• Coinbase is reimbursing losses caused by the Ethereum flash crash

    Coinbase is reimbursing losses caused by the Ethereum flash crash

    Earlier this week, GDAX, the digital currency exchange run by Coinbase,¬†experienced a flash crash in its USD – Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many… Read More

  • Is An IKEA Run By Robots Is An IKEA Run By Robots

    Custom furniture is hard. Either you’re talking about something high-end with all sorts of frippery or something deliriously low-end like a countertop. What about the middle? The folks at, a Polish furniture manufacturer, are aiming for that interesting (and lucrative) market. First off, bear with me. The website is awful and the company has been around since 2008 as a… Read More

  • Atlantis, The Flashy Silk Road Alternative, Shuts Down

    Atlantis, The Flashy Silk Road Alternative, Shuts Down

    Atlantis was supposed to be a “better” alternative to the popular, but hidden, Silk Road market. In short, it allowed the average user to buy and sell drugs, contraband, and whatever else using an encrypted web session and Bitcoin. Now it’s sunk. Read More

  • India activates 4 cellphones per second

    India saw 9.9 million cellphone activations in September which is 3.9 activations per second. Pretty nuts, right? The market is 310 million right now with 27.5% penetration, meaning 3/4 of the country will still be heading to the local Tata store to pick up the latest models. GSM dominates the Indian market with 75.2% of the total. It recorded a monthly gain of 7.65m in September, its second… Read More

  • LG To Use Google Apps On Phones

    Pardon me, but didn’t LG just strike a huge deal with Yahoo! recently? I suppose you shouldn’t even bother choosing sides when you can have the best of both worlds. LG has announced that it will be including some of Google’s mobile apps on future phones, which will include Gmail, Mobile Maps, Search, and Blogger. Ten of these new “Google-fied” phones will drop… Read More