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Ripple CTO Unveils Behind-the-Scenes of New XRP Project
GameFi Guides

Ripple CTO Unveils Behind-the-Scenes of New XRP Project

by admin August 18, 2025


David Schwartz, Ripple’s longtime chief technology officer, has been running a new experiment on the XRP Ledger, and over the weekend he decided to show what has been going on under the hood. 

This time the focus was far more practical: a hub server he has been running that could soon become part of XRPL’s production infrastructure.

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The update came with several charts — bandwidth, latency, peer counts, even disconnection rates — all pointing to a network holding good over a full day of monitoring. There was a single bump in latency, something Schwartz noted only affected a few weaker links, and a small data dropout that he dismissed as a monitoring glitch.

Here’s the past 24 hours. All good. There is one spike in latency that only affected a few links that were already poor. The tiny drop in network b/w appears to be a monitoring dropout and doesn’t show on the switch port’s monitoring. I think we’re nearly production ready. pic.twitter.com/1GNCqF8EBc

— David ‘JoelKatz’ Schwartz (@JoelKatz) August 17, 2025

Everything else looked clean enough for him to suggest that the system is “nearly production ready,” words that carry some weight given XRPL’s history of uptime and stability.

What is it for?

For Schwartz, the server is designed to help important XRP Ledger nodes stay more reliably connected, making the network less prone to sudden drops or sync issues. Yes, it had been some time since he last handled live infrastructure, but the work was both fun and useful, he says.

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For a blockchain that has been running since 2012, reliability may not sound like the most exciting breakthrough, but it matters. The closer the ledger gets to enterprise and payments use cases, the more every connection counts, and adding a layer that quietly strengthens the backbone could end up being more important than headline-grabbing features. 

Schwartz’s update does not announce a launch date, but the takeaway is simple: the groundwork for XRPL’s next phase is already being tested.





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August 18, 2025 0 comments
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Faraday Future Unveils $10B Crypto-Ai Strategy For Ev Growth
Crypto Trends

Faraday Future Unveils $10B Crypto-AI Strategy for EV Growth

by admin August 18, 2025



California-based electric vehicle (EV) startup Faraday Future officially launched a $10 billion strategy that brings together its Embodied AI (EAI) platform and the crypto economy. It announced the launch of the “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy on August 17 at an event in Pebble Beach.

Faraday Future is connecting its smart EV operations with a Web3-powered financial system to build a two-way, self-sustaining loop that leverages the long-term value of AI-driven EVs and the high-velocity potential of digital assets. 

A Real-Time Crypto Index and A Treasury to Back It 

In a press release, the firm revealed its plan to launch a “Crypto 10” treasury product, by investing up between $500 million and $1 billion in digital assets, and explore tokenized vehicle sales. It’s starting with an initial $30 million crypto investment, but has a vision to scale up to $10 billion.

“The next decade could be a super long bull cycle for the crypto market,” said Ian Calderon, Faraday’s Co-Creation Officer and founding board member of the California Blockchain Working Group.

Moreover, the company is also launching a C10 Index, a market-cap-weighted crypto basket tracking the top 10 non-stablecoin digital assets, intending to develop a full-fledged exchange-traded fund (ETF). The company also has plans to launch the “EAI Vehicle Chain,” a blockchain-based platform for tokenized vehicle sales and crypto-backed deposits. 

According to the company, the strategy could generate staking yields and other crypto-native returns to help fund vehicle development, share buybacks, and general corporate growth. It’s a financial experiment as much as a technological one.

California State Treasurer Fiona Ma also offered public support, calling the plan a bold and forward-thinking move that could create high-quality jobs, attract global capital, and advance sustainable economic development.

Also Read: Metaplanet Buys 775 Bitcoin, Total Holdings Reach 18,888 BTC



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August 18, 2025 0 comments
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'New ADA?' Cardano Creator Unveils Crucial Tokenomics Whitepaper
NFT Gaming

‘New ADA?’ Cardano Creator Unveils Crucial Tokenomics Whitepaper

by admin June 23, 2025


Charles Hoskinson has officially unveiled the highly anticipated Midnight tokenomics framework. The whitepaper explains how NIGHT, a utility token that is supposed to boost value and governance, and DUST, a new type of shielded resource that powers transactions, work financially.

The NIGHT token has a fixed supply of 24 billion, minted on Cardano and divided between Cardano and the new Midnight network, using a cross-chain mechanism to stop double-counting or exploitation.

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NIGHT’s main job is to generate DUST, which acts like energy rather than currency. Unlike standard gas fees, DUST is generated by holding NIGHT, meaning users do not spend the token itself to use the network. The more NIGHT you hold, the more DUST you generate, making it easy to predict how it will perform even if the market becomes volatile.

The distribution starts with the “Glacier Drop” — a free token drop to eligible users across Cardano, Bitcoin, Ethereum, Solana and other chains. Then there is the “Scavenger Mine,” which gives out unclaimed tokens to those who contribute computing power.

And finally, there is a long-tail “Lost-and-Found” phase to catch anyone who missed their initial window. All NIGHT claimed during the first two phases will unlock gradually over 360 days after mainnet launch, with a 90-day grace period to redeem.

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When it comes to block rewards, Midnight will be using a decelerating issuance model that is controlled by an on-chain reserve pool. Thus, early block producers will not earn rewards, but eventually, Cardano SPOs can join in and earn NIGHT through a mix of fixed subsidies and usage-based incentives.

This whitepaper is not just about introducing a token, it is about launching a whole parallel economic system. How it affects the original Cardano (ADA) is an open question.



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June 23, 2025 0 comments
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Decrypt logo
GameFi Guides

Pompliano Bitcoin Treasury ProCap Unveils $1 Billion SPAC Merger

by admin June 23, 2025



In brief

  • Anthony Pompliano’s ProCap plans to leverage its Bitcoin holdings to “implement risk-mitigated solutions to generate revenue and profits.”
  • The firm says it will hold $1 billion in Bitcoin once a proposed merger is completed.
  • Bitcoin treasury firms are a hot trend, but analysts have raised concerns about the dynamic’s sustainability and the ultimate market impact.

Social media personality and crypto investor Anthony Pompliano unveiled a $1 billion merger on Monday to create ProCap Financial, a Bitcoin-native financial services firm that will soon join a growing list of companies stockpiling the asset on the Nasdaq.

Pompliano, who began promoting ProCap in April, said on X, formerly Twitter, that he had recently raised $750 million from “leading institutional investors on Wall Street” for the blank-check firm, alongside heavy hitters in the cryptosphere.

“It’s time to get to work,” Pompliano said, noting that ProCap will develop “products and services to produce revenue and profit from the bitcoin on our balance sheet over time.”

ProCap will merge with Columbus Circle Capital, which trades on the Nasdaq under the ticker name CCCM, ProCap said in a press release. Entities in the proposed transaction raised $516 million in equity and $235 million through convertible notes, the firm added.



Pompliano’s announcement comes amid a sharp uptick in firms adding Bitcoin to their balance sheets, including Trump Media’s $2.5 billion raise to buy Bitcoin last month, and GameStop’s recent adoption of Bitcoin as a treasury reserve asset. Although many firms are simply buying Bitcoin and holding it, Pompliano underscored in a statement that capital will be put to work.

 

“Our objective is to develop a platform that will not only acquire bitcoin for our balance sheet, but will also implement risk-mitigated solutions to generate revenue and profits from our bitcoin holdings,” he said.

Bitcoin-buying firms like Strategy, formerly MicroStrategy, have been able to transform themselves over time. In a recent note from Coinbase, however, analysts warned that the trend may not be sustainable and could one day yield “systematic risks” for the entire crypto sector. 

The logic goes that a sharp drawdown in Bitcoin’s price could force these firms, which often turn to debt to fund purchases, could be forced to sell the asset en masse.

Worldwide, 134 public companies have purchased 835,000 Bitcoin worth $85 billion, according to Bitcoin, according to Bitcoin Treasuries. Bitcoin was changing hands around $102,000 on Monday, a 2.2% increase over the past day, according to crypto data provider CoinGecko.

Edited by James Rubin

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



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June 23, 2025 0 comments
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KindlyMD shareholders approve Bitcoin pivot via Nakamoto Holdings merger
GameFi Guides

Pompliano unveils ProCap Financial, eyes $1b BTC play via SPAC

by admin June 23, 2025



Crypto media personality Anthony Pompliano announced the launch of his own BTC-focused company on Nasdaq.

Michael Saylor’s Strategy may soon be getting a big competitor. On Monday, June 23, crypto podcaster and X influencer Anthony Pompliano announced the creation of ProCap Financial. The company will focus on accumulating Bitcoin (BTC) as a treasury asset, giving ordinary investors exposure to it.

Today I am announcing a $1 BILLION merger to create ProCap Financial, a bitcoin-native financial services.

The company will be a publicly traded entity on Nasdaq at the conclusion of the proposed business combination between my private company ProCap BTC, LLC and Columbus Circle…

— Anthony Pompliano 🌪 (@APompliano) June 23, 2025

The company will launch through a $1 billion SPAC merger between his private firm, ProCap BTC, and the publicly traded Columbus Circle Capital Corp. So far, his company has raised $750 million in capital for its Bitcoin treasury bid.

Pompliano also confirmed that ProCap Financial will list on Nasdaq as $CCCM. Out of the $750 million raised, the firm will use $516.5 million to acquire Bitcoin reserves within 15 days of signing, in order to mitigate market risk.

Pompliano’s company to leverage the Bitcoin network

This news comes after reports earlier in July suggested that Pompliano was planning a billion dollar move. In addition to acquiring Bitcoin, ProCap Financial will also develop products that leverage Bitcoin’s network to generate profits over time.

“ProCap Financial will focus on acquiring bitcoin for its balance sheet, while also developing products and services to produce revenue and profit from the bitcoin on our balance sheet over time,” Anthony Pompliano.

In recent months, there has been a growing trend of companies adopting Bitcoin treasuries. The catalyst for the shift was the election of a pro-crypto administration in the White House. Notable examples include GameStop, 21 Capital, and Nakamoto. Collectively, 216 companies currently own nearly 31% of BTC’s supply, accounting for 765,300 bitcoins.

By far the biggest holder among them is Strategy, founded by Bitcoin maximalist Michael Saylor. His firm owns 592,345 bitcoins, worth more than $60 billion. In an X reply to the announcement, Saylor congratulated Pompliano on the move.





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June 23, 2025 0 comments
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Coinbase Unveils New Listing for Ethereum-Based Crypto Assets: Details
Crypto Trends

Coinbase Unveils New Listing for Ethereum-Based Crypto Assets: Details

by admin June 18, 2025


Major crypto exchange Coinbase has expanded the roster of Ethereum-based crypto assets on its platform, announcing a new listing.

In a recent tweet, Coinbase announced the listing of Spark (SPK) — an Ethereum-based crypto asset — on its platform. The newly listed token is currently available on Coinbase as well as the Coinbase iOS and Android mobile apps, with the “Experimental” label.

In similar news, Coinbase stated it will add support for new assets, including Spark perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of the SPK-PERP markets will begin on or after 9:30 a.m. UTC on June 19, 2025.

This month, Coinbase has added support for tokens based on the Ethereum network (ERC-20 tokens), including PancakeSwap (CAKE), Lagrange (LA) and Ethena (ENA).

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Ethena (ENA) is available on Coinbase, in the Coinbase iOS and Android apps, allowing users to buy, sell, convert, send, receive or store the crypto asset.

In other announcements, Coinbase will add support for Resolv perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our RESOLV-PERP market will begin on or after 9:30 a.m. UTC on June 19.

Coinbase reveals plan for blockchain-based stocks

According to Reuters, Coinbase is seeking approval from the U.S. Securities and Exchange Commission (SEC) to offer “tokenized equities” to its users. Tokenizing equities is the process of converting a company’s shares into a digital token, similar to how cryptocurrencies are traded. Rather than holding the securities directly, investors hold tokens that reflect ownership of them.

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The concept is a “huge priority,” said Paul Grewal, Coinbase’s chief legal officer, as tokenized equities are currently not available for trading in the United States.

If granted, the move will enable Coinbase to essentially offer stock trading via blockchain technology, putting it in direct rivalry with retail brokerages such as Robinhood and Charles Schwab, as well as opening up a new business segment for Coinbase.



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June 18, 2025 0 comments
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Andre Revilla
Product Reviews

Nissan unveils the third-generation Leaf EV

by admin June 17, 2025


Nissan has unveiled its third-generation Leaf EV with a completely new design. The 2026 model sheds the last vestiges of its original compact car body and leans fully into crossover SUV territory. The new look offers some design features that are commonly seen in the all-electric vehicle marketplace, allowing it to compete against other models in its class. These include available dual 14.3-inch displays, flush door handles for better aerodynamics, and liquid-cooled lithium-ion batteries.

The new Leaf is also the latest EV to adopt the NACS charging port after Tesla made it open-source in 2022. Since then, just about every major automaker from Ford to Mercedes has adopted the standard, with these brands getting access to Tesla’s Supercharger network on a rolling basis. For added convenience, a J1772 port, the most common standard for Level 2 chargers, is included on the driver’s-side fender. The Leaf’s video announcement highlights bi-directional V2X technology that allows drivers to power their homes, send power to the grid, or provide power when camping, though details are sparse.

In the same video, Nissan’s head of global design, Alfonso Albaisa, explains the lengths the company went to in making the car as aerodynamic as possible in order to achieve the car’s stated 300-mile range. The rear door handles, for instance, are built into the C-pillar, which could make for an awkward angle when trying to open the door with your hands full. The body of the Leaf has a chunky, SUV-like stance, with a wide front reminiscent of the Volkswagen ID.4. In the end, all these design choices helped the new Leaf reduce its drag coefficient by 10 percent from the previous generation.

Nissan

Nissan is also bringing the new Leaf’s battery thermal management to par with other major EV brands, which will improve charging performance in cold weather. The car will capture wasted heat from the drive motor and the on-board charger, and use it to help warm the battery to its ideal temperature for charging. In frigid conditions it can also use the car’s heat pump, and a dedicated battery heater to further maintain battery temperatures.

Design easter eggs throughout the car pay homage to the brand’s name by incorporating “2-3” iconography in the form of stripes, which are meant to represent the kanji writing of two and three in Japanese, pronounced “ni” and “san.”

The new Leaf is built on a 75-kWh, liquid-cooled battery pack and packs a 214-horsepower electric motor. It will be offered in a wide variety of color options along with a slew of optional features like 19-inch wheels, dimming panoramic roof and 64-color ambient lighting. Built-in Google integrating Google Maps, Google Assistant and the Play Store into the Leaf is also an available option. Wireless Apple CarPlay and Android Auto will be standard on the Leaf S and S+. Nissan says a cheaper 52-kWh version with a 174-horsepower motor will become available at a later date.

This major redesign comes amid a turbulent last year for Nissan, culminating in its CEO stepping down after a failed merger with Honda. The automaker had previously gone through a downsizing last year as part of its mission to cut billions of dollars in costs.

The 2026 Nissan Leaf will hit showrooms this fall, though pricing has yet to be announced.



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June 17, 2025 0 comments
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Binance CEO Unveils Three To-Do List Items in Crypto Space: Details
Crypto Trends

Binance CEO Unveils Three To-Do List Items in Crypto Space: Details

by admin June 17, 2025


Richard Teng, Binance CEO, has offered a concise guide to investors in the crypto space that could help them succeed in their investments. He shared the insights on the social media platform X with users in the community.

Reasons Teng’s rules matter on crypto market

According to the update, traders and investors must follow three key steps to success. The first is to “set the rules.” This implies establishing clear principles or guidelines for any asset one intends to engage in the crypto space.

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Teng suggested that every trader must have a personal investment rule that includes how much risk to take, when to close a trade for profit-taking regardless of market performance and when to cut their losses.

Deciding ahead of time before engaging could provide clarity of thought and ensure decisions are not reached based on emotions. Many investors have suffered huge losses due to sentimental trading and not following the rules.

Things to do in crypto space:

1️⃣ Set the rules
2️⃣ Refine the strategy
3️⃣ Keep emotions out of decision-making

— Richard Teng (@_RichardTeng) June 17, 2025

The Binance CEO also highlighted that investors need to refine their strategy. In crypto, things move fast, and the market continually evolves. It is critical for investors to continuously monitor market trends and adjust accordingly to avoid a knowledge gap that could lead to losses.

For instance, a crypto exchange such as Binance could decide to delist a trading pair. Usually, this comes with a prior notice and time frame for market participants to convert their assets. However, such assets could be lost forever for an investor who is not current with this information.

Voice of reason in shifting market

Finally, Teng urged all crypto market participants to “keep emotions out of decision-making.” Notably, reacting impulsively in the industry is dangerous to investment. 

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He warned traders to avoid panic buying or buying assets due to fear of missing out (FOMO), which could lead to losses.

Although there are no clear reasons behind Teng sharing the three-step success mindset tips, the Binance CEO generally provides warnings, guides and tips in the crypto industry. The current volatility in the crypto space might also be a factor.

As of press time, the general crypto market has declined by 1.24%, likely due to regional conflict in the Middle East.





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June 17, 2025 0 comments
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Bybit Unveils Solana-Powered DEX Byreal with CEX-Grade Speed, Mainnet Coming Q3
Crypto Trends

Bybit Unveils Solana-Powered DEX Byreal with CEX-Grade Speed, Mainnet Coming Q3

by admin June 17, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto exchange Bybit has announced the development of its first decentralized exchange, Byreal, built on the Solana blockchain. The platform is expected to enter testnet on June 30, with a mainnet launch planned for the third quarter of 2025.

This marks a significant step for Bybit as it expands into decentralized finance (DeFi) infrastructure, aligning with broader market trends favoring transparency and decentralization.

Hybrid Trading Model and New Features

Bybit CEO Ben Zhou shared the update via social media, describing the new platform as a “hybrid model” that combines centralized exchange liquidity with “decentralized transparency.”

The announcement comes at a time when decentralized exchanges (DEXs) are steadily increasing their share of global spot trading volume, indicating a shift in user preference towards non-custodial solutions.

According to Zhou, Byreal incorporates features such as Request For Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) routing.

These mechanisms are designed to provide users with reduced slippage and more transparent trade execution, often associated with higher-frequency trading strategies on centralized platforms.

Bybit believes that such a setup allows for a more balanced and efficient market-making process within a decentralized framework. In addition to standard trading functions, Byreal will also support unique DeFi offerings, including a curated token launchpad and yield-generating vaults.

The platform plans to offer access to assets such as bbSOL, a liquid staking derivative on Solana. This broader suite of services positions Byreal to compete not just with DEXs like Raydium or Orca but also with token launch and yield platforms built on Ethereum and BNB Chain.

Lily Liu, president of the Solana Foundation, commented on the collaboration, emphasizing the potential for synergy between centralized and decentralized exchanges.

She stated that the combination of liquidity from centralized exchanges and the global accessibility of DEXs contributes to the broader vision of an open financial market on the internet.

Cex / Dex can work in harmony, and amplify one another.

The asset diversity and global availability of a dex, plus the liquidity of a cex.

Building internet capital markets means having asset and product venue diversity, all on the shared rails.

We are excited to collaborate!… https://t.co/1Q75QWxsdw

— Lily Liu (@calilyliu) June 15, 2025

Rising DEX Market Share and Solana’s Role

Bybit’s move comes during a noticeable uptick in DEX activity. In May 2025, DEXs accounted for over 20% of the global spot trading volume, according to data from DefiLlama. PancakeSwap currently leads the market with $132 billion in monthly volume, and the total trading volume across DEXs stands at $405.88 billion.

Decentralized Exchange monthly volume. | Source: DeFillama

The growing popularity of these platforms signals increasing confidence in decentralized protocols for executing trades without intermediaries.

The Solana network has played a significant role in this trend. As of June, Solana-based DEXs hold roughly $77.43 billion in monthly volume, with majority concentrated on Raydium.

SOL price is moving upwards on the 2-hour chart. Source: SOL/USDT on TradingView.com

Featured image created with DALL-E, Chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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June 17, 2025 0 comments
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Ironheart Trailer Unveils New J.A.R.V.I.S And Magical Suit
Game Updates

Ironheart Trailer Unveils New J.A.R.V.I.S And Magical Suit

by admin June 10, 2025



Image: Disney

Marvel’s upcoming miniseries Ironheart may only have six episodes, but its latest trailer proves it’s going to pack in all of the magic and machinery it can. In a newly released trailer, we not only get to see Riri Williams’ latest suit, but we also see her unique take on an Iron Man favorite.

Black Ops 7, Invincible Vs & More — Here Are The 5 Games That Stole Microsoft’s Show

The show’s first trailer laid out almost everything we needed to know about the upcoming season. We saw Williams (Dominique Thorne) proving her genius to Parker “The Hood” Robbins (Anthony Ramos) in a life-threatening test, we heard her coyly describe her time in Wakanda during Black Panther: Wakanda Forever as “an internship abroad,” and we also got a look at some of the cool suits she’ll be piloting. This new trailer is shorter but reveals two major additions: a magic-infused suit and her own spin on Tony Stark’s J.A.R.V.I.S.

After hearing Williams say she needs to think outside the box, we see a crimson-colored explosion of the same magical sigils we’ve seen sorcerers like Dr. Strange (Benedict Cumberbatch) and Wanda Maximoff (Elizabeth Olsen) wield. We later get a glimpse of someone actually drawing those symbols and of Williams inside a suit that gets ensconced in those sigils. We don’t know yet who introduces her to this magic, but I’m praying to the MCU gods that somehow Wanda makes a surprise return to give our new iron-clad hero a lesson in multiversal magic.

Another cool part of the trailer is Williams building her own version of J.A.R.V.I.S. in the likeness of her best friend, played by This Is Us actress Lyric Ross. Since Ross’s character is memorialized in a mural with Williams’s late father, it’s safe to assume she’s dead and that this is Williams’s way of keeping her memory alive, whether she did so consciously or subconsciously. In the comics, Ross’s character is named Natalie, and her AI counterpart is dubbed N.A.T.A.L.I.E. This, and the profound quote from Williams’s father about taking something apart to really know what it’s made of, provides Ironheart the emotional core that gives its fantastical action human stakes.

Ironheart will have a three-episode world premiere on June 24 at 6 p.m. PT / 9 p.m. ET on Disney+.



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June 10, 2025 0 comments
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