CryptoNews

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

A new study shows a slump in the NFT Market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This limited trading, according to the State of 2024 NFT Drops report, suggests a lack…
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AI & RoboticsNews

Meet the startup that just won the Pentagon’s first AI defense contract

The Department of Defense has awarded its first generative AI defense contract to Jericho Security, marking a strategic shift in military cybersecurity. The $1.8 million Small Business Technology Transfer (STTR) Phase II contract, announced through AFWERX, tasks the New York-based startup with developing advanced cybersecurity solutions for the Department of the Air Force. “This is one of the…
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DefenseNews

India’s MQ-9B buy from the US caps fruitless push for homemade drone

CHRISTCHURCH, New Zealand — As India struggles to develop its own medium-altitude, long-endurance drones, the government pulled the trigger this month on a purchase of 31 MQ-9Bs from General Atomics. The tri-service buy is worth 320 billion rupees, or US$3.8 billion, with 15 SeaGuardians to be delivered to the Indian Navy (IN) and eight SkyGuardians each for the Indian Air Force and Indian…
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DefenseNews

Navy extending service lives of three cruisers

The Navy is keeping three cruisers in service for three additional years each – just after extending the service life for 12 destroyers. The service announced Monday that the Gettysburg, Chosin, and Cape St. George will now remain in service up until fiscal year 2029…
Cleantech & EV'sNews

Kia unveils two off-road concept EVs at SEMA: The EV9 'ADVNTR' and a PV5 'WKNDR' van

Days after teasing a major reveal at the 2024 Specialty Equipment Market Association (SEMA) show, Kia has unveiled two unique and custom-built EV concepts designed for adventure off-road. During the unveiling, we got a look at a new spin on the ever-popular EV9 SUV called the “ADVNTR” and a rugged take on one of Kia’s new purpose-built vehicles (PBVs), the PV5, called “WKNDR.” On October…
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