Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling. Go to Source Powered by WPeMatico
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Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network
This week’s Crypto Biz explores Arbitrum’s latest proposal, Ripple’s two-year battle with the SEC and a large corporations’ coalition to build blockchain solutions for institutional investors. Go to Source Powered by WPeMatico
Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community. Go to Source Powered by WPeMatico
Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share
Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in Defi Shows Signs of Improvement, Yet to Surpass Previous Record of $53 Billion … Read more
Arbitrum’s Chronos reaches $217M TVL with staking, becomes 8th largest DEX
Chronos set a new TVL milestone just seven days after its launch on the Arbitrum blockchain as DEXs draw traders amid regulatory uncertainty in the United States. Go to Source Powered by WPeMatico
Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights a substantial surge in the costs … Read more
Arbitrum decentralized exchange IAO cancelation draws controversy
Xirtam token’s scheduled initial airdrop offering was canceled at the eleventh hour following an alleged pricing dispute. Go to Source Powered by WPeMatico
Decentralized exchange GMX votes to use Chainlink low-latency oracles
A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.” Go to Source Powered by WPeMatico
Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy
Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%. Go to Source Powered by WPeMatico
Total Arbitrum accounts surpass 5M after airdrop hype: Report
The milestone was accomplished less than one month after a much-anticipated airdrop. Go to Source Powered by WPeMatico