Worldcoin might be the cleanest short in crypto right now. @BCheque1 explains his thesis: "There's huge anti-AI sentiment at the moment also from enterprises because there is a feeling that companies like Anthropic or OpenAI are leveraging partner and enterprise data to basically destroy their businesses. This means less trust in these companies in the short term until that trust is resolved. You've seen examples of this where Claude has launched Claude Design, basically rugging Figma. You look at the Figma stock price as a consequence of everything that's been going on in AI. Figma is in the gutter as a consequence of this stuff."

Worldcoin $WLD among crypto's biggest loss-makers. Despite a resurgence across many major altcoins, @worldnetwork's native token is down -8% on the week and nearly -23% on the month. The poor performance comes despite a promised -43% rollback on the asset's daily unlocks.

The World Foundation(@worldcoinfnd) raised $52.5M by selling $WLD. On-chain data shows it transferred out 217.4M $WLD, suggesting a sale price of $0.2415 per $WLD. At the same time, the World Foundation has received 47.5M $USDC.

THE BLOCK: Grayscale filed a registration statement with the SEC for a Worldcoin ETF, the first of its kind in the U.S. The fund would track the value of ethereum:0x163f8c2467924be0ae7b5347228cabf260318753 and would be traded on NASDAQ, according to the filing.

Ethereum is for shipping. Here are 22 things the Ethereum ecosystem launched, upgraded, and announced over the past month. 0/ Ethereum hit a new all-time high of 72.8 Million monthly transactions, the highest in network history. 1/ @ethereumfndn, @chainlink, and @Nethermind launched a $1M audit subsidy program to help Ethereum builders access high-quality security reviews. 2/ South Korea’s largest crypto exchange, Upbit, announced plans for GIWA Chain, an Ethereum L2 built on @Optimism. 3/ @AragonProject introduced Permissions Audits to help protocols secure roles, multisigs, and admin systems. 4/ @fileverse shipped Comments v2, improving the collaboration experience, with privacy by default. 5/ The Ethereum Applications Guild (@EthAppsGuild) launched to support Ethereum-native apps and real-world adoption. 6/ Privacy went live on @Optimism with confidential computing support on OP Mainnet. 7/ @StarkWareLtd brought native proof verification to Starknet mainnet with Shinobi, enabling private trading flows and OTC settlement. 8/ @worldcoin launched World ID 4.0, expanding proof of human credentials across apps, enterprises, and AI agents. 9/ Applications on Ethereum hit ~$310B in user deposits. 10/ @l2beat released a new interactive interoperability map showing how value moves across Ethereum’s expanding ecosystem. 11/ @AlchemixFi launched V3, the latest version of its self-repaying, non-liquidating loan product, with higher capital efficiency and improved peg mechanics. 12/ @OfficialMoonDAO raised $172k + from 157 contributors to send the man who coined the “overview effect” to space. 13/ @ethereumfndn announced the Road to @EFDevcon 8 Academic Program, supporting regional research and academic events ahead of Devcon. 14/ Ethereum core contributors gathered in Svalbard for Soldøgn Interop, a week-long event focused on hardening Glamsterdam implementations to help scale Ethereum securely. 15/ @basepaint_xyz hit 1,000 straight days of onchain art creation, with 121M+ pixels painted and $1.5M + distributed to 4,000+ artists. 16/ New Ethereum community hubs launched in Hong Kong and Floripa, growing local coordination and ecosystem activity across Asia and Latin America. 17/ The EF’s ETH Rangers public goods security program wrapped after helping recover or freeze $5.8M, reporting 785+ vulnerabilities, and identifying ~100 North Korean IT workers targeting Web3 teams. 18/ @centrifuge launched a tokenized S&P 500 fund on @base, bringing 24/7 onchain index exposure to non-U.S. users. 19/ @0xcatalysis launched Covered Vaults on Ethereum, DeFi vaults with built-in onchain risk coverage backed by delegated capital. 20/ @Uniswap processed $3T in all-time volume on Ethereum mainnet. 21/ @RAILGUN_Project hit $5 billion of total all time private volume.