FTX users and law firm Fenwick & West have reached a proposed settlement in a class-action lawsuit filed in 2023 alleging the firm substantially assisted the fraud that preceded the exchange’s late-2022 collapse. A joint filing to a Florida federal court on Friday said the parties will submit the settlement for approval on Feb. 27 and asked to pause all deadlines and motions while terms remain undisclosed.

CrossCurve said on X late on Sunday that its cross-chain bridge was under attack and asked users to stop interacting with the protocol while it investigates a smart contract issue. Security account Defimon Alerts estimated around $3 million was taken across several networks, and partner Curve Finance told those with CrossCurve pool allocations to review positions and consider removing votes.

Bitwise's investment chief Matt Hougan warned on Monday that, if a Senate market-structure bill fails, a future administration could unwind today's pro-crypto stance. He said the industry would have until 2029 to embed stablecoins and tokenized stocks in daily use or face slower growth and price skepticism.

Ethereum co‑founder Vitalik Buterin proposed adding native distributed validator technology to streamline staking. In a Wednesday forum post, he outlined a design that lets a validator create up to 16 independent keys that the chain treats as one, aiming to cut downtime penalties and improve security for self-stakers.

On Tuesday, Patrick Witt said the crypto market structure bill will need concessions to reach 60 votes in the U.S. Senate. The Banking and Agriculture Committees delayed Thursday markups to build bipartisan support, while Coinbase's Brian Armstrong withdrew backing, saying he'd "rather have no bill than a bad bill." The proposal aims to define SEC and CFTC oversight, and Witt urged pragmatism to keep momentum.

Chainlink said on Tuesday it will add 24/5 U.S. equities data feeds, enabling blockchain-based trading of stocks and ETFs outside standard hours. The firm claims this could help bring the $80 trillion U.S. market on-chain, with eight protocols already integrating the streams and more exchanges exploring always-on markets.

Memecoin launchpad Pump.fun has unveiled Pump Fund, a new investment arm introduced alongside a $3 million hackathon initiative. The program will support up to 12 projects with $250,000 each at a $10 million valuation and will include mentorship from the platform's founders.

On Jan. 12, a draft US crypto market structure bill incorporating Blockchain Regulatory Certainty Act provisions sparked opposition from Senate Judiciary leaders Charles Grassley and Richard Durbin. They urged Senate Banking Committee chair Tim Scott and Elizabeth Warren to remove protections for crypto developers, warning the language would weaken unlicensed money transmitting laws and create an enforcement gap for decentralized platforms. The bill must clear the Banking and Agriculture Committees and secure 60 votes in the Senate, while major industry lobbyist Coinbase has already withdrawn its support over multiple provisions.

Crypto mining hardware maker Canaan Inc. disclosed on Friday that it received a Nasdaq notice on Wednesday after its shares traded below $1 for 30 consecutive business days. The firm has until July 13 to lift its closing bid to at least $1 for a minimum of 10 straight trading sessions or risk being removed from the exchange, with a possible extension involving a reverse stock split.