Arbitrum’s TVL surges to $1.5B as DeFi degens ape into ArbiNYAN
More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than 90% in 24 hours.
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Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of…
Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage.
Offchain Labs Launches Arbitrum One Mainnet — Startup Raises $120 Million
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing…
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism…
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