U.S. Judge Dismisses Musk's Lawsuit Against OpenAI and its CEO Altman

May 19 — Per Onchain Lens, the WorldCoin team transferred 13.18 million WLD to Coinbase, worth roughly $3.09 million.

May 19 – According to a Bloomberg report, the U.S. Securities and Exchange Commission (SEC) is set to unveil an “innovation exemption” policy for tokenized stocks as early as this week, establishing a new regulatory framework for on-chain trading of digital securities. The SEC is considering allowing third parties to issue tokens pegged to stock prices without prior authorization or consent from the underlying companies, a change that would let these tokens trade on decentralized finance (DeFi) platforms. The report clarifies these third-party tokens are essentially synthetic assets tracking stock values, with some products missing the voting rights or dividend entitlements of standard common shares. Under the SEC’s proposal, platforms that do not provide these rights could lose eligibility to list such tokens. The initiative is viewed as the first large-scale test by U.S. regulators of the feasibility of migrating stock trading to crypto infrastructure. Proponents argue tokenized sec

May 19th, per official Pendle protocol data, the platform non-custodially holds 2,453,331 STRC via the STRC yield token market, making it a core on-chain hub for digital credit yield discovery and liquidity. Pendle’s USDG liquidity pool—backed by U.S. Treasury bonds as its underlying asset—ballooned to $230 million in total value locked (TVL) in just one weekend. The protocol’s $120 million PT-USDG allocation on Aave is already fully utilized. As U.S. Treasury and structured credit asset markets keep expanding, Pendle’s Real World Assets (RWA) total locked value has climbed to 97%, further reinforcing its top position in the on-chain yield trading space.

May 19th — President Trump announced he called off the planned strike on Iran set for Tuesday, after Gulf-region allied leaders requested more time to pursue a diplomatic solution. Trump noted the leaders of Saudi Arabia, Qatar, and the UAE made this ask, arguing a deal could be struck that would satisfy the U.S., Middle Eastern nations, and the wider region. The core terms of this agreement would require Iran to forgo developing nuclear weapons. Trump added: “There appears to be a strong chance of reaching a deal with Iran. Gulf allies asked if the planned strike could be delayed for 2 to 3 days, as they believe an agreement is imminent. Iran must formally confirm in writing that it will not develop nuclear weapons. I believe we’ve made meaningful headway on the Iran front.” Trump has ordered Defense Secretary Esper and other U.S. officials to stand down from military action, but also warned he’s directed the military to stand ready to launch a “broad-spectrum, large-scale strike” o

According to PeckShield’s monitoring, the Echo Protocol on Monad was hacked on May 19th. The attacker minted 1000 eBTC (roughly $76.7 million), deposited 45 eBTC (worth around $3.45 million) into Curvance using a standard, well-tested process. They then used that deposit as collateral to borrow approximately 11.29 WBTC (about $867,700), bridged the WBTC to the Ethereum network, swapped it for ETH, and finally transferred 384 ETH (valued at roughly $821,700) to Tornado Cash.

May 19 — White House officials have disclosed to *The Wall Street Journal* that President Donald Trump will host the swearing-in ceremony for incoming Federal Reserve Chairman Kevin Wash this Friday at the White House. The event underscores the president’s high regard for this nomination. Back in 2018, during his first term, Trump nominated Jerome Powell to lead the Fed. Powell’s own swearing-in ceremony, however, was held at the Fed’s headquarters, with President Trump not in attendance. This marks a shift from recent precedent: the last Federal Reserve Chairman to be sworn in at the White House was Alan Greenspan, in 1987. Every Fed Chairman named since then has had their swearing-in at the Federal Reserve instead. The last president to attend a Fed Chair’s swearing-in at the White House was George W. Bush, who was present for Ben Bernanke’s 2006 swearing-in ceremony. That same year, Wash was sworn in as a Fed governor at the Eisenhower Executive Office Building by then-Vice Presid