Tag: Arbitrum
The failure of the Arbitrum bridge is reported as a “extremely rare edge case” by Hyperliquid.
One of the most well-known decentralized perpetual exchanges, Hyperliquid, has released an incident report outlining the reasons for Monday’s bridge outage. A developer going by the handle iliensinc claimed to…
The Arbitrum Community Will Soon Use ARB Staking
To provide the ARB token more usefulness and boost its onchain usage, the Arbitrum community is voting to start staking. After receiving permission, Arbitrum would produce a liquid staking token…
Ubisoft and Arbitrum Collaborate on the G.A.M.E., a Web3 game created by Captain Laserhawk
An official statement states that Captain Laserhawk: the G.A.M.E., a video game that features characters from well-known franchises like Assassin’s Creed and Rayman, would broaden the universe of Captain Laserhawk:…
$29 million in ARB will be invested by Arbitrum DAO in on-chain RWAs
After putting up a shortlist of 17 initiatives, the Arbitrum Stable Treasury Endowment Program (STEP) Committee announced on June 23 that it had selected six RWA products to diversify treasury…
The proposed Arbitrum asks DAO to activate delegate staking rewards in order to improve governance security
As a delegate in the Arbitrum ecosystem and a key team member at Tally, Frission has proposed a mechanism that gives holders of ARB tokens who actively stake and delegate…
Amidst claims of LayerZero tokens, Arbitrum’s daily revenue surged to a record $3.4 million
The Ethereum Layer 2 network Arbitrum had a record-breaking jump in daily revenue to $3.4 million (in ETH) on Thursday since it was the coordinating chain for LayerZero’s ZRO token…
Despite strong opposition, Arbitrum’s $237 million Catalyze Gaming proposal is approved
The Arbitrum ecosystem is about to welcome a $237 million initiative aimed at promoting gaming—or is it? An onchain proposal that permits the distribution of 225 million ARB tokens was…
200M ARB Plan is Supported by the Arbitrum Community to Draw Web3 Game Builders
The Ethereum Layer 2 web3 game developer community is supporting the allocation of a significant amount of ARB through a governance proposal, which has the support of the Arbitrum community….
Transactions in Arbitrum Are Now Supported by Farcaster
With the addition of support for Arbitrum transactions, the decentralized social network Farcaster has seen an interesting development announced by Arbitrum. The utilization of Arbitrum’s scalable and effective Layer 2…
Arbitrum Foundation Launches Phase Three Funding Program for dApps Development
The Arbitrum Foundation has initiated the third phase of its funding initiative, aimed at supporting decentralized application (dApp) projects. Scheduled to run from April 15 to the end of June,…
AnimeChain: A Collaborative Venture to Revolutionize Anime in the Web3 Era
In a strategic alliance aimed at revolutionizing the anime experience in the web3 landscape, Arbitrum Foundation, Azuki, and Weeb3 Foundation have joined forces to introduce a groundbreaking blockchain-powered anime network….
Legal Concerns Prompt Rework of ArbitrumDAO’s Million-Dollar Donation Proposal to Tornado Cash Developers
In a recent development, an ArbitrumDAO proposal to contribute up to $1.28 million in cryptocurrency towards the legal defense of Tornado Cash developers, Roman Storm and Alexey Pertsev, has been…
Woofi suffers $8.75 million Arbitrum exploit
Woofi offered a bounty after a $8.75M exploit. WOOFi offered a 10% white hat reward. The Arbitrum network swap offering on the decentralized finance platform WOOFi was the target…
Radiant Capital Resumes Operations on Arbitrum After $4.5 Million Ethereum Security Breach
Radiant Capital has successfully reopened its lending and borrowing markets on Arbitrum following a meticulous security review conducted by OpenZeppelin, independent Ethereum researchers, and white hat experts. This decision comes…
Arbitrum’s Quick Comeback: Weathering the Storm of a Brief Network Glitch
Arbitrum recently hit a little speed bump, and we thought you might want to know how it all went down. It’s like when your Wi-Fi blinks out for a second…
Offchain Labs Launches Arbitrum Stylus Supporting Multiple Programming Languages on Ethereum
There are several new blockchain projects which have emerged to address the limitations of the traditional blockchain technology. While some projects work to enhance the transaction time and lower the…
Compound and Arbitrum Join Forces to Transform Crypto Lending
In a groundbreaking move set to transform the landscape of decentralized finance (DeFi), Compound, the leading decentralized lending protocol, has successfully deployed on the Ethereum Layer-2 solution Arbitrum. Earlier during…
USDC to Go Live on Arbitrum, Gradually Replacing Ethereum-Bridged Version
Stablecoin issuer Circle has revealed its plans to introduce USDC (USD Coin) on the Arbitrum blockchain. This move signifies that the native USDC issued by Circle will serve as the…