Why Microsoft’s stock is soaring toward a historic gain after earnings
The company’s cloud business is sporting impressive growth, and Microsoft expects to avoid heading into cashburn mode as it spends up on AI. Source:MarketWatch
Fake staking site drains $8.5 million in XRP from dozens of investors promising easy yield
Seoul police say the amount of the scam might rise to nearly $20 million. Two alleged scammers were detained and a third remains atlarge. Source:CoinDesk
BitRiver founder charged in Russia over alleged $8M fraud
Russian authorities charged BitRiver founder Igor Runets with alleged fraud tied to a $8 million crypto mining equipment deal involving Russian billionaire…
GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward Source:MarketWatch
Telegram faces terror-related legal action in Australia one day after founder is charged by Russia
The platform faces a fine of up to $38 million for allegedly failing to remove terrorrelated content. Source:CoinDesk
Samsung unit explores stablecoin infrastructure with Upbit’s operator
Samsung SDS is discussing stablecoin infrastructure and AIbased payment models with Dunamu, the operator of South Korean crypto exchange Upbit.…
Wall Street just suffered a historic crash in highflying stocks. Why a quick tech rebound could be a trap.
A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG’s Jonathan Krinsky.…
Bitcoin ETFs on track for the smallest monthly inflows ever
Your dayahead look for July 30, 2026 Source:CoinDesk
‘Don’t get suckered like I did’: I paid $185 to the wrong passport website. Can I get my money back?
“I will file a complaint with the Better Business Bureau.” Source:MarketWatch
BitRiver founder charged in Russia with $12.5 million fraud
Igor Runets has been transferred to a pretrial detention facility from house arrest as he faces accusations of failing to deliver on a contract. Source:CoinDesk
Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.
Should policymakers look beyond the payroll tax to cover this share of the deficit? Source:MarketWatch
Crypto exchange Luno cuts 20% of staff amid automation push and retail trading slumps
The DCGowned company previously cut 35% of staff in January 2023 citing tough market conditions. Source:CoinDesk