The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cryptocurrencies.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Regulatory tailwinds are set to usher in an "equity tokenization wave," according to analysts at research and brokerage firm Bernstein.
Arbitrum Timeboost has generated $2 million in fees since launching in April 2025, according to data from Dune Analytics.
Ether climbs to $2,601 as institutional narratives strengthen following bullish ETF commentary and Robinhood’s L2 blockchain development on Arbitrum.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Robinhood quietly minted 213 tokenized shares on Arbitrum for only $5 in gas as it opens onchain-powered stock trading to EU users.
Robinhood’s stock (HOOD) reached a new all-time high (ATH) after it revealed plans to launch several innovative products, including its own Layer 2 blockchain, tokenized stocks offering, perpetual futures trading, and crypto staking services. Following the news, the stock surged approximately 11% to $92, a new all-time high for the firm. This extends a growth […]
The post Robinhood unveils crypto-heavy roadmap that lifts stock to all-time high appeared first on CryptoSlate.
The tokenized versions of U.S.-listed stocks and ETFs will first be available to EU users and issued on Arbitrum, with future plans to deploy them on on Robinhood's own blockchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Robinhoood has also launched perpetual futures in the EU and the staking of Ethereum and Solana in the U.S.
The firm is beginning with a tokenized version of MSTR stock on Arbitrum and plans to expand to additional assets and networks.
Around $11.6 million of Arbitrum's treasury will now be allocated to Franklin Templeton's FOBXX, Spiko's USTBL, and WisdomTree's WTGXX.
Common Solution breaks the link between public wallet activity, enabling users to earn yield, bridge assets, and stake tokens privately.
Earlier reports had indicated that Nvidia terminated the partnership, but the Arbitrum Foundation said it was its decision to pull out.
A last-minute halt on a crypto announcement underscores how Nvidia still excludes blockchain projects from its flagship programs, despite continued outreach from the sector.
The Converge chain is set to have fast blocktimes, let users pay gas fees in Ethena's tokens and support both permissionless and permissioned apps, the teams said.
Despite rolling out a large number of upgrades and innovations, the Ethereum price continues to lag behind Bitcoin (BTC) by a wide margin. Reports reveal that ETH has suffered a staggering 77% price crash against BTC — a decline likely fueled by a mix of technical, macro, and sentiment-driven factors. Notably, On-chain analytics platform, Santiment has now pinpointed and broken down the key reasons behind these price struggles. Ethereum Price Nosedives Against Bitcoin On April 11, Santiment released a detailed report on Ethereum, highlighting its almost four-year underperformance and the reasons behind it. Ethereum, once revered as the cryptocurrency most likely to dethrone Bitcoin, has recently suffered a brutal price decline when measured directly against BTC. Related Reading: Ethereum Pain Is Far From Over: Why A Massive Drop To $1,400 Could Rock The Underperformer According to Santiment’s on-chain data, Ethereum has crashed by approximately 77% against Bitcoin since December 2021. While the dollar value of ETH hasn’t completely collapsed, especially compared to other altcoins, the long-term BTC/ETH ratio still paints a gruesome picture for Ethereum holders. Notably, Ethereum has also failed to recover anywhere near its November 2021 all-time high of $4,760. In contrast, Bitcoin has surged ahead, reclaiming much of its market dominance and outpacing ETH across almost every timeframe. This disparity has led many traders and former maximalists to compare ETH to a “shitcoin.” Even worse, various mid to low-cap altcoins have already outperformed Ethereum over the short, mid, and long-term timeframes, causing further embarrassment for the world’s second-largest cryptocurrency by market capitalization. Based on Santiment’s report, the ETH/BTC price ratio chart alone is enough to trigger doubt and uncertainty among long-term holders. Behind The Scenes Of Ethereum Price Struggles Beyond price action and market volatility, Santiment reveals that there are fundamental reasons for Ethereum’s sluggish performance over the years. Some of the major criticisms that analysts and traders have pinpointed include technical, sentimental, and regulatory issues. Related Reading: Ethereum Goes Head To Head With XRP: Analyst Says ETH Will Outperform For This Reason Ironically, Ethereum’s Layer 2 solutions are one of the key drivers of its underperformance. L2 solutions like Arbitrum, Optimism, and zkSync are reportedly cannibalizing activity on the mainnet, taking investments from ETH while spreading investor attention thin. Secondly, Ethereum seems to struggle with complex roadmaps and communication, which has led to investor confusion. Major updates like The Merge and Shanghai have been difficult for investors to comprehend, making ETH feel less accessible than BTC. Thirdly, users remain frustrated by Ethereum’s relatively high gas fees and the slow rollout of key upgrades. This has pushed them toward more affordable and faster alternatives, significantly reducing adoption. Another primary reason for Ethereum’s crash against Bitcoin is ongoing regulatory concerns. Unlike Bitcoin, which has a more established legal precedent, Ethereum faces constant uncertainty about whether it could be labeled a security. Other points include ETH’s lack of investment appeal. While Bitcoin maintains the title as a stable digital gold, Ethereum appears to be caught in between, having no clear or attractive investment narrative. Moreover, newer blockchains like Solana and Cardano are also attracting a significant number of users with cheaper and faster solutions, ultimately pulling investments away from ETH. The final reason Santiment has identified for Ethereum’s long-term price descent is rising selling pressure. Post-upgrade withdrawals of stakes ETHs have created steady sell-side pressure, limiting growth and momentum compared to Bitcoin. Featured image from Unsplash, chart from Tradingview.com
Venus Labs requested $1.7 million paid in BTC, BNB, ETH and USDT for work it did in the last two quarters of 2025.
The newly established subsidiary, Juno, will first issue a Mexican peso stablecoin on Ethereum layer-2 Arbitrum.
The GCP was approved during a period of exceptionally optimistic projections that, in hindsight, proved unsustainable, the authors argue.
The new program is designed to provide go-to-market support to "experimental and volatile" projects, according to Arbitrum's main developer.
Offchain Labs said it will offer collaboration from ideation through launch on Arbitrum, including strategic product development support.
Offchain Labs said it’s reinforcing its commitment to the Arbitrum ecosystem by adding ARB tokens to its treasury.
Steven Goldfeder, CEO of Offchain Labs, said that the crypto reserve should be just Bitcoin, instead of containing altcoins like ARB.
The "RollOut" program will offer tools, resources and funding from firms, including Google, Coinbase Ventures and Dragonfly.
The cross-chain “Inclusive Layer” makes it easier to launch consumer apps on Ethereum, its leading Layer 2s and Solana.
Some Arbitrum DAO delegates have criticized the proposal as a missed opportunity for boosting Arbitrum-native protocols.
This system replaces the previously allow-listed validators on Arbitrum with a permissionless mechanism, opening up security participation.