Columbus, OH

On Friday, Binance’s U.S. affiliate received approval from a federal judge to invest certain customer assets in U.S. Treasury bills. This ruling lifts restrictions previously imposed by the U.S. Securities and Exchange Commission (SEC), according to Binance.US. The court order mandates Binance.US to transfer cryptocurrency to a third-party custodian...

Binance.US Receives Approval to Invest Customer Assets in U.S. Treasury Bills

Big banks in the US are boosting the amount of cash they’re handing to new customers as the fight for deposits intensifies for the first time in years. JPMorgan Chase and Wells Fargo in particular are battling it out to curb deposit flight triggered by the Federal Reserve’s interest rate hikes, reports the Wall Street Journal.

JPMorgan Chase and Wells Fargo Offering $300 Cash As Banks’ Battle for New Deposits Intensifies for First Time in Years: Report

State Street plans to integrate blockchain for payment settlements, aligning with its strategy to include digital assets. State Street Corp., a Boston-based major player in traditional finance, is exploring the launch of its own stablecoin and tokenized deposits to improve payment settlement using blockchain technology. According to a Bloomberg report...

State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report

CoinDesk

Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO Cory Klippsten said in a social media post that the company will still offer bitcoin {{BTC}} financial services and free bitcoin education. "Without the expectation of significant near-term revenue from our Managed Mining unit, we are pulling our plans to IPO in the near future," Klippsten wrote in the X post. "Accordingly, Swan is pulling back from our accelerated spending plan for our core financial services business. Unfortunately, this includes staff cuts across many functions," he added. ANNOUNCEMENT - @Swan is unlikely to continue with our Managed Mining business in the near term. Without the expectation of significant near-term revenue from our Managed Mining unit, we are pulling our plans to IPO in the near future.Accordingly, Swan is pulling back from our…

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

XRP ETPs are surging with cool $500,000 boost as all eyes turn to upcoming Ripple v. SEC showdown — Could game-changing ruling be just around corner?. According to the latest report from CoinShares, inflows into XRP-focused investment products surged by $500,000 in the past week. While this is a significant decrease from the previous week's inflow of over $1 million, it still represents half a million dollars of inflows.

Ripple v. SEC: XRP ETPs Skyrocket With $500,000 Ahead of Ruling

CBS News

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  When the latest inflation report was released this week, it offered good news for many Americans. After ticking back up unexpectedly in early 2024, inflation cooled again in June, falling to 3.0%, a drop of about 0.1% from the month prior. This is the third consecutive month-over-month drop and the fastest inflation has fallen since June 2023. And, with each drop in inflation, the rate inches closer to the Federal Reserve's 2% target, meaning that the likelihood of future...

Are 1-ounce gold bars still a good investment with inflation falling?

Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

The Motley Fool

Be patient and let your money work for you.

These 2 Simple ETFs Could Turn $100 a Month Into $1.4 million

Kentucky State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

BlackRock’s IBIT posted its highest net inflow since March 13, totaling $526.7 million. Collectively, ten U.S. spot bitcoin ETFs, excluding Bitwise’s BITB, attracted $533.57 million in net inflows. BlackRock’s IBIT, the largest spot bitcoin exchange-traded fund in terms of net asset value, reported a net inflow of $526.7...

BlackRock’s spot bitcoin ETF posts $527 million in net inflow, largest since mid-March

Mississippi State

Jackson, MS

Mississippi News Group

JACKSON, Miss. - In a decisive move today, State Auditor Shad White announced the arrest of Lacosta Lee, a contracted probation officer affiliated with Court Programs, Inc (CPI), on charges of embezzlement. Special Agents from the State Auditor’s Office took Lee into custody following allegations that she misappropriated funds intended for court-ordered fines and fees.

Probation Officer Arrested in Embezzlement Case

Kevin O 'Leary, chairman of O'Leary Ventures and "Mr. Wonderful" on "Shark Tank," spoke with CoinDesk's Jennifer Sanasie. The following is a lightly edited transcript of their interview. Jennifer Sanasie: Alright, I gotta talk about that background. It just looks so lovely. What? Where? Are you sitting by a pool right now? Kevin O'Leary: It's right behind me, it's the Hamptons. I thought it would celebrate a summertime moment. It's a great summer we're having, in particular with crypto policy, so why not enjoy? JS: Exactly. I am completely with you. Well, honestly, it sounds like you've been having a really fun summer. I saw you on stage on Twitter with the Jeff Tuohy band on X just living life, Kevin.

Shark Tank's Kevin O'Leary on Crypto Investing, Ether ETFs and Gary Gensler

New Jersey State

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NewsByJoshua

Recent data from the USDA and FNS reveals troubling issues with SNAP benefits across the United States. Millions of Americans are currently experiencing underpayments or overpayments in their SNAP benefits, which are critical for many families.

Millions of low-income Americans across the nation are facing underpayments in their SNAP benefits

California State

The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

South Carolina State

Town Talks

Navigating North Carolina's Rules on Sleeping in Your Car. As night falls and exhaustion sets in during a long drive, the urge to pull over for a quick nap becomes strong. However, travelers on North Carolina’s highways should be aware that a roadside snooze might come with legal complications.

Is It Illegal To Sleep At A North Carolina Rest Area, Here is What You Need to Know

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

The growing size and number of banks with at least $100 billion in assets warrants closer examination to protect the safety of the financial system, said Acting Comptroller of the Currency Michael Hsu. Speaking July 17 in Washington, D.C., Hsu noted the number of banks with at least $100 billion...

Hsu: Growing number of large banks warrants closer review

"This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc.

BlockFi Administrator Submits Plan in Court to Make Customers Whole

Redbox, the iconic movie rental company with over 34,000 locations nationwide, has announced the closure of its operations following its parent company's filing for Chapter 11 bankruptcy. This decision has left many of its loyal users saddened, marking the end of an era for physical media enthusiasts.

A rental company with 34,000 locations has closed its doors

Investors traded over $1 billion worth of shares - or ether {{ETH}} - of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows.

Ether ETF Volumes Top $1B on Day One

NewsBreak

Crypto Exchange Woo X Allows Daily Interest Withdrawals From T-Bill-Backed Earn Vaults

The upgraded RWA Vaults allows users to withdraw Treasury Bill-backed interest on their USDC, on a daily basis. Woo X and partners OpenTrade claimed bragging rights...

Crypto Exchange Woo X Allows Daily Interest Withdrawals From T-Bill-Backed Earn Vaults

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