Texas court issues judgment against Bancor DAO after it ignored summons

Texas court issues judgment against Bancor DAO after it ignored summons

In a recent ruling from a Texas federal court, Bancor DAO, the operator behind the decentralized finance platform Bancor, has been dealt a significant legal blow. The court, presided over by Judge Robert Pitman, issued a default judgment against Bancor DAO after the entity failed to respond to a summons issued in January 2024. The…

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Analyst Sees Hyperliquid’s $4M Loss as a Growth Opportunity for DeFi

Analyst Sees Hyperliquid’s M Loss as a Growth Opportunity for DeFi

Following a significant liquidation event on Hyperliquid, which resulted in a $4 million loss for the decentralized exchange (DEX), discussions have emerged labeling the occurrence a vital stress test for decentralized finance (DeFi) protocols. Analysts are examining the potential ramifications of such incidents on financial stability and on Hyperliquid’s native HYPE token, suggesting potential long-term…

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Democrat lawmaker urges Treasury to cease Trump’s Bitcoin reserve plans

Democrat lawmaker urges Treasury to cease Trump’s Bitcoin reserve plans

House Representative Gerald E. Connolly from Michigan has recently intensified his criticism of the Trump administration’s proposed establishment of a strategic cryptocurrency reserve, urging the U.S. Treasury to halt any attempts to create such a reserve. In a letter addressed to Treasury Secretary Scott Bessent on March 13, Connolly articulated that the plan poses significant…

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Kristi Hardy: A Passionate Advocate for Kuna, Idaho

Kuna, Idaho, is more than just a place to live for Kristi Hardy—it’s a community she is deeply invested in, a town where she tirelessly works to make a difference. Whether it’s through her small business, her advocacy for education, or her commitment to family values, Kristi’s passion for her hometown shines through in everything…

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Vermont follows SEC’s lead, drops staking legal action against Coinbase

Vermont follows SEC’s lead, drops staking legal action against Coinbase

Vermont’s Department of Financial Regulation recently announced the decision to rescind its “show cause order” against Coinbase, amidst allegations that the crypto exchange was offering unregistered securities via its staking service. This move comes in conjunction with the U.S. Securities and Exchange Commission’s (SEC) dismissal of its own legal case against Coinbase on February 28.…

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Solana Inflation Reform Effort Fails on Dramatic Final Voting Day

Solana Inflation Reform Effort Fails on Dramatic Final Voting Day

A recent vote on the Solana blockchain has resulted in a significant political and economic standoff. The proposed SIMD-0228, aimed at overhauling the network’s current inflation model, failed to gather enough support, leaving Solana’s high annual staking rewards intact for now. The defeat of this proposal reflects the tension between the network’s influential validators and…

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Solana CME futures tip impending US ETF approvals — Exec

Solana CME futures tip impending US ETF approvals — Exec

The upcoming introduction of Solana’s futures contracts on the Chicago Mercantile Exchange (CME) is poised to mark a significant milestone for the asset, hinting at the forthcoming approval of Solana-based exchange-traded funds (ETFs) in the United States. Chris Chung, the founder of the Solana-centric swap platform Titan, spoke to Cointelegraph, expressing optimism regarding this pivotal…

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MGX Invests $2B in Binance in Historic Crypto Funding Deal

MGX Invests B in Binance in Historic Crypto Funding Deal

MGX has made a groundbreaking move in the crypto sector with its recent investment of $2 billion in Binance, potentially setting a precedent for future funding deals within the industry. This investment not only marks MGX’s debut into the digital asset and blockchain arena but also establishes a minority stake in one of the world’s…

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The Future of Institutional Crypto Payments in a Rapidly Evolving Market

The Future of Institutional Crypto Payments in a Rapidly Evolving Market

PayX has officially launched its pre-sale, a strategic move aimed at revolutionizing the digital payment landscape. This new platform is engineered to tackle the inefficiencies associated with traditional payment systems, which often suffer from slow transaction speeds, excessive fees, and security vulnerabilities. By leveraging advanced blockchain technology, PayX is positioned to deliver a streamlined global…

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L2 gaming activity spikes in February, but wallets decline — Report

L2 gaming activity spikes in February, but wallets decline — Report

Gaming activity on layer-2 blockchains has witnessed explosive growth, with some chains reporting increases exceeding 20,000% in February 2025. According to a recent report by DappRadar, despite this surge in activity, the number of daily unique active wallets (dUAWs) has overall declined by 16% compared to January, highlighting a complex and shifting landscape in the…

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