Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso's newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 statement. Bitso Business' head of stablecoins, Ben Reid, said a primary use case for MXNB could be to promote foreign investment and trade in Latin American economies by providing a more “efficient way” to do business compared to traditional finance infrastructure.

The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.

Arbitrum DAO is reportedly reconsidering its Gaming Catalyst Program (GCP), potentially reclaiming 225 million tokens. The Gaming Catalyst Program aimed to cement Arbitrum's status as a powerhouse in on-chain gaming.

Members of the Arbitrum DAO are actively debating whether to revoke funds previously allocated to its gaming ecosystem initiative. The post Arbitrum DAO Debates Revoking Gaming Fund Over Lack of Progress appeared first on Cryptonews.

Members of Arbitrum's decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP).

The GCP was approved during a period of exceptionally optimistic projections that, in hindsight, proved unsustainable, the authors argue.

Base and Arbitrum are the leading layer-2 (L2) blockchains by on-chain activities and revenue generation.

The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.

TL;DR New Incubator Initiative: Offchain Labs launches Onchain Labs to accelerate the growth of Arbitrum's DApp ecosystem with hands-on support for innovative projects. Fair Launch Focus: The program emphasizes equitable, community-aligned launches to counter extractive, zero-sum market practices.

The Arbitrum Foundation has announced Onchain Labs, a program that will offer strategic support and resources to experimental projects.

Offchain Labs and the Arbitrum Foundation have launched Onchain Labs, a new initiative to accelerate early-stage projects within the Arbitrum ecosystem. This program aims to provide go-to-market support for experimental and high-risk blockchain applications, fostering innovation and expansion.

Offchain Labs said it will offer collaboration from ideation through launch on Arbitrum, including strategic product development support.

The new program is designed to provide go-to-market support to "experimental and volatile" projects, according to Arbitrum's main developer.

The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).

Once the stars of the crypto market, metaverse tokens like MANA, SAND, and AXS have struggled lately.

Offchain Labs Co-Founder & CEO Steven Goldfeder breaks down Arbitrum's BoLD protocol and the broader Layer 2 ecosystem.

Digital asset exchange DigiFT has launched Invesco's tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets.According to a March 13 announcement, Invesco's US Senior Loan Strategy (iSNR) token is now live on Arbitrum, a popular Ethereum layer-2 network. The tokenized asset was launched on Feb. 19 and is designed to track the performance of a private credit fund managed by Invesco, a publicly traded investment manager headquartered in Atlanta, Georgia.

The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.

Offchain Labs, the research and development team behind the Ethereum layer-2 solution Arbitrum, has unveiled a strategic plan to acquire ARB tokens.

TL;DR Offchain Labs has announced a strategic plan to gradually increase its ARB reserves, reinforcing its commitment to the growth of the Arbitrum ecosystem. The company plans to acquire tokens through open-market purchases and other transactions, leveraging technical advancements such as Orbit, Arbitrum BoLD, and Stylus.

Cryptocurrency exchange Binance again captured noteworthy market attention with its latest update on 6 tokens this Tuesday. Notably, the exchange revealed that it is updating the leverage and margin tiers for RARE, AXS, ZEN, XTZ, SAGA, and CATI.

Arbitrum announced a strategic buyback plan to acquire ARB tokens amid a prolonged price decline. Its backing company, Offchain Labs, marks a significant move to reinforce its commitment to the ecosystem.

Developers behind Arbitrum, Offchain Labs, have confirmed an impending strategic ARB buyback plan. The initiative involves gradual purchases of ARB assets via the open market and other transactions according to the plan. The move underscores Offchain Labs' dedication to enriching Arbitrum's growth and stability, positioning the blockchain as the leading Ethereum L2 scaling solution.

Offchain Labs, the development team behind Arbitrum, recently announced a strategic plan to purchase ARB tokens.

Offchain Labs revealed it had launched a strategic plan to increase its Arbitrum holdings. The Arbitrum R&D team announced it would purchase Arbitr over time through open market and other transactions.

Offchain Labs said it's reinforcing its commitment to the Arbitrum ecosystem by adding ARB tokens to its treasury.

The Cayman Islands has attracted a number of large crypto companies and foundations, and these new regulations will impact their operations. The post Cayman Islands Introduces New Crypto Licensing, How Will This Affect HBAR, SUI and ARB? appeared first on Cryptonews.

CertiK identified a signature verification exploit on Arbitrum, resulting in a $140,000 theft, highlighting the persistent security vulnerabilities within DeFi platforms. The post CertiK Identifies $140K Signature Verification Exploit on Arbitrum appeared first on Cryptonews.

The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.

Blockchain security firm CertiK has identified a security breach on Arbitrum, where an attacker exploited a signature verification bypass to drain about $140,000. On Mar.

Cryptocurrencies continue to underperform despite highly-anticipated catalysts such as Donald Trump signing the crypto strategic reserve. Arbitrum has struggled with bearish tendencies recently, losing nearly 60% from $0.8 to $0.34 in the past three months. The significant dip has deteriorated ARB's profit margins, putting all holders at a loss.

Arbitrum has declined by 12% over the past month, leaving 99% holders at a loss.

Cryptocurrencies are highly volatile following President Donald Trump's on-again, off-again 25% tariffs on imports.

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The team behind Axie Infinity AXS has introduced Axie Infinity: Atia's Legacy , a massively multiplayer online (MMO) game.

The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.

Arbitrum (ARB), the popular Layer 2 solution for Ethereum, has seen a significant price surge following its recent listing on the Robinhood platform. The ARB token spiked by 12%, rising from $0.378 to $0.435, before easing slightly.

Can ARB recover and reverse 65% decline after Robinhood listing?

The crypto market experienced a slight recovery over the past 24 hours, with traders eyeing a potential rally. Anticipation is growing ahead of former U.S. President Donald Trump's crypto summit scheduled for March 7.

Axie Infinity has created history with its mind blowing hold over the world. The financial system was revolutionized when Axie Infinity started climbing the ladder.

Arbitrum's price jumped 12.9% on Thursday after Robinhood announced its listing, though ARB is still down more than 80% since its all-time high.

Arbitrum (ARB) has positioned itself as a leading Layer 2 solution for Ethereum, attracting significant attention within the crypto space. With its innovative Optimistic Rollups technology, Arbitrum has been driving scalability and efficiency on the Ethereum network while maintaining its decentralized nature.

An Ethereum (ETH) layer-2 scaling solution is soaring after gaining support from US retail trading giant Robinhood. According to Robinhood, the ETH layer-2 Arbitrum (ARB) is now available to be bought, sold, and traded over the trading platform. google336x280] News of the addition sent ARB rallying from a price of $0.

Arbitrum (ARB) has surged more than 12% in the last 24 hours following its listing on Robinhood, fueling strong speculative interest. Its market cap has now reached $1.8 billion, while trading volume has spiked to $400 million over the same period.

Robinhood announced the listing of Arbitrum (ARB) on its trading platform earlier today, triggering a 12.4% surge in the token's price to $0.42. The post Arbitrum Token ARB Spikes 12.4% Following Robinhood Listing appeared first on Cryptonews.

Arbitrum (ARB) price received a major boost after the asset got listed on Robinhood, one of the top American trading platforms. The message sparked a lot of interest among investors and caused ARB price rally from $0.3644 to $0.4181.

The cryptocurrency market has witnessed a notable surge in the price of Arbitrum (ARB), the governance token of the widely used Ethereum layer-2 scaling solution, Arbitrum. Trading at $0.4218, ARB has experienced a remarkable 14.9% today, captivating the attention of traders and investors alike.

Arbitrum (ARB) was finally listed to Robinhood US, potentially reaching 11M active monthly users.