Bitcoin Mining’s Boon for Small Town America

Will Foxley’s doc about a small Texas town’s embrace of a new mining facility paints a more positive story about Bitcoin’s impact on rural communities than typically reported….Read full story at CoinDesk >

Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app….Read full story at CoinDesk >

Crypto for Advisors: Governance in a Blockchain World

Scott Sunshine discusses how advisors can leverage blockchain-based governance to enhance trust, improve accountability, streamline operations and unlock new investment opportunities for their clients….Read full story at CoinDesk >

DAOs Beware: Neo-Imperialism Is on the Rise in Crypto-Land

Wyoming’s new legal entities for decentralized unincorporated nonprofit associations sets up legal entities that cheapens the idea of creating protocols that work independent of nation states, Martin Schmidt writes….Read full story at CoinDesk >

What a Judge Said About the SEC's Suit Against Coinbase

Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening….Read full story at CoinDesk >

SBF Is Going to Prison for 25 Years

Sam Bankman-Fried is going to prison. He won’t be spending time in a maximum security facility, and he’ll be placed as close to his family in the San Francisco Bay Area as possible, but he’s going to prison nonetheless – and he’ll be there for the next 25 years….Read full story at CoinDesk >

U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion

Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a spot bitcoin fund….Read full story at CoinDesk >

The Enablers of Decentralized AI

AI naturally evolves as an increasingly centralized technology, and any decentralization efforts are an uphill battle. But decentralization can win in specific areas of AI development, says Jesus Rodriguez, CEO of IntoTheBlock….Read full story at CoinDesk >

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move forward….Read full story at CoinDesk >