TL;DR The Web3 gaming market continues to grow, with funding stabilized at $1 billion and a 72% increase in the use of Arbitrum compared to last year. Telegram stands out as a key platform for new releases, representing 21% of Web3 games.

Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.

TL;DR ZKsync has launched the recently approved Ignite program to promote DeFi liquidity on its network by distributing 325 million ZK tokens. Ignite aims to increase the total value locked (TVL) in the ZKsync ecosystem and reduce slippage in transactions to benefit both traders and liquidity providers.

The ZKsync initiative could revitalize DeFi activity, potentially reversing declining user engagement and transaction volumes across its network. The post ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains appeared first on Crypto Briefing.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.

Offchain Labs is advancing Arbitrum's scalability with a focus on alt-client solutions like Reth, Erigon, and Nethermind to enhance throughput and efficiency.

Delta Protocol was exploited on Avalanche and Arbitrum, losing an estimated $4.8M, sent to five known addresses and to other DeFi pools.

The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.

This month's token unlocks include both “cliff” releases, where the digital assets are unlocked all at once, and “linear” releases, where tokens are gradually unlocked over time.

The crypto market swung low, which might be the last big discount before a parabolic run. Reflecting bearish sentiment, the underwhelming performance of Arbitrum (ARB) continues. However, DTX Exchange (DTX), a new exchange-based token, has defied the broader market trend by exploding in presale. It has raised over $6.

Venus Protocol, one of the Top 5 decentralized finance (DeFi) lending platforms, today announced it has been approved for a grant from the Arbitrum Foundation.

Arbitrum's long/short ratio suggests that traders are heavily leaning towards another drop.

The crypto markets are gearing up and heading towards the monthly close, which may keep up the ‘Uptober' vibes. While the Bitcoin price is just a few inches away from the highs, the market participants have become more optimistic over the next price action.

Sunray Finance may have lost the value of its SUN token, after a smart contract exploit on Arbitrum. The total loss after rogue SUN token minting is more than $2.8M, but the attack may mean Sunray DEX never launches.

Lido has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate.

Offchain Labs introduces Timeboost, a protocol enhancing transaction ordering on Arbitrum chains, balancing speed and MEV protection. Discover how it aims to improve blockchain efficiency.

Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.

RARI Chain and Arbitrum are teaming up to launch DeFi Days — offering workshops, quests, and contests to help creators explore new crypto-earning opportunities.

The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.

After years of refinement, Ethereum, the world's largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire.

Arbitrum (ARB) finds itself at a critical juncture in the cryptocurrency market, with its price hovering near the significant resistance level of $0.61. The current trading environment suggests that bullish momentum is building, leading many traders and investors to speculate whether ARB can successfully break through this barrier.

Tokenization is poised to revolutionize industries such as finance, commodities, intellectual property, and real estate by converting asset rights into digital tokens on blockchain platforms. This transformation is expected to create a market worth up to $16 trillion by 2030.

Binance has successfully integrated USDC on the zkSync Era network, allowing users to deposit and withdraw the stablecoin, according to Binance's recent announcement.

The City of Buenos Aires has announced a new collaboration with ZKSync, allowing 3.6 million citizens to use blockchain technology for their digital identity. Over 60 documents are accessible through this platform.

The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.

Arbitrum (ARB) is showing potential for a breakout, with momentum suggesting a move toward $0.68.

Bitcoin (BTC) continues to demonstrate strength, maintaining a trading price above $68,000, despite the common pattern of reduced trading volumes over the weekend. Meanwhile, analysts are turning their attention to potential upward movements for Arbitrum (ARB) and Ethereum (ETH) in the weeks ahead.

Ethereum co-creator Vitalik Buterin on Monday said he hopes to witness the future decentralized autonomous organization (DAO) having more ways to obtain highly decentralized and permissionless formal membership. Buterin claims any currency is permissioned currently and there is even a continuous tradeoff space between the ApeCoin and ZuVillage levels of permissionedness.

Solana's price surged, with strong social dominance driving its momentum this week.

Base soared to new TVL and hit stablecoin market cap highs this week.

Radiant confirmed that its lending markets were facing an "issue" Wednesday, urging users to revoke permissions to smart contracts.

DeFi lender Radiant Capital appears to have been exploited on Binance Smart Chain following newly implemented upgrades.

It appears the attack began on Radiant's BNB Chain instance and then moved onto Ethereum Layer 2 Arbitrum.

Arbitrum Orbit is revolutionizing blockchain technology with customizable chains, enhanced decentralization, and interoperability, fostering innovation across the Ethereum ecosystem.

The Ethereum network has registered a huge influx of Layer Two (L2) scaling solutions, led by Base, but some observers are worried about its declining revenue.

Base has emerged as the largest Layer 2 rollup on the Ethereum network, boasting a total value locked (TVL) of $2.49 billion.

Gasless swaps could ease the DeFi onboarding process, bolstering mass crypto adoption among new holders.

Base, a Layer 2 Ethereum network developed by Coinbase, has now become the largest rollup in terms of total value locked.

Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.

October greets multiple large-cap altcoins with impending $500M token unlock action: shall investors be concerned?

According to data from TokenUnlocks, over $498 million worth of tokens are scheduled for release between October 14 and October 21, 2024, with Arbitrum (ARB) leading the pack. Arbitrum (ARB) is poised to release the largest amount of tokens in terms of value.

Base, the Ethereum layer-2 scaling solution from crypto exchange Coinbase, has witnessed a surge in activity in the past two months and is now gunning for the top spot in the Ethereum ecosystem.