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Cake day: June 14th, 2023

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  • UnderpantsWeevil@lemmy.worldtoMemes@lemmy.ml@Memes@lemmy.ml
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    2 days ago

    It’s awesome when some students go from C’s to A’s based on my feedback.

    If you can get a really positive feedback loop going, where the student trusts the teacher and you can harmonize, that’s awesome. I’ve been in classes like that. I’ve also been in classes where the RA didn’t speak English and I had to argue trivial subjects straight from the textbook that got graded wrong.

    There’s real quality education and there’s diploma mills and weed out classes, and you can find them two doors down from one another on some campuses.




  • Saavik: On the test, sir. Will you tell me what you did? I would really like to know.

    McCoy: Lieutenant, you are looking at the only Starfleet cadet who ever beat the no-win scenario.

    Saavik: How?

    Kirk: I reprogrammed the simulation so it was possible to rescue the ship.

    Saavik: What?

    David Marcus: He cheated.

    Kirk: I changed the conditions of the test. I got a commendation for original thinking. I don’t like to lose.

    Saavik: Then you never faced that situation. Faced death.

    Kirk: I don’t believe in the no-win scenario.



  • there’s no bank that can go under and you always own your money

    https://buybitcoinworldwide.com/bankruptcies/

    The crypto industry has seen some large bankruptcies. We’ve made a list here and documented all the numbers.

    850,000 BTC Chapter 15

    Mt. Gox, a Tokyo-based cryptocurrency exchange operating from 2010-2014, handled over 70% of Bitcoin transactions. In 2014, after a major hack compromising between 650,000 to 850,000 Bitcoins, it declared bankruptcy. A lengthy legal battle concluded in 2021 with a rehabilitation plan for creditors.

    FTX $9 Billion USD Chapter 11

    The bankrupt FTX crypto exchange recovered $7.3 billion in assets, a rise of $800 million since January. FTX is considering its future and a possible reboot after issues under ex-founder Sam Bankman-Fried, who faces fraud charges.

    Three Arrows Capital $3.5B Chapter 15

    Liquidators for the bankrupt crypto hedge fund Three Arrows Capital claim its founders, Kyle Davies, and Su Zhu, are not cooperating with asset recovery. Davies argues that FTX and Alameda Research caused their downfall. Despite challenges, liquidators have recovered some assets, including $35 million and multiple cryptocurrency tokens. Three Arrows filed for bankruptcy following the collapse of cryptocurrencies Luna and TerraUSD in 2022.

    Genesis $3.4B Chapter 11

    Genesis Global Capital, a crypto lending unit of venture capital firm Digital Currency Group (DCG), filed for U.S. bankruptcy while owing $3.4 billion. Genesis plans to sell assets to repay creditors. Its parent, Genesis Global Holdco, and Genesis Asia Pacific also filed for bankruptcy. The largest creditor, crypto exchange Gemini, claims $765.9 million.

    BlockFi $1.3B+ Chapter 11

    BlockFi filed for Chapter 11 bankruptcy after FTX’s collapse. With liabilities and assets between $1-$10 billion, it owed FTX US $275 million. BlockFi previously faced liquidity issues due to Three Arrows Capital’s implosion and significant exposure to FTX.

    Core Scientific $1.4B Chapter 11

    Core Scientific, post-bankruptcy, is expanding with 900 additional Bitcoin mining machines through LM Funding. By the end of April, LM’s total machines will reach 3,900. Despite the bankruptcy, Core continued operations and recently proposed a new president.

    Voyager Digital $1.3B Chapter 11

    Bankrupt crypto lender Voyager Digital will return 35% of cryptocurrency deposits to customers after Binance.US’s failed buyout. U.S. Bankruptcy Judge approved Voyager’s $1.33 billion liquidation plan. Withdrawals may start by June 1. Future distributions depend on litigation outcomes.

    Celsius 1.2 billion USD Chapter 11

    Bankrupt crypto lender, Celsius Network, has selected Fahrenheit’s proposal to manage a new entity owned by its creditors, leading Celsius out of bankruptcy. Fahrenheit will establish and operate the new company (NewCo). Celsius previously filed for Chapter 11 protection after industry growth during 2020.

    Cryptopia $16 million USD Chapter 15

    Cryptopia, a New Zealand crypto exchange, announced the third phase of its reimbursement plan following a 2019 hack costing users over $15 million. Verified customers will soon receive their outstanding balances. Meanwhile, FTX faces bankruptcy challenges.

    Compute North $400 million USD Chapter 11

    Compute North’s reorganization plan, settling $250 million in secured debt, was approved by a federal judge. The North American crypto mining company reached terms with 11 firms, including Marathon Digital Holdings, after filing for bankruptcy.

    Bittrex Global $500M - $1B Chapter 11

    Bittrex filed for Chapter 11 bankruptcy a month after ceasing U.S. operations. This follows a $53 million fine by the U.S. Treasury and a lawsuit from the SEC. Despite struggles in the U.S., Bittrex’s international operations remain unaffected.

    Blockchain Global $15B Voluntary administration

    Blockchain Global (BGL), the parent company of the defunct Australian crypto exchange ACX, owes $15 million after collapsing. The Victoria Supreme Court froze 117.33 Bitcoin linked to BGL and ACX Tech. BGL later entered voluntary administration. Former director Sam Lee distanced himself from BGL’s operations. ACX’s sudden shutdown in 2020 left many investors out of pocket.

    Babel Finance $800M Restructuring

    Hong Kong-based Babel Finance plans to launch a decentralized stablecoin, Babel Recovery Coins, to repay creditors. The DeFi project features stablecoin HOPE and Light Token, backed initially by Bitcoin and Ethereum. Babel faced significant losses after the Terra ecosystem meltdown.

    Hodlnaut $267M Judicial management

    Singapore-based crypto lender Hodlnaut seeks potential buyers after creditors rejected a restructuring plan, pushing for liquidation. Hodlnaut owes $160 million, with most assets on bankrupt exchange FTX. Hodlnaut faced challenges, and reduced workforce amid investigations.

    Zipmex $53M Debt Relief

    Crypto exchange Zipmex seeks a two-month moratorium extension in Singapore due to an investor, V Ventures, missing a $1.25 million payment for a takeover. This delays customer withdrawals following Zipmex’s bankruptcy after Terra’s collapse.


  • UnderpantsWeevil@lemmy.worldtoMemes@lemmy.ml@Memes@lemmy.ml
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    2 days ago

    I mean, on the one hand, giving some freemium AI the job of doing the work you paid tens of thousands of dollars to have the privilege of practicing seems like a giant waste on a variety of fronts.

    But on the other, a lot of this is busy work anyway and only really intended to sift out students through attrition. So I don’t feel that bad when I hear a class with 200 students all getting told to churn out 40 pages of homework over the weekend so that some RAs can feed the homework back through a different AI to handle the grading for them.



  • The problem with these systems is that the more they are bureaucratized and legalized, the more publishing houses and attorney’s offices will ultimately dictate the flow of lending and revenue. Ideally, copywrite is as straighforward as submitting a copy of your book to the Library of Congress and getting a big “Don’t plagiarize this” stamp on it, such that works can’t be lifted straight from one author by another. But because there’s all sorts of shades of gray - were Dan Brown and JK Rowling ripping off the core conceits of their works, or were religious murder thrillers and YA wizard high school books simply done to death by the time they went mainstream? - a lot of what constitutes plagarism really boils down to whether or not you can afford extensive litigation.

    And that’s before you get into the industrialization of ghostwriters that end up supporting “prolific” writers like Danielle Steele or Brian Sanderson or R.L. Stein. There’s no real legal protection for staff writers, editors, and the like. The closest we’ve got is the WGA, and that’s more exclusive to Hollywood.