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Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds
19.4.2024
Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...
Offchain Labs announces the launch of Arbitrum BOLD Testnet
16.4.2024
Offchain Labs is ecstatic to announce the launch of a technological revolution: the Arbitrum Bold testnet is now operational. Arbitrum Bold, which is powered by fraud-proof systems for rollups, will be the dispute resolution mechanism of the future years. It represents an additional achievement...
BitGo embraces ARB token, Enhancing Arbitrum’s Layer 2 capabilities
10.4.2024
BitGo decided to back ARB, a conventional ERC-20 governance token for Arbitrum, wherein customers can custody ARB in hot, custodial, and cold wallets. Added to that is the self-managed cold wallets. Arbitrum is a Layer 2 technology created to improve upgrading services by strengthening users’...
Projected daily $5M inflows spark interest in BlockDAG following V2 Whitepaper release alongside rising AGIX and Arbitrum values
10.4.2024
Following the publication of the BlockDAG Version 2 whitepaper, there’s a widespread expectation among industry specialists of a daily $5 million inflow, underscoring strong confidence in its cutting-edge technology and its potential in the market. This anticipation is in tandem with...
Base outpaces Arbitrum and Ethereum, leading with 48M transactions
8.4.2024
According to recent data, Base, Coinbase’s Layer-2 scaling solution, surpassed Ethereum [ETH] and Arbitrum [ARB] in terms of daily transaction volume. Based on L2Beat data, a tight competition for supremacy developed among the L2s. Base led the field with a noteworthy 47.78 million...
Boost your Arbitrum Orbit with Celestia’s Blobstream
3.4.2024
The Celestia team announced that Blobstream is the latest innovation undertaken for Arbitrum projects. This allows developers freedom of choice to set up their own blockchain networks and oracle chains and leverage Celestia into their architecture for the vital role of availability data. Orbit...
Google Enhances Search Features to Include Crypto Wallet Balance Search Across Multiple Blockchains
29.3.2024
Google has recently enhanced its search features to enable users to search for wallet balances across various blockchains, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom.
The post Google Enhances Search Features to Include Crypto Wallet Balance Search Across Multiple...
Arbitrum teams up with Azuki
28.3.2024
Arbitrum, which is an Ethereum Layer 2 network, teams up with NFT collection Azuki to introduce Japanese animation series, anime, within the blockchain universe. With the name AnimeChain, the platform aims to leverage Arbitrum’s market capitalization of $4.3 billion, Azuki’s expanding...
Chateau debuts on Arbitrum One: A new era begins
27.3.2024
The Chateau Capital team is excited to announce the launch of the Chateau app on Arbitrum One Network, which is considered a significant milestone in opening investments to the global arena. Investors worldwide are now allowed to venture through and invest in the leading product of Chateau, Chateau...
Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
20.3.2024
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform. Additionally, following Ethereum’s Dencun upgrade, other L2 networks...
Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit
20.3.2024
Playnance has announced the scheduled launch of PlayBlock, a Layer-3 gaming ecosystem developed on the Arbitrum Orbit.
The post Playnance Introduces Gaming Layer-3 PlayBlock on Arbitrum Orbit appeared first on Cryptonews
Reddit Community Token MOON Hits Record High Ahead of Celer's Multidirectional Bridge Launch
18.3.2024
From March 20, interoperability protocol Celer will allow MOON holders to move coins to Arbitrum One
Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs
15.3.2024
Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...
Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund
15.3.2024
Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years.
The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews
The Graph Expands Subgraph to More Than 40 Blockchains Including Arbitrum, Base
14.3.2024
The indexing layer is also expanding to Avalanche and Celo
Layer 2 Blockchains Become Cheaper After Ethereum's Dencun Upgrade
14.3.2024
The upgrade allows layer 2 solutions to store data in "blobs" instead of the expensive call data
Debating Dencun: Will Ethereum's Big Update Help or Harm the Network?
13.3.2024
While Ethereum's rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire
Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live
13.3.2024
Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks
Ethereum Activates 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees
13.3.2024
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular transactions, and at a lower cost
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
13.3.2024
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims...