A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds.
Masterminds Convert Cash to Crypto in Bid to Hide Funds
An Australian…
Another Cadillac EV has earned the iconic “V” badge. The 2026 Cadillac Optiq-V is a new entry-level sports electric vehicle (EV) with over 500 horsepower, sporty styling both inside and out, and additional upgrades. It’s also GM’s first vehicle with a built-in NACS…
Image leaks of Rivian's 2026 R1T Quad Motor are starting to trickle in and we see NACS and teal
June 12, 2025
A couple of automotive influencers appear to have gotten access to the new 2026 Rivian R1T Quad Motor and shared some images. The posts showcase the new NACS charging port, a familiar exterior color, and new teal accents, including the calipers. See more below.
Recently…
Kia's PV5 is the first to use Hyundai 'Pleos' software as orders open in Korea at $35,000
June 12, 2025
Kia’s first electric van is finally here. Although it appears to be from the future, the PV5 boasts impressive interior space, a long driving range, advanced technology, and a range of features. It’s offered in a variety of different configurations, including an upcoming refrigerated truck, a light camper, and a luxury “Prime” model. With orders opening in Korea this week, we are…
Cognitive migration is not just an individual journey; it is also a collective and institutional one. As AI reshapes the terrain of thought, judgment and coordination, the very foundations of our schools, governments, corporations and civic systems are being called into…
XRP blasts into the Nasdaq Crypto US Settlement Price Index, marking a monumental step toward institutional adoption and setting the stage for unprecedented market expansion.
XRP Included in Nasdaq Index Redesign
On June 6, the Hashdex Nasdaq Crypto Index US ETF submitted…
The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana.
President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and connected by roads, making them ready for agriculture or construction. However, these initial offerings do not include mining…
Analyst Projects $515B Tether Valuation—CEO Says BTC and Gold Are Missing From the Equation
June 9, 2025
Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public.
Ardoino: Valuation ‘A Bit Bearish’
Tether CEO Paolo Ardoino has described an…
When will Toyota launch an electric SUV for under $20,000 in the US or Europe? We’ll keep dreaming. Toyota is launching the new bZ5 electric SUV next week in China amid an intensifying EV price war. The new SUV will draw power from BYD’s batteries and EV powertrain as…
Tesla CEO Elon Musk and President Trump are in the middle of a nasty break-up and it didn’t take long for Musk’s companies, including Tesla, to be thrown in the middle of it like kids in a divorce.
We will focus on the real impact on Tesla’s business here, rather than its stock price, which is largely driven by sentiment, similar to a meme stock.
As Jamie pointed out in his post yesterday…
