AltLayer

EigenLayer has reached a significant milestone with $20 billion worth of ETH and EIGEN tokens now securing their verifiable cloud infrastructure. - The platform enables builders to create and verify applications at cloud scale - Integration with AltLayer expands capabilities for launching native and restaked rollups - System supports both optimistic and zk rollup technologies This development marks a key step in Ethereum's evolution toward a more scalable and verifiable ecosystem. For more details on the EIGEN economy, visit [economy.eigenlayer.xyz](https://economy.eigenlayer.xyz/)

The NextFin Summit at Ethereum NYC on August 12 brings together major players in the blockchain space to discuss Ethereum's future infrastructure. - Key participants include Ethereum Foundation, Wormhole, Kraken, Optimism, Stripe, and others - Matt Blumberg, Head of DeFi, will present on Real World Assets and retail user opportunities - Event focuses on tokenization and DeFi infrastructure developments - Session runs from 1:55 PM to 2:20 PM ET The summit aims to connect financial institutions, regulators, and crypto innovators for exploring onchain market developments. [Register here](https://lu.ma/ozlqxrph)

The **$2000 reward pool** has been distributed to the Top 20 winners of the Babylon Labs x AltLayer Baby Loong Loong creative challenge. Participants showcased remarkable creativity through diverse mediums including: - Pebble art - Elaborate lore - Rap tracks - Costume play - Bamboo carvings - Knitted designs - Wall art - Clay sculptures - Lightning lamp installations The challenge successfully brought together community members who reimagined the Loong Loong character in unique and innovative ways.

AltLayer's Rollup Day in Bangkok achieved significant attendance, featuring Ethereum's Vitalik Buterin and leaders from major blockchain projects. The event included: - Multiple expert panels covering FHE/TEE/ZK, Restaking, and AVS - Representatives from EigenLayer, Linea, Arbitrum, and Babylon Labs - Technical discussions on rollup technology and scaling solutions - Industry leaders from RiscZero, Automata Network, and Polymer Labs The event marks continued momentum in Layer 2 scaling development and cross-industry collaboration.