Arbitrum

Grand Cayman, Cayman Islands, July 26th, 2024, Chainwire Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading. Kwenta and Perennial’s Expansion Strategy Kwenta, known for being a UX layer for perps trading on Optimism…

The post Sorta Finance Likely Planning Exit Scam on Arbitrum, Warns ZachXBT appeared first on Coinpedia Fintech News A DeFi project known as Sorta Finance based in the Arbitrum network is currently in the eye of the law after being accused of being an exit scam by crypto sleuth ZachXBT.  Community Alert: @Sorta_Finance is likely to exit scam on Arbitrum in the future so do not use the protocol.This scammer has previously stolen $25M+ with scams such as Magnate, Kokomo,…

ARB, the native token of Arbitrum, the Ethereum layer-2 solution, is down 68% from January 2024 highs. However, there is good news: While ARB holders “suffer” in the face of unrelenting bears, positive on-chain developments reveal a platform that is not only the largest by total value locked (TVL) but also brimming with potential. Over 48% Of Ethereum Bridged Assets End Up In Arbitrum Taking to X, one analyst notes a surge in user activity on Arbitrum and that the…

While some cryptocurrency investors are content with 2-10x returns, the vast majority of investors enter the market to make life-changing, explosive 50-1000x gains. As the upcoming bull cycle increasingly picks up steam, new investors will be on the lookout for the next gem to net them thousands upon millions in pure profit. Rollblock is poised to become the next 1000x cryptocurrency in the space. As The top play-to-earn GameFi cryptocurrency, Rollblock is expected to be a prominent investment opportunity in…

The post 97% of Arbitrum Holders in Loss: Is Arbitrum’s Future Dark? appeared first on Coinpedia Fintech News The L2 ecosystem of the Ethereum blockchain is growing every day. However, Arbitrum, which had garnered hype, has not been able to sustain it. Among Ethereum’s layer 2 solutions, Arbitrum has emerged as the least performing L2. ARB Token going down According to Messari’s data, Arbitrum has proven to be a loss-making deal for investors. Since its token launch in January 2023,…

It has been a long year so far for crypto investors. With Bitcoin halving along with other dramas surrounding the big coins in the crypto world, holders have had to adapt or rally to other promising projects. Arbitrum and XRP have also shown signs of instability over the last month. This has led investors into looking for better alternatives. Raboo seems to be the most sought after new project, as experts predict it to increase by 233% during its presale. …

XRP whales were in the crypto news recently for going all out to buy the dip. While it’s still to be seen whether the move is a masterstroke or a tragic error (especially considering Ripple‘s on-chain activity), a new market favorite, Raboo ($RABT), is winning investors over–not with a ‘dip for future boom’ promise, but with a SociaFi innovation and presale profits. Interestingly, even Arbitrum (ARB) investors have joined the Raboo train to boost their portfolio with its presale gains. …

The post Arbitrum Launched $215 Million Gaming Project; Institutional Money Flows Into New DeFi Presale  appeared first on Coinpedia Fintech News According to projections, the gaming market should reach $190 billion by 2025. However, there are various hurdles to this growth. Game creators grapple with steep production expenses, expansion constraints, and security vulnerabilities.  To address these obstacles, Arbitrum has introduced the Gaming Catalyst Program. On the other hand, DTX Exchange (DTX) has emerged as the go-to coin for the next…

The Arbitrum Foundation, a Decentralized Autonomous Organization (DAO) tasked with developing and nurturing the Arbitrum ecosystem, has approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. The organization has revealed plans to distribute a whopping $216 million to improve its gaming ecosystem. Arbitrum To Allocate $216 Million For Gaming Proposal The Arbitrum Foundation has officially endorsed a proposal, involving a funding initiative to expand and develop its gaming ecosystem. According to its blog post,…