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news-imageJune 21, 2024

Arbitrum Profits Skyrocket After LayerZero's ZRO Token Launch

TL;DR The launch of LayerZero's ZRO token on June 20 caused a 16,680% increase in Arbitrum's daily revenue, reaching $3.43 million. To claim the ZRO token, users must donate 10 cents in USDC, USDT, or ETH per token, which increased gas fees on ARB to an average of 89 cents.
Publisher: Crypto Economy
Sentiment: Positive
ARB
ZRO

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Positive
cover-imageCryptonews
November 13, 2024

BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Positive
cover-imageCrypto Economy
November 13, 2024

PayPal's PYUSD Enables Cross-Chain Transfers Between Ethereum and Solana with LayerZero Integration

TL;DR PayPal has integrated its stablecoin, PayPal USD (PYUSD), with the cross-blockchain bridging protocol LayerZero, enabling seamless transfers between Ethereum and Solana. This integration aims to enhance transaction efficiency, reduce liquidity fragmentation, and provide users with faster, more secure, and cost-effective options.

Neutral
cover-imageCrypto Reporter
November 3, 2024

Arbitrum (ARB) Decline Continues While This New Exchange-Based Token Might Flip Fantom (FTM) in Market Cap

The crypto market swung low, which might be the last big discount before a parabolic run. Reflecting bearish sentiment, the underwhelming performance of Arbitrum (ARB) continues. However, DTX Exchange (DTX), a new exchange-based token, has defied the broader market trend by exploding in presale. It has raised over $6.

Positive
cover-imageBitcoin
October 27, 2024

What is Layerzero? A Beginner's Guide

Learn about Layerzero, a genuine solution for blockchain interoperability, promising to tackle key issues of security and liquidity fragmentation. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space.

Neutral
cover-imageThe Currency Analytics
October 24, 2024

Arbitrum's Big Test: Will the $0.61 Resistance Hold or Break

Arbitrum (ARB) finds itself at a critical juncture in the cryptocurrency market, with its price hovering near the significant resistance level of $0.61. The current trading environment suggests that bullish momentum is building, leading many traders and investors to speculate whether ARB can successfully break through this barrier.

Positive
cover-imageThe Currency Analytics
October 22, 2024

Top Altcoins to Consider for the Upcoming AltSeason

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

Positive
cover-imageCoingape
October 21, 2024

Ethereum's Vitalik Buterin Reveals Vision for ApeCoin, Zuzalu, and Other DAOs

Ethereum co-creator Vitalik Buterin on Monday said he hopes to witness the future decentralized autonomous organization (DAO) having more ways to obtain highly decentralized and permissionless formal membership. Buterin claims any currency is permissioned currently and there is even a continuous tradeoff space between the ApeCoin and ZuVillage levels of permissionedness.

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