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Industry

Brighter, longer-lasting Galaxy Watch debuts, adds AI health management

Samsung Electronics unveiled two new Galaxy Watch models, the Galaxy Watch Ultra2 and Galaxy Watch9, with upgraded batteries, displays and healthcare features. The Ultra2 increases battery capacity by 35 percent and supports up to 5,000 nits of brightness, with improved water and dust protection and diving functions. The Watch9 adds expanded health metrics and AI-based sleep apnea detection. Pre-orders begin on July 28, with prices from 499,000 won to 969,100 won.

Crypto

Bitmine earned from staking but lost on derivatives, highlighting ETH strategy\'s dual nature

Bitmine earned $45.7 million last quarter from Ethereum staking and validation, but booked a $92.1 million loss on Ethereum-linked option trading, resulting in an $83.6 million quarterly net loss. Revenue rose to $46.5 million for the quarter ended May 31. Over nine months, derivative losses totaled $133.3 million. The company issued about 340.7 million shares to fund Ethereum purchases and reported large unrealised digital-asset losses, while saying it has liquidity for at least 12 months.

Crypto

AI era brings focus on yen stablecoins as Japan weighs strategy

Japan is increasingly debating the need for yen-denominated stablecoins and related rules as AI agents begin to make autonomous payments. At WebX 2026, Takafumi Horie and JPYC CEO Noritaka Okabe discussed payment infrastructure, security design and legal frameworks. They argued currency choice could be a competitive edge, citing stability and accounting and tax needs. They also pointed to Japan’s crypto tax burden and the importance of AI-friendly regulation.