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Industry

Hyundai Motor considers selling humanoid robots through dealer network

Hyundai Motor is considering selling humanoid robots and robot dogs through its existing car dealer network and exploring whether Hyundai Capital can provide similar financing support for robots. CEO Jose Munoz raised the possibility at an investor event. The plan builds on Hyundai Motor Group's robotics push, including its 2021 acquisition of an 80% stake in Boston Dynamics. The consumer robot market remains early, and Hyundai has not clarified target buyers.

Crypto

VanEck says bitcoin OK even if U.S. Democrats return; altcoins at risk

Bitcoin may not necessarily face headwinds even if the Democratic Party returns to power in the United States, an analysis said. VanEck digital asset research head Matthew Sigel said bitcoin could remain resilient under Democrats and should be viewed separately from broader crypto regulation. He said the bigger risk would be for other cryptocurrencies such as altcoins. Bitcoin has risen about 24 percent over the past seven days and was last around $78,438.

Crypto

Decade-old bitcoin wallets stir as 553 BTC moved from six dormant wallets

Six bitcoin wallets that had been inactive for more than 10 years moved a total of 553.59 BTC over the past 10 days, worth about $40.15 million at current value. Galaxy Research tracked transfers from wallets last active in 2011, 2012 and 2014. Some wallets carried tags linked to a New York court case seeking dormant bitcoin addresses to be treated as unclaimed property. The exact reason for the transfers was not confirmed.