Riot reports $33 million in first data center revenue as AMD doubles contracted capacity
Most of Riot Platforms' data center revenue came from lower-margin fit-out work, while recurring leases played a smaller role....
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Tokenized RWA market grows 420% since 2025 on regulatory clarity, access
Tokenized real-world assets surged 420% since early 2025, reaching $30.2 billion market cap, driven by regulatory clarity and institutional adoption. Tokenized US Treasurys led growth, jumping from $3.9 billion to $15 billion. Regulatory frameworks like Europe's MiCA attracted traditional finance players, with BlackRock and Fidelity launching tokenized funds. Future growth depends on equities, funds, and private credit scaling.
U.S. senators won't be weighing in on prediction markets bets after banning themselves
U.S. Senate unanimously banned members and staff from betting on prediction markets, citing conflict-of-interest concerns. The restriction takes effect immediately and prohibits senators from wagering on platforms like Polymarket. Leading prediction market operators support the move, though the platforms remain largely unregulated. No direct India angle, but regulatory clarity affects global crypto adoption trends investors monitor.
Crypto market structure bill nears May push as ethics disputes and Trump ties cloud path forward
U.S. crypto market structure legislation could face a Senate Banking Committee markup in mid-May, but unresolved disputes threaten progress. Key issues include stablecoin rewards, ethics provisions, and DeFi concerns—complicated further by Trump's substantial crypto holdings drawing Democratic opposition. Passage odds remain low at 15-50%, dependent on resolving regulatory jurisdiction between CFTC and SEC while addressing political conflicts of interest.