Arbitrum


Finance

Worldcoin Hype Causes Optimism to Leapfrog Arbitrum in Daily Transactions

Worldcoin's token has more than 250,000 holders just two days after it launched.

A user from GCR getting their iris scanned with a Worldcoin Orb in Paris on July 21. (Eliza Gkritsi/CoinDesk)

Finance

Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly

Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.

Lybra Finance launched its version 2 test network on Arbitrum Wednesday morning. (Getty Images)

Finance

Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours

After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.

(Unsplash)

Web3

Digital Art Platform Prohibition Taps Arbitrum to Democratize Generative Art

Created by Web3 innovation studio VenturePunk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine.

Prohibition (VenturePunk)

Tech

Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live

This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.

Chainlink CEO Sergey Nazarov (Chainlink Labs)

Tech

Ethereum’s Layer 2 Teams Want You to Clone Their Code

By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Finance

Blur, Arbitrum Lead Altcoin Surge as Traders Anticipate Bull Run

Trading volume for Blur has increased by 1,240% in the past 24-hours after it was listed on Upbit.

(Mar Cerdeira/Unsplash)

Finance

Wintermute Backs DEX Vertex Protocol in Strategic Investment

The amount of the investment wasn’t disclosed and Wintermute will provide liquidity services to the decentralized exchange.

Vertex Protocol co-founder Darius Tabatabai (Vertex)

Tech

The Graph Migrates its Settlement Layer to Arbitrum from Ethereum

The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.

(Barth Bailey/Unsplash)

Tech

Circle Rolls Out Support for USDC Stablecoin on Arbitrum

Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle (CoinDesk)