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Industry
SpaceX spends $329 million on Tesla Megapacks in 2026, aimed at xAI power demand?
SpaceX spent $329 million this year on Tesla's large energy storage system Megapack, with $295 million invested in the second quarter, TechCrunch reported. The purchases underscore links among companies led by Elon Musk, who runs SpaceX and co-leads Tesla, while xAI bought X in 2025 and was absorbed by SpaceX early this year. The market expects the batteries to be used at xAI data centres, where power demand can surge.
Crypto
Bitcoin could fall to $43,500 - Michael Turpin
Bitcoin has not yet hit bottom and could fall about 30 percent from current levels to as low as $43,500, an outlook said. Transform Ventures founder Michael Turpin said bitcoin could drop to a level 66 percent below its October 2025 record high of $126,100. He said the market has not confirmed a true low, noting the lack of a quick rebound and no genuine capitulation selling yet.
Crypto
Galaxy says at least 15 attackers exploited Coldcard vulnerability
Galaxy Digital said it has confirmed at least 15 attackers exploited a vulnerability in the Coldcard hardware wallet. Its research head Alex Thorne said additional attackers were identified based on new victim reports after the incident, a pattern he said differed from centralized exchange hacks. Galaxy Research estimated losses from three confirmed attacks at $100 million, and said total losses could rise to about $130 million in bitcoin if a suspected fourth attack is included.
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Crypto
BNY, Galaxy to offer crypto staking for institutions
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Crypto
U.S., UK reaffirm cooperation on digital asset regulation, discuss stablecoins, tokenisation
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AI & Enterprise
Red Hat launches Asago to lead open-source project automating AI governance
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AI & Enterprise
ServiceNow unveils six autonomous security products, from vulnerability response to compliance
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AI & Enterprise
U.S. open-weight AI startups emerge, but checking China is unclear
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AI & Enterprise
Nvidia open-sources cuFile API as GPUs read directly from storage
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Crypto
AWS launches autonomous orchestrator Kiro Crew for 24-hour code development support
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Industry
Corporate restructuring scheme opens path for mid-sized, SMEs into advanced industries
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Industry
Ecopro Q2 operating profit 32.9 billion won, up 103 percent year on year
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AI & Enterprise
Privacy breach fines of up to 10 percent of revenue put telecoms' security investment to the test
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Telecommunications & Media
Walmart completes Vibe acquisition, expands connected TV advertising
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Industry
Electric vehicles, drones reshape future military mobility; Tesla China business sale rumours
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Mobility
Waymo opens Dallas robotaxi service to all users
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Games & Commerce
Game industry woos users with classics over new titles
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AI & Enterprise
Nvidia-led Open Secure AI Alliance proposes response to AI security incidents