LNG Energy Secures US$13.3 Million Of Non-Dilutive Capital
LNG Energy Group (TSXV: LNGE) has secured further non-dilutive capital as it works to build out its operations in Colombia.
Lucid Produces Fewer Cars In Third Quarter While Deliveries Remain Flat
Lucid Group, Inc. (NASDAQ: LCID) yesterday announced disappointing 3Q 2023 production and delivery statistics. The company produced just 1,550 vehicles in the quarter, down notably from 2,173 in 2Q 2023. As a partial offset, Lucid did say that more than 700 additional vehicles are in transit to Saudi Arabia for final assembly. Lucid delivered 1,457 cars to customers in […]
Digital World Acquisition Corp Indicates Two Years Of Annual Statements Can’t Be Relied Upon
Digital World Acquisition Corp (NASDAQ: DWAC), the special purpose acquisition vehicle that is looking to acquire Donald Trump’s Truth Social, filed a report with the Securities and Exchange Commission this afternoon indicating that its financial reports for the last two years cannot be relied upon. The company indicated that the audit committee concluded that the […]
Binance US Halts All Withdrawals Of US Dollars
Binance.US, a prominent crypto exchange, today announced changes to its terms of use, effectively preventing users from directly withdrawing U.S. dollars from their accounts. As per the updated terms, users seeking to withdraw dollars must first convert these funds to stablecoins or other digital assets, which can then be withdrawn. The move comes after Binance.US […]
Hertz Lithium’s Eco-Friendly Lithium Extraction Tech
In this video interview, the CEO of Hertz Lithium (CSE : HZ), Kal Malhi, sits down with our host to discuss the current state of the lithium market, including the influx of investment in the space, particularly in South America, and the rise of mega battery plants.
Marc Andreessen Calls Sustainable Development Goals An “Enemy” In Manifesto
In a world where the rhetoric around technology has often leaned towards pessimism and caution, Marc Andreessen, co-founder and general partner at venture capital firm Andreessen Horowitz, has unveiled a manifesto that unabashedly champions the limitless potential of technology and the boundless possibilities it offers. In his “Techno-Optimist” manifesto, Andreessen asserts that we have been […]
Highlights Of Nishad Singh’s Testimony Against Sam Bankman-Fried: “I Came To Distrust Him”
In the continuing fraud trial of Sam Bankman-Fried, a high-ranking FTX executive confronted on Monday the former crypto firm chief regarding the mysterious disappearance of billions in customer funds from the crypto exchange. These funds had been funneled to the affiliated trading firm, Alameda Research. Nishad Singh, the former head of engineering at FTX, took […]
Cointelegraph Editor On Bitcoin Spot ETF Tweet Blunder: “It’s A Problem Of The Society”
In a panel interview in Dubai, Cointelegraph Editor-in-Chief Kristina Lucrezia Cornèr addressed the fiasco brought by a now-deleted tweet announcing regulatory approval on a spot exchange-traded fund (ETF) for bitcoin, which was clarified later on to be yet untrue. “Yes, this was disastrous. And this is an example of what can not happen,” Lucrezia said, […]
BC Legislates Against Short-Term Rentals: “Convert To Long-Term Or Sell”
British Columbia’s new legislation regarding short-term rentals is set to implement stricter measures, significantly increasing fines for rule-breaking hosts and introducing new requirements for operators with the goal of bringing more units into the long-term housing market. Premier David Eby and Housing Minister Ravi Kahlon unveiled the Short-Term Accommodations Act on Monday. “There is no […]
ParcelPal Walks From Largest Canadian Customer In Push For Profitability
ParcelPal Logistics (CSE: PKG) is walking away from its largest customer in Canada as it looks to right-size its operations in a push for profitability. The company this morning revealed that it will be placing a focus on its US operations moving forward while working to shed any money losing business units or contracts immediately. […]