Latest News

Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.

Prometheum Capital, an SEC-recognized cryptocurrency firm, has announced the addition of Uniswap (UNI) and Arbitrum (ARB) to its custodial services for US customers. This expansion marks a significant step in the company's ongoing efforts to enhance its cryptocurrency offerings and cater to the growing demand for secure digital asset storage solutions.

Prometheum's custodial arm said it plans to add two new "digital asset securities" to its ranks, UNI and ARB.

The debate on the regulation of cryptocurrencies in the United States

Digital assets firm Prometheum has revealed its plan to offer Uniswap (UNI) and Arbitrum (ARB) custody for US clients alongside Ethereum. Notably, the firm has previously launched Ether custody as a security offering earlier this year.

Prometheum is forging ahead with its strategy to comply with the U.S. Securities and Exchange Commission's view on cryptocurrency transactions by letting two more tokens into its custody operation for crypto securities, whether the rest of the industry agrees or not.

Offchain Labs has released its technical roadmap for Arbitrum, focusing on scalability, decentralization, and developer experience to drive blockchain adoption.

Arbitrum Nova, the AnyTrust chain for Web3 gaming and social applications, is now live on Dune, according to dune.com.

The tie-up will lower the cost of fees for applications built on Nillion and bring Nillion's privacy-preserving data processing to Arbitrum.

This week is crucial for the crypto market as several significant events are on the horizon. These developments encompass the release of the FOMC minutes, updates on EigenLayer, and the introduction of Arbitrum's new staking initiative.

Arbitrum DAO voted on implementing liquidity staking for ARB holders to motivate users to lock their tokens onchain.

The Arbitrum DAO has approved a proposal to boost the ARB token's utility and governance security, with 91% of over 25,000 voters backing the measure.

Central to these updates is the implementation of ARB token staking. This new feature aims to add value and functionality to ARB tokens, though it does not yet include a system for distributing transaction fees to token holders.

Arbitrum (ARB) has recently made headlines with a significant update: it has accepted a proposal to implement liquid staking for its native token. This strategic move aims to address security concerns and enhance the protocol's utility, mirroring Ethereum's approach to liquid staking.

The negative Volume Oscillator of Arbitrum raises concerns about the strength of a breakout. Will ARB rally?

More than 25,000 participants gave the proposal an unanimous 91% approval. At its heart, the proposal is about making the Arbitrum (ARB) token more useful.

TL;DR Arbitrum DAO approved a proposal to enhance the utility of the ARB token and strengthen governance, with 91% support from over 25,000 participants. The proposal introduces ARB staking, allowing holders to stake their tokens in exchange for stARB, which facilitates the accumulation of future rewards.

The Arbitrum Decentralized Autonomous Organization (DAO) has passed a proposal to introduce ARB staking for the largest Ethereum layer-2 network. Staking initiative The proposal, which received overwhelming community support, aims to launch ARB staking to enhance the token's utility and governance participation.

ARB price has been moving downward since the trend reversed after the March mini-bull run. However, with the latest news of the Arbitrum DAO approving a staking proposal, the price of ARB looks to be gearing up for a bullish breakout that could result in over 50% gains in the short term.

With 91.5% approval, the Arbitrum DAO has signaled its support for implementing ARB token staking to enhance governance and security.

Arbitrum (ARB) votes on ways to realign its incentives while avoiding the appearance of high-influence delegates. Arbitrum aims to avoid governance attacks against the DAO treasury.

The Arbitrum DAO has approved a key proposal focused on increasing the utility of the ARB token and bolstering governance security. This staking initiative is set to play a crucial role in maintaining the network's growth and strengthening its resilience.

The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security.

The ARB staking proposal's approval could significantly enhance token utility, governance security, and overall ecosystem engagement. The post Arbitrum DAO approves ARB staking proposal appeared first on Crypto Briefing.