GameSquare has acquired the rare CryptoPunk NFT Cowboy Ape #5577 from Robert Leshner for $5.15 million in preferred stock, marking its first investment in NFTs. The company also increased its Ethereum treasury to over $52 million amid a declining NFT market.

LetsBONK, a Solana-based memecoin launchpad, plans to allocate 1% of its revenue for weekly buybacks of top ecosystem tokens, aiming to strengthen their market presence. Popular tokens include Useless Coin and ANI.

Goldman Sachs and BNY Mellon have launched tokenized money market funds for institutional investors, enabling 24/7 trading through BNY Mellon's LiquidityDirect and Goldman Sachs’ blockchain. Major asset managers are already participating in this rapidly growing market.

Tether is set to launch a new U.S.-based stablecoin by late 2025 or early 2026, targeting domestic institutional payments, in compliance with the GENIUS Act. This will be distinct from its existing USDT, which continues to serve international markets.

Around 548,132 ETH, valued at over $2.02 billion, is currently queued to exit the Ethereum network, marking the largest validator exit queue since January 2024
The surge in validator exits has also extended withdrawal delays to over nine days, the longest wait time in more than a year

Trump Media and Technology Group, parent of Truth Social, has acquired approximately $2 billion in bitcoin and related securities, representing two-thirds of its liquid assets. This follows recent pro-crypto legislation signed by Trump and signals ongoing investment in cryptocurrency.

Jito has launched BAM, a significant upgrade for Solana that enhances transaction processing by routing them through multiple nodes, improving efficiency and reducing toxic MEV risks. This change marks a pivotal moment in Solana's transaction architecture.

CoinDCX was hacked, losing $44 million from an internal account due to a sophisticated server breach. The exchange's leadership affirmed that customer funds are safe and recovery efforts are underway.

Bullish, a crypto exchange backed by Peter Thiel, has filed for an IPO to raise up to $100 million, listing on the NYSE as "BLSH." Despite a substantial Q1 2025 loss of $348.6 million, investor interest in crypto remains strong.

The UK government is preparing to sell up to $7 billion worth of seized bitcoin, primarily to help address a significant budget deficit, according to a Saturday report from The Telegraph
This stash is largely composed of 61,000 BTC confiscated in a 2018 raid linked to a Chinese Ponzi scheme.

BlackRock plans to add staking functionality to its iShares Ethereum ETF (ETHA), allowing it to engage in the ether staking market. This would let the ETF earn staking rewards for investors without exposing them to technical risks.

Around 90 million TRUMP tokens worth $900 million will be unlocked, increasing supply by 45%. This event raises Trump's net worth by an estimated $93 million and coincides with ongoing debates in Congress about crypto regulation.

Cantor Fitzgerald is nearing a major deal with Adam Back's Blockstream to acquire 30,000 BTC for over $3 billion. The SPAC will rename to BSTR Holdings and aims to raise $800 million more, increasing its bitcoin exposure significantly.

The DOJ and CFTC have closed their investigations into Polymarket, determining no further action is needed after reviewing whether it allowed U.S. users to place bets, despite previous agreements.

Grayscale Investments has confidentially submitted a draft registration statement to the SEC, marking a potential step toward an IPO. If approved, it could become publicly traded by the end of 2025, joining other crypto firms.

The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming for $25.7 million, funding its operations. SharpLink, now holding 270,000 ETH, positions it as its main treasury asset and gained significant unrealized profits.

Inception, a liquid restaking token platform, is shutting down after two years due to a lack of product-market fit and sustainable liquidity. The team assures that user assets are safe and encourages prompt withdrawals.