Celo's Head of Growth, Anna Alexa, recently participated in the Binance Blockchain Week livestream. During her talk, she highlighted significant updates related to Celo, particularly its role as the title sponsor of the event. A key aspect of the discussion was a keynote by Celo Co-founder Regen Rene, focusing on financial inclusion and real-world payments. Eric Nakagawa, Co-founder and CEO of Self Protocol, also spoke about building an internet of value and the importance of verified identities. There’s anticipation around a major announcement expected from Celo, hinted to involve Minipay. In a separate development, Celo is planning a major upgrade to transition from an Ethereum-compatible Layer 1 (L1) to an Ethereum Layer 2 (L2). This shift follows extensive research and discussions with both Celo and Ethereum community members. The proposed upgrade includes a decentralized sequencer utilizing Celo's existing validator set, off-chain data availability through EigenLayer, and a design that maintains Celo’s one-block finality. This move could enhance scalability and efficiency for Celo’s operations within the Ethereum ecosystem.