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Zero-knowledge proof startup NEBRA launches aggregation tool on World Chain
Zero-knowledge proof startup NEBRA launches aggregation tool on World Chain

Quick Take NEBRA is launching its universal proof aggregator tool on digital identity giant World Chain. The integration will slash costs for running computationally heavy proofs on World Chain, which uses ZK tech for its identity solution.

The Block·2024/10/30 16:00
Flash
  • 22:28
    Peter Schiff Claims to "Understand Bitcoin" but Not Stablecoins Pegged to the US Dollar, Plans to Launch Gold-Backed Token
    Peter Schiff, a well-known gold advocate and long-time critic of cryptocurrencies and Bitcoin, has stated that he "understands Bitcoin" but does not see the value in stablecoins pegged to the US dollar. He argues that if third-party custody is required, it would make more sense to choose tokens backed by gold rather than those supported by "flawed fiat currencies like the US dollar." On Friday, Schiff posted on the X platform that he plans to launch his own gold-backed token, though he did not provide a specific timeline or further details. Currently, the market size of stablecoins backed by the US dollar has surpassed $260 billion and remains dominant, while the market for gold-backed tokens is relatively small, at around $2 billion. Schiff's comments come as the US Senate has passed the "GENIUS Act," aimed at regulating the rapidly growing stablecoin industry. Although gold tokens are still a niche market, they are mainly used as on-chain stores of value and are striving to play a greater role in decentralized finance (DeFi) applications, such as serving as collateral for loans.
  • 22:25
    Trump: Hard to Ask Israel to Halt Airstrikes, May Support Ceasefire
    According to Jinse Finance, citing CCTV News, on the 20th local time, U.S. President Trump stated that it would be difficult to ask Israel to halt its airstrikes, and he might support a ceasefire. When asked whether he would request Israel to stop its attacks as he did with Iran, Trump said, "It's very hard to make that request right now." When asked if he would support a ceasefire, Trump replied, "I might, depending on the situation." Regarding whether he had decided to strike Iran, Trump said, "I'm giving them some time, I think at most two weeks." He added that the purpose of this move is "to see if people will come to their senses." Trump said the U.S. has been in dialogue with Iran. He stated, "Iran doesn't want to talk to Europe; they want to talk to us. Europe can't help with this matter." Trump also said that the statement by U.S. Director of National Intelligence Avril Haines that "there is no evidence Iran is building nuclear weapons" is incorrect. Trump believes Iran is only weeks or months away from possessing nuclear weapons.
  • 22:24
    Trump Calls on Powell to Cut Interest Rates Again
    Trump once again calls on Powell to cut interest rates.
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