BMW has crossed the “tipping point” as the automaker shifts from gas-powered vehicles to EVs. According to BMW’s CFO, from here on out, most of its growth will come from electric vehicles.
After nearly doubling (+74%) EV sales last year with over 375,000 electric models sold, BMW doesn’t see the growth slowing.
In the fourth quarter, BMW saw demand pick up with 129,316 EVs handed over…
Ripple CEO Blasts Gary Gensler as 'Political Liability' — Says New SEC Chair Will Be Good for the American People
January 17, 2024
The CEO of Ripple, Brad Garlinghouse, has slammed the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, as a “political liability.” Emphasizing that Gensler is not acting in the interests of the people or the long-term growth of the economy…
Attempted Bitfinex Exploit for $15 Billion XRP Fails
January 17, 2024
Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt.
$15 Billion of XRP Transfer Attempt Fizzles Out
A failed exploit attempt on cryptocurrency…
TUSD's Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance's Dominant Hold – Altcoins Bitcoin News
January 17, 2024
Market insights reveal that on Jan. 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark.
TUSD Faces Unsteady Ground, Drops Under $1
Recently, TUSD experienced fluctuations, slipping below its $1 benchmark on Monday. That evening, its value…
Cantor Fitzgerald CEO Foresees Bitcoin Rally at Next Halving, Affirms Tether's Reserves are Solid
January 17, 2024
Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew parallels between the fervor around spot gold…
According to the Samourai Wallet developers, the beta release of bitcoin/monero atomic swaps has been launched, marking an exciting development in privacy-preserving techniques. This new release of the desktop application streamlines the process of securely swapping bitcoin…
Tesla CEO and Spacex chief Elon Musk has revealed that he still owns “a bunch of dogecoin,” affirming his commitment to keep buying and supporting the meme cryptocurrency. Musk additionally revealed that his company Spacex still owns “a bunch of bitcoin.”
Elon Musk, Tesla, and Spacex Maintain Crypto Holdings
Tesla CEO Elon Musk has revealed that he still owns a bunch of meme cryptocurrency…
New Deloitte gen AI report: Business leaders concerned about societal impact, tech talent
January 16, 2024
Generative AI is moving so quickly that consulting leader Deloitte has published the first edition of a new quarterly survey exploring gen AI’s impact on the enterprise. The State of Generative AI in the Enterprise: Now Decides Next surveyed 2,800 respondents from director…
Last month, I reported on the widening web of connections between the effective altruism (EA) movement and AI security policy circles — from top AI startups like Anthropic to DC think tanks like RAND Corporation. These are linking EA, with its laser-focus on preventing…
PwC survey: 77% of CEOs concerned about AI cybersecurity risks
January 16, 2024
Today, almost every enterprise wants to jump on the generative AI bandwagon. They are building interesting new solutions and are bullish on the prospects of the foundation models.
However, according to a new survey of global CEOs conducted by PwC, despite all major benefits, this much-hyped technology can also bring in some major challenges, including potential security risks.
The firm…
