Author: admin
Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets “from a tyrannical chairman.” Legislation Filed to Remove SEC Chair Gensler in Effort to Safeguard U.S. Capital Markets Several Republican lawmakers have openly criticized SEC chairman Gary Gensler for his performance in leading the federal securities regulatory division. Among them is congressman Warren Davidson (R-OH), who recently announced his intention to introduce legislation to remove Gensler from…
DALLAS–(BUSINESS WIRE)–Lone Star Analysis, a trusted provider of leading-edge predictive and prescriptive analytics, and Evolved AI®, is proud to announce it has been awarded a digital twin patent for operations and maintenance applications. “Operations and Maintenance or O&M are significant challenges to all the markets we serve. Digital Twins are one aspect of addressing those challenges.” Post this “This patent adds to our growing portfolio of intellectual property,” said Eric Haney, Ph.D., CTO of Lone Star. “Operations and Maintenance or O&M are significant challenges to all the markets we serve. Digital Twins are one aspect of addressing those challenges.” Lone…
As the July 23 deadline for launching the spot Ethereum ETF (exchange-traded fund) market approaches, asset management firms have disclosed their management fees, signaling the imminent approval of applications by the US Securities and Exchange Commission (SEC). BlackRock’s Fee Cut Strategy According to BlackRock’s amended S-1 registration statement filed on Wednesday, the asset management giant will charge a 0.25% management fee for its spot Ethereum ETF ETHA. The fee will be accrued daily at an annualized rate of 0.25% of the fund’s net asset value and payable at least every three months in US dollars, in-kind, or a combination of…
NEAR, the native token of the Layer 1 (L1) blockchain Near Protocol, has surged to a one-month high after breaking out of a previous downtrend that saw the token hit a low of $4 on July 5. Currently trading at $5.93, NEAR has recorded a substantial 20% gain over the past week, propelling it to the 19th position among the top 100 cryptocurrencies. This positive momentum has drawn the attention of venture capital firm Pantera Capital, whose Managing Partner, Paul Veradittakit, has shared several reasons for the firm’s bullish stance on NEAR’s protocol and its growth potential. Scalability Solution Amidst Bitcoin…
Attendees will have the opportunity to explore Altair’s AI-powered engineering solutions, which support the entire aerospace life cycle, from conceptual design and manufacturing to operational performance and maintenance, repair, and overhaul (MRO). Altair will also share insights on sustainable aviation, the smart factory, advanced connectivity, and digital engineering efficiency. Highlights of Altair’s participation at the Farnborough Airshow 2024 include: Sustainable Aviation through AI-Powered Engineering Simulation Demos: Altair’s AI-powered simulation solutions enable aerospace engineers to solve complex design challenges. By integrating AI into design and simulation technologies, Altair provides unprecedented insights and performance improvements for aircraft design and operations. Efficient Manufacturing…
Monad Labs raised $225 million, led by Paradigm, pushing forward the discussion on parallelized EVM chains.
Bitcoin Magazine is thrilled to announce the launch of the newly enhanced Bitcoin Magazine Pro in partnership with Look Into Bitcoin. This strategic collaboration involves rebranding Look Into Bitcoin and relaunching it as Bitcoin Magazine Pro, bringing real-time data and market-leading chart intelligence to users while significantly enhancing the capabilities and reach of Bitcoin Magazine Pro.“I’m thrilled to partner with the Bitcoin Magazine team, whom I’ve long admired, to build on the success that Look Into Bitcoin has achieved since its launch in 2019,” said Philip Swift, Founder and CEO of Look Into Bitcoin and now Managing Director of Bitcoin Magazine…
P2P.org has brought its Ethereum staking service to Safe, the decentralized custody protocol that stores more than $38 billion in total assets, in a move that should make it easier for people to stake ETH without the requite physical infrastructure. Via P2P’s application, users on Safe can now stake their ETH directly “with just a few clicks whilst maintaining total ownership over their staked ETH,” said P2P CEO Alex Esin in the announcement Wednesday. Users who decide to stake 32 ETH – the minimum amount needed to stake on Ethereum – through the application will also have slashing protections, guaranteed…
According to Ontario Construction News, the Ontario government is using digital twins in infrastructure projects. The government is investing $5 million to build digital twins to enhance worker safety and operational efficiency. Currently, the project will use digital twins in the following development: Ontario Place, Peter Gilgan Mississauga Hospital, and the Eglinton Crosstown West expansion. Digital twins are being used to mitigate utility conflicts and ensure all issues are ironed out before these projects develop. The Ontario Government is optimistic about using digital twins to improve the speed of projects, all in a cost-effective way. You can check out the…
In a few weeks, the German government successfully reduced its 50,000 Bitcoin holdings to zero after non-stop sell-offs that sent the crypto market spiralling. However, with the German government done with all its selling, the Bitcoin price, as well as the crypto market, has rebounded in response, rising over 20% since then. Since the BTC price is higher now, here’s how much the German government’s holdings would be if it had not sold. German Government’s 50,000 BTC Would Be Worth $3.27 Billion The German government continued to dump its BTC even after the price had crashed, and by the time…