🐶📰Weekend Update

BTC $77,329 (-0.4%) | ETH $2,243 (-0.0%) | SOL $96 (-1.2%)

Welcome to the Daily Bone Weekend Update where we recap the top stories from the week. Be sure to check out our daily newsletter to get all of your news hot off the press each and every weekday!

Headlines

• Blockchain sleuths tied Binance's $6.4B hack to North Korea

• Microsoft offered buyouts to 60K employees, over 25% of its current workforce

• The US told Gulf Arab allies to prepare for a short, intense military campaign against Iran after the midterms

• OpenAI announced three AI-assisted scientific discoveries across math, complexity theory and physics

• Brazil's stock market cratered 20% after Lula da Silva won an unexpected reelection

TradFi

• Netanyahu overtook the opposition to lead Israel's election, with half the votes counted

• Robinhood missed on earnings, with its crypto sector outperforming expectations

• China pumped $19B into its stock market to halt the longest losing streak in history

• S&P Global's flash manufacturing PMI hit 56.0, a 53-month high

• Alphabet shares fell over 7% after Q3 revenue of $127.58B missed expectations

Crypto

• The NYSE's owner said it would offer tradexyz perps on Hyperliquid to retail through a partnership with OKX — KNTQ printed a new all-time high as HYPE surged 10%

• Keystone disclosed a website breach exposing hardware wallet buyers' names and shipping addresses

• Justin Sun became the top individual PEPE holder on Ethereum, holding nearly 3% of supply worth $51.25M

• Argentina dropped its criminal probe into Milei over the LIBRA token's 95% crash

• Ethena Pay launched Earn+, featuring 12% yield on USD

AI

• Anthropic filed an S-1 for a proposed Nasdaq IPO under the ticker ANT

• Google DeepMind introduced Genie 4, an interactive world model with native audio and live text steering

• Claude launched a gallery of ready-made artifacts for legal work

• OpenAI rolled out GPT-6.1 Terra with improved computer-use capabilities

• Anthropic agreed to spend up to $120.5B on SpaceX compute

• The DOJ inquired about Nvidia's $12.93B purchase of Hugging Face, sources said