Cleantech & EV'sNews

Fucare Gemini X is the latest dual motor e-bike with too much - or just enough - power

Depending on who you ask, dual-motor electric bikes are either egregiously overpowered or the perfect ride for those seeking an extra kick in the tush when they rip the throttle. If you’re in that second category, then get ready to drool over the new Fucare Gemini X Sport, which features dual motors and dual batteries. That’s right, you’re not seeing double. That’s a pair of motors and a…
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CryptoNews

Coinbase Legal Chief Criticizes SEC's Vague Position on FTX Plan — Says Investors Deserve 'Way Better'

Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has…
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AI & RoboticsNews

AI is growing faster than companies can secure it, warn industry leaders

At the DataGrail Summit 2024 this week, industry leaders delivered a stark warning about the rapidly advancing risks associated with AI. Dave Zhou, CISO of Instacart, and Jason Clinton, CISO of Anthropic, highlighted the urgent need for robust security measures to keep pace with the exponential growth of AI capabilities during a panel titled “Creating the Discipline to Stress Test AI—Now—for…
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CryptoNews

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. The dollar loan carries a 14.5% interest rate…
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