Q4 2023 was the fourth successive quarter of y-o-y decline in Tesla’s group operating margin. However, the 8.2% margin was 0.6 points ahead of the previous quarter, helped by some reduction in the cost of goods sold per vehicle. Deliveries rose by 19.5% from a year earlier, to 484,500 units, but group revenue grew at […]
Tesla Q4 2023 results Read More »
The Biden administration recently put out an emergency edict which requires all bitcoin mining operations in the United States to submit full data on their electricity usage. US grid stability is cited as the reason. Bitcoin is legitimate Bitcoin is a commodity according to the Securities and Exchange Commission, and recently no less than 11
Biden administration to clamp down on Bitcoin via emergency data collection on mining Read More »
The crypto derivatives exchange is eyeing the Hong Kong market and has submitted a license application to operate the Bybit platform in the city. Bybit’s Hong Kong Expansion Plans In a recent public statement, cryptocurrency exchange Bybit declared its application for a license to operate as a virtual asset trading platform (VATP) in Hong Kong.
Bybit's Strategic Move: Applies For Hong Kong VATP License Read More »
Senator Elizabeth Warren and a coalition of senators have reignited their criticism of crypto-related fraud and money laundering. The comments were made during a Senate Banking Committee hearing held on Thursday, with Warren pushing for stricter crypto laws. Senator Warren’s Fresh Criticism Warren, who has been highly critical of crypto, alleged that crypto was used
Elizabeth Warren Fires Fresh Salvo On Illicit Finance In Crypto Read More »
Modern vehicles are no longer strictly mechanical products—the use of software to manage, enhance and add functionality has made them more sophisticated than ever before. The rise of electric vehicles (EVs), combined with advanced driver-assistance systems (ADAS), telematics, infotainment and more, makes a software-defined future all but inevitable. As with electrification, industry pioneer Tesla has
Vehicle softwarisation is a technical and cultural challenge Read More »
Charging infrastructure is paramount to the global automotive industry’s electrification efforts. By creating comprehensive networks across countries and continents, consumer trust in electric vehicles (EVs) will grow and sustained sales momentum will allow governments to reach environmental targets. However, determining what approaches and charger technologies are optimal for this goal remains an unanswered question. From
Is Lotus defining the future of EV charging technology? Read More »
Critics have come down heavily on how the JUP token was launched barely 24 hours after its highly anticipated airdrop. There have been concerns that Jupiter has been using the open market opportunity to raise funds without users being completely aware this was the case. Concerns About Airdrop Earlier during the week, the Jupiter team
Jupiter Airdrop Draws Flak Despite Strong Support Read More »
Hong Kong, Hong Kong, February 2nd, 2024, Chainwire Wombat Exchange, a leading multi-chain and cross-chain single-sided stablecoin swap, published the first-ever single-sided Volatile Pool Automated Market Maker (AMM) algorithm in the decentralized finance (DeFi) space. This groundbreaking development marks a new era in DeFi, providing the very first oracle-less, user-friendly single-asset-deposit, and capital-efficient trading environment
Wombat Exchange Releases First Single-Sided Volatile Pool AMM in DeFi Read More »
George Town, Cayman Islands, February 1st, 2024, Chainwire InterWorld, a pioneering force in the digital economy, is excited to announce the launch of its native token, $ITW. The event is scheduled to commence on February 14th, 2024, and will be hosted on the GemPad platform, a renowned decentralized fundraising platform. The launch of the $ITW
InterWorld Announces $ITW Token Launch Event on GemPad Platform Read More »
Algotech (ALGT) Sparks Market-Wide Interest as Cardano (ADA) And Kaspa (KAS) Holders Look To Bridge Funds TLDR Algotech (ALGT) brings 275% gains before ALGT hits exchanges. Cardano (ADA) could decrease under $0.45 in February 2024. Kaspa (KAS) could drop toward $0.940 by the middle of February. Algotech (ALGT) Makes Enormous Waves as the Best Crypto
