Cryptowned… Customers of bankrupt crypto lender Celsius got more bad news: a judge ruled that the $4.2B in crypto they'd deposited into 600K interest-bearing accounts belongs to Celsius. Now those customers will be last in line to get repaid. The biz's terms of service, updated eight times, sealed the deal (lesson: read the TOS). The ruling could set the tone for customer compensation in other crypto-related bankruptcies (think: FTX, BlockFi). Meanwhile, the New York attorney general accused Celsius' founder of fraud.
From phone screens to flat screens… stream-ification is coming for TV. Dongle icon Roku said it’s launching its own “streaming-first” TV sets. It’s good timing: in July streamers got more TV view time than cable networks for the first time as cord-cutting continued — and 87% of US households had a streaming sub last year. While televisions aren’t likely to go the way of cable, they could play a key role in a future where consumers toggle between services like Netflix and Disney+, changing streamers instead of channels.