🐶📰 Weekend Update

BTC $105,303 (+1.2%) | ETH $2,498 (+0.6%) | SOL $152 (+0.9%)

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

• Pump Fun airdrop details get leaked and include a 10% airdrop allocation

• Gemini filed for an IPO in the US

• Circle IPO completed at $31 and closed the week at $107.7

• World Liberty Financial and the TRUMP memecoin team struck a deal after debate over Trump wallet development

• Elon Musk and Donald Trump argued on social media, briefly sending Bitcoin below $101K

Crypto News

• Phishing attack compromised 1200+ addresses on Hyperliquid — List of addresses

• X partnered with Polymarket as their official prediction market provided — Elon Musk announced X Chat built with Rust which will use “Bitcoin style” encryption

• US and China will meet on Monday to discuss trade

• Vitalik bought $780K worth of ETH as the Ethereum foundation updated their treasury policy

• Trump’s Truth Social filed for a Bitcoin ETF

• Ethereum ETFs continued a 14-day inflow streak and recorded $281M of inflows this week

Raises and Purchases

• Trump Media Group registered $12B in new securities to purchase Bitcoin

• Metaplanet announced $5.4B equity raise to purchase more Bitcoin

• Ramaswamy’s Strive doubled its Bitcoin investment raise to $1.5B

• Spanish coffee company Vanadi Coffee looks to acquire $1.1B worth of Bitcoin

• Strategy announced the STRD preferred perpetual stock which will raise $1B

• K-Wave (Nasdaq: KWM) raised $500M to expand Bitcoin reserve strategy

• Webus filed with SEC to raise $300M for XRP treasury

• Know Labs (NYSE: KNW) acquired 1,000 BTC to implement Bitcoin treasury strategy

• Semler Scientific purchased $20M worth of Bitcoin

Tokens and NFTs

• Coinbase added Fartcoin to listing roadmap

• HYPE started trading on Binanace

• Bonk.fun announced $200K hackathon

• Yuga Labs CEO proposed bill to end ApeCoin DAO

• World Liberty Financial airdropped $47 USD1 to holders and teased making the WLFI token tradeable

• SKATE will be listed on Binance Alpha ahead of its June 9 TGE

• Auction for Pixelvault’s 16 CryptoPunk lot settled at $2.4M

• US residents will be eligible for the upcoming Sonic airdrop