BMW Group recently shared a spring update to its growing line of EVs, which now includes a new all-wheel drive variant of the i5. The BMW i5 xDrive40 will kick off production in March and arrive as a 2025 model-year EV, priced between the eDrive40 and M60 variants.
The all-electric 5 series is one of the newest additions to BMW’s EV lineup, having only launched last year as a 2023 model…
Oxford claims the world record for solar panel efficiency
February 1, 2024
Oxford PV, a spin-off from the University of Oxford, says it’s achieved the world record for the most efficient solar panel.
In collaboration with Germany’s Fraunhofer Institute for Solar Energy Systems, the company says its solar panel achieved 25% conversion…
A Delaware judge has sided with Tesla shareholders who filed a lawsuit claiming that Elon Musk unjustly secured a $55 billion CEO compensation plan. The plan is now voided by the court.
It’s unclear what will come out of this unique situation where Musk could potentially…
Polestar’s first electric SUV, the Polestar 3, is expected to begin rolling out in the US in the next few months. Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on a lease of the new electric SUV.
Polestar offers $7,500 discount on the 2024 Polestar 3
The Polestar 3 will join the Polestar 2 as the brand’s second all-electric model. Nearly 55,000…
GM 'all-in on EVs' goes back to plug-in hybrids amid setback with its electric car plans
February 1, 2024
General Motors claimed that it is “all-in on electric vehicles” for years, but today, CEO Mary Barra confirmed that the automaker is changing strategy and going back to plug-in hybrids amid setback in its electric car plans.
In 2019, GM killed the Chevy Volt, its…
Stablecoin Market Cap Climbs $4.85 Billion in 30 Days; USDT, USDC, FDUSD Spearhead Growth
February 1, 2024
In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in their supplies, with increases…
Ripple Exec Chris Larsen's XRP Accounts Illicitly Accessed, Crypto Exchanges Freeze Assets
February 1, 2024
On Wednesday, Chris Larsen, the co-founder and executive chairman of Ripple, publicly revealed that several of his personal xrp accounts had been illicitly accessed. Larsen explained that the team successfully persuaded crypto exchanges to promptly freeze the affected addresses.
$112.5 Million Transferred From Chris Larsen’s Accounts
In the realm of social media, specifically within the X…
Vitalik Buterin Explores Crypto-AI Synergy Amidst Rising Interest in Blockchain and AI Applications
February 1, 2024
In a recent blog post, Vitalik Buterin provided a deep dive into the increasingly intertwined worlds of blockchain technology and AI. Buterin offered an insightful analysis of their potential synergies while cautioning about the complexities and risks involved in their…
Grayscale's Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired
February 1, 2024
In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an…
SEC Moves to Dismiss Lawsuit Against Crypto Company Debt Box, Citing Inaccuracies in Court
February 1, 2024
The SEC has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision follows the SEC’s acknowledgment of presenting misleading information in court, a revelation that undermines the agency’s case and credibility.
Inaccuracies in Court Lead SEC to Drop Fraud Case Against Crypto Firm Debt Box
The U.S. Securities and…
