Terraform Labs, the company that wiped out $40 billion from the crypto market with the collapse of its TerraUSD and Luna stablecoins, has finally filed for Chapter 11 bankruptcy protection on Sunday. Bloomberg reports that the crypto firm's estimated assets and liabilities are both in the range of $100 million to $500 million, with the estimated number of creditors being somewhere between 100 and 199. Co-founder and former CEO Do Kwon is listed as the majority shareholder at 92 percent, with an address registered in Singapore — where the company is incorporated.

Following the arrest of Kwon and his associate in Montenegro for traveling with forged passports last March, Kwon is currently still in jail until his extradition to the US — likely by mid-March, according to Bloomberg — where he will face securities fraud charges. The entrepreneur is also wanted in his home country, South Korea, for similar charges, which reportedly led to him, his family and some key Terraform Labs personnel fleeing to Singapore between April and May 2022. Shortly before Interpol placed him on the "red notice" list in September that year, Kwon denied that he was "on the run," but the eventual discovery of his fake passports would suggest otherwise.

Kwon will likely join the fate of other big names in the crypto downfall, namely Sam Bankman-Fried of FTX fame and former Celsius Network chief Alex Mashinsky. Meanwhile, Coinbase continues its battle against the SEC's accusation of it illegally running an unregistered national securities exchange, broker and clearing agency. Bloomberg analyst Elliott Stein recently shared that Coinbase may likely win full dismissal as soon as this quarter, if not by the end of Q2.

OpenAI has suspended the developer behind Dean.Bot, a ChatGPT-powered bot designed to impersonate Democratic presidential candidate Dean Phillips to help bolster his campaign, according to The Washington Post. The chatbot was created by AI startup Delphi for the super PAC We Deserve Better, which supports Phillips.

Dean.Bot didn’t all-out pretend to be Phillips himself; before engaging with Dean.Bot, website visitors would be shown a disclaimer describing the nature of the chatbot. Still, this type of use goes directly against OpenAI’s policies. A spokesperson for the company confirmed the developer's suspension in a statement to the Post. It comes just weeks after OpenAI published a lengthy blog post about the measures it’s taking to prevent the misuse of its technology ahead of the 2024 elections, specifically citing “chatbots impersonating candidates” as an example of what’s not allowed. 

Dean.Bot

OpenAI also said in its blog post that it does not “allow people to build applications for political campaigning and lobbying.” Per an earlier story by The Washington Post, the intent of Dean.Bot was to engage with potential supporters and spread the candidate’s message. Following the Post’s inquiry, Delphi initially removed ChatGPT from the bot and kept it running with other, open-source tools before ultimately taking it town altogether on Friday night once OpenAI stepped in. 

If you visit the site now, you’ll still be greeted by the disclaimer — but the chatbot itself is down due to “technical difficulties,” presenting visitors with the message, “Apologies, DeanBot is away campaigning right now!” Engadget has reached out to OpenAI for comment. 

Amazon upgraded its Echo Show 8 display late last year to give it a sleeker design and faster Alexa responses, and you can get it right now at the lowest price we've seen it hit. The third-gen, 2023 Echo Show 8 is 40 percent off on Amazon, bringing it down to just $90. It normally costs $150. The display comes in two colors, Charcoal and Glacier White, and the discount applies to both.

The 2023 Echo Show 8 brought upgrades inside and out to the smart home gadget. It has spatial audio with room calibration that should make for much fuller sound than the previous models were able to achieve. The improvements carry over to video calling, which benefits from crisper audio and a 13-megapixel camera.

Amazon debuted its new Adaptive Content feature alongside the 2023 Echo Show 8, which changes what’s shown on the screen based on where you are in the room. If you’re standing far away, it’ll display easily digestible information in large font, like the weather or news headlines. As you get closer, it’ll switch to a more detailed view. It can also show personalized content for anyone enrolled in visual ID, surfacing your favorite playlists and other content.

The Echo Show 8 also boasts 40 percent faster response times for Alexa thanks to its upgraded processor. For privacy-conscious buyers, it has a physical camera shutter that’s controlled with a slider on the top of the device, so you know for sure that it’s not watching. There’s also a button to turn off the mic and camera.

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After a short period of worrying silence, NASA said on Saturday night that it was able to regain contact with the Ingenuity helicopter. The autonomous aircraft unexpectedly ceased communications with the Perseverance rover, which relays all transmissions between Ingenuity and Earth, on Thursday during its 72nd flight on Mars. It had already been acting up prior to this, having cut its previous flight short for an unknown reason, and NASA intended to do a systems check during the latest ascent.

The space agency said in an update posted on X that it’s now reviewing the data from Ingenuity to understand what happened. Perseverance picked up its signal after the team instructed it to perform “long-duration listening sessions.” Ingenuity has experienced blackouts before, as recently as last year, and was able to return to flight. But it’s too early to say if that will be the case this time. The mini helicopter is already running well past the original timeline of its mission.

NASA is trying to figure out how to reach its Ingenuity Mars helicopter after losing contact with the craft earlier this week. During its 72nd flight — a “quick pop-up” to an altitude of about 40 feet — NASA says Ingenuity stopped communicating with the Perseverance rover before it was meant to. It went quiet on Thursday, and as of Friday evening, NASA still hadn’t heard from it.

Ingenuity sends its data to Perseverance, which then passes it on to Earth. According to NASA, the small helicopter completed the ascent as planned, but ceased communications while on its way back down. “The Ingenuity team is analyzing available data and considering next steps to reestablish communications with the helicopter,” NASA said in a status update on Friday. Ingenuity had previously ended a flight earlier than it was supposed to, and Thursday’s jaunt was meant to “check out the helicopter’s systems.”

Ingenuity has been on the red planet since 2021, when it arrived with the Perseverance rover. And it’s far exceeded its mission goals. NASA originally hoped the experimental helicopter would be able to complete a handful of flights; it went on to fly more than 20 times within its first year in operation. The space agency officially extended its mission in 2022, and it’s since executed dozens more more successful flights. Ingenuity is the first aircraft to take flight from the surface of Mars.

Who doesn’t love showing off their collection of cool rocks? NASA was finally able to get into the asteroid Bennu sample container last week after struggling with it for a couple of months, and now, it’s sharing a look at what’s inside. The space agency published a high-resolution image of the newly opened Touch-and-Go-Sample Acquisition Mechanism (TAGSAM) on Friday, revealing all the dust and rocks OSIRIS-REx scraped off the asteroid’s surface.

The image is massive, so you can zoom in to see even the finer details of the sample. Check out the full-sized version on NASA’s website. There’s an abundance of material for scientists to work with, and as OSIRIS-REx team member Lindsay Keller said back in September, they plan to make the most of microanalytical techniques to “really tear it apart, almost down to the atomic scale.” Asteroid Bennu, estimated to be about 4.5 billion years old, may hold clues into the formation of our solar system and how the building blocks of life first came to Earth.

Scientists have already discovered signs of carbon and water in the excess material they found on the outside of the TAGSAM. While they’d hoped to get at least 2.1 ounces (60 grams) of regolith from the asteroid, OSIRIS-REx was able to grab much more. The team obtained 2.48 ounces (70.3 grams) just from the “bonus” material accumulated on the sample hardware. NASA plans to spend the next two years analyzing portions of the sample, but the majority of it will be preserved for future studies and to be shared with other scientists.

Welcome back to your Saturday morning tech injectable. This week's TMA focuses on two big tech launches. First of all, Samsung started 2024 early with its flagship smartphone series, announcing three S24 models set to go on sale at the end of the month. This time around, sure, they look like last year's phones again, but that's offset with a barrage of AI tricks and features that you can't find on any other smartphone. And isn't that the point of getting a new phone?

We've also got more in-depth impressions of Apple's first foray into VR/AR/XR as the Vision Pro ($3,500) goes on preorder, ahead of launch later this month. You've got big pockets right? This is the company’s first new product since 2014’s Apple Watch and our most recent impressions suggest the Vision Pro is a fluid, intelligent headset experience beyond the VR headsets we’ve seen so far. Two Engadget editors strapped on the Vision Pro for some more extensive demos, including immersive video and attempted to type in thin air on the Vision Pro’s floating keyboard. 

This week:

🥽🍎 Apple Vision Pro hands-on, redux

🕹️R🕹️R Take-Two’s lawyers think Remedy’s new R logo is too similar to Rockstar’s R logo

📱📲 Samsung Galaxy S24 Ultra hands-on:  

Read this:

Sheryl Sandberg is leaving Meta's board of directors, and the company continues to sail toward the Metaverse while the rest of us wonder if that's even a destination that exists. The company is also shaking up its AI teams. The company has two teams pursuing AI research, but now Mark Zuckerberg is bringing them closer together. What will that lead to? Karissa Bell explains it all. 

If you're going to purchase the Apple Vision Pro, you may want to get a case for it, as well. Based on the company's repair and service page for the device as first noticed by AppleInsider, getting it repaired can be very costly, even when you have AppleCare+. If the headset's cover glass cracks, it'll set you back $799 to get it replaced. Other types of damage could cost you up to $2,399, which is only $1,100 less expensive than a brand new base unit. 

The repair prices don't sound as outrageous if you pay for AppleCare+, but they're still not cheap. A damaged cover class or any other type of repair will cost you $299, on top of the extended warranty's $25-a-month fee. While you could get it fixed by a third-party, it could cause you issues if you send it to Apple for another repair in the future, and those services might not have the components you need. Apple has been supportive of the right-to-repair movement lately, though, and has an existing self-repair program for its phones and computers. The company could add the Vision Pro to that program, but it may not happen anytime soon. 

Apple's Vision Pro is now available for pre-order from Apple's US website and all its brick-and-mortar stores across the country. The $3,499 version will give you 256GB of storage space, while the 512GB model will cost you $3,699. Want 1TB of space? That one will set you back $3,899. Take note that its accessories are sold separately, and you'll have to shell out an additional $199 for its travel case. 

A hacking group linked to a Russian intelligence agency accessed the emails of several senior Microsoft executives and other employees, the company disclosed Friday.

Microsoft said it detected the attack on January 12, and has determined that a hacking group known as Midnight Blizzard or Nobelium is responsible. That’s the same group behind the 2020 SolarWinds cyberattack. Microsoft and US cybersecurity officials have said Nobelium is part of Russia’s Foreign Intelligence Service (SVR).

“Beginning in late November 2023, the threat actor used a password spray attack to compromise a legacy non-production test tenant account and gain a foothold, and then used the account’s permissions to access a very small percentage of Microsoft corporate email accounts, including members of our senior leadership team and employees in our cybersecurity, legal, and other functions, and exfiltrated some emails and attached documents,” the company wrote in a blog post.

The company didn’t identify which members of its “senior leadership” were targeted, but said its initial investigation suggests the group was looking for information related to itself. Company officials so far have no evidence that “customer environments, production systems, source code, or AI systems,” were accessed.

Though the company says the attack “was not the result of a vulnerability in Microsoft products or services,” it is taking steps to “immediately” improve the security of “Microsoft-owned legacy systems and internal business processes.” The changes “will likely cause some level of disruption,” it added.

Japan has become the fifth country to successfully land on the moon after confirming today that its SLIM lander survived its descent to the surface — but its mission is likely to be short lived. JAXA, the Japanese space agency, says the spacecraft is having problems with its solar cell and is unable to generate electricity. In its current state, the battery may only have enough juice to keep it running a few more hours.

Based on how the other instruments are functioning, JAXA said in a press conference this afternoon that it’s evident SLIM did make a soft landing. The spacecraft has been able to communicate with Earth and receive commands, but is operating on a low battery. It’s unclear what exactly the issue with the solar cell is beyond the fact that it’s not functioning.

There’s a chance that the panels are just not facing the right direction to be receiving sunlight right now, which would mean it could start charging when the sun changes position. But, JAXA says it needs more time to understand what has happened. LEV-1 and LEV-2, two small rovers that accompanied SLIM to the moon, were able to successfully separate from the lander as planned before it touched down, and so far appear to be in working condition.

JAXA says it’s now focusing on maximizing the operational time it has left with SLIM to get as much data as possible from the landing. SLIM — the Smart Lander for Investigating Moon — has also been called the “Moon Sniper” due to its precision landing technology, which is supposed to put it within 100 meters of its target, the Shioli crater. The agency is planning to hold another press conference next week to share more updates.

Though its time may be running out, SLIM’s landing was still a major feat. Only four other countries have successfully landed on the moon: the US, China, India and Russia. The latest American attempt, the privately led Peregrine Mission One, ended in failure after the spacecraft began leaking propellant shortly after its January 8 launch. It managed to hang on for several more days and even reached lunar distance, but had no chance of a soft landing. Astrobotic, the company behind the lander, confirmed last night that Peregrine made a controlled reentry, burning up in Earth’s atmosphere over the South Pacific.