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Arbitrum
Arbitrum Temporarily Stopped Processing Due to Software Bug
The Ethereum layer 2 network went out of service for several hours due to a bug in the sequencer and a resulting transaction backlog that stressed the network. A fix was deployed and the network is now processing again.

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’
The upgrade, a hard fork proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun DAO.

Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day
The price of the DEX’s native chr token jumped 25% in 24 hours.

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch
The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.

Arbitrum Co-Founder Addresses DAO Vote Fiasco
Steven Goldfeder, CEO of Offchain Labs, which built Arbitrum, discusses at Consensus 2023 the controversial vote that enraged the Arbitrum community.

Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’
Offchain Labs CEO Steven Goldfeder took pains to differentiate his company, which built Arbitrum, from the newly created Arbitrum DAO that now controls it.

Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum
The platform offers another venue to trade digital assets.

Arbitrum Airdrops $120M to Projects; Some Dump, Some Look to Bolster Themselves
Not everyone is aiming for community growth and market capture with the ARB stimulus.

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape
Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?
