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Quick Take THORSwap has issued a bounty offer following an exploit of a personal user’s THORChain wallet, which PeckShield valued at around $1.2 million. Onchain sleuth ZachXBT said the victim is likely THORChain founder John-Paul Thorbjornsen, who had $1.35 million stolen by North Korean hackers this week.

Ondo Finance’s token ONDO has surged over 15% this week, along with strong growth in RWA tokenized assets on the platform.

Ethereum’s staking exit queue has hit a record high, driving risks around liquidity and collateral quality and raising questions about ETH’s near-term stability.

AI-focused crypto sectors like DeFAI and DeSci led weekly market gains with strong momentum. Oracle’s $200B market surge boosted its valuation near $1T, surpassing Nvidia in investor sentiment. NFTs and lending protocols faced steep declines, contrasting with growth in utility-driven crypto sectors.



Bitcoin rebounds to $115K as liquidations fuel gains. Analysts say a weekly close above $114K could open the path to $120K.
Tether introduces USAT, a new US-compliant stablecoin under Bo Hines’ leadership, designed to strengthen America’s position in the global digital economy.