In this weekly recap, we cover:

• Pump.fun’s PUMP Token Sale: Airdrops, ICO buzz, and early leaks set the stage for one of Solana’s most anticipated token launches.
• Zelensky Suit Bet Backfires: Polymarket resolves a $237 million prediction market to “No,” despite the outrage.
• Metaplanet’s Bitcoin Pivot Grows: The Tokyo firm plans to leverage its 15,555 BTC stack.
• CoreWeave Buys Core Scientific: A $9 billion AI-focused merger hints at a broader shift from Bitcoin mining to high-performance computing.
• Circle Strikes Deal With Bybit: USDC adoption spreads as another major exchange joins Circle’s revenue-sharing club.
• Tornado Cash Sanctions Dropped: The crypto mixer is removed from the U.S. blacklist just as its co-founder’s trial begins.
• OpenSea and Monad Go Shopping: A new wave of crypto M&A sees wallet and stablecoin infrastructure snapped up.
• TON’s UAE Visa Claims Unravel: Foundation clarifies it has no official backing after regulators deny involvement.
• Crypto Exploits Hit Hard: GMX loses $42 million to a DeFi exploit; in Brazil, $148 million is stolen from banks, with funds funneled through crypto.