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Paxos International has launched its yield-bearing stablecoin Lift Dollar on Ethereum layer-2 network Arbitrum. The UAE-based subsidiary of Paxos, regulated by Abu Dhabi's Financial Services Regulatory Authority, announced the expansion of Lift Dollar (USDL) to Arbitrum (ARB) on Oct.
Paxos International, a UAE-based affiliate of Paxos, announced that the yield-bearing stablecoin issued by a regulated entity – Lift Dollar (USDL) – is now available on the popular Layer 2 chain Arbitrum.
Story Highlights The live price of the ARB token is . Arbitrum Price may reach a maximum of $1.52 by the end of 2024. With a potential surge, ARB coin price may go as high as $11.59 by the end of 2030.
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.
Arbitrum (ARB) is currently in the spotlight. Recently, it has exhibited signs of a bullish pattern, raising hopes among traders and investors alike.
TL;DR In the last week, Cronos, AAVE, and Toncoin have registered a notable increase in transactions by large investors or whales, suggesting a potential rise. Cronos (CRO) experienced a 255% increase in whale activity, driven by the launch of the zkEVM public mainnet and new strategic partnerships.
Large transaction volumes have dropped from a weekly high of 342 million to 93 million.
Some 63% of web3 whitehats now consider hacking to be their primary job, up from 56% in 2023, according to Immunefi.
Layer 2 blockchain Arbitrum is doubling down on Asia with a “strategic bet” on the region's growth.
The crypto weekend witnessed ease from the border market selling pressure fueled by the escalating conflict between Israel and Iran. As Bitcoin holds support above $60,000, most major altcoins, including ARB.
Ubisoft, in partnership with Magic Eden and Arbitrum Foundation, is launching a 10,000-piece NFT collection for the upcoming game Captain Laserhawk: the G.A.M.E.
Magic Eden will soon be minting Ubisoft's upcoming 10,000-piece NFT collection on the Ethereum scaling network Arbitrum to give holders early access to the new game. Minted on the Ethereum layer-2 scaling network Arbitrum, the new Niji Warrior ID NFTs unlock early access to the top-down shooter, enable participation in the game's governance model and
TL;DR Magic Eden and Ubisoft have launched a collection of NFTs based on “Captain Laserhawk: The GAME” on the Arbitrum blockchain. The collection consists of 10,000 NFTs that offer rewards and participation in game governance decisions. This collaboration represents Arbitrum's first mint at Magic Eden.
Holding an NFT for the multiplayer shooter game gives users access to rewards, content generation and influence over governance decisions.
Arbitrum One, a leading Ethereum Layer 2 solution, has achieved over 1 billion transactions since launching its mainnet in August 2021, highlighting its growing dominance in the Layer 2 sector.
Arbitrum One leads in total value locked (TVL) among Layer 2 solutions, currently boasting $14.3 billion.
TL;DR Arbitrum has surpassed 1 billion transactions since its launch in August 2021, establishing itself as the leader in Layer 2 protocols. With a total value locked (TVL) of $2.5 billion, it positions itself ahead of Base, which has a TVL of $2.2 billion.
Arbitrum recently made headlines by breaking 1 billion transactions, a monumental number for decentralized finance. Data coming in from GrowThePie reveals that operations in DeFi alone make up over 20% of all transactions; the layer 2 scaling solution proves to be widely relevant to Ethereum.
Arbitrum One has recorded a total of 1 billion transaction, a feat it attained after 3 years of launch.
Arbitrum One, a Layer 2 rollup for Ethereum, has surpassed 1 billion transactions since its mainnet launch in August 2021.
Arbitrum has more than 1B cumulative transactions, of which close to 20% went to DeFi activity. Arbitrum achieved organic growth after launching as a high-profile VC-backed project.
Addressing common misconceptions about Timeboost, a new transaction ordering policy proposed for Arbitrum chains, and clarifying its impact on MEV and transaction ordering.
Top US-based crypto exchange Coinbase is teasing its new wrapped version of Bitcoin (BTC) to Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB). In a new announcement on the social media platform X, Coinbase Assets tells its audience that Coinbase Wrapped Bitcoin (cbBTC) is “coming soon” to the smart contract platform Arbitrum.
