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Crunch Lab Builds out AI Intelligence Layer With Fresh $5M Capital


Crunch Lab, the core contributor to the decentralized artificial intelligence (AI) collective CrunchDAO, has raised $5 million in a strategic funding round, the company shared with Bitcoin.com News. The investment brings its total funding to over $10 million. Crunch Lab Hits $10M Total Funding...

Lighter Launches Ethereum Layer 2 Mainnet


Lighter, a decentralized perpetuals exchange, has launched its Ethereum Layer 2 public mainnet after eight months of beta testing. The protocol introduces verifiable ZK-based trading and kicks off the second season of its points program, running through 2025. Hyperliquid Rival Lighter Goes Live...

Report: SWIFT Flirts With Ethereum’s Linea in Bold Onchain Experiment


SWIFT, the grand old gatekeeper of global bank messages, is reportedly testing its approach onchain—dabbling with Ethereum layer two (L2) Linea to see if its buttoned-up messaging system can handle life in crypto’s fast lane. TradFi Meets DeFi: SWIFT Experiments With Ethereum L2 The SWIFT...

Gate Launches Layer 2 Network for Web3 Expansion


Gate has launched Gate Layer, a high-performance layer 2 network built on OP Stack, while revamping its GT token economy. The move aims to accelerate large-scale web3 adoption through lower costs, faster transactions, and expanded ecosystem tools. Gate Bets on High-Speed Layer 2 Amid Ecosystem...

Vitalik Buterin Calls Base a Model Ethereum L2


Ethereum co-founder Vitalik Buterin praised Base as a model Layer-2, combining user-friendly design with Ethereum’s decentralized security. He emphasized that Base is non-custodial and cannot block or seize user funds, countering misconceptions about L2 oversight. Vitalik Defends Base, Dispels...

Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes


Ethereum is in the midst of a paradox. Even as ether hit record highs in late August, decentralized finance (DeFi) activity on Ethereum’s layer-1 (L1) looks muted compared to its peak in late 2021. Meanwhile, layer-2 (L2) networks like Arbitrum and Base are booming, with billions in total value...

Ethereum Stakes a Claim as AI’s Settlement Layer With dAI Team


Ethereum core developer Davide Crapis unveiled the Ethereum Foundation’s new “dAI Team” on Monday, Sept. 15, positioning the network as a base for AI agents. The effort lands with clear goals and timelines. Ethereum Foundation Debuts ‘dAI Team’ to Bring AI Onchain According to the announcement,...

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