Genesis Global Capital Owes Creditors $3.4 Billion in Bankruptcy Filing

Genesis Global Capital Owes Creditors $3.4 Billion in Bankruptcy Filing

The lending unit of crypto firm Genesis, Genesis Global Capital, has filed for bankruptcy protection in the United States, owing creditors at least $3.4 billion. The filing comes after the crypto lender froze customer redemptions on November 16th, following the collapse of major exchange FTX which sent shockwaves through the crypto sector. The bankruptcy filing …
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According To Research, Ransom Payments To Hackers Have Decreased By 40%

According To Research, Ransom Payments To Hackers Have Decreased By 40%

Fewer companies are paying ransoms to hackers, according to new research from blockchain forensics firm Chainalysis Inc. The research indicates that ransom payments, which are almost always paid in cryptocurrency, fell to $456.8 million in 2022, a 40% drop from $765.6 million in 2021. According to the report, “that doesn’t mean attacks are down, or …
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Voyager Digital Secures Initial Approval for $1 Billion Binance Deal

Voyager Digital Secures Initial Approval for $1 Billion Binance Deal

Voyager Digital, a bankrupt crypto lender, has received initial court approval for a proposed $1 billion sale of its assets to Binance.US. The U.S. Bankruptcy Judge Michael Wiles in New York allowed Voyager to enter into an asset purchase agreement with Binance.US and to solicit creditor votes on the sale, which will not become final …
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Nokia T21 Review: A Budget-Friendly Option with High-End Features

Nokia T21 Review

The Nokia T21 is the latest release from HMD Global, the company that has kept the Nokia consumer brand alive and well. This tablet is a great option for those looking for a budget-friendly Android tablet that offers a lot of features. The T21 is powered by the relatively new Unisoc T612 octa-core processing package, …
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Focal Chora 826 Floor Standing Speaker Review

Focal Chora 826 Floor Standing Speaker Review

The Focal Chora 826 floor standing speaker is a high-fidelity solution for complete listening pleasure. The speaker boasts an exclusive Slatefiber cone, developed and manufactured at the Focal site in France, which delivers balanced and precise midranges and perfectly articulated bass. The sleek, modern design of the speaker, combined with its tilted stand for a …
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Pure Advance Flex Electric Scooter Review

Pure Advance Flex Electric Scooter Review

The Pure Advance Flex e-scooter is a unique and innovative transportation option that sets itself apart from other scooters on the market. One of its standout features is its ergonomic design, which replaces the traditional narrow skateboard-like deck with a footpad on either side of the central chassis. This allows for a more comfortable and …
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LastPass Under Fire for Misleading Statement on Hack That Exposed Password Vaults

LastPass Under Fire for Misleading Statement on Hack That Exposed Password Vaults

Last week, LastPass, a popular password manager, announced that it had suffered a breach in August and November that led to hackers accessing users’ password vaults. While the company insisted that login information was still secure, cybersecurity experts have raised concerns about the company’s statement and its “zero knowledge” architecture. Wladimir Palant, a security researcher …
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Hisense Unveils UX Mini LED TV with 2,500 Nits of Peak Brightness

Hisense Unveils UX Mini LED TV with 2,500 Nits of Peak Brightness

Hisense has announced the UX, a 85-inch 4K TV that can produce 2,500 nits of peak brightness. This is the first entry in the company’s new ULED X line and features Hisense’s in-house Hi-View Engine X processor. This chip allows the UX to produce smoother and more precise dimming and color effects, and Hisense claims …
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