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Benjamin Cowen: Crypto Hasn’t Been This Cheap Since 2010, But It Might Drop Lower
- Crypto trades 62% below fair value, its deepest discount since 2010, Cowen says.
- He expects Bitcoin's next window of weakness within two to three weeks.
- Cowen sees a market cycle bottom forming around November before a fresh bull market.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
California Wildfire Bets Expose Polymarket’s Dark Side
- Senators want the CFTC to ban prediction market betting on California wildfires.
- One bet on Palisades Fire containment took $711,587.
- Polymarket settled it using CAL FIRE's own fire data.
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Using AI to Create Images? Europe Has a New Rule You Must Follow
- EU chatbots must now tell users they are talking to a machine.
- Regulators gained powers on August 2 to fine violators up to €35 million.
- High-risk AI obligations were postponed to 2027 and 2028 days before the deadline.
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See MoreHow Alibaba’s New Qwen3.8-Max Stacks Up Against US AI Giants
- Qwen3.8-Max ranked fourth on Arena's coding leaderboard, behind Claude Opus 5 and Kimi K3.
- Open weights for Qwen3.8-Max and a smaller 27B model arrive next week.
- Alibaba shares climbed 6.15% to HK$124.20 in Hong Kong on Monday.
Ripple Backs 2 UK Firms to Grow XRPL: What Does XRP Actually Get?
- Ripple bought stakes in 2 UK firms, ZILO and Licuido, to grow XRPL.
- The deals let big funds issue, trade, and borrow against tokens on XRPL.
- XRPL fees have burned just 14.4 million XRP since 2012, worth $15 million.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Robinhood Cleared for UK Crypto, But There Are Major Limits
- Robinhood U.K. Ltd joined the FCA cryptoasset register on July 31.
- It can pass crypto orders to others but cannot hold customer coins.
- A second, stricter UK approval is still needed before October 2027.






