Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the activation of open source and permissionless fault proofs. Even though the platform manages over $7 billion of assets, according to L2Beat, Optimism, like most optimistic rollups, lacked a way of trustlessly verifying transactions.… Continue reading Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know

The Arbitrum Foundation, a Decentralized Autonomous Organization (DAO) tasked with developing and nurturing the Arbitrum ecosystem, has approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. The organization has revealed plans to distribute a whopping $216 million to improve its gaming ecosystem. Arbitrum To Allocate $216 Million For Gaming… Continue reading Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know

Arbitrum Prints TD Buy Signal: Trend About To Flip?

An analyst has pointed out how Arbitrum (ARB) has formed a Tom Demark (TD) Sequential buy signal on its weekly chart recently. Arbitrum May Have Hit A Point Of Reversal According To TD Sequential In a new TD Sequential” is an indicator in technical analysis generally used for locating probable reversal points in any asset’s… Continue reading Arbitrum Prints TD Buy Signal: Trend About To Flip?

Uniswap On Arbitrum Nears $150 Billion In Swap Volume

Uniswap, one of the world’s largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume. Riding The… Continue reading Uniswap On Arbitrum Nears $150 Billion In Swap Volume

Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down?

Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2… Continue reading Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down?

Arbitrum’s Massive $107 Million Token Unlock Threatens To Send Price Below $1

Arbitrum (ARB) runs the risk of a significant price decline due to its upcoming token unlock on April 16. These token unlock events are known to be a recipe for high volatility because of what could happen in the aftermath of their occurrence.  $107 Million Arbitrum Tokens Set To Be Unlocked Data from TokenUnlock shows… Continue reading Arbitrum’s Massive $107 Million Token Unlock Threatens To Send Price Below $1