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Crypto

Clarity Act faces last-minute hurdles as Galaxy Digital CEO travels to Washington

Prospects for the CLARITY Act, seen as key legislation for the U.S. crypto market, are tied to three issues: the scope of regulation for Web3 developers, resistance from law enforcement agencies and a tight congressional schedule. Galaxy Digital CEO Mike Novogratz went to Washington for urgent meetings, aiming to pass the bill within 4 weeks before the summer recess. Polymarket odds for passage in 2026 fell to 48 percent from 62 percent.

Mobility

Tesla Model Y case shows 99 percent battery retention after heavy fast-charging use

A Tesla Model Y recorded 99 percent battery capacity retention after driving 16,000 miles over six months in an environment with heavy use of fast charging. A Canadian owner disclosed test results showing capacity retention at 99 percent versus a new vehicle. The owner said fast charging exceeded home slow charging by energy amount and cited habits such as preheating before fast charging, limiting charge to 75 percent and avoiding low state of charge.

AI & Enterprise

LGU+ steps up AI data centre business, targets 5 trillion won in orders by 2030

LGU+ is expanding its artificial intelligence data centre infrastructure business and plans to target the next-generation AI infrastructure market with group affiliates. It aims to reach 5 trillion won in cumulative orders by 2030. The company unveiled its strategy at a construction site in Paju, introducing a modular build method, securing 200MW of power, and building a hyperscale hybrid cooling structure. It also plans to shift toward an \"AI factory operator\" model.