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PayPal plans to add Arbitrum support for PYUSD stablecoin alongside Ethereum and Solana

Key Takeaways PayPal plans to expand its PYUSD stablecoin to the Arbitrum blockchain network. PYUSD currently operates on Ethereum and Solana. Share this article PayPal has updated its cryptocurrency terms and conditions to include support for its USD stablecoin, PYUSD, on the Arbitrum network, alongside existing support for Ethereum and Solana. The payment giant’s dollar-pegged … Read more

PayPal launches PYUSD rewards program and expands into Arbitrum

PayPal’s Paxos-powered stablecoin, PYUSD is offering rewards for holders who hold at least 1 PYUSD in their Cryptocurrencies Hub. The stablecoin has also launched on the Arbitrum chain. According to the latest update on the payment firm’s cryptocurrency terms and conditions, the PYUSD (PYUSD) stablecoin is now available on the Arbitrum (ARB) chain alongside the … Read more

Cryptocurrencies to watch this week: Trump Coin, ApeCoin, Arbitrum

Cryptocurrency prices experienced a strong performance last week, with Bitcoin surging to a record high and the Fear and Greed Index entering the greed zone at 67.  These assets are likely to remain volatile this week as the US publishes its consumer price index data and the earnings season begins. U.S. politicians will also have … Read more

Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight

Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual trading future? On July 9, on-chain perpetual and spot exchange GMX confirmed that its V1 … Read more

OpenAI denies involvement in Robinhood’s tokenized equity launch on Arbitrum

Key Takeaways OpenAI denied any involvement or endorsement of Robinhood’s tokenized equity launch on Arbitrum. Robinhood introduced over 200 tokenized equities on Arbitrum, including OpenAI, Microsoft, and Nvidia, targeting European clients. Share this article OpenAI has denied any connection to Robinhood’s tokenized equity launch on Arbitrum, stating it did not authorize or endorse the creation … Read more

FDUSD now live on Arbitrum to support DeFi growth

First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 network, marking the stablecoin’s latest expansion and further strengthening its cross-chain presence. The launch is designed to offer users access to low-cost, high-speed transactions while positioning First Digital USD (FDUSD) as a core stablecoin for decentralized finance, spanning five blockchains and multiple regional markets.. … Read more

Arbitrum leads stablecoin inflows as Ethereum loses $374m

Arbitrum gained $381 million in stablecoin inflows over the last week, while Ethereum lost $374 million. Stablecoin users are increasingly flipping out of Ethereum (ETH) and into faster, cheaper layer-2 chains. For the week ending June 2, Ethereum’s layer-2 network, Arbitrum (ARB), led all top chains in stablecoin inflows. The network recorded $381 million in … Read more

Top cryptocurrencies to watch: Solana, Fartcoin, Arbitrum

Crypto prices had a mixed performance last week, with popular tokens like Onyxcoin, Fartcoin, Jasmy, Hyperliquid, and Helium soaring.  Other altcoins like Tezos, EOS, Movement, Toncoin, and Ethereum crashed by double digits. Bitcoin (BTC) remained in a consolidation phase during the week, even as the US dollar index plunged and U.S. equities wavered.  This article … Read more

CertiK reports $140K Arbitrum exploit via signature bypass

Blockchain security firm CertiK has identified a security breach on Arbitrum, where an attacker exploited a signature verification bypass to drain about $140,000. On Mar. 10, at 04:06 UTC, CertiK Alert reported on X that an attacker had most likely used an arbitrary smart contract call vulnerability to bypass signature verification and carry out illegal … Read more

Cryptocurrencies to watch: Arbitrum, Flare, Pi Network

Cryptocurrencies are highly volatile following President Donald Trump’s on-again, off-again 25% tariffs on imports. Bitcoin (BTC) dipped below $83,000 on Tuesday, March 4 when the tariffs went into effect; by Thursday, certain tariffs were suspended or delayed and Bitcoin bounced back above $90,000. On Sunday, it dipped below $83,000 again and is down 11.8% over … Read more

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