The collapse of Terraform Labs was part of a greater deleveraging event in crypto that culminated in the fall of FTX.
On Thursday evening, President Donald Trump signed an executive order calling for a single, nationwide regulatory framework governing artificial intelligence at the expense of the ability of different states to regulate the nascent technology. “To win, United States AI companies must be free to innovate without cumbersome regulation,” the order states.

AI is still the Wild West when it comes to government regulation. But 2025 was the year U.S. states started to make an effort.
A director who was charged with defrauding Netflix out of millions of dollars has been found guilty, Business Insider reports.


