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George Santos Kalshi Bet Cost Him $35,000: Who Caught Him First?
- George Santos must pay $35,000 for betting against his own attendance.
- He told people he would attend. He quietly bet he would not.
- Kalshi flagged the trades in seconds. Traders filed 100 complaints in minutes.
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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.
Consensus Is the Last Middleman: The Case for Quantum Money
- Quantum money could make cash impossible to forge, removing the last middleman entirely.
- The idea predates Bitcoin, tracing to a rejected 1968 physics manuscript.
- Experts say quantum memory limits still keep the technology a few years away.
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Microsoft Copilot Lawsuit Deadline Is August 11: Will Investors Get Money Back?
- Microsoft investors have until August 11 to take charge of the lawsuit.
- The suit says Microsoft hid Copilot problems before a 10% stock drop.
- Microsoft has since added $450 billion in value, a US record.
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3 Altcoins That Could Hit New All-Time Highs This Weekend – August 1,2
- LEO trades 6.5% below its all-time high inside a descending channel.
- WBT must reclaim $58 resistance to challenge its $64.43 record.
- RAIN tests last support at $0.013 with RSI sliding to 35.
Roblox Stock Sinks Nearly 14% After-Hours as New Child Safety Measures Weigh on Outlook
- Roblox shares dropped 14% after hours on mixed second quarter results.
- Bookings growth crashed to 8% from 63% just two quarters earlier.
- Weak third quarter bookings guidance trailed analyst expectations sharply.
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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.
Bitcoin’s $437 Billion Quantum Exposure Meets IBM’s 2028 Deadline
- IBM CEO Arvind Krishna expects quantum computing to affect earnings by 2028 or 2029.
- Google research cut the qubits needed to break Bitcoin's encryption roughly 20-fold.
- Nine institutions formed the Bitcoin Security Consortium with $15 million in pledges.
