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Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers
- Quantum Solutions raised its ETH sale cap from 1,875 to 4,375 tokens.
- Subsidiary GPT Pals Studio sold 1,000 ETH at $1,903 on July 30.
- Proceeds will support the firm's AI data center business, including GPU purchases.
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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.
Australia Sues Telegram Over Alleged Failure to Remove Terror Content
- Australia's eSafety sued Telegram over alleged failure to remove pro-terror content.
- Breaching Australia's online safety codes carries civil penalties reaching A$54.6 million.
- The platform rejected the allegations and said it will contest them in court.
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Coldcard Bitcoin Theft Ongoing: Is Your Wallet Affected?
- Coldcard theft is ongoing, draining 594.48 BTC from multiple devices.
- Predictable device IDs and boot timing let hackers rebuild private keys.
- Firmware updates cannot fix old seeds; users must migrate funds now.
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US and China Led $20 Billion World Cup Prediction Market Boom, Chainalysis Says
- World Cup prediction markets generated $20 billion in volume, led by US and China bettors.
- Tournament bets captured 63% of all prediction market activity, per Chainalysis.
- Around 3,700 wallets, under 1% of all bettors, showed illicit transaction histories.
ETH/BTC Ratio Hits 3-Month High: But Don’t Count on Altcoin Season Yet
- ETH/BTC ratio topped 0.030 as Bitcoin dominance climbed alongside it, not against it.
- Smaller altcoins' combined market share fell 2.2 percentage points in a month.
- Altcoin sell pressure outside BTC and ETH ran for 15 straight months through mid-June.
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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.
Starbucks Stock to $120? Cramer Says Turnaround Is Accelerating
- Jim Cramer raises Starbucks price target to $120 after Q3 earnings beat.
- Shares rose 3% Thursday to $107, up 26% year to date.
- Niccol's turnaround delivered a fourth straight quarter of sales growth.
