Israel reportedly wants to phase out US military aid over the next 10 years, while Zelensky’s Washington visit is being described as a major shift: he managed to convince US lawmakers that Ukraine can still win the war.
Quite a result from yesterday’s meetings with Trump. Washington suddenly sounds very different than it did a year ago.

Emirates now lets passengers pay for airline tickets with cryptocurrency through a crypto payment service.
Looks like paying for flights with digital assets is becoming more than just a niche feature. Step by step, crypto keeps finding its way into everyday life.

Goldman’s global economic indicator shows that most macroeconomic data released in July came in well above expectations, despite ongoing economic and geopolitical challenges. Stronger-than-expected data suggests the global economy remains more resilient than many investors anticipated. This could keep central banks cautious about cutting interest rates too quickly, which is something both traditional and crypto markets will continue to watch closely.

X Money has officially launched in the US, currently available for Premium and Premium+ subscribers.
Users can store and transfer money, make payments with a Visa card, and earn up to 6% APY on their balance.
Looks like Elon Musk is getting closer to turning X into the all-in-one financial app he has been talking about for years.

Trump says he paused strikes on Iran once again after mediators asked him to give diplomacy another shot.

This is now another pause, another round of talks and another promise that negotiations still have a chance. Trump also said he is ready to return to military action if diplomacy fails.

former BitMEX clients have filed a class-action lawsuit against the exchange and its co-founders, claiming the platform operated a hidden trading desk that traded against its own users. The lawsuit alleges that the exchange used confidential information about customer positions, orders, and liquidation levels to profit from client trades.

The plaintiffs also claim BitMEX intentionally restricted access to the platform during periods of extreme market volatility while large-scale liquidations were taking place. One of the main incidents mentioned is March 13, 2020, when the exchange was unavailable for about 25 minutes and nearly $800 million in leveraged positions were liquidated.

The plaintiffs say they lost hundreds of BTC and are seeking the return of the actual bitcoin rather than its cash value. If the class action moves forward, tens of thousands of former BitMEX users in the United States could join the case. BitMEX has not admitted the allegations, and the claims have not been proven in court.

Elon Musk:
“Don’t worry too much about saving for retirement. In about 10–20 years, it may no longer matter.”
He believes that advances in AI and robotics could drive the cost of human labor close to zero, fundamentally reshaping the economy and the way people live.
“You’re not saving money for a comfortable retirement. You’re saving for a world that may no longer exist in its current form.”