The all-new, all-electric Italdesign Quintessenza concept is a high-tech Italian take on the Porsche Dakar concept that’s just begging to be put into production.
Making its debut at the Beijing Auto Show, the Italdesign Quintessenza concept embodies both the dynamic prowess of a GT and the versatile adaptability of a pick-up truck. At least, that’s what its makers say. And, if your idea of a…
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation – Legal Bitcoin News
April 29, 2024
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by…
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K – Featured Bitcoin News
April 29, 2024
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegations, and Nubank expands its crypto functionality in Brazil.
Venezuela Might Use USDT for Sidestepping Sanctions
Venezuela is preparing to increase the…
The U.S. Navy awarded Raytheon a $344 million contract for the development of two Standard Missile variants with a common guidance section that will bring additional targeting capability to the American and foreign fleets.
The new SM-2 Block IIICU and SM-6 Block IU missiles…
Boeing’s defense unit recorded $222 million in losses in the first quarter of 2024 on two of its main fixed-price development programs, the KC-46A Pegasus refueling tanker and the T-7A Red Hawk trainer, the company announced Wednesday.
The KC-46 suffered a loss of $128…
The U.S. Air Force on Wednesday announced it selected Anduril and General Atomics to keep designing, building and testing its first batch of drone wingmen known as collaborative combat aircraft.
The decision on contract option awards marks the service’s most significant step yet as it aims to create a series of drones using autonomous software to fly alongside piloted fighters, such as the F-35…
CATL unveils world's first LFP battery with 4C ultra-fast charging for 370-mi in 10 mins
April 26, 2024
A new EV battery that can add 370 miles (600 km) range in 10 minutes? China’s CATL introduced its new Shenxing Plus EV battery, capable of just that. CATL claims the new EV battery is the world’s first with 4C ultra-fast charging and +620 miles (1,000 km) CLTC range.
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Tesla (TSLA) surges on Elon Musk trying to ride AI wave
April 26, 2024
Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave.
In a rare occurrence, Tesla had a pretty bad miss on expectations for both revenue and earnings with its financial…
Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024.
Ford shifts EV strategy amid sales upswing
Despite EV sales surging 86% to 20,233 in the first three months of 2024, Ford is pulling back. All Ford electric models saw double (or triple) digit sales growth.
