🐶📰Weekend Update

BTC $63,035 (+3.0%) | ETH $2,456 (+1.6%) | SOL $147 (+3.4%)

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

• A U.S. Judge approved the FTX bankruptcy plan that will repay creditors in cash with interest

• HBO’s “Money Electric” Bitcoin documentary claimed Peter Todd is Satoshi Nakamoto

• Crypto.com filed a lawsuit against the SEC after receiving a Wells Notice

• The FBI charged 18 people and companies for crypto market manipulation — They created their own token as bait

Macro and DEFI

• Supreme Court green lighted the U.S. Marshall service to sell $4.4B of Bitcoin seized from Silk Road

• Canary Capital became the second fund to file for a spot XRP ETF 

• The UAE eliminated all taxes on crypto transactions

• Trump’s World Liberty Financial DEFI project submitted a proposal to launch an AAVE V3 instance and announced their public sale starting next week

Growth and Infrastructure

• Blackrock stated that crypto is being adopted faster than the internet and cell phones

• Phantom wallet added support for the BASE blockchain

• Coinbase enabled Bitcoin Taproot address support

• Uniswap announced Unichain, an Ethereum L2 designed for DEFI with cross-chain liquidity

• Karate Combat announced the launch of the UP Layer 2 network powered by Hedera

Art and Tokens

• Digital artist Alpha Centauri Kid teased a new set of 1/1’s that will be auctioned off between October 17-20

• XCOPY launched COPE SALADA, a 250 piece collection on the Shape L2

• Memecoin PFP collections lead NFTs with MOG AURAS up 35x on the week to a 0.36 ETH floor

• The top Bitcoin Runes are up 40%-80% on the back of over $15M of weekly volume