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The new Nio smartphone, though outwardly resembling a conventional mobile device, harbors unique features that make it a game-changer for Nio’s customers. In a surprising and bold move, Nio Inc (NYSE: NIO), the distinguished Chinese electric car brand, has ventured into the world of smartphones. Nio’s CEO, William Li, recently disclosed
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A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals. Crypto exchange OKX wants its deals with Formula 1 team McLaren and UEFA Champions League-winning team Manchester City to last a decade. The company reportedly spends $25-$50 million per year in its sponsorship deals with the
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US judge sentenced a teenage crypto hacker to return stolen BTC worth nearly $5.2 million and a sports car he bought with the illicit funds. The hacker, identified as Wagaafe Hared, is a teenager from Arizona who was part of a crypto theft ring that has operated since 2016. According to The
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Ryan Salame, the former co-CEO of FTX Digital Markets, has pleaded guilty to charges related to defrauding the United States Federal Election Commission and conspiracy to operate an unlicensed money-transmitting businessAccording to a Sept. 7 announcement from the U.S. Justice Department, Salame pleaded guilty before a judge in the U.S.
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In addition to exploring the Chinese market, Lucid is actively expanding its production capacity at its Arizona factory and preparing to launch its new SUV model called the Gravity. Lucid Motors, a prominent US electric car manufacturer, is actively considering entering the highly competitive electric vehicle (EV) market in China, the
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Since adopting its bitcoin strategy, which is to convert all of its earnings from its core software intelligence business into bitcoin, the company has generated a 254% return, outperforming the cryptocurrency, which has risen 145% since then, according to a research report from TD Cowen. Source
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A Bitcoin-mobile (BTC) piloted by the “Bitcoin Ambassadors” team is competing in the 8,000-kilometer Baltic Sea Circle Rally race, orange-pilling competitors and campsites along the way. The car is adorned and sponsored by Bitcoin companies. Source: CercatrovaTwo Bitcoin advocates, Cercatrova, the democratically elected president of German-speaking Bitcoin community Einundzwanzig, and his
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The electric vehicle (EV) industry, while significantly lowering carbon emissions globally, is still in a battle of adoption against motor vehicles due to a lack of accessibility and functional EV infrastructure. With the global climate crisis well underway, more consumers’ attention has been redirected toward a cleaner, greener focus. Consumers
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Federal prosecutors have accused Wang for agreeing to work for a US subsidiary of a Chinese automaker a few months before he left Apple in 2018. Weibao Wang, a former Apple employee, is now facing major charges of stealing trade secrets from Apple’s self-driving car division and passing on the information
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A crypto user who purchased a luxury car with Bitcoin (BTC) faces 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an illegal act.A recent report by Euronews stated the Casablanca Court of Appeal had upheld the conviction of Thomas
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