Stablecoin Proposal Sparks Major Warning
The Hyperliquid Policy Center and Paradigm urge US Treasury to refine stablecoin compliance rules, warning of potential overreach affecting developers and validators. #Update #Legal
HPC
Bitcoin Miner Cleanspark Reports $378M Loss
Cleanspark (@Cleanspark) reports a $378.3M Q2 net loss due to Bitcoin price swings, despite doubling ERCOT capacity to 585 MW. CEO targets AI/HPC commercialization. #Update #Crypto