In this weekly recap, we cover:

• Do Kwon Pleads Guilty: Fraud counts tied to the TerraUSD collapse move toward sentencing.
• Qubic’s Monero Power Play: Majority hashrate claim sparks a 51 percent attack debate.
• Bullish Blasts Off: BLSH opens far above its IPO price and grabs market attention.
• Google Play Sets the Bar: Custodial wallets face licensing, non custodial apps stay out of scope.
• Uniswap Goes Wyoming: DUNA structure proposed to formalize DAO governance and finances.
• ALT5 Sigma Loads WLFI: Plan for a 1.5 billion dollar treasury and new Trump linked board seats.
• White House Adviser Exits: Bo Hines resigns and returns to the private sector.
• LayerZero Eyes Stargate: Buyout pitch draws pushback from DAO stakeholders.
• Custodia Plays the Patent Card: Tokenized deposit claims test big bank stablecoin plans.
• Fun Bits: Arthur Hayes sells ETH low, buys back higher, watches the trade turn.