The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms.
Fintech Firms Say Freeze Is Temporary
The Central…
RIZON class 4 and 5 electric MD trucks arrive in Canada
April 29, 2024
Daimler’s new, all-electric truck brand made its Canadian debut this week with the official market launch of its battery electric class 4 and 5 medium duty work trucks.
After making its North American debut at the 2023 ACT Expo in Anaheim, California, Daimler Truck’s…
The all-new, all-electric Italdesign Quintessenza concept is a high-tech Italian take on the Porsche Dakar concept that’s just begging to be put into production.
Making its debut at the Beijing Auto Show, the Italdesign Quintessenza concept embodies both the dynamic…
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation – Legal Bitcoin News
April 29, 2024
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their belief that the definition of “money transmitting” outlined in Section 18 U.S.C. § 1960 does…
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K – Featured Bitcoin News
April 29, 2024
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegations, and Nubank expands its…
The U.S. Navy awarded Raytheon a $344 million contract for the development of two Standard Missile variants with a common guidance section that will bring additional targeting capability to the American and foreign fleets.
The new SM-2 Block IIICU and SM-6 Block IU missiles will include increased targeting capabilities, helping the defensive Standard Missiles see additional kinds of threats…
Boeing’s defense unit recorded $222 million in losses in the first quarter of 2024 on two of its main fixed-price development programs, the KC-46A Pegasus refueling tanker and the T-7A Red Hawk trainer, the company announced Wednesday.
The KC-46 suffered a loss of $128…
The U.S. Air Force on Wednesday announced it selected Anduril and General Atomics to keep designing, building and testing its first batch of drone wingmen known as collaborative combat aircraft.
The decision on contract option awards marks the service’s most significant…
CATL unveils world's first LFP battery with 4C ultra-fast charging for 370-mi in 10 mins
April 26, 2024
A new EV battery that can add 370 miles (600 km) range in 10 minutes? China’s CATL introduced its new Shenxing Plus EV battery, capable of just that. CATL claims the new EV battery is the world’s first with 4C ultra-fast charging and +620 miles (1,000 km) CLTC range.
CATL reveals world’s first 4C ultra-fast charging battery
CATL continues advancing EV battery tech as it aims to develop…
