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Crypto market crash: “F#di with all this…” says FTX CEO



Colapso no mercado nas criptomoedas: F#di com isto tudo... diz CEO da FTX

The world of crypto assets is not at all favorable. In fact, billionaire Bill Gates, founder of Microsoft, mentioned this Wednesday that the value of cryptocurrencies and NFTs is based “100% on The Biggest Idiot Theory.” To reinforce this idea, the market received another blow in the form of the collapse of one of the largest cryptocurrency exchanges, FTX.

To fill the eight billion euro hole, CEO Sam Bankman-Fried took to Twitter to apologize to customers and investors for the hole that left the crypto market in free fall and wiped out more than $200,000 million in digital asset value. .

Cryptocurrencies are based on the "100% Biggest Idiot Theory".

The cryptocurrency market is in crisis and distrust is causing many investors to increase their level of caution. Added to these "danger signs" are statements such as that of Bill Gates, who, at a conference hosted by the TechCrunch website, the Microsoft founder said that "This kind [cripto] assets are 100% based on The Biggest Idiot Theorythat someone will pay more for it than me,” to which he adds, “and with that comes anonymity when you avoid taxes, government regulations… I don’t participate in any of that.”

Signs of concern intensified after one of the largest digital currency exchanges, FTX entering a liquidity crunch prompted it to seek help from competitor Binance.🇧🇷 At first, this platform recognized the purchase of FTX, but eventually refused. The scenario further exacerbated the crisis in this segment.

“Sorry. It is most important. I screwed up and I should have done better." | Diss Sam Bankman-Fried, FTX CEO

FTX collapses and shakes the world of cryptocurrencies

Over the past few hours, crypto investors have again seen clear signs of high volatility in the cryptocurrency market. O The value of several digital currencies, including bitcoin, has fallen significantly in recent days due to the flight of customers from FTX, one of the world's largest exchanges for buying, selling and holding these currencies.

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As echoed around the world, earlier this week the Bahamian company turned to its rival Binance for help after it received a surge in withdrawals from the exchange and caused a liquidity crunch. Initially, the competitor accepted the offer, but changed his mind this Wednesday.

According to the Wall Street Journal, citing a Binance statement, CZ says that:

We hoped we could support FTX clients to ensure liquidity, but the issues are beyond our control and beyond our ability to help.

CoinDesk, a source at Binance, explains that it pulled out of the deal due to news that FTX may have misused customer funds, as well as US regulatory investigations.

As can be read on Twitter, as a result of due diligence, as well as the latest news of misplaced customer funds and alleged investigations by US agencies, Binance has decided it will not proceed with the potential acquisition.

Another cryptocurrency shake-up

In this scenario, the market was shaken up again and sent bitcoin to its lowest level in two years🇧🇷 The cost was about 16 thousand dollars. The FTX currency - FTT - lost half of its value this Wednesday.

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It is a fact that cryptocurrencies have been in decline for some time now. However, the problems with FTX were more like wasted points.

The collapse of the cryptocurrency after the collapse of FTX

The case involves several situations that are yet to be clarified. The collapse of digital currency trading platform FTX has prompted U.S. authorities to investigate the company for possible violations of securities regulations, and analysts foresee further problems for this market.

In the aftermath of the crash, CEO Sam Bankman-Fried took to Twitter to apologize to customers and investors for the alleged $8 billion shortfall.

I'm sorry. This is the main thing. F# handled it all and should have done better.

Sam Bankman-Fried said.

The CEO ensures that the money is safe and that he is trying to resolve the situation, but sources contacted by Britain's Financial Times note that FTX needs $8 billion (€7.8 billion at current exchange rates) to resolve the liquidity crisis.

These problems have taken investors by surprise. This is because of by early 2022, the exchange was valued at $32 billion.after raising US$400 million in a funding round - Japanese tech giant Softbank was among the investors.

Bankman-Fried has reportedly met frequently with US lawmakers to discuss the future of cryptocurrencies; at technology summits, the chief shared the stage with politicians such as Bill Clinton and Tony Blair.

However, last week began to appear the first alarming signals. It all happened when a news article was published in an online magazine about cryptocurrencies. CoinDesk, warned that the balance of Alameda Research, a subsidiary of FTX, mainly consists of the FTT cryptocurrency. It is the official currency of FTX and its holders receive a discount when using the platform. This means that the FTX exchange service, Alameda, relied on a currency invented by a subsidiary.

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This eroded confidence and caused many Alameda and FTX users to withdraw their funds from the platforms. Over time, exits from the service sector spread, resulting in a liquidity crisis.

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Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners



Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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The first Dacia hybrid. “The cheapest hybrid family on the market”



The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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See how Tesla tests its electric Semi truck in the worst-case scenarios



Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.

Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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