The United Kingdom government announced plans to mint its own non-fungible token on Monday as part of a quest to become a “global leader” in the cryptocurrency field. City Minister John Glen stated at a fintech event in London that Finance Minister Rishi Sunak has urged the Royal Mint — the government-owned firm responsible for minting…
In a discovery that challenges existing understanding of planetary formation, scientists have discovered a massive planet around nine times the mass of Jupiter at a relatively early stage of formation – describing it as still in the womb. The planet, a gas giant orbiting exceptionally far from its young host star, was discovered and studied…
The final major test of NASA’s Space Launch System (SLS) rocket was called off today due to pressurisation concerns that prohibited technicians from securely loading propellants into the rocket. NASA said on the Artemis I live blog that the test, known as a wet dress rehearsal, has been postponed until at least Monday, April 4th.…
The White House announced Thursday that the US will release 1 million barrels of oil per day from its strategic reserves to help down gas prices and combat inflation across the country. According to a fact sheet provided by the Biden administration, President Joe Biden plans to utilise the nation’s Strategic Petroleum Reserve over the…
Daily drivers and eco-commuters are no longer the only ones benefiting from the electric revolution. Audi, BMW, Mercedes-Benz, and Porsche have already begun to add electric vehicles to their portfolios, while Lamborghini and Ferrari expect their first electric vehicles to arrive in the next several years. Lotus, a British automaker, said on Tuesday that it,…
NASA Administrator Bill Nelson revealed Monday that the Biden administration’s budget request for NASA in 2023 is $26 billion, the biggest request for science in the space agency’s history. According to Nelson, the sum is 8% more than the established federal expenditure levels, or the appropriation bill for fiscal year 2022. “Greater than a number,…
According to Nikkei Asia, Apple is reducing production of its new affordable iPhone SE due to lower-than-expected demand. According to the journal, Apple has requested suppliers to reduce manufacturing of the iPhone SE, its new $429 affordable 5G phone, by roughly 2 million to 3 million devices, or about 20% of initial orders. According to…
In a tweet on Saturday, Elon Musk stated that he is “serious thought” developing a new social media site. Musk’s remark comes after he criticised Twitter, claiming that the network does not allow for free speech. Musk wrote on Friday, “Given that Twitter serves as the de facto public town square, failing to adhere to…
The financial space has been buzzing with discussions about cryptocurrency. Over the past decade, the new financial instrument has attracted swarms of investors hoping to make a big buck by trading cryptocurrency. This era can rightly be termed as the age of smart trading. However, there have always been doubts, skepticism, debates, and confusion about…
The European Union has agreed to new digital legislation aimed at reining in web “gatekeepers” like Google and Facebook’s parent firm, Meta. Late Thursday, EU officials reached an agreement on the text of the bloc’s Digital Markets Act, which is part of a long-awaited overhaul of digital rules with significant ramifications for the global tech…