News

BlockBeats News, February 10th. Ethereum co-founder Vitalik Buterin posted an article this morning, updating his systematic thoughts on the intersection of Ethereum and artificial intelligence. He emphasized that AGI should not be pursued in a "blanket acceleration" manner, but rather the values of crypto and AI should be deeply integrated to build an AI future that is conducive to human freedom, security, and decentralized cooperation. Vitalik stated that simplifying AI as a competition framework of "whoever achieves it first dominates" is a misconception. He believed that whether it is Ethereum or how humans should develop AGI, the essence lies in choosing the right direction rather than blindly accelerating technological progress. The core goals include: avoiding human marginalization by AI or permanent disempowerment from inescapable power structures, and preventing systemic risks from AI running out of control or imbalance in offense and defense. In a more medium-term practical path, Vitalik proposed four key directions: The first is to build more "trustless/privacy-friendly" AI interaction tools.This includes local LLM tools, privacy-preserving ZK API payments, cryptography schemes to enhance AI privacy, and client-side validation of server-side guarantees such as TEE proofs and cryptographic proofs. He pointed out that this is essentially extending the Ethereum privacy roadmap to LLM computation scenarios. The second is Ethereum as an AI economic interaction layer.This covers AI API calls, employment relationships between bots, collateral mechanisms, on-chain dispute resolution, and AI reputation systems such as ERC-8004. The goal is to enable AI with economic interaction capabilities to support a more decentralized AI architecture, rather than a closed system coordinated within a single organization.The third is to make the "cyberpunk-style self-verifying world" a reality.By using LLM to solve the real bottleneck of humans being unable to line-by-line verify code, achieve trustless interaction, including: Ethereum app usage without third-party UI, transaction generation and validation by local models, smart contract local audits, understanding formal verification (FV) proofs, and verifying trust models of applications and protocols.The fourth is to reshape markets and governance mechanisms.Vitalik pointed out that prediction markets, decentralized governance, secondary voting, combinatorial auctions, and other mechanisms are theoretically very attractive but have long been limited by human attention and decision-making abilities. LLM can scale human judgment and make these mechanisms realistic again. Vitalik summarized that these directions both align with his proposed d/acc (defense-in-depth acceleration) concept and demonstrate the potential for AI, ZK, and Ethereum to develop synergistically. He believes that, by building on the decentralized ideals since 2014 and leveraging AI and cryptographic tools, we can truly bring them to fruition.

The on-chain lending market is experiencing a new development cycle, with the vault model becoming an important innovation. A certain exchange has launched the DeFi Earn platform, channeling lender deposits into vaults and connecting them to protocols such as Aave, offering up to 8% annual percentage yield (APY). Bitwise has introduced a non-custodial vault strategy on the Morpho platform, and another exchange previously launched a USDC lending service. The total value locked (TVL) in on-chain lending protocols has reached $58 billion, with active loans exceeding $40 billion, and vault deposits surpassing $5.7 billion. Vaults achieve fund transparency through smart contracts, combining risk management and yield optimization to drive the improvement of the on-chain lending ecosystem. However, challenges such as liquidity risk and curator discretion remain. On-chain credit reduces operational costs and is expected to enhance the inclusiveness of credit services.

1. Morgan Stanley analysts: Two mining companies are expected to rise by more than 150% within a year; 2. Japanese stocks surged, and Buffett made a single-day floating profit of nearly $2 billions; 3. On Polymarket, the probability of the event "the US and Iran reach a nuclear agreement before 2027" is currently reported at 44%; 4. After investing $200 millions in BitMine, MrBeast acquired the youth-oriented banking app Step; 5. Bitmine purchased another 20,000 ETH from FalconX, worth $41.07 millions; 6. US Secretary of Commerce Raimondo is implicated in the Epstein files and is under bipartisan pressure to resign; 7. Jump Trading plans to acquire Polymarket equity in exchange for providing liquidity; 8. SBF posted criticism of US "political law enforcement," stating that FTX has always remained solvent; 9. CME has launched ADA, LINK, and XLM futures and micro futures contract products; 10. Last week, Sky Protocol spent 1.9 million USDS to buy back 31 million SKY.