Arbitrum ($ARB) Foundation Allocates $215 Million to Boost Gaming Ecosystem

The Arbitrum Foundation, which supports the Ethereum-based Layer 2 network Arbitrum, has announced a significant investment aimed at fostering the gaming industry within its ecosystem. Over the next three years, the foundation will allocate 225 million Arbitrum (ARB) tokens, valued at about $215 million, to the newly created Gaming Catalyst Program (GCP). According to a […]

Simplifying Crypto: Robinhood Wallet’s Leap into Layer 2 with Arbitrum

Robinhood is well-known as a financial services company that offers a trading platform accessible via a mobile app and website. Robinhood has gained popularity for democratizing investing by offering commission-free trades of stocks, exchange-traded funds (ETFs), and cryptocurrencies. This approach has made financial markets more accessible to a broader audience, including younger and more tech-savvy […]

Ethereum’s Secret Weapon: The Rise and Dominance of Arbitrum

In a recent interview with Forbes, Steven Goldfeder, CEO and Co-Founder of Offchain Labs, discussed the growing trend of Ethereum Layer 2 solutions like Arbitrum and their role in boosting the scalability of the Ethereum blockchain, thereby complementing rather than competing with it. According to Goldfeder, Ethereum stands out among Layer 1 platforms due to […]

Arbitrum Set for a Boost with Circle’s Native USDC Launch

In a move set to enhance the functionality of the Arbitrum ecosystem, Circle, the “global financial technology company helping money move at internet speed,” has announced the upcoming launch of its stablecoin, USDC, on the platform. Slated for June 8, 2023, this development will replace the existing Ethereum-bridged version of USDC with a native version. […]

Crypto Whales Cash in on Arbitrum’s ($ARB) Meteoric Rise Amid Ethereum Scaling Solution’s Success

Two large cryptocurrency investors have recently divested substantial holdings on the native token of Ethereum scaling solution Arbitrum, $ARB, after the price of the cryptocurrency was airdropped to investors and saw its value surge over 250%. According to data from blockchain analytics platform Lookonchain, one of the whales selling tokens was the largest buyer of […]

$ARB: Ethereum’s L2 Scaling Solution Arbitrum Gains Traction as Coinbase Adds Support

Leading US-based cryptocurrency exchange Coinbase has announced the addition of trading support for Arbitrum ($ARB), the governance token of the Ethereum layer-2 (L2) scaling solution, and a direct competitor to Polygon ($MATIC). According to Offchain Labs, the startup developing this popular Ethereum L2 scaling solution, Arbitrum is an “optimistic rollup” that offers the following benefits: “Trustless security: […]

Coinbase Adds Arbitrum’s Highly Anticipated Token $ARB Token to Its Listing Roadmap

Nasdaq-listed cryptocurrency trading platform Coinbase has added Arbitrum’s $Arb, a highly anticipated governance token the Ethereum layer-2 scaling solution is airdropping in the near future, to its listing roadmap, which outlines the digital assets that will be traded on the exchange in the near future. Arbitrum is a layer-2 scaling solution for the Ethereum network […]

Arbitrum Becomes First Rollup To Surpass Ethereum Mainnet in Daily Transactions

On Wednesday (February 22), Ethereum layer 2 (L2) scaling solution Arbitrum announced that it had reached a significant milestone. According to Offchain Labs, the startup developing this popular Ethereum L2 scaling solution, Arbitrum is an “optimistic rollup” that offers the following benefits: “Trustless security: security rooted in Ethereum, with any one party able to ensure correct Layer […]

Norwegian Government ‘Embracing Public Ethereum’, Says Symfoni Founder and CEO

On Friday (June 24), Jon Ramvi, founder and CEO of blockchain startup Symfoni, which is sponsored by Etheruem Foundation, said that “the Norwegian Government just announced that they are releasing a solution on public Ethereum.” A Twitter thread posted by Ramvi on June 24 had this to say about this solution (“a cap tables platform […]

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