Tesla Powerwall customers in Texas can now sell their electricity back to the grid
Elon Musk’s plan to “operate as a giant distributed utility” is creeping towards reality. Tesla first piloted a “virtual power plant” in California, inviting Powerwall home battery owners to sell electricity back to the grid at peak times to mitigate brownouts. Soon after, the automaker expanded the effort into Australia and Japan, and next it’s … Read more
Daily Crunch: Major tech firms partner with Linux Foundation to support open map data development
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. The TC crew are a bunch of bookworms. Alex collected the top reads from 2022. Haje’s favorite was “A Deadly Education” (Naomi Novik’s first book in the Scholomance trilogy), which incidentally was … Read more
First Mover Asia: Active Crypto Developers Decreased Nearly 60% in 2022
Despite the decline over the past year, more than 1,500 developers are still active in building the top blockchains and decentralized applications during this bear market.
Try ‘Riffusion,’ an AI model that composes music by visualizing it
AI-generated music is already an innovative enough concept, but Riffusion takes it to another level with a clever, weird approach that produces weird and compelling music using not audio but images of audio. Sounds strange, is strange. But if it works, it works. And it does work! Kind of. Diffusion is a machine learning technique … Read more
Crypto.com continues its worldwide registration push with Brazilian EMI license
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.
Google’s stranglehold on the mapping space could be challenged by new initiative from Meta, Microsoft, Amazon, and others
Illustration: The Verge Meta, Amazon Web Services (AWS), Microsoft, and mapping company TomTom have launched a new mapping initiative in partnership with The Linux Foundation that could challenge the dominance Google holds in the mapping world, TechCrunch reports. The recently launched Overture Maps Foundation aims to encourage the development of new map products with openly … Read more
LG’s UltraGear OLED gaming monitors look as good in person as I hoped
It’s no surprise that these OLEDs look amazing no matter what angle you’re viewing them from. Thankfully, I don’t have to wait until CES 2023 in January to tell you about my experience seeing LG’s two esports-ready OLED gaming monitors. LG’s flat 27- and curved 45-inch UltraGear 1440p monitors are even faster than its TVs … Read more
Researchers use zero-knowledge to address privacy, AML concerns in stablecoins
Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits.
How NASA’s newest satellite will monitor lakes and rivers from space
An illustration of the SWOT satellite in orbit. | Image: CNES Early tomorrow morning, a new Earth monitoring instrument called the Surface Water and Ocean Topography mission, or SWOT, will launch into space on a SpaceX rocket. The satellite will take the first global survey of Earth’s freshwater systems from space, observing not only the … Read more
The VC-dominated crypto funding model needs a reboot
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem.
Dutch central bank says KuCoin is not licensed and ‘illegally offering services’
“This may increase the risk of customers becoming involved in money laundering or terrorist financing,” said De Nederlandsche Bank.
Tim Sweeney wants Epic to help build a metaverse that’s actually positive
Geralt will be joining Fortnite shortly. | Image: Epic Games Epic Games CEO Tim Sweeney laid out what he called his “grand vision” for the company in a livestream on Thursday, and it might not be surprising that the company that builds Fortnite wants to help usher in the best version of the metaverse. While … Read more
Belkin’s Continuity Camera mount for desktops is here
For those dedicated to magnetically mounting a phone to their screens so they can have that good webcam quality. | Image: Belkin When Belkin released its Continuity Camera mount for Mac laptops in October, it promised that a version for desktops would be coming soon. Now, it’s finally here. You can get the accessory that … Read more
Juno raises millions to provide family-first healthcare from Inglewood to Harlem
Even after billions of venture capital raised and invested into the digital health space, it’s still difficult to access quality healthcare. And while that may raise questions on if a scrappy startup has a fighting chance at fixing things, to entrepreneur Akili Hinson, it just means that Juno needs to be even smarter about the … Read more
Jack Dorsey Gives Decentralized Social Network Nostr 14 BTC in Funding
The former Twitter CEO has donated roughly 14 BTC worth $245,000 to fund Nostr’s development, after recently publishing his views on a native internet protocol for social media.
The Bitter Lesson (2019)
Comments
Crypto Markets Today: Archblock Attempting to Bring US Banks to DeFi; Bitcoin and Ether Stall
Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision
Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year’s infrastructure law.
Sun King, a provider of solar energy products in Africa and Asia, expands Series D to $330M
Sun King, a provider of off-grid solar energy products in Africa and Asia, has secured a $70 million equity investment led by LeapFrog Investments. It’s an extension of the $260 million Series D round the solar company announced this April, which was led by BeyondNetZero, the climate investing venture of General Atlantic and M&G Investments’ … Read more
Aztec Network secures $100 million in Series B funding led by a16z
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain.
Common Lisp (1986)
Comments
Apollo Layoffs
Comments
SBF’s legal battle still has “a lot to play out,” according to legal commentators
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years.