Welcome to the tech meme right home for Tuesday, July 5th, 2022. I'm Brian McCullough today.

The crypto crash goes ever onward.

Clarna is going on a reality TV show called,

Now that's what I call a haircut.

The hackers have come for the Chinese surveillance state.

The World Cup is going to have robots call off sides,

and Steve Jobs is getting the Presidential Medal of Freedom.

Here's what you miss today in the world of tech.

Well now, what did I miss? Okay let me see how quickly we can run through this.

While I was gone, three arrows Capital filed officially for Chapter 15 bankruptcy, protecting

its U.S. assets from creditors while a Virgin Islands court carries out a liquidation.

Voyager Digital, temporarily suspended trading deposits and withdrawals, citing market conditions

after issuing a default notice to Three Arrows Capital in June on a $650 million loan, Block Fye said it agreed to an option to be acquired by

FTX for up to $240 million.

The deal also includes a $400 dollar revolving credit facility from FTX.

So again, Sam Bankman-free doing the J.P. Morgan thing.

Now that $240 million is down from the $4.8 billion dollars that Block Phi was valued at in, I don't know, six months ago.

And the original rumor was that it was going to be sold for a mere 25 million dollars.

So better than that, I guess. What about this morning? Well

crypto lender and exchange vault has paused withdrawals trading and

deposits and says it's exploring a restructuring after users withdrew

197.7 million dollars plus since June 12th.

...