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...
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...
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 ...
The U. S. government is diving into the mining world with a significant investment. They've decided to purchase a 10% stake in Trilogy Metals, a Canadian company with ambitious plans for Alaska's Ambler Mining District. This isn't a small gamble; it's a $35. 6 million investment aimed at securing vital minerals. The deal also includes options for the government to bu...
XRP is hanging around the $3 mark, and everyone's buzzing about the first-ever spot XRP ETF making its debut this week. This isn't just any ETF; it's the first of its kind in the U. S. , offering direct exposure to XRP, the world's third-largest cryptocurrency. Some traders think XRP is ready to bounce back. They're looking at charts and signals, like the TD Sequent...
Block Inc. , founded by Jack Dorsey, is a financial technology company that has been deeply involved in the Bitcoin industry through its various subsidiaries. The company, which was originally called Square and was founded in 2009, started integrating Bitcoin into its technology offerings as early as 2014 through its Cash App. This app allows merchants to accept Bitc...
Lionsgate, a big name in entertainment, had a close call with its UK branch, Entertainment One UK Limited. This subsidiary brings in a lot of money, over 176 million pounds. But a simple mix-up almost cost them everything. Here's what happened: HMRC, the UK tax authority, was ready to shut down eOne UK because of an unpaid tax bill. They even started legal action to...