Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77 billion of that sum.
Staking Captures 27% of Ethereum Supply; Lido Holds Dominant $28.77 Billion…
Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
April 18, 2024
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top…
The F-35 Joint Strike Fighter’s total cost is expected to top $2 trillion over its entire life span given the U.S. military plans to fly it longer, inflation is rising, and the Pentagon’s efforts to rein in expenses are largely falling short, a government watchdog said…
Nearly a year prior to a deadline for two competing teams to reach a critical design review phase in the development of a Next-Generation Interceptor for homeland defense, the Missile Defense Agency chose Lockheed Martin to move forward rather than carry both teams through the next phase of technology development.
Lockheed and its Aerojet Rocketdyne partner completed the preliminary design review…
Get the US Navy’s frigate program back on schedule
April 16, 2024
The recent review of shipbuilding progress is an important step in correcting the current cost overruns and schedule slippage. However, the U.S. Navy secretary’s rather timid response of only directing the FFG design team to gather at the shipyard was far too timid.
Many…
Ford’s BlueCruise hands-free driver assist under investigation after two fatal crashes
April 16, 2024
The National Transportation Safety Board is investigating two fatal crashes involving two separate Ford Mustang Mach-Es crashing into stationary vehicles, where three people have died. In at least one of the crashes, Ford’s BlueCruise hands-free driver-assist system was…
Maserati's Folgore Day event showcases its commitment to electrification, just not 100%
April 16, 2024
To celebrate over 100 years in business while looking ahead to another century filled with electrification, Maserati held a “Folgore Day” event in Italy. At this event, it showcased its lineup of BEVs, including the GranTurismo Folgore and Grecale Folgore SUV, ahead of the official launch of its GranCabrio Folgore convertible this evening.
Today’s event celebrates Maserati S.p.A’s 110…
Tesla lays off 'more than 10%' of its global workforce
April 16, 2024
Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. We exclusively reported yesterday that Tesla was prepping a massive layoff.
For the last few months, it has looked like Tesla might be preparing for a round of…
Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their Kenyan counterparts about…
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such as ether, litecoin, and monero without authorization. Parks, who was arrested in Nebraska and faces up to 50 years in…
