Arbitrum


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)

Tech

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.

Arbitrum Booth(Danny Nelson/CoinDesk)

Tech

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.”

Layered bedrock. (NASA)

Tech

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.

(Getty Images)

Tech

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.

(Pixabay)