ARBITRUM
Arbitrum is a Ethereum layer 2 scaling solution designed to provide high-throughput, low-cost smart contracts. It leverages industry-leading proving technology to ensure security and efficiency. Arbitrum's offerings, including Arbitrum One and Nova, are powered by Nitro, a proprietary technology stack that delivers 7x more throughput than Ethereum and lower fees without compromising security. The platform supports a wide range of decentralized applications, wallets, and tools, making it a hub for DeFi, Web3 social, and gaming. The upcoming Stylus feature will allow users to deploy programs written in popular languages alongside existing Solidity dApps on the Arbitrum blockchain.
WOOFi Exploited on Arbitrum, Swift Response Contains Threat
WOOFi, a decentralized exchange, suffered an $8.5 million exploit on Arbitrum due to token price manipulation. The platform swiftly contained the threat and is working to retrieve funds and enhance security.
Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access
Robinhood Wallet partners with Arbitrum to offer users seamless swaps on Layer 2, enhancing DeFi accessibility and experience.
Wormhole Foundation Launches STIP Grant with 1.8M ARB to Boost Arbitrum Ecosystem
The Wormhole Foundation's STIP Grant, funded by a 1.8M ARB grant from Arbitrum DAO, incentivizes USDC migration to Arbitrum to enhance liquidity and network growth.
Arbitrum DAO Explores Grants to Boost Web3 Gaming Development
Arbitrum DAO is discussing grants to support Web3 gaming, with phases of development receiving $100,000 to over $1.5 million. This effort aims to capitalize on the growing $272 billion gaming industry, enhance Arbitrum's gaming ecosystem, and position it competitively in the Web3 space.
Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings
Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.
Arbitrum Community Pilot: Voting on the Distribution of 25 to 45 Million ARB in Long-Term Incentives
Arbitrum community votes on a pilot program to distribute 25 to 45 million ARB tokens as long-term incentives to protocols on its platform, aiming to enhance ecosystem growth and innovation.
Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto
The recent implementation of ArbOS 11 by the Arbitrum community introduces key improvements, including EVM Shanghai support and gas efficiency enhancements, fostering optimism in the crypto market for ARB.
Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem
Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.
Radiant Capital Suffers $4.5M Flash Loan Attack
Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations.
Arbitrum One Achieves a Historic $10 Billion TVL Milestone
Arbitrum One's recent surge to a $10.22 billion TVL not only marks a major milestone for Ethereum Layer 2 networks but also highlights its growing acceptance and diverse asset portfolio, following a substantial funding journey and robust technology development.