According to on-chain data, daily transactions on Ethereum’s layer2 (L2) network Arbitrum touched a new all-time high of 690,000 on Feb. 17. However, its record is still behind its rival L2 network, O...
Tag: Arbitrum
Arbitrum Now Available on Coinbase, ARBI Airdrop Talk Heats Up
Gamza Khanzadaev ARBI airdrop maybe on way as Arbitrum is now supported network on Coinbase Ethereum Layer-2 scalability solution Arbitrum One has announced that its network is now integrated with Coi...
Arbitrum records impressive network growth: What’s coming next?
Arbitrum recorded impressive growth in its DEX trading volume. The daily active users on Arbitrum skyrocketed in February. Arbitrum added another feather in its cap after its decentralized exchange (D...
Arbitrum Daily Transactions Reaches New ATH Just Below 700k
The number of Arbitrum daily active transactions has reached a new all-time high. Arbitrum is a layer 2 blockchain designed to increase scalability on the Ethereum blockchain. ETH is currently trading...
CoinTracker Announces Multichain Expansion of Its Crypto Tax Solution With Support of Arbitrum, Optimism, and Cosmos
SAN FRANCISCO–(BUSINESS WIRE)–CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced its multichain expansion to provide support for Arbitrum, Optim...
DeFi TVL of Arbitrum jumps by 50% in Eight Weeks: Whole Story
DeFi TVL on Ethereum Layer 2 Protocol jumped 50% in less than 2 months of 2023. Major protocols working on the network are believed to have fueled the growth. 2023 so far has proved to be a good yea...
The Graph (GRT) up 19% as Crypto AI Flagship Deploys on Arbitrum
Gamza Khanzadaev Crypto AI leader The Graph (GRT) soars at double-digit rate following deployment on Arbitrum Disclaimer: The opinion expressed here is not investment advice – it is provided for infor...
Arbitrum TVL Rises From $599M To $1.48 Billion By 250%
Defi analytics platform announced that Arbitrum TVL has risen by 250% since 2022. Arbitrum TVL was $599 million in July 2022 and $1.48 billion in February 2023. GMX hit an all-time high of $5,641,320 ...
Arbitrum Becomes Fourth Biggest Chain on Eve of Long-Awaited ARBI Airdrop
Gamza Khanzadaev While community is hungry for ARBI airdrop, Arbitrum becomes fourth biggest chain According to DefiLlama, Layer 2 solution for Ethereum, Arbitrum, became the fourth largest blockchain...
Avalanche dominance under threat? Investors worry as GMX shifts to Arbitrum
GMX moves to Arbitrum, threatening Avalanche. Decreasing sentiment, declining TVL & NFT trades for Avalanche. According to the latest data from Artemis, the majority of GMX‘s activity has shifted ...
Arbitrum Stablecoin Exploit Has Happy Ending: Funds Returned
A yield-automating protocol on Arbitrum was exploited over the weekend in an incident that boosted the hacker’s balance of their US dollar stablecoin Sperax (USDS). But in a plot twist, the team...
NFT Index Investing Has New Entrant With JPEGz Tokenized Basket
Ethereum-based protocol Cryptex Finance is launching JPEGz, an NFT market capitalization index token that will track ten different NFT collections. The token will be powered by Chainlink and Coinbase ...
Arbitrum passes Optimism in key metric: Can its growth continue?
Arbitrum surpassed Optimism in the number of transactions. Despite growth, decline in active developers and stablecoin network growth raised questions about sustainability. The Arbitrum protocol recen...
Arbitrum Stablecoin Exploiter Snagged $300K From 9.7B Token Boost
SperaxUSD, a yield automator on Ethereum layer-2 rollup Arbitrum, announced a user was able to explode the balance of their stablecoin tokens over the weekend. In a Twitter thread, the team said...
The escrow platform of Unicrow goes live on Arbitrum
Unicrow has taken to Twitter to announce the launch of its Escrow platform on Arbitrum. The launch of the platform ‘unstoppable’ has been hailed by Unicrow as a historic moment in the crypto industry....
Pocket Network forms a merger with Arbitrum One
Pocket Network happens to have formed a much official merger with Arbitrum One. This was carried out to facilitate the transfer of the power of the decentralized RPC framework to the chain. Arbitrum o...
OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pione…
Decentralized social trading platform OptionBlitz is pioneering multiple cutting-edge trading options as the company gears up for BLX token sale on February 28th, 2023. London, UK — In January 2023, ...
The Moons bridge to Arbitrum Nova has been deprecated
The Moons bridge to Arbitrum Nova has been deprecated. Accordingly, admins are reportedly planning to burn 4.77m Moons next week. Admins’ stand following the deprecation of Arbitrum bridge The Moons’ ...
Cross-chain margin platform Prime Protocol is launching on Arbitrum
Cross-chain margin platform Prime Protocol launched its testnet on Arbitrum today, and will be the first cross-chain brokerage that allows users to take out margin on their entire account — regardless...
Investors scammed by token sale on Arbitrum despite warning of potential rug pull
Orion Finance pulled off a $320,000 rug pull on investors who deposited funds in the project’s presale despite warnings that such a thing was bound to happen. Marco Paladin, crypto security audi...
Arbitrum DeFi protocol shows promise, but is it bankable in the long run
MUX protocol saw promising growth in trading volume and fees. The protocol’s native token MCB shot up by 6% at press time. MUX Protocol, a decentralized perpetuals exchange, made players in the DeFi a...
Arbitrum-based DEX Vest comes out of stealth with seed round from Jane Street, others
Vest Exchange came out of stealth and revealed plans to launch a decentralized perpetual futures exchange on the Arbitrum network. The exchange has closed a seed round for an undisclosed amount ...
Gains makes splash in derivatives niche on Arbitrum
Crypto derivatives exchange Gains Network has recorded $1.6 billion in trading volume on the Arbitrum blockchain one month after launch. Initially deployed on the Polygon network, Gains Network runs g...
Arbitrum outperforms Polygon and Optimism in this key area
Arbitrum generated higher revenue compared to other L2 solutions with no token incentives. NFT trading volume surged on Arbitrum. Arbitrum was observed to be generating more revenue when compared to o...
MYSO goes live on the Arbitrum Goerli Testnet for L2 expansion
MYSO recently announced going live on the Arbitrum Goerli Testnet. The DeFi protocol released a string of tweets on its official channel about the launch. According to the tweets, Arbitrum users can n...
DEX SushiSwap records a consistent increase in trading volume on Arbitrum
SushiSwap, a decentralized finance (DeFi) protocol on Arbitrum, has been experiencing a steady rise in trading volume. Yesterday, the total SushiSwap trading volume on Arbitrum rose to an impressive 4...