Ethereum rollup: the crypto project Omni Network launches the mainnet on Arbitrum and Optimism
Omni Network, a crypto project aiming to unify the world of Ethereum layer-2 rollup, has just arrived on mainnet.
Keep up with what's happening in the crypto world in real-time.
Omni Network, a crypto project aiming to unify the world of Ethereum layer-2 rollup, has just arrived on mainnet.
TL;DR DODOchain, the first Omni-Trading Layer3 solution, powered by Arbitrum Orbit, EigenDA and AltLayer. Integration of layers to consolidate liquidity from different blockchains into a unified platform. Strategic collaboration with Arbitrum, Eigenlayer and AltLayer to improve scalability, efficiency and security.
DODO (DODO), an on-chain liquidity provider, has unveiled the launch of DODOchain, an industry-first Omni-Trading Layer3 powered by Arbitrum Orbit, EigenLayer, and AltLayer.
A decentralized finance (DeFI) protocol has been hacked to the tune of millions of dollars over the Ethereum (ETH) and Arbitrum (ARB) blockchains. In a new announcement, cybersecurity firm Cyvers says that DeFi platform Hedgey Finance has been breached by bad actors who took at least $1.
The crypto market has suffered yet again, due to a recent exploitation on the ARB chain and a big hack on the Hedgey Finance token claim contract that resulted in a huge financial loss for the protocol.
Token infrastructure platform Hedgey Finance lost approximately $44.5 million of digital assets within two hours across Ethereum's layer-2 network Arbitrum and Binance Smart Chain. In an April 19 statement shared with CryptoSlate, blockchain security firm Cyvers explained that a malicious attacker exploited Hedgey's “createLockedCampaign” function using flash-loaned funds to siphon off the funds.
On-chain token infrastructure provider Hedgey Finance suffered two exploits as attackers leveraged a bug in its token claims contract.
Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet.
The cryptocurrency landscape is constantly evolving, and Binance remains at the forefront of innovation. In its latest move, the platform has rolled out leveraged futures for ARB, NEO, and FIL, injecting a new level of excitement into the market.
Offchain Labs announced the deployment of Arbitrum BOLD on a public testnet. It marks a significant development in the Arbitrum ecosystem.
Arbitrum (ARB) runs the risk of a significant price decline due to its upcoming token unlock on April 16. These token unlock events are known to be a recipe for high volatility because of what could happen in the aftermath of their occurrence.
Arbitrum (ARB), one of the most popular second layers for Ethereum (ETH), threatens a significant sell-off this week. The protocol will unlock over $100 million in tokens in the next few hours of press time, on April 16.
Initially unveiled in August 2023, Bounded Liquidity Delay is a dispute protocol with interactive fraud proofs for optimistic rollups.
BitGo is pleased to announce support for ARB, the native ERC-20 governance token for Arbitrum. Clients can now custody ARB in Hot, Custodial, and Self-Managed Cold wallets.
A widely followed crypto strategist is remaining bullish on one gaming altcoin this market cycle. Pseudonymous analyst Altcoin Sherpa tells his 214,300 followers on the social media platform X that Beam (BEAM) seems to have a lot more upside potential. “BEAM: one of my bags. It's just chilling the last several weeks.
In the fast-paced world of cryptocurrency, Arbitrum emerges as a beacon of potential, offering investors opportunities for strategic investment amidst fluctuating market dynamics. As the cryptocurrency market continues to evolve, understanding Arbitrum's unique position and navigating its market dynamics are essential for investors seeking to unlock its full potential.
ARB's price dipped to $1.43 on the 10th of April before recovering slightly, which hinted at a further price uptick
Altcoin Sherpa, a popular pseudonymous cryptocurrency trader, has expressed bearish sentiments towards Arbitrum (CRYPTO: ARB), expecting the price to drop to $1.20 or lower. What Happened: Sherpa expressed concern over the “nasty price moves” of the Layer-2 Ethereum (CRYPTO: ETH) scaling solution.
TL;DR Base emerges among L2 networks, surpassing Arbitrum as the most active network in April. It added over 1.48 million new active addresses in 9 days, compared to Arbitrum's 1.43 million. The protocol surpasses $4 billion in TVL and leads in transaction volume over Arbitrum and Ethereum.
In the fast-paced world of cryptocurrency, a new player has emerged to shake up the status quo. Coinbase's Base, a layer-two scaling network for Ethereum, has surged ahead to become the third-largest network of its kind, outpacing even Ethereum itself and the popular Arbitrum network.
Coinbase layer-2 network Base has seen a strong start to April with active addresses outpacing Arbitrum.
TL;DR Coinbase's Base protocol has surpassed $4 billion in total value locked (TVL). The protocol has experienced a 22.88% increase in its TVL in the last seven days. In the last 30 days, it has processed a total of 50.50 million transactions, surpassing both Arbitrum and Ethereum in terms of transaction volume.
As the cryptocurrency market experiences fluctuations and shifts in sentiment, Arbitrum (ARB) emerges as a focal point of attention, poised on the brink of a potential resurgence. With recent price movements signaling a reversal of fortunes, investors are keenly evaluating the prospects of ARB and seeking to capitalize on emerging opportunities within the market.
In a significant milestone for Layer-2 (L2) scaling solutions, Base, Coinbase's innovative platform, has surged ahead of Ethereum and Arbitrum in daily transactions. With 48 million transactions processed over the past few days, Base's emergence as a leader in L2 activity heralds a new era for scalability in the cryptocurrency ecosystem.