Tagged: Arbitrum

Lumerin Integrates with Portal DEX for Decentralized Bitcoin Mining and Cross-Chain Hashpower Trading

Lumerin, a “decentralized” Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, decentralized hashrate trading, announced a new integration with Portal, the “trust-minimized,” cross-chain swaps that involve no bridges, custody or wrapping…. Read More

Chainlink Cross-Chain Interoperability Protocol (CCIP) Now Live on Arbitrum One

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have announced today the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One. CCIP provides Web3 developers “with a secure, easy-to-use… Read More

Investment Platform Bitpanda Offers 300+ Tradeable Crypto-Assets, 2600+ Digital Assets

Over the past three months, Bitpanda claims it has “called bull on the bear market and increased the number of tradeable crypto assets on their platform from around 230 to 300+, including Arbitrum (ARB), SUI (SUI) and SingularityNET (AGIX).” This means Bitpanda now is “the… Read More

Decentralized Finance: Stella Integrates Chainlink Price Feeds to Secure Leveraged DeFi Strategies

The team at Stella, a leveraged strategies protocol with 0% cost to borrow — announced that it has integrated Chainlink Price Feeds on Arbitrum mainnet. By integrating the decentralized oracle network, Stella has access “to high-quality, tamper-proof price feeds needed to help power lending and… Read More

Blockchain Adoption: The Graph Network Transitions from Ethereum to Arbitrum for Enhanced Scaling Capabilities

The Graph, the indexing and query protocol for organizing blockchain data, begins the final phase of its integration onto Arbitrum, the Layer 2 (L2) scaling solution built on Ethereum. Through its transition to Arbitrum One, The Graph reportedly “lowers gas fees, accelerates transaction speeds, and… Read More

Circle to Launch USDC on Arbitrum

Stablecoin issuer Circle will launch USDC, its dollar-based stablecoin, on Arbitrum this  June 8th. Circle states that this version of USDC will eventually replace the currently circulating bridged version of USDC that comes from Ethereum – which becomes USDC.e. Arbitrum is a blockchain technology that… Read More

Digital Assets: WOOFi Introduces Cross-Chain Staking Powered by Arbitrum, LayerZero

The WOO token can now be staked “across seven chains to earn USDC on Arbitrum from WOOFi swap fees.” As noted in a blog post, WOOFi Stake 1.0 was “born on BNB Chain back in December 2021 and quickly grew in TVL as WOO stakers… Read More

Decentralized Finance: Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

Symbiosis, a cross-chain liquidity protocol, announced the addition of Arbitrum Nova to its platform. This integration will “allow users to swap assets across 12+ chains.” Arbitrum Nova is a new chain that is designed to be more cost-effective and faster than Arbitrum One. It is… Read More

Web3 Services: Chainlink and Arbitrum, the L2 Scaling Solution for Ethereum dApps, Announce Launch of Chainlink VRF

Chainlink, the industry-standard Web3 services platform, and Arbitrum, the Layer 2 scaling solution suite for Ethereum dApp development, have announced the launch of Chainlink VRF (Verifiable Random Function) on Arbitrum One. Chainlink VRF is described as “the industry’s most widely adopted random number generator (RNG),… Read More

Blockchain Scaling Solutions: TwoX to Launch on L2 Infrastructure, Arbitrum

The team at TwoX Protocol, which claims to be a decentralized finance protocol issuing yield generative stablecoin, is pleased to announce that TwoX protocol will be “launched on Arbitrum.” Their team have been “researching & discussing which infrastructure is great fit to deploy TwoX primarily since… Read More

Radiant Capital Integrates Chainlink Price Feeds to Secure Decentralized Money Market

Radiant Capital, a decentralized money market, has integrated Chainlink Price Feeds on Arbitrum mainnet. By integrating the decentralized oracle network, Radiant Capital “has access to high-quality, tamper-proof price feeds needed to help calculate the value of assets deposited on our protocol.” This will give their… Read More

Growth of L2 Blockchain, Crypto Tech Shows Potential to Compete with L1s: Huobi Research

With major exchanges listing OP tokens recently, attention has been “brought to Layer 2 and its potential to eat into Layer 1’s market share,” according to an update from Huobi. However, the TVL for Layer 2 has “pulled back by over 40%, which is far… Read More

Ethereum Rollups Must Improve in Key Areas, Huobi Research Institute Reports

Huobi Research Institute, the blockchain research organization, recently shared a detailed report on Ethereum rollup solutions, titled “How Far is Rollup from Maturity: A Dive into Rollup’s Development Path.” In the extensive report, Huobi Research Institute analyst Barry Jiang points out some of the “drawbacks”… Read More

GMX Now Live on Avalanche, Bringing Low Slippage Spot, Perpetual Trading to DeFi

GMX, a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades, is currently live on Avalanche. Via this integration, users are able to trade AVAX, BTC, and ETH “with up to 30x leverage, with lower risk verifiable liquidation directly… Read More

Why Ethereum Will Continue to Dominate DeFi

Will a new competitor to Ethereum emerge, or will the acknowledged Web 2.0 winner dominate the DeFi space for years to come? It’s an interesting question for several reasons. One is that the DeFi space is still early in its evolution. Sometimes early mover advantage… Read More

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