News News: 29 July 2025 - 3 August 2025

Crypto Shockwaves: Bitcoin Near $119K, White House “Regulatory Bible”, and Altcoin Turmoil – July 29-30, 2025 Roundup

Crypto Shockwaves: Bitcoin Near $119K, White House “Regulatory Bible”, and Altcoin Turmoil – July 29-30, 2025 Roundup

Bitcoin traded around $118,000-$119,000 on July 29-30, 2025, about 4% below the all-time high of $123,230 reached mid-month. The White House released a cryptocurrency policy report on July 30, 2025 described as a “regulatory Bible” for digital assets, detailing stablecoin oversight, banking
July 30, 2025

Technology News

  • Kim Kardashian blames ChatGPT for law school test failures, calls AI a toxic frenemy
    November 6, 2025, 1:48 PM EST. Kim Kardashian reveals on Vanity Fair's lie detector test that she uses ChatGPT for legal questions, snapping photos to feed the AI. She says the tool often provides incorrect answers and has made her fail exams 'all the time,' though she insists it's not a friend-more of a frenemy. Accompanied by Teyana Taylor, Kardashian explains she sometimes yells at the AI and later reflects that the program is teaching her to trust her own instincts. The clip highlights the uneasy relationship many students have with AI assistants as Kardashian has studied law since 2018.
  • Aion UT Super: 99-Second Battery Swap in China's EV Push (CATL Choco-SEB)
    November 6, 2025, 1:42 PM EST. China's Aion UT Super proves EVs can swap batteries almost as fast as refueling, with a claimed 99-second swap (video shows 88 seconds). Built with CATL's Choco-SEB battery packs, it uses a 54.036 kWh LFP pack delivering a 500 km CLTC range. The car can swap, charge, or rent batteries at CATL's Choco Battery Swap Stations and can recharge from 30% to 80% in about 26 minutes. Priced around 100k-120k yuan ($14k-$17k), the Aion UT Super will be sold exclusively on JD.com during China's 11.11 festival. CATL is rolling out the tech across brands like GAC, Chery, NIO, FAW and BAIC as part of its Choco-SEB ecosystem, highlighting faster, modular swap solutions for EVs.
  • Sony Advances Cloud Gaming With PlayStation Portal Update to Challenge Microsoft
    November 6, 2025, 1:40 PM EST. Sony is upping the stakes in cloud gaming by updating the PlayStation Portal to stream PS5 games without tying the device to a PS5. The move expands portability for on-the-go play by enabling cloud streaming from the PlayStation Plus Game Catalog and Classics Catalog after a yearlong beta. The update broadens Sony's footprint and intensifies competition with Microsoft's Xbox cloud offerings, as rivals like the ROG Xbox Ally push handheld play. In markets, Sony stock has rallied this week, part of a year-to-date gain, with analysts rating it a Moderate Buy and an average target around $34, implying upside. Sony remains diversified in film and music beyond gaming, a factor investors weigh as it expands cloud gaming ambitions.
  • Built Technologies launches AI agent to automate draw requests in CRE lending
    November 6, 2025, 1:36 PM EST. Built Technologies, a fintech and construction-finance tech provider, unveiled an AI agent designed to automate draw requests in commercial real estate (CRE) lending. In testing with bank and non-bank lenders, the agent aims to shorten the path from project progress to funds by verifying documentation, assessing risk, and coordinating disbursements, reducing days or weeks of manual work. CEO Chase Gilbert says the tool will connect key stakeholders across the ecosystem and ensure everyone works from the same information. The development follows Built's history with lenders like U.S. Bank, Citi, and Fifth Third, and targets faster capital flows for construction projects and downstream trade payments. The Draw Agent signals a broader push by fintechs to apply AI to structured real estate finance.
  • Tesla shareholders weigh trillion-dollar pay package for Elon Musk
    November 6, 2025, 1:34 PM EST. Tesla shareholders vote on a pay package for Elon Musk that could unlock about a trillion-dollar worth of Tesla stock if the company hits ambitious targets over the next decade. The plan would require raising the market capitalization from roughly $1.5 trillion to above $8.5 trillion; Nvidia currently tops the market. Musk's net worth sits around $460 billion. A prior $55.8 billion package is tied up in court after a judge said the board was too cozy with Musk. The new plan is purely performance-based and divided into twelve tranches; each tranche requires both stock targets and separate earnings or product-sales targets. He won't be able to sell the stock immediately, encouraging him to stay focused on Tesla's long-term goals. Tesla declined to comment.