The post Binance Labs Invests In Zircuit, An ETH Layer 2 Developer appeared first on Coinpedia Fintech News

In the latest development, Binance Labs has invested an undisclosed sum in Zircuit, an Ethereum Layer 2 developer. Zircuit is a zero-knowledge rollup with AI-enabled sequencer-level security. The main aim of sequencer-level security is to discover exploits and hacks and stop them before they happen. The investment will help Zircuit in growing and developing its network further. Both firms have refused to reveal the size of the investment and other terms of the deal. This investment comes ahead of the network’s mainnet launch this summer