve that crypto fine?
Image Credits: TechCrunch This week was a weird one for crypto, as reality TV superstar Kim Kardashian was one of the first celebrities to get an SEC fine for promoting a cryptocurrency in a social media #ad; we also had to about Dogecoin rallying on Elon’s recommitment to the Twitter deal. Listen to the fill … Read more
How the Pixel, Apple, and Galaxy watches compare on paper
Breaking down the features and capabilities of the Pixel, Apple, and Galaxy Watches. | Photo by Vjeran Pavic / The Verge Google has announced the Pixel Watch, its first flagship wearable. While it has a clean circular design, the company is just now getting into a field that competitors like Apple and Samsung have been … Read more
Colorado is accepting crypto for tax payments — it could be a mess or a shining example
Colorado is now accepting crypto for tax payments — but if you choose to use that option, it could change the amount you owe.
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BNB Chain confirms BSC halt due to ‘potential exploit’
Rumors of a significant hack on the BNB Chain were confirmed by the blockchain’s team, with all deposits and withdrawals suspended on the network.
Amazon has 365 days to pour $150 million into diverse check writers
Amazon announced yesterday the launch of Amazon Catalytic Capital, a $150 million commitment focused on investing in underrepresented builders in tech. The initiative, according to a release, will invest in funds that back pre-seed and seed-stage startups built by Black, Latino, Indigenous, women, and LGBTQIA+ founders. The goal is that the money will support more … Read more
The Musk v. Twitter trial is temporarily on hold as proposed deal looms
Judge Kathaleen McCormick ruled that the Elon Musk vs. Twitter trial will be put on hold so that the two parties can work out a deal. Earlier this week, the Tesla and SpaceX CEO finally agreed to pay $54.20 per share for Twitter, the same $44 billion deal he proposed in April. This afternoon, Musk’s … Read more
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Daily Crunch: Everything you wanted to know about Google Fall Event 2022 (but were afraid to ask)
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hi again! Wondering if you have a preference between “Friday Eve,” “Pre-Friday” or just stick to Thursday? We are very gently leaning toward Little Friday, but tweet us your favorite post–hump day … Read more
The best anti-Prime Early Access Sale tech deals happening at Target
Illustration by Kristen Radtke / The Verge If you’re not an Amazon Prime member (or prefer not to shop at Amazon), Target’s competing with the upcoming Prime Early Access Sale with deals of its own — no membership needed. Through Saturday, October 8th, the retailer is holding the Target Deal Days event, offering discounts on … Read more
Blizzard is taking Overwatch 2 offline to make some fixes
Blizzard will be taking down the Overwatch 2 servers twice on Thursday evening. | Image: Blizzard Blizzard is planning to take down the Overwatch 2 servers two times Thursday evening to implement some major fixes. The servers will go down first from 6PM to 7PM ET and then again from approximately 9PM ET to 12AM … Read more