Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange.
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange.
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Icarus keeps live-tweeting his fall from the Firmament.
Precise numbers on deafblindness are difficult to calculate. For that reason, figures tend to be all over the place. For the sake of writing an intro to this story, we’re going to cite this study from the World Federation of the DeafBlind that puts the number of severe cases at 0.2% globally and 0.8% of … Read more
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. Hello, and welcome to your…checks the top right of the screen…Wednesday. Several of our TechCrunch colleagues headed to Miami today for the TC Sessions: Crypto event tomorrow. Given the past week, it … Read more
Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone.
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse.
Let’s face it, most people aren’t early adopters, especially when it comes to their homes. Take the kitchen, for example, where many people still buy gas cooktops despite induction’s superiority. It’s not because everyone’s busy charring peppers over an open flame — it’s because they’re slow to adopt changes. When it comes to heating and … Read more
Image: Toyota Toyota’s Prius has long been the ugly duckling of the eco-car market, but the automaker is finally delivering a version that’s easier on the eyes. The redesigned fifth-generation 2023 Prius was just revealed in Japan, with a sportier coupe-like look to hide that it’s still a four-door compact with hybrid and plug-in hybrid … Read more
In a major first, the U.S. Food and Drug Administration just offered its safety blessing to a cultivated meat product startup. It completed its first pre-market consultation with Upside Foods to examine human food made from the cultured cells of animals, and it concluded that it had “no further questions” related to the way Upside … Read more
Samar Haddad / The Verge With iOS 16’s overhaul of lock screen customization, Apple introduced a feature that lets you choose a shuffling set of pictures for your wallpaper. I was recently reminded of this feature thanks to a tweet from @cabel, and I’ve used it to make my lock screen a rotating gallery of … Read more
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The saga of FTX, formerly one of the world’s largest crypto exchanges that fell rapidly into bankruptcy, took a new turn today after Vox published a series of messages with its former CEO Sam Bankman-Fried. The erstwhile executive, known in the crypto world as SBF, discussed regulators, ethics and bankruptcy regrets, amongst other issues that … Read more
A well-designed CI/CD pipeline is essential to scale any software development workflow effectively. When designing production CI/CD pipelines, AWS recommends leveraging multiple accounts to isolate resources, contain security threats and simplify billing-and data science pipelines are no different. At AWS, we’re continuing to innovate to simplify the MLOps workflow. In this post, we discuss some … Read more
Virtual lounges for your avatar to watch a livestream of the game? Web3 doesn’t get more meta than the mind-bending plans for the World Cup in Qatar.
Quadruped robot developers like Boston Dynamics have taken great pains to develop systems capable of traversing all manner of terrain. For the right price, you can pick up a robotic dog that can take a kick, get back up and get back on its way. A team comprised of researchers at Carnegie Mellon and UC … Read more
The Twitter thread stresses SBF’s resignation from the exchange and affiliated companies.
The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency.
The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd companies that filed for bankruptcy last Friday have an estimated one million creditors – but Bahamian liquidators threw another wrench into the process on Tuesday.
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.
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“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.