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Welcome to the crypto ice age

Vox

There was a loss of confidence in the system, and it was a run on the bank. They’re supposed to have a certain amount on hand that if you showed up at the bank tomorrow and said, “I’d like my deposits back,” they will give it to you. Cheese — you’ve kept a bunch of your net worth in Chuck E. That’s not how it works. If Chuck E.

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FTX’s implosion and SBF’s arrest, explained

Vox

FTX’s new CEO — who helped manage Enron after its 2001 collapse — said that he has never in his career “seen such a complete failure of corporate controls and such complete absence of trustworthy financial information.” It didn’t get one. The picture emerging is an ugly one.

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GI Partners Buys LA Telecom Hub One Wilshire » Data Center.

Data Center Knowledge

Bank Tower recently sold for about $260 a square foot. In 2001, CalPERS backed GI Partners to acquire dozens of data center and Internet gateway properties, including many distressed properties bought at discount prices during a glut of data center real estate in the wake of the dot-com bust. | High Net World HNW Magazine.

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The Mac Studio is myth fulfillment

The Verge

A 2005 Ars Technica post by John Siracusa suggests it was coined in that site’s Mac forums in 2001 or earlier. It could still be a net win. Today’s Macs, bar the Intel-based Mac Pro, don’t have swappable banks of RAM or storage bays or card slots. Funneled toward iMac or Power, users wanted more.

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