Coinbase's Base network, led by creator Jesse Pollak, is "imminently" launching 1:1-backed tokenized equities, inspired by Robinhood Chain's success in an EVM environment. This move accelerates Base's strategic pivot towards financial applications, shifting from its earlier focus on social products.
Robinhood has launched its Ethereum layer-2 blockchain, Robinhood Chain, built with Arbitrum technology. The network supports tokenized real-world assets like stocks and ETFs, and integrates with DeFi applications, aiming to expand financial ownership globally.
Robinhood launched its "AI-native" Ethereum Layer-2, Robinhood Chain, enabling tokenized stocks for DeFi. Venice AI secured $65M at a $1B valuation, becoming a unicorn. Crypto majors saw significant gains, with SOL up 10%.
Ethereum layer-2 blockchain Taiko has fully restored operations and reopened its bridge after an exploit on June 21 drained up to $1.7 million in crypto assets. The project announced on Thursday that users can now move funds, having completed a four-step recovery plan including security fixes and bridge backing.
Robinhood has launched the public mainnet of Robinhood Chain, an "AI-native" Ethereum layer-2 network. The Arbitrum-powered network aims to bridge traditional finance and DeFi, starting with Stock Tokens and supporting AI agent trading. Shares rose over 8% on the news.
Base, Coinbase's Ethereum layer-2 network, experienced an outage lasting over two hours on Thursday due to a block production issue. The network is now back online and proceeding with a planned upgrade, following a partial outage affecting withdrawals last month.
Ethereum layer-2 network MegaETH will unlock its native MEGA token over time, and reward it to users, as key benchmarks are met.
The Ronin gaming network will slash RON token inflation from over 20% to less than 1% while introducing automated developer rewards.
