In the vast Mojave Desert, the Mountain Pass mine might look like any other barren landscape, but it holds a crucial piece of America's past and future. This mine was once the world's top supplier of rare earth elements, essential for modern tech and military tech. Back in the 1980s, it provided nearly two-thirds of the global demand for these vital materials. Howeve...
RBC, a major bank, is in hot water. A former employee, Jennifer Caruso-Jones, has accused the bank of creating a "boys' club" atmosphere. She says this led to unfair treatment of women, including lower pay and fewer promotions. The issue came to light when Jennifer filed a lawsuit in a Manhattan court. She worked at RBC for over 13 years. During this time, she claim...
A futuristic aircraft, the X-65, is set to take to the skies in late 2027, pushing back its initial flight date by over two years. This experimental plane, crafted by Aurora Flight Sciences, a Boeing subsidiary, is part of a Defense Advanced Research Projects Agency (DARPA) initiative. Its unique feature? It steers using bursts of air instead of traditional mechanica...
A major U. S. bank is stepping into the world of digital money. BNY, a well-known name in traditional banking, has just launched a new fund. This fund is not for regular investments. It's designed to support stablecoins, a type of digital money that's tied to the value of real-world currencies like the U. S. dollar. Stablecoins are becoming more popular. They're use...
Dunamu, the company behind Upbit, has seen a huge jump in profits. In the third quarter, they made about $165 million. That's a lot more than last year, when they made just $40 million. This big increase shows that the company is doing much better now. What's helping Dunamu grow? A lot of things. For one, more people are trading digital assets. The market has been d...
Ukraine's anti-corruption bodies have recently exposed a major corruption scheme involving the state-owned nuclear energy company. This revelation comes at a time when President Volodymyr Zelensky has been under scrutiny for attempting to weaken these very agencies. The National Anti-Corruption Bureau and the Special Anticorruption Prosecutor's Office have been dili...
FTSE Russell, a big name in the world of financial indexes, has teamed up with Chainlink to bring some serious stock market data to the blockchain. This isn't just any data; we're talking about the Russell 1000, Russell 2000, and Russell 3000 indexes, plus the FTSE 100 and some digital asset benchmarks. This move is a big deal because it shows how blockchain technol...
Boeing has just wrapped up a massive deal. They sold some of their digital aviation businesses to a private equity firm called Thoma Bravo. The price tag? A whopping $10. 55 billion! This sale includes well-known brands like Jeppesen, ForeFlight, AerData, and OzRunways. The new company, Jeppesen ForeFlight, is now on its own. It will have offices in Denver and San F...
Securitize, a company specializing in tokenization, has launched a new fund on the Ethereum network. This fund, called the Securitize Tokenized AAA CLO Fund (STAC), focuses on collateralized loan obligations (CLOs). These are bundles of corporate loans divided into different risk levels. The safest ones, rated AAA, usually attract big investors. BNY, a massive finan...
Circle Internet Financial Ltd. has seen its stock dip by 2% to $133 recently. However, its USDC stablecoin is making significant strides, thanks to the GENIUS Act introduced by the Trump administration. The market cap of USDC has surged by 59% since Trump took office, outpacing Tether's USDT, which grew by 32. 5%. In concrete terms, USDT's market cap increased from ...