Last week, the global crypto market staged one of the wild altcoins’ bloodbaths since the Terra Luna collapse in 2022. The ongoing ‘SEC vs Crypto’ predominantly initiated this crypto crash. Numerous cryptocurrencies have plunged to the bottom, hitting new all-time lows (ATL) on Saturday. After being tagged as securities, ADA,
USDC, the leading stablecoin issued by Circle, has made a significant breakthrough by becoming available natively on Arbitrum, a prominent layer 2 scaling solution for Ethereum. This development eliminates the need for bridging and offers developers and users seamless access to USDC on the Arbitrum network. 1/ Launch alert 🚨
LayerZero Labs, an omnichain interoperability protocol, has announced that it is now live on the Arbitrum Nova mainnet. The integration allows for ultra-low transaction costs. It increases the adoption of Arbitrum Nova, particularly in the gaming space. LayerZero is now live on @arbitrum Nova mainnet! pic.twitter.com/HX0OHQWdw1 — LayerZero Labs (@LayerZero_Labs)
GameSwift, the renowned gaming platform, has recently announced its integration with Arbitrum (ARB), the leading Ethereum Layer2 scaling solution. The GameSwift and Arbitrum integration is a significant milestone in Web3 gaming, combining GameSwift’s power with ARB’s scalability and efficiency. GameSwift integrates with @arbitrum! Imagine what's possible when you team the
On June 8, 2023, Circle, a pioneering fintech company in the digital currency industry, is set to launch the USD Coin (USDC) natively on the Arbitrum platform. This remarkable development seeks to offer users seamless, robust, and frictionless interaction. 1/ Circle is launching USDC natively on @Arbitrum on June 8th!
Jimbos protocol is the latest decentralized finance (DeFi) system to be hacked, resulting in a substantial loss of funds in the cryptocurrency market. Jimbos protocol, the Arbitrum system’s liquidity mechanism, was hacked on May 28 morning, according to blockchain security company PeckShield. The hack caused a loss of 4,000 Ether,
Ethereum Layer 2 scaling solution Arbitrum and the decentralized blockchain oracle network Chainlink have announced the release of Chainlink Verifiable Random Function (VRF) on Arbitrum One. This gives programmers access to one of the most popular RNG used in the blockchain industry. On May 22nd, Chainlink and the Arbitrum Foundation
In its most recent performance report, Ethereum’s Layer-2 based scaling protocol Arbitrum (ARB) demonstrated its superiority over the latter network in terms of the total number of transactions executed. 3/5 Ecosystem Milestones: Yesterday both Arbitrum One (1.26m) and Arbitrum Nova (1.18m) processed more transactions than Ethereum (939k). We’re witnessing Ethereum’s
Recently, Arbitrum, a top Layer-2 scaling solution for Ethereum, began distributing its governance token, ARB. The network has allocated 1.13 percent of its total token supply of 10 billion to airdrops for eligible DAO projects as part of its strategy. The full distribution of the DAO airdrop will take place
The newly launched token, ArbDoge (AIDOGE) obtained a positive response from the Arbitrum community. Due to the reality that it distributed airdrops to Arbitrum airdrop users, AIDOGE on Arbitrum has recently sparked discussion in the community. AIDOGE is a deflationary Token. It will be utilized by AIDOGE ecosystem applications. The
