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Coldcard Bitcoin Exploit Enters Fourth Wave With 462 New Suspected Victims
- Galaxy Research warns a potential fourth attack wave is targeting Coldcard wallets.
- The reported losses across three waves total 1,367 BTC, worth $88.6 million.
- Coldcard destroyed vulnerable inventory and urged users to create new seeds.
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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.
James Wynn Holds Losing S&P 500 Short as Liquidations Reach 22
- James Wynn has been liquidated 22 times on his S&P 500 position.
- He still holds a $530,900 short at 50x leverage despite $73,100 in losses.
- The S&P 500 has gained over 13% since Wynn's April call to short US stocks.
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Weak June Jobs Data Lifted Bitcoin to $62,000. Will Friday Send BTC Tumbling?
- June's jobs miss sparked a 4% Bitcoin rally past $62,000 in early July.
- July payrolls are forecast at 88,000, far above June's 57,000 print.
- Hawkish Fed dissents and rising yields raise the odds of a hot-print selloff.
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XRP ETFs Keep Drawing Cash, So Why Is the Price Down 40%?
- XRP ETFs pulled in $27.29 million in July, extending a four-month inflow streak.
- The token trades near $1.08, down roughly 40% since January, per CoinGecko data.
- Bitcoin and Ethereum funds still dominate, pulling in $172 million and $365 million in July.
Oil Plunges 9% as Trump Sets Monday Talks to Reopen Hormuz
- Brent crude fell 9% to $82.83 before paring losses to $84.06.
- Trump says he called off a strike after allies, and Iran, asked.
- Iran's state media denies requesting the attack be called off.
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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.
Stop Acting Like the CLARITY Act Is Everything, Former Regulator Says
- Giancarlo says crypto innovation continues whether the CLARITY Act passes or fails
- He compares crypto to the internet, which grew without an authorizing statute
- CLARITY has sat on the Senate calendar since a 15-9 committee vote
