South Korean consumer electronics titan LG Electronics is developing a proprietary blockchain network aimed at transforming the digital advertising placement and sales industry. The Onchain Shift According to a report published by Fortune on June 11, 2026, the initiative leverages a shared, onchain database of advertising inventory and verified customer interaction records. Fortune’s Jack Kubinec […]
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Ether withdrawals are expected to resume within 24 hours for KelpDAO users after a coordinated burn of the attacker’s rsETH tokens on Arbitrum successfully neutralized the exploit’s impact. MORE THAN AN EXPLOIT The rsETH bridge lockbox on Arbitrum is being refilled, and ether withdrawals for users affected by the KelpDAO exploit are expected to start […]
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A U.S. federal judge has authorized the transfer of approximately 30,765 ETH, worth roughly $71 million, to an Aave-controlled wallet, clearing the final legal obstacle in decentralized finance’s most complex recovery effort to date. Recovery Efforts Garner Further Momentum Judge Margaret Garnett issued an order on May 9 modifying a prior asset freeze, permitting the […]
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A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April 18 KelpDAO exploit. Key Takeaways: Aave Labs, KelpDAO, and three other protocols filed a Constitutional AIP on April 25 to release 30,765.67 ETH frozen by […]
]]>Arbitrum, one of the leading Layer 2 (L2) solutions for Ethereum, is growing rapidly. The solution appears on the verge of becoming a dominant force in decentralized finance (DeFi), blockchain applications, and the Arbitrum economy overall. At present, it has achieved some significant metrics. Its transaction volume is up substantially. Not just that, the total value locked (TVL) in DeFi protocols on the Arbitrum One network has hit an impressive milestone. Of course, this too has some implications, as DeFi protocols are now actively utilizing the Arbitrum network for a growing number of transactions. A Growing Arbitrum Economy: Key Takeaways
The post Arbitrum Economy Shows Strong Growth as Q1 2025 Numbers Surprise Investors appeared first on The Merkle News.
]]>Current statistics from @intotheblock have illustrated a dire situation for $ARB holders, showing that virtually none of them are in the green, with their accounts showing nearly 100% in losses, and profit taken with 0% of the positions that investors currently hold. This is an accurate snapshot of the significant downturn that the desperately sought-after asset has apparently entered, raising many (sort of) tough questions for Afri-side investors. On the bright side, as is generally the case in a bear market, we could be on the verge, theoretically of course, of a reversal in market conditions. The Asset’s Current Struggles
The post $ARB Holders Face Full Losses, but Market Conditions Could Indicate a Reversal appeared first on The Merkle News.
]]>Stablecoin adoption on Arbitrum has reached new heights, with over 1.3 billion USDT now minted on the platform. This makes Arbitrum the clear front-runner among all Layer 2 networks when it comes to the liquidity and adoption of stablecoins. It also cements Arbitrum’s status as a leading scaling solution in the Ethereum ecosystem, one that has found a lot of resonance in the real world. In a significant development, Tether has proclaimed an upgrade for USDT on Arbitrum, transitioning it to the USDT0 standard. This upgrade, with the blessings of Tether and the USDT0 ecosystem consortium, endeavors to better interoperability
The post Arbitrum Leads L2 Stablecoin Adoption Amid USDT0 Upgrade, but ARB Struggles appeared first on The Merkle News.
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The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions.
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PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
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The DeFi protocol also launched an in-house perpetuals trading app.
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