**Crypto Market Bounces Back After Major Sell-Off**
The crypto market saw a significant recovery this week after a massive sell-off wiped out over $510 billion from the global market cap, briefly pushing Bitcoin to a five-month low of $49,000.
**Key Highlights:**
- **Donald Trump Jr.'s DeFi Platform:** Donald Trump Jr. announced plans to launch a DeFi platform aimed at challenging traditional banks. Details are scarce, and the project is still in its early stages.
- **Solana's Gaming Surge:** Solana’s first gaming SVM, Sonic, hit over one million monthly active users, driven by its Odyssey testnet campaign.
- **Nomad Bridge Hack:** A hacker moved $35.2 million in ETH to Tornado Cash, following a previous transaction involving stolen funds.
- **Ronin Network Incident:** A bot returned nearly $10 million in ETH after an accidental front-run on the Ronin Network bridge, earning a $500,000 reward for discovering the exploit.
Stay tuned for more updates in the dynamic world of decentralized finance!