Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether issued over $12.5 billion USDT during this period.
Tether Attestation Registers Record-Breaking $4.52…
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
May 3, 2024
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only…
DENVER — Since the Army canceled plans to develop a Future Attack Reconnaissance Aircraft earlier this year, the two anticipated competitors have both moved to make use of their work on the program.
The service is closing out its FARA effort at the end of fiscal 2024. Two…
DENVER — The U.S. Army will choose who is to integrate its long-range, high-speed spy plane this summer, a major step in its effort to overhaul existing fixed-wing aircraft that perform intelligence, surveillance and reconnaissance missions, according to service officials in charge of the program.
The service plans to retire roughly 70 aircraft — its entire ISR fleet — as it brings on the…
COLOGNE, Germany — RTX’s Raytheon selected Spanish engineering and technology group Sener to make a key component of the Patriot air-defense system’s interceptor missile at its Madrid site.
The contract, announced by the companies on April 29, covers the…
Gogoro, the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. After a week full of major news, the company is back with perhaps its biggest announcement lately: a plan for a major partnership that…
Nevada utility NV Energy’s largest battery energy storage system sits on a former coal-fired power plant site and will save customers a lot of money.
Swiss-US battery energy storage specialist Energy Vault (NYSE: NRGV) built the 220 MW/440 MWh grid-tied Reid Gardner Battery Energy Storage System (BESS) in Moapa, Nevada, 50 miles northeast of Las Vegas. Energy Vault will maintain the…
Ford Pro is now taking orders for the newest version of its commercial EV, the E-Transit, with up to 32% more range and faster charge times.
The 2024 E-transit‘s larger 89 kWh battery (up from 67 kWh) provides an estimated range of up to 159 miles. Ford says that makes it…
US Lawmaker Slams SEC's Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
May 1, 2024
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security.
Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives that merge tech and human potential.
Tether Dabbles in Biotech, Acquires $200 Million Majority Stake in…
