Weekly Newsletter 🍿 We're gonna need more Matt Damon This week crypto.com was hacked and user funds were lost, Binance rolled out Eth L2 support, Feds are signaling regulatory clarity is coming, and is Walmart selling NFT deoderant?
Arbitrum Binance Announces Support for Ethereum Layer 2 Protocol Arbitrum One Binance just announced support for Ethereum Layer 2 protocol Arbitrum One, allowing users to with draw directly to the L2 protocol, avoiding Ethereum gas fees entirely.
Weekly Newsletter 💸 What do billion dollar crypto wallets look like? Tron founder Justin Sun has nearly all of the TVL for some projects, FTM is trading at half AVAXs multiple, Arbitrum had a 10 hour outage, and drone racing is coming to ALGO.
Arbitrum Ethereum Layer-2 Arbitrum One Went Down for 10 Hours on Sunday Ethereum Layer-2 Arbitrum One went down for 10 hours on Sunday. The outage was caused by a hardware failure in the main Sequencer node.
Ethereum Name Service (ENS) This Week In Crypto MetaMask teases an airdrop, Coinbase launches a wallet, Metis Bridge and the Maker Wormhole are coming to ETH, and ENS had a large airdrop.
Metis Metis Bridge and the Maker Wormhole are Coming to Ethereum Optimistic Rollup Ethereum L2 Metis announced a $100 million fund. Maker announced the Wormhole, an oracle-driven bridge with low fees.
Adoption This Week In Crypto Last weeks crypto news including new DeFi ecosystems, GameStop's rumored partnership with Loopring, and Reddit bringing web3 to 500M users.
Ethereum (ETH) Ethereum Leads All Blockchains in Block Sales Ethereum blocks are worth the most. Low-fee networks like Solana struggle to generate significant fee income.
Reddit Reddit to Roll Out Site Wide Crypto Based Karma A recent blockchain engineer hired to Reddit has revealed some of the major blockchain projects the company is working on.
Alchemix (ALCX) This Week In Crypto This week in crypto: El Salvador makes Bitcoin tax exemptions, Twitter adds BTC tipping, Arbitrum overtakes Polygon for scaling Ethereum, China bans crypto (again), and Alchemix: self-repaying loans.
Arbitrum Arbitrum: The New Ethereum Bridge That Overtook Polygon Arbitrum is Ethereum's first true layer 2 rollup. Arbitrum just overtook Polygon.