🐶📰 Weekend Update

BTC $87,428 (-1.4%) | ETH $2,929 (-1.3%) | SOL $123 (-0.8%)

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

• Equities, Gold, Silver, and Copper continue to set ATHs as crypto chopped

• Mike Selig was confirmed as CFTC chair

• Robinhood began 6 days of crypto giveaways

• Vote to turn on Uniswap fee switch passed

• RWA’s led all sectors in 2025 crypto growth

Crypto News

• Hyperliquid’s foundation announced formal burning of HYPE tokens acquired by the assistance fund

• Trump Media purchased $40M worth of Bitcoin

• Strategy paused Bitcoin buys and added ~$750M to cash reserves

• Arizona Senator proposed Bitcoin and crypto tax exemption

Hacks, Leaks, and Exploits

• Wallets linked to Mt. Gox hacker moved $113M worth of Bitcoin

• Trust Wallet experienced hack after browser extension update — Users affected will have funds returned

• Chinese crypto black markets on Telegram enabled over $2B of money laundering each month

• Coinbase took down crypto impersonation scammer with help of ZachXBT

• Former Coinbase employee arrested in India in connection with hacking incidents

• Koinly experienced data leak

• BTC/USD1 pair was exploited on Binance resulting in $7B worth of liquidations

Tokens and NFTs

• Soltice’s SLX ICO went live

• Yuga Labs acquired tech and licensing from Improbable to power the Otherside

• Lighter teased season 3 points campaign as LIT TGE approaches