US President Trump said that refusing to build data centers in communities is a mistake because data centers provide a lot of job opportunities and funding.

The AI model aggregation platform Hugging Face is exploring a sale, with a potential transaction valuing Hugging Face at $13 billion or higher. Hugging Face is working with a bank to understand the interests of potential bidders, and no deal has been reached yet.

SuperstateInc's General Counsel Alex Zozos stated that the SEC's Reg Crypto has created a barbell structure that provides a pathway for cryptocurrency projects to enter the securities law framework for financing and exit. （CoinDesk）

According to Reuters, Tether's $120 million Bitcoin mining project in Uruguay fell through due to a dispute with the local utility company UTE. （Cointelegraph）

According to Onchain Lens monitoring, Wintermute has deposited 1279.99 bitcoins worth approximately $98.68 million into Binance through 8 transactions in the past 18 hours. The most recent transfer was 90.1 bitcoins worth approximately 6.97 million US dollars, completed about 30 minutes ago.