To grossly oversimplify the e-bike market in the US, there are two types of electric bikes: those with hand throttles and those without. Traditional higher-end bike shop brands have long eschewed throttle-enable electric bikes, opting instead for pedal assist designs that only provide helping motor power when the rider also pedals. On the other hand, direct-to-consumer (D2C) e-bike companies have…
ZEEKR files for US IPO, shares first exterior images of its 007 sedan ahead of pre-orders
November 10, 2023
Lots of news out of China today, as Geely-owned EV brand ZEEKR has officially put the wheels in motion to go public on the New York Stock Exchange. Additionally, ZEEKR is also offering the public the best look at its first ever sedan – the 007 – following exterior images…
We just got our closest look yet at Honda’s latest electric scooter, the Honda SC e:, at the 2023 EICMA Milan Motorcycle Show. There, the company showed off the new design and confirmed it will be heading for mass production.
Don’t get too excited about riding one…
House Approves Amendment to Limit SEC's Crypto Enforcement Authority – Regulation Bitcoin News
November 10, 2023
The U.S. House of Representatives has approved an amendment to the Financial Services and General Government Appropriations Act that limits the authority of the U.S. Securities and Exchange Commission (SEC) to carry out enforcement actions against the crypto industry. “Gary Gensler is as ineffective as he is incompetent,” said Congressman Tom Emmer. “Congress will hold unelected bureaucrats…
Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets – Finance Bitcoin News
November 10, 2023
Ripple has expanded its payments network to more than 70 crypto and traditional payout markets. “Accumulatively this adds up to 90% of the global foreign exchange market,” the company explained, highlighting that the Ripple network has facilitated over $30 billion in…
SEC Chair Gensler: Anybody Wanting to Be in Crypto Must 'Do It Within the Law' – Regulation Bitcoin News
November 10, 2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that anyone wanting to be in crypto must “do it within the law.” He advised crypto trading platforms to “Build the trust of investors” in what they are doing, cautioning that they must…
Circle Revamps Stablecoins USDC, EURC With Upgrade Focused on Gas and Security – Altcoins Bitcoin News
November 10, 2023
Circle has announced a new v2.2 upgrade for its usd coin and euro coin digital stablecoins. The changes aim to significantly reduce gas costs, enable new use cases, and bolster security.
Circle Unveils 2.2 Upgrade for Stablecoin Suite
Circle unveiled the latest upgrade in a blog post on Thursday, touting six key changes coming to the usd coin (USDC) and euro coin (EURC) smart contracts. The…
Cruise robotaxis in crisis: layoffs, recall, and algorithm found to have blind spot for kids
November 10, 2023
The news has been epically bad for Cruise robotaxis these past few weeks. GM’s driverless car subsidiary has announced a round of layoffs this week, with the CEO Kyle Vogt reportedly telling employees in an all-hands meeting. Plus investigations have dredged up some…
A Tesla Cybertruck was spotted climbing stairs off-road, and it gave us our best look at the electric pickup truck’s ground clearance.
We are just a few weeks away from the start of Cybertruck deliveries, but there’s still a lot we don’t know about the truck.
Earlier…
Rad Power Bikes, a leading US-based electric bicycle retailer, has just announced that it is closing its New York City retail store.
The company didn’t give an exact date for the closure but confirmed yesterday that the Brooklyn-based Rad store would be sunsetted.
The retail location has operated for over a year and was part of Rad’s expansion into brick-and-mortar stores. That strategy…
