Ostium Halts Trading After $18M Oracle Key Breach Arbitrum-based perpetuals trade Ostium has suspended trading after an $18.4 million exploit tied to a compromised off-chain oracle key, highlighting once more how weak buying and selling venues could be when worth infrastructure fails. The assault didn’t seem to stem from a direct breach of Ostium’s good…
Kraken’s help for Arbitrum-based stablecoins appears to be like like an inventory replace, nevertheless it factors to one thing larger. Exchanges are more and more treating Layer-2 networks as actual infrastructure reasonably than experimental add-ons. That shift issues as a result of stablecoins are one of many clearest use circumstances in crypto. If customers can…
Stablecoin listings can look routine till you take note of the chain. Kraken including USDT0 and USDC.e assist on Arbitrum is mostly a story about the place alternate infrastructure is shifting: towards cheaper, quicker settlement rails that customers really need to contact. That is vital as a result of stablecoins are not simply alternate quote…
BlackRock’s BUIDL fund crossing the $500 million mark is one other reminder that tokenized treasuries should not only a speculative facet story. They have turn out to be one of many cleanest examples of conventional belongings shifting onto blockchain rails in a method establishments can perceive. That is necessary as a result of a lot…
Base is now not simply Coinbase’s layer-2 experiment. If its each day DEX quantity is pushing previous Arbitrum, the community is beginning to compete within the a part of DeFi that issues most: precise buying and selling exercise. The helpful option to learn this isn’t as a assured worth sign, however as a contemporary piece…
Robinhood is not simply giving crypto customers a buying and selling button. The brokerage is now pushing deeper into blockchain infrastructure with the launch of Robinhood Chain, a public Layer 2 mainnet constructed round tokenized real-world property and on-chain monetary merchandise. The transfer issues as a result of it locations some of the recognizable retail…
TL;DR LG Electronics is piloting an onchain promoting community on Arbitrum. The challenge is designed to make advert efficiency extra verifiable whereas addressing fraud and privateness considerations. The Japan pilot with Hakuhodo continues to be underneath analysis, so efficiency information has not but been launched. LG Tests Blockchain-Based Ad Verification LG Electronics’ Blockchain Research Lab…
Crypto pundit Star has highlighted that crypto decentralization is a delusion, noting that crypto networks and companies can freeze funds. The pundit particularly alluded to the Tether freeze and Arbitrum’s transfer to freeze the crypto property stolen by the Kelp DAO exploiter. Pundit Highlights Crypto Decentralization Myth In an X post, Star acknowledged that centralization…
Arbitrum Sepolia, the first testnet for the main Ethereum Layer-2, has stopped block manufacturing. The community suffered a essential consensus failure at block 204606366, inflicting a series break up between node operators utilizing totally different CPU architectures. Developers counting on the testnet for pre-deployment validation are at present stalled as Offchain Labs engineers deploy emergency…
Solana has overtaken Ethereum by way of whole real-world asset (RWA) holders, offering a optimistic signal for the community. However, Ethereum stays forward in whole tokenized worth on these networks. Solana Ranks Ahead Of Ethereum In RWA Holders In an X post, Solana pointed to information from RWA.xyz exhibiting that the community had, for the…