In this weekly recap, we cover:

• Ethereum’s Big Leap: The Pectra upgrade activates with 11 protocol changes to boost staking, wallet features, and scalability.
• Celsius CEO Behind Bars: Alex Mashinsky gets 12 years in prison for fraud tied to Celsius and its CEL token.
• Trump’s Crypto Ties Stir Backlash: Two fundraiser dinners and a memecoin surge draw new legal attention to the President’s crypto ventures.
• Congressional Hearing Implodes: Democrats walk out over Trump-linked conflicts, leaving the future of crypto regulation in question.
• Movement Labs Shakes Up Leadership: Co-founder ousted after hidden token deals and price manipulation concerns.
• CFTC Ends Legal Fight With Kalshi: The regulator drops its appeal, clearing the way for political prediction markets.
• Solana Patches Critical Bug: A zero-day flaw that could mint unlimited tokens was fixed without user losses.
• Samourai Wallet Fights Back: Lawyers say prosecutors hid evidence that may have cleared the accused mixer’s founders.
• Robinhood Eyes Tokenized Stocks: Plans emerge for a blockchain platform offering US securities to European investors.
• Fun Bits – FTX’s $500M Miss: Bankruptcy estate sold a future unicorn stake for pennies right before its $9B valuation.