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Industry

AI data centre equipment targeted in U.S. thefts exceeding $100 million

Cargo thefts targeting high-priced equipment used to build AI data centres are rising in the United States, with verified losses since June exceeding $100 million. Media reports describe trailers carrying data centre gear disappearing during transport after escort vehicles were stopped in crashes. Criminals are also using phishing and impersonation to obtain shipping schedules and take control of shipments. Verisk CargoNet says overall cargo theft cases fell in North America, but estimated losses more than doubled.

Mobility

To extend EV battery life, avoid habits that speed up degradation

EV battery performance declines faster depending on how often drivers use DC fast charging, the power level used and exposure to hot climates, Engadget reported. Geotab analyzed telematics data from more than 22,700 vehicles across 21 EV models and found average annual degradation of 2.3 percent. Vehicles with higher fast-charging shares and frequent charging above 100 kW showed higher degradation. Hot regions also recorded greater annual battery wear.

Crypto

Ripple secures OCC final approval for national trust bank to manage RLUSD reserves and custody

Ripple has secured final approval from the U.S. Office of the Comptroller of the Currency for a national trust bank that will manage reserves and provide digital asset custody for its stablecoin RLUSD. RLUSD will continue to be issued through an issuer subject to New York regulation, while the newly approved trust bank will take responsibility for reserve management and custody based on trust duties. Ripple did not disclose detailed reserve management methods, timelines or additional figures.