WASHINGTON — The U.S. Air Force’s next-generation tanker was supposed to be the ideal candidate for a fixed-price development program.
Indeed, when Boeing first won the deal to build what’s now known as the KC-46, the defense contractor said it would use a “low-risk approach,” basing its design on the existing Boeing 767 commercial airplane. The contract was firm-fixed-price, meaning…
Kia introduces modular 'Platform Beyond Vehicle' strategy, teases several concept EVs at CES
January 10, 2024
Kia is kicking off the Consumer Electronics Show (CES) 2024 with some exciting news in a quest to go “beyond mobility.” This afternoon, Kia introduced its fully customizable Platform Beyond Vehicle (PBV) to provide businesses and individuals with modular, fit-for-purpose…
Hyundai doubles IONIQ 5 lease deal with up to $15,000 off
January 10, 2024
If the Hyundai IONIQ 5 caught your eye, now may be the best time to start shopping. Hyundai is offering the biggest deal on the IONIQ 5 since its launch, with up to $15,000 in savings.
2023 Hyundai IONIQ 5 up to $15,000 off in new lease deal
Hyundai (including Kia)…
Tesla drastically downgrades Model Y sound system
January 10, 2024
Tesla has drastically downgraded the Model Y’s audio system from 13 to 7 speakers and seemingly getting rid of the subwoofer.
Fortunately, it’s only for the base version.
Over the years, Tesla invested heavily in quality audio for its vehicles. The automaker hired engineers from Bang & Olufsen and other major audio brands.
It resulted in the sound system in the Model 3 and Model Y…
South Korea Proposes Ban on Credit Card Crypto Purchases
January 10, 2024
Amidst a national surge in crypto trading, South Korea’s FSC is proposing a significant change to their credit finance laws, potentially barring citizens from the use of credit cards in cryptocurrency transactions.
South Korea Aims to Tighten Crypto Regulations with…
Report: Japan's E-Commerce Giant Mercari to Accept BTC Payments
January 10, 2024
Starting in June, users of Mercari, one of Japan’s biggest e-commerce platforms, will be able to pay for products using bitcoin. Users of the platform will also be able to use proceeds from sales to buy and sell bitcoin.
Mercari Set to Continue Displaying Yen Prices
One…
SEC Chair Gary Gensler Issues Crypto Investing Advice — Lawyers See as Prelude to Spot Bitcoin ETF Approval
January 10, 2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has advised investors to be cautious when considering crypto investments. His advice followed a series of warnings he issued the day before regarding the risks of crypto investing. The SEC is expected to green-light multiple spot bitcoin exchange-traded funds (ETFs) on Wednesday.
Gary Gensler’s Advice to Crypto Investors
The…
The Lazarus Group, one of the most infamous cryptocurrency hacking collectives, has made one of its largest cryptocurrency withdrawals in over a month. According to Arkham, an on-chain intelligence exchange system, the group withdrew a million dollars worth of bitcoin from…
Turmoil in Crypto Market — Misleading SEC Post Triggers Significant Bitcoin Volatility
January 10, 2024
Bitcoin’s value experienced a turbulent Tuesday, largely due to a rogue post from the U.S. Securities and Exchange Commission’s hijacked X account, mistakenly proclaiming the green light for all spot bitcoin exchange-traded funds (ETFs).
False Spot ETF Approval Post…
Standard Chartered has predicted that the price of bitcoin could rise to $200,000 next year with the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The bank’s analysts described: “We see this as a watershed moment for normalizing bitcoin participation by institutional money, and we expect approval to drive significant inflows and…
