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Editor’s Note — This article is sponsored by Chime. As with all sponsored content in Fintech Takes, this article was written, edited, and published by me, Alex Johnson. I hope you enjoy it! As I am fond of saying around here, you are your business model. Companies can talk all they want about their mission — about financial inclusion, customer empowerment, or building the future of money. But over the long term, what they actually end up doing is always a function of the incentives embedded in how they make money. If you want to understand how a financial services…
Key TakeawaysCash and 25,000 USDT allegedly funded murder-for-hire payments.Complaint alleges $750,000 was converted into cryptocurrency.Federal probe also describes suspected money laundering and BSA violations. Prosecutors Allege Crypto Payments Completed Murder-for-Hire Scheme The U.S. Department of Justice (DOJ) announced the arrest of the Moneyflip CEO over an alleged murder-for-hire plot on July 30. Marcos Arturo Kleiman Tronllan, CEO of Moneyflip LLC, was arrested in Miami after a criminal complaint alleged he hired undercover agents posing as hitmen to kidnap and kill a Mexican businessman over an unpaid debt. The U.S. Attorney’s Office for the Southern District of California identified Moneyflip as…
In brief Google removed an AI image-generation feature from Google Earth on July 31, just a day after its July 30 launch, saying users were sharing generated imagery that appeared to violate its policies. Journalists and open-source researchers showed the Nano Banana tool could easily fabricate events that never happened—a blast crater in Los Angeles, a flooded U.S. Capitol, Iran’s Kharg Island on fire—raising fears it could supercharge misinformation. Google’s defense that images carry a SynthID watermark failed to reassure critics, and the company said it would only restore the feature after adding stronger guardrails, giving no timeline. Google has…
Japan-listed Quantum Solutions expanded the amount of Ether its group may sell through Oct. 30, 2026, after subsidiary GPT Pals Studio sold another 1,000 ETH to help fund its AI data-center push. The group can still sell up to 2,471 ETH, while only 1,714.8 ETH of its present balance is disclosed as outside a lender pledge.The July 30 board action raised the aggregate ceiling from 1,875 ETH to 4,375 ETH. Together with 904 ETH sold on June 16, the latest transaction brought sales under the policy to 1,904 ETH.GPT received $1.903 million in aggregate proceeds, net of transaction fees, at…
Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex.”Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the analysts wrote.Security concerns lingerSeparately, the market is also digesting the fallout from a major exploit involving Coldcard, which resulted in at least $38 million worth of bitcoin being stolen.The incident hasn’t materially affected price action, but it marked another blowback as digital asset-related exploits have surged and reignited debate around risks of self-custody, one of crypto’s…
Jessie A Ellis Jul 31, 2026 22:44 NVIDIA unveils practical guidelines to improve AI performance in long-context inference, addressing challenges in efficiency and scalability. NVIDIA has released a new framework for optimizing attention mechanisms in AI models, aimed at enhancing performance during long-context inference. As context lengths in workloads grow to unprecedented levels—spanning tens of thousands of tokens—these advancements are critical to addressing the computational bottlenecks of traditional attention methods. The company’s approach details four key design principles for developers to maximize GPU utilization and inference throughput. These guidelines tackle inefficiencies in handling…
investingLive Americas FX news wrap 31 Jul; It’s a wrap for the month of July !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
The first full week of August will test whether the US Dollar can recover from its sell-off during the last week of July as investors shift their attention from central bank decisions to a fresh round of economic data. The spotlight will be on July’s Nonfarm Payrolls (NFP) report, while ISM surveys, ADP Employment figures and JOLTS Job Openings will offer additional clues on the strength of the US economy. In Europe, investors will assess whether inflationary pressure is beginning to ease through Producer Price Index (PPI), Retail Sales and Factory Orders data. Meanwhile, China will release key PMI and…
The Kiwi Dollar extends its three-day rally, climbing above 0.5850 and is poised to challenge 0.5900 amid improving risk appetite and broad US Dollar weakness. The clearance of the 200-day Simple Moving Average (SMA) supports the bullish trend, as traders eye the May monthly high at 0.5995.NZD/USD Price Forecast: Technical outlookThe daily chart shows that market structure is becoming more constructive, indicating further upside in the NZD/USD pair. After surpassing the confluence of the 100- and 200-day Simple Moving Averages (SMAs) at around 0.5821/23, the pair is poised to hurdle the 0.5900 figure.Momentum has clearly shifted bullish. The Relative Strength…
CBS News reported that the United States and Israel may engage in a large campaign against Iran, targeting Iran’s energy infrastructure, said multiple sources.The duration would be over the weekend ahead of next week’s Asian open in the financial markets. The article mentions that US sources revealed that Israel has been notified and “are coordinating with the United States.” The US “president has yet to give the final go orders for the strikes, the sources said.”Meanwhile, an Israeli official told CBS News, “Israel is unaware of a decision to restart full military operations, nor has been requested of Israel to…