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SEC accuses Crowd Machine creator of scam

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Last week, the SEC filed a lawsuit against Craig Sproule, the CEO of cryptocurrency startup Crowd Machine. Sproule is accused of defrauding millions of investors. He reportedly raised funds worth $40.7 million through his companies. The goal of the project was to develop a new technology that allowed software to run on a decentralized network.

Funds worth $5.8 million were diverted to finance gold mining in southern Africa. The tokens acquired by investors then became worthless. The SEC’s complaint also relates to the failure of Crowd Machine and Sproule to register the tokens with the commission responsible for them.

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Craig Sproule, Crowd Machine and fundraising

Initial Coin Offerings (ICOs) or first token issues are comparable to IPOs. The difference remains in the fact that in stock market, investors acquire equity shares and in ICO, they obtain digital tokens. The ICO can also be interpreted as fundraising. Following a fundraiser, the tokens acquired are exchangeable for cryptocurrency.

Craig Sproule therefore obtained more than 33 million dollars thanks to an ICO which aimed to finance the creation of a decentralized platform, the Crowd Machine. The Australian said the tokens obtained could be resold for between $10 and $600 each. But this statement was false. Their system is actually installed on centralized servers.

The scam initiated by Craig Sproule

The fundraiser was not registered with the SEC and the investors were not made official as the law would have required. In addition, Crowd Machine paid 5.8 million to gold mines in South Africa. The company ran into problems in the months following the lift. Officials said they were victims of a hack. Following this incident, the prices of the tokens fell, and were sold for a value ranging from 0.03 to 0.22 dollars.

Two individuals were subsequently apprehended. After the complaint, Sproule accepted the clauses which were established by the SEC. The clause did not stipulate that the person in charge had to admit his wrongdoing. However, it will no longer have the ability to grant cryptocurrency securities or assets. Sproule must also pay a fine of $195,000.

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“This new MediaTek chip is just amazing.” Dimensity 9000 compared with Snapdragon 8 Gen 1

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After MediaTek introduced its top SoC Dimensity 9000, and Qualcomm released its Snapdragon 8 Gen 1, the first comparisons of these two platforms appeared on the Web, and they indicated that MediaTek did a better job. And now there is confirmation of this data, and for the first time we have the opportunity to look at what an engineering sample of a smartphone looks like on the Dimensity 9000.

A box with a back cover and a screen with huge frames – this is exactly what an engineering sample of a Dimensity 9000 smartphone looks like. And most importantly, it does not have a cooling system. So the results should be evaluated taking into account the fact that serial smartphones on Dimensity 9000 will have much less problems with throttling.

But first, a visual assessment of the CPU architecture of both platforms. From a visual comparison, it follows that the average cores in the MediaTek SoC operate at a higher clock frequency, and the Taiwanese company’s platform also has more cache memory, and this is an important point. Both SoCs are manufactured on a 4nm process, but the manufacturers are different: MediaTek has TSMC, while Qualcomm has Samsung. The author of the video points out that TSMC is probably doing a better job with their work. In other words, four nanometers are different from four nanometers.

The CPU Dimensity 9000 delivers great performance, especially in the multi-threaded test. At the same time, the energy consumption of this platform is less. In terms of GPUs, the advantage is on Qualcomm’s side – Adreno 730 is indeed faster, but, firstly, not so much, and, secondly, in terms of the watt of energy expended, the performance of the Mali-G710 MC10 GPU is higher.

In Genshin Impact, the Snapdragon 8 Gen 1 shows its dominance with the Adreno 730, but the Dimensity 9000 is still power efficient. A good example here is the frame rate at the Snapdragon 888 level with the Adreno 660 GPU, and the energy consumption is even less.

In general, MediaTek has a really very interesting platform, and we can’t wait to see production devices that will clearly demonstrate performance above the engineering standard. But here the browser points out one very important point: in the case of smartphones based on SoC MediaTek, everything very much depends on how thoroughly the manufacturer of the finished device approaches software optimization for the platform. It is precisely because some devices based on MediaTek SoCs are poorly optimized (or not optimized at all) that they are not able to reveal the full potential of the hardware platform.

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Instagram allows remixes of all videos

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The team behind the popular Instagram network, part of Meta (formerly Facebook), announced the launch of the Remix feature for all video formats.

Instagram allows remixes of all videos

Starting today, users will be able to remix all kinds of Instagram video content, not just Reels short videos.

As with Remix for Reels, users get access to a variety of creative tools for remixing other videos, including “collaborations”, voice-overs, effects, and audio tools. The only limitation is that videos posted to Instagram prior to this update will not be able to use the Remix feature.

How to use Remix:

  • Select a public Instagram video
  • Click on the menu (three dots) in the top right corner
  • Select “Make Remix”
  • Record your answer or upload it from the gallery

The Instagram video remix will be visible wherever the user shares Reels. The developers also allowed users to highlight the topic, date and time of the scheduled live broadcast in their profiles. The function will make it easier to view and subscribe to reminders of upcoming broadcasts.

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Motorola could become the first manufacturer to use the new series of Snapdragon SoCs

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Motorola is resolutely determined to conquer the premium smartphone market. According to the latest news, it is very likely that the brand will be the first phone manufacturer to benefit from the new generation of Snapdragon processors from Qualcomm.

In recent years, Motorola seemed to have put aside the production of high-end smartphones. Nothing predicted his current breakthrough. The epic began in December 2021, with the release of the Motorola Edge X30 equipped with the latest and greatest chip from Qualcomm: the Snapdragon 8 Gen 1.

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Recent revelations today confirm the brand’s ambition to revolutionize the world of smartphones. The next Motorola could feature the next generation of Qualcomm processors.

The Motorola Frontier, the first smartphone with the Snapdragon 8 chip?

Information has been published by a well-known leaker, Digital Chat Station, and quickly became the buzz on the Chinese microblogging site Weibo. According to the tipster, the Motorola Frontier could be the first device to inherit Qualcomm’s latest mobile processor innovation: the SM8475. In addition to this new Snapdragon 8 series processor, another tantalizing feature integrates the smartphone’s spec sheet. At least, according to rumors. This is a 200-megapixel main camera to delight mobile photography aficionados. Added to this would be an ultra-wide sensor of 50 megapixels and a telephoto lens of 12 megapixels. For selfies, the Motorola Frontier will offer a 60-megapixel front camera.

A little topo on the new Snapdragon 8 chipset

The preparation of the SoC SM8475 is not without hazards. Initially, Qualcomm worked with Samsung to support it in manufacturing chips for the first generation of Snapdragon 8 processors. Yields proved insufficient, leading the company to move on to another collaborator. This is where TSMC came into the picture. The brand will thus put its famous 4nm process at the service of the Snapdragon 8 Gen 2 SoC. The performance of the SM8475 SoC will be slightly higher than that of its predecessor.

According to Digital Chat Station, it will take a few more months for Qualcomm to begin mass production of the SM8475 chip. Rollout is estimated in Q3 2022. At this point, it’s unclear which other phone makers besides Motorola will get the new processor first. For now, the Motorola Frontier is at the heart of expectations. Its release is scheduled for the second half of 2022. So you have plenty of time to save money if you plan to acquire this premium smartphone.

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