Gaming

The Ukrainian PS4 Farm Was Actually Grinding 'FIFA' Ultimate Team Accounts

2 monthes ago   |   By Hypebeast

Last week, Ukrainian authorities busted a massive illegal Sony PlayStation 4 farm for what they believed was a crypto mining operation. As it turns out, the warehouse was actually grinding for FIFA Ultimate Team coins and cards. According to the Ukrainian business journal Delo , which undertook an investigation itself following skepticism from initial findings by the authorities, the 3,800 PS4s discovered weren't actually being used to mine cryptocurrency, which makes sense given how their hardware and graphics cards aren't ideal. It also pointed out that in many photos you can see game...
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Les Wexner sells L Brand shares

Les Wexner sells L Brand shares

2 monthes ago   |   By Fashion United

Les Wexner, the man who made his billions off of Victoria's Secret, is selling 745 million dollars worth of shares in parent company L Brands Inc. This brings his stock sales from L Brands to 1.2 billion dollars for the year so far.
The stocks are being sold off through a secondary offering managed by JPMorgan Chase & Co. as reported by Bloomberg. The sale is expected to close next Monday, July 19.
Wexner stepped down from L Brand's board this past May, following his retirement as CEO of the company last year. L Brands shares have soared 700 percent after hitting a five-year low in early...
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Malaysian Authorities Steamroll More Than 1,000 Crypto Mining PCs Worth $1.26 Million USD

2 monthes ago   |   By Hypebeast

Malaysian authorities have just crushed $1.26 million USD's worth of cryptocurrency mining PCs with a steamroller. In the Malaysian city of Sarawak, authorities seized 1,069 crypto mining rigs over the course of six raids taken place between February and April this year. The computers were confiscated as part of a crackdown following allegations from Sarawak Energy Berhad, the region's electric utility company, that these operations had stolen roughly $2 million USD in bill payments from the company. Since mining cryptocurrency requires a huge amount of energy, many miners often tap into...
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