🐶📰Weekend Update

BTC $79,709 (0.4%) | ETH $2,460 (0.5%) | SOL $103 (1.7%)

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

• Tokenized AMC depegged 50x due to memecoin pairings on Robinhood chain — AMC CEO Adam Aron called Robinhood tokenized stocks “contemptible” and “vile” while hiring securities lawyers — Related MEME token surged to $100M with Frankdegods and Rasmr up 7 figures on the trade

• House canceled final two weeks of September causing doubt that the CLARITY Act will pass before midterms

• Hyperliquid Labs is in advanced talks to bring perps to U.S. traders via Kraken parent Payward

• Massive phishing scam wave hit X users

TradFi

• A strong jobs print caused September interest rate hike odds to spike

• HOOD gained 17% on the week on the back of the Robinhood blockchain success — Robinhood became the largest tokenized-stock issuer with 862,800 holders — 4x’d its total RWA value

• The 10-year Treasury yield climbed back above 4.80% for the first time since January 2025

• Japan’s 30-year yield ripped above 4.18%, the highest level in history

Tokens and NFTs

• Pons flipped Pump Fun in 24H revenue — PONS largest top 100 token gainer on the week up over 300% to a $900M FDV

• Zcash surged past $1,000 to a new all-time high — HYPE hit new all-time high over $87

• THOS’ WHUF token sale sold out at a $42M FDV

• SDNY lawsuit against Pump Fun and Solana was dismissed

AI

• Anthropic launched Fable 5.1 generally and Mythos 5.1 via trusted access

• OpenAI rolls out GPT-6 Astra to limited orgs with hopeful rollout to the general public this weekend — Said this model hit a Critical cybersecurity threshold under its Preparedness Framework

• Nous Research shipped official Hermes Desktop app

• Visko demo’d Orbis 1.0 live video ai model