ICE
'Unfounded Concerns': Hyperliquid Slams CME and ICE Regulatory Push
The decentralized platform Hyperliquid publicly responded to a Bloomberg report claiming that major traditional exchanges - CME and ICE, the parent company of NYSE - had urged U.S. regulators to intervene in the platform's operations. The conflict between legacy exchanges and the DeFi platform intensified as Hyperliquid stopped operating as a purely crypto-native venue and began directly expanding into TradFi territory.
Ice Open Network News: CEO Cuts Monthly Costs by 89%, Promises New Product Launch in 8 Weeks
Ice Open Network's CEO published a detailed update on Wednesday outlining dramatic cost cuts and a new strategic direction, two days after the project came close to announcing a full shutdown following the ION token crash. Monthly operating costs have been reduced from approximately $400,000 to $45,000, an 89% cut achieved in 48 hours.
