Strategy should halt its bitcoin purchases and rebuild its cash reserves, research firm Cryptoquant warned, after the company’s dividend coverage collapsed from more than seven years to just 14 months and its preferred stock kept trading below face value. A Collapse in Dividend Coverage Strategy Inc. (Nasdaq: MSTR) should pause its bitcoin accumulation and prioritize […]
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Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion
Elon Musk’s SpaceX raised $25 billion in its first-ever corporate bond sale, drawing nearly $90 billion in investor orders, less than two weeks after the company’s record-setting initial public offering (IPO). A Heavily Oversubscribed Debut SpaceX priced $25 billion of investment-grade notes on June 23, in what ranks as one of the largest debut corporate […]
Read MoreHut 8 Investors Reach $2.35 Million Settlement Over US Bitcoin Merger Claims
Hut 8 (NASDAQ: HUT) has agreed to pay $2.35 million to settle a proposed securities class action brought by investors who accused the bitcoin miner of misleading the market about operational problems tied to its 2023 merger with U.S. Bitcoin Corp. This article first appeared in The Energy Mag. The original article can be viewed […]
Read MoreBrazil Can Now Freeze Illegal Betting Operators’ Funds, Not Just Block Sites
A decree signed by President Lula on June 19 lets Brazil’s gambling regulator order banks to freeze the accounts of unlicensed betting operators within 24 hours – and, after due process, seize the money for an anti-crime fund – shifting enforcement from blocking websites to choking the financial rails beneath them. From web blocks to […]
Read MoreUS House Sends Fed CBDC Ban to Trump’s Desk as Housing Bill Clears Congress
The U.S. House of Representatives has approved the 21st Century ROAD to Housing Act, sending legislation that bars the Federal Reserve from issuing a central bank digital currency (CBDC) through 2030 to President Donald Trump for his signature. A Four-Year Ban Tucked Into a Housing Bill The House gave final approval to the sweeping housing […]
Read MoreShe Won $71.5 Million, Then a Rule Change Froze Her Lottery Payout
An 83-year-old Texas retiree using the pseudonym Jane Doe hit a $71.5 million Lotto Texas jackpot on Feb. 17, 2025, after buying her ticket through the Jackpocket app. Seven days later, the Texas Lottery Commission banned third-party courier services, and her payout has been frozen amid an investigation by the Texas Rangers. Doe sued the […]
Read MoreDWF Labs Says $31 Billion in RWAs Is Onchain but Less Than 10% Is Active in DeFi
DWF Labs says more than $31 billion in real-world assets have moved onchain, but most of that capital remains inactive. The firm argues that tokenization’s next phase will be won by platforms that make these assets liquid, tradable, and useful inside DeFi. Blackrock, Maple, and Figure Compete to Unlock Utility for $31 Billion in RWAs […]
Read MoreHSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows
HSBC has launched its tokenized deposit service in the United Arab Emirates, introducing the UAE dirham to its blockchain-based corporate cash management network. Regulatory Readiness Meets Market Demand HSBC Bank Middle East Limited has launched a tokenized deposit service in the United Arab Emirates, introducing around-the-clock blockchain-based cash management for corporate clients and adding the […]
Read MoreBitmine and Sharplink Fund Ethlabs to Scale Ethereum for AI and Institutions
Ethlabs, a new independent nonprofit research lab founded by former Ethereum Foundation researchers, has launched to strengthen Ethereum’s core infrastructure. The group is backed by major ecosystem participants, including Bitmine, Sharplink, Joe Lubin, Anchorage, Octant, and SNZ. Ethlabs Forms Independent Research Group to Strengthen Ethereum’s Core Network A group of senior Ethereum contributors has launched […]
Read MoreCboe Launches Prediction Markets With Yes-or-No S&P 500 Index Contracts
Cboe launches prediction markets-style binary options tied to the Mini-S&P 500 Index, scaled to one-tenth the S&P 500 benchmark, allowing traders to take yes-or-no positions through broker platforms including Interactive Brokers, with fixed $100 or $0 payouts at settlement. Binary Options Introduced Through Retail Brokerage Channels Cboe Global Markets (CBOE) announced on June 23, 2026, […]
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