On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com.
Changpeng Zhao Steps Down as Binance US Chairman
The update from Binance US comes in the wake of a…
Bitcoin Whale Soars to 72nd Rank in 2 Weeks, Gathering Over 10,000 BTC Amid ETF Buzz – Bitcoin News
November 29, 2023
This week, observers in the crypto sphere have kept a close eye on a notable bitcoin whale address, which impressively climbed from the 492nd spot to become the 72nd largest bitcoin holder in a mere fortnight. This substantial addition of over 10,000 bitcoin occurs amidst…
Binance CEO Richard Teng Outlines the Path Ahead; Puts Innovation, Users and Web3 at the Forefront – Bitcoin News
November 29, 2023
Richard Teng, the new CEO of Binance, has explained his vision for the company, outlining the challenges the exchange faces ahead and the areas on which the company will focus. In a blog post, Teng explained that innovation, users, and Web3 will be at the forefront of…
Coinbase CEO Says Binance Settlements Allow Crypto Industry to 'Turn the Page' – Legal Bitcoin News
November 29, 2023
Coinbase CEO Brian Armstrong says the enforcement action against Binance has allowed the crypto industry to “turn the page.” He emphasized: “There are many, many companies in crypto that are helping build the crypto economy and update our financial system globally. But many of them are still small startups, so I think getting regulatory clarity is going to help bring in more investment in…
Pratt to start receiving F-35 engine upgrade contracts in early 2024
November 29, 2023
WASHINGTON — The Pentagon expects to start issuing early next year the first in a series of sole-source contracts to Pratt & Whitney to upgrade the F-35 Joint Strike Fighter’s engines.
In a notice posted online Monday, the government said the follow-on contract…
Early Ford carrier maintenance costs lower than planned, Navy says
November 29, 2023
ARLINGTON, Va. — The first-in-class aircraft carrier Gerald R. Ford may cost less over its life than planned because of reduced maintenance costs, a program manager said today at an American Society of Naval Engineers conference here.
Capt. Brian Metcalf said the new…
Quick Charge Podcast: November 28, 2023
November 29, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
In a first, this electric SOV is charged by offshore wind turbines
November 29, 2023
A Dutch shipbuilder has officially launched what it says is the world’s first electric service operations vessel (SOV) that can charge offshore.
Damen Shipyards Group debuted the SOV 7017 Electric today at the Offshore Energy Exhibition & Conference 2023 in…
Mercedes-Benz plans to stop building its EQS SUV in the US in favor of a new longer-range electric GLC. The move comes as Mercedes plans to make room for its upcoming GLC EV.
According to supply chain sources via Automotive News, Mercedes will move EQS SUV production to…
UK-based automaker Lotus is taking its 2028 electrification goals to another level, announcing a new line of EV charger options to support its growing lineup of all-electric hypercars. The new chargers are available in China en route to other markets soon.
Lotus is a veteran boutique automaker with British roots but is currently owned by Geely out of China. Such support from a major automotive…
