genesis
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NASA Discovers Root Cause of Parachute Glitch in Asteroid Sample Landing
Inconsistent labels in the OSIRIS-REx landing plans are what caused the out-of-order parachute deployment during the return capsule’s descent to Earth on September 24, NASA stated in a release yesterday. OSIRIS-REx carried samples of the asteroid Bennu to Earth in late September—an “astrobiologist’s dream,” as Gizmodo previously reported. Bennu is a relic of the solar…
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Genesis Joins the Crypto Lender Graveyard With Chapter 11 Bankruptcy Filing
Genesis, one of the largest crypto lending firms in the space finally filed for Chapter 11 bankruptcy on Friday. Though Genesis managed to cling on to life for months longer than some of its largest competitors, recent market shake-ups and festering fallout from FTX’s collapse flung it over the edge. Now, the firm will join…
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Coinbase Lays Off 20% of Staff, Warns of ‘Further Contagion’ in Crypto
Coinbase announced on Tuesday that it would lay off 20% of its employees — 950 people out of an estimated 4,700 — in an effort to significantly reduce its operating expenses. It’s the company’s second large round of layoffs in less than a year. In June, Coinbase laid off 1,100 employees.
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Genesis Is Bringing Real Competition to the EV Market, Here’s What Australians Can Expect
Genesis has officially launched its electronic range in Australia this month, shaking up the Australian EV market.