More than a year after its initial announcement, Arbitrum launched Timeboost yesterday.

This new chain, built by Ethena Labs and Securitize, is designed to be the settlement layer for on-chain finance and RWAs. Celestia provides the underlying infrastructure.

Arbitrum launched Converge, a new blockchain-focused on tokenizing real-world assets (RWAs) and boosting on-chain finance.

Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize, Converge aims to bring billions of dollars in stable assets into decentralized finance (DeFi).

The Algorand price remains in a tight range this week, as activity in the cryptocurrency industry continues to stay muted. Algorand (ALGO), a layer-1 network, was trading at $0.1865 on Thursday, just above its lowest level this year.

TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.

The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.

The SEC of the Philippines has opened applications for its Strategic Sandbox (StratBox) program, aimed at fostering innovation in the growing field of crypto-asset services. The post Philippines SEC Opens Applications for Crypto-Focused Regulatory Sandbox appeared first on Cryptonews.

The total value of real-world assets (RWAs) on the Arbitrum network has surged over 1,000-fold since the start of 2024.

Crypto prices had a mixed performance last week, with popular tokens like Onyxcoin, Fartcoin, Jasmy, Hyperliquid, and Helium soaring. Other altcoins like Tezos, EOS, Movement, Toncoin, and Ethereum crashed by double digits.

Acting SEC Chair Mark Uyeda has hinted that the agency may explore a “sandbox” rule for tokenized securities, according to Fox Business reporter Eleanor Terrett. This could be a short term relief framework for digital assets that could allow both registered and unregistered crypto firms to innovate while the agency frames the permanent solutions.

The SEC is considering a regulatory sandbox to allow crypto exchanges to experiment with tokenized securities.

SEC leadership floated the possibility Friday of regulatory exemptions that would allow crypto exchanges to experiment with the trading of tokenized securities.

The US Securities and Exchange Commission (SEC) may propose a sandbox approach to crypto trading, before deciding on a new framework tailored to the challenges of digital tokens.

Mark Uyeda, acting chair of the United States Securities and Exchange Commission, has hinted that the regulator could consider a regulatory ‘sandbox' for crypto firms looking to offer trading of tokenized securities.

Securities and Exchange Commission (SEC) acting chairman Mark Uyeda has suggested the potential creation of a conditional regulatory sandbox for blockchain-based securities trading. Uyeda made the remarks during the SEC Crypto Task Force's second roundtable on April 11, which focused on crypto trading platforms.

The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion.

Arbitrum was one of the early layer-2 blockchain solutions that amassed mainstream popularity with many crypto holders adding this token to their long term bag as well.

Arbitrum DAO is at the center of a voting manipulation controversy after one user spent 5 ETH worth around $10,000 to buy 19.5 million ARB ($6.5 million) votes. Crypto analyst Ignas shared the incident on X, noting that it could have massive consequences for decentralized governance.

Arbitrum DAO faces scrutiny as vote-buying through Lobby Finance sparks debate over decentralized governance, highlighting vulnerabilities in token-weighted voting systems and calls for reform within blockchain-based decision-making processes. The post Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity appeared first on Cryptonews.

A recent vote-buying incident within Arbitrum DAO has raised concerns about the viability of decentralized governance as investors exploit on-chain mechanisms to acquire influence through borrowed voting power. According to an April 8 report by crypto analyst Ignas, a user identified as hitmonlee.eth spent 5 Ethereum (ETH), approximately $10,000, to obtain 19.

DAO governance is under threat, as shown by the latest case where one user spent just $10,000 to influence a key decision on Arbitrum.

Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.

Arbitrum DAO spends millions on attracting users and protocols. However, most of these gains are short-lived, says Pink Brains.

TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.

The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.

WisdomTree's giving institutions access to their tokenized funds across Arbitrum, Base, Avalanche, Ethereum and Optimism with its WisdomTree Connect, the team exclusively told Blockworks.

The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.

The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.

Just last week at the Game Developers Conference, I caught up with two key members of the Arbitrum Gaming Catalyst Program (GCP): Daniel Peng, founding partner, and Rick Johanson, founding partner and VP.

TL;DR Arbitrum DAO has been operating at a loss, spending $231 million while generating $107 million in revenue, yet 2025 is projected to become its most profitable year. Over 95% of its earnings come from transaction fees, with Layer 2 (L2) surplus fees standing out as the dominant income source.

Arbitrum DAO's earnings and plans for raising more revenue in the coming months and years for its network were shared by Entropy Advisors, a platform that monitors decentralized autonomous organization (DAO) development and governance on Arbitrum.

Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center.

Bitcoin price has failed to break the crucial resistance point at $90,000 this week. It has formed numerous risky patterns, pointing to a potential crash potentially below $80,000.

This new stablecoin, called MXNB, will be issued and managed by Juno, a newly established subsidiary of Bitso. The launch of this peso-pegged stablecoin will take place on Arbitrum.

Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso's newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 statement. Bitso Business' head of stablecoins, Ben Reid, said a primary use case for MXNB could be to promote foreign investment and trade in Latin American economies by providing a more “efficient way” to do business compared to traditional finance infrastructure.

Brazilian neobank giant Nubank has expanded its crypto offerings, adding support for ADA, NEAR, ATOM, and ALGO.

Arbitrum DAO is reportedly reconsidering its Gaming Catalyst Program (GCP), potentially reclaiming 225 million tokens. The Gaming Catalyst Program aimed to cement Arbitrum's status as a powerhouse in on-chain gaming.

The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.

Yearn Finance founder Andre Cronje teased an algorithmic stablecoin product, much to the chagrin of some users due to UST's 2022 collapse.

Members of the Arbitrum DAO are actively debating whether to revoke funds previously allocated to its gaming ecosystem initiative. The post Arbitrum DAO Debates Revoking Gaming Fund Over Lack of Progress appeared first on Cryptonews.

Members of Arbitrum's decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP).

The GCP was approved during a period of exceptionally optimistic projections that, in hindsight, proved unsustainable, the authors argue.

Algorand and its token, ALGO, are positioned by developers as the foundation for a future borderless economy. However, the ALGO coin has been struggling in the past month.

Binance Announcement Today: The cryptocurrency exchange behemoth again nabbed substantial investor attention with its latest update on six tokens. On Monday, March 24, the CEX revealed plans to update the collateral ratios for CRV, UNI, ALGO, KSM, XTZ, and XEC crypto under ‘Portfolio Margin.

Base and Arbitrum are the leading layer-2 (L2) blockchains by on-chain activities and revenue generation.