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Hope Finance exploit results in $2M stolen from users' funds
21.2.2023
An Arbitrum-based algorithmic stablecoin project has fallen prey to a smart contract exploit, seeing $2 million stolen from users
Arbitrum-Based Factor Raises $4M on First Day of Token Offering
21.2.2023
Factor allows users to provide asset management services to communities without learning complex code for deploying such tools
Arbitrum’s User Base Is Fastest Growing Among Leading Blockchains: Bernstein
20.2.2023
It is the only blockchain where liquidity locked is growing, the report said
Arbitrum Native Decentralized Exchange Camelot Growing Massively in February
17.2.2023
The price of GRAIL, the native token for Camelot, has soared 520% since Feb. 1, per CoinGecko
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
Bitget Announced Panda Farm (BBO) Token Sale on Its Re-launched Launchpad Platform
16.2.2023
PRESS RELEASE. Victoria, Seychelles, February 16, 2023 – Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm (BBO), the first completely...
Arbitrum Surges Ahead as Ethereum’s Layer 2 Landscape Takes Shape
15.2.2023
Layer 2 rollups now see more transaction volume than Ethereum’s main network
The Graph scales on Layer 2 after integrating on Arbitrum One
15.2.2023
Popular decentralized query and data indexing platform The Graph recently unveiled Layer 2 scaling. Integrating the platform with Arbitrum One will improve its scalability and security. In addition, the integration will boost the cost-effectiveness of the network participants. The Graph released...
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
13.2.2023
The decentralized futures exchange product has gained a loyal community of users in the past few months
Bitget Expands Innovation Zone With Priority Access to Exceptional Projects
10.2.2023
PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial Intelligence), Arbitrum, and NFT zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens in an early stage....
Arbitrum-Based Radiant Capital Targets Outsized Platform Profitability With V2 Launch
10.2.2023
Radiant has already generated $5 million in fees for users since its July launch
The escrow platform of Unicrow goes live on Arbitrum
7.2.2023
Unicrow has taken to Twitter to announce the launch of its Escrow platform on Arbitrum. The launch of the platform ‘unstoppable’ has been hailed by Unicrow as a historic moment in the crypto industry. The ultimate aim is to minimize the trust requirements of third parties and leverage...
Pocket Network forms a merger with Arbitrum One
7.2.2023
Pocket Network happens to have formed a much official merger with Arbitrum One. This was carried out to facilitate the transfer of the power of the decentralized RPC framework to the chain. Arbitrum one happens to be one of the most sought-after and new-age layer 2 upgrading solutions where...
DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
7.2.2023
The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks
Metaline selects Arbitrum for max utilization of opportunities
7.2.2023
Metaline happens to be extremely excited in making their formal announcement of having selected Arbitrum for their first and formal positioning. The reasons happen to be many, but the prime factor that overtook everything else is the fact that it happens to be, as of date, the quickest-growing...
NFT Market Remains Resilient With 1.23% Increase in Sales, Ethereum Dominates With 81% of Total NFT Settlements
5.2.2023
Non-fungible token (NFT) sales rose slightly last week, increasing 1.23% to $232.49 million in recorded sales. The top two NFT collections, Otherdeed and Doodles, saw growth of 44% to 58% compared to the previous week. Ethereum continues to dominate the NFT industry, accounting for more than 81%...
Options Automated Market Maker Lyra Deploys to Arbitrum Network
3.2.2023
With the Newport upgrade, Lyra is also now integrated with GMX perpetuals, allowing users to benefit from improved capital efficiency and user experience
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse
2.2.2023
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back...
Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures
31.1.2023
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such...