Panasonic said it will produce a new and improved version of the 2170 cells used in Tesla Model 3 and Model Y at the plant in Nevada that it operates with Tesla “sometime during 2024 or 2025,” according to a new report in Bloomberg. The new cells, which pack a lot more energy density, could help reduce EV prices, the company states.
Panasonic CTO Shoichiro Watanabe told Bloomberg in an…
No, e-bike fires are not a 'leading cause of death' in NYC
January 16, 2024
It’s a new year, and yet we’re facing the same old problem as last year: electric bike fear-mongering from irresponsible journalists painting an overblown risk of e-bike fires.
This time, we’ve got a doozie of a headline from Men’s Journal: “E-bike Batteries: A…
South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
January 16, 2024
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on…
Apple and Google Remove Several Major Crypto Exchanges From App Stores in India Following Regulatory Crackdown
January 16, 2024
Apple and Google have removed several major crypto exchanges from their app stores in India after the Indian Financial Intelligence Unit flagged nine crypto service providers as operating illegally in the country. Various telecom networks and internet service providers in India are also blocking the websites of affected crypto exchanges.
India Continues Crackdown on Uncompliant Crypto…
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days.
Reports Suggest That Binance is Reviewing the Status of Privacy Coins on Its Platform
January 16, 2024
Recent reports from members of the Zcash community indicate that Binance, the largest cryptocurrency exchange, would be preparing to review all privacy coins listed on its platform and possibly delist some. The exchange has been in talks with project representatives since…
Circle Completes USDC Upgrade to Version 2.2
January 16, 2024
Circle, the stablecoin company, has completed the upgrade of its USDC stablecoin to the 2.2 version. The update brings a slew of changes, including gas efficiency improvements, support for account abstraction and smart contract wallets, and enhancements in the resiliency of the currency when dealing with forks.
Circle Finishes Rollout of USDC 2.2 Improvements
Circle is improving its USDC…
IMF Chief Sees Crypto as Asset Class — Says Bitcoin Won't Dethrone US Dollar as Dominant Currency
January 16, 2024
International Monetary Fund (IMF) chief Kristalina Georgieva sees crypto as an asset class, not money. She dismissed concerns of bitcoin potentially displacing the U.S. dollar as the world’s dominant currency, citing the size of the U.S. economy and the depth and…
VentureBeat’s AI Impact Tour launches with focus on bleeding edge of generative AI and governance
January 15, 2024
VentureBeat launched our AI Impact Tour this week with an event in San Francisco, which included talks about the swift adoption of generative AI in the banking industry, and the cutting-edge areas around governance of the technology.
Our AI Impact Tour is a series of events…
After AI’s summer: What’s next for artificial intelligence?
January 15, 2024
By any measure, 2023 was an amazing year for AI. Large language Models (LLMs) and their chatbot applications stole the show, but there were advances across a broad swath of uses. These include image, video and voice generation.
The combination of these digital technologies have led to new use cases and business models, even to the point where digital humans are becoming commonplace, replacing…
