Web3 teams burn through cloud budget faster than almost any other category of startup. The reasons are structural: heavy RPC traffic, expensive storage for indexers and historical data, GPU usage for ZK proving and ML-adjacent work, and a habit of spinning up isolated environments per chain, per network, per testnet. The result is that even […]
Leading crypto advocacy group, The Digital Chamber, has told the Office of the Comptroller of the Currency(OCC) to hold its ground on the national trust bank charters it has granted to crypto firms, rejecting Senator Elizabeth Warren’s characterisation of the approvals as legally improper and potentially dangerous to the financial system. In a letter sent […]
US President Donald Trump has publicly entered the escalating fight over prediction markets, declaring that the Commodity Futures Trading Commission(CFTC) holds exclusive authority over the space and calling out state officials by name for attempting to regulate platforms that his administration considers under federal jurisdiction. Taking to social media platform Truth Social on Tuesday, Trump […]
In a significant development, crypto exchange OKX has introduced Exchange OS, a new platform built on its Ethereum-compatible Layer 2 blockchain X Layer, that allows developers, institutions, and ecosystem participants to create and deploy their own spot, perpetual, and outcome markets using the same infrastructure that powers the OKX exchange. Commenting on the development, OKX […]
Kevin Warsh officially became the chairman of the United States Federal Reserve on Friday, taking the oath of office administered by Supreme Court Justice Clarence Thomas. The Federal Open Market Committee voted unanimously to select Warsh for the role. Trump attended the ceremony and used the occasion to signal his expectations for the new chair, […]