As Bitcoin mining becomes increasingly challenging, daily revenues are dwindling, forcing miners to either accept slimmer margins or exit the market altogether. On August 19, blockchain market research firm CryptoQuant released data revealing that the Hash Ribbons indicator—reflecting the difficulty and financial strain on Bitcoin miners—had a 30-day moving average as of August 11 that […]
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Aug
Aug
Apple may be setting up production lines for the iPhone Pro series in India for the first time, as part of its strategy to diversify its supply chain. A leaked image of what is believed to be the label and protective seal of the iPhone 16 Pro was shared by Tipster OvO on Weibo on […]
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Aug
Aug
The Chinese tech giant Xiaomi delivered over 27,300 electric vehicles in the previous quarter, yet the division still recorded a loss exceeding $250 million. On August 21, Xiaomi announced its Q2 revenue surged by 32% year-over-year, reaching 88.9 billion yuan (approximately $12.4 billion). This figure outpaced the forecasted 85.8 billion yuan, as per the financial […]
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Aug
Aug
On August 22, the price of gold took a significant hit, shedding over $40 per ounce as investors moved to lock in profits ahead of a crucial central bank meeting. By the close of trading, the spot price of gold had fallen by $27, settling at $2,484 per ounce. At one point during the session, […]
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Aug
Aug
Even years after leaving office, former President Obama continues to wield significant influence over Democratic campaigns and the party’s loyal voter base. “America is ready for a new chapter. America is ready for a better story. We are ready to welcome President Kamala Harris,” former President Barack Obama declared on the evening of August 20th […]
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Aug
Aug
Shanghai-based startup Agibot has unveiled a new lineup of humanoid robots, aiming to challenge Tesla’s Optimus in the rapidly evolving robotics arena. “Over the past year, we’ve made significant breakthroughs in product research and development, positioning ourselves as frontrunners in the industry,” stated Peng Zhihui, the founder of Agibot. Founded in February 2023, Agibot specializes […]
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Aug
Aug
The microgrid on the western shores of the Red Sea is set to deliver clean energy to a sprawling city covering an impressive 28,000 square kilometers. Saudi Arabia’s Red Sea City project is making waves by developing the world’s largest solar energy storage microgrid, according to a report by Interesting Engineering on August 19th. With […]
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Aug
Aug
Officially nominated as the Democratic presidential candidate, Kamala Harris steps into the race with a clear advantage, yet faces significant economic and policy challenges ahead. “We are deeply honored by this nomination. This is a campaign driven by the people, and together we will chart a new course forward,” Vice President Kamala Harris declared in […]
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Aug
Aug
Standing behind a bulletproof shield, Donald Trump addressed supporters during an outdoor rally in North Carolina—a level of security typically reserved for sitting presidents. On August 21st, Republican presidential candidate Donald Trump held a campaign rally in Asheboro, North Carolina, marking his first outdoor event since the assassination attempt in Pennsylvania last month. Bulletproof glass […]
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Aug
Aug
The remains of 5 out of 6 missing individuals have been discovered within the wreckage of the luxury superyacht Bayesian, which tragically sank near Sicily, Italy. On August 21st, rescue teams successfully recovered 4 bodies from the wreckage of the Bayesian yacht, with the fifth body still on board. These are the remains of 5 […]