Protocol Village: Arbitrum Lands RARI's New NFT-Focused Layer-2 Chain
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 30-Dec. 6, with live updates throughout. Source
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Arbitrum
NXRA price skyrockets, boosted by Arbitrum transition
AllianceBlock’s NXRA token is surging, potentially driven by its move to Arbitrum and increasing demand for RWA tokenization. AllianceBlock’s NXRA token has seen a remarkable surge in value over the past few weeks. The token is up by over 34% in a week and 71% in a month. NXRA monthly price |
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supporters of NuggetRush, Solana, and Arbitrum bullish
NuggetRush (NUGX) offers an immersive play-to-earn (P2E) experience where users mine minerals and earn valuable rewards. It includes non-fungible token (NFT) characters, realistic gameplay, and plans for an active marketplace. Solana (SOL) achieved a milestone by making its nodes deployable on Amazon Web Services (AWS) through the Node Runner app, enhancing
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CoinGecko reports Arbitrum is largest L2 solution
In a Nov. 9 post on X, CoinGecko reports Arbitrum as being the largest Layer 2 solution, with a total of $1.79 billion in total value locked (TVL) in October, or 41.2% of the top 10 L2 solutions market share. Although this is still down from its yearly peak of $2.6
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Arbitrum Voters Complain Over Pitch to Pay Pro Researchers Like ‘Harvard Lawyers’
According to a proposed breakdown of costs, Trail of Bits would receive $800,000 for an engineer to review proposals for 32 weeks over the course of a year. Gauntlet, meanwhile, requested $327,000 for "15 quantitative researcher weeks," and Blockworks requested $780,000 "for a minimum 13 analyst weeks per quarter." Source
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SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October. Source
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Arbitrum to launch 500k ARB donation programs this winter
The Arbitrum blockchain project, together with Gitcoin Winter, is launching three donation programs. According to the project team, as part of The Arbitrum Citizens Retrofunding Round #1, the community will help us distribute 100,000 ARB to the Arbinauts that have proactively stepped up and impacted the governance and processes of the
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Arbitrum, the Biggest Layer-2 Blockchain on Ethereum, Says ‘Layer-3’ Networks ‘Mainnet Ready’
Orbit is one of many customizable blockchain stacks that have come to market over the past few months. Arbitrum’s competitor, OP Labs, behind the layer-2 chain OP Mainnet (formerly named Optimism), has its own version of a customizable environment, called the OP Stack, which currently powers crypto exchange Coinbase layer-2
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Multichain AMM Beluga’s hack on Arbitrum leads to $238k loss
Security firm PeckShield says the exploiter has transferred the stolen funds to the MEXC crypto exchange. Multichain stableswap protocol Beluga has become the latest victim in a number of cyber attacks against decentralized finance (defi) projects. According to PeckShield, the protocol has been exploited on Arbitrum, losing a total of 113 ETH
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Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain. Source
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