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Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion
16.9.2021
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market...
Solana and Arbitrum knocked offline while Ethereum evades attack
15.9.2021
Solana’s validators are preparing a new release after the network was brought down by a sudden surge in transaction volume while Ethereum has evaded a malicious attack
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
14.9.2021
Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
Ethereum Users Flock To Arbitrum In Search of Scalability
13.9.2021
cs, the total value locked in Arbitrum is currently USD 2.12bn. When it comes to market shares, it's second on the list, with 30%, right behind Polygon (MATIC) ERC20 Bridge with 34%, and ahead of 20%
Arbitrum’s TVL surges to $1.5B as DeFi degens ape into ArbiNYAN
13.9.2021
More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than 90% in 24 hours
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
12.9.2021
Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of more than 1 billion just today after a rumor started in social media that the protocol might be planning...
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?
10.9.2021
Ethereum layer-twos reportedly processing more transactions than BTC
7.9.2021
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage
Shanghai Man: Billionaire buys CryptoPunks, Arbitrum finds traction, markets ignore warnings
3.9.2021
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
2.9.2021
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live...
Offchain Labs launches Arbitrum One mainnet, secures $120M in funding
1.9.2021
More than 400 teams are already building on Arbitrum One
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution
13.8.2021
Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens
23.7.2021
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top...
Hop Protocol launches USDC bridge between Ethereum, Polygon, and xDai
13.7.2021
Hop plans to roll out support for additional crypto assets and layer-two networks in the coming weeks
DODO Becomes First Member of DeFi Suite of Arbitrum
3.6.2021
In an important announcement, Arbitrum has included DODO in its suite of decentralized applications (dApps). This inclusion will help bring the desired amount of liquidity to the network of multiple blockchains, thereby helping the segment further its influence and appeal among prospective users...
Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols
29.5.2021
The optimistic rollup network enjoyed had a popular, if rocky, beta launch
Uniswap v3 looks set for layer-two scaling on both Arbitrum and Optimism
27.5.2021
Uniswap is now planning layer-two deployments on both Arbitrum and Optimism