🎮 Web3 Gaming and Tech

• Reaper Actual is a new crypto-based shooter that raised $30M

  • The game is coming to Tezos, and the studio Distinct Possibility is led by John Smedley, known for his contributions to H1Z1 and PlanetQuest 2

• A Pioneer Tacoma sold in Off the Grid for $3,900, the highest item sale to date

  • $156 in GUN went to the node that decoded it

• Azuki announces Studio Azuki

  • “A joint anime studio with COMISMA and Xenotoon to develop, produce, and distribute anime globally”

• Farcade rebrands to Remix, a platform where games are created and discovered like TikTok

• Blackhole DEX announces that 100% of the tokens are going to the community

  • The initial airdrop will be distributed among various communities, including Neo Tokyo, Superverse, and Impostors

• Spekter Games announced it raised $5M in a round led by A16Z Speedrun

• Fantasy Top will be migrating to Base, as it was featured on the Coinbase Wallet Beta

• Xeet announces Xeet Leagues

  • “The social layer that aligns incentives across all participants”. Assumingly, similar to Fantasy Top, but open to everyone

• Virtuals releases the Public Beta of its Agent Commerce Protocol

  • You can now hire Agents to perform (onchain) tasks for you

🚀 Nexus V1 Launch

Welcome to edition #85 of the Nexus Power Up Newsletter. We’re excited to announce that trading is now live for everyone. Check out the “Trading” tab in the navigation bar and easily place a trade.

Try the free features (trading, game database, crypto market overview, and token and NFT charts) of the platform 👇

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

• President Trump’s “Big Beautiful Bill” was narrowly passed in the Senate, and now moves on to a vote in the House of Representatives next week. 

• A regulatory body has directed Fannie Mae and Freddie Mac to include cryptocurrency holdings in their loan assessment criteria, signaling a potential shift toward recognizing digital assets in traditional lending practices.

• Rex and Osprey have launched the first U.S. cryptocurrency Exchange-Traded Fund (ETF) featuring Solana with staking capabilities, marking a significant development in the institutional adoption of crypto investments.

• Stablecoin issuer Circle, has applied for a U.S. trust bank license following a successful initial public offering, aiming to expand its regulatory and operational footprint in the financial sector.

• Robinhood has introduced staking services for Ethereum and Solana, enabling users to earn rewards on their cryptocurrency holdings, thereby enhancing its digital asset offerings.

• Robinhood integrates with Arbitrum, merging DeFi and TradFi rails to onboard millions of new users into crypto.

• Tokenized stock trading has been initiated on the Kraken and Bybit platforms, as well as within Solana’s decentralized finance (DeFi) ecosystem, facilitating the integration of traditional equities with blockchain technology.

• An Ethereum-compatible sidechain for the XRP Ledger has been activated on the mainnet, improving interoperability between the XRP and Ethereum blockchain networks.

• Shareholders of the struggling Spanish coffee chain Vanadi Coffee have approved a €1 billion Bitcoin investment plan, representing an unconventional strategy to address the company’s financial difficulties.

• Gemini has launched tokenized stocks for European Union traders, starting with an on-chain representation of MicroStrategy (MSTR) on the Arbitrum network, advancing the adoption of tokenized asset trading.

• CoreWeave has made a renewed bid to acquire Bitcoin miner Core Scientific, suggesting ongoing consolidation efforts within the cryptocurrency mining industry.

• U.S. job growth proved strong in June, with the unemployment rate unexpectedly dropping to 4.1%, indicating a steady labor market that might prompt the Federal Reserve to postpone further interest rate cuts until September.

🌟Token Spotlight by Hustle

• Coin of the Week: SUI

• Market Cap: ~$10.4B

• What is Sui? Sui is an L1 that has been experiencing steady growth in terms of its developer activity over the past two years. Recently, it also concluded its Sui Overflow Hackathon, leading to new and exciting products being built on the chain.

• 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!