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Robinhood is well-known as a financial services company that offers a trading platform accessible via a mobile app and website. Robinhood has gained popularity for democratizing investing by offering commission-free trades of stocks, exchange-traded funds (ETFs), and cryptocurrencies.
Robinhood Wallet Arbitrum integration expanded for cheaper and faster token swaps on Ethereum's Layer 2 network.
Trading platform Robinhood (NASDAQ: HOOD) on Thursday announced plans to integrate Arbitrum (CRYPTO: ARB), a leading layer-2 Ethereum (CRYPTO: ETH) blockchain, into its Robinhood Wallet. What Happened: The collaboration aims to facilitate easier and more efficient crypto swaps for its users and represents a bridge between traditional financial platforms and the burgeoning world of decentralized finance (DeFi).
In a groundbreaking move within the crypto trading sphere, Robinhood, a leading stock and cryptocurrency trading platform, unveiled plans to incorporate Arbitrum swaps into its Robinhood Wallet. This announcement was made at ETHDenver, signifying a significant leap forward in providing users with enhanced access to decentralized finance (DeFi) opportunities.
Robinhood Wallet users can leverage low costs and fast transaction speeds on Arbitrum's scaling solutions.
Robinhood Wallet has teamed up with Arbitrum to enable swaps on the largest Ethereum Layer 2 network by total value locked.
Users of Robinhood's self-custody wallet will have access to Arbitrum swaps in the next coming months.
Korean firm specializing in web3 and blockchain Dispread announced a partnership with a second-level solution on Ethereum Arbitrum. According to a press release on Feb.
TL;DR Stake.link offers liquid Chainlink staking on Arbitrum, reducing gas fees. Users receive stLINK tokens for their staked LINKs, maintaining liquidity and rewards. Chainlink's “Economy 2.0” integration via CCIP into Arbitrum improves DeFi interoperability. The DeFi (Decentralized Finance) ecosystem continues to evolve with innovations that seek to improve accessibility and efficiency for users.
The Wormhole Foundation's STIP Grant, funded by a 1.8M ARB grant from Arbitrum DAO, incentivizes USDC migration to Arbitrum to enhance liquidity and network growth.
Chainlink users can now use liquid staking on Arbitrum with Stake.link, offering lower gas fees and higher yields.
LINK liquid staking can be done with lower gas costs on Arbitrum via stLINK, the liquid staking token of Stake.link.
The cryptocurrency market is abuzz with anticipation as Ethereum's Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season.
Arbitrum (ARB), the Ethereum Layer 2 scaling solution, has been facing a bearish week after failing to establish a new price floor and falling below the $2 level. Additionally, the unlocking event scheduled for March could negatively impact the token's price.
In a dynamic turn of events within the non-fungible token (NFT) market, Arbitrum has emerged as a frontrunner, showcasing an impressive 111% surge in NFT sales within the past 24 hours. This surge has not only surpassed its counterparts Ethereum and Solana but has also underscored Arbitrum's growing prominence in the NFT ecosystem.
The cryptocurrency world transforms significantly as Ethereum prepares for its highly anticipated Dencun update. Guy Turner, a respected crypto analyst and Coin Bureau YouTube channel host, has chimed in on the potential growth of Ethereum's Layer-2 projects in light of this upcoming update.
ARB's revenue sharing model raises concerns over incentives provided to native holders.
Arbitrum, a prominent roll-up protocol within the Ethereum ecosystem, has announced a remarkable milestone with a reported revenue of $72.8 million over the past year. This significant achievement underscores the protocol's pivotal role in advancing layer-2 scaling solutions, addressing Ethereum's scalability challenges.
Reaching a remarkable milestone to showcase the potential of layer-2 scaling solutions, Arbitrum has reported a staggering $72.8 million in revenue over the last 365 days. This figure underscores the protocol's significant contribution to the Ethereum ecosystem.
In a recent twist of events, the native token of Arbitrum, a blockchain network designed to amplify Ethereum's scalability, has encountered a turbulent journey marked by a significant price correction. Within the past 24 hours, the token's value descended to $1.84, experiencing a 9% decline, sparking heightened attention and vigilance from investors.
This drop, influenced by factors like heightened selling and bearish indicators, prompts concerns about its immediate direction but also underscores its potential in the long run.
Arbitrum (ARB), the Ethereum Layer 2 scaling solution, has experienced a recent price drop, falling below the $2 mark after a brief attempt to establish a new price floor. This decline, attributed to several factors including increased selling pressure and bearish technical indicators, raises questions about the token's short-term trajectory while highlighting long-term potential.
Arbitrum took an almost 9% hit in the last three days, with its price falling below $2.
Arbitrum Foundations strategic partnership with Dpop Studios underscores a groundbreaking endeavor to finance an ambitious film project titled New Here, set to unravel the captivating world of digital art through the eyes of a newcomer navigating the complexities of the crypto universe. A Cinematic Journey of Innovation It is led by acclaimed producer Shane Boris, whose distinguished work includes the Academy Award-winning documentary Navalny.
