Bybit Loses $1.5B in Hack of single cold wallet

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of “suspicious outflows,” according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The Read more about Bybit Loses $1.5B in Hack of single cold wallet[…]

Apple Says ‘No’ to UK Backdoor Order, Will Just Disable E2E Cloud Encryption Instead

Good work, Britain. Owners of Apple devices in the United Kingdom will be a little less safe moving forward as the company pulls its most secure end-to-end (E2E) encryption from the country. The move is in response to government demands there that Apple build a backdoor into its iCloud encryption feature that would allow law Read more about Apple Says ‘No’ to UK Backdoor Order, Will Just Disable E2E Cloud Encryption Instead[…]

External Li supply reshapes Li deficiency and lifetime limit of batteries

Lithium (Li) ions are central to the energy storing functionality of rechargeable batteries1. Present technology relies on sophisticated Li-inclusive electrode materials to provide Li ions and exactingly protect them to ensure a decent lifetime2. Li-deficient materials are thus excluded from battery design, and the battery fails when active Li ions are consumed3. Our study breaks Read more about External Li supply reshapes Li deficiency and lifetime limit of batteries[…]

HP buys Humane’s AI pins, will brick them in 10 days. Like with their VR hardware, HP likes turning hardware into sustainable junk.

AI hardware startup Humane has given its users just ten (10!) days notice that their Pins will be disconnected. In a note to its customers, the company said AI Pins will “continue to function normally” until 12PM PT on February 28. On that date, users will lose access to essentially all of their device’s features, Read more about HP buys Humane’s AI pins, will brick them in 10 days. Like with their VR hardware, HP likes turning hardware into sustainable junk.[…]

GameStop CEO Scapegoats DEI for Company Troubles. So much for diamondhands then.

GameStop CEO Ryan Cohen took to X on Tuesday to blame wokeness and DEI for the retail chain’s impending exit from Canada and France. The company, which managed to survive the pandemic thanks to the infamous memestock frenzy, has closed more than 700 stores since 2020 as more game distribution moves digital. In a release, Read more about GameStop CEO Scapegoats DEI for Company Troubles. So much for diamondhands then.[…]

Microcomb chips help pave the way for thousand times more accurate GPS systems

Today, our mobile phones, computers, and GPS systems can give us very accurate time indications and positioning thanks to the over 400 atomic clocks worldwide. All sorts of clocks — be it mechanical, atomic or a smartwatch — are made of two parts: an oscillator and a counter. The oscillator provides a periodic variation of Read more about Microcomb chips help pave the way for thousand times more accurate GPS systems[…]

Meta slashes staff and their stock options, but it’s ok: executives’ annual bonuses just went from 75% base salary to 200% and stock is around 2000% of salary

After another round of mass layoffs and reports of slashed stock options for remaining employees, Meta has like clockwork opted to reward its top executives with a substantial bonus increase. The Facebook giant revealed in a government filing that its Compensation, Nominating and Governance Committee (CNGC) approved a target annual bonus increase for its top Read more about Meta slashes staff and their stock options, but it’s ok: executives’ annual bonuses just went from 75% base salary to 200% and stock is around 2000% of salary[…]

Nvidia Drops Support for PhysX on Its RTX 50-Series Cards

Earlier this week, Nvidia confirmed in its official forums that “32-bit CUDA applications are deprecated on GeForce RTX 50 series GPUS.” The company’s support page for its “Support plan for 32-bit CUDA” notes that some 32-bit capabilities were removed from CUDA 12.0 but does not mention PhysX. Effectively, the 50 series cards cannot run any Read more about Nvidia Drops Support for PhysX on Its RTX 50-Series Cards[…]