Boundless mainnet launches with vision of internet scale for blockchains

Boundless has launched its mainnet for verifiable computing, supported by ZK Coin incentives and backed by notable organizations like the Ethereum Foundation and Base.

Editor’s Note: This launch is significant as it enhances the capabilities of verifiable computing, which can lead to more secure and efficient blockchain applications. The backing from established entities like the Ethereum Foundation adds credibility and potential for wider adoption.

Boundless has successfully launched its mainnet on Base, introducing universal zero-knowledge compute capabilities. This advancement is set to enhance privacy and efficiency in blockchain applications.

Editor’s Note: This launch is significant as it represents a major step forward in blockchain technology, allowing for more secure and efficient transactions. The introduction of zero-knowledge compute could revolutionize how data privacy is handled in decentralized applications.

The article emphasizes that computing is as essential as literacy and healthcare, advocating for its decentralization to foster creativity and progress.

Editor’s Note: Understanding computing as a fundamental resource can drive innovation and societal advancement. By decentralizing access to computing, we can empower more individuals and communities to contribute to creativity and scientific progress.

A crypto analyst suggests that Bitcoin's price may not be the best indicator of its market cycle. He proposes a stronger factor for understanding the cycle.

Editor’s Note: This discussion is important as it challenges the traditional view of using Bitcoin's price as a benchmark. Understanding the market cycle better could help investors make more informed decisions.

Ethereum has seen significant institutional interest, with $638 million in net inflows into spot ETFs recently. This marks a continued trend of growth, pushing total ETF inflows above $13.3 billion.

Editor’s Note: This is important as it indicates a strong demand for Ethereum among institutional investors, which could lead to further price increases and market stability. The ongoing inflows suggest confidence in Ethereum's future.

Haseeb Qureshi from Dragonfly has proposed a new reputation system to improve token distribution through airdrops. This plan aims to reduce the impact of airdrop farmers who sell tokens immediately after launch, addressing concerns raised by Aztec's CMO.

Editor’s Note: This proposal is significant as it seeks to enhance the integrity of token distributions, potentially leading to more sustainable market practices. By filtering out those who exploit airdrops, it could foster a healthier ecosystem for both projects and investors.

The Fellowship PAC has raised over $100 million to support pro-crypto candidates and the White House's digital asset strategy.

Editor’s Note: This significant funding indicates strong backing for cryptocurrency initiatives in politics, which could influence future regulations and policies in the digital asset space.

The US SEC and Gemini Trust have reached a settlement regarding a lawsuit over an unregistered crypto lending program, resolving allegations of operating without proper registration.

Editor’s Note: This settlement is significant as it highlights the ongoing regulatory scrutiny in the cryptocurrency space and may set a precedent for how similar cases are handled in the future.

SEC Chair Paul Atkins emphasizes the importance of addressing clear fraud cases rather than focusing solely on technical breaches. This approach aims to enhance investor protection and maintain market integrity.

Editor’s Note: This matters because prioritizing clear fraud cases can lead to stronger enforcement actions, ultimately fostering a safer investment environment. It reflects a shift in regulatory focus that could benefit both investors and the overall market.