According to official news, Arthur Hayes, co-founder of BitMEX and Maelstorm, has joined Ethereum data infrastructure Covalent as a strategic advisor to assist in the development of the Ethereum Time Machine. This is an innovative modular data infrastructure solution designed to achieve long-term data availability and decentralized AI. The system is capable of storing and re-executing temporary blob data, ensuring that Ethereum's historical records are safely preserved in Covalent.