
Decrypt
World, co-founded by OpenAI CEO Sam Altman, introduced a new World ID app for managing proof-of-human verification. The company also launched Concert Kit for artists to reserve tickets for verified humans, aiming to combat ticket scalping.
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JPMorgan Chase settled a transaction involving tokenized U.S. Treasuries on Ondo Finance using Chainlink to connect private and public networks, marking a milestone in their decentralized finance project Kinexys. Real-world-asset tokenization is gaining traction among institutional investors, with RWAs on blockchains exceeding $12 billion in total value locked.

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Gold's price dropped to a monthly low as Bitcoin surged amid easing U.S.-China trade tensions. Bitcoin's price rose 17% while gold fell 9% from its mid-April high. Analysts attribute Bitcoin's strength to concerns over U.S. dollar debasement and a weaker greenback.

Blockworks
Squads has introduced Altitude, a stablecoin-native account for businesses, with a strategic investment from Haun Ventures. CEO Stepan Simkin envisions Altitude as a tool for real businesses to manage financial operations efficiently.

DL News
The SEC, under new Chairman Paul Atkins, is hosting crypto roundtables to discuss tokenisation and support digital assets. Companies like BlackRock, Franklin Templeton, and Fidelity are eager to capitalize on the trend, with BlackRock leading the way in tokenisation efforts.

bitcoinmagazine.com
Bitcoin's price has surged from $75,000 to $106,000 in just a month, sparking excitement. However, indicators suggest caution as rapid increases often lead to corrections. Monitoring key metrics can help predict market sentiment and future movements.
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Pixelmon has partnered with Avalanche to launch its upcoming mobile game Warden’s Ascent, while keeping its core assets on Ethereum. The move aims to expand beyond the current Web3 user base and launch more games on Avalanche.

Blockworks
WalletConnect believes in Smart Sessions, a new standard for an AI-powered internet future, aiming to reduce wallet popups and delegate permissions to AI agents for seamless onchain experiences.

Decrypt
The sports tipster industry, valued at $148.8 billion, lacks transparency for buyers. AI agent Billy Bets aims to revolutionize the industry by providing on-chain visibility into its betting picks and strategies, attracting notable investors like Coinbase Ventures and Serge Ibaka.

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Coinbase CEO Brian Armstrong expressed support for former DOGE staffers, offering them positions at Coinbase to help create a more efficient financial system. Armstrong's invitation follows DOGE's controversial history and Musk's recent distancing from the agency.

Decrypt
Former Cred Inc. executives pleaded guilty to wire fraud conspiracy, admitting to misleading customers about the company's financial health. Cred filed for bankruptcy in 2020, with customers claiming over $140 million in losses.