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You know it’s serious when the Pentagon doesn’t just rubber stamp a Ukrainian weapons request. Members of Congress sent Lloyd Austin, the head of the Defense Department (and former board member of Raytheon, America’s second largest defense contractor), a letter urging the Pentagon to speed up the process in reviewing Kyiv’s request for hi-tech MQ-1C...
“Clean” Energy isn’t clean. The emissions and impacts on the environment of making EVs, wind turbines and solar panels and associated equipment is an enormous cost often hidden by tallies of the supposed benefits of these technologies. They can’t scale to provide equivalent amounts of energy as current systems, even with enormous expenditures and environmental......
TETHER STABLECOIN MUST PROVE ITS BACKING, SAYS COURT Tether must prove it has 1 to 1 dollar reserves or equivalent backing for its USDT stablecoin. That was the directive last week issued by Judge Katherine Polk Failla of the Southern District of New York’s U.S. District Court, as part of a case that stems back...
In a bid to leverage blockchain technology innovations, Asian banking giant Nomura has made several recent moves, including investing in the Fnality Payments Firm, based in London. According to theblock.co, Nomura has also raised money for a crypto venture fund, and has noted the evolution of DeFi as an important development. “The transformation of financial...
The metaverse and NFTs will likely figure into the near term future of The Disney Company’s theme parks and entertainment creations. The news is significant for the crypto sector, since Disney has long been one of the major movie studios and entertainment companies in the world. Speaking in an interview with Deadline Hollywood, Disney CEO...
Yes, the prognosis continues to look bleaker. The modern story of monetary manipulation by the government via the Fed, marked by spending increasingly unmoored from GDP, is known to TJ readers. The problem has fomented successive bubbles, from dot.com, to real estate, to derivatives. At the moment, the dollar itself is the bubble, as world...
Adden Energy, a start-up spun out of Harvard University, reports having created a battery that can be fully charged in three minutes and will last through 10,000 cycles or 20 years of regular use. At Harvard, engineers used computer power and machine learning to analyze and refine battery chemistry, create novel power cell designs, and...
The world’s expanding population will need more protein, but that same bunch of new people will be competing for land and water with the livestock from which humanity gets most of its protein now—as well as with protein-rich crops such as beans and soy. A solution: a crop that grows in brackish water, thrives in...
A “super-intelligent” artificial intelligence (AI) very likely would become so capable that humans would no longer be able to direct or contain its behavior, several researchers have warned in a study published in the Journal of Artificial Intelligence. Odds are that such an AI eventually will be created, the group said. To control it, scientists......
Sergey Lavrov, Russia’s top diplomat, said in an interview with Newsweek magazine that the U.S. is teetering on the brink of becoming a party to the Ukraine War over its support of Kyiv in its effort against Russia. “Today, western states funnel weapons and military hardware into the neo-Nazi regime in Kyiv, and train Ukraine’s...
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