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Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022


Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps to help it navigate...

Elon Musk: Twitter No Longer in Fast Lane to Bankruptcy


Tesla CEO and Twitter chief Elon Musk has confirmed that the social media company is no longer “in the fast lane to bankruptcy.” Nonetheless, the billionaire emphasized that there is still much work to do on the platform. “But overall it seems to be going in a good...

This Scottish Cycle Lane Is Harder Than Any Video Game


There’s a street in Edinburgh, Scotland, that offers a real-life version of Paperboy’s zigzag cycling routes, and I’m here to celebrate it for just that. As part of the city’s £207 million ($253m) project to run trams through the famous road, a new section of cycle lane has been put in, which, as...

Crypto Sports Sponsorship Moves into Fast Lane with OKX F1 Deal


  The crypto industry has stepped up another gear in its race to win the hearts, minds, and some money of sporting fans the world over. Following the news that Crypto.com will be one of the main sponsors of the World Cup in Qatar later this year, the crypto exchange OKX has announced that it...

A Very Good Story About Joel Embiid Crushing Kids At Video Games


Joel Embiid is a gift to the game of basketball, a guy who is one of the best players in the NBA and a real chance to be named the league’s MVP this year. He is an unstoppable force on the court, so it may not surprise you too much to know he’s just as relentless off it as well. Even when he’s...

Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin


Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch...

New World Starts Accidentally Giving Out Free Gold


Amazon’s New World is certainly used to players finding exploits to plunder extra gold, but yesterday the MMO took it to a whole new level: The game itself accidentally started giving out chestfuls of gold to certain players.Read more

Renaissance Faire: The Kotaku Review


Life doesn’t often let you know when your brain will flip. If you ever do receive such a heads-up, you’d be wise to heed it. I learned so while playing Renaissance Faire, a massively multiplayer real-world role-playing game that is only nominally about the Renaissance.Read more

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