Bitcoin from the Satoshi Era Moves After More than a Decade of Inactivity BREAKING: Over 250 BTC from the Satoshi era wallets just moved, valued at million, mined back in January 2009 🤯 In Australia, where cryptocurrency adoption is steadily increasing, this kind of long-term “hodling” resonates with many individuals in the local crypto scene.
Revisions to WA Domestic Gas Regulations and Industry Reaction The Domestic Gas Regulations in Western Australia (WA) have undergone considerable changes, which have been well-received by major figures in the Australian oil and gas industry. The most significant alteration is the removal of the export prohibition on onshore gas production, a move extensively awaited by industry participants.
Ioneer obtains essential permits for Rhyolite Ridge initiative Ioneer Ltd (ASX: INR) has reached a notable achievement by obtaining vital permits for its Rhyolite Ridge lithium-boron initiative in Nevada, USA. This progress brings the company nearer to initiating construction, a crucial phase in furthering its strategic objective of becoming a leading lithium producer in the United States.
FDA Grants Fast Track Status to Amplia Therapeutics’ Narmafotinib Amplia Therapeutics, a biotech company located in Melbourne, has obtained Fast Track Designation from the US Food and Drug Administration (FDA) for its primary product candidate, narmafotinib. This recognition marks a pivotal moment, as it speeds up the regulatory assessment pathway, potentially reducing the drug’s time to reach the market.
Sks Technologies obtains million data centre agreement SKS Technologies (ASX: SKS) has landed a substantial million agreement for a data centre initiative in Melbourne. This contract was granted by Erilyan Projects, a construction firm with which SKS Technologies has a longstanding partnership.
Fisker Group and Auto Parts Manufacturers Encounter Financial Struggles The automotive sector is experiencing significant financial turmoil, with numerous prominent companies opting for Chapter 11 bankruptcy in 2024. Fisker Group, an electric vehicle (EV) producer located in Manhattan Beach, California, became the first car manufacturer to pursue Chapter 11 protection this year, filing on June 18.
Carnival’s Reaction to Hurricane Ernesto In August, Carnival Cruise Line encountered a major operational hurdle as Hurricane Ernesto approached Grand Turk. The *Carnival Magic* was at the port, but with the impending storm, the cruise line was compelled to make the vital choice to evacuate ahead of schedule.
Ford alters direction towards hybrids amid EV hurdles In the previous month, Ford executed a notable shift in its electric vehicle (EV) strategy, surprising both supporters and detractors. The manufacturer revealed a pivot from its ambitious objective of a completely electric range, instead deciding to concentrate on hybrid models.
Hut 8 and BITMAIN Introduce Next-Generation ASIC Miner Featuring DLC Cooling A particularly thrilling aspect of this collaboration is the adaptability it provides Hut 8 in scaling their operations. The commercial agreement encompasses a fixed hosting fee, ensuring cost predictability, alongside a purchase option permitting Hut 8 to acquire the hosted machines in up to three phases.
German banks venture into crypto trading amid rising institutional interest JUST IN: 🇩🇪 0 billion Commerzbank to offer #Bitcoin and crypto trading. Commerzbank, recognized as Germany’s second-largest bank by number of branches, has partnered with Crypto Finance, a subsidiary of Deutsche Boerse, to deliver Bitcoin and cryptocurrency trading services to its corporate clientele.