Motors used 53% of global electricity in 2023
@IEA data show electric motors use more than half the world’s electricity. Researchers say demand-based speed controls could cut power use and emissions. #Update #EnergyEfficiency
Crypto News
General category for all types of news related to the cryptocurrency world.
Sophon sets Nov. 25 pre-shutdown withdrawal deadline
@Sophon says users must withdraw assets and claim rewards by Nov. 25, when it will begin shutting down mainnet infrastructure. Assets left on-chain may become inaccessible. #Update #Blockchain
Multicoin Shuns AI; HYPE Remains Largest Crypto Bet
@multicoincap, which manages $2.7B, says it will not invest in standalone AI firms. $HYPE is its largest hedge fund holding, underscoring its crypto focus. #Update #Crypto
US bans DeepSeek from civilian agency systems
The US Department of Homeland Security ordered federal civilian agencies to remove @DeepSeek products and stop new purchases, citing data exposure risks and iOS security flaws. #Update #Cybersecurity
Musk: Two Products Will Dominate Tesla’s Value
@Tesla CEO Elon Musk says Optimus robots and driverless Cybercabs will account for most of the company’s future value, outweighing conventional car sales. #Update #Robotics
Robert Kiyosaki Says Losing Everything Was Good
Robert Kiyosaki says losing everything taught him better financial judgment. He warns that ego and dishonest people can put sudden wealth at risk. #Update #Finance
UK men jailed for violent crypto-holder home-invasion
Bristol Crown Court jailed three men for five to six years after they assaulted a man during a failed home invasion targeting cryptocurrency. His teenage sister alerted police. #Update #CryptoCrime @AvonAndSomersetPolice
Missouri Issues Cease-and-Desist Orders to Polymarket, Kalshi
Missouri ordered @Polymarket and @Kalshi to stop offering sports event markets in the state within 30 days, saying the contracts bypass sports betting rules and taxes. #Update #Legal
Payward enters European banking through Saldo deal
@Payward, Kraken’s parent company, has agreed to acquire Lithuania-based @SaldoBank, a move toward licensed European banking. The deal needs regulatory approval. #Update #Banking
Anthropic Gives 5% to Public; Musk Gives SpaceX Shares
@Anthropic plans to put 5% of its shares in a public benefit fund, pending shareholder approval. @elonmusk responded by pledging one @SpaceX share to every U.S. child next year. #Update #AI
South Korea Crypto Tax: 2029 Delay Sought
South Korean officials are set to meet crypto exchanges on October 20 over tax reporting readiness. A proposed delay needs legislative approval; the planned start remains unchanged. #Update #Crypto $BTC
Anthropic Launches Claude Opus 5.5 at 40% Lower Cost
@Anthropic launched Claude Opus 5.5, saying it costs 40% less to run than Opus 5 while delivering faster output and stronger coding results. #Update #AI
Crypto PAC spends $362K in largely-decided race
Protect Progress, an affiliate of @Fairshake, reported spending $362,000 on ads backing California Democrat Aisha Wahab against Melissa Hernandez, whom she defeated in August. #Update #Politics
Visa, Mesh Seek End to Separate Crypto-Card Requirement
@Visa and @Mesh plan to let customers spend crypto wallet balances at Visa checkout terminals, with Mesh handling conversion. No launch date or participating platforms were announced. #Update #CryptoPayments