News linked to both this project and an event.
According to The Wall Street Journal, affected by cost pressures from "chip inflation (Chipflation)" triggered by the artificial intelligence investment boom, Apple is turning its attention to domestic storage semiconductors. In response, a representative from the Securities Department of Changxin Technology stated: All information regarding the company's major external collaborations, capacity progress, etc., is primarily based on company announcements, prospectuses, and subsequent interim reports; as for DDR6 capacity planning, mass production progress, etc., due to information compliance management requirements, it is temporarily inconvenient to disclose externally.
Odaily News: SK Hynix's stock price has recently seen a pullback. On August 3, the stock fell 8.79%. Although it rebounded slightly by 0.64% and 5.77% on August 4 and 5 respectively, it plunged another 10.37% on August 6, closing at 1.495 million KRW; on August 7, it dropped a further 4.88%, closing at 1.422 million KRW.Against the backdrop of heightened market volatility, SK Group released an advertisement quoting founder Choi Jong-gun’s famous saying: "Despair and hope are two sides of the same coin; you can turn despair into hope as easily as flipping your palm," and adapted it to: "Unease and anticipation in the AI era are also two sides of the same coin; you can turn unease into anticipation," thereby conveying confidence in the long-term development of the AI industry.Securities institutions believe that short-term stock price fluctuations have not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership and the earnings stability brought by long-term supply agreements (LTAs). Specifically:1. Hyundai Motor Securities expects SK Hynix's DRAM and NAND bit growth to reach 9.7% and 1.5% respectively in the third quarter. As HBM4 sales contributions expand, even with a higher proportion of LTAs, DRAM average selling prices (ASP) are still expected to rise 19.9% quarter-over-quarter. Companies such as OpenAI and Anthropic are advancing plans to build their own hyperscale AI data centers and intend to raise funds for related construction through IPOs. Even if some large tech companies adjust capital expenditures (Capex) in the future, this could be offset by demand from other AI infrastructure. Additionally, regarding competitive concerns over China's CXMT, given the U.S. continued tightening of semiconductor equipment export restrictions, as well as Micron's expansion of domestic U.S. investment, the likelihood of major companies like Apple adopting Chinese memory chips is relatively low.2. SK Securities is also bullish on SK Hynix's competitive advantages, believing that with its leading position in HBM, partnerships with major North American GPU companies, and AI-driven LTA demand, SK Hynix's market position remains solid. Currently, the HBM supply-demand fulfillment rate is below 70%, and the core value of LTAs lies in ensuring profit sustainability and earnings stability through a "mutual binding structure" between customers and suppliers. With value-reassessment initiatives such as an ADR listing progressing, along with dividend income from the sale of SPC assets related to Kioxia, the company's goal of achieving net cash of 100 trillion KRW may be reached earlier than expected. As shareholder return policies gradually become clearer, this will help the market re-evaluate the value of the LTA model and drive a further re-rating of SK Hynix. (Daum)
According to TechCrunch, OpenAI is countering Apple's lawsuit over alleged trade secret leaks, claiming that Apple's own information security management and employee offboarding processes have vulnerabilities, and that it cannot prove the relevant information constitutes protected trade secrets. Apple previously accused OpenAI of obtaining hardware-related secrets through former employees who joined OpenAI from Apple, and requested the court to expedite the evidence discovery process. In its latest legal filings, OpenAI stated that Apple allows employees to use personal iCloud accounts to process work materials and did not revoke access rights in a timely manner after employees departed. OpenAI states that Apple did not clearly specify the concrete trade secrets alleged to be stolen, but merely referred generally to information such as product development processes, supply chains, and testing. OpenAI argues that Apple's current lawsuit is primarily intended to restrict its development in the AI hardware sector, and denies that the company needs or uses Apple trade secrets. The dispute between the two parties centers on employee mobility, intellectual property protection, and competition in the AI hardware sector.
According to TechCrunch, Apple Inc. has formally applied for a preliminary injunction against OpenAI, requiring it to stop developing AI devices and related products based on Apple technology. Apple's latest investigation shows that, in addition to Senior Systems Engineer Chang Liu and Chief Hardware Officer Tang Yew Tan named in the previous complaint, another 11 former Apple employees may be involved in trade secret theft, with some having privately retained work equipment issued by Apple upon departure. Apple has simultaneously applied for an expedited discovery process, involving parties including OpenAI, its foundation, and the device startup io co-founded by Jony Ive. In response, OpenAI publicly stated that Apple's allegations are "based on misinformation and completely unnecessary," and counterclaimed that Apple has security procedure vulnerabilities, resulting in former employees still being able to access its internal systems.
Odaily News: Apple has limited the number of vulnerability reports a single researcher can submit at one time because its security team has received a large number of submissions generated by AI, many of which do not actually contain real flaws. Apple stated that researchers can request a higher limit at any time, and the company is also using AI internally to triage submissions.Bynario, a Milan-based cybersecurity startup, said it used OpenAI's ChatGPT to discover more than 50 vulnerabilities in the latest version of macOS within three weeks, including a privilege escalation chain that could give attackers full control of a Mac device.Bynario stated that it was unable to report this vulnerability because Apple had already rejected further submissions. Bynario CEO Alfredo Pesoli estimated the vulnerability's value on the criminal market at $100,000 to $200,000. Apple said it has reached out to the company and reviewed its work. In June, Apple added a submission cap and a 30-day cooldown period to its security portal. In a recent security update, Apple listed vulnerabilities discovered with the assistance of Anthropic and OpenAI software, with the number of fixes approximately five times that of a normal cycle. (Decrypt)
crypto payment infrastructure company Moonpay has integrated Discover Network payments. Discover Network cardholders can now buy and sell cryptocurrencies through the Moonpay platform. Discover Network becomes the third major card brand supported by Moonpay in the United States, alongside Visa and Mastercard. Moonpay stated that this support is now available across its network of over 500 enterprise partners, including wallets, exchanges, and applications. Moonpay also supports Apple Pay, Google Pay, PayPal, Venmo, bank transfers, and regional payment channels. Founded in 2019, Moonpay serves over 30 million customers across 180 countries and holds the New York BitLicense, a New York limited purpose trust company charter, money transmitter licenses in multiple US states, and an authorization under the EU's MiCA framework.
: Citrini analyst jukan posted on platform X, stating that some friends asked for his opinion on the Evercore channel survey. Evercore reported that several OEMs admitted they have simultaneously placed orders with both distributors and brokers for the same project due to extended lead times. Even if the three major DRAM manufacturers attempt to eliminate overbooking and duplicate orders, it cannot be completely prevented.He believes that extrapolating the situation occurring in a few isolated channels to the entire market is highly irrational. He also shared comments from Lynx on Meta's storage procurement on the same day: According to Lynx's survey, Meta is willing to purchase memory and flash storage from major suppliers at spot prices; unlike Apple, Lynx does not expect Meta to complain about high prices and anticipates that Meta has already factored in price increases in its capital expenditure plans.
Kraken has begun allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading, enabling them to open leveraged positions without selling their existing holdings.The initial offering includes 10 tokenized stocks and ETFs, featuring Apple, Nvidia, Tesla, Strategy, SPDR S&P 500 ETF, and Invesco QQQ Trust. This feature is currently only available to eligible users outside the United States.Kraken has also set collateral limits for different assets, with a maximum collateral value of $1 million for large-cap ETFs, $250,000 for most individual stocks, and $100,000 for tokenized gold and Circle stock. The platform stated that collateral limits and haircut rates will be reviewed periodically and may be adjusted based on market conditions. (Cointelegraph)
Ondo Finance has announced the integration of its tokenized securities platform, Ondo Global Markets, with Uniswap. Over 430 tokenized stocks and ETFs on the platform are now simultaneously available on Ethereum and BNB Chain. Users can trade via the Uniswap interface or the UniswapX API.Compliant users can trade tokenized shares of companies such as SpaceX, Tesla, NVIDIA, Apple, Microsoft, and Amazon, as well as major ETF assets like SPY and QQQ, directly on-chain. Trades leverage UniswapX to benefit from optimal liquidity routing, MEV protection, and gas-free transactions. All wallets and protocols integrated with the UniswapX API can support Ondo's full suite of tokenized securities without requiring additional development. Data shows that since its launch in September 2025, Ondo Global Markets has covered over 430 tokenized securities, with its TVL surpassing $1 billion and cumulative trading volume exceeding $20 billion.
According to The Paper, 14 individual consumers and three small businesses filed an antitrust class-action lawsuit on June 25 in the U.S. District Court for the Northern District of California, accusing Samsung, SK Hynix, and Micron of conspiring to manipulate DRAM supply and pricing since 2022, leading to an approximately 700% increase in memory prices over the past four years. The plaintiffs claim the three companies used the transition to High Bandwidth Memory (HBM) as an excuse to artificially cut supply of traditional DDR3 and DDR4 memory, disregarding "all economic and business logic". The lawsuit also cites Apple's recent price increases for iPads and Macs as evidence that supply restrictions have affected downstream products. If successful, the defendants are required to pay treble damages, and the scope of the lawsuit may expand to all consumers and businesses purchasing products containing DRAM. Notably, Samsung and SK Hynix were previously fined in the U.S. for price-fixing behavior in the early 2000s, and Samsung was even handed a $300 million criminal fine in 2005. Investment bank Jefferies predicts that the high level of memory prices is difficult to reverse in the short term, with prices still expected to rise quarter-on-quarter by 30% to 50% in the third and fourth quarters of 2026, and a significant decline may not occur until 2028 at the earliest.
: According to an official announcement, to meet users' round-the-clock trading needs, Bitget Stock Spot (rToken) has officially launched its weekend trading feature. The first batch supports 20 popular U.S. stock options, including rAAPL (Apple), rNVDA (NVIDIA), and rTSLA (Tesla).During U.S. stock market closures, the platform will generate continuous weekend trading prices based on Friday's closing prices, market maker quotes, and market expectations. This feature supports limit orders and stop-loss/take-profit settings. To prevent abnormal fluctuations, the system implements an approximate ±20% protection limit for weekend limit orders.rToken, identified by the letter "r" followed by the stock ticker (e.g., rNVDA for NVIDIA), is issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with compliant broker Alpaca, it connects directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Its features include: 1:1 reserves of the underlying assets held by a licensed custodian, stock dividends distributed 1:1 in token form, corporate actions such as stock splits and reverse splits synchronously reflected, and holdings can be used as joint margin for unified accounts and U-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
According to PR Newswire, MoonPay has officially launched MoonPay Headless Onramps—the industry’s first native crypto checkout platform enabling one-click crypto purchases via Apple Pay, credit cards, and Google Pay across the U.S., the European Economic Area, and over 100 countries worldwide. In contrast, competing headless payment solutions currently support mobile payments only within the U.S. This product replaces MoonPay’s branded widget with a pure API integration, enabling partners to deliver a fully white-labeled and highly customizable checkout experience—while MoonPay handles payment processing, compliance, and identity verification in the background. Launch partners include Moonshot, Bitcoin.com, Bread, and Trust Wallet. Notably, Apple Pay is now fully embedded into partner apps for the first time: verified users can complete purchases with a single tap—no redirects or re-verification required.