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The Arbitrum One blockchain will provide the core infrastructure for USDT0, the new, interoperable Tether stablecoin. The blockchain will host the Legacy Mesh solution to connect USDT deployments on Arbitrum, Ethereum, Tron and Ton to a unified USDT0 network.
Valued at more than $141 billion, Tether's USDt is the world's largest stablecoin by market capitalization and usage.
The cryptocurrency market is witnessing a modest rebound, but some altcoins struggle. SAND, APT, BERA, and ARB face declining momentum, raising concerns among analysts.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Arbitrum's native cryptocurrency, ARB, has been experiencing a significant decline over the past month, leaving 99% of its holders at a loss. As the token struggles to recover, investors are questioning whether ARB is on the verge of a total crash or if it could bounce back.
Cryptocurrency prices remained under pressure last week as concerns about a trade war between the United States and its top trading partners remained.
Arbitrum has seen a major decline over the past week, leaving 0% ARB holders in profit.
Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations.
Arbitrum has deployed Balancer V3, a major upgrade that enhances network liquidity through advanced automated market maker features.
Balancer V3, an automated market maker (AMM), has launched on Arbitrum (ARB), according to the most recent reports shared with Finbold on February 6.
PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base. PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs' dLIMIT and dTWAP protocols, according to a note shared with crypto.news.
The dLIMIT and dTWAP protocols by Orbs are now also supported by the three networks.
Offchain Labs introduced a 'universal intent engine' to improve interoperability across Layer 2 blockchains.
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.
Arbitrum has announced a significant integration with BitcoinOS (BOS), transforming its layer-2 network into a hybrid rollup that combines the best features of Ethereum and Bitcoin. This collaboration marks a groundbreaking development, offering a robust and interoperable scalability solution between the two ecosystems.
TL;DR The integration of BitcoinOS with Arbitrum allows for direct connection between BTC and ETH, without centralized intermediaries. BOS Grail facilitates trustless BTC transfers to Arbitrum, without third-party intervention, unlike WBTC. Arbitrum offers up to 40,000 transactions per second and nearly instant withdrawals.
"Arbitrum is pioneering a paradigm shift that ends competition and fragmentation between the two largest blockchains."
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they've spent 15 years starving for," said the CEO of BTC OS.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
The crypto market's sharp decline in the past 24 hours has triggered widespread losses, with Bitcoin's crash impacting altcoins significantly. Some tokens faced even deeper corrections, hitting new all-time lows amid the sell-off.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
ARB could record further market declines soon.
Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers.
Arbitrum (ARB) has experienced a sharp decline in recent weeks, leaving many investors facing significant losses. Over the past month, ARB has dropped by 19.42%, with its price falling from a high of $0.95 to $0.58, and it is currently trading at $0.63.
