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Base Batches 002 Positions Base As A Leader In Ethereum’s Layer 2 Race

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Base, the Ethereum Layer 2 network incubated by Coinbase officially launched Base Batches 002, the second edition of its flagship global incubation program designed to empower builders creating the next generation of onchain applications.

This follows the success of the inaugural Base Batches #001 earlier in 2025, which drew over 5,000 developers from 100+ countries, resulting in 1,200+ projects and 77 finalist teams that received mentorship and demo day exposure.

Batches 002 builds on the decentralized acceleration model, offering structured pathways for both early-stage and scaling projects. It emphasizes turning ideas into scalable products through community, tools, and incentives.

Open to builders worldwide, with regional activations to foster diverse innovation.  Up to $500K in prizes, mentorship from ecosystem leaders, and direct pathways to funding. Top teams pitch to VCs, angels, and accelerators at Devconnect.

Announced today, with applications live immediately via the official site. The program was teased in Base’s “State of Base” update at Basecamp 2025 on September 15, positioning it as a core initiative alongside other announcements like an open-source Base-Solana bridge and explorations into a native network token.

This edition introduces two distinct tracks to cater to different stages of development: Teams with live products ready to scale. Fly to Demo Day at Devconnect for pitches; access to investors and accelerators.

Applications are open now at basebatches.xyz, with the program kicking off regional buildathons soon. Base Batches addresses key barriers for onchain builders: from ideation to user acquisition and growth.

The first edition’s “Incubase” phase powered by partners like Hashed Emergent and Odisea turned prototypes into investor-ready pitches, proving the model’s impact. With Base’s low-cost, high-throughput infrastructure, this program aims to accelerate the Superchain’s ecosystem, potentially onboarding thousands more developers.

By offering mentorship, funding up to $500K in prizes and exposure through Demo Day at Devconnect, Base Batches 002 lowers barriers for early-stage and scaling teams. This could lead to a surge in innovative dApps, from DeFi to social platforms, built on Base’s low-cost, high-throughput infrastructure.

The program’s global scope, with regional buildathons, fosters diverse participation, potentially bringing unique perspectives and use cases from underrepresented regions like Africa, Latin America, Asia into the Web3 ecosystem.

Building on the success of Base Batches 001 1,200+ projects, 77 finalists, this program strengthens Base’s Superchain ecosystem, positioning it as a leading hub for Ethereum-aligned development.

Demo Day at Devconnect connects top teams with VCs, angels, and accelerators, channeling capital into promising onchain projects. This could drive investment in Layer 2 solutions and increase Base’s market relevance.

The $500K prize pool and pathways to funding (e.g., via partners like Hashed Emergent) incentivize builders to prioritize Base over competing chains like Solana or Polygon, potentially shifting market dynamics.

Base’s exploration of a native network token teased at Basecamp 2025 could tie into Batches, with potential airdrops or rewards for participants, sparking speculation and community engagement.

Base’s focus on scalability and developer support challenges other Ethereum L2s (e.g., Arbitrum, Optimism). By fostering a vibrant developer community, Base could capture more transaction volume and dApp deployments.

As Coinbase’s incubated project, Base leverages its parent company’s user base and infrastructure, potentially onboarding millions of retail users to onchain apps developed through Batches.

The Base-Solana bridge announcement suggests cross-chain ambitions. Batches projects could pioneer interoperable dApps, bridging Ethereum and Solana ecosystems. The program’s “Incubase” phase and regional activations build a global network of developers, mentors, and partners, creating lasting community ties that amplify Base’s network effects.

Successful Batches projects could drive mainstream adoption of Web3 by delivering user-friendly dApps, addressing pain points like high gas fees and complex UX. With up to 100 Builder teams and 40 Startup teams, Base must ensure its infrastructure can handle increased activity from new dApps without compromising performance.

Competing programs from other chains like Solana’s Hyperdrive or Polygon’s hackathons could dilute applicant quality or divert top talent. As Coinbase’s project, Base may face regulatory hurdles, especially if a native token or DeFi-heavy Batches projects attract attention from bodies like the SEC.

By supporting projects from ideation to scaling, Base Batches could produce breakout dApps that bridge Web2 and Web3, accelerating Ethereum’s path to mass adoption. The program’s decentralized, community-driven approach vs. traditional VC incubators could set a new standard for Web3 development, inspiring other chains to adopt similar models.

Its success could drive significant dApp growth, strengthen Base’s market position, and accelerate Web3 adoption. However, Base must navigate competitive pressures and regulatory risks to fully capitalize on this opportunity. Builders should seize this moment to apply in shaping the future of onchain development.

EA Agrees to $55bn Buyout, Largest Leveraged Deal in History, to Go Private

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Electronic Arts, the video game giant behind titles such as Madden NFL and The Sims, is set to go private in a blockbuster $55 billion acquisition, the largest leveraged buyout ever recorded.

The deal, announced Monday, brings together private equity firm Silver Lake Partners, Saudi Arabia’s Public Investment Fund (PIF), and Affinity Partners, the private equity firm founded by President Donald Trump’s son-in-law Jared Kushner.

Under the agreement, the consortium will acquire 100% of EA at $210 per share in cash, a figure that represents a 25% premium to EA’s unaffected share price of $168.32 at market close on September 25, 2025. It also stands above EA’s unaffected all-time high of $179.01, reached on August 14, 2025. The price values the company far beyond any prior gaming transaction, eclipsing even Microsoft’s $69 billion takeover of Activision Blizzard.

The transaction, which will end EA’s 36-year run as a publicly traded company, underscores the scale of global capital now flowing into the gaming industry.

Founded in 1982 by former Apple employee William “Trip” Hawkins, EA went public in 1989, with its shares ending their first day at a split-adjusted 52 cents. Since then, the company has become a pillar of the global gaming economy, with a library of titles that shaped generations of players.

The $55 billion price tag makes this the most expensive leveraged buyout in history, surpassing the $32 billion take-private of Texas utility TXU in 2007. Financing will be structured as a mix of equity and debt: approximately $36 billion in equity from the consortium, alongside $20 billion in debt financing fully committed by JPMorgan Chase Bank, N.A., with $18 billion expected to be funded at close. PIF, which already holds a 9.9% stake in EA, will roll over its shares into the new ownership structure.

If approved by shareholders and regulators, the deal is expected to close in Q1 FY27. Once finalized, EA’s common stock will be delisted from public markets. The company will remain headquartered in Redwood City, California, with Andrew Wilson continuing as Chairman and CEO.

What The Buyers Are Saying

For the investors, the transaction is being framed as both financial and strategic.

  • Andrew Wilson, EA CEO: “Our creative and passionate teams at EA have delivered extraordinary experiences for hundreds of millions of fans, built some of the world’s most iconic IP, and created significant value for our business. This moment is a powerful recognition of their remarkable work. Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences to inspire generations to come.”
  • Turqi Alnowaiser, PIF Deputy Governor: “PIF is uniquely positioned in the global gaming and esports sectors, building and supporting ecosystems that connect fans, developers, and IP creators. This partnership will help further drive EA’s long-term growth, while fueling innovation within the industry on a global scale.”
  • Egon Durban, Co-CEO of Silver Lake: “EA is a special company: a global leader in interactive entertainment, anchored by its premier sports franchise, with accelerating revenue growth and strong and scaling free cash flow. We are honored to invest and partner with Andrew – an extraordinary CEO who has doubled revenue, nearly tripled EBITDA, and driven a fivefold increase in market cap during his tenure. We are going to invest heavily to grow the business and accelerate innovation.”
  • Jared Kushner, CEO of Affinity Partners: “Electronic Arts is an extraordinary company with a world-class management team and a bold vision for the future. I’ve admired their ability to create iconic, lasting experiences, and as someone who grew up playing their games – and now enjoys them with his kids – I couldn’t be more excited about what’s ahead.”
  • Luis A. Ubiñas, EA Lead Independent Director: “The Board carefully evaluated this opportunity and concluded it delivers compelling value for stockholders and is in the best interests of all stakeholders. We are pleased this transaction delivers immediate and certain cash value while strengthening EA’s ability to continue building the communities and experiences that define the future of entertainment.”

The Implications

The consortium — blending Silver Lake’s private equity firepower, PIF’s sovereign wealth clout, and Kushner’s Affinity Partners — is betting on gaming’s continued convergence with entertainment, sports, and global media. With Saudi Arabia already making aggressive moves into esports and digital content, and Silver Lake known for technology and sports investments, the deal positions EA at the nexus of physical and digital fan engagement.

Industry analysts say the size of the transaction reflects both the enduring profitability of EA’s franchises, like FIFA (now EA Sports FC), Battlefield, and The Sims, and the belief that future growth will come from blending immersive gaming, live services, and global fan communities.

The deal also puts EA in a stronger position to compete with rivals that are increasingly backed by big capital, including Microsoft’s gaming division, Sony Interactive Entertainment, Tencent, and NetEase.

With regulatory review pending, the buyout, if approved, could serve as a template for how sovereign wealth funds and private equity consortia reshape the entertainment and gaming sector — using massive cash reserves to pry iconic companies off public markets and scale them in new directions.

A new chapter has begun for EA. The company is no longer a Wall Street stock but a privately held powerhouse, with some of the world’s deepest-pocketed investors betting billions on its future.

Understanding How Blockchain Fuels the Bitcoin Revolution

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Pull up the five–year Bitcoin chart and you’re staring at a story written in peaks and valleys. From a low around 25,000 to today’s climb past 114,000, the line isn’t smooth, but it’s relentless. That kind of growth doesn’t happen by accident. Behind it sits blockchain, the engine that keeps Bitcoin running no matter how wild the ride gets.

Bitcoin has boomed in the past year. It’s more than just a price surge. It’s proof that a decentralized system can survive shocks, regulation talk, and waves of panic selling. Crypto is at the cutting edge of finance because blockchain makes it possible. It isn’t a trend. It’s a shift in how money can work.

The Pull of Price

Anyone who’s tracked the Bitcoin price knows the numbers are magnetic. In just five years the value is up more than 960 percent. Think about that. A coin worth less than 25,000 in 2020 now trades above 114,000. That’s why the phrase Bitcoin price ends up in conversations everywhere from dinner tables to gym floors. It’s not just the scale of the move, it’s the persistence. Each crash gets headlines. Each recovery writes the bigger story.

Yi He, the co-founder of crypto exchange Binance, said it best: “Crypto isn’t just the future of finance. It’s already reshaping the system, one day at a time.” That reshaping is written on the chart itself. The climb isn’t clean, but the trajectory is clear.

What Blockchain Actually Does

Strip away the buzzwords. Blockchain is a ledger — but not the kind locked in a bank’s vault. It’s public, distributed, and nearly impossible to alter. Every Bitcoin transfer is stamped into this digital record. Once written, it can’t be erased. That permanence is where the trust comes from. Not in a government. Not in a company. In the system itself.

Look at what it delivers:

  • Resilience. No single server or authority can be taken out to end Bitcoin.
  • Transparency. Every transfer is visible, open for anyone to verify.
  • Security. Changing records would require impossible computing power.

These qualities explain why Bitcoin didn’t fade after its early hype. Even when markets tanked, blockchain kept processing blocks. The system didn’t blink. That resilience is why long–term optimism holds weight.

The Past Five Years as Proof

The chart tells a story of pain and persistence. 2022 brought deep losses. 2023 was stagnant. But in 2024, the curve turned and by 2025 it touched record highs. That arc matters. It proves that the network can recover from blows that would kill a weaker system. It’s not just investors pushing it higher. It’s the faith that blockchain won’t stop, won’t fail, and won’t lie.

When you zoom out, the volatility looks like noise around an upward march. That’s why so many people see the last five years not as a warning but as evidence. Blockchain doesn’t guarantee profit, but it guarantees the system itself holds.

The Human Side of the Ledger

Blockchain isn’t just machines. It’s people. Miners validating transactions. Developers strengthening code. Users sending and receiving coins across borders. This collective effort is what turns the technology into a living network.

Think of the final minutes of Game 7 of the 2016 NBA Finals. LeBron blocks, Kyrie shoots, the Cavs win. No single play made the victory. It was the sum of each part, each person doing their role under pressure. Blockchain works like that. Alone, each participant is small. Together, they make something unshakable.

The Caveats Nobody Should Ignore

Optimism shouldn’t be confused with blind faith. Bitcoin’s past five years include brutal drops as well as record highs. Blockchain protects the system, not your portfolio. If you buy at the wrong time or invest money you can’t afford to lose, the pain is real.

The responsible view is simple: treat Bitcoin as a high–risk, high–potential asset. Diversify. Don’t stake your future on it. Respect the volatility. Blockchain ensures the game keeps running, but it doesn’t promise you’ll always win.

Where the Story Heads Next

The future isn’t going to be smooth. Governments will argue. Markets will lurch. Headlines will flip between triumph and disaster. But while all that unfolds, blockchain will keep adding blocks to the chain. That quiet consistency is the strongest argument for optimism.

If the past five years prove anything, it’s that the system survives storms. That survival alone is revolutionary. It makes Bitcoin more than speculation. It makes it a case study in how technology can carry value across time without permission from above.

A Revolutionary Foundation

To understand why Bitcoin keeps fueling optimism, you don’t need to memorize code or parse every chart tick. Just look at what blockchain does. It makes a currency that doesn’t need a referee. It builds trust without a central power. And it has carried Bitcoin from the margins of 2009 to a chart line over 114,000 in 2025.

That’s not a fad. That’s a revolution playing out block by block. The optimism isn’t naïve. It’s rooted in the evidence of a system that hasn’t stopped, hasn’t broken, and keeps writing its own history one transaction at a time.

The 15 Years of Presidential Independence Speeches in Nigeria

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Every October first, Nigerians gather around the television or radio to hear the voice of their president. The annual Independence Day broadcast is not just ceremonial. It is a stage where a leader reflects on the nation’s journey, reassures citizens about the present and projects a vision for the future. The words chosen and the themes emphasised reveal much about the priorities and personality of the man at the helm. Comparing the recent 65th anniversary address of President Bola Ahmed Tinubu with the speeches of former presidents Goodluck Jonathan and Muhammadu Buhari provides an opportunity to see how leadership rhetoric has shifted over the past fifteen years.

Jonathan and the Language of Unity

President Jonathan’s broadcasts between 2010 and 2015 often placed unity and democracy at the heart of his message. His speeches sought to comfort a diverse and sometimes divided people. He reminded Nigerians that democracy was fragile and must be nurtured. His tone was often soft, inclusive and even poetic. While he spoke about economic growth and development, his focus was more on reconciliation and the democratic journey. Jonathan’s style appealed to the emotions and his vision emphasised peace, dialogue and continuity.

Buhari and the Voice of Austerity

President Buhari, who followed him from 2015 to 2022, struck a very different chord. His addresses were stern, moralistic and focused heavily on security and corruption. The fight against Boko Haram, banditry and entrenched graft dominated his rhetoric. Buhari consistently reminded Nigerians that he inherited a battered system and that sacrifice was necessary to restore order. His vision was framed around a moral renewal of society, a disciplined citizenry and the defeat of enemies within and without. His speeches often left the impression of a nation under siege, where progress could only come after long battles against forces determined to pull the country apart.

Tinubu and the Reform Narrative

President Tinubu’s 2025 broadcast reflects yet another turn in Nigeria’s story of leadership communication. His speech was steeped in statistics and reform milestones. He spoke of GDP growth at 4.23 per cent, inflation declining to 20.12 per cent, non-oil revenues reaching over twenty trillion naira and foreign reserves climbing to forty two billion dollars. Unlike Jonathan, who appealed to emotions, and unlike Buhari, who dwelt on threats, Tinubu positioned himself as a reformer CEO addressing stakeholders. His message was that of a country that had turned the corner after painful but necessary restructuring.

The strength of Tinubu’s approach lies in its evidence-based framing. Nigerians who have often been promised progress without proof were presented with numbers, reforms and visible projects. He stressed youth empowerment through student loans, digital innovation initiatives and consumer credit programmes. He insisted that the sacrifices of subsidy removal and foreign exchange reforms were beginning to yield dividends. His rhetoric was optimistic yet grounded in the language of economics and policy.

The Balance Between Hope and Reality

 Jonathan used emotion to build trust and emphasised democracy. Buhari used austerity and moral language to rally against corruption and insecurity. Tinubu is using data and reform narratives to sell a story of renewal. Each approach reflects both the personality of the leader and the context of the time. Jonathan governed during an oil boom and relative calm, so he had space to stress unity and peace. Buhari ruled during recession and insurgency, which made him defensive and stern. Tinubu inherited an economy that many saw as broken, so he adopted the tone of a fixer who provides evidence of turnaround.

California Becomes First State to Mandate AI Transparency With Signing of SB 53

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California Gov. Gavin Newsom on Tuesday signed SB 53, landmark legislation that for the first time requires large AI companies to disclose their safety protocols and creates new protections for whistleblowers inside the industry.

The bill, passed by state lawmakers earlier this month, applies to major AI labs such as OpenAI, Anthropic, Meta, and Google DeepMind. It mandates that companies provide transparency into how they manage AI risks, while also establishing a mechanism for reporting potential “critical safety incidents” to the California Office of Emergency Services. That includes crimes committed without human oversight — such as AI-enabled cyberattacks — and incidents of deceptive behavior by a model, requirements that go beyond what the EU AI Act currently enforces.

In addition, SB 53 protects employees who raise safety concerns from retaliation, an increasingly pressing issue as some AI researchers have left firms like OpenAI amid disputes over safety and governance.

Tech Industry Pushback

The measure has divided the AI sector. Anthropic endorsed the bill, but both Meta and OpenAI lobbied aggressively against it. In fact, OpenAI went as far as publishing an open letter to Gov. Newsom warning that the law could slow innovation and stifle research. Broadly, companies argue that state-by-state laws risk creating a “patchwork” of regulation that complicates compliance for global firms.

The tension comes as Silicon Valley leaders have begun investing heavily in politics to shape the regulatory climate. Executives at both Meta and OpenAI have launched pro-AI super PACs, funneling hundreds of millions of dollars into supporting candidates who favor a light-touch approach to AI oversight.

National Ripple Effect

California’s move is likely to reverberate well beyond its borders. Other states are already considering similar measures: New York’s legislature has passed its own AI safety bill, now awaiting Gov. Kathy Hochul’s decision. If signed, it would further signal a willingness by states to step in while federal lawmakers in Washington remain gridlocked on comprehensive AI policy.

“California has proven that we can establish regulations to protect our communities while also ensuring that the growing AI industry continues to thrive,” Newsom said in a statement.

Calling AI “the new frontier in innovation,” he argued that the bill strikes a balance between safeguards and economic growth.

More Regulation on the Horizon

Newsom’s signature is not the end of the story. He is currently weighing SB 243, another measure that passed with bipartisan support, which would specifically regulate AI companion chatbots. That bill would require operators to implement safety protocols and hold them legally accountable if their systems fail to meet standards, responding to mounting concerns about mental health risks and exploitation by human-like bots.

For State Senator Scott Wiener, SB 53 marks a breakthrough after last year’s setback. Newsom vetoed Wiener’s earlier, broader SB 1047 following heavy industry pushback. Learning from that defeat, Wiener worked directly with AI companies to refine the new measure, a more targeted bill that still manages to set a national precedent.

With SB 53, California has planted a flag in the ongoing struggle to define how the U.S. will manage the risks of frontier AI. While federal lawmakers debate whether to leave oversight largely to industry or impose stricter national rules, Sacramento is asserting itself as a laboratory for AI governance.

If other states follow California’s lead, companies like OpenAI and Meta could soon face a patchwork of requirements across the country — a prospect they warn could fragment innovation. But to policymakers, California’s approach could also serve as a blueprint for bridging public trust and technological progress at a moment when concerns over AI’s rapid advancement are growing louder.