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Crypto

Bitget registers as financial service provider to expand New Zealand business

Cryptocurrency exchange Bitget has registered as a financial service provider with New Zealand’s Financial Service Providers Register (FSPR). The registration allows Bitget to expand services in New Zealand, including foreign exchange conversion, domestic and international remittances, custody of client assets, and portfolio and fund management. Bitget has been widening licences and registrations in various countries. It has also announced plans for a European headquarters in Vienna and appointed Oliver Stauber as Bitget EU chief executive.

Mobility

Tesla Q2 revenue rises but profitability worsens; Cybercab, Semi timelines slip

Tesla removed its 2026 mass-production plans for the Cybercab, Tesla Semi and Megapack 3, and also deleted wording on Optimus mass production, TechCrunch reported, citing a second-quarter shareholder letter. Tesla said it is working to increase battery production, especially 4680 cells, to mass-produce the Cybercab and Semi, but did not explain delays for Megapack 3 or whether Optimus is delayed. Second-quarter revenue rose to $28.2 billion, while net profit fell to $1.1 billion and free cash flow turned negative.

Industry

South Korean students win medals at international biology and chemistry Olympiads

All members of South Korea’s delegations won medals at the International Biology Olympiad and the International Chemistry Olympiad. The Ministry of Science and ICT and the Korea Foundation for the Advancement of Science and Creativity said four South Korean students won gold at the biology Olympiad in Vilnius, Lithuania. At the chemistry Olympiad in Tashkent, Uzbekistan, South Korea’s team won 2 golds, 1 silver and 1 bronze.