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Cultofmac

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Next iPad Pro could be Apple’s first device with M5 chip

  • Apple is expected to introduce its M5 chip in the next iPad Pro refresh, which could launch as early as October, marking the first device to feature this new chip.
  • The M5 chip is part of Apple's new silicon transition, deviating from the annual release pattern alongside Mac refreshes. This move suggests a different strategy for chip debuts.
  • Additionally, there are reports of an M4 iPad Air refresh and the iPhone 17e set for early 2026 launches, with minor spec bumps and processor upgrades in the lineup.
  • While a busy early 2026 is anticipated for Apple, including potential releases of a new Studio Display, MacBook Air with the M5 chip, and a smart home device hub, the company is planning a string of product launches.

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Coinpedia

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China Crypto Regulation Sees Growing Push for Yuan-Based Stablecoin

  • China is showing renewed interest in digital currencies, particularly stablecoins, despite the country's crypto ban.
  • Shanghai regulators and Chinese tech giants like JD.com and Ant Group are advocating for yuan-based stablecoins to counter US dollar dominance in digital finance.
  • Interest in digital currencies is surging in China and Hong Kong, with stablecoin-related stock indexes rising over 88% in the span of three months.
  • While the rise of stablecoins presents opportunities, warning signs have emerged, including regulatory challenges and concerns about scams and financial crimes.

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TronWeekly

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Nigeria’s SEC Raises Alarm Over Increased Digital Assets Fraud

  • The Nigerian SEC has expressed concern over the increase in digital assets fraud in the country, aiming to protect investors and the economy.
  • The SEC plans to provide guidance to investors, collaborate with external security bodies, and impose penalties on perpetrators of fraud.
  • Countries worldwide are implementing regulations to safeguard citizens from crypto scams, with the Nigerian SEC overseeing financial market vetting and regulation.
  • The SEC director general highlighted the impact of digital asset fraud on Nigeria's economic development and pledged to enhance investor education, regulatory oversight, and international cooperation to combat fraud.

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The Register

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French cops cuff Russian pro basketball player on ransomware charges

  • Russian basketball player Daniil Kasatkin has been arrested in France on charges of being a negotiator for a ransomware gang and is currently held for extradition to the US.
  • Kasatkin is accused of involvement with a ransomware gang that targeted around 900 organizations, including two US federal agencies between 2020 and 2022.
  • His lawyers claim that he is innocent, stating he is not skilled with computers and was potentially framed due to a second-hand computer purchase. They also argue that he has a strong alibi.
  • The US has not provided any evidence of crimes by Kasatkin yet, and his lawyers are expressing concerns over the impact on his basketball career due to his arrest.

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Coinpedia

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Crypto Liquidations Top $1 Billion as Bitcoin Hits New All-Time High

  • Over $1 billion in crypto short positions were liquidated in the past 24 hours, with the majority coming from traders betting against Bitcoin as the market rallied.
  • The liquidations were primarily seen in Bitcoin and Ethereum futures, totaling $590 million and $241 million in losses, respectively.
  • Bitcoin touched a new all-time high above $118,000 fueled by ETF inflows, while altcoins like Ethereum, XRP, DOGE, and Solana also saw gains on increased market optimism.
  • The crypto market is affected by factors such as rising Bitcoin ETF demand, anticipation of potential rate cuts, and a shift towards altcoins following Bitcoin's surge.

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Coinpedia

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Ripple’s RLUSD Pilot Offers New Hope for Drought-Hit Pastoralists in Kenya

  • Ripple's successful collaboration with the Diva Campaign in Kenya utilized the RLUSD stablecoin for drought insurance, impacting 517 pastoralists, with a focus on gender inclusion.
  • Satellite data was used to monitor vegetation health during the pilot, preventing the need for payouts due to favorable conditions, offering risk protection for pastoralists.
  • The Ripple pilot in Kenya showcased the potential of blockchain technology in providing financial resilience during natural disasters, protecting pastoralists ahead of the drought season.
  • The initiative demonstrated the effectiveness of digital assets and satellite technology in offering sustainable drought insurance solutions for high-risk communities in Kenya, with potential for broader adoption in other climate vulnerable regions.

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Insider

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Why Goldman Sachs thinks Trump's tariffs may not be that bad for Asian markets

  • Goldman Sachs analysts believe that Trump's tariffs may not be as damaging to Asian markets as initially feared.
  • While tariffs could impact markets, having clear information about them could reduce the negative sentiment among investors.
  • North Asian markets like Taiwan, South Korea, and Japan face higher exposure to the tariffs, while Southeast Asian markets are less affected.
  • Goldman Sachs suggests that a stable and predictable tariff regime could improve investor risk appetite, but downside risks still exist.

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Gsmarena

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HMD scales back its US operations

  • HMD, the official licensee of Nokia-branded phones, is scaling back its US operations.
  • The decision is attributed to the challenging geopolitical and economic environment in the United States, potentially linked to tariffs.
  • Despite the reduction in US operations, HMD assures customers of honoring warranties and providing support through global teams.
  • The company remains committed to long-term growth and supporting impacted US colleagues during the transition.

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Medium

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Subnautica 2 pushed back to 2026, but the drama doesn’t end there

  • The release of Subnautica 2 has been delayed until 2026 to allow the development team more time to incorporate feedback and enhance the overall game experience.
  • Krafton stated that the decision to postpone the game was solely aimed at improving its quality and not influenced by financial motives.
  • A dispute arose between Krafton and three former leadership members of Unknown Worlds over bonus money allocated for demonstrating leadership and active involvement in the development of Subnautica 2.
  • The trio accused by Krafton of abandoning the game development denied the accusations, and they have filed a lawsuit against Krafton, leading to a potentially prolonged legal battle.

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Hackernoon

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The TechBeat: 5 Data Breaches That Ended in Disaster (and Lessons Learned) (7/11/2025)

  • Explore 5 major data breaches leading to company shutdowns, learning backup, security, and recovery.
  • Lessons in data security from incidents to safeguard businesses against breaches effectively.
  • Importance of backup, security, and disaster recovery strategies in data protection emphasized.

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Insider

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'Superman' is silly, heartfelt, and shows the new DC Universe can easily rival Marvel

  • "Superman" is the first film of the rebooted DC Universe, directed by James Gunn, and shows potential to compete with Marvel by avoiding Superman's over-told origin story.
  • The movie is fun and full of heart, focusing on Superman's attempts to understand a tech billionaire villain, Lex Luthor, raising the stakes and making the character more interesting.
  • The film explores themes such as authoritarianism, ethically questionable billionaires, and Superman as a cosmic refugee, reflecting hope and human stories in a colorful superhero setting.
  • While the film has some silly and messy moments, it embraces the wonderfully weird elements of the character's history, showcasing heart and comic book craziness.

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Insider

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Jeans brand Levi's is up 8% on strong earnings — despite a profit hit from tariffs

  • Levi's reported a strong second-quarter performance with a 6% increase in net revenues compared to the previous year, particularly driven by a 14% increase in net sales in Europe.
  • The stock price of Levi's surged about 6% in after-hours trading following the positive earnings report.
  • Despite the strong performance, Levi's anticipates a profit impact of up to $30 million this year due to tariffs implemented by President Trump.
  • The CEO of Levi's, Michelle Gass, mentioned that the company's exposure to China is minimal and that they are employing various strategies to mitigate the effects of tariffs.

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TronWeekly

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Litecoin (LTC) Transaction Size Hits $50K: What It Means for the $100 Price Target

  • Litecoin's average transaction value has surged from $3K to $50K in 2024, reflecting increased participation from bigger players or institutions.
  • LTC price has risen over 7% this week, supported by strong volume and open interest.
  • Technical signals for Litecoin remain bullish as indicators align above key resistance levels.
  • Litecoin's price is aiming for the $100 mark as it sees positive momentum and strong support from on-chain metrics.

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CarExpert

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Tesla arch-rival Polestar achieves sales record

  • Polestar achieves 51% increase in global sales, setting record highs in 2025.
  • Australian sales up by 23% in H1, driven by new SUV introductions.
  • Polestar on track for a record year, aiming for continued growth in sales.

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Coinpedia

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Why is Crypto Going Up Today ?

  • Bitcoin spot ETFs saw $1.17 billion in net inflows, led by BlackRock and Fidelity, indicating strong institutional interest in the crypto market.
  • Over $5 billion in BTC and ETH options are set to expire, with balanced market sentiment reflected in the Put/Call Ratios and max pain points.
  • Ethereum price surpasses $3,000 as BlackRock acquires over 108,000 ETH, signaling institutional confidence in Ethereum.
  • Bitcoin reaches a new all-time high above $118,000 driven by institutional demand, spot ETF inflows, and increasing adoption by companies and governments.

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