When I studied at TCD there was a word quite used among my research group: losertech. From Urban Dictionary:

Losertech is something that is entirely worthless, be it a company, a concept, a theme... anything really. Can be liberally applied when denigrating a person's work, hopes, faith, ambitions, etc.

During all these years I've had the "pleasure" of working with several technologies that definitely fit the description. Here is a list of them in no particular order:

• PHP
• MySQL < 5.6
• Wordpress
• Drupal
• Sencha
• TurboGears
• HipChat
• Microsoft Teams
• Confluence
• SAML
• SOAP
• XML
• XML-RPC
• XSL-Whatever
• Bluetooth IoT
• Couchbase
• JavaFX
• JSP
• Tuya
• AWS Cognito
• AWS Amplify
• Boeing after the 777
• Captcha
• Chromecast (hardware)
• Rate this app requests
• Cookie notice
• Virtual land
• Managed retool
• systemd
• SDD: Sales Driven Development
• NetSuite

And countless others... I will add them as I remember.

The spectacular implosion of the FTX group this week was most likely the worst week for the crypto industry since its inception. Watching its meltdown live on Twitter (while Twitter itself is going through troubles of its own!) was both entertaining and stomach-churning at the same time. Unfortunately this blow is going to have a ripple effect in the industry and a few more players will go down.