Key Takeaways Jackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout. Texas Rangers probe may reshape courier-app rules affecting DraftKings and lottery sales. Jane Doe sued on May 19, 2025; courts could decide if retroactive bans can stand. An 83-year-old Texas retiree hit the Lotto Texas jackpot on 2/17/2025, only…
The US House has passed a major housing bill that includes a ban on central bank digital currencies until 2030, in what is set to be a major win for Republicans who have long pushed for such a measure. The House voted 358-32 on Tuesday to pass the 21st Century ROAD to Housing Act, a…
Swell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer 2 chain after deciding that slower restaking growth and cheaper Ethereum transactions had weakened the case for keeping it alive. The project told users to bridge assets off Swellchain by June 23 or risk leaving funds on a chain they may not…
In the latest close session, Southern Co. (SO) was up +1.61% at $94.93. This change outpaced the S&P 500’s 1.44% loss on the day. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%. Shares of the power company witnessed a loss of 1.18% over the previous month, beating the performance of…
Key Takeaways DWF Labs says $31B+ in RWAs is onchain, but under 10% is active in DeFi. Blackrock’s BUIDL highlights liquidity issues, with fewer than 30 transfers monthly. Maple Finance and Figure are building tools to unlock RWA trading, yield, and scale. Blackrock, Maple, and Figure Compete to Unlock Utility for $31 Billion in RWAs…
The US Commodity Futures Trading Commission filed a lawsuit against Kentucky on Tuesday after the state sued prediction market operators last week, accusing them of operating unlicensed and illegal gambling platforms. The lawsuit, filed in federal court, seeks to block Kentucky’s legal action against five prediction markets filed on Wednesday last week, calling for declaratory…
Teradyne (TER) ended the recent trading session at $420.12, demonstrating a -8.07% change from the preceding day’s closing price. This change lagged the S&P 500’s 1.44% loss on the day. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 2.22%. Shares of the maker of wireless products, data storage and equipment…
Key Takeaways HSBC launched its tokenized deposit service in the UAE, adding the dirham to a 24/7 blockchain cash network. The rollout expands HSBC Orion’s footprint, boosting corporate liquidity across global markets. Next, eligible corporate clients can instantly onboard the network subject to UAE regulatory approvals. Regulatory Readiness Meets Market Demand HSBC Bank Middle East…
A group of US Senate Democrats is urging Senate Republican leaders to hold hearings into a reported $500 million deal between the Trump family’s crypto firm and Abu Dhabi royalty. In a letter on Tuesday, the Democrats told Republicans, who control the Senate, lead its committees and decide on hearings, that they should “immediately hold…
Dow Jones Industrial Average reshuffle adds Alphabet while Honeywell undergoes a spin-off of its aerospace business. Alphabet will replace Verizon in the Dow Jones Industrial Average effective before the June 29 market open. Alphabet’s inclusion expands DJIA exposure to AI, cloud, advertising and digital services, according to S&P Global. Honeywell will remain in the index…
