More than a year after its initial announcement, Arbitrum launched Timeboost yesterday.
This new chain, built by Ethena Labs and Securitize, is designed to be the settlement layer for on-chain finance and RWAs. Celestia provides the underlying infrastructure.
Arbitrum launched Converge, a new blockchain-focused on tokenizing real-world assets (RWAs) and boosting on-chain finance.
Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize, Converge aims to bring billions of dollars in stable assets into decentralized finance (DeFi).
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform's native token, IMX, in late March.
TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.
The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.
Noble plans to expand its capabilities by launching Applayer. AppLayer is an Ethereum-compatible rollup that will help developers to create RWA applications.
The total value of real-world assets (RWAs) on the Arbitrum network has surged over 1,000-fold since the start of 2024.
Noble, a blockchain for issuing real-world assets (RWA) and stablecoins, announced Wednesday that it will expand its platform by introducing “AppLayer,” an Ethereum-compatible rollup that allows developers to create their own RWA applications and infrastructure.
Celestia launches MAMO-1 testnet with 128MB blocks and 21.33MB/s throughput Celestia aims for 1GB blocks, but TIA token struggles amid tech progress
Modular blockchain Celestia has launched a new testnet, mamo-1, designed to push the network's scalability to new extremes ahead of future mainnet upgrades. According to an Apr.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.
Crypto prices had a mixed performance last week, with popular tokens like Onyxcoin, Fartcoin, Jasmy, Hyperliquid, and Helium soaring. Other altcoins like Tezos, EOS, Movement, Toncoin, and Ethereum crashed by double digits.
TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
Arbitrum was one of the early layer-2 blockchain solutions that amassed mainstream popularity with many crypto holders adding this token to their long term bag as well.
Arbitrum DAO is at the center of a voting manipulation controversy after one user spent 5 ETH worth around $10,000 to buy 19.5 million ARB ($6.5 million) votes. Crypto analyst Ignas shared the incident on X, noting that it could have massive consequences for decentralized governance.
Arbitrum DAO faces scrutiny as vote-buying through Lobby Finance sparks debate over decentralized governance, highlighting vulnerabilities in token-weighted voting systems and calls for reform within blockchain-based decision-making processes. The post Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity appeared first on Cryptonews.
A recent vote-buying incident within Arbitrum DAO has raised concerns about the viability of decentralized governance as investors exploit on-chain mechanisms to acquire influence through borrowed voting power. According to an April 8 report by crypto analyst Ignas, a user identified as hitmonlee.eth spent 5 Ethereum (ETH), approximately $10,000, to obtain 19.
TL;DR Immutable will merge its two main blockchain solutions, Immutable X and zkEVM, into a single unified chain, simply named “Immutable.” This integration will consolidate hundreds of millions of dollars in assets and optimize the Web3 gaming ecosystem, all without requiring any action from users.
DAO governance is under threat, as shown by the latest case where one user spent just $10,000 to influence a key decision on Arbitrum.
The total cryptocurrency market capitalisation has dropped sharply to $2.4 trillion, down from its December 2024 peak of $3.9 trillion. This close to 40% contraction over roughly four months reflects growing investor unease amid escalating geopolitical and economic tensions.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
Despite a series of major initiatives in the first quarter of this year, Injective has seen its price continue to trend downward, now sitting in the deep oversold zone.
Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.
Immutable's (IMX) price has been on a significant downtrend recently, falling to multi-year lows. The token has suffered a sharp decline, and its price is currently hovering around $0.433.
Arbitrum DAO spends millions on attracting users and protocols. However, most of these gains are short-lived, says Pink Brains.
CLS Global, a crypto market maker registered in the United Arab Emirates, has been hit with a $428,000 fine for wash trading of the FBI's bait token NexFundAI.
TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.
The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.
WisdomTree's giving institutions access to their tokenized funds across Arbitrum, Base, Avalanche, Ethereum and Optimism with its WisdomTree Connect, the team exclusively told Blockworks.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
TL;DR VanEck launched an ETN linked to Celestia, allowing investment in the TIA token without directly managing digital assets. TIA uses a modular model that separates consensus and data, making it easier to create customized blockchains. The product, domiciled in Liechtenstein, has a NAV of $8.28 and manages $27.75 million in assets with a 1.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia. Celestia is a modular blockchain designed to scale decentralized applications.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.
Slovak Prime Minister Robert Fico is getting flak from opposition leaders for failing to avert U.S. car tariffs hanging over his country, a major automotive producer in Europe. The political attack came after President Donald Trump's decision to slap a 25% levy on all foreign-made cars next month.
Crypto whales bought Optimism (OP), Dogecoin (DOGE), and Worldcoin (WLD) in recent days. OP saw a rise in large holders despite being down 73% over the past year, while DOGE whale wallets climbed to a two-week high as meme coin sentiment shows signs of recovery.
Just last week at the Game Developers Conference, I caught up with two key members of the Arbitrum Gaming Catalyst Program (GCP): Daniel Peng, founding partner, and Rick Johanson, founding partner and VP.
TL;DR Arbitrum DAO has been operating at a loss, spending $231 million while generating $107 million in revenue, yet 2025 is projected to become its most profitable year. Over 95% of its earnings come from transaction fees, with Layer 2 (L2) surplus fees standing out as the dominant income source.
Arbitrum DAO's earnings and plans for raising more revenue in the coming months and years for its network were shared by Entropy Advisors, a platform that monitors decentralized autonomous organization (DAO) development and governance on Arbitrum.
Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center.
Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.