CryptoNews

Michael Saylor Proposes Rules Letting Banks Lend Against Bitcoin

Michael Saylor wants banks to custody bitcoin and lend against it, giving owners more ways to use their holdings. He also calls for an insurance industry path and a review of the capital rules applied to certain crypto exposures. Key Takeaways Saylor wants banks to hold bitcoin for customers and lend against it. He calls for a practical path for insurers to use digital capital. He wants…
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AI & RoboticsNews

Viral AI agent Instinct raises $1B Series C at a $10B valuation

It’s only been a month since AI assistant startup Instinct announced a fundraise that valued it at $2.5 billion, and now the company has already raised another $1 billion from investors, including Sequoia Capital, Benchmark Capital, and Coatue, valuing the company at $10 billion. The news of the company’s fundraising efforts was reported earlier this month by The Information. In a…
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Cleantech & EV'sNews

Volkswagen's best-seller is going electric in 2027 to replace the ID.4 and ID.5 [Images]

Volkswagen is taking its best-seller electric. The ID. Tiguan will replace the ID.4 and ID.5 as part of Volkswagen’s revamped lineup in 2027. When is Volkswagen launching the ID. Tiguan? With more than 950,000 models sold since they went on sale in 2021, the ID.4 and ID.5 have been among Volkswagen’s best-selling electric vehicles. As part of Volkswagen’s revamped lineup, the ID.4 and ID.5…
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DefenseNews

UK’s Healey puts defense in focus for reindustrialization push

LIVERPOOL, England — British finance minister John Healey will put his support firmly behind firms investing in defense on Monday, part of what he will describe as a new industrialization drive to try to spur the nation’s anaemic economic growth. In his first speech to the governing Labour Party’s annual conference as finance minister, Healey will aim to put flesh on the bones of Prime…
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