Tag: arbitrum

Aug 01 2022

A Brief Look into DeFi’s Ecosystem of Arbitrum and Optimism

Aug 01 2022 Published at Altcoin Buzz under tags  arbitrum defi optimism

Ethereum layer-2 scaling took off in last year’s decentralized finance and crypto boom. Markets and activity have cooled a little now, but there are still some interesting DeFi protocols on L2. According to L2beat, there is currently $4.9 billion in total value locked on layer-2. It is down from a record $7.4 billion TVL in early April, however, the figure is rising again....

Jun 29 2022

Arbitrum Pauses Odyssey as Layer 2 Fees Surpass Mainnet Fees

Jun 29 2022 Published at Crypto Briefing under tags  airdrop arbitrum news

The Arbitrum team has decided to pause Odyssey following a spike in gas fees that briefly made swaps even more expensive on the Layer 2 solution than on Ethereum mainnet....

Mar 26 2022

The Ultimate Arbitrum Wallet Review (For 2022)

Mar 26 2022 Published at CoinStats Blog under tags  arbitrum cryptocurrency reviews

DeFi (decentralized finance) is one of the biggest trends in the blockchain industry, and many believe it will overtake the traditional finance world. DeFi apps (DApps) powered by smart contracts allow for permissionless financial operations such as efficient stablecoin trading, decentralized lending or Yield Farming, DEX (Decentralized exchanges), DeFi insurance,...

The Ultimate Arbitrum Wallet Review (For 2022)

Mar 26 2022 Published at CoinStats Blog under tags  arbitrum cryptocurrency reviews

DeFi (decentralized finance) is one of the biggest trends in the blockchain industry, and many believe it will overtake the traditional finance world. DeFi apps (DApps) powered by smart contracts allow for permissionless financial operations such as efficient stablecoin trading, decentralized lending or Yield Farming, DEX (Decentralized exchanges), DeFi insurance,...

Mar 11 2022

Surveillance Firm Chainalysis Provides Free Tool To Detect Sanctioned Wallets

What is the Chainalysis oracle? A free tool that allows anyone to validate “if a cryptocurrency wallet address has been included in a sanctions designation.” Pretty handy, considering all the canceling and...

Mar 03 2022

Feb 28 2022

DeFi Updates | zkSync EVM Rollups Testnet Launch | Feb Week 4

The DeFi space is one of the most sought-after aspects of the blockchain and cryptocurrency sphere. Over time, we have seen rising interest in this space. Also, a slow but steady shift from centralized exchanges to decentralized exchanges. Therefore, to keep our readers informed of the latest news from the DeFi space, we have also compiled some of last week’s top DeFi updates....

Feb 24 2022

Yearn launches its first Ethereum layer-2 service on Arbitrum

Feb 24 2022 Published at CryptoSlate under tags  arbitrum defi ethereum layer-2 yearn

Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a...

Feb 23 2022

Feb 11 2022

Feb 08 2022

Feb 01 2022

Three Reasons to Farm with Sperax Protocol on Arbitrum

Feb 01 2022 Published at Altcoin Buzz under tags  arbitrum defi sperax

Last month Sperax yield farms went live on Arbitrum. Arbitrum's TVL has grown 34.88% in the last 7 days. In this article, you will find out the main reasons why you should farm with Sperax USD. Current DeFi market leaders have seen significant growth. On the other hand, they rely on centralized issuers and off-chain collateral. Because of that, they are vulnerable to...

Jan 31 2022

5 ZK Rollups Alternatives for Solving Ethereum’s Scalability Problem

If you ask most people in crypto what is their biggest frustration is, their answer would be related to ethereum gas fees. When it costs you $100 to send $75, then you have a network with a problem. And this is a relatively common problem on Ethereum. So what can you do about it? This is where all the interest in Layer 2...

Jan 09 2022

Dec 25 2021

ConsenSys: Meet The Top Performing Layer 2 Solutions

ConsenSys, a blockchain firm that offers developer tools alongside enterprise solutions, has announced the top-performing layer two solutions in its recently third-quarter web report. Layer 2 solutions help scale the Web3 landscape and attempt to reduce the cost of transactions on Ethereum. Therefore, rollups have shown major prospects in providing...

Dec 01 2021

Arbitrum Facilitated the First Atomic Swap Between Monero and Ethereum

On Tuesday, the first Monero (XMR) to Ethereum (ETH) atomic swap was completed on Arbitrum, a Layer 2 Ethereum solution. The atomic swap between XMR and ETH came six months after the swaps between XMR and Bitcoin (BTC) went online in May.

Nov 21 2021

Binance integrates Ethereum layer-2 protocol “Arbitrum” as scaling race heats up

Nov 21 2021 Published at CryptoSlate under tags  adoption arbitrum binance defi ethereum

Binance, in its latest effort to maintain its lead as the largest crypto exchange by trading volume, became one of the first centralized exchanges to integrate a layer-2 support for its Ethereum deposits by integrating the recently launched Arbitrum One core network. This was revealed in a...

Nov 19 2021

Sep 16 2021

How to Use Arbitrum Bridge to Transfer Tokens From the Ethereum Network to Arbitrum

Arbitrum was built by Off-chain Labs, which is considered a layer two solution for Ethereum dApps. Arbitrum bridge was designed to improve the limitations of the Ethereum network....

Sep 15 2021

Solana and Arbitrum Suffer Simultaneous Outages

A spike in transactions has caused a major shutdown at Solana. This problem hasn't been solved at the time of writing this article. Also, Arbitrum went down for just 45 minutes in an unrelated incident. According to the official response on Twitter, Solana shut down by a large increase in transactions per second, reaching 400,000....

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