Business
Bitmine Hits $46M in Ethereum Staking Revenue Following Business Pivot
Bitmine generated $46 million entirely from Ethereum staking in its latest quarter. The company now controls 4.8% of the global ETH supply with $10.5 billion in holdings.
Business
McDonald’s Debuts Caesar Sauce and $2.99 Snack Wraps in Nostalgic Menu Overhaul
McDonald's is officially bringing back the snack wrap format on July 21. Priced at $2.99, the new Caesar Snack Wrap leads a trio of menu items aiming to deliver salad flavors without actual salads.
Business
Trump Drops 20% Hormuz Cargo Fee as U.S. Gas Prices Approach $4
The U.S. Navy officially resumed its blockade on Iranian ports Tuesday, threatening to push national gas averages past the $4 "psychological barrier" within 10 days.
Business
CFTC Overrides Michigan Court: Regulator Blocks Kalshi Trade Cancellations
The CFTC has invoked emergency authority to stop prediction market Kalshi from canceling trades made by Michigan residents, directly defying a June 29 state court order.
Business
Senate Democrats Block Clarity Act as Ethics Concerns Mount Over Crypto Lobbying
Senators Murphy, Van Hollen, and Merkley have officially blocked the Clarity Act, citing corruption concerns and a lack of ethics guardrails regarding President Trump’s crypto profits.
Business
What Happens When a Country Runs Out of Foreign Currency Reserves
When a country runs out of foreign currency, it loses the ability to buy essential imports like fuel and medicine on the global market. Here is the mechanical breakdown of a sovereign default.