CryptoNews

Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage

June 19, 2024
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The FSB also reviewed progress on implementing its global regulatory framework for crypto asset activities.
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AI & RoboticsNews

China’s DeepSeek Coder becomes first open-source coding model to beat GPT-4 Turbo

June 18, 2024
Chinese AI startup DeepSeek, which previously made headlines with a ChatGPT competitor trained on 2 trillion English and Chinese tokens, has announced the release of DeepSeek Coder V2, an open-source mixture of experts (MoE) code language model. Built upon DeepSeek-V2, an MoE model that debuted last month, DeepSeek Coder V2 excels at both coding and math tasks. It supports more than 300…
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DefenseNews

How many F-35s to buy? Draft defense bills disagree

June 18, 2024
The Senate’s proposed National Defense Authorization Act would leave the military’s planned purchases of 68 F-35 Joint Strike Fighters in fiscal 2025 unchanged. The chamber’s draft NDAA, which members of the Senate Armed Services Committee unveiled Friday, represents…
DefenseNews

Defense Innovation Unit seeks systems to counter Red Sea drone attacks

June 18, 2024
As Iran-backed Houthi rebel groups continue to use attack drones to target ships in the Red Sea, the U.S. Navy and the Defense Innovation Unit are partnering to prototype a counter uncrewed aircraft system that can disable or shoot them down. The Navy is looking for a system it can easily integrate with a range of platforms to defend against such adversary drone attacks, DIU said June 14. The…
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Cleantech & EV'sNews

Mullen PowerUP is an EV and mobile charging station in one

June 18, 2024
Based on the all-electric Mullen THREE electric chassis cab, Mullen says the new PowerUP mobile charging platform provides increased job site versatility thanks to on demand, mobile DC fast-charging. The Mullen PowerUP ships with its own 160 kW battery pack, with a modular design that’s capable of bringing up to 1 MWh wherever it’s needed, whether that’s a job site without a grid connection…
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