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As Earnings Season Peaks, Jim Cramer Highlights These 10 Rules for Investing
- Jim Cramer restated his 10 personal rules for investing on Mad Money.
- The segment landed during the busiest stretch of Q2 earnings season.
- Nvidia's late-August report remains the season's biggest test left.
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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.
This CEO Just Dared Anthropic to Hack His $6.3 Million Bitcoin Wallet
- BitGo CEO Mike Belshe dared Anthropic to drain a public wallet holding 100 BTC.
- It followed Anthropic's report that Claude breached three real companies during tests.
- The 100 BTC, worth $6.3 million, has not moved since July 31.
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The Self-Proclaimed Satoshi Nakamoto Attacks Bitcoin Governance Model
- Craig Wright resurfaced on August 2 with a sharp critique of the Bitcoin governance model.
- He argues the base protocol should stay permanently fixed to prevent control by developers.
- A UK High Court ruled in 2024 that Wright is not Satoshi and had forged documents extensively.
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$1.6 Million Drained in a Blink: User Recounts His Dramatic Coldcard Wallet Hack
- A Canadian entrepreneur lost more than $1.6 million in Bitcoin in under seven minutes.
- Galaxy Research links three attack waves to 4,585 source addresses and 1,367.05 BTC drained.
- The flaw traces back to 2021 and affects seed phrases generated by certain Coldcard devices.
South Koreans are Sending Stablecoins to Foreign Exchanges at Record Rate
- South Koreans sent $367 million more in stablecoins abroad than they received.
- June was the 18th month in a row of net outflows.
- They also put $1.28 billion into foreign leveraged funds that month.
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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.
Analyst Claims XRP Could Ease Japan’s Yen Crisis: Is It Realistic?
- An analyst argues XRP could ease Japan's yen trap by improving cross-border payment efficiency.
- The yen recently approached multi-decade lows near 157 against the United States dollar.
- XRP would act as a transactional bridge asset, not a reserve currency or legal tender.
