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FTX customers could get $9B shortfall claim payout by mid-2024
17.10.2023
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million for FTX US
Bridgewater Founder Ray Dalio Warns of ‘Brutal World War III’ — Says China and US Are at Brink of Hot War
17.10.2023
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has warned that the U.S. and China are at the brink of a hot war. He has outlined a scenario where “we will see the transition from contained pre-hot-war conflicts to a brutal World War III.” Ray Dalio Warns...
Sony Announces New, Smaller PS5 Launching Next Month
10.10.2023
After some previous leaks, Sony has officially announced a new, sleeker version of the PlayStation 5. The smaller console comes out in November and will have the same specs as the current PS5 consoles already out on store shelves.Read more
Every Change In Cyberpunk 2077's New 2.01 Patch
5.10.2023
CD Projekt Red said it plans to move on from Cyberpunk 2077 now that its big Phantom Liberty DLC and 2.0 systems overhaul are out, but it still has a few things left to patch. A new 2.01 update that went live on October 5 fixed corrupted save issues on PlayStation 5 and a bunch of other issues...
SEC initiates legal action against FTX's auditor
1.10.2023
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence
Ahsoka Episode 7 Review: Very Much A Star Wars Show
27.9.2023
The latest episode of the Ahsoka Disney Plus series felt like it was moving all the important chess pieces around the board. And for good reason—the next episode is its last, so showrunner Dave Filoni had to make sure Ahsoka Tano (Rosario Dawson), Sabine Wren (Natasha Liu Bordizzo), and the newly...
Every Change In Cyberpunk 2077's Massive 2.0 Update
21.9.2023
Cyberpunk 2077’s big 2.0 update is out today and it fundamentally changes large swaths of the original game. We’ve been playing it a bit as part of our Phantom Liberty coverage and had a broad sense of the changes, but CD Projekt Red has finally released extensive patch notes to tell you every...
Ahsoka Episode 6 Review: The Threads Of Destiny
20.9.2023
If last week’s episode of Ahsoka—which featured lengthy, surreal scenes centered on Anakin Skywalker and Ahsoka Tano—was showrunner Dave Filoni catering to both Clone Wars and prequel fans, then the newest episode, “Far, Far Away,” is for Rebels loyalists. But not just Rebels loyalists, as Ahsoka...
Ahsoka Series Episode 4 Review: You’re Exactly The Way I Remember You
6.9.2023
Leave it to Dave Filoni to pull off a Star Wars nostalgia play that has me sobbing on my living room couch after years of nods to other characters that felt more fan-service-y than impactful. With Ahsoka episode four, the unofficial heir to George Lucas’ empire manages to weave together multiple...
Ahsoka Series Episode 4 Review: You’re Exactly The Way I Remember You
6.9.2023
Leave it to Dave Filoni to pull off a Star Wars nostalgia play that has me sobbing on my living room couch after years of nods to other characters that felt more fan-service-y than impactful. With Ahsoka episode four, the unofficial heir to George Lucas’ empire manages to weave together multiple...
P2P marketplaces need to become unstoppable, permissionless - Paxful co-founder
25.8.2023
A new project aims to build a peer-to-peer marketplace to facilitate censorship-resistant, permissionless trading between Bitcoin users
Ahsoka Episode 2 Review: This Is Where The Fun Begins
24.8.2023
Dave Filoni and the other people behind Ahsoka don’t have it easy. The notion of imbuing a live-action series with dozens of hours’ worth of character development and lore from other shows is daunting—and trying to do all that within the larger Star Wars lexicon, whose fans are unyielding and often...
Half-Life 2 Will Soon Have Ray-Tracing
22.8.2023
GPU manufacturer Nvidia announced its plans to remaster, with full ray-tracing, Valve’s 2004 first-person shooter Half-Life 2 on August 22. Development will be handled by myriad Half-Life 2 mod teams, including those that made Half-Life 2: VR, united under new studio Orbifold, and it’ll be released...
Half-Life 2 Will Soon Have Ray-Tracing
22.8.2023
GPU manufacturer Nvidia announced its plans to remaster, with full ray-tracing, Valve’s 2004 first-person shooter Half-Life 2 on August 22. Development will be handled by myriad Half-Life 2 mod teams, including those that made Half-Life 2: VR, united under new studio Orbifold, and it’ll be released...
FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'
10.8.2023
The committee of unsecured creditors criticized the bankrupt estate's reorganization plan submitted to court in July
FTX Unveils Reboot Plan for New Offshore Exchange under New Leadership
2.8.2023
On July 31st, under its new CEO, John J. Ray III, the bankrupt cryptocurrency exchange FTX Trading Ltd. submitted a draft plan to "reboot" the collapsed crypto exchange.
The proposal was unveiled on Monday, presenting FTX.com claimants with the option to hold equity securities, tokens, or other...
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
24.7.2023
Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too
Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’
11.7.2023
On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...