Arbitrum community to vote on expanding the backstop fund by $24 million
In the Arbitrum DAO, a vote has been launched on a proposal to create a backstop fund of 21.4 million ARB (~$24 million) for projects that missed the initial funding round.Latest news on the Arbitrum blockchain project aimed at scaling Ethereum. Expert analysis and forecasts on the price of Arbitrum (ARB) cryptocurrency.
Arbitrum community to vote on expanding the backstop fund by $24 million
In the Arbitrum DAO, a vote has been launched on a proposal to create a backstop fund of 21.4 million ARB (~$24 million) for projects that missed the initial funding round.
Arbitrum team opens path to L3 networks on mainnet
The Arbitrum-backed L2 protocol's Offchain Labs has opened access to the Orbit software stack for building third-layer blockchains on the mainnet.
GMX to receive $9.6 million under Arbitrum grant program
Following Arbitrum community vote, 29 projects will receive grants totaling 49.6 million ARB (~$40 million) to develop and promote the use of applications in the L2 network.
Lumerin to launch Arbitrum-based Bitcoin hash-power marketplace
The Lumerin project is preparing to launch a decentralized hash-power marketplace for Bitcoin mining on the Arbitrum One network.
Arbitrum developers expand smart-contract language support
The Offchain Labs team, behind the L2-protocol Arbitrum, unveiled Stylus, a tool that enables creating smart contracts in several popular programming languages.
PancakeSwap adds support for Arbitrum One, the most popular L2 solution
The non-custodial exchange PancakeSwap added support for Arbitrum One, the most popular L2 solution built on Optimistic Rollups.
Analysts record a spike in DeFi token trading
In recent weeks DeFi tokens have outpaced the market. Experts at Glassnode linked this to retail-trader activity.
Optimism overtakes Arbitrum in daily transaction count
On July 27, daily transactions on the Ethereum Layer-2 network Optimism reached 944,000, surpassing Arbitrum.
Arbitrum DAO allocated 770 million ARB for project development
The Arbitrum decentralized autonomous organization (DAO) blocked 700 million ARB (~$783 million at the time of writing) to fund the project’s foundation.
Arbitrum developers unveil tool to build L3 solutions
The Offchain Labs team behind the L2 protocol Arbitrum has released a tool to launch third-layer blockchains using the Orbit software stack.We use cookies to improve the quality of our service.
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