Solana Surges Amid Robinhood Fee Debate
Robinhood retains 90% of protocol net revenue, sparking a debate on blockchain funding priorities, as lower gas fees lose industry focus. #Update #Crypto
Robinhood retains 90% of protocol net revenue, sparking a debate on blockchain funding priorities, as lower gas fees lose industry focus. #Update #Crypto
Revenue on @Robinhood’s Chain reached a record $1.9 million in 24 hours, leading to a 30% surge in $ARB as traders pursued gains. #Update #Crypto $ARB
Bitcoin ($BTC) consolidates near $78,000 after last week’s rally to $81,428, while Arbitrum ($ARB) surges 30% as Robinhood Chain’s daily fees exceed $2 million. #Update #Crypto $BTC #DeFi $ARB
Arbitrum governance considers the Fast Feed proposal for a paid data stream offering earlier transaction-ordering visibility, potentially benefiting DeFi participants and generating revenue. Crypto $ARB
@LGUS is piloting a blockchain-based ad network on Arbitrum to enhance ad performance verification, addressing fraud and privacy issues. Japan trial results pending. #Update #Blockchain
@LG Electronics is developing a blockchain-based advertising network using @Arbitrum’s layer-2 protocol to enhance operational efficiency, joining other corporations leveraging blockchain technology. #Update #Crypto $ARB
@LG Electronics partners with @Arbitrum to create a blockchain-based advertising network, aiming for market launch this year. $ARB rose 5.44% following the announcement. #Update #Crypto $ARB
Americanfortress launches privacy beta on Arbitrum, introducing stealth addresses for high-volume DeFi; over $15B in total value locked. First 500 users get a lifetime FortressName. #Update #Crypto $ARB
Arbitrum DAO approves releasing 30,765.67 ETH for KelpDAO recovery, but U.S. court order could block it due to North Korea-linked claims. #Update #Legal
Crypto pundit Star claims decentralization is a myth as $344M USDT was frozen by Tether on TRON, and Arbitrum froze 30,766 ETH linked to Kelp DAO exploit. #Breaking #Crypto $USDT
@Arbitrum’s Security Council has frozen over 30,000 ETH linked to the KelpDAO exploit, sparking debate on decentralization as they override network outcomes. #Update #Crypto $ETH
@OffchainLabs increases its ARB holdings amid declining governance token prices and rising layer-2 competition, as Arbitrum surpasses a $20B market cap. #Update #Crypto $ARB
Ethereum’s Fusaka upgrade, expected in December, aims to enhance scalability and efficiency with PeerDAS technology, potentially transforming $ETH into a settlement currency for rollups. #Update #Crypto $ETH
Crypto analyst Michaël van de Poppe predicts $ARB’s rise, sees $BTC grinding to new highs, and notes $SUI’s recovery post-hack. #Update #Crypto $ARB (+3) ↗