SEC settles $2.8M Hydrogen Technology Corporation lawsuit The SEC settled a seven-month lawsuit against Hydrogen Technology Corporation and its former CEO Michael Ross Kane for $2.8 million for manipulating crypto prices. The judge ordered Kane and the firm to pay 2.8M USD in remedial and civil fines. Disgorged earnings and penalties total 1.5 million USD. Kane agreed to pay 260,000 USD plus pre-judgment interest. Hydrogen Makes $2M from Market Manipulation SchemeSeptember 2022 saw the SEC sue Kane. He used Hydrogen’s market maker Moonwalkers Trading Limited to manipulate Hydro’s ERC 20 token Hydro (HYDRO) price and volume. The SEC stated that…
Author: Anela Dokso
Toyota Germany, Anglo American, and the SafeDriver Group with ENNOO are collaborating on a pilot project in Berlin to showcase the everyday suitability of hydrogen fuel cell electric vehicles (FCEVs).
Norwegian chemical and industrial gas group Yara and VNG are planning to sign a letter of intent to produce hydrogen from ammonia.
UK’s push for hydrogen heating is benefiting authoritarian regimes and financial giants with stakes in the fossil fuel industry, who fear their gas industry investments will become stranded assets if the country switches to heat pumps.
A team of researchers from Beijing University of Technology has published a paper in the journal Fuel that evaluates the effectiveness of four load control strategies for an ammonia-hydrogen dual fuel Miller cycle spark ignition engine in a hybrid system.
Paraguay, known for its abundant hydroelectric energy, is set to take advantage of the boom in green hydrogen production, according to Dr. José Antonio Bogarín, executive director of the Itaipu Technology Park (PTI).
Wales & West Utilities has embarked on a feasibility study exploring a new technique to produce low-carbon hydrogen from wastewater with funding from Ofgem’s Strategic Innovation Fund.
The UK’s green hydrogen pipeline has significantly grown to 1.8GW across 72 sites, according to Molly McCorkingdale, a market analyst at Solar Media, who spoke at the Green Hydrogen Summit in Lisbon, Portugal.
The Indian Department of Science and Technology (DST) has invited bids to establish Hydrogen Valley Innovation Clusters (HVICs) in the country.
Panama is making plans to establish an inter-governmental organization that will facilitate the international trade of renewable hydrogen and its derivatives, according to Rosilena Lindo, the country’s undersecretary for energy.