Travis Wright breaks down the EU's sweeping crypto ban targeting Russian users that puts 120 billion dollars in flux, Elon Musk's startling confession about unstoppable AI superintelligence, and how China's free AI models are threatening to bankrupt American labs.

July 24, 2026 — 386 words / ~2.6 min

Stories covered:

  1. EU Bans Any Crypto Network Serving Russian Users—$120B at Stake
  2. Musk Admits He Can't Stop AI Superintelligence, Bets We Survive Anyway
  3. U.S. AI Labs Face Extinction as China's Free Models Crush API Revenue