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After Leaked Buy Yen Note, Bessent Explains U.S. Move to Save Japanese Currency
- Bessent says the US bought yen because the currency had fallen too far.
- He warns a weak yen could drag other Asian currencies down with it.
- The dollar has already won back more than two yen since the intervention.
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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.
36 Analysts Share Their NVIDIA Stock Forecast Before August Earnings
- 36 of 37 analysts rate Nvidia a buy ahead of August 26 earnings
- Michael Burry warns Nvidia is helping finance the customers buying its chips
- Institutions keep buying the stock even as skeptics question the chip demand
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Solana Investor Appetite Drives 78% Share of Pre-IPO Tokens
- PreStocks on Solana controls 78% of pre-IPO OpenAI and Anthropic token volume.
- The platform logged $414.7 million in cumulative volume since September 2025.
- Rival Ventuals closed its Hyperliquid markets on June 15 after 21% share.
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FBI Agent Charged With $1 Million Crypto Theft — The Crime His Own Bureau Polices
- Patrick Yaroch, a supervisory FBI agent, faces charges over $1 million in stolen crypto.
- Prosecutors say he used classified access to drain wallets tied to foreign targets.
- ChatGPT logs reportedly show him researching European relocation before his arrest.
BitMine Stakes 87% of Its Ethereum Holdings in Fresh Conviction Bet
- Tom Lee's BitMine staked 150,120 more ETH worth $278 million hours ago.
- BitMine's total staked ETH position hit 5.07 million tokens, 87.4% of holdings.
- The scale suggests BitMine is betting long term on Ethereum's proof-of-stake network.
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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.
Trump Calls Out Exxon, Chevron for Profiting From a War He Started
- Trump says Exxon and Chevron made 'too much money' during the Iran war.
- Chevron's profit more than quadrupled to $12.1 billion in the second quarter.
- Exxon's earnings more than doubled to $14.5 billion on high crude prices.
