Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Bloomberg reported that sources familiar with the matter disclosed Richard Heathcote, former chief investment officer (CIO) of Tether, is collaborating with PJT Partners to sell a portion of his 1.26% stake in Tether. He is currently in talks with potential buyers, and no valuation has been disclosed. Earlier this March, Heathcote stepped down as Tether’s CIO and transitioned to an advisory role.

Bonk’s official Twitter account posted in the early hours that BonkDAO’s treasury was targeted by a malicious governance proposal, resulting in the theft of approximately $20 million worth of BONK tokens. Investigations indicate the relevant address purchased BONK via a centralized exchange (CEX) wallet prior to the proposal’s launch. BonkDAO is collaborating with CEXs, cross-chain bridges, and the Solana Foundation to address the incident; law enforcement has been notified, and efforts to recover the stolen funds and pursue accountability will continue. In response to the news, BONK fell 8.7% in 24 hours.

According to Onchain Lens monitoring, Nasdaq-listed company Empery Digital has received an additional 200 BTC, worth about $12.84 million. Over the past six days, the firm has accumulated a total of 1200 BTC in holdings, valued at roughly $72.65 million.

According to AXIOS, a U.S. official said Iran fired at least two missiles at vessels in the Strait of Hormuz. Two commercial ships were hit and suffered severe damage, with no casualties.

According to Bloomberg, Syntiant, an AI chipmaker backed by Intel and Microsoft, has filed for an initial public offering (IPO). The company produces ultra-low-power AI chips and software for on-device AI in headphones, wearables, and industrial systems. Per its filing, Syntiant’s Q1 results are as follows: revenue reached $64.5 million, down from $66.6 million in the year-ago quarter; net loss stood at $26.2 million, widening from $16.8 million in the same period last year. To date, Syntiant has raised a total of $311 million in funding, with a post-money valuation of $646.4 million following its December 2024 financing round.

US stocks closed on Monday: the Dow Jones rose 0.3%, S&P 500 gained 0.7%, and Nasdaq advanced 1.1%. According to BIT (bit.com) market data, AI-related US stocks saw strength in chip R&D and manufacturing firms, optical communication concept stocks, and storage sector equities: AAOI rose 1.98%, MRVL gained 1.63%, AVGO climbed 3.73%, ASML advanced 3.12%, Western Digital jumped 7%, while Micron Technology and Intel added around 1%. Strategy, which announced a historic Bitcoin sell-off ahead of yesterday’s market open, traded lower at the opening before climbing back to close flat; STRC edged up 0.81%. Separately, DELL surged 4.36% amid Trump’s market comments. In Asia-Pacific stocks, South Korea’s Samsung Electronics released extremely strong preliminary Q2 results ahead of this morning’s market open. Its operating profit surged over 1800% year-over-year, with quarterly earnings exceeding the sum of the past three years. Revenue also jumped 129% YoY to 171 trillion won. However, strong earnings failed to stem investor selling. According to Bitget market data, South Korea’s KOSPI index plunged quickly after opening, widening its decline to 3%, with Samsung Electronics leading losses, down 5%.