CryptoNews

Blackrock's Head of Crypto Sees Bitcoin as 'Risk Off' Asset Despite Stock Correlation

September 25, 2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of its spot bitcoin…
Read more
CryptoNews

Congressman Blasts SEC Chair Over Crypto Regulation Failures

September 25, 2024
Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your attorneys lied to the court, and…
AI & RoboticsNews

OpenAI CEO Sam Altman anticipates superintelligence soon, defends AI in rare personal blog post

September 25, 2024
OpenAI CEO Sam Altman penned a rare note on his website today spelling out more of his vision of the AI-powered future, or as he calls it (and his blog post is titled): “The Intelligence Age.“ Specifically, Sam Altman argues that “deep learning works,” and can generalize across a range of domains and difficult problem sets based on its training data, allowing people to “solve hard…
Read more
Cleantech & EV'sNews

Volkswagen Polo production ends in Europe to prep for smaller, more affordable EVs

September 24, 2024
After 40 years, Volkswagen is no longer building Polo models in Europe. VW has ended Polo production in Europe as it shifts focus to smaller, more affordable EVs. VW Polo production ends in Europe after 40 years Volkswagen has been building Polo models in Pamplona, Spain, since 1984. Over 8.4 million Polos have been built at the Pamplona plant as one of Europe’s top-selling cars. According to…
Read more
DefenseNews

How the Navy’s top officer will prep the service for war with China

September 24, 2024
A fighter jet maneuvers on the deck of the aircraft carrier Dwight D. Eisenhower in the Red Sea on June 11, 2024. (AP Photo/Bernat Armangue). WASHINGTON — The Navy is taking lessons from its combat in the Red Sea over the past year and what Ukraine has done to hold off the Russians in the Black Sea to help U.S. military leaders prepare the service for a potential future conflict with…
Read more