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BNB Chain Surges: Daily Transactions and Derivatives Volume Hit Multi-Month Highs
Daily active addresses and transactions on BNB Chain surged to multi-month highs. Derivatives volume jumped over 60% as traders bet on volatility around $700 level. Binance Chain [BNB] has experienced a dramatic spike in user activity, with daily transactions rising from 6 million to over 15 million since early May and active addresses nearing the 2 million mark. This 150%+ surge in activity pointed to a rapidly growing utility and user engagement across the network. Meanwhile, BNB was trading at $654.03 at press time, reflecting mild intraday weakness of just 0.09%. Despite the price cooling, the uptick in transactional usage...

Texas Halts Funding for Border Wall Construction Amid Changing Immigration Landscape
AUSTIN, Texas Texas has stopped putting new money toward building a U.S.-Mexico border wall, shifting course after installing only a fraction of the hundreds of miles of potential barrier that Republican Gov. Greg Abbott set out to construct four years ago. State lawmakers this month approved a new Texas budget that does not include continued funding for the wall, which had been a multibillion-dollar priority for Abbott as part of a sprawling immigration crackdown. He even took the unusual step of soliciting private donations for construction, saying in 2021 that many Americans wanted to help. On Tuesday, Abbotts office said...
Senate Finance Chair Crapo Faces Criticism Over Tax Provisions and Medicaid Changes
Hawley separately critiqued the tax provisions rolled out by Senate Finance Chair Mike Crapo (R-Idaho), calling the package a departure from what President Trump called for in a Tuesday morning interview with MAGA strategist Steve Bannon: They want to roll back some of these Trump tax cuts, the populist tax cuts: no taxes on tips, no taxes on overtime. He told reporters in the Capitol that he had spoken with Trump about the Senate proposal, describing the president as surprised by the bills Medicaid language. And Collins, who met with Vance separately this week, said she is still suggesting changes...