Treasure DAO is set to vote on a proposal that could move its Web3 gaming ecosystem from Arbitrum to ZKsync. The vote, scheduled to begin on September 17, will determine if the DAO should approve this migration. The proposal suggests that ZKsync’s technology is better suited for Treasure’s long-term goals
With the goal of increasing the ARB token’s usefulness and fortifying governance security, the Arbitrum DAO has green-lit a temperature check proposal. After more than 25,000 participants gave the proposal their unanimous 91% approval, on Aug. 15 the onchain voting came to a close. At its heart, the proposal is
While the global crypto market turns green, the notable layer 2 player Arbitrum (ARB) has captured attention with a 15% price increase over the past week. At the time of writing, ARB was priced at $0.76 with a market cap of $2.46 billion. This surge has propelled Arbitrum into an
The GHO stablecoin, managed by Aave’s decentralized autonomous organization, is set to be launched on the Arbitrum blockchain as part of its “cross-chain expansion strategy.” Reportedly, the multi-collateralized stablecoin that is native to the Aave Protocol will use the widely used Chainlink Cross-Chain Interoperability Protocol (CCIP) and will be released
The Ethereum rollup-based layer-2 network Arbitrum’s development team, the Arbitrum Foundation, has pledged a large portion of its resources to fostering the gaming industry’s growth inside its ecosystem. The proposition allocates 225 million Arbitrum (ARB) tokens, with a market value of around $215 million, to be dispersed over a period
Following the approval of an Ethereum exchange-traded fund (ETF), Arbitrum saw a notable surge of 5% in the last 24 hours, attracting 100,000 new users to the platform. This surge propelled the price of ARB to reclaim the $1.20 mark, climbing over 30% in a weekly time frame from $0.9757
ZTX, a Web3 ecosystem focused on immersive virtual worlds, has joined forces with a music production giant 88rising for the 2nd annual Head in the Clouds Festival held in New York. The Arbitrum – powered Web3 ecosystem and Asia’s largest Metaverse ZEPETO urged users to get a limited number of
Central limit order book (CLOB) decentralized exchange Dexalot, announced its launch on Arbitrum. With this move, Dexalot is taking a step toward growing outside of the Avalanche ecosystem. Launched in February 2023, Dexalot runs its current CLOB exchange on a dedicated application-specific chain. The choice to extend Dexalot’s trading infrastructure to Arbitrum
Stake.link, the Chainlink Ecosystem’s delegated liquid staking protocol, has announced that cross-chain staking on Ethereum’s most popular Layer-2 network, Arbitrum, is now available. With this move, users will no longer have to pay outrageous gas expenses to stake LINK and receive incentives, allowing stake.link to open a second home on Arbitrum
While crypto investors eagerly await regulatory developments, most major cryptocurrencies displayed positive momentum recently. Also, cryptocurrency experts anticipate that regulatory clarity and the new crypto ETF could encourage the entry of institutional investors into the market. Despite the proliferation of thousands of alternative cryptocurrencies, the dominance of Bitcoin and Ethereum
