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 least 50%, fueled by the substantial rise in the overall value of the cryptocurrency market.
Major Growth in Defi
Currently, the…
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…
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 billion and 18 Boeing F-15EXs for $1.8 billion next year. That would be a reduction from the 48 and 24 fighters, respectively…
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…
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 expands upon what we saw in the original L20 launch, adding a folding mechanism and other features to make the bike more…
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…
Donald Trump Calls BTC 'an Additional Form of Currency' — Says 'I Sometimes Will Let People Pay Through Bitcoin'
March 12, 2024
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure…
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
March 12, 2024
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just to display a top 10 list of the most downloaded apps.
Solana Labs’ Anatoly Yakovenko Blasts the Google-Apple App…
