A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor DAO did not appear to defend itself following a summons that was po

Bitcoin Futures Analysis: Key Levels and Market TrendsBitcoin Stuck in a 5-Day Range – Will a Breakout Happen?Bitcoin futures have been range-bound for the past five days, currently trading at 82,140. The market has been consolidating between 79,250 and 84,250, making it difficult to determine the n

According to recent rumors, the SEC is considering reclassifying the XRP token as a commodity. The Commission is apparently comparing XRP to ETH, which was reclassified in the past.Today, Vermont regulators cited the SEC’s new Crypto Task Force as a reason to drop its suit against Coinbase. In 2022,

Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the first two testnets encountered several bugs.The Hoodi testnet will launch on March 17 and the Pectra upgrade for it will be

Lazarus Group, hackers from North Korea, created a new campaign, targeting crypto developers through NPM repositories. They introduced 6 repositories, that would appeal to crypto developers, and added malware, to create backdoors, infiltrate projects, and steal credentials. The hacking group would u

XRP bulls are making a strong push, but the $2.2546 resistance level is proving to be a tough barrier. After a steady upward climb, buying momentum has weakened as sellers step in to defend this key level. A successful breakout could signal a continuation of the uptrend, driving XRP toward new highs

Ethereum Foundation developers will launch a new testnet called Hoodi, according to an All Devs Call on Thursday. The new "long-lived" testnet is expected to launch next week, on March 17. The move came about a week after Ethereum researchers and developers convened to discuss the fallout from the p

US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service.Vermont’s Department of Financial Regulation said in a March 13 order that in light of the US Securities and Exchange Commission toss

Solana's high staking rewards will live to inflate SOL another day.A contentious effort to reform the blockchain network's generous inflation regime flopped on Thursday after supporters of SIMD-0228 failed to garner the supermajority they needed to implement the major economic change.The surprise re

Ripple’s XRP, one of the top-performing cryptos last year, is trading between $2.15 and $2.30. The token’s current price is a far cry from its 52-week high of $3.38 last January 17th, which was spurred by the industry’s excitement over US President Donald Trump’s reelection. Although XRP joins the d

The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as markets grappled with escalating global trade tensions and risks of a sharp economic downturn. Sowing more volatility across markets, U.S. President Donald Trump threatened to hit Europe wit

A proposal to dramatically change Solana’s inflation system has been rejected by stakeholders but is being hailed as a victory for the network’s governance process.“Even though our proposal was technically defeated by the vote, this was a major victory for the Solana ecosystem and its governance pro

Bitcoin price started a recovery wave above the $80,500 zone. BTC is now rising and might aim for a move above the $84,000 and $85,000 levels.Bitcoin started a decent recovery wave above the $81,000 zone.The price is trading above $81,500 and the 100 hourly Simple moving average.There was a break be

Gaming activity on some layer-2 blockchains rose by over 20,000% in February 2025 while the number of daily unique active wallets (dUAWs) dropped, according to a report by DappRadar. Abstract, an Ethereum layer-2 blockchain developed by Igloo, the parent company of NFT collection Pudgy Penguins, led

Crypto.com secured a partnership with Tawasal Al Khaleej, a key player in AI and technology in the UAE. This collaboration will integrate Crypto.com’s platform with Tawasal’s network and the Tawasal Superapp, giving nearly four million users in the region direct access to crypto trading and services

ARENA, the largest opposition party in El Salvador, criticized Bukele over the IMF deal. In exchange for $1.4 billion in loans, Bukele agreed to stop using public funds to buy Bitcoin, but he insists that he won’t stop.ARENA warned that this behavior could scuttle the deal and destroy the country’s

Episode 19 of The Crypto Beat was recorded with The Block Editor-In-Chief Tim Copeland and Offchain Labs Co-Founder & CEO Steven Goldfeder.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch, or wherever you listen to podcasts. Please send feedback and revision requests

The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce by 20% in a change expected to take effect by May 15, 2025.According to CNN, the cuts would impact an estimated 6,800 employees at the government agency, in addition to the 6

Global asset manager BlackRock's BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said.Pushing the fund's size above the threshold was a $200 million allocation this afternoon by crypto protocol Ethena, a

PALO ALTO, CA / ACCESS Newswire / March 13, 2025 / Ethereum showed the world that blockchains could do more than just settle transactions and lock in value; they could become platforms for a vast array of services, from decentralized finance (DeFi) applications and sophisticated liquidity pools to n