Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Robinhood's newly launched layer-2 saw more than $70 million in ETH bridged in its first week, investors are increasingly scrutinizing insider stock sales at Bitcoin miners that pivoted to AI infrastructure, and Swift said its blockchain-based ledger is ready for initial use.

The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. 

Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” 

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