Huang Licheng added another 709,000 USDC to HyperLiquid to open long positions in ETH and UNI.

TLDR: Tether leases a 20,000+ GPU network to advance freedom-first AI infrastructure. Partnership with Rumble and Northern Data integrates crypto, AI, and creator tools. QVAC platform benefits from high-speed GPU clusters for model training and content tools. Initiative emphasizes decentralization, resisting censorship, and empowering users globally. Tether has entered a major partnership to advance AI [...] The post Tether Leases 20,000+ GPU Network to Power Freedom-First AI Platform appeared first on Blockonomi.

As Shiba Inu (SHIB) takes over the limelight with experts predicting a potential 4x increase by 2025, a far more disruptive competitor, Mutuum Finance (MUTM), is emerging in the cryptocurrency market. Unlike SHIB, which is depending upon community-driven momentum and speculative buying, Mutuum Finance is building a decentralized protocol for lending and borrowing that will […]

The post Elizabeth Warren raises ethics concerns over White House crypto czar David Sacks’ tenure appeared on BitcoinEthereumNews.com. Democratic lawmakers pressed David Sacks, President Donald Trump’s “crypto and AI czar,” on Sept. 17 to disclose whether he has exceeded the time limits of his temporary White House appointment, raising questions about possible ethics violations. In a letter signed by Senator Elizabeth Warren and seven other members of Congress, the lawmakers said Sacks may have surpassed the 130-day cap for Special Government Employees, a category that allows private-sector professionals to serve the government on a part-time or temporary basis. The Office of Government Ethics sets the cap to minimize conflicts of interest, as SGEs are permitted to continue receiving outside salaries while in government service. Warren has previously raised similar concerns around Sacks’ appointment. Conflict-of-interest worries Sacks, a venture capitalist and general partner at Craft Ventures, has played a high-profile role in shaping Trump administration policy on digital assets and artificial intelligence. Lawmakers argued that his private financial ties to Silicon Valley raise serious ethical questions if he is no longer within the bounds of SGE status. According to the letter: “When issuing your ethics waiver, the White House noted that the careful balance in conflict-of-interest rules for SGEs was reached with the understanding that they would only serve the public ‘on a temporary basis. For you in particular, compliance with the SGE time limit is critical, given the scale of your conflicts of interest.” The group noted that Sacks’ private salary from Craft Ventures is permissible only under the temporary provisions of his appointment. If he has worked past the legal limit, the lawmakers warned, his continued dual roles could represent a breach of ethics. Counting the days According to the letter, Sacks was appointed in December 2024 and began working around Trump’s inauguration on Jan. 20, 2025. By the lawmakers’ calculation, he reached the 130-day threshold in…