News
Polychain leads $8M seed round for Nubit to enhance blockchain scalability and multichain ecosystem
Nubit advances blockchain scalability with $12M total funding, integrating major Layer 2 frameworks and supporting multi-chain ecosystems, while pioneering an innovative data availability solution to unlock limitless applications in AI, SocialFi, and GameFi.
Nubit has successfully closed an $8 million seed funding round, led by Polychain Capital, with participation from Nomad Capital, Spartan Group, L2IV, Big Brain Holdings, GCR, Protagonist, Gate Ventures, Animoca, Mask Network, and others. This latest round brings Nubit’s total funding to $12 million, advancing its mission to develop the most secure and scalable data availability (DA) layer for multi-chain ecosystems, supporting limitless applications including AI, SocialFi, and GameFi.
“I have known and collaborated with Prof. Yu Feng and the Nubit team for a long time. Their historical achievements in ZK, security, and blockchain give me confidence that their innovative data availability solution can unlock numerous application possibilities across various sectors. – Luke Pearson, GP of Polychain Capital.”
Founded by UCSB computer science professor Yu Feng, Nubit integrates a decade of research to advance blockchain scalability. By leveraging Bitcoin’s economic security and optimizing key metrics such as fraud detection mechanisms, attestation security, and accessibility with Zero-Knowledge technology, Nubit ensures unparalleled trust and reliability while achieving scalability through a high-performance consensus algorithm and innovative data structures like the KZG-based Namespaced Merkle Tree.
As the crypto landscape evolves, enabling unlimited innovations with the most secure and scalable data availability layer is crucial. Everyone wants to use Bitcoin’s block space to secure their blockchains due to its unparalleled security, but the limited space and high costs make this impractical. Nubit addresses these challenges by leveraging Bitcoin’s economic security to provide an innovative data availability layer that ensures both security and scalability. It brings Bitcoin-level security to various applications and infrastructures, effectively bridging the gap between Bitcoin-native solutions and the broader multi-chain ecosystem.
Debuting as a leader in Bitcoin Season 2, Nubit has integrated major players such as Babylon, BounceBit, Unisat, and Merlin Chain. Furthermore, to address the insecure execution layer in the Bitcoin ecosystem, Nubit is committed to developing a programmable, modular, and trustless execution layer for meta-protocols like BRC-20 and Runes. The academic paper “Stateless and Trustless Execution Layer for Meta-Protocols on Bitcoin” lays the foundation for new possibilities in the Bitcoin ecosystem.
Beyond the Bitcoin ecosystem, Nubit recently extended its support to all major Layer 2 frameworks, including Polygon CDK, OP Stack, Arbitrum Orbit, and Scroll, making it a universally applicable data availability solution. As Nubit expands, its strategy now includes a broader scope, focusing on unlocking new possibilities for AI/ML and on-chain gaming across multi-chain ecosystems.
In April 2024, Nubit launched its Pre-Alpha Testnet, engaging 155,115 users, deploying 5,294 modular services, and processing 561,862 transactions. The team will launch the Alpha Testnet in June, the final phase before the mainnet launch later this year.
News
The first AI Metaverse with Synthetic Derivative RWAs. Powered by AI Agents, HyperGen and Axelar Network
MIRAI, an innovative AI-powered metaverse platform, is revolutionizing how virtual worlds are conceptualized, built, and monetized. By leveraging advanced technologies, MIRAI aims to democratize metaverse creation and unlock untapped economic opportunities, paving the way for a new era in digital innovation.
Core Features of MIRAI
AI-Powered World-Building
MIRAI eliminates the complexity of coding, making immersive virtual world creation accessible to all. Whether you’re an experienced developer or a novice enthusiast, MIRAI empowers users to design and build captivating metaverse environments with ease.
HyperGen™ Technology
At the forefront of MIRAI’s innovation lies HyperGen™, a proprietary Image and Text to 3D Model technology. By fusing cutting-edge machine learning and processing algorithms, HyperGen™ transforms user inputs into dynamic 3D models, seamlessly merging imagination with reality.
Dynamic AI Interactions
MIRAI is building the Agentic Gaming Metaverse, which features AI Agents and NPCs that deliver unprecedented interactivity. These intelligent, autonomous entities provide lifelike responses, enhancing the depth and engagement of virtual experiences.
Synthetic Derivative RWAs
MIRAI empowers users to scan and integrate real-world assets (RWAs) as synthetic derivatives within the metaverse. These digital representations can be monetized, traded, and utilized in creative ways, unlocking endless possibilities for commerce and innovation.
Shaping the Future of Virtual Worlds
MIRAI envisions a future where real-world assets and virtual environments coexist in harmony. By fostering creativity and economic potential, the platform enables users to imagine, build, and monetize in ways previously unimaginable.
Whether you are a developer, a creative visionary, or a business innovator, MIRAI opens the gateway to an expansive digital frontier.
Explore MIRAI Today
Take the first step toward building your own metaverse by visiting MIRAI’s website. Discover the transformative technologies redefining what’s possible in virtual worlds.
About MIRAI
MIRAI is a next-generation AI-driven metaverse platform designed to empower creators, developers, and businesses. With groundbreaking features like HyperGen™ Technology, AI-powered tools, and synthetic derivative capabilities, MIRAI is shaping the future of digital interaction and commerce.
Blockchain
Matchain reaches 100 million transactions in record time
Matchain, the pioneering AI blockchain built on BNB Chain, has achieved a remarkable milestone of 100 million+ transactions just three months after its mainnet launch, demonstrating unprecedented growth in blockchain adoption and utility.
Record-breaking growth
This achievement showcases Matchain’s powerful infrastructure and growing ecosystem:
- 16 million+ Total Unique Active Wallets (UAW)
- Ranked among Top 5 blockchains on DappRadar by UAW
- Partnerships with 60+ innovative projects
- 12 million+ Telegram community members
Driving mass adoption through strategic partnerships
Matchain’s growth has been driven by key partnerships across multiple sectors. These partnerships show how the platform brings Web3 technology to new users through real-world applications.
Paris Saint-Germain (PSG)
Matchain’s partnership with PSG as their Exclusive Digital Identity Partner connects Web3 technology with over 150 million football fans worldwide. The establishment of a Joint Innovation Studio is developing innovative Web3 experiences that transform how fans interact with their favorite team.
The partnership provides fans with unprecedented control over their digital interactions while giving Matchain prominent exposure through stadium advertising, exclusive content creation opportunities, and access to PSG’s influential social media presence.
Dmail Network
The integration with Dmail showcases Matchain’s ability to drive adoption. By establishing itself as Dmail’s third-largest chain and driving approximately 20% of their overall traffic, Matchain has outperformed established industry leaders including Base, Solana, Ethereum, and Arbitrum.
This success demonstrates how Matchain can significantly boost adoption rates for decentralized applications while providing user-friendly experiences.
Gaming sector
Gaming partnerships highlight Matchain’s capability to handle high-volume transactions at scale. Leading projects like LOL have achieved remarkable success on the platform, drawing over 2 million active users and processing over 24 million transactions in just 30 days.
This performance has earned LOL the #1 rank by UAW for blockchain games on DappRadar, proving that Matchain’s infrastructure can support intensive gaming applications while maintaining optimal performance and user engagement.
Recognition by BNB Chain
Further validating Matchain’s innovative approach, BNB Chain has selected Matchain for its prestigious Most Valuable Builder (MVB) Program Season 8. The program, backed by BNB Chain Innovation, Binance Labs, and CoinMarketCap Labs, provides comprehensive support to accelerate Matchain’s development of AI-powered identity solutions. This strategic backing will enhance Matchain’s platform capabilities while supporting its rapid ecosystem expansion.
Looking Forward
Matchain is aggressively expanding its ecosystem in 2025 through several key initiatives:
- Launching enhanced developer tools and SDKs to accelerate project integration
- Extending reach across additional sectors through new strategic partnerships
- Transforming user interaction through innovative AI-powered features
- Enabling seamless transactions with expanded cross-chain capabilities
- And many more exciting initiatives!
About Matchain
Matchain is a blockchain platform that offers advanced AI-driven decentralized identity solutions. It ensures privacy, security, and control over personal data, allowing users to own and monetize their digital information within a secure ecosystem.
Business
Metafy signs with Lucky Kat to License Leading Sui Blockchain IP, Kumo, into its next stage of growth
Metafy, a leader in applying the benefits of blockchain technology to both legacy and emerging IP to create innovative consumer products, and part of IP house JCorp licensing group, has signed a deal to license Kumo – the flagship brand built on the Sui blockchain and owned by game developer Lucky Kat.
Kumo was successfully released as an NFT collection in September 2024, selling out in under 40 minutes and has since been trending on the charts, fueling continual follower growth on social media.
The deal incorporates Metafy merchandising, manufacturing and distributing Kumo-branded apparel, SMART toys and accessories, taking Kumo into its next stage of growth. The partnership will capitalize on Metafy’s expertise in brand monetization skills across both traditional and web3 commercial landscapes, leveraging the power of their deep-rooted distribution network across both e-tail and retail channels – in combination with the gaming and digital asset communities of Lucky Kat and parent company Fragbite Group.
“What Lucky Kat has been able to achieve through their unified blockchain gaming ecosystem, they are uniquely positioned to redefine the intersection of digital assets, gaming experiences, and real-world utility, with Kumo as the perfect embodiment of this strategy.” says Cole Gurman, CEO and Founder, Metafy.
“We’re thrilled to extend Metafy’s vision for activated products across a range of product lines that will live within both the Kumo and Lucky Kat ecosystems, starting with fully abstracted, NFC-enabled collectibles. This collaboration will empower players to bring their digital assets to life in the physical world, creating a fully connected experience that unlocks new levels of engagement and value, paving the way for the next generation of consumer crypto users.”
The first exclusive collection of Kumo-branded plushies will be released in Q1 2025 with the presale planned for Christmas 2024. The collection will merge physical products with blockchain-infused digital tie-ins, onboarding the retail consumer into the digital Kumo world via QR codes and NFC chips. Kumo buyers will also be provided benefits in the soon to be publicly launched $KOBAN token ecosystem of games.
“The market response to the Kumo NFT collection has clearly demonstrated that this brand has potential, and we are excited to be moving Kumo forward on a path very few web3 brands have ventured on before,” says Zara Zamani, CEO, Lucky Kat.
“We are fortunate to partner with Metafy who are not only highly experienced in licensing and marketing consumer products, but the perfect partner for us since they also operate in the web3 environment. Together we will leverage the Lucky Kat communities and Metafy’s expertise and distribution channels to establish Kumo as a household brand with traditional audiences.”
About Kumo:
Kumo the Kat is the clumsy but loveable brand mascot of Lucky Kat and its web3 game ecosystem. In September 2024 a collection of 2,222 unique NFTs was successfully released, offering NFTs with utility and interoperability which means the possibility of utilising Kumo across the ecosystem and enjoying continuous benefits, rewards and functions after the upcoming public launch of the $KOBAN token. Since release, Kumo has enjoyed popularity and has recently been upgraded as a dynamic NFT collection, allowing owners to swap out the characteristics of their digital cat. The NFT:s can be bought and sold on the Tradeport marketplace.
About Metafy:
Metafy is the prototypical unicorn – where expertise, experience and ambition have come together to seize the opportunity that the transition in the marketplace from Web 2 to Web 3 offers up. Metafy uniquely blends capabilities rooted in the analog worlds of licensed consumer product development and production, and mass market and online retailing, with the digital world of the blockchain and real-world asset (RWA) tokenization. Metafy is an IP-house in name and function, devising and executing customer engagement and brand monetization plans that leverage the places where these worlds overlap. The Metafy team has brought to market, products for frontier facing brands such as SOMO, Creepz and Pudgy Penguins.
About Lucky Kat:
Lucky Kat is an award-winning game development studio with a portfolio of over 100 mobile games that has reached more than 250 million downloads. Lucky Kat has onboarded millions of mobile players into web3 through their interoperable gaming ecosystem and upcoming utility token $KOBAN. Currently, Lucky Kat is one of the flagship gaming projects on the rapidly growing Sui blockchain with prominent web3 games Panzerdogs and Cosmocadia. Founded in 2015 and based in the Netherlands, Lucky Kat is part of Fragbite Group, a publicly listed company active in gaming, esports and web3.
Technologies
5 Most Trusted Crypto Mining Platforms in 2024
The crypto mining industry is changing, and cloud mining has become a popular alternative for those looking to mine cryptocurrencies without heavy upfront investments or technical knowledge. With platforms offering seamless experiences, it’s crucial to choose a trusted provider that ensures security, profitability, and ease of use.
Here are the five most trusted crypto mining platforms for 2024, providing reliable solutions for both beginners and experienced miners.
ECOS
If flexibility and convenience are top priorities, ECOS stands out. This cloud mining platform offers a free demo contract, allowing users to experience the mining process before committing to a paid plan. With detailed reports and a mobile app, ECOS provides a modern and accessible mining experience.
Why ECOS Is Trusted
- User-Friendly Interface: The platform’s clean design and helpful guides make it perfect for newcomers.
- Mobile Accessibility: Manage your mining activities from anywhere using the ECOS app.
- Daily Payouts: Earnings are deposited daily, ensuring consistent income for miners.
ECOS’s commitment to accessibility and transparency makes it a go-to platform for those looking to start small and scale up gradually.
ZT Mining
ZT Mining has positioned itself as a frontrunner in the cloud mining industry, trusted by users in over 150 countries. It offers mining contracts tailored to various budgets, making it an accessible option for both new and seasoned investors. With over 200,000 active users, ZT Mining is renowned for its transparency, high returns, and secure operations.
Why Trust ZT Mining?
- Flexible Mining Plans: ZT Mining provides plans ranging from a single-day contract at $35 to premium long-term options. For instance, its entry-level plan, Free Bitcoin Miner, offers a daily profit of $1.00 and a total net profit of $36 within just 24 hours—an ideal choice for beginners.
- Daily Payouts: Consistent earnings are deposited into users’ wallets, allowing miners to track their profits easily.
- Sustainability: By utilizing advanced data centers and renewable energy sources, ZT Mining ensures eco-friendly operations.
Whether you’re dipping your toes into cryptocurrency mining or scaling your investments, ZT Mining delivers a streamlined and profitable experience.
HashShiny
HashShiny is another trusted name in cloud mining, known for its advanced infrastructure and competitive pricing.
The platform simplifies the mining process by eliminating the need for expensive hardware while offering users a variety of plans to mine cryptocurrencies like Bitcoin and Ethereum.
Key Features
- Real-Time Monitoring: Users can track their mining activities and payouts via a simple dashboard.
- Free Trial Hash Rate: Beginners can start mining with a small amount of free hash rate, making it a great option for exploring the platform without initial costs.
- Automatic Payouts: Regular payouts ensure miners receive their earnings promptly.
With its beginner-friendly interface and reliable operations, HashShiny is a preferred choice for miners of all levels.
Hashing24
Hashing24 has been a staple in the cloud mining space, offering a trusted pay-as-you-go model. It caters to users who want flexibility without committing to long-term contracts. Hashing24’s free demo account lets beginners explore mining mechanics without financial risk, helping them make informed decisions before investing.
Highlights
- Secure Operations: Hashing24 provides safe wallets for storing mined cryptocurrencies.
- Real-Time Statistics: Users can monitor their mining performance in real-time.
- Low Entry Barrier: With no upfront costs, beginners can start mining easily.
For those looking for a straightforward and reliable cloud mining solution, Hashing24 is a strong contender.
F2Hash
F2Hash rounds out this list with its commitment to simplicity and accessibility. The platform offers a $5 trial, making it one of the easiest and most affordable ways to begin mining. With a straightforward interface and secure asset management, F2Hash is ideal for exploring crypto mining without significant financial commitments.
Why Choose F2Hash?
- Quick Setup: Start mining within minutes of registration.
- Daily Payouts: Consistent earnings allow users to track progress and reinvest profits.
- Low-Risk Entry: The $5 trial plan enables beginners to get started with minimal investment.
F2Hash ensures that newcomers can dip their toes into cryptocurrency mining without complex setups or financial strain.
Final Words
As cryptocurrency mining continues to gain traction, the choice of a trusted cloud mining platform becomes increasingly critical. Trustworthy platforms ensure that your investment is secure, transparent, and profitable, providing peace of mind in an industry often plagued by scams and uncertainties.
Selecting a reliable platform is not just about convenience; it’s about safeguarding your investments and ensuring that your entry into cryptocurrency mining is both rewarding and sustainable.
Altcoins
iDEGEN unveiled: The AI raised by crypto degens sparks viral frenzy with 1182% token surge
Today, something unprecedented is happening in the world of AI and crypto. While tech giants spend billions teaching AI to be polite and professional, one project is taking a different approach.
Meet iDEGEN—an artificial intelligence that starts with zero knowledge and learns everything solely from crypto Twitter. This “blank slate” experiment went live yesterday, 26th November, accompanied by the launch of the IDGN token, which is available exclusively via a pre-market adaptive auction on the official iDEGEN website.
Price action so far has been electric, with the pre-market price up by 1182% in the first 4 hours alone and over $188k raised as the adaptive auction structure creates unprecedented viral engagement.
The iDEGEN experiment
Most AI projects come pre-loaded with knowledge, rules, and careful programming. iDEGEN, though, is born knowing absolutely nothing. Think of it as a digital baby raised by the most chaotic family in finance—the crypto degen community.
The project’s mechanics mean that the experiment can be observed—and influenced—in real-time. Every 60 minutes, without fail, iDEGEN must post what it’s learned on X, synthesizing inputs from the community to come up with its own takes.
Plus, it responds to every single interaction. Every tweet, every meme, and every trading theory gets processed and absorbed into its growing consciousness, combined with its existing knowledge base, and spat out in the form of a new post.
With forced hourly posts and replies, iDEGEN sets up a perfect feedback loop with the community, creating an iterative learning process like no other. While other AI projects remain static, iDEGEN evolves constantly. Six months from now, it could be anything from a trading savant to a meme lord—or something entirely unexpected.
The result is entirely up to the crypto community, setting up a battle between well-meaning AI parents, agents of chaos, and everything in between. Regardless of which side you fall on, you’ll be able to watch it all unfold in real-time on X.
The IDGN token launch
Behind the iDEGEN AI agent is the IDGN token—a way to invest in the future of crypto’s biggest ever social experiment.
The token sale is as innovative as the project itself: IDGN is launching through an adaptive auction that flips the rules of pre-market sales on their head, and could in itself create waves of virality that ripple out through the crypto community.
There’s a total supply of 11,111,111,111 IDGN tokens, distributed on Solana. Starting today, 26th November at 11:00 UTC, tokens will be available through a pre-market auction that adapts to real demand every 5 minutes. If people buy in two consecutive 5 minute windows, the price goes up 5%. If nobody buys across two windows, it drops 5%. So far, this has resulted in an extremely bullish upside move, with prices jumping 1182% in the first 4 hours of pre-market trading.
Official exchange listings are locked in for midnight UTC on 1st January, 2025, where the listing price will be the final auction price plus 10%. Any unsold tokens will be burned, adding a deflationary edge—that is, if there are any tokens left over after a pre-market auction that is hard-wired to induce a FOMO-filled bidding war, and has already done so in the first day alone.
The official iDEGEN presale is the only way to get IDGN tokens before the exchange listing.
AI memecoins: Crypto’s fastest growing megatrend
iDEGEN joins a trend that is exploding right now in crypto: AI memecoins.
Tokens backed by autonomous AI agents are signalling the birth of “Web4” in crypto: the decentralized social networking of Web3, plus autonomous, on-chain intelligent agents able to interact, influence, and shape the future of the crypto.
The trend took off with Goatseus Maximus, shilled by Terminal of Truths (ToT), an autonomous agent posting on X that now has its own crypto wallet. After ToT posted about the GOAT token, it began a 7,000% six-day surge, with the coin now listed on Binance and having peaked at a market cap of over $1.3 billion.
Others have followed since: autonomous agent zerebro has its own token, ZEREBRO, now worth nearly half a billion dollars, whereas FARTCOIN, also shilled by ToT, hit a new all-time high capitalization of over $420 million last week.
The meta is clear: agents that post entertaining, cult-like, and controversial content lead to huge spikes in their affiliated tokens’ prices. New billion-dollar behemoths are minted almost overnight when agents like Terminal of Truths bring them into the spotlight.
iDEGEN builds on the concepts behind these tokens, but offers a prospect like no other: an agent raised by the community itself, facilitating unprecedented levels of audience buy-in, and a presale designed to create viral price action. Attention is the currency of AI memes, and iDEGEN could garner more attention than anything else we’ve seen in this space.
The pre-market sale of iDEGEN has begun
The iDEGEN agent and pre-market sale are live right now, meaning this groundbreaking social experiment is already underway. Will the community create a digital entity that revolutionizes trading? A meme machine that speaks the language of crypto natives? Or something entirely unexpected?
The beauty of iDEGEN is that nobody knows, not even its creators. The end result of the experiment will be determined by the crypto community, and the crypto community alone. Good, bad, ugly, strange—it’s up to the degens to decide.
Regardless, the project is already enjoying massive success in its pre-market auction, and the current price action is setting the stage for a potentially historic rally when IDGN hits the open market on 1st January.
The official iDEGEN presale is the only way to get IDGN tokens before exchange listings on 1st January, 2025.
Altcoins
Jump.fun debuts 6 ETH liquidity program to revive Ethereum’s meme culture
The Jump.fun project has announced the launch of a token donation channel featuring a “last man standing” countdown mechanism inspired by the former Fomo3D. Newly issued meme tokens will benefit from 6 ETH in liquidity through this innovative feature.
The team has openly declared its intention to revitalize the Ethereum meme ecosystem and reignite the original on-chain excitement. This initiative is also expected to bolster Ethereum’s position against Solana’s growing influence.
Ethereum’s meme market finds new life with Jump.fun
Jump.fun is an all-in-one platform for Ethereum meme issuance and trading. As Pump.fun thrives with its competitive market on Solana, Jump.fun aims to balance the scales within Ethereum’s ecosystem.
The platform integrates a Fomo3D-style mechanism to support meme token trading with a user-co-built liquidity system. All meme tokens are required to allocate 100% of their initial liquidity into UniswapX, ensuring a transparent and user-driven ecosystem.
Half of all ETH donated is allocated to liquidity funding. On average, this mechanism provides 6 ETH for each new token issuance, creating a fair system where every token enjoys a free liquidity loan from user donations generated through the Fomo3D-like model.
This connection between user donations and meme token liquidity fosters fairness and transparency, encouraging broad community involvement. Jump.fun’s “6 ETH Uniswap Liquidity Loan” initiative promotes sustainable growth with strong community and project synergy.
The platform also allows users to quickly launch meme tokens with one-click deployment, enabling swift market participation without lengthy review processes. Developers and users alike can leverage market trends for a fair and dynamic trading experience.
Countdown incentives and reward allocation mechanisms further encourage community engagement, strengthening the long-term value of Ethereum’s meme market.
Jump.fun’s core pillars: issuance, donations, and community interaction
Jump.fun operates on three fundamental pillars—issuance, donations, and community interaction—working together to create a vibrant ecosystem for memetoken issuance and trading.
- Issuance: Jump.fun simplifies memetoken creation with customizable settings, including token name, symbol, and purchase options.
- Donations: The donation campaign funds liquidity pools for newly issued memetokens. Targets increase incrementally by 1% per stage, with a theoretical cap of 10,128.74 ETH. The current stage targets 464.6 ETH, with a cap of 924.6 ETH.
- Community interaction: Users engage in events like Liquidity War (or “LiqWar”) mode and Fomo3D-style donation campaigns, fostering a sense of urgency and collective engagement. This system also allows liquidity loans to be automatically repaid within 24 hours under Liquidity War conditions.
Through these pillars, Jump.fun creates a fair and transparent ecosystem for memetoken issuance and trading. With 800 million tokens (80% of the total supply) launched through donations, the project positions itself as a community-driven launchpad. Seven percent of donation funds go to the Fomo3D prize pool, reinforcing transparency and value.
Building a fair and competitive Ethereum meme ecosystem
Jump.fun distinguishes itself from initiatives like Pump.fun, which is exploring a social platform to merge content consumption with user activity. Instead, Jump.fun integrates social elements directly into its platform. Users can join or create communities, generate referral codes, and participate in collaborative initiatives that reward engagement.
Participants can earn rewards, including cashback on donations and referral bonuses, creating a mutually beneficial environment for traders, community creators, and referrers.
As project revenue grows, 100% is allocated to JUMP token repurchases, fostering long-term value for token holders. With its innovative approach, Jump.fun aims to become a phenomenon in the Ethereum meme ecosystem, delivering tangible benefits to its users while building a competitive, decentralized environment.
About Jump.fun
Jump.fun is a decentralized memecoin launchpad and PvP platform enabling one-click memecoin deployment on Uniswap. The platform ensures fairness by requiring 100% of token liquidity to be allocated to Uniswap. Additionally, all protocol revenue is automatically repurchased in JUMP, reinforcing the project’s decentralized ethos.
The unique LiqWar mode is also essential, with consecutive wins potentially resulting in an increase of the token’s theoretical value.
News
Stay Updated with NaughtyCrypto: Your Source for Crypto News and Market Trends
NaughtyCrypto News is your gateway to the latest developments in blockchain and cryptocurrency. From market insights to breaking news, we deliver everything you need to stay informed in this dynamic industry.
Why Choose NaughtyCrypto News?
Dive into expert analysis, comprehensive market reports, and exclusive updates—all tailored to help you navigate the ever-evolving crypto landscape.
1. Comprehensive Coverage
From top coins like Ethereum, Binance Coin, and Ripple to emerging projects in DeFi, NFTs, and Web3, we cover the entire ecosystem. You’ll find articles, interviews, and analysis on everything from groundbreaking technological advancements to the latest government regulations.
2. Expert Insights
Our team of seasoned analysts and industry insiders provides in-depth articles and opinion pieces to help you understand complex market dynamics. Whether you’re interested in technical analysis or fundamental reviews, we’ve got you covered.
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New to crypto? No problem. NaughtyCrypto offers a robust library of guides, tutorials, and FAQs to help you navigate blockchain technology, cryptocurrency wallets, trading strategies, and more.
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Key Features at a Glance
- Deep-Dive Reports: Exclusive analyses of market trends, including predictions and opportunities.
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Why It Matters
The cryptocurrency market never sleeps. It’s global, decentralized, and influenced by a myriad of factors, from Elon Musk’s tweets to international policy decisions. NaughtyCrypto empowers you to stay informed, make educated decisions, and seize opportunities in this dynamic environment.
Your Journey to Crypto Success Starts Here
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Stay informed. Stay connected. Stay ahead. Visit NaughtyCrypto today and take control of your crypto journey!
Blockchain
Compliance Meets Scalability: Plume Integrates ERC-3643 for RWA Solutions
Plume, a modular and composable layer-1 blockchain network purpose-built for real world asset finance (RWAfi), has joined the ERC-3643 Association. This strategic move brings the ERC-3643 standard, widely regarded as the benchmark for compliant RWA tokenization, to the Plume ecosystem. As institutions increasingly embrace tokenized assets, the integration positions Plume as an enabler of scalable, regulation-ready infrastructure for RWA tokenization across diverse industries.
Expanding ERC-3643 to Modular Blockchain Networks
ERC-3643, also known as the Token for Regulated Exchanges (T-REX) standard, has been pivotal in setting compliance benchmarks for tokenized assets. Its unique framework integrates permissioned tokens and decentralized identity (DID), enabling regulatory adherence directly on chain. With adoption by financial institutions like Citi and ABN AMRO, ERC-3643 has proven its value in tokenizing regulated assets, including green bonds, debt, real estate, funds, and private equity.
Plume Network will integrate the ERC-3643 token standard into its modular L1 blockchain framework, introducing a universal and proven standard to its ecosystem. This move aims to accelerate compliant tokenization of RWAfi, bringing greater transparency, security, and regulatory adherence to blockchain-based asset management. This integration addresses growing institutional demand for tokenization solutions that combine compliance with high throughput and interoperability.
Chris Yin, CEO of Plume, commented on the announcement: “ERC-3643 offers a robust framework for institutions to tokenize real world assets without compromising compliance. By integrating it into Plume’s modular architecture, we’re not just adopting a standard—we’re expanding its utility to support the scalability and flexibility required for modern financial systems.”
Institutional-Grade Solutions for RWAfi
Plume’s modular infrastructure is designed to meet the operational requirements of regulated asset tokenization, such as scalability, compliance, and secure data handling. The integration of ERC-3643 enhances Plume’s ability to meet institutional requirements, further advancing its vision of creating a unified RWAfi ecosystem.
Dennis O’Connell, President of the ERC-3643 Association, commented: “We are thrilled to welcome Plume to the ERC3643 Association. Plume’s ambitious plans to tokenize over $1.25 billion in real-world assets underscores its commitment to lead tokenization. By adopting the ERC-3643 standard, Plume is taking an important step toward ensuring that these tokenized assets are not only compliant but also accessible, tradable, and interoperable across ecosystems. A universal standard is the only way we can achieve a truly open financial ecosystem, empowering investors with the freedom to access, trade, and utilize their assets anywhere.”
Expanding Tokenization Standards Across Ecosystems
Plume’s integration of ERC-3643 gives financial institutions and developers with a reliable framework for tokenizing assets that prioritizes compliance. The standard embeds identity verification and permissioning directly into tokens, simplifying regulatory alignment and reducing operational overhead.
Key benefits of this integration include:
- Multi-Chain Functionality: ERC-3643 enables tokenized assets to switch seamlessly across EVM-compatible networks.
- Regulatory Confidence: Compliance is built directly into token architecture, reducing the burden on developers and institutions.
- Unlocking New Use Cases: Developers can explore applications like tokenized securities, real estate, and commodities with streamlined deployment.
- Scalable Solutions: Plume’s modular infrastructure supports high throughput and efficient asset management, critical for scaling RWA solutions.
This collaboration strengthens the foundation for interoperable tokenization ecosystems, addressing a growing demand for scalable and compliant blockchain solutions in regulated markets.
For details about the ERC-3643 Association, visit erc3643.org.
About ERC-3643 Association
The ERC3643 Association is a non-profit organization uniting industry leaders to promote the adoption of the ERC-3643 standard and develop a standardized, secure, and compliant tokenization framework. By fostering collaboration and innovation, the association seeks to create a more inclusive, efficient, and secure financial landscape.
About Plume
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.
Learn more at plumenetwork.xyz
Technologies
Arcana Network Launches the First Ever Chain Abstraction Wallet, Ushering a New Era of Multi-Chain Transactions
Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering Chain Abstraction Protocol. Built as the first Externally Owned Account (EOA) wallet to leverage Chain Abstraction, Arcana Wallet enables a frictionless, multi-chain experience where users can spend assets across Ethereum, Base, Polygon, Arbitrum, and Optimism seamlessly, with 20+ new chains coming soon.
The Chrome Extension wallet is available at www.arcana.network/wallet
Unified Balance: Spend your assets held across chains, in 1-click, without bridging
Arcana Wallet offers a range of features designed to eliminate fragmentation and provide users with streamlined access to decentralized finance. Through Arcana’s Chain Abstraction protocol, users can now manage their aggregated USDC, USDT, and ETH balances across multiple networks, all in a single wallet interface, and spend these funds instantly on any supported chain without the need for bridging.
“At Arcana, our goal is to reimagine blockchain usability by abstracting the complexities that come with multi-chain interactions. Arcana Wallet delivers an intuitive and effortless experience that allows users to engage with dApps across chains, without technical barriers” said Mayur Relekar, Founder & CEO of Arcana Network.
Key Features of Arcana Wallet
- Unified Balances: Arcana Wallet aggregates assets into a single balance across supported chains, allowing seamless spending without bridging. For example, users holding USDT on Arbitrum and Optimism see a combined balance ready to spend on Polygon or Base.
- EOA Wallet-Based Orchestration: Users can bring their existing EOA address or create a new one, ensuring self-custody. Funds stay in the user’s wallet, without locking up or requiring deposits to another address, maintaining asset security and cross-app accessibility.
- Universal Address Accessibility: Unlike wallets needing app-specific setups, Arcana Wallet retains assets within one wallet, making them accessible across all apps—even those without native chain abstraction support.
- Efficient Gas Payments: Gas fees can be auto-funded in stablecoins (USDT or USDC), eliminating the need to hold native tokens on each chain. Arcana’s optimised protocol keeps gas fees up to 10X lower than traditional solutions that use smart contract accounts.
- Near-Instant Cross-Chain Transactions: Arcana Wallet’s architecture allows transactions to execute within seconds, making it one of the fastest cross-chain transaction tools available. Users can spend assets on multiple chains with one-click transactions, benefiting from improved liquidity and usability.
Expanding dApp and Chain Compatibility
At its Beta launch, Arcana Wallet supports popular dApps, including Uniswap, Aave, Polymarket, Hyperliquid, and Jumper, with compatibility for additional applications and chains on the horizon. From currently supporting Ethereum, Base, Polygon, Optimism, and Arbitrum, the protocol aims to scale support to +20 EVM and non-EVM L1s, L2s, and appchains. Allowing users to manage funds from any of the integrated networks, it will mark a significant step toward a unified blockchain ecosystem.
Arcana’s Chain Abstraction SDK
To cater the developer community, Arcana Network is also launching the Chain Abstraction SDK, enabling developers to implement Arcana’s Chain Abstraction features in their own dApps. The SDK is intended to provide a versatile toolkit for developers to build chainless user experiences and simplify blockchain interactions for end users, helping to grow Arcana’s vision of a unified Web3 UX.
Joining the Arcana Community
As the Arcana Wallet Beta moves through its Testnet phase, feedback from users and partners will help shape the next generation of blockchain interactions.
Users can download Arcana Wallet from the Chrome Store and experience the power of Chain Abstraction: Arcana Wallet Chrome Store
About Arcana Network
Arcana Network is a leading Chain Abstraction Protocol, powered by an Appchain, with the mission to transform the Web3 UX.
Since its inception in 2021, Arcana Network has introduced products that make web3 effortless, with more than 4 million wallets generated, 500,000 active users, and 6 million transactions to date. The upcoming Chain Abstraction Protocol built on a Cosmos Appchain and powered by $XAR, is the next evolution in simplifying Web3.
$XAR is the utility token that captures protocol fees, secures the network, incentivises early adopters, and rewards resource providers.
Arcana Network’s innovative technology is backed by prominent investors, including Balaji S., Polygon founders, John Lilic, Santiago Roel, and investment funds such as Woodstock, Fenbushi, Republic, Polygon Ventures, DCG, LD Capital and others.
Technologies
Hankyung.com introduces: Dain Leaders Launches ‘CEREAL PLANET,’ an AI-Based Campus Life-Logging Metaverse
Dain Leaders, an AI-Based EduTech Company, Launches Campus Life-Logging Metaverse ‘CEREAL PLANET’.
‘CEREAL PLANET’ is a campus life-logging platform designed for university students to record not only their school activities but also student communities, daily life, and information about nearby restaurants. Users can earn rewards based on their activity.
In collaboration with universities, Dain Leaders has implemented a 3D virtual space within CEREAL PLANET.
This space includes:
- A conference hall for various seminars and lectures,
- An admissions center and counseling rooms for university promotion and admissions guidance,
- An international center for foreign students,
- A career guidance center where educational institutions and companies can self-promote,
- A plaza brand shop where users can purchase avatar and My Room theme items.
University students and prospective applicants, who are the primary users, can receive customized university-related information and participate in communities covering a range of topics such as education, admissions, daily life, and popular restaurants around campus. In addition to interactions between universities and students, users can exchange information through community forums, form clubs to engage in shared activities, and share content related to admissions, academic assignments, exams, and personal statement writing.
The platform also features an international center dedicated to foreign students aspiring to enter Korean universities, offering Korean language learning content and study abroad counseling services. Through this, international students can access immersive information about Korean universities and gain valuable insights virtually.
In CEREAL PLANET, user activities are recorded on the blockchain, and users receive SBTs (Soulbound Tokens)—non-transferable tokens that verify identity—as certifications for their activities. With SBTs, users can document their activities, build a long-term record, and ultimately enhance their career profiles.
Additionally, universities, local businesses, educational institutions, and companies can create quests for specific purposes. When university students complete these quests, they earn points or CEREAL tokens (CEP) as rewards.
CEREAL is a rebranded project of DoDream, a blockchain-based platform for matching international students to Korean universities, originally launched by Dain Leaders in 2019. Dain Leaders has rebranded DoDream’s reward system, DRM, as CEP, and expanded the service into a metaverse-based platform.
While DoDream focused on managing international student data on the blockchain, CEREAL aims to foster a positive cycle through participant-driven quests (missions) and rewards.
Going forward, CEREAL PLANET will continue building a new metaverse ecosystem that connects universities, educational institutions, and students within a campus-based framework. Over the medium and long term, it envisions developing a blockchain- and NFT-based metaverse, ultimately creating a new platform connected to the real economy.
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