Kentucky Representative Thomas Massie introduced the Federal Reserve Board Abolition Act in March 2025, aiming to dismantle the Federal Reserve and transfer its assets to the US Treasury within a year. The bill, supported by about two dozen cosponsors and a Senate companion bill by Senator Mike Lee, was inspired by the audiobook The Bitcoin Standard, which advocates for sound money and criticizes central bank policies. While still in early stages with no market impact yet, the bill highlights ongoing debates about the role of central banks and reinforces Bitcoin's position as an alternative monetary system. Massie also supports a related bill for a full audit of the Fed, showing a spectrum of approaches to Federal Reserve reform.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
