A federal judge in Texas has entered a default judgment against Bancor DAO, the decentralized autonomous organization behind the DeFi platform Bancor, after it failed to respond to a summons. Judge Robert Pitman issued the ruling following Bancor DAO’s failure to appear in its defense after the summons was posted on the DAO’s forum in
Kelvin Maina
Kelvin Maina is a professional crypto and Forex technical analyst with a Bachelor’s degree in Computer Science and experience in the industry since 2017. He has authored several crypto white papers and supported multiple cryptocurrency launches through marketing and technical writing expertise.
The memecoin boom on Pump.fun is losing steam. The platform’s graduation rate for the fourth consecutive week—the percentage of tokens that successfully transition from incubation to active trading—has fallen below 1 percent, according to Dune Analytics data. Graduation requires a token to meet liquidity and trading benchmarks before being listed on a Solana decentralized exchange
Pump.fun Memecoin Success Rate Drops Below 1 Percent as Investor Interest Wanes
Hong Kong-based cryptocurrency payment platform RedotPay has secured $40 million in a Series A funding round led by Lightspeed, with additional backing from HSG and Galaxy Ventures. The funding aims to accelerate RedotPay’s expansion in Asia, enhancing its blockchain integrations and increasing the accessibility of crypto payments for everyday transactions. RedotPay is positioning itself as
RedotPay Secures $40 Million to Expand Crypto Payments Across Asia
Coinbase is suspending trading of three popular meme coins in New York next month, which has fueled speculation about potential legal challenges. The exchange announced Wednesday that it will halt trading of Floki (FLOKI), Turbo (TURBO), and Gigachad (GIGA) for New York users starting April 14, 2025, at 2 PM ET. While these tokens will
Coinbase Suspends Trading of Floki, Turbo, and Giga in New York
The Hamster Kombat Layer-2 (L2) blockchain, which briefly outperformed Solana in transactions per second (TPS), has suffered a near-total collapse in activity. Two weeks after its record-setting performance, the network is processing less than one transaction per second, raising concerns about its long-term viability. Launched in February 2025, the Hamster Network was designed to support
Hamster Kombat’s Blockchain Crashes 99.9% in Transactions After Surpassing Solana
Six members of President Donald Trump’s cabinet disclosed Bitcoin holdings worth millions in their financial disclosures, underscoring the administration’s deep ties to the cryptocurrency sector as it seeks to position the United States as a global leader in digital assets. At a White House digital assets summit, Trump vowed to transform the country into a
Six Trump Administration Officials Disclose Millions in Bitcoin Holdings
Representatives of President Donald Trump’s family have engaged in discussions to acquire a stake in Binance.US, the American arm of the world’s largest cryptocurrency exchange, according to people familiar with the matter. The talks come as Binance’s billionaire founder, Changpeng Zhao, seeks a presidential pardon following his 2023 guilty plea to violating U.S. anti-money-laundering laws.
Trump Family in Talks for Binance Stake as Crypto Giant Seeks U.S. Return
The LIBRA cryptocurrency scandal, which has rattled Argentina’s political and financial landscape, escalated this week as Argentine lawyer Gregorio Dalbon formally requested an international arrest warrant for crypto entrepreneur Hayden Davis. Dalbon submitted a petition to lead prosecutor Eduardo Taiano and Judge María Servini, urging them to seek an Interpol Red Notice for Davis, the
Interpol Asked to Issue Arrest Warrant for Crypto Founder Hayden Davis Amid LIBRA Scandal
The U.S. Securities and Exchange Commission (SEC) has acknowledged Nasdaq’s filing to list and trade shares of the Grayscale Hedera Trust, which holds HBAR tokens. The acknowledgment marks the beginning of a 21-day public comment period, during which market participants and stakeholders can submit opinions on the proposal before the SEC makes a final decision.
SEC Acknowledges Nasdaq’s Filing for Grayscale’s HBAR Trust ETF
Franklin Templeton has submitted a Form S-1 to the U.S. Securities and Exchange Commission (SEC) seeking approval for an XRP exchange-traded fund (ETF), which places it among many firms vying for a cryptocurrency fund tied to the asset. The filing follows Franklin Templeton’s earlier establishment of the Franklin XRP Trust in Delaware on 28 February
Franklin Templeton Files for XRP ETF as SEC Weighs Crypto Fund Approvals
Bitcoin traders are recalibrating their expectations, with the $100,000 call option now surpassing the once-popular $120,000 bet. The shift in sentiment follows a sharp downturn in the broader cryptocurrency market, leading to more conservative positioning in the options market. At press time, the $100,000 call stood as the most popular Bitcoin options contract, with a
Bitcoin Options Traders Shift Bets to $100,000 as Market Sentiment Adjusts
Donald Trump has positioned himself as the first “crypto president,” promising to reverse years of regulatory hostility toward digital assets. His administration moved quickly, with an executive order on January 23 to foster the growth of digital assets while ensuring financial freedom. The order underscored the importance of self-custody and uncensored transactions, but these promises