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Tesla Competitor Launches Crypto Strategy
Crypto Trends

Tesla Competitor Launches Crypto Strategy

by admin August 19, 2025


  • A 98% plunge
  • Tesla’s Bitcoin holdings  

Faraday Future (NASDAQ: FFAI), a zombie EV company, recently unveiled its own cryptocurrency strategy, joining a broader craze.

The company has announced the C10 Index, which is a basket of cryptocurrencies weighted by market cap. Bitcoin makes up almost half of the index. Ethereum (ETH) has a 24% share.

The company has already purchased $30 million worth of crypto, and it plans to increase this sum to as much as $1 billion.

A 98% plunge

Faraday Future, which was founded back in 2014, emerged as an early Tesla competitor.

In 2016, it introduced its flashy Batman-like FFZERO1 concept car that allegedly showcased its technology.

However, the company has been grappling with production delays as well as limited vehicle deliveries.

In 2021, it received a Wells notice from the U.S. Securities and Exchange Commission (SEC) related to its SPAC merger.

The stock has plunged by roughly 98% from its peak, which is a typical SPAC boom-and-bust story.

Tesla’s Bitcoin holdings  

In the meantime, Tesla remains the 11th largest Bitcoin treasury company with total holdings of 11,509 coins.

The company initially purchased $1.5 billion worth of BTC in February 2012, propelling the cryptocurrency’s bull run.



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August 19, 2025 0 comments
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Rog Xbox Ally handheld
Esports

Xbox’s new handheld UI is a true competitor to SteamOS

by admin June 9, 2025



Microsoft’s new Xbox-first user interface on the ROG Xbox Ally handhelds is exactly what Windows has needed to take on the Steam Deck.

Ever since the release of the Steam Deck, the handheld PC market has continued to grow with Windows devices like the ROG Ally X and Lenovo Legion Go S, but they all suffer from one major problem: Windows 11 on a handheld isn’t exactly easy to navigate with just a joystick.

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Being that you have to go through the regular Windows desktop to access apps like Steam, Epic Game Store, and Xbox, it becomes quite a chore to use any device running the OS, but the new ROG Xbox Ally changes that.

Xbox takes on SteamOS with new software

With the ROG Xbox Ally, Microsoft and Asus have partnered together to create a new software experience that should have been done from the start.

Instead of booting into Windows 11, the new handheld boots you directly into a full-screen version of the Xbox app. You know, the same way SteamOS sends you directly into Steam. Unlike Valve’s operating system, however, the new experience will allow you to access games from other stores as well, combining your entire PC library into one seamless app for the first time

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Xbox

Microsoft told The Verge that there is a “whole bunch” of processes that don’t automatically load when you boot up the Xbox Ally X as well, including the wallpaper, taskbar, and a “bunch of processes that are really designed around productivity scenarios for Windows.”

You’ll still be able to access the regular desktop if you need to, though, but those just looking to quickly play a game should see a massive improvement in performance and overall user experience with the new full-screen Xbox setup.

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The new Xbox-focused operating system isn’t the only way Microsoft is coming for Valve, either, as they’re also working on a program that helps players easily identify which games have been optimized for handhelds. This is similar to SteamOS’ Deck Verified system which lets Steam Deck owners know whether or not a game will run well on their device.

It will only be available on the ROG Xbox Ally at launch, and there are plans to bring it to Asus’ non-Xbox Ally variants soon after. Other Windows-based devices will receive the update sometime in 2026 or later, but we can only hope it comes sooner than that.

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A new experience without as much of the bloat and a better UI is exactly what handhelds have needed since the market began to skyrocket in growth, and we’re happy to see that it’s finally happening.

The new user interface may not put Windows and the ROG Xbox Ally ahead of the Steam Deck in overall popularity, but at least the new Xbox handhelds will finally be as easy to use as Valve’s device.

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June 9, 2025 0 comments
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