Arbitrum DAO Approves $70 Million Transfer to DeFi United Fund
The Arbitrum L2 network community has endorsed the transfer of 30,765 ETH, valued at $70 million, to the DeFi United fund.Latest news on the Arbitrum blockchain project aimed at scaling Ethereum. Expert analysis and forecasts on the price of Arbitrum (ARB) cryptocurrency.
Arbitrum DAO Approves $70 Million Transfer to DeFi United Fund
The Arbitrum L2 network community has endorsed the transfer of 30,765 ETH, valued at $70 million, to the DeFi United fund.
Aave Seeks Court Order to Release 30,000 ETH Seized by Hackers
The Aave team filed an emergency motion in a US federal court to lift the freeze on 30,766 ETH blocked by Arbitrum after the Kelp hack.
New York Court Bars Arbitrum from Unfreezing 30,000 Stolen ETH
The Arbitrum Security Council has been prohibited from interacting with 30,000 ETH frozen after a hacker attack on Kelp.
Arbitrum DAO to Vote on $71 Million Transfer to DeFi United Fund
The governance of the L2 network Arbitrum has initiated a vote on transferring 30,766 ETH (~$71 million) to the DeFi United fund, established to aid the sector's recovery following the Kelp hack.
Arbitrum Council Member Calls for USDC Boycott
Griff Green of Arbitrum accused Circle of not blocking hackers' funds, unlike Tether. He argues USDC leadership prioritizes profit over security.
Arbitrum freezes 30,766 ETH amid probe into Kelp hack
Arbitrum’s Security Council took “emergency measures” and froze 30,766 ETH (~$71.2m) stolen from the Kelp protocol.
ETHZilla Tokenizes Aircraft Engines on Arbitrum
ETHZilla has introduced the Eurus Aero Token I. The instrument is issued on the layer-two network Arbitrum and is tied to real assets—aircraft engines.
Robinhood Launches L2 for Asset Tokenization Amid Revenue Decline
The online broker Robinhood has launched a public testnet for its own network, Robinhood Chain. This L2 solution is based on Arbitrum, focusing on RWA and DeFi.
New Rival to Hyperliquid Launches Mainnet
The DEX for trading perpetual contracts, Lighter, based on Arbitrum, has announced the full launch of its L2 network after eight months of beta testing. The TGE is expected by the end of the year.
Arbitrum Developers Launch Onchain Labs Incubator
Developers of Arbitrum from Offchain Labs, in collaboration with the Arbitrum Foundation, have launched the Onchain Labs incubator to support “innovative and experimental” dapps in the L2 network. Introducing Onchain Labs, in partnership with @arbitrum. While we continue to innovate scaling infra, today we also look to empower the Arbitrum app layer. ? pic.twitter.com/acIr4Ii9wD — […]
Berachain Surpasses Base and Arbitrum with $3.2 Billion TVL
The total value locked (TVL) in Berachain has risen to $3.24 billion, placing the network in sixth position, ahead of Base ($3.21 billion) and Arbitrum ($2.91 billion). Over the past seven days, Berachain’s TVL increased by 20% amidst a general downturn among its competitors. Source: DeFi Llama. Berachain hosts 33 protocols. The leading platform is […]
Ethereum’s L2 Developers Agree on Implementing ‘Based’ Rollups
Representatives from leading Ethereum L2 projects have pledged to work on implementing so-called based rollups to enhance security and reduce network fragmentation. According to Jesse Pollak, head of Base, “based” rollups are a flexible and powerful tool. Their implementation will strengthen connectivity with L1. Ben Jones, director of the Optimism Foundation, added that the new […]We use cookies to improve the quality of our service.
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