Hey, did you see that Bitcoin Depot was hacked? They lost 50.9 BTC, about $3.7 million. They discovered the unauthorized access in March, someone tampered with the systems and took the money from their wallets. The worst part is that these guys operate crypto ATMs, you know? Like, it should be secure. But at least the customer data is safe, and they’ve already called the police and started a third-party investigation.

But there’s more going on. The Ethereum Foundation is selling ETH, converting 5,000 tokens into stablecoin for research and grants. They’ve already sold 3.75k ETH for around $8.3 million, and the price dropped about 3% because of it, going from $2,179 to $2.34k now. Still, ETH is up 6% for the week, so it’s not that bad.

And there’s another thing: Canary Capital filed for a spot ETF of Pepe (PEPE). It shows that institutional markets are seeking diversification even into more alternative assets. Meanwhile, we keep seeing hack news and think everything’s been compromised, right? But the market keeps going.