Thomas Kurian: Existing customers' actual expenses exceed the promised amount by about 50%
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Thomas Kurian stated that the actual expenses of existing customers exceeded the promised amount by about 50%, which drove a year-on-year increase of 82% in cloud business revenue.
Cardano founder Charles Hoskinson compared Cardano's development strategy with Anthropic's rise in an interview and emphasized the importance of building methods. (CoinDesk)
Ripple launches the Ripple Mint platform, allowing institutional users to mint, redeem, and manage RLUSD stablecoins through the UI or API. (Cointelegraph)
A Hyperliquid trader closed multiple BTC orders worth $21.59 million, earning $49913. The address 0x16bf... e637 currently has no active perpetual contract positions and holds 106.13 BTC, earning a total profit of $3.88 million with a winning rate of 57%. (Onchain Lens)
The US Treasury Department's issuance of $21 billion 10-year TIPS resulted in a winning yield of 2.438%, a new high since 2008 and about 2 basis points higher than market expectations at the 1pm bidding deadline in New York time.