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PANews reported on June 19 that Joseph Lubin, CEO of Consensys and co-founder of Ethereum, wrote: "Ethereum Layer 1 will become the world's main ledger. It allows anyone to view,

The post Ethereum Foundation launches AI team to build an AI settlement layer appeared on BitcoinEthereumNews.com. The Ethereum Foundation has announced a dedicated AI team to make Ethereum the preferred settlement and coordination layer for AI agents and the emerging machine economy. Davide Crapis, a research scientist, will lead the team working closely with the Foundation’s Protocol and Ecosystem arms.  The Foundation revealed that the dAI Team will focus on two primary goals. The first is to give AI agents and robots mechanisms to pay, coordinate, and follow rules without intermediaries, which it described as the AI Economy on Ethereum. The second is to ensure AI development does not become dependent on a few centralized platforms by promoting open, verifiable, and censorship-resistant alternatives, which it described as the Decentralized AI Stack.  Ethereum aims to build an AI economy with the dAI Team Davide Crapis, the team’s lead research scientist, revealed in a post that the group aims to bridge the gap between blockchain and AI agents. He noted that AI will be a big part of all humanity and the future of Ethereum usage. He described AI as a new frontier for Ethereum compared to earlier waves of DeFi. He also pledged that the team will build technology and support the interoperability of AI agents on-chain.  We’re starting a new AI Team at the Ethereum Foundation (the dAI Team).Our mission: make Ethereum the preferred settlement and coordination layer for AIs and the machine economy. The team will focus on two main areas:– AI Economy on Ethereum = giving AI agents and robots ways… pic.twitter.com/9sWVS4dp0K — Davide Crapis (@DavideCrapis) September 15, 2025 The dAI Team will focus on the ERC-8004 standard, which allows AI agents to be discoverable, verifiable, and transactable across the Ethereum ecosystem. The standard is expected to be completed by November, and the final form will be presented at Devconnect in Buenos Aires. The…

To repay the victims of the hack, Nemo Protocol issues $NEMO debt tokens to pay off 2.6M. Users are provided with 1.1 tokens pegged to losses; recovery will be based on the recovery rate of the fund. Nemo Protocol has also announced an ambitious debt token issuance to compensate customers who were caught up in […] The post Nemo Protocol Unveils $NEOM Debt Tokens for $2.6M Hack Victims appeared first on Live Bitcoin News.