Crypto collapse: it’s looking like a long, cold, contagious winter

Filed under: FTX is just the latest company facing an uncertain future as cryptocurrency values drop, revealing flaws in risky financial strategies that fueled the recent crypto and NFT boom. By Verge Staff 51 updates since May 20, 2022, 3:20 PM UTC RSSFollow this stream Illustration by Alex Castro / The Verge On January 1st […]

FTX reportedly used $10 billion of customer funds to prop up its owner’s trading firm

/ Sam Bankman-Fried reportedly made the loans without consulting anyone else at FTX. Basically rule number one of what not to do with your customers’ money.Illustration: The Verge Sam Bankman-Fried’s trading firm Alameda Research reportedly owes his crypto exchange FTX $10 billion after taking loans funded by deposits from FTX customers, according to The Wall […]

The best smartwatches for Android users right now

Wear OS is much better than it used to be, so there’s never been a better time to consider a smartwatch. After a long stretch of slim pickings, 2022 has been a huge year for Android smartwatches. The Google Pixel Watch finally launched after what felt like a decade. Samsung released its second-gen Wear OS […]

Wearables might be able to screen for premature birth

/ The strategy isn’t ready for individual use, but a new Whoop study found that heart rate might be a useful target. Whoop’s new study shows changes in heart rate variability ahead of delivery.Image: Whoop Monitoring changes in heart rate in pregnant people may be a way to screen for people who will deliver prematurely, […]

Canon’s “Pro” webcam software paywall makes little sense

/ The EOS Webcam Utility Pro upgrade adds multi-camera wired support and single-camera wireless. It also tops out at 1080p and costs $5 per month or $50 per year. Canon’s webcam software supports 42 different camera models, including the G7X Mark III pictured here.Image: Canon It felt like companies were offering some goodwill during the […]

Read Elon Musk’s first email to Twitter employees

/ The new owner of Twitter speaks to employees after nearly two weeks of chaos and uncertainty. Illustration by Kristen Radtke / The Verge; Getty Images Elon Musk sent his first email to Twitter employees on Wednesday evening, warning of a “challenging economic climate” ahead and the need for the company to launch Twitter Blue […]

KFC blames its bot for promoting its cheese-covered chicken on Kristallnacht

Tech/ Artificial Intelligence / The fast food chain sent app users in Germany a promotional push notification reading in part, ‘Treat yourself with more tender cheese on your crispy chicken’ on the anniversary of Kristallnacht. Image: KFC Fast food chain KFC sent customers in Germany a message encouraging them to “treat [themselves]” to the restaurant’s […]