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Denny Hamlin and Michael Jordan got a victory in court over NASCAR on Wednesday. (Photo by Chris Graythen/Getty Images) 23XI Racing and Front Row Motorsports got a victory over NASCAR in federal court on Wednesday. Judge Kenneth Bell ruled in favor of the teams’ request for a preliminary injunction to race as chartered teams in … Read more
View gallery Image Credit: Kristina Bumphrey/Starpix/Shutterstock Last year, CBS confirmed that its long-running police drama Blue Bloods was coming to an end after 14 seasons on the air. Now that the series finale premiered, fans are still asking one question: Why was Blue Bloods canceled after less than 15 seasons? During a December 2024 interview … Read more
WASHINGTON, D.C. — The crypto industry got a promise for action Tuesday from the Republican U.S. lawmakers who will have the authority to move digital assets legislation, with key members of the Senate and House of Representatives saying the sector will finally get what it’s awaited for years. The incoming Republican chair of the U.S. … Read more
CHARLOTTE, N.C. (AP) — The two teams suing NASCAR over an antitrust complaint were granted a preliminary injunction Wednesday that allowed them to compete as chartered teams in the 2025 season. 23XI Racing, the team owned by NBA Hall of Famer Michael Jordan and three-time Daytona 500 winner Denny Hamlin, and Front Row Motorsports refused … Read more
The U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to the 4.25%- 4.50% range, its third consecutive easing move this year and now marking a total of 100 basis points of rate cuts since September. Market participants had fully expected Wednesday’s move by the central bank, but recent data had … Read more
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Marc Hochstein, CoinDesk’s deputy editor-in-chief for features, opinion and standards. In this issue: Solana was the biggest draw for new crypto developers in 2024 No wonder: Solana’s transaction volume is off the charts Coinbase alums take next step … Read more
Next year, SEC football will be hitting the small screen. The conference announced Wednesday that its teams will be featured in a Netflix docuseries, covering the 2024 season. The series, which includes eight 45-minute episodes, is currently in production and will release next summer. The series will reportedly only feature 10 of the SEC’s programs, … Read more
Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with Matter Labs’ ZKsync technology. Bloomberg reported the project Wednesday, and a representative for Matter Labs confirmed the story. The chain will be “a public and permissioned L2,” Omar Azhar, the head of business development at Matter Labs, told CoinDesk over Telegram. … Read more
Wall Street’s rate cut outlook is overly pessimistic. This week brings an important update for investors everywhere. The Federal Reserve will update its interest rate policy on Wednesday Dec. 18. The consensus expectation is for a 25 basis point cut, lowering the effective rate to 4.4% from the current level of 4.7%. The more important … Read more
Cleveland Browns head coach Kevin Stefanski made the team’s quarterback change official on Wednesday: Dorian Thompson-Robinson will start Sunday against the Cincinnati Bengals, and Jameis Winston will be on the bench as QB2. Stefanski announced the news during his media availability, saying he “wanted to give [Thompson-Robinson] an opportunity and give him an entire week … Read more