Arbitrum Helps Tether Overcome Challenges – Next Big Crypto Coins, New Horizons
As $USDT struggles to comply with the EU’s Markets in Crypto Asset (MiCA) regulations, Arbitrum helps Tether by providing it with infrastructure to link its new stablecoin $USDT0 to its network, alongside Ethereum, Tron, and Ton. $USDT0 is Tether’s new stablecoin, strategically designed to address $USDT’s efficiency and interoperability challenges across chains. Tying the four […]
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On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says that developers need to prepare contracts and users should get prepared for faster transactions and lower fees.
Offchain Labs Reveals Migration Date for Arbitrum One’s Nitro Upgrade
Two days ago, the official Arbitrum....
As one of the after-merge solutions, Ethereum added Arbitrum to its layer-2 mainnet. The Ethereum network expects the Arbitrum scaling tool to eliminate the problem of high transaction fees and optimize network scalability. Arbitrum scaling tool enables users access to DeFi applications. Arbitrum network makes token swap almost extremely cheap at 0.60 cents. The recent […]
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput.
Arbitrum Developers Implement Nitro Update
The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the project’s users) on Wednesday that the development team has implemented the Nitro upgrade. “All Arbinauts, please prepare for liftoff,” the team explained.
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The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion. This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported these developments, indicating that Tether is exploring private placement opportunities to solidify its position in the market. SoftBank And Ark Invest’s Potential Involvement Per the report, the involvement of....
How we decided to participate in staking on Ethereum 2.0, the challenges we had to overcome and the implications of the controversial move.