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Samsung earnings slump 56% amid struggles to catch SK Hynix in AI chip race
Samsung earnings slump 56% amid struggles to catch SK Hynix in AI chip race

Share link:In this post: Samsung’s operating profit fell 56% in Q2 2025 to 4.6 trillion won ($3.3 billion), missing analyst expectations. The drop was driven by inventory costs and delays in delivering advanced memory chips crucial for AI. Samsung is lagging behind SK Hynix and Micron in the high-bandwidth memory (HBM) chip market, especially for Nvidia’s AI accelerators.

Cryptopolitan·2025/07/08 10:00
Apple urges US appeals court to overturn Apple Watch ban
Apple urges US appeals court to overturn Apple Watch ban

Share link:In this post: Apple asked the US Court of Appeals to overturn a 2023 ITC ruling that banned imports of Apple Watches with blood-oxygen tracking technology. The ITC found that Apple infringed on Masimo’s pulse oximetry patents, leading to a ban on Apple Watch Series 9 and Ultra 2 imports in the US. Masimo claims Apple stole its technology after failed collaboration talks and defends the ITC ruling as proper.

Cryptopolitan·2025/07/08 10:00
Two Ethereum genesis wallets reactivate after 9 years, moving $2.9M in ETH
Two Ethereum genesis wallets reactivate after 9 years, moving $2.9M in ETH

Share link:In this post: Two Ethereum wallets from 2015 moved 1,140 ETH after nearly a decade of inactivity. Ethereum’s price rose following the Pectra upgrade that improved scalability. Bit Digital tripled its ETH holdings to over 100,000 coins.

Cryptopolitan·2025/07/08 10:00
US Proposes 10% Tariffs Trade Deal to EU
US Proposes 10% Tariffs Trade Deal to EU

The US has proposed a 10% tariffs trade deal to the EU, aiming to ease trade tensions, according to Politico.A New Proposal to Ease Trade TensionsWhat’s at Stake?A Shift in Trade Strategy?

Coinomedia·2025/07/08 09:15
Bitcoin Supply on Exchanges Hits New Low
Bitcoin Supply on Exchanges Hits New Low

Bitcoin supply on exchanges drops to a record low, signaling strong investor confidence and long-term holding.Investors Pull BTC Off ExchangesHODLing Season in Full SwingA Bullish Setup for BTC?

Coinomedia·2025/07/08 09:15
SEC Acknowledges Trump’s Truth Social Bitcoin ETF
SEC Acknowledges Trump’s Truth Social Bitcoin ETF

SEC formally acknowledges a Bitcoin ETF tied to Trump’s Truth Social, adding fresh momentum to crypto politics.A Bold Move from Trump’s Truth SocialCrypto Meets PoliticsWhat’s Next for the ETF?

Coinomedia·2025/07/08 09:15
Flash
  • 06:32
    Statistics: 4 whale addresses manipulated XPL prices and made a total profit of $47.72 million
    ChainCatcher news, according to statistics from Spot On Chain, four whale addresses that manipulated the price of XPL on the Hyperliquid platform made a total profit of $47.72 million, detailed as follows: 0xb9c (main coordinator): +$15.11 million; 0xe41: +$12.97 million; 0x006: +$10.52 million; 0x894: +$9.07 million. Notable victims' losses: 0xC2Cb: -$4.59 million; 0x64a4: -$2 million.
  • 06:32
    US prosecutors appeal sentences of two HashFlare Ponzi scheme founders, argue for 10-year imprisonment
    ChainCatcher news, according to Cointelegraph, U.S. prosecutors have appealed the sentencing of the co-founders of the crypto mining service company HashFlare. Prosecutors believe that HashFlare founders Sergei Potapenko and Ivan Turõgin should be sentenced to 10 years in prison and have filed an appeal regarding this. HashFlare is a $577 million Ponzi scheme company. On August 12, Seattle federal court judge Robert Lasnik sentenced the two to time served, fined them $25,000, and required them to complete 360 hours of community service during supervised release. It is expected that their sentences will be served in Estonia. The two were arrested in October 2022 and detained in their home country of Estonia for 16 months. In May 2024, they were extradited to the United States, where they pleaded guilty to conspiracy to commit wire fraud.
  • 06:32
    WLFI Lockbox contract has deposited 13.35 billion tokens, valued at $3.5 billion.
    According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that there are already 13.35 billion tokens in the WLFI Lockbox contract, valued at $3.5 billion. Although WLFI has fallen 52.5% from its peak, based on the current contract price of $0.2615, the first round of public investors still have a book return of 16.43 times, while the second round has 4.23 times. In addition, possibly affected by the XPL hedging sniper incident, Hyperliquid WLFIOI (open interest contracts) has dropped by 49% in the past 24 hours, and even a certain exchange has seen a decrease of 5.75%.
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