Volvo Cars secured a special exemption from the U.S. Department of Commerce allowing it to continue importing and selling vehicles with Chinese-connected technology despite new U.S. rules targeting Chinese tech over security concerns. The rules, effective from 2027 model-year vehicles, ban cars with software and hardware developed by Chinese companies. Volvo, majority owned by China's Geely, was at risk due to its Chinese ties but obtained approval after discussions on governance and data security. This clearance enables Volvo to proceed with expanding production in the U.S., including new models at its South Carolina factory.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
