⚠️World Chain News Hourly Summary:

Reporting Period: 13:00 - 14:00
🔥 Ripple and JPMorgan complete their first cross-border tokenized government bond redemption on XRP Ledger
Ripple, JPMorgan, Ondo Finance, and Mastercard collaborated to successfully execute the first cross-border tokenized government bond redemption pilot on XRP Ledger. The transaction redeemed Ondo's OUSG tokenized government bond fund in less than 5 seconds.
🔥 Aave liquidation Kelp DAO hacker’s rsETH positions on Ethereum and Arbitrum
According to Thaddeus Pinakiewicz of Galaxy Digital, Aave has recovered 90% of the bad debt caused by the Kelp DAO attack.
🔥 Bitwise: Major tech companies adopting stablecoins will drive market size to $4 trillion
Bitwise investment chief Matt Hougan stated that if major tech companies continue to adopt stablecoins, the market size could reach $4 trillion by 2030 as projected.
🔥 Trade xyz crude oil positions halve week-over-week by 59%, US stock futures support high-level holdings
According to Hyperinsight, Trade xyz’s traditional asset mapping contracts deployed via HIP-3 protocol on Hyperliquid platform saw increased trading activity, with daily volume up 30.4% week-over-week to $3.3 billion; holdings increased slightly by 4.78%, about $2.21 billion. Traditional asset holdings are diverging; affected by oil price declines, WTI and Brent crude oil holdings were heavily released, with combined holdings down 59% week-over-week, now at $539 million. The strong rise in US stocks supports overall holdings, with S&P 500 futures holdings climbing, making it the fourth-largest asset on Hyperliquid.
🔥 Mainstream CEX and DEX funding rates show market remains bearish
On May 7, according to Coinglass data, Bitcoin briefly surged near $83k in the early hours before retreating. Currently, mainstream CEX and DEX funding rates indicate a bearish market. Funding rate is the mechanism for exchange of funds between long and short traders in perpetual contracts, with a baseline of 0.01%. A rate above 0.01% indicates bullish sentiment, below 0.005% indicates bearish.
🔥 The world’s largest custodian bank, BNY Mellon, expands crypto services in Abu Dhabi
Managing client assets of $59 trillion, Wall Street giant BNY Mellon (BNY) is partnering with Finstreet and ADI Foundation to advance digital asset infrastructure development in Abu Dhabi.
🔥 BNY Mellon expands digital asset custody to UAE
Managing $59 trillion in assets, BNY Mellon is expanding its digital asset custody services to the UAE through local partners. The bank is collaborating with Finstreet and ADI Foundation to build a regulated digital asset infrastructure in Abu Dhabi Global Market (ADGM). Initially focusing on Bitcoin and Ethereum custody, future plans include stablecoins and tokenized assets.
🔥 Three signals suggest Bitcoin could rise to $85,000
On-chain data, futures positions, and options liquidity are unusually resonant, indicating Bitcoin still has upside potential.
🔥 Raoul Pal: AI era requires "Universal Basic Equity," agents will account for 60% of DeFi users in 5 years
Real Vision CEO Raoul Pal said at Consensus 2026 that humanity faces a historic turning point, with AI capabilities doubling annually. By 2028, AI-generated text will surpass all human output in history. He proposed replacing UBI with "Universal Basic Equity," allowing ordinary people to benefit by holding crypto infrastructure tokens. Pal believes institutional entry aligns with crypto spirit and would choose Solana over Bitcoin if forced to pick, expecting a 3:2 ratio of agents to human users within 5 years.
$btc #xrp #ondo #aave #eth #arb #hype #sol #ousg #hip #wti #cex #dex #ubi