Arbitrum
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.

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.

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.

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.

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.

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.
