Weekly Crypto Card Digest: Jul 27 - Aug 2 - @0xinfini : personal and business accounts merged into one login, and EasyEarn filled up to 97% at 7-8% APY - @RedotPay : $GRAM is spendable in the app after the TON conversion, plus a $5 deposit only card that receives 22+ currencies - @useTria : Season 3 is live, and $350K+ of the ambassador payout is commission on card spend - @eldoradoio : added Direct sending next to P2P, so you pick the best rate or the fastest route, and launched a multisig business account - @wirexapp : around $2B in annualised card spend across their rails, July set all time highs in spend, transactions and wallets - @solflare : cards stopped working mid checkout on Jul 28 after their issuer wound down, funds stayed untouched because the card spends straight from the wallet - @oobit : cash from any NFC ATM worldwide, no physical card and no bank account, up to $250 a time, three times a day - @Exa_App : raised $2.2M led by Kaszek with the Base Ecosystem Fund, and added the Exa Card to Google Wallet in one click - @usemotocard : free beta ended Aug 1, membership is now $2,500 a year or $250 a month, Visa Infinite with up to $200 monthly statement credits - @raincards : became a launch partner of ION Protocol, cross chain stablecoin mints and burns settled 1:1 in seconds - @FlexSuperApp : shipped a cashback calculator, and one member put $2.35M through the card in a single swipe for around $117,500 back - @PulsarMoneyApp : integrated LI.FI so swaps happen inside the app from day one of Arc mainnet, and introduced Eura, their in app assistant - @KoloHub : Arbitrum, Base and Optimism were the top three networks for Kolo card spend in July - @ready_co : same issuer as Solflare, same day, cards went down with no notice, subscriptions are being refunded automatically - @BitgetWallet : Assetback is live, 3% back on every purchase in gold, Bitcoin or tokenised stocks instead of cashback - @moonpay : launched PayBox, your AI agent creates a one time virtual card and completes the purchase for you - @avici : Avici for Agents, connect ChatGPT or Claude to your cards, CLI and MCP in beta, agents can read spending but cannot move money yet - @MetaMask : the card now spends your stables across Solana, Monad, Base and Linea, with cashback landing as mUSD in the Money Account - @Plasma : Grok added to the AI cashback list at up to 10% back - @Krak : virtual IBAN added in six more countries, now live across 23 EEA countries What did I miss?

How do no-KYC Crypto Cards actually work? A virtual card in minutes, no documents. I read the fine print of the biggest ones. Here's how this business actually works: - none of these services issue cards. They're middlemen reselling corporate cards from real licensed issuers, white-label - who actually holds your money is hidden on purpose. The terms literally say the issuer's identity is "not disclosed", so you can't check who you're trusting - anonymity is the product and you pay for it: top-up fees up to 5%, conversion, FX. All-in losses can reach ~10% per purchase, and the fees are non-refundable - your balance can be frozen at any moment, at their discretion, with or without notice. Some terms go as far as closing the account "and forfeiting any remaining balance" - if the service fails you, liability is capped at a few months of your fees. Indirect losses excluded - withdrawals run by their rules too: stablecoin only, minimums, cooldowns. Close a card with a small balance and it may simply never come back - the punchline: they still run compliance checks. Fail one and funds get frozen anyway. No-KYC means nobody protects you, not that nobody checks you The legal reality: you are not the payment network's customer, and your balance is not a bank deposit, not insured by anyone. When the service disappears, and these tend to, there is nobody to complain to. You never proved who you are Would you keep more than pocket money on one?