🎮 Web3 Gaming and Tech

• Trump announced his next play: a Monopoly-like crypto game

  • The game is set to launch at the end of this month. Will this be another grift, or a proper attempt at crypto?

• Ronin introduces a new wallet web app

  • The app tells you at a glance what’s happening in the Ronin Ecosystem

• G7 announces structural changes are coming on April 22nd

  • Changes will be made to staking, the reward system, the reputation system, and more

• Sugartown releases more info on the new Abstract Core Collection

  • The “Progressive NFTs” will release more rewards over time

• Trifle announced it raised $1.5M in a pre-seed round to blur finance and play

• Wolf Game 2.0 is halted and removes the WOOL token on SOL

• Cambria, the “risk to earn MMO”, surpassed a $1M player-funded prize pool

• Another Ponzi launched this week, Dungeons of Fortune

  • It’s another idle-based game, but on Base this time

  • The COINS token was launched at a $2.4M market cap and is now trading at a ~2x

• OpenSea introduced minting through cross-native currencies:

  • "Mint any NFT on OpenSea using native currency from another OS-supported chain, now live in OS2."

• Futureverse acquired Candy Digital to boost its metaverse strategy

• CyberKongz shares that the SEC dropped its case against them

  • “As for CyberKongz, the shackles are lifted. We have been preparing for this day for a long time. A full rebrand and new direction for CyberKongz will be announced soon.”

• As part of Binance’s “Vote to List” campaign, BIGTIME’s token got listed

🚀 Nexus V1 Launch

Welcome to edition #75 of the Nexus Power Up Newsletter. Uncertainty continues to create a choppy market, yet it feels good to be above the $80K BTC levels.

You can now download the Nexus app on the App Store and the Play Store.

Try the free features (game database, crypto market overview, and token and NFT charts) of the platform without having to log in 👇

You can also get access through:

• Getting a Nexus Pass NFT now for exclusive lifetime access

Don't miss out—follow our journey on Hustle's Twitter, YouTube channels, and Nexus Twitter.

📈Macro Cryptocurrency News

• Federal Reserve Chair Jerome Powell spoke in Chicago this week and said the central bank will delay interest rate changes until clearer economic signals emerge.

  • He anticipated that President Trump’s tariffs could raise inflation and slow growth, challenging the Fed’s dual mandate of price stability and maximum employment.

• Securitize, a leading tokenized asset issuer, announced that it acquired MG Stover’s fund administration business, positioning its subsidiary, Securitize Fund Services, as the largest digital asset fund administrator. Securitize is a name to follow in the RWA space. 

• Visa is joining the Global Dollar Network (USDG), a Paxos-led stablecoin consortium, alongside crypto and fintech firms like Robinhood, Kraken, Galaxy Digital, Anchorage Digital, Bullish, and Nuvei.

  • It is the first traditional finance company known to participate in USDG.

• The Trump administration banned Nvidia’s H20 chip sales to China, requiring an indefinite export license due to fears of its use in Chinese supercomputers.

  • Designed to comply with prior U.S. rules, the chip’s restriction will cost Nvidia billions, with $5.5 billion in writedowns this quarter for inventory and commitments.

• OpenAI is developing an X-like social network. An early prototype features a social feed tied to ChatGPT’s image generation, though it’s unclear if it will be a standalone app or integrated into ChatGPT.

• Tether, the leading digital asset company, has invested in Fizen Limited, a fintech firm focused on self-custody crypto wallets and digital payments, to bolster financial accessibility and security in the crypto ecosystem.

• The Trump administration is exploring innovative ways to acquire more Bitcoin, including using tariff revenue and revalued gold reserves.

  • Revaluing gold reserves could generate substantial funds to purchase Bitcoin for national reserves without incurring additional debt.

• Canada’s TD Bank announced that the Ontario Securities Commission has approved the world’s first spot Solana ETFs from Purpose, Evolve, CI, and 3iQ, as shared by Bloomberg’s Eric Balchunas on X. These ETFs launched on Wednesday. 

• The SEC has delayed its decision on allowing Ether staking for Grayscale’s Ethereum Trust ETF and Ethereum Mini Trust ETF until June 1, 2025, with a final deadline by October 2025.

  • The NYSE filed a rule change proposal on February 14, 2025, to enable staking for investors in these Grayscale Ether ETFs.

• Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and ETFs, with a phased nationwide rollout planned.

  • Clients can manage stocks, crypto, cash, and stablecoins seamlessly on Kraken’s mobile app, Kraken Pro app, or Kraken Pro web platform.

🌟Token Spotlight by Hustle

• Coin of the Week: $RAY

• Market Cap: ~$1.2B

• What is Raydium? Raydium is one of the largest DEXes and recently introduced “Launchlab”, its Pump.fun competitor. While it’s reasonable not to expect them to take over the largest token launchpad platform, it brings new utility and volume to the RAY token. Even if it takes just a small share of the launchpad pie, it would lead to a meaningful outcome and more demand for RAY.

• Delve into Hustle's market wisdom with his “Daily Watchlist” and deep-dive analysis available on the TTOO Discord server and through his “In the Game" show. 

Nexus Tweets

See you next week!