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Arbitrum

[LIVE] Latest Crypto Market News Today, September 4 – Arbitrum to Alter Ethereum Layer-2, Bitcoin Price Hovers at $110,000, and WLFI Still Above ENA

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Bitcoin is clinging to $110,000 amid the boring crypto market, while Ethereum Layer-2 like Arbitrum is making news today. The total crypto market cap sits at $3.9 trillion, but the 24-hour volume is recorded at a huge $124 billion. People are now waiting for September, as August is historically bad for crypto. ARB ▲0.03% updates … Read more

Arbitrum DRIP program launches to reward productive DeFi activity with ARB tokens

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Arbitrum has launched the DRIP program to incentivize productive DeFi activity by rewarding users with ARB tokens for leveraging lending and looping strategies across its ecosystem. Summary Arbitrum DRIP Season One incentivizes leverage looping strategies in lending markets, rewarding users with ARB tokens for borrowing and redepositing assets. Eligible assets for collateral include major stablecoins … Read more

Succinct and Tandem partner to introduce zero-knowledge proofs to Arbitrum

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Succinct has teamed up with Tandem, a startup studio and venture capital arm of Offchain Labs, to bring zero-knowledge proofs to the Arbitrum ecosystem. Summary Offchain Labs’ Tandem and Succinct have partnered to advance zero-knowledge proofs on Arbitrum. Succinct price recently rallied amid exchange listing The Succinct (PROVE) platform, which allows developers to tap into … Read more

Arbitrum submits proposal to build Ronin L2 as an Orbit chain

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A new proposal suggests the building of Ronin L2 as an Arbitrum Orbit chain, with this coming as the Ronin team plans to migrate the gaming chain into a full-fledged, Ethereum-aligned layer 2 by 2026. Summary A proposal that seeks to build Ronin L2 on Arbitrum is live. The move comes as Ronin, launched as … Read more

Is Arbitrum Ready for a 150% Spike? ARB Crypto on the Brink of a Major Breakout

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The success of Ethereum is boosting ecosystem tokens, including Arbitrum. Although ETH USD momentum appears to be fading, blue-chip tokens tied to the first smart contract platform are thriving. Among them, ARB crypto is on the verge of a major breakout, looking at the formation on the daily chart. From Coingecko, Arbitrum ranks among the … Read more

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

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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

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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

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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

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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

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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

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