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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.
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.
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.
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?
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?
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?
- 13:21US Treasury Secretary Bessent: No Rush to Choose Powell’s SuccessorAccording to ChainCatcher, citing Jinshi News, U.S. Treasury Secretary Bessent stated that there is "no rush" to determine a successor for Federal Reserve Chair Powell, and that candidates may come from current committee members or regional bank presidents. On Wednesday, Bessent said on a television program, "There are many strong candidates, including several key committee members and possibly regional bank presidents." He did not disclose any specific names. Reports indicate that Bessent himself, White House National Economic Council Director Hassett, former Fed Governor Kevin Warsh, and current Fed Governor Waller are all among the candidates nominated by Trump for the chair position. Bessent said, "There is a very, very long list." He added, "I don't intend to discuss the process, but we are moving forward with it. Clearly, this will be President Trump's decision, and we are not in a hurry."
- 13:18Trump Criticizes Powell, Says FOMC Should Take ActionAccording to Jinse Finance, Trump posted that the housing market has lagged because Powell refuses to lower interest rates. Families are suffering due to excessively high rates, and even our country is forced to pay higher interest than it should. Our rates should be three percentage points lower than they are now, which would save the entire nation $1 trillion a year. Powell, this stubborn guy, just doesn’t get it—never has, and never will. The board should take action, but they lack the courage to do so!
- 13:13Analysis: The Mass Unstaking of 620,000 ETH May Be Linked to Large Withdrawals of ETH Deposits on Aave, Leading to a Surge in Borrowing RatesAccording to ChainCatcher, citing on-chain analyst @ai_9684xtpa and crypto KOL darkpool’s analysis, the mass unstaking event involving 620,000 ETH may be related to a surge in ETH withdrawals from the Aave platform, which caused borrowing rates to spike. The rapid withdrawal of ETH deposits from Aave led to soaring borrowing rates, forcing loop lending participants—who had previously profited from interest rate spreads—into losses, compelling them to redeem stETH to deleverage, resulting in the current situation. Aave ETH borrowing APR once soared to 10% Lido $stETH’s current exit waiting period has been extended to 21 days (normally within a week) There is still a discount of nearly 0.4% when swapping stETH for ETH on-chain Regarding the implementation of loop lending, Aave’s collateral ratio for ETH is 93%, meaning arbitrageurs can use leverage of up to 14x to earn interest rate spreads. Under normal circumstances, the annualized return on principal can reach approximately 7%.