In this episode of CoinStreet Headlines, we dive into the latest developments in the crypto world! Discover how the Ethereum Foundation is merging AI with blockchain through a new research team focused on creating an AI economy. We also discuss a super PAC that has raised $100 million to support pro-crypto candidates and promote regulatory clarity in the U.S. Plus, learn about Robinhood’s plans for a closed-in fund aimed at retail investors and the exciting news from Coinbase’s Layer 2 network, BASE, as it teases a native token launch. Jane King has the lates from the NYSE.
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Here's a look at your Coin Street headlines.
The Ethereum Foundation formed an AI research team to blend blockchain and AI.
David Crepus, a research scientist with the Foundation, said the new team will focus on developing an AI economy on Ethereum and a decentralized AI stack for developers.
He says the more intelligent agents transact, the more they need a neutral base layer for.
And reputation.
Ethereum benefits by becoming that layer and AI benefits by escaping lock-in to a few centralized platforms.
Well, a super PAC backing pro-crypto candidates has raised $100 million.
The PAC said it aims to support specific candidates for federal office and prevent an exodus of talent and entrepreneurs from crypto companies in the US by helping provide regulatory clarity.
Brokerage firm Robin Hood is planning a closed-in fund that would give retail investors access to its venture capital portfolio, a space traditionally reserved for institutions and high net worth individuals.
Robin Hood said the fund will back companies at the frontiers of their respective industries, though it did not name specific sectors.
Venture funds typically focus on high growth areas like emerging technologies, blockchain, and Web 3.
It will trade.
Under the ticker symbol RVI and Base is teasing a launch of a native token of Base Camp 2025.
Coinbase's Layer T2 network said it's weighing a token launch to boost decentralization while unveiling a Solana bridge to expand cross-chain interoperability.
Base is a layer two block chain built on Ethereum and incubated by Coinbase.
It processes transactions off chain before settling them on Ethereum, and that's the latest Coin Street headlines.