One of the less obvious features of the Tesla Cybertruck is its vehicle voltage architecture. The Cybertruck is the first EV from the automaker to use a 48-Volt (48V) electrical system implementation throughout the entire vehicle, as compared to the 12V systems that are used in pretty much every other vehicle on the planet. Today, Tesla shared its 48V implementation documentation with other major…
New Jersey Bill Proposes Classifying All Crypto Tokens Sold to Institutional Investors as Securities – Regulation Bitcoin News
December 7, 2023
A bill has been introduced in the U.S. state of New Jersey to classify all cryptocurrencies issued and sold directly to institutional investors as securities. In contrast, the U.S. Securities and Exchange Commission (SEC) has previously stated that bitcoin is not a security…
US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler's Personal Agenda
December 7, 2023
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he…
Warren Buffett-Backed Nubank Collaborates With Circle and Talos to Increase Crypto Access in Brazil – Featured Bitcoin News
December 7, 2023
Warren Buffett-backed Nubank is collaborating with crypto firms Circle and Talos to increase crypto access and adoption in Brazil. Nubank Cripto has added 11 new cryptocurrency options to the platform this year. “We continue to see strong demand across Latin America for access to dollars, specifically in Brazil, which has emerged as a driving force for digital currency use and adoption in the…
If you’re in London and looking to hail one of its legendary black taxis, there’s a good chance you’ll get an emissions-free ride. Half of London’s fleet of 15,000 black cabs are now electric vehicles. And starting next year, you can Uber one too – a huge coup for…
Thousands to lose their jobs as VW slashes $11 billion in costs
December 7, 2023
Warnings about another wave of massive job losses at Volkswagen have been circulating for a few weeks, but now a new report says the company will cut one-fifth of its administrative staff. But it is hoping to soften the blow by offering early retirements as opposed to…
AI infrastructure major VAST Data’s valuation surges to over $9B after fresh funding
December 7, 2023
VAST Data, the technology company creating an infrastructure layer for the age of AI, today announced it has raised $118 million in a series E round of funding. The round was led by Fidelity Management & Research Company.
The investment, which also saw the participation of New Enterprise Associates (NEA), BOND Capital and Drive Capital, has grown the valuation of the seven-year-old company…
Automated proposal writing startup AutogenAI raises $39.5M from Salesforce Ventures and others
December 7, 2023
Writing proposals to satisfy requests-for-proposals (RFPs) and win funding can be a slog, even for those organizations with experience doing it — as it typically involves a mix of providing tedious, repetitive but highly specific information in many different form fields…
Coinbase has unveiled a new feature to its wallet service, streamlining international fund transfers. This new update aims to make the transfer of funds as effortless as sending a text.
Coinbase Unveils Link-Based Money Transfer Service
Coinbase (Nasdaq: COIN) has launched…
Blackrock's Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC as a Security by SEC – Regulation Bitcoin News
December 7, 2023
Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC), state regulators, or court rulings. “If a digital asset is determined or asserted to be a security, it is likely to become difficult or impossible for the…
