Aave protocol’s GHO stablecoin now live on Arbitrum
The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink’s CCIP interoperability protocol. Go to Source
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Aave DAO Launches GHO Stablecoin on Arbitrum Network
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP). Aave DAO … Read more
Full decentralization will happen in a few years — Layer-2 rollup teams
Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon. Go to Source
Arbitrum’s $ARB Faces Bearish Trend Amid New Staking Proposal
Arbitrum’s native token, $ARB, has been trading below $1 for the past two weeks, experiencing a significant 33% drop over the last 30 days. Earlier today, two wallets associated with @GSR_io deposited a total of 3.466 million $ARB (approximately $3.92 million) to Binance, depleting their $ARB holdings. 10 hours ago, 2 wallets (belong to @GSR_io) … Read more
Arbitrum daily revenue surges 16,500% after LayerZero’s ZRO launch
LayerZero’s “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum’s daily revenue. Go to Source
TON flips ETH in daily active users, but that’s not the full picture
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s. Go to Source
Can SOL reclaim $170? Two indicators scream ‘buy’
SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up. Go to Source
Arbitrum to distribute $215M in ARB tokens for gaming innovation
Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor. Go to Source
Bitcoin might get boring — But Ether may propel LINK, UNI, ARB prices higher
After the initial subdued reaction to the spot Ether ETF approval, Ether may move up, pulling LINK, UNI, and ARB higher, while Bitcoin may consolidate. Go to Source
GSR Markets Deposits $6.42 Million Worth Of ARB To Binance Amidst Market Resurgence
In a significant development within the cryptocurrency space, GSR Markets has deposited a substantial sum of 6 million ARB tokens to Binance, valued at $6.42 million, over the past 8 hours. This influx of tokens has piqued the interest of market observers, prompting speculation about the source and motives behind the deposit. Upon tracing the … Read more
