Author: NBTC
Nexus will be able to take use of an expanded network of validators, bridges, relayers, and oracles across web3 ecosystems. The collaboration will advance Nexus’s objective to make zero-knowledge proof services available to everyone. A network of decentralized physical infrastructure for GPU clusters io.net has announced a collaboration with Nexus, a blockchain that is committed to the development of the Verifiable Internet. Through the integration of io.net’s Infrastructure-as-a-Service (IaaS) platform, the partnership will improve the zero-knowledge Virtual Machine (zkVM) that Nexus has developed. This will advance Nexus’s objective to make zero-knowledge proof services available to everyone. In order to increase…
Senator Cynthia Lummis has been appointed chair of the Senate Banking Subcommittee on Digital Assets, a newly established body under the Senate Banking Committee. “Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the US dollar with a strategic bitcoin reserve,” Lummis said. “I am humbled my colleagues have placed their trust in me to chair this historic subcommittee and I look forward to shepherding bipartisan legislation to President Trump’s desk this…
The Web3 ecosystem has grown significantly over the past four years, with the total market cap of the crypto industry now at a whopping $3.8 trillion. This growth in valuation has mainly been fueled by the emergence of specific niches such as Decentralized Finance (DeFi), Non-fungible tokens (NFTs) and gaming platforms. But looking at the fine print, it is quite evident that the upward inflection in the crypto adoption curve coincided with the launching of NFT collections, especially those that were affiliated to blockchain-powered games such as the Axie Infinity. This NFT game recorded a total of 2.7 million daily…
Boba Network, a prominent L2 solution for seamless transfers, has announced the new integration of Nucleus Network, a popular yield provider. The integration includes the launch of Nucleus Network on Boba Network to provide users with seamless rewards and yield-earning opportunities. The platform disclosed this development on its official X account. GBoba 🧋@nucleusearn is now live on @bobanetwork, embedding yield at the core! Simply bridge your ETH to Boba Network and automatically earn Ethereum Mainnet yield—no extra steps or opportunity cost. Powered by frictionless cross-chain operations and composable… pic.twitter.com/G2NnIKgjko — Boba Network 🧋 (@bobanetwork) January 22, 2025 Boba Network Integrates…
Frax Finance has proposed to invest $5 million in World Liberty Financial (WLFI), a DeFi platform closely tied to the Donald TRUMP administration. The move aims to position FRAX as a leader in the growing decentralized finance (DeFi) ecosystem in the United States. A follow-on investment of $10 million is also being considered, depending on the success of the partnership. The interest in American-origin crypto initiatives has been fueled by the election of Donald Trump as the 47th President of the United States. The current administration has shown great interest in the development of blockchain and cryptocurrencies. World Liberty Financial,…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Overshadowed by this weekend’s Trump meme mania, the ongoing debates surrounding Ethereum’s future have reached fever pitch. The public discussion highlights divides between parts of the community and the Ethereum Foundation (EF). Debates touch on governance, the network’s scalability roadmap and long-term vision. One key area of debate is the governance of the EF. Critics argue that the EF’s internal structure may not be suitable for the current era. Despite its mission to decentralize, the foundation’s current centralized decision-making invites critiques of its responsiveness to competitive threats…
Hamilton, a Real-World Asset (RWA) protocol built on the Bitcoin network, has raised $1.7 million in a pre-seed funding round. The round was led by DisrupTech Ventures, CMS, DeSpread, Hyperithm, Core Ventures, and other strategic investors. The funding will support Hamilton’s mission to make tokenized real-world assets available to both institutions and individual investors globally, advancing accessibility and adoption in the RWA space. $1.7 Million Funding Fuels Hamilton’s Mission to Tokenize Real-World Assets on Bitcoin Hamilton, the RWA protocol, focuses on removing barriers to financial access by offering affordable and stable financial products, specifically designed for emerging markets. Here are…
The Ripple ecosystem is no stranger to innovation, but a recent event has added urgency to upcoming developments. Ripple USD (RLUSD), Ripple’s stablecoin launched in December 2024, unexpectedly strayed from its 1:1 peg to the U.S. dollar. Briefly trading with a 4% deviation, this unusual behavior has sparked questions about its stability and the way forward. RLUSD is designed to be stable and liquid. It operates on the XRP Ledger and Ethereum. It is backed 1:1 by reserves, but its recent deviation has shown how closely its behavior is tied to XRP’s movements. This highlights the challenges of maintaining a…
Senator Cynthia Lummis has been appointed Chair of the newly formed U.S. Senate Digital Assets Banking Subcommittee. The appointment was announced by Senate Banking Committee Chairman Tim Scott, who commended Lummis for her leadership on digital asset legislation. Senator Lummis, a staunch advocate of Bitcoin and blockchain technology, expressed his vision for the United States to lead in financial innovation with a strategic approach to digital assets. “Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress must urgently pass bipartisan legislation that establishes a comprehensive legal framework for digital…
RedStone, a modular blockchain oracle platform and restaking protocol, has announced CLARA, a new solution aimed at the artificial intelligence market’s agent-based projects. As a communication layer for AI agents, CLARA provides an infrastructure system designed to solve one of the industry’s biggest challenges—communication and collaboration for AI agents. According to details shared with crypto.news, RedStone’s new solution aims to unlock value across the agent economy using hyper-parallel computer AO’s economic rails. CLARA enables projects to leverage RedStone’s cross-chain oracle data network for secure and efficient data exchange. The goal is to facilitate multi-agent communication and value exchange within the…