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Rarible has cemented its commitment to NFT royalty enforcement by launching a testnet for an EVM-compatible chain with embedded royalties on the node level.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout.
Short positions in two cryptocurrencies have risen in the past 12 to 24 hours, indicating a bearish sentiment in the cryptocurrency market; however, this volume may lead to short-squeeze opportunities for bullish traders.
Arbitrum has an average daily transaction count of around 760,000. However, ARB fell off the $1 price range.
The cryptocurrency market retains a bullish outlook, with digital coins recording impressive price actions throughout November 2023. That comes amid various bullish expectations, including the Federal Open Market Committee minutes and a potential spot Bitcoin ETF approval.
The spot and perp exchange has stamped its spot as the leader on Arbitrum. If GMX continues to ship new features, it could be bullish for price action.
Arbitrum's TVL grew to over $2.1 billion. Transactions recently spiked to around 2.8 million in a single day.
Arbitrum recorded an influx of new account interacting with the network. ARB price increased and may retest $1.10 soon.
The cryptocurrency market is a realm teeming with opportunities. Although the limelight frequently falls on prominent cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), there are a bunch of hidden gems trading below the $5 mark.
Arbitrum began to take up Base's market share. In the DeFi space, a similar pattern was observed.
Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual currencies, causing its native asset to dip. Data from blockchain tracker Lookonchain reveals that $46.5 million worth of digital assets were stolen from KyberSwap, including $20.78 million worth of Wrapped Ethereum (wETH), $9.
The Nubank (NYSE:NU) Cripto crypto currency trading platform is currently evolving, and is announcing today five new options for Nubank customers.
The cryptocurrency market is currently riding a wave of optimism, with significant advancements and enthusiasm among investors. The market has seen a bullish trend, driven by anticipation for the upcoming Federal Open Market Committee (FOMC) minutes and speculations over Bitcoin Spot ETF approval.
OP's active addresses and transactions surpassed those of ARB's on one occasion. OP was down by more than 3% in the last 24 hours, but social metrics were unharmed.
Regulatory-focused Layer 2 Kinto migrates to production-ready Arbitrum network to launch compliant DeFi offerings by 2024 after standing up own testnet.
In a groundbreaking move within the Ethereum Layer 2 landscape, Kinto has successfully completed its migration to the Arbitrum network, leveraging the advanced Arbitrum Nitro technology stack. This strategic shift follows Kinto's initial foray into the testnet realm using Optimism's OP Stack back in May.
zkSync led Arbitrum in total monthly revenue. Arbitrum, however, took the lead in other key metrics.
Ethereum Layer 2 Kinto has migrated to the Arbitrum ecosystem after previously launching its testnet using Optimism's OP Stack.
Since the market surge in October, the market value has increased to over $ 300 billion, gaining massive momentum. Bitcoin continues to trade above its important resistance level, with Ethereum well over the $2,000 mark. Overall, the crypto market has displayed notable price action recently.
The Arbitrum (ARB) price has retraced toward $1 on Monday after an unsuccessful attempt at reclaiming the $1.25 territory. On-chain analysis uncovers major drivers behind the recent price retracement.
Whale interest in ARB declined even as its price remained stable. ARB's network growth and velocity fell as well.
On Friday, the market faced a bearish correction affecting all players, both large and small, in the crypto world, experiencing value losses and drops in volume. The market capitalization suffered a 2.36% decline and now stands at approximately $1.38 trillion.
The crypto industry records a negative trend for the second straight day, following the news of delayed Bitcoin spot ETFs approval. Further, Arbitrum's price has lost significant value during this time, indicating a short selling in the market.
Sandeep Nailwal compares Polygon to Arbitrum amid the former's recent DeFi boom.
