Innovative Robot and ETF Updates
🔍MagicLab Unveils Advanced Robotic Arm
China's MagicLab launches MagicHand S01, featuring 11 degrees of freedom and hybrid control for complex tasks. Payload: 5 kg for hand, 20 kg for MagicBot. Tech specs include 0.1N precision and 100Hz synchronization. Funding: 150 million yuan (~$20 million) focused on team expansion and tech development.
📈Litecoin ETF Moves Forward
Canary Capital's spot Litecoin ETF added to DTCC site, paving the way for SEC approval, reflecting previous steps with Bitcoin and Ethereum ETFs.
📰Sam Bankman-Fried’s Stark Claims
In a prison interview, FTX founder critiques Biden administration and claims to be a victim of political machinations. Advocates that FTX faced a liquidity crisis, not insolvency.
MagicLab | FTX News
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