Category: Technologies

In August 2025, the State Enterprise "Diia" held a young for the acquisition of a fancy of software program and {hardware} instruments "Sovereign Synthetic Intelligence Manufacturing unit" value UAH 227.5 million. The winner was LAN TEK LLC with a proposal of UAH 225.891 million.

In August 2025, the State Enterprise "Diia" introduced a young for the procurement of the "Sovereign Synthetic Intelligence Manufacturing unit" software program and {hardware} advanced with an anticipated worth of UAH 227.5 million. LLC "LAN TEK" received with a bid of UAH 225.891 million. Such a major procurement quantity and a discount in value of solely 2 million hryvnias from the anticipated quantity attracts consideration and forces a better have a look at the tender contributors, writes UNN.

A whole bunch of thousands and thousands in two weeks: how Diia's tender was performed

The announcement of the open tender by SE "Diia" was printed on August 7, 2025. The topic of the procurement was the "Sovereign Synthetic Intelligence Manufacturing unit" software program and {hardware} advanced with an anticipated worth of UAH 227,525,000. The deadline for submitting tender proposals, bearing in mind adjustments to the documentation, was set for August 19, which is barely 12 calendar days.

For an everyday procurement, this could possibly be a formality, however on this case, it considerations a extremely advanced high-tech advanced: server tools, specialised graphics accelerators, community infrastructure, knowledge storage, software program for managing computing clusters, and, seemingly, customized integration.

It’s apparent that the technical complexity of the topic of the tender and the extraordinarily tight deadlines narrowed the potential of participation within the tender and created privileged circumstances for the winner. By the best way, it can’t be dominated out that LLC "LAN TEK" may have had entry to details about the preparation of the tender and was in a position to put together prematurely.

In any case, in accordance with the tender necessities, firms with a confirmed excessive stage of partnership with server tools producers; specialised certificates for personnel; and letters of affirmation from producers of key parts, together with international firms akin to Nvidia, may take part within the bidding.

Formally, this seems to be like a priority for high quality. The truth is, such strict necessities are a traditional device for narrowing competitors and guaranteeing the victory of a pre-selected firm. As a result of if the necessities have been shaped for a selected firm, different potential contributors wouldn’t have had time to gather the required bundle of paperwork.

Formally, a number of firms participated within the bidding, and the winner, LLC "LAN TEK", submitted the bottom bid: UAH 225,891,000. In second place was LLC "NETWAVE" with a value supply solely UAH 52,787 greater than the winner's. For a procurement of over UAH 225 million, such a distinction in value supply appears extra symbolic than an actual try and compete for the lot. Due to this fact, plainly the bidding was formal.

In consequence, on September 5, 2025, settlement No. 9051/25 was concluded between SE "Diia" (purchaser) and LLC "LAN TEK" (provider) with a validity interval till December 31, 2026.

"LAN TEK" and "Lantek": a path from Odesa port to Diia's mega-contract

The director of LLC "LAN TEK" is Serhii Finashkin. The final word beneficiary is Oleh Lytvyn from Odesa. This entrepreneur can be the founder, beneficiary, and head of the non-public enterprise "Lantek", which has additionally repeatedly participated in state IT procurements.

PE "Lantek" has repeatedly come below the scrutiny of journalists. For instance, in accordance with media experiences, a court docket in Izmail is contemplating a case relating to the port's buy of laptop tools at inflated costs. In line with the investigation, the enterprise allegedly overpaid greater than UAH 983,000 after an official accepted PE "Lantek"'s industrial supply with out market evaluation. Nonetheless, regardless of the felony proceedings, the corporate concluded different contracts value greater than UAH 131 million throughout 2025.

The corporate "Lantek" was additionally talked about in an investigation by the "Nashi Hroshi" program in 2021. In line with journalists, the State Statistics Service ordered software program updates and digital maps for the inhabitants census for nearly UAH 30 million, and the execution of a part of the work value UAH 2.75 million was entrusted to PE "Lantek", furthermore, within the mode of further related providers towards the background of present contracts.

So, it isn’t the primary time that Oleh Lytvyn's firm wins multi-million tenders for IT providers and tools, whereas in at the very least one case, regulation enforcement officers instantly converse of a possible overestimation of the price by virtually 1,000,000 hryvnias. In opposition to this background, the victory of LLC "LAN TEK", related to the identical beneficiary, in one among Diia's largest tenders, appears not unintentional, however a logical continuation of the historical past of entry to "digital" funds flows.

IE "I-AR-SI", ERC group schemes for billions and connections with Russia

One other participant seems on the horizon of this story – the international enterprise "I-AR-SI". Formally, it isn’t a celebration to the settlement with SE "DIIA". Nonetheless, in accordance with UNN sources, after receiving a 30% advance cost below the contract, LLC "Lan Tek" transferred all funds to the "I-AR-SI" group of firms.

In a lot of felony proceedings, this international enterprise seems as a "entrance firm" within the chain of IT tools provide for state our bodies for value overestimation, and as a device for "cashing out" funds.

In line with registration knowledge, IE "I-AR-SI" is managed by Austrian "ERC Holding GmbH" (90%) and Ukrainian enterprise fund "Forint" (10%). The beneficiaries are Serhii Artiukh, Leonid Stolnikov, Andrii Dehoda.

In 2019, "I-AR-SI" was included within the ranking of the 200 largest firms in Ukraine by income as one of many key gamers within the electronics distribution market.

The truth is, "I-AR-SI" is the central firm of ERC – a bunch of firms within the discipline of distribution of laptop and workplace tools, software program, digital picture and video tools, and so forth. In retail, the corporate is represented by the MOYO model (LLC "NRP"). The group additionally consists of PJSC "EUROTERMINAL" and JSC "AltBank".

The beneficiaries of most firms are the aforementioned Artiukh, Stolnikov, and Andrii Dehoda. On the similar time, within the media, ERC is named the enterprise of the Dehoda brothers – Andrii and Oleksandr.

It must be famous that some firms from the ERC group have already been on the heart of scandals. They have been accused of tax evasion, and of buying and selling family home equipment by a personal "fuel" firm related to NJSC "Naftogaz of Ukraine".

By the best way, the family equipment retailer with the "Naftogaz" sticker continues to be working. And it appeared in the course of the interval when Oleksiy Chernyshov, suspected within the "Midas" case relating to corruption within the vitality sector, headed NJSC "Naftogaz of Ukraine".

It’s attention-grabbing that along with Serhii Artiukh and Leonid Stolnikov, among the many homeowners of "AltBank", which is a part of the ERC group, there was a sure Ihor Olehovych Volokh. Along with Ukrainian citizenship, he additionally had Cypriot and Belarusian citizenship.

From 2005 to 2007, Ihor Volokh was the Deputy Chairman of the Board of Raiffeisen Financial institution Aval. In 2007-2014, he labored because the First Deputy Chairman of the Board of Common Financial institution, and from 2016, he headed the Board of Neos Financial institution, which ultimately grew to become "AltBank" when Dehoda and his companions purchased the financial institution from Mykhailo Fridman. On December 21, 2020, Ihor Volokh was dismissed from the place of Chairman of the Board at his personal request, however for a while he remained a co-owner of the financial institution. As of now, Volokh is not among the many homeowners who’ve share packages bigger than 5%.

In flip, the international enterprise IE "I-AR-SI" is concerned in seven felony proceedings, together with these opened below Article 191 of the Prison Code of Ukraine (appropriation, embezzlement of property or seizure of it by abuse of official place).

In court docket supplies, the corporate is instantly described as a "entrance firm" in schemes of embezzlement of funds funds in IT tenders. For instance, in felony continuing No. 42023000000000246 dated 17.02.2023 relating to the embezzlement of UAH 10 million in tenders for IT providers and tools for the "Okhmatdyt" kids's hospital, investigators point out that the value of kit was inflated by 20-60%, and among the tools was bought "contraband" after which bought by IE "I-AR-SI", which ensured the conversion of funds into money and the sale of "schematic" VAT credit score.

"It was additionally established that within the interval 2020-2022, about UAH 30 million was transferred to the accounts of IE "I-AR-SI" by the required enterprise entities, of which about UAH 20 million was transformed into money by finishing up non-commodity operations," states one of many court docket choices.

The international enterprise additionally seems in case No. 42023000000000108 relating to one of many distributors of Apple tools in Ukraine. The felony continuing is said to alleged falsification of reporting to keep away from tax funds. Right here, IE "I-AR-SI" once more seems as a big provider, by which tons of of thousands and thousands of hryvnias of turnover cross with apparent substitution of nomenclature and non-commodity operations.

One other continuing, No. 52022000000000243, wherein "I-AR-SI" is concerned, is being investigated by the Nationwide Anti-Corruption Bureau of Ukraine (NABU) relating to SE "Heart of State Land Cadastre" and LLC "Firm KIT". In line with the investigation, servers have been bought from a international vendor for about UAH 3.7-3.45 million, resold to IE "I-AR-SI" with a 35% markup, after which bought by SE "Heart of State Land Cadastre" with a margin of over 279-412% on every unit of kit.

"I-AR-SI" additionally seems in felony continuing No. 42021140000000229 relating to the embezzlement of state funds by officers of the State Enterprise "Lviv Worldwide Airport named after Danylo Halytskyi" in a young for the procurement of IT tools. IE "I-AR-SI" seems as a entrance firm within the provide chain.

So the scheme is identical in every single place: a bunch of interconnected IT firms enters state tenders, artificially narrows competitors, inflates costs, and a "entrance firm" essentially seems within the provide chain, by which superprofits are withdrawn and fictitious VAT credit are shaped.

Russian path and dangers to crucial infrastructure

Most apparently, the international enterprise "I-AR-SI" can’t solely trigger monetary harm to the state within the type of unpaid taxes, but additionally pose a severe menace to nationwide safety.

As is already clear, this international firm is fascinated with contracts solely with state enterprises. What if these state enterprises are crucial? What if they’re on this firm solely within the context of entry to necessary info? What if this info can then fall into the arms of the enemy – the Russian Federation?

The Foremost Investigation Division of the SBU from 2021 to 2024 investigated felony continuing No. 42021000000000647, wherein Russian industrial buildings "Borlas group" and CJSC "RDTECH" are concerned. In line with the investigation, by their Ukrainian subsidiaries – LLC "RDTECH", "BSS Ukraine", "OS Consulting" and others – they applied and supported software program and {hardware} options for the NBU, the Ministry of Finance, Oschadbank, central authorities our bodies.

"Obtainable info signifies that JSC "RDTECH" can perform distant entry to company servers of a bunch of associated enterprise entities LLC "RDTECH", LLC "OS Consulting", LLC "BSS Ukraine", together with these concerned in technical help of software program and {hardware} built-in into info and telecommunication methods of state establishments, regulation enforcement businesses, telecommunication operators, banking establishments, and so forth., the place info with restricted entry circulates, the safety of which is required by present laws of Ukraine. As well as, officers of LLC "RDTECH", LLC "OS Consulting", LLC "BSS Ukraine" by utilizing particular software program by way of the Web, below the pretext of finishing up technical work and upkeep, periodically achieve entry to the knowledge methods of the above-mentioned establishments," states the court docket supplies.

Investigators point out that such entry to databases and knowledge and telecommunication methods of crucial infrastructure allowed the Russian aspect to acquire confidential info, together with within the pursuits of Russian regulation enforcement businesses, and on the similar time to shadow the Ukrainian financial system by a community of "fictitious" counterparties. Finally, the case was closed, however it’s attention-grabbing that among the many "entrance firms" talked about by the investigators, there’s additionally IE "I-AR-SI".

In opposition to this background, the story of the "Sovereign Synthetic Intelligence Manufacturing unit" takes on a brand new shade, as a result of it isn’t simply concerning the buy of one other batch of servers, however concerning the foundation of the state AI cluster, which can course of large quantities of knowledge of Ukrainians, companies, and the state.

It’s apparent that if firms with a Russian path or buildings that regulation enforcement officers already suspect of schemes for withdrawing funds seem within the chain of implementation of such methods, this creates not solely corruption dangers, but additionally a direct menace to state safety.

Recall

Earlier, MP Oleksandr Fediienko said {that a} file with private knowledge of about 20 million Ukrainians was present in open entry.

MP Yaroslav Zhelezniak commented on the assertion of his colleague Oleksandr Fediienko concerning the knowledge leak of about 20 million Ukrainians, stating that it was an previous leak, from an previous leak of the "Diia" database of three.5 million rows. "Diia" itself denied the details about knowledge leaks.

Wyoming-chartered crypto financial institution Custodia has filed a petition with the total Tenth Circuit Courtroom of Appeals, looking for reconsideration of the Federal Reserve’s denial of its grasp account software, escalating a five-year authorized battle.

The financial institution argues that the October panel resolution misinterpreted federal legislation and raises constitutional issues in regards to the Fed’s authority.

The petition, filed on December 15, requests en banc assessment, asking all lively circuit judges to look at whether or not regional Federal Reserve Banks can train unreviewable discretion over grasp account entry for legally eligible establishments.

Custodia contends the three-judge panel’s 2-1 ruling conflicts with the Financial Management Act’s mandate that fee companies “shall be obtainable” to nonmember depository establishments, creating what it describes as an unconstitutional veto energy over state banking charters.

NEW: Wyoming crypto financial institution @custodiabank has filed a petition for rehearing en banc, which means it’s asking the total Tenth Circuit (not simply the unique three-judge panel) to rethink its October resolution siding with the @federalreserve in denying Custodia a grasp account.
The… pic.twitter.com/RDfeorIKGc

— Eleanor Terrett (@EleanorTerrett) December 16, 2025

State Banking Authority Below Risk

The submitting raises federalism issues in regards to the Fed successfully overriding Wyoming’s 2020 resolution to constitution Custodia as a Particular Objective Depository Establishment.

With out grasp account entry, the financial institution can not make the most of core Federal Reserve fee companies, together with wire transfers and automatic clearinghouse techniques, rendering its state-issued constitution largely meaningless regardless of assembly all statutory eligibility necessities.

“When the Fed denies a grasp account to a state-chartered monetary establishment, it successfully vetoes a financial institution constitution that State regulators have accredited,” the petition states.

Wyoming created its SPDI framework particularly to draw digital asset firms, requiring 100% reserve backing and prohibiting lending to scale back threat.

Custodia argues the Fed’s rejection undermines this fastidiously crafted state regulatory regime designed to foster blockchain innovation inside stringent security parameters.

The constitutional implications lengthen past federalism.

Custodia’s authorized staff contends that if regional Reserve Financial institution presidents maintain unreviewable discretion over grasp accounts, they successfully turn out to be “Officers of america” wielding vital govt authority with out correct constitutional appointment.

Federal Reserve Financial institution presidents are chosen by non-public financial institution administrators and accredited by the Board of Governors, a course of Custodia argues violates the Appointments Clause if these officers train the discretionary energy the bulk opinion affirmed.

Deep Judicial Cut up Emerges

The petition highlights rising disagreement amongst Tenth Circuit judges on statutory interpretation.

Decide Timothy Tymkovich’s dissent joined Decide Bacharach’s 2017 opinion in Fourth Nook Credit score Union v. Federal Reserve Financial institution of Kansas Metropolis, making a 2-2 break up amongst circuit judges on whether or not the Financial Management Act mandates grasp account entry.

Tymkovich wrote that the Fed’s interpretation grants “unreviewable discretion” that raises “thorny questions” underneath Article II whereas contradicting the MCA’s plain language, which requires companies to be “obtainable to nonmember depository establishments.“

The Kansas Metropolis Fed denied Custodia’s software in January 2023 after 27 months of assessment, citing dangers from its “crypto-asset actions” regardless of initially telling the financial institution there have been “no showstoppers” with its software.

A federal appeals court docket in Denver has upheld the Federal Reserve’s proper to disclaim crypto-focused financial institution @custodiabank entry to a grasp account.#Crypto #Custodiahttps://t.co/MAHuPSXT5x

— Cryptonews.com (@cryptonews) November 1, 2025

Inner Fed paperwork revealed that workers deemed Custodia’s capital “ample” and praised its “spectacular” govt staff, just for Board of Governors officers to intervene.

Federal Reserve Governor Christopher Waller has since acknowledged publicly that the Fed possesses adequate instruments to handle dangers with out denying grasp accounts totally.

In an October interview, Waller recommended the Fed can “tailor” account constructions to match particular person financial institution threat profiles, undermining the need argument for blanket denials.

OCC Exposes Systematic Crypto Debanking

Custodia’s authorized combat unfolds as federal regulators confront widespread debanking practices concentrating on crypto corporations.

The Workplace of the Comptroller of the Forex launched findings in December displaying all 9 largest nationwide banks imposed “inappropriate” restrictions on lawful companies, together with digital asset firms, between 2020 and 2023.

JPMorgan Chase, Financial institution of America, Citibank, Wells Fargo, and others maintained inner insurance policies requiring escalated approvals or imposing blanket restrictions on sectors deemed to battle with institutional values.

The assessment examined hundreds of complaints about political and spiritual debanking, in addition to crypto exclusions.

@USOCC reveals 9 main banks, together with @jpmorgan “debanked” crypto and different lawful industries with inappropriate restrictions #CryptoNews #Bankinghttps://t.co/hZYJOCY88v

— Cryptonews.com (@cryptonews) December 11, 2025

Banks insisted they didn’t discriminate, however the OCC discovered many restrictive insurance policies have been publicly seen.

Actually, Strike CEO Jack Mallers not too long ago claimed his accounts have been abruptly closed underneath imprecise references to “regarding exercise,” fueling allegations of coordinated exclusion regardless of regulatory denials.

The controversy intensified after President Trump signed an govt order in August supposed to forestall banks from debanking prospects solely for crypto-related exercise.

The put up Wyoming Crypto Financial institution Information Petition Demanding Full Courtroom Evaluate of Fed Account Denial appeared first on Cryptonews.

The Monetary Stability Oversight Council has eliminated crypto from its record of systemic monetary threats in its 2025 annual report. It is a dramatic regulatory shift attributable to the transformation occurring below the Trump administration.

The 86-page doc, authorised December 11, eliminates the dire warnings about digital property that dominated earlier years, as an alternative emphasizing accountable progress and regulatory readability for the sector.

The FSOC’s newest evaluation contrasts sharply with its 2024 report, which warned that stablecoins represented an acute vulnerability to runs absent applicable risk-management requirements.

This 12 months’s report acknowledges crypto’s function in innovation and financial growth, whereas noting that current legislative progress has addressed most of the considerations that beforehand existed.

The council now describes digital property as facilitating safe, environment friendly transactions by way of distributed ledger expertise somewhat than framing them as destabilizing forces.

Legislative Progress and Banking Entry Reforms

The transformation stems largely from the passage of the GENIUS Act in July, which established America’s first complete federal framework for cost stablecoins.

The laws requires licensed issuers to keep up reserves in extremely liquid property, equivalent to U.S. Treasuries, and prohibits rehypothecation aside from restricted functions.

Treasury Secretary Scott Bessent famous within the report that continued use of dollar-denominated stablecoins helps the greenback’s function in worldwide finance.

Past stablecoins, federal businesses have systematically withdrawn restrictive steering that beforehand discouraged banks from participating with crypto companies.

The SEC eradicated prior-notification necessities for providing digital asset custody providers, whereas banking regulators rescinded joint statements that successfully pushed crypto exercise exterior conventional finance.

The Federal Reserve ended its novel actions supervision program, returning oversight to regular supervisory processes.

The Workplace of the Comptroller of the Forex launched preliminary findings exhibiting all 9 largest nationwide banks imposed inappropriate restrictions on lawful crypto companies between 2020 and 2023.

JPMorgan Chase, Financial institution of America, Citibank, Wells Fargo, and others maintained inside insurance policies requiring escalated approvals or blanket limitations on digital asset firms, alongside sectors equivalent to firearms and grownup leisure.

Comptroller Jonathan Gould described the practices as “dangerous to lawful enterprises” and an inappropriate use of nationwide financial institution charters.

The findings construct on President Trump’s August government order guaranteeing truthful banking entry and state-level truthful entry legal guidelines in Florida, Idaho, and Tennessee, designed to stop ideological account closures.

Market Construction Laws Races Senate Deadline

Final week, Senator Cynthia Lummis pushed for speedy Senate Banking Committee markup of the Accountable Monetary Innovation Act earlier than the vacation recess, warning negotiations can’t drift into February with out risking election-year paralysis.

She informed the Blockchain Affiliation Coverage Summit that bipartisan drafts have been rewritten repeatedly, exhausting workers members as lawmakers wrestle to reconcile the Home and Senate approaches to defining which tokens fall exterior securities classification.

@SenLummis says she needs a markup on the crypto market construction invoice subsequent week at the same time as workers are “exhausted” from nonstop revisions. #Crypto #USPolicy #Lummishttps://t.co/RadNIvnWLp

— Cryptonews.com (@cryptonews) December 9, 2025

The Home handed the Digital Asset Market Readability Act in July, giving the CFTC major oversight of digital commodities whereas preserving SEC authority over fundraising.

The Senate model makes use of the time period “ancillary property” and faces pressure over decentralized finance regulation.

Senator Thom Tillis warned that lacking the December window might freeze the invoice for the remainder of 2026.

Nevertheless, Senator Mark Warner additionally instructed finishing every thing earlier than the vacation recess can be tough, noting the White Home nonetheless hadn’t supplied ultimate language on quorum and ethics guidelines.

Conventional Finance Embraces Tokenized Merchandise

JPMorgan Chase demonstrated the sector’s mainstreaming by launching its first tokenized money-market fund on the Ethereum community.

The My OnChain Internet Yield Fund begins with $100 million of the financial institution’s capital earlier than opening to certified traders with minimal investments of $1 million.

The MONY fund accepts subscriptions in money or USDC, demonstrating institutional adoption of crypto-native cost rails for settlement alongside conventional money.

JPMorgan is launching its first tokenized money-market fund on Ethereum, experiences the WSJ. #JPMorgan #Ethereum https://t.co/bjjIFNFRnJ

— Cryptonews.com (@cryptonews) December 15, 2025

The launch follows the GENIUS Act’s regulatory readability, with Wall Avenue accelerating tokenization efforts throughout equities, bonds, and real-world property.

John Donohue, JPMorgan’s world liquidity head, cited a “huge quantity of curiosity from shoppers round tokenization” and the financial institution’s intention to guide the area with product lineups that match conventional money-market fund decisions on the blockchain.

The combination of blockchain into core monetary merchandise, as soon as thought-about distant from crypto, signifies the expertise is progressing from experimental to infrastructure-grade standing inside conventional finance.

The publish US Monetary Watchdog No Longer Sees Crypto as Systemic Menace: Report appeared first on Cryptonews.

Chinese language automaker BYD has considerably prolonged the battery guarantee protection for its electrical automobiles in Europe to eight years or 250,000 km. This new coverage exceeds trade requirements and places strain on opponents.

Chinese language automaker BYD is taking a major step to spice up confidence in its electrical automobiles in Europe, saying a significant replace to its guarantee phrases, extending battery guarantee protection to eight years or 250,000 km, whichever comes first, Electrek studies, writes UNN.

Particulars

This new coverage considerably surpasses the trade commonplace and places strain on opponents corresponding to Tesla and Volkswagen to comply with go well with.

The announcement was made by means of BYD Europe's official channels, confirming that the brand new guarantee phrases apply to its "new power car" (NEV) lineup within the area.

Beforehand, BYD provided a guaranty extra in step with the trade common, sometimes round 8 years or 160,000 km, with some variations corresponding to 200,000 km in choose markets. This improve to 250,000 km is a major mileage improve, successfully concentrating on high-mileage drivers, taxis, and Uber drivers who could also be involved about long-term degradation.

For context, right here's how BYD's new guarantee compares to main opponents in Europe:

• BYD (new): 8 years / 250,000 km;
• Tesla (Mannequin 3/Y RWD): 8 years / 160,000 km
• Tesla (Lengthy Vary/Perf): 8 years / 192,000 km;
• Volkswagen (ID. Collection): 8 years / 160,000 km;
• Hyundai/Kia: 8 years / 160,000 km.

As will be seen, BYD now presents nearly 60% extra mileage than the usual guarantee offered by Volkswagen and fundamental Tesla fashions. Even in comparison with Tesla's Lengthy Vary guarantee, BYD presents an extra 58,000 km.

This transfer is made doable by BYD's confidence in its Blade Battery know-how, which, curiously, is utilized by opponents corresponding to Tesla, the publication notes.

The Blade Battery makes use of a lithium iron phosphate (LFP) chemistry, identified for its longer lifespan than the nickel-cobalt-manganese (NCM) cells historically utilized in long-range electrical automobiles.

BYD typically claims that the Blade Battery can face up to over 3,000 cost cycles whereas sustaining acceptable capability. Even with a linear degradation to 70% capability over this lifespan, 3,000 cycles on a car with a beginning vary of 400 km would nonetheless end in roughly 1 million kilometers of complete lifespan. Due to this fact, because the publication notes, the 250,000 km guarantee stays fairly conservative for the chemistry, even whether it is aggressive for the market.

This comes as BYD continues its aggressive growth in Europe, having just lately launched the Sealion 7 and up to date variations of the Seal and Atto 3.

BYD surpasses Tesla for the primary time in Europe: Chinese language producer leads in electrical car sales22.05.25, 18:45 • 2861 view

An AI Agent whale has simply turned one in every of this yr’s loudest narratives into an costly lesson, unloading a basket of agent tokens purchased for $31.12M and getting again solely $2.57M, in accordance with on-chain information posted from Ember.

The pockets constructed its positions initially of the yr in the course of the peak of the AI Agent narrative, when capital chased something linked to autonomous buying and selling bots and AI-powered execution.

With liquidity now skinny and sentiment cooler, the identical bets have been closed at a lack of about $28.54 million, or roughly 92%.

Token by token, the harm is stark. The whale misplaced about 91%, or $15.89M, on AIXBT and 92%, or $9.87M, on FAI.

太惨烈了~
一个巨鲸在年初的 AI Agent 热潮中用 $3112 万资金购买了多个 AI Agent 代币，如今随着浪潮退下，他在今天上午清仓割掉了这些 AI Agent 代币。他 $3112 万资金只卖回成 $257 万，亏损高达 $2854 万 (-92%)。$AIXBT ：亏损了 91% ($1589 万)；$FAI ：亏损了 92% ($987 万)；$NFTXBT… pic.twitter.com/P0KTfUdqXn

— 余烬 (@EmberCN) December 16, 2025

Aggressive Promote-Off Hammers AI Agent Tokens With Losses Throughout the Board

Positions in NFTXBT and POLY, each from the Virtuals ecosystem, had been practically worn out with losses of 99%, equal to round $690,000 and $780,000 respectively.

The e-book didn’t fare a lot better elsewhere. BOTTO, an AI-driven artwork and curation challenge, produced an 84% hit of about $930,000. MAICRO, one other Virtuals-linked agent token, value the pockets roughly $380,000, a 90% drawdown versus its entry.

As a result of order books in these names are actually shallow, the pressured exit hit costs in actual time.

Ember’s breakdown reveals AIXBT falling about 10% in the course of the promoting, FAI dropping 8% and NFTXBT sliding 29%. BOTTO sank 32%, MAICRO tumbled 48% and POLY declined 26% because the whale labored its approach by way of positions.

Arkham Reveals Giant-Scale Promote-Off as AI Agent Hype Fades

Screenshots from Arkham’s explorer level to a sequence of transfers between the whale tackle and liquidity swimming pools, with tens of thousands and thousands of tokens in every challenge transferring in fast succession. The flows recommend a deliberate resolution to capitulate fairly than a sluggish rebalance, locking in losses as an alternative of ready for a contemporary burst of AI Agent hypothesis.

For market contributors who rode the identical theme, the episode is a reminder of how narrative-driven sectors can behave as soon as consideration shifts elsewhere. Many AI Agent tokens launched into the tail finish of the broader AI mania and by no means constructed the depth or natural utilization that help massive tickets on the way in which out.

The liquidation additionally reveals the bounds of whale dimension in illiquid corners of crypto. Measurement that helps drive efficiency in the course of the preliminary run-up can flip right into a legal responsibility when liquidity dries up, since each try to exit pushes costs decrease and erodes restoration worth.

For merchants nonetheless navigating the brokers meta, the whale’s exit cuts each methods. It’s a sharp reminder that late-stage narratives can punish even deep wallets, but some might view the flush as clearing stale provide from skinny markets.

The put up Whale Unwinds AI Agent Positions at 92% Loss After Market Hunch appeared first on Cryptonews.

Cryptocurrency markets opened the day below broad stress, with losses accelerating throughout main sectors as threat sentiment deteriorated sharply. DePIN tokens led the sell-off, sliding practically 6%, whereas Bitcoin fell 4% to interrupt under the $86,000 stage and Ethereum dropped greater than 4% under $3,000. Weak spot prolonged throughout Layer 1s, Layer 2s, DeFi, PayFi, and CeFi, accompanied by heavy liquidations totaling $583 million over the previous 24 hours, overwhelmingly skewed towards lengthy positions. The sharp downturn has pushed market psychology deeper into panic territory, with the Crypto Concern & Greed Index falling to 11, signaling excessive worry.

However what else is occurring in crypto information right now? Observe our up-to-date reside protection under.

The put up [LIVE] Crypto Information In the present day: Newest Updates for Dec. 16, 2025 – Bitcoin Drops Below $86,000 as Excessive Concern Deepens Crypto Market Rout appeared first on Cryptonews.

Tesla's board of administrators earned over $3 billion in inventory awards, considerably exceeding the worth of opponents' awards. Elon Musk's brother, Kimbal, earned practically $1 billion, whereas Ira Ehrenpreis and Robyn Denholm obtained $869 million and $650 million, respectively.

Tesla's board of administrators has earned over $3 billion in inventory awards, considerably exceeding the worth of awards granted to opponents of main US tech companies on the time they have been paid, based on an evaluation carried out for Reuters by compensation and governance specialist Equilar, UNN experiences.

Particulars

The evaluation confirmed that CEO Elon Musk's brother, Kimball, has earned practically $1 billion since 2004, primarily based on the elevated worth of inventory choices held or liquidated. Director Ira Ehrenpreis has collected $869 million since 2007. Board Chair Robyn Denholm has earned $650 million since 2014.

Administrators obtained such windfalls regardless that they haven’t granted themselves new inventory awards since 2020. The board agreed to droop director compensation beginning in 2021 to settle a shareholder lawsuit alleging extreme pay for board members. Nonetheless, between 2018 and 2020, the typical Tesla (TSLA.O) director obtained a complete of about $12 million in money and inventory compensation. That is roughly eight occasions greater than the typical earnings of an Alphabet director, the subsequent highest-paid among the many "Magnificent Seven" corporations throughout the identical interval.

EU automobile market grew by 5.8% in October: electrical vehicles fashionable regardless of falling Tesla sales25.11.25, 14:13 • 2217 views

The worth of those preliminary awards soared together with Tesla's inventory value in subsequent years. This additionally applies to the six different companies within the "Magnificent Seven" – Nvidia (NVDA.O), Alphabet (GOOGL.O), Meta (META.O), Apple (AAPL.O), Microsoft (MSFT.O), and Amazon (AMZN.O) – so named as a result of their hovering inventory costs have been a significant driver of the extended bull market.

However Tesla is the one firm amongst this cohort the place the dimensions of administrators' preliminary inventory awards performed such an outsized function within the immense wealth they earned from this part-time job, because the Equilar evaluation exhibits. The typical compensation for Tesla administrators between 2018 and 2024, together with 4 years of suspended funds, was nonetheless two and a half occasions increased than that of Meta administrators, the subsequent highest-paid over the seven-year interval.

In an announcement to Reuters, a Tesla spokesperson stated that its administrators' compensation "shouldn’t be extreme, however immediately linked to inventory efficiency and shareholder worth creation." The assertion added that board members present extraordinary service to Tesla and dedicate "a big quantity of effort and time," for instance, attending 58 full board or committee conferences in 2024. The spokesperson stated that the frequency of conferences considerably exceeded business norms.

Morgan Stanley downgrades Tesla: what was the explanation?08.12.25, 19:18 • 4230 views

Tesla's board additionally paid itself in inventory choices fairly than shares, a uncommon follow criticized by some company governance specialists as a result of it will increase administrators' upside potential with out draw back threat. Tesla administrators have already exercised choices price tens or a whole bunch of hundreds of thousands of {dollars}, but additionally proceed to carry equally giant quantities, as Equilar discovered.

Inventory choices are the suitable to purchase firm shares after a sure interval at a predetermined value. Possibility holders face no threat, company governance specialists say, as a result of they don’t seem to be obligated to purchase shares if their worth falls beneath the set value. If it rises, they will purchase shares at a reduction and instantly promote them for a revenue.

As an alternative, many company governance specialists advise boards to pay administrators in shares to align their pursuits with shareholders. When administrators immediately personal shares, fairly than choices to purchase shares, the worth of their holdings falls if their firm's inventory value declines. In response to the Nationwide Affiliation of Company Administrators, solely 5% of the 200 largest S&P 500 corporations by income challenge director choices.

A Tesla spokesperson stated that choices create a extra "dangerous" incentive construction for administrators, as they solely obtain compensation if the inventory worth will increase. Administrators of different companies who obtain shares nonetheless obtain some worth, even when inventory costs fall, "so long as the inventory is price greater than $0," the spokesperson stated.

Tesla plummets in Europe: registrations down 36% in November04.12.25, 15:43 • 3105 views

4 company governance specialists who reviewed the Equilar evaluation for Reuters stated that the extraordinary compensation of Tesla's board undermines the administrators' independence in overseeing Tesla and its CEO, Elon Musk.

"Tesla administrators are extremely overpaid," stated Douglas Chia, an unbiased company governance marketing consultant at Soundboard Governance LLC. "Are you actually incentivized to do a greater job by being paid a lot? In all probability not."

Charles Elson, founding director of the College of Delaware's company governance institute, acknowledged Tesla's argument that administrators solely earn a living when the corporate's inventory rises. However Elson and others advocate paying administrators in restricted inventory, which features a vesting interval, to higher align their pursuits with shareholders who can each make and lose cash by proudly owning shares. Moreover, he stated, choices are sometimes extra profitable for administrators as a result of they "are likely to considerably leverage returns."

Along with the shareholder lawsuit, Tesla's board compensation additionally got here below hearth final 12 months attributable to a Delaware courtroom ruling that invalidated a pay package deal granted by the board to Musk in 2018, which is price $132 billion on the firm's present inventory value. The decide discovered that the extreme compensation of board members and their private ties to Musk compromised negotiations over the CEO's pay. The board appealed and promised Musk a alternative package deal price no less than $42 billion in the event that they lose.

In September, the board proposed a brand new compensation package deal for Musk that would present him with as much as $1 trillion in Tesla inventory over the subsequent decade, price about $878 billion after deducting the quantity Musk must pay for the shares. Every of those packages alone would make Musk the highest-paid CEO in historical past – a title he already holds primarily based on his earnings at Tesla up to now.

Each second imported used automobile below 5 years outdated in October was an electrical automobile: Tesla is the bestseller24.11.25, 09:59 • 2582 views

Whale exercise round SHIB has all of the sudden surged, and it might spell bother for the bulls.

Over 1 trillion SHIB tokens, value greater than $8 million, had been moved to exchanges in simply 24 hours final week, elevating questions on what’s coming subsequent for the Shiba Inu worth prediction.

Information from Santiment reveals massive holders are positioning for a doable sell-off, a transfer that always indicators rising promoting strain.

Shiba Inu has seen the very best quantity of whale transfers since June sixth right this moment, taking place in tandem with a +1.06T internet change to the quantity of $SHIB on exchanges. The #24 market cap in crypto is prone to see excessive volatility within the coming days. pic.twitter.com/64slL6tGVw

— Santiment (@santimentfeed) December 9, 2025

Whereas not at all times the beginning of a crash, these sorts of inflows have a tendency to verify the present pattern, which, in SHIB’s case, remains to be heading decrease.

Over the previous 30 days, SHIB has dropped 9.4%, and for the reason that starting of the 12 months, it has misplaced 61%, as merchants proceed to rotate out of meme cash.

Shiba Inu Value Prediction: Regardless of Bearish Information, SHIB Appears to be like Bullish

Shiba Inu lately bounced from assist at $0.0000077, however promoting strain returned shortly because it approached the $0.0000095 resistance zone.

A descending worth channel has been in play for months, and SHIB now seems to be set to retest the $0.0000077 stage once more, pointing to a doable 6% draw back within the quick time period.

Nonetheless, a possible reversal is on the desk.

If SHIB types a double backside at this stage, it might spark a bounce towards the highest of the channel.

The Relative Energy Index (RSI) can also be flashing a bullish divergence, exhibiting rising momentum whilst worth developments decrease, a traditional signal {that a} native backside could also be forming.

As meme cash start exhibiting early indicators of power, one new presale is standing out.

Maxi Doge ($MAXI) is capturing the spirit of Dogecoin’s early days and turning it right into a contemporary new meme coin the place holders can share early alternatives and buying and selling setups.

Maxi Doge ($MAXI): The Meme Coin Merchants Can’t Cease Speaking About

In a market the place early entries matter, Maxi Doge ($MAXI) is constructing a high-energy neighborhood the place merchants brazenly share buying and selling setups, early performs, and insights earlier than they go mainstream.

$MAXI is an Ethereum meme coin powered by the spirit of the unique Doge however this model is wired with caffeine, chart obsession, and pure bull market vitality.

The venture has shortly caught the eye of degens and merchants alike, due to its mixture of humor, competitors, and actual buying and selling tradition.

With challenges like Maxi Ripped and Maxi Beneficial properties, high ROI hunters can win prizes and earn severe bragging rights.

It’s a token constructed for individuals who thrive on danger, embrace momentum, and need to be a part of the following massive meme-fueled transfer.

To purchase $MAXI and be a part of the pump, merely head to the official Maxi Doge web site and hyperlink up any appropriate pockets (e.g. Greatest Pockets).

You may swap current crypto or use a financial institution card to finish the $MAXI buy in seconds.

Go to the Official Maxi Doge Web site Right here

The submit Shiba Inu Value Prediction: 1 Trillion SHIB Hits Exchanges – What Are Whales Planning Behind the Scenes? appeared first on Cryptonews.

XRP has hovered across the $2 degree for days, bouncing off assist a number of occasions however missing the energy to push by the most recent wave of promoting strain.

Nonetheless, historic patterns assist a bullish XRP value prediction, and right here’s why.

Standard dealer Steph is Crypto not too long ago shared a chart exhibiting a transparent similarity to XRP’s 2017 accumulation part, when the token was buying and selling at simply $0.25.

What adopted was a large rally that despatched XRP to its all-time excessive inside a 12 months, and a few consider the setup at the moment might result in one thing related.

$XRP is about to blow up, similar to it did in 2017.
Buckle up! pic.twitter.com/hTISvgpa0q

— STEPH IS CRYPTO (@Steph_iscrypto) December 14, 2025

Steph recognized the same accumulation sample forming this 12 months, proper after XRP broke above the $1.70 degree.

Again in January 2018, XRP reached $3.84, delivering a large 1,440% achieve for many who purchased over the past main accumulation part.

XRP Value Prediction: Transfer Above $2.20 May Set Issues in Movement

Wanting on the day by day chart, XRP has fashioned a falling wedge over the previous few months, ensuing from the sharp decline over the previous few months.

The value has now compressed across the $2 mark, making this a key degree to observe carefully within the coming days.

A breakout above $2.20 might flip the script solely, invalidating the present bearish construction and doubtlessly kicking off XRP’s subsequent main transfer.

If that occurs, the primary goal on this timeframe could be the 200-day EMA at $2.44, providing a fast 20% upside, with a bigger transfer towards $3 prone to comply with.

Ought to momentum proceed constructing, the daring prediction shared by Steph is Crypto might begin to play out within the months forward, particularly as crypto adoption continues to speed up.

Identical to XRP, early-stage presales are beginning to achieve consideration, and few stand out greater than Bitcoin Hyper ($HYPER).

This presale has already raised almost $40 million to launch a Solana-powered Layer 2 for Bitcoin, giving early patrons publicity to some of the bold upgrades the Bitcoin ecosystem has seen.

Bitcoin Hyper ($HYPER) Unlocks Bitcoin’s Untapped Potential Utilizing Solana’s Know-how

Bitcoin Hyper ($HYPER) is unlocking the subsequent chapter for Bitcoin by delivering a strong Layer 2 scaling answer that would reshape all the ecosystem.

Constructed utilizing Solana’s high-speed tech, this chain cuts transaction prices and boosts velocity, permitting builders to launch Bitcoin-native DeFi apps, fee techniques, NFT platforms, and even meme coin launchpads.

As high wallets and exchanges start integrating the community, demand for the $HYPER utility token is anticipated to surge.

Early patrons stand to profit probably the most, with sturdy upside potential as adoption accelerates.

The following value enhance is approaching, and getting in now’s fast and simple:

Go to the official Bitcoin Hyper web site and join any supported pockets, equivalent to Greatest Pockets.

You may swap current crypto or pay with a financial institution card in just some clicks.

Go to the Official Bitcoin Hyper Web site Right here

The submit XRP Value Prediction: XRP is Making ready for a Violent Transfer – Will it Explode Up or Down? appeared first on Cryptonews.

Ukraine is growing the manufacturing of motors for interceptor drones, able to accelerating them as much as 400 km/h. The corporate Motor-G produces over 100,000 motors monthly, tailored to battlefield situations.

Ukraine is growing the manufacturing of domestically made motors able to accelerating interceptor drones to 400 km/h. This was reported by UNN as regards to the Minister of Digital Transformation Mykhailo Fedorov.

Particulars

Motor-G, a member of the Brave1 cluster, already produces over 100,000 motors monthly and is among the largest producers on the planet. As Fedorov famous, the important thing benefit of Ukrainian motors is their adaptation to actual battlefield situations. This offers drones the required pace, endurance, and reliability in essentially the most troublesome situations.

400 km/h – this pace was achieved by an interceptor drone with a Motor-G engine. Motors are a key ingredient of drones that hit enemy targets. Two years in the past, their serial manufacturing in Ukraine appeared not possible – and in the present day an increasing number of drones are flying on Made in Ukraine motors.

– Fedorov acknowledged.

Underwater drone TOLOKA offered in Lviv: what’s known19.09.25, 18:25 • 3345 views