Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume.
Robinhood Bucks Trend With Bitcoin Inflows as Coinbase and Binance Face Outflows
A significant volume of bitcoin (BTC) is currently in the possession of two…
Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume.
Tether’s Latest…
48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of 'Negative Repercussions'
April 2, 2024
Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the SEC implicitly or directly classifying ETH as a digital asset security…
US Army refreshes competition for short-range laser
April 1, 2024
HUNTSVILLE, Ala. — The U.S. Army is evaluating additional 50-kilowatt platforms as it seeks to buy short-range air defense laser weapons, even as its initial four prototypes deploy in U.S. Central Command’s area of operations, a service official told Defense News.
Three of the Army’s Directed Energy Maneuver-Short Range Air Defense systems, or DE M-SHORAD, are in Iraq so the service can…
Tesla appears to be making significant progress in its Cybertruck production ramp, but it is coming at a cost.
The automaker is about to finish its first full quarter of Cybertruck production, and it looks like it has made some great progress.
It has been hard to track…
Velotric has been on a winning streak lately, spending the last year or more rolling out a series of impressive new reasonably-priced electric bike models with features and performance that handily beat the competition in several key categories. And by all indications, the…
EPA’s Heavy Duty “Phase 3” truck rule has been finalized, and surprisingly enough it comes in stronger (albeit slightly) than the rule that was originally proposed last year.
The final rule has just come out, so there’s plenty to comb through, but the EPA went over some key points in a press call yesterday.
Transportation is the largest-polluting sector in America, and heavy duty vehicles…
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems…
The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there…
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
April 1, 2024
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these offensive assets should be left to individual applications.
Solana Unlikely to Deal With Offensive Meme Coin Issues at the Core…
