In this weekly recap, we cover:

• Ethereum’s User-Centric Pivot: Leadership overhaul, canceled upgrades, and a new roadmap ahead of next week’s Pectra launchTrump Media Eyes Token Launch: Truth Social’s parent company considers a native crypto token and wallet integrationCircle Rejects Ripple’s Offer: A $5 billion acquisition bid gets turned down as undervalued

  Celsius Founder Faces Sentencing: DOJ seeks 20 years for Alex Mashinsky over a $7 billion fraud

  Monero Surges on Bitcoin Laundering Fears: A $330 million BTC transfer triggers a rally and speculation of market manipulation

  Tornado Cash Wins in Court: Federal judge bars re-sanctioning without new legal grounds

  BlackRock Moves Deeper into Tokenization: Files to launch a blockchain-based share class for its $150B Treasury fund

  Layer 2s Hit Milestones: Scroll and Base achieve “Stage 1” status, marking progress toward decentralized rollup governance

  Loopscale Recovers After $5.8M Exploit: Solana-based protocol halts lending, negotiates white hat return of stolen funds