Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets under management (AUM).
IBIT’s Bitcoin Holdings Continue to Grow
Blackrock’s Ishares Bitcoin Trust (IBIT), the world’s…
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability…
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at…
The U.S. Army is changing its approach to acquiring a long-range artillery capability and scrapping its 58-caliber Extended Range Cannon Artillery prototyping effort, according to the service’s acquisition chief.
“We concluded the prototyping activity last fall,” Doug Bush told reporters at a March 8 briefing on the fiscal 2025 budget request. “Unfortunately, [it was] not successful enough…
For the first time in three years, the Missile Defense Agency is asking for less money in the upcoming fiscal year, requesting $10.4 billion for 2025, which is about $500 million less than the total leaders said they needed last March.
The agency, for the first time in…
The Air Force’s proposed budget for fiscal 2025 would cut procurement of two major fighter programs — the F-35A and F-15EX Eagle II — and boost research and development funding for future capabilities.
The service plans to buy 42 Lockheed Martin-made F-35As for $5.9…
Another fatal crash on Tesla Autopilot is going to trial, and while Tesla has won all of them in the past, this one has new evidence that could help the plaintiffs.
Over the years, there have been a handful of fatal crashes involving Tesla’s Advanced driver assistance systems (ADAS) features, more commonly referred to as their brand names: Autopilot and Full Self-Driving (FSD) Package.
The…
Tesla battery supplier Panasonic Energy is considering pouring new investments potentially up to $4 billion in its De Soto, Kansas, plant to produce 4680 battery cells for the Tesla Cybertruck and Tesla’s next-gen vehicles.
Sources with “direct knowledge of the…
Engwe has recently updated its popular 20-inch e-bike, now launching as the Engwe L20 2.0. While it lacks some of the fancier features seen in many of today’s leading e-bikes, it still appears to pack in some solid performance at an incredibly low price.
The L20 2.0…
The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms.
ETNs Must Adhere to UK Listing Requirements
The Financial Conduct Authority (FCA), the watchdog for the…
