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Crypto
Bitcoin slips, gold jumps as risk aversion grows ahead of U.S. CPI
Bitcoin slid below $64,000 ahead of the U.S. consumer price index (CPI) release, hitting its lowest level in a week. Gold rose to a nine-week high, signalling renewed demand for safe-haven assets as uncertainty increased. Spot gold climbed to $4,435 an ounce, while inflows into gold ETFs outpaced those into spot bitcoin ETFs. Analysts said bitcoin’s short-term resistance remains below $66,000, with markets watching July U.S. CPI data due on Aug. 12.
Telecommunications & Media
Abbott's Lingo to link with Google Health app to get AI recommendations
Abbott will integrate its consumer continuous glucose monitor, Lingo, with Google Health, allowing users to view metabolic data in the Google Health app and share it with Google Health Coach for AI-based recommendations. The companies will also conduct metabolic health research combining glucose, wearable, lab and survey data. The article notes that benefits for non-diabetics remain unclear and that interpreting results can be difficult, with experts urging consultation with a primary doctor.
AI & Enterprise
SK Shieldus' ADT Caps steps up heatwave safety measures across nationwide branches
SK Shieldus' physical security brand ADT Caps said on Tuesday it is strengthening its response to extreme heat to protect the health and working conditions of staff responsible for customer sites. Chief Executive Min Gi-sik and Chief Safety and Health Officer Shin Woo-chul inspected summer safety management at branches in Daegu and Yangsan and encouraged field staff. The company said it is expanding support and checking workers' condition to prevent heat-related illness.
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AI & Enterprise
Boundfor launches 'Pareto' AI token spending management service
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Crypto
Lambda256 upgrades CLAIR FDS/AML solution for financial institutions
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Crypto
Strategy CEO says company to resume bitcoin accumulation this year, stresses net buying stance
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AI & Enterprise
Hanssak signs master distribution deal with SMPeoples to expand sales network for four core security solutions
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AI & Enterprise
Webcash to launch B2B vibe coding platform AXPort in September
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Crypto
Korean won stablecoin must secure settlement network and digital identity in AI payments era, Hashed report says
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Industry
HBM supply hits limits as memory race shifts from bandwidth to utilisation
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AI & Enterprise
Local PC LLMs gain traction as tech firms step up competition
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Finance
ISA revamp plan under review after reconsideration, compared with advanced financial countries
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Games & Commerce
Game makers put proven IP front and center to cut new title risk
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Mobility
Waymo and Tesla clash again over approach to self-driving technology
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AI & Enterprise
Dokpamo public evaluation uses mix of standard questions and free testing
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Crypto
MoneyGram expands crypto cash on-off ramps to Solana
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Crypto
U.S. SEC to discuss crypto regulation after CLARITY bill stalls
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AI & Enterprise
Anthropic to watermark Claude-generated text; extent of edits needed to remove it unclear