Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent AI-driven crypto projects have all suffered double-digit losses, ranging from 10% to 29.58%, against…
Do Kwon Challenges SEC's Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
April 23, 2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators…
Rich Dad Poor Dad Author Robert Kiyosaki Shares Why He Loves Bitcoin — Expects BTC to Hit $100K
April 23, 2023
Rich Dad Poor Dad author Robert Kiyosaki has shared why he loves bitcoin and when he began investing in the cryptocurrency. Expecting to see $100K per bitcoin, he emphasized that the crypto does not need the Fed or government bailout because it’s “people’s…
Bitcoin, Ethereum Technical Analysis: ETH Falls Under the $1,900 Level to Start the Weekend
April 22, 2023
Ethereum started the weekend trading below $1,900 for the first time in two weeks, as cryptocurrency markets continued to fall. The global market cap is down by close to 3% at the time of writing this. Bitcoin was also in red, as it moved closer to $27,000.
Bitcoin
Bitcoin () was in the red for a fourth consecutive session, as prices neared a breakout below $27,000.
/USD plunged to a low of…
Dogecoin dropped to a multi-week low on Saturday, as a red wave continues to wash away recent crypto bulls. The meme coin dropped below a key price floor at $0.080 following today’s plunge. Shiba inu was also lower to start the weekend, falling by as much as 3%.
Dogecoin…
Box trucks are convenient for when you have to move a large amount of cargo around. But what if only you need to lug around a small amount of cargo, yet don’t want to give up your U-Haul vibes? That’s when you’ll want to call on the world’s smallest box truck, which…
Swedish commercial vehicle maker Scania and Swedish battery startup Northvolt today unveiled a battery cell that they claim can power a heavy electric truck for 1.5 million kilometers (932,056 miles).
Scania and Northvolt have been working together since 2017 to develop a battery cell for heavy-duty commercial vehicles. They assert that in validation tests, their lithium-ion cell has successfully…
Rivian announces 'big' towing update coming along with a slew of new features to look forward to
April 22, 2023
Rivian’s head of software, Wassym Bensaid, discussed the company’s upcoming software roadmap, including a “big update with towing” and a multitude of helpful new features that Rivian drivers can look forward to.
Why do people buy a Rivian? Speaking with Marques…
Canada lures Volkswagen's new battery plant north by matching billions in subsidies offered by US
April 22, 2023
Canadian Prime Minister Justin Trudeau has announced a massive deal with German automaker Volkswagen Group to implement its first electric vehicle plant outside of Europe in the country. Canada has promised the group billions in matched subsidies offered by the US government…
Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here.
XDefiant is Ubisoft’s latest multiplayer title, a first-person hero-ish shooter that throws together characters from its multiple franchises into one big arena. I got the chance to play XDefiant, and one impression I formed is that Ubisoft is hamstringing itself by keeping the game so Tom…
