Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent enforcement action by the U.S. Securities and Exchange Commission (SEC) against Kwon, the South Korean court…
Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors
April 25, 2023
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of…
Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the cryptocurrency, including the recent turmoil…
Biden taps Army vice chief to be service’s top officer
April 24, 2023
WASHINGTON — President Joe Biden has nominated the U.S. Army’s vice chief of staff to be the service’s next chief, according to the congressional register.
Gen. Randy George, if confirmed by the Senate, would succeed Army Chief of Staff Gen. James McConville, who will retire this summer.
George “is a combat proven leader who is the right person at the right time and will guide the Army…
Why the US Navy needs dedicated command ships
April 24, 2023
When there is talk of flat budgets and ship reductions, the U.S. Navy inevitably suggests the retirement of its dedicated command ships — in particular the 6th Fleet flagship Mount Whitney. The Mediterranean-based command platform is again on the chopping block, this time…
WASHINGTON — Despite a delay in new engine technology, the U.S. Army is continuing to develop systems for its Future Attack Reconnaissance Aircraft that go beyond the airframe, according to the two-star general in charge of the service’s vertical lift modernization.
As…
WASHINGTON — A U.S. Army shop for everything electronic warfare and battlefield situational awareness is getting a new leader.
Brig. Gen. Ed Barker was named the new boss of the Program Executive Office for Intelligence, Electronic Warfare and Sensors, or PEO IEW&S, according to an April 24 announcement from the Pentagon.
Barker has served as the office’s deputy since July 2021. He will…
Colorado is getting its first electric fire truck
April 24, 2023
The City of Boulder announced today that it’s purchased a Rosenbauer RTX, the State of Colorado’s first electric fire truck.
Austrian-based Rosenbauer’s RTX is equipped with a 360 kW electric powertrain and two Volvo Penta Batteries totaling 132 kWh of power. It has…
Polaris has just announced that shipments have begun for its revolutionary new Polaris RANGER XP Kinetic UTV (utility terrain vehicle). The first shipments of the high-power electric side-by-side are headed to dealers this week for customer pickup.
Ever since I first got…
Boston kicks off rollout of 750 electric school buses with first of the fleet transporting students
April 24, 2023
Boston Public Schools has kicked off an ambitious new program to eventually convert its entire fleet of 750 vehicles to electric. The first Blue Bird Vision electric school buses are now in service, transporting thousands of students daily in what local government officials are calling the largest electric bus deployment in the Northeast.
Blue Bird Corporation ($BLBD) is a recognizable name in…
