There have always been questions about the true backing of Tether’s reserves, and rumours have claimed that 85% of its portfolio is held in Chinese and Asian commercial paper. On Wednesday, Tether issued a statement denying these claims as “completely false” and so far, USDT has maintained its peg to the US dollar. Contrary to …
Over the past 24%, Bitcoin prices have fallen more than 5% after recovering some of the losses during the day. At some point, the price of BTC had dropped below $20,200 and was headed for the $20,000 mark not seen since December 2020. The global crypto market has declined 5.32% according to CoinMarketCap over the …
A report by the National Highway Traffic Safety Administration (NHTSA) showed that Teslas had the highest number of crashes caused by advanced driver-assist systems (ADAS). Of all reported cases, Tesla vehicles accounted for 70% of incidents while Alphabet’s Waymo had the most incidents involving autonomous vehicles. The NHTSA report is the first of its kind …
Shares of the world’s fourth-largest automaker – Stellantis, climbed nearly 3% today after announcing that it would begin laying off staff. The layoffs will start next week as early as June 20 at the Sterling Heights, Michigan stamping plant, which also happens to be the world’s largest stamping plant. The Sterling Heights Stellantis plant has …
TotalEnergies along with other major oil and companies and Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) have agreed to a $850 Final Investment Decision (FID). The investment is aimed at increasing Angola’s oil production and taking advantage of the standardisation of subsea equipment. The investment will launch the CLOV Phase 3 Project about …
There have always been questions about the true backing of Tether’s reserves, and rumours have claimed that 85% of its portfolio is held in Chinese and Asian commercial paper. On Wednesday, the company issued a statement denying these claims as “completely false” and so far, USDT has maintained its peg to the US dollar. Contrary …
Over the past 24%, Bitcoin prices have fallen more than 5% after recovering some of the losses during the day. At some point, the price of BTC had dropped below $20,200 and was headed for the $20,000 mark not seen since December 2020. The global crypto market has declined 5.32% according to CoinMarketCap over the …
A report by the National Highway Traffic Safety Administration (NHTSA) showed that Teslas had the highest number of crashes caused by advanced driver-assist systems (ADAS). Of all reported cases, Tesla vehicles accounted for 70% of incidents while Alphabet’s Waymo had the most incidents involving autonomous vehicles. The NHTSA report is the first of its kind …
Shares of the world’s fourth-largest automaker climbed nearly 3% today after announcing that it would begin laying off staff. The layoffs will start next week as early as June 20 at the Sterling Heights, Michigan stamping plant, which also happens to be the world’s largest stamping plant. The Sterling Heights Stellantis plant has 2,184 employees, …
TotalEnergies along with other major oil and companies and Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) have agreed to a $850 Final Investment Decision (FID). The investment is aimed at increasing Angola’s oil production and taking advantage of the standardisation of subsea equipment. The investment will launch the CLOV Phase 3 Project about …