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Project Overview
Nexus Network is a massively-parallelized proof mining network. It is a world-scale instantiation of the Nexus zkVM, designed to run at a trillion CPU cycles per second, given enough computing power connected to it. The Nexus zkVM (zero-knowledge virtual machine) is a modular, extensible, open-source, highly-parallelized, prover-optimized, contributor-friendly, zkVM written in Rust, focused on performance and security.
AI Supply Chain Management Startup Freehand Announces Completion of $75 Million Funding
According to TNW, AI supply chain management startup Freehand announced the completion of a $75 million funding round, co-led by Battery Ventures and NewRoad Capital Partners, with participation from Nexus Venture Partners and PSP Growth, a fund under former U.S. Secretary of Commerce Penny Pritzker. Freehand's AI agents can autonomously handle contract interpretation, supplier rate negotiation, overcharge bill identification, payment processing, and ERP system reconciliation, with clients covering top enterprises such as Meta, Unilever, Johnson & Johnson, Pfizer, Dunkin', and Cardinal Health.
AI financial data infrastructure company Daloopa completes $47 million Series C funding round, led by Brighton Park Capital
: AI financial data infrastructure company Daloopa announced the completion of a $47 million Series C funding round, led by Brighton Park Capital, with participation from Squarepoint Capital, Touring Capital, and Nexus Venture Partners. The funds will be used to accelerate platform expansion and expand the engineering, product, and marketing teams.Daloopa provides structured and traceable financial data for financial institutions. It has currently expanded data access through MCP connectors with OpenAI ChatGPT, Anthropic Claude, Perplexity, and Rogo, and offers APIs, cloud delivery, and partner APIs, enabling third-party developers to use its high-quality financial data in their own products. (PRNewswire)
FG Nexus Liquidates ETH, Losing Over $86.6 Million
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), FG Nexus has deposited the remaining 9,481 ETH (approximately $14.89 million) into Galaxy Digital, completing the liquidation of all ETH. The institution previously purchased a total of 51,156 ETH at a cost of approximately $196 million, with final cumulative proceeds from sales totaling only approximately $109.4 million, resulting in a total loss of approximately $86.6 million.
Ethereum treasury firm FG Nexus deposited 5,000 ETH with Galaxy Digital, valued at $10.06 million.
According to on-chain analyst Onchain Lens (@OnchainLens), Ethereum treasury company FG Nexus has deposited 5,000 ETH into Galaxy Digital, valued at approximately $10.06 million. Data shows that after completing this transfer, FG Nexus still holds 16,354 ETH, valued at approximately $34.15 million.
NEX to Launch on Bitget PoolX—Stake BTC to Unlock NEX Airdrop
Bitget PoolX will soon launch the Nexus (NEX) project. Users can lock BTC to unlock 60,000,000,000 NEX tokens, with a maximum individual staking limit of 50 BTC. The staking channel will be open from May 25 at 19:00 to June 3 at 19:00 (UTC+8). Additionally, users whose net deposit is positive during the campaign period will receive a 2% BTC yield-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC yield-boosting coupon. Net deposits will be calculated from May 25 at 19:00 to June 2 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.
Coinbase to List Nexus (NEX)
According to an official announcement, Coinbase will list Nexus (NEX) spot trading. NEX deposits will only be available after the Nexus issuer enables transfer functionality.
Coinbase will list Nexus (NEX)
Coinbase has announced it will list Nexus (NEX) for spot trading. The NEX deposit function will be available once the Nexus issuer enables transfer capabilities.
Bitget will list Nexus (NEX) spot trading
Odaily Odaily, Bitget will list Nexus (NEX) spot trading. The deposit channel is now open, and the trading channel will open today at 23:00 (UTC+8).
Cisco Launches Next-Generation Data Center Architecture Nexus One, Rebuilding Network Infrastructure for AI
Cisco announced the launch of its data center network architecture, Cisco Nexus One, positioned as an open network architecture designed for AI workloads and next-generation security threats, aimed at upgrading its long-evolving ACI system.Cisco stated that Nexus One will integrate into the unified Cisco Cloud Control platform, designed to enhance architectural flexibility, openness, and scalability while maintaining backward compatibility with existing systems. However, Nexus One is not a single product but an "architectural evolution" similar to ACI, shifting the focus from early-stage innovation to standardization and cross-ecosystem interoperability, in order to meet the complex network demands of the AI/ML era.
NEX to Launch on Bitget PoolX—Stake BTC to Unlock NEX Airdrop
Bitget PoolX will soon launch the Nexus (NEX) project. Users can lock BTC to unlock 60,000,000,000 NEX tokens, with a maximum individual staking limit of 50 BTC. The staking channel will be open from May 25 at 19:00 to June 3 at 19:00 (UTC+8). Additionally, users whose net deposit is positive during the campaign period will receive a 2% BTC yield-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC yield-boosting coupon. Net deposits will be calculated from May 25 at 19:00 to June 2 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.
Coinbase to List Nexus (NEX)
According to an official announcement, Coinbase will list Nexus (NEX) spot trading. NEX deposits will only be available after the Nexus issuer enables transfer functionality.
Coinbase will list Nexus (NEX)
Coinbase has announced it will list Nexus (NEX) for spot trading. The NEX deposit function will be available once the Nexus issuer enables transfer capabilities.
Binance Alpha to List Nexus at 22:00; Users Holding at Least 210 Points Eligible for Airdrop
According to an official announcement, Binance Alpha has listed Nexus (NEX). The listing and trading will commence on May 20, 2026, at 22:00 UTC. Users holding at least 210 Binance Alpha Points are eligible to claim the token airdrop. Users can claim 20,000,250 NEX tokens via the Alpha campaign page on a first-come, first-served basis. If the campaign has not ended, the point threshold will automatically decrease by 5 points every five minutes.
Bitget will list Nexus (NEX) spot trading
Odaily Odaily, Bitget will list Nexus (NEX) spot trading. The deposit channel is now open, and the trading channel will open today at 23:00 (UTC+8).
Related news
AI Supply Chain Management Startup Freehand Announces Completion of $75 Million Funding
According to TNW, AI supply chain management startup Freehand announced the completion of a $75 million funding round, co-led by Battery Ventures and NewRoad Capital Partners, with participation from Nexus Venture Partners and PSP Growth, a fund under former U.S. Secretary of Commerce Penny Pritzker. Freehand's AI agents can autonomously handle contract interpretation, supplier rate negotiation, overcharge bill identification, payment processing, and ERP system reconciliation, with clients covering top enterprises such as Meta, Unilever, Johnson & Johnson, Pfizer, Dunkin', and Cardinal Health.
ether.fi selects Nexus Mutual to provide slashing coverage for up to 15,000 ETH
: On-chain digital asset management neobank ether.fi has selected Nexus Mutual to provide ETH slashing coverage, covering slashing penalties for its validators up to 15,000 ETH. ether.fi stated that it operates a large-scale validator set on Ethereum, and slashing is a tail risk. This coverage is used to cover validator losses, with a scale exceeding the total historical ETH slashing losses. ether.fi currently manages over $6 billion in assets across products such as Cash, Stake, and Liquid. Since 2019, Nexus Mutual has provided over $7 billion in coverage for smart contract attacks, slashing, and other digital asset risks. (Decrypt)
Cisco Launches Next-Generation Data Center Architecture Nexus One, Rebuilding Network Infrastructure for AI
Cisco announced the launch of its data center network architecture, Cisco Nexus One, positioned as an open network architecture designed for AI workloads and next-generation security threats, aimed at upgrading its long-evolving ACI system.Cisco stated that Nexus One will integrate into the unified Cisco Cloud Control platform, designed to enhance architectural flexibility, openness, and scalability while maintaining backward compatibility with existing systems. However, Nexus One is not a single product but an "architectural evolution" similar to ACI, shifting the focus from early-stage innovation to standardization and cross-ecosystem interoperability, in order to meet the complex network demands of the AI/ML era.
Loss of $86.6 Million: FG Nexus Ethereum Treasury Bets Sold 51,145 ETH
According to Lookonchain monitoring, FG Nexus purchased 50,770 ETH at an average price of $3,860 between August and September 2025, valued at $196 million; it subsequently began selling in November 2025, offloading 51,145 ETH at an average price of $2,138, valued at $109.4 million, resulting in a total loss of $86.6 million.
FG Nexus Liquidates ETH, Losing Over $86.6 Million
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), FG Nexus has deposited the remaining 9,481 ETH (approximately $14.89 million) into Galaxy Digital, completing the liquidation of all ETH. The institution previously purchased a total of 51,156 ETH at a cost of approximately $196 million, with final cumulative proceeds from sales totaling only approximately $109.4 million, resulting in a total loss of approximately $86.6 million.
FG Nexus Loses Over $86.8 Million, Sells Another 3,375 ETH
according to Onchain Lens monitoring, FG Nexus has sold another 3,375 ETH, worth $5.34 million, resulting in losses exceeding $86.8 million. FG Nexus previously purchased 50,770 ETH for $196 million and has now sold 41,675 ETH, worth $94.51 million.