A top central banker warns crypto’s accelerating fusion with traditional finance could unleash market turmoil, damage trust in banks, and jeopardize control over sovereign monetary systems.
Central Banker Cautions: Misunderstood Crypto May Trigger Market Fallout
Bank of Italy Governor Fabio Panetta, who served on the European Central Bank (ECB)’s Executive Board from 2020 to 2023, issued a…
Two New York Police Department detectives (NYPD)are under investigation for their alleged involvement in the captivity of an Italian cryptocurrency entrepreneur.
Unapproved Security Services
Two New York Police Department (NYPD) detectives who reportedly provided security at…
The Agricultural Bank of Russia is considering crypto-based tools as an alternative to traditional settlement methods for exporting over 49.5 million tonnes of grain. This measure could open the agricultural commodities market to digital assets, pioneering this use…
Hyundai's first three-row electric SUV is here as IONIQ 9 deliveries kick off across the US
June 2, 2025
Hyundai handed over one of the first IONIQ 9 models to customers in the US on Friday, marking the start of deliveries for its new three-row electric SUV.
Hyundai IONIQ 9 deliveries are now underway in the US
Just over two months after the first models rolled off the assembly line at Hyundai’s new EV plant in Georgia in March, deliveries are now underway.
Hyundai delivered one of the first IONIQ…
Hyundai vehicles are about to get more expensive with price hikes expected across its lineup
June 2, 2025
Another automaker is preparing to raise vehicle prices in the US. As soon as next week, Hyundai is expected to hike prices across its entire lineup.
Is Hyundai raising vehicle prices in the US?
Hyundai is coming off its seventh straight month with record sales in the US, led…
For years, Tesla Powerwall has been the go-to recommendation for “normals” looking for a painless, low-effort experience from their first home solar and battery backup solutions. Its CEO’s recent involvement in controversial politics, however, means that people are…
DeepSeek R1-0528 arrives in powerful open source challenge to OpenAI o3 and Google Gemini 2.5 Pro
May 30, 2025
The whale has returned.
After rocking the global AI and business community early this year with the January 20 initial release of its hit open source reasoning AI model R1, the Chinese startup DeepSeek — a spinoff of formerly only locally well-known Hong Kong quantitative analysis firm High-Flyer Capital Management — has released DeepSeek-R1-0528, a significant update that brings DeepSeek’s…
New York-based AI startup Hume has unveiled its latest Empathic Voice Interface (EVI) conversational AI model, EVI 3 (pronounced “Evee” Three, like the Pokémon character), targeting everything from powering customer support systems and health coaching to immersive…
Black Forest Labs (BFL), the startup founded by the creators of the popular Stable Diffusion model, has launched a new image generation model called FLUX.1 Kontext. This model not only generates and edits photos, but also allows users to modify them with both text and other…
Crypto-fueled chaos strikes again as a Russian couple is rescued from a Buenos Aires kidnapping tied to a digital ransom, sparking a global manhunt.
Russian Couple Abducted in Crypto Sting—Kidnappers Flee to UAE
A Russian couple has been rescued in Buenos Aires after reportedly being kidnapped and released following a $43,000 ransom paid in cryptocurrency. The victims, who run a crypto business…
