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No, Texas Has Not Prohibited Merchant Cash Advances

No, Texas Has Not Prohibited Merchant Cash Advances

Texas Sales-Based Financing Update When Texas introduced HB700 last June, deBanked noted that a significant part of the legislation imposes a ban on automatic debits from recipients’ savings accounts by commercial financial providers. Some critics quickly dismissed our perspective, arguing that the analysis regarding merchant cash advances (MCAs) was flawed. However, we believe the ban […]

Arkansas Powerball player wins $1.82 billion jackpot — the second biggest prize ever in the US — and selects the cash option

Arkansas Powerball player wins $1.82 billion jackpot — the second biggest prize ever in the US — and selects the cash option

Arkansas Lottery Players Claim Historic Powerball Jackpot Players in Arkansas have made headlines by claiming a staggering $1.82 billion Powerball ticket, marking the second-largest jackpot in the game’s history. However, the identities of the winners are currently unknown. The fortunate winner decided to stay anonymous, opting for a lump sum cash payout of $834.9 million […]

Mets trade Cooper Criswell to Mariners for cash.

Mets trade Cooper Criswell to Mariners for cash.

The Mets are still on the move. In a transaction that might feel minor compared to their flurry of deals last week, the Mets have traded pitcher Cooper Criswell to the Mariners for cash, a move Seattle confirmed on Friday. Criswell had been designated for assignment earlier this week on Wednesday. This 29-year-old right-hander is […]

Costco subtly increases gas rewards for credit card users to 5% cash back.

Costco subtly increases gas rewards for credit card users to 5% cash back.

Costco Boosts Gas Perks for Credit Card Holders Costco has made a cautious adjustment to its gas rewards for members holding private label credit cards. If you’re a holder of the Costco Anywhere Visa card from Citi, you’ll now earn 5% cash back at Costco gas stations, an increase from the previous 4%. This enhanced […]

Bitcoin Short-Term Holders Cash Out: 41,800 BTC Transferred to Exchanges

Bitcoin Short-Term Holders Cash Out: 41,800 BTC Transferred to Exchanges

Short-Term Bitcoin Holders Move Tokens Amid Price Recovery On-chain data indicates that short-term Bitcoin holders have been transferring significant amounts of their tokens to exchanges alongside a recent recovery rally in the asset’s price. Profit-Making Trades by Short-Term Holders In a recent discussion on X, CryptoQuant analyst Maartunn highlighted the latest trends in how short-term […]

Eric Adams Introduces Memecoin to Address Antisemitism Amid Cash Grab Claims

Eric Adams Introduces Memecoin to Address Antisemitism Amid Cash Grab Claims

Investors Accuse Eric Adams of Extortion Over New Token Investors have raised concerns about former New York City Mayor Eric Adams, alleging that he might be extorting money amid the launch of a new meme coin designed to fight anti-Semitism. On Monday, Adams introduced the “New York Token” in a video shared on social media. […]