US Department of Labor Proposes Rule Offering Safe for Crypto Investing in 401(k)s

Safety Shot Inc. is set to receive $25 million worth of BONK from Solana meme coin contributors, aiming to acquire up to $115 million worth by year-end. The move follows a trend of companies creating crypto treasuries, with Safety Shot's stock plummeting 92% from its all-time high.

Paxos has applied for a national trust charter with the OCC to expand its business operations nationwide, following similar moves by Circle and Ripple. The application aims to enhance growth opportunities and efficiency under federal oversight, aligning with recent regulatory developments in the stablecoin industry.

ALT5 Sigma Corporation plans to raise $1.5 billion for a World Liberty Financial treasury by selling 100 million common stock shares at $7.50 each. The funds will be used to purchase $WLFI, settle litigation, pay debts, and fund operations.

Pump.fun's token saw a 20% surge, reclaiming market share from LetsBonk on Solana. Despite a 46% drop from its all-time high, Pump.fun is back in the lead with 67% of meme coins launched daily.

Strategy, a Bitcoin treasury company, recently acquired 155 BTC for $18 million, bringing its total holdings to 628,946 BTC worth over $75.5 billion. The company began buying Bitcoin in 2020 to combat inflation and is now the largest corporate holder of the asset.

Zora's native token has surged 43% to $0.1372 in the past 24 hours, following strong performance over the past weeks. The project incentivizes artists and musicians to share their work using its token, which was launched in April 2025.

S&P Global Ratings has assigned a B- issuer credit rating to Sky Protocol, the decentralized lending platform formerly known as Maker Protocol. With a $7.1 billion market cap, Sky issues the USDS stablecoin and offers savings vaults for earning yield.

Ethereum's surge has made Vitalik Buterin an "on-chain billionaire" with a net worth of $1.045 billion, excluding potential off-chain assets. The cryptocurrency's market cap of $513 billion now surpasses companies like Costco and Palantir, positioning it as the second-largest cryptocurrency after Bitcoin.

Bitcoin exchange-traded funds saw a recovery last week with $260 million in inflows, falling short of Ethereum's $268 million performance. President Trump's executive order allowing crypto in 401(k) plans triggered $1.57 billion inflows, boosting institutional interest in regulated crypto investments.

Steve Wozniak accused YouTube of enabling a Bitcoin scam using his image, leading to significant financial losses for victims. Wozniak is still battling a 2020 court case against YouTube for not removing the fraudulent content promptly.