🐶📰 Weekend Update

BTC $67,214 (1.0%) | ETH $2,052 (0.4%) | SOL $80 (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

• Drift was hacked for $280M and contagion spread to 20 protocols — North Korea linked to hack

• Trump said the US will hit Iran hard over the next 2-3 weeks during national address on Wednesday — Came as shock as both sides were Iran’s President says they are ready to end war with the US on Tuesday

• SpaceX filed for IPO to launch in June targeting a $1.75T valuation

• US Department of Labor officially proposed rule to allow alternative assets such as crypto in 401(k) accounts

Macro

• Artemis II launched on mission to fly around the moon

• Average gas price in the US hit $4 for the first time since 2022

• Monthly ETF trading volume hit a new ATH

• Oracle cited AI as it lays off 18% of its workforce

Crypto

• Circle announced the CIRBTC Bitcoin backed token

• X added new policy to freeze accounts when they mention crypto for the first time

• Average memecoin hold time on Solana dropped to 58 seconds in 2026

• SWIFT’s shared blockchain ledger hit MVP stage and is set to go live this year

Tokens and NFTs

• Pumpcade raised $1M to build prediction markets with provable resolutions - PUMPCADE token crossed a $20M market cap

• The final wave of OpenSea treasure chests unlocked

• Rekt energy powder went live on Amazon

• Hyperliquid mobile app went live on the Google Play store — $375M worth of HYPE unlocks within the next week

AI

• Coinbase unveiled the x402 foundation directly embedding payments into websites

• OpenAI raised $122B at an $852B valuation — Acquired the TPBN podcast

• Google released the Gemma 4 open source model

• Vitalik posts his sovereign LLM setup

• Claude’s source code leaked and showed unreleased features such as a Tamagotchi pet