On Thursday, the financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through Circle.
Circle Provides BUIDL Off-Ramp
This week, Circle announced it is providing a redemption pathway for BUIDL holders through USDC. BUIDL, short for…
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to…
NATIONAL HARBOR, Md. — The U.S. Navy is using its effort to strengthen the weapons-industrial base as something of a test run for larger spending in the shipbuilding and submarine sectors, a top acquisition official said.
All three areas face similar challenges, such as…
The Army has ordered an aviation “safety stand up,” with additional aviation training across the force following a dozen mishaps that have resulted in 10 fatalities in only the first six months of the fiscal year.
By comparison, the Army had 10 mishaps and 14 fatalities for all fiscal 2023. The current number of mishaps is equal to or higher than the total annual mishaps reported each year…
The U.S. Air Force has awarded a contract for an airfield on Tinian, a Pacific island military leaders consider crucial to their plans in the region.
Fluor, an engineering and construction company based in Irving, Texas, will receive about $409 million to finish the project…
A teardown of the Tesla Cybertruck showed that the battery pack is somehow half empty, which the chief engineer confirmed, and we are quite confused about it.
At 123 kWh, the Cybertruck has the smallest battery pack of any electric pickup based on energy capacity.
Tesla has…
Geely released images today of the Kart Edition of its Panda Mini EV – and this one is definitely for China’s trendy kids.
The newest and third member of Geely’s popular and boxy Panda family, after Panda Mini and Panda Knight that launched in China last year, is the four-seater Kart, and it has a sporty top tail wing that looks like, well, a go-kart. It’s certainly small, at 3150 x 1540…
Ride1Up, a San Diego-based electric bicycle maker known for an increasingly broad range of affordably-priced electric bikes, is trying to make its e-bikes even more accessible. The company just announced that effective immediately, it is cutting prices on nearly its entire…
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice.
SEC Sends Decentralized…
Binance CEO Discusses Company's Plan After Settlement With US Authorities – Exchanges Bitcoin News
April 11, 2024
Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that as the company move into greater maturity,” he insisted, adding that the crypto firm is focusing on “sustainability.”
‘The Direction of Travel Is Very Clear’
Binance’s new CEO…
