The post Arbitrum gets a Robinhood Chain revenue stream as L2 race heats up appeared on BitcoinEthereumNews.com.
Offchain Labs co-founder Steven Goldfeder said fees from Robinhood Chain and other Arbitrum Layer 2 networks will send 10% of net protocol revenue back to the Arbitrum ecosystem. He said the split sends 8% to the tokenholder-controlled Arbitrum DAO treasury and 2% to development funding. Summary Robinhood Chain gives Arbitrum a direct revenue stream as enterprise L2 adoption expands quickly. The split sends 8% to tokenholder treasury and 2% to developer funding inside the ecosystem. Robinhood Wallet support adds bridges and swaps, widening access to the Arbitrum-built network for users. Goldfeder said, “as enterprise adoption accelerates, Arbitrum is ready to capture revenue.” He also said 100% of fees collected on Arbitrum One will go to the Arbitrum treasury. The update gives Arbitrum a clear revenue route from external chains that use its technology stack. As enterprise a
The post Why Is Arbitrum Price Up Today? appeared on BitcoinEthereumNews.com.
The post Why Is Arbitrum Price Up Today? appeared first on Coinpedia Fintech News Arbitrum’s price surged more than 8% after Robinhood confirmed its new Layer-2 blockchain would be built using Arbitrum’s infrastructure.The announcement has reignited bullish sentiment around one of Ethereum’s largest Layer-2 networks. As momentum builds alongside the price rally, ARB’s price outlook is beginning to look fundamentally different. Why Is Arbitrum Price Rising Today? Unlike many … Source: https://coinpedia.org/price-analysis/why-is-arbitrum-price-up-today/
The post ‘CASHCAT’ trader turns $800 into over $1 million on Robinhood’s brand new blockchain appeared on BitcoinEthereumNews.com.
The whole thing stands on shaky ground, however. CASHCAT carries a market value of about $105 million against roughly $6.6 million of liquidity in its Uniswap pool, meaning it may not absorb even a fraction of the holders trying to leave at once. The token is down about 12% over 24 hours and roughly a quarter off the intraday peak near $145 million it touched on Wednesday, and sell volume has edged past buy volume, $29.1 million against $28.9 million, across more than 30,000 transactions from about 6,800 traders. Robinhood did not create the token. CASHCAT’s own website describes it as “fan fiction with a ticker,” a project built by outsiders around the cat-with-cash logo the company used in its earliest days before rebranding. The utility, the site says, “is cat.” Interestingly, on July 2, the day after the chain went live, Robinhood’s chief executive Vlad
The post Robinhood Chain DEX Volume Reaches Record $560 Million appeared on BitcoinEthereumNews.com.
The post Robinhood Chain DEX Volume Reaches Record $560 Million appeared first on Coinpedia Fintech News Robinhood Chain’s decentralized exchange recorded more than $560 million in daily trading volume on July 8, marking a new high, according to the source. Daily active addresses approached 200,000, including more than 140,000 first-time users. The network also saw nearly 16,000 new tokens launched in one day, with seven meme coins reaching market capitalizations above … Source: https://coinpedia.org/crypto-live-news/robinhood-chain-dex-volume-reaches-record-560-million/
The post Is Robinhood making the same ‘memecoin’ bet that made Solana a winner? appeared on BitcoinEthereumNews.com.
Robinhood CEO Vlad Tenev has sparked mixed community reactions after he pushed the newly launched Ethereum L2, Robinhood Chain, as a great option for memecoin activity. Initially positioned as focused on real-world assets (RWA) tokenization, his openness to trying memecoins was met with strong criticism and little support. While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too. Some venture capitalists in the sector slammed the move, questioning the viability of another Ethereum L2. Simon Dedic of Moonrock Capital retorted, Just another L2 that offers no real value over the existing ones is exactly what we were missing. But hey, you can trade memes on it too. Someone tell Vlad it’s not 2024 anymore. Some even drew comparisons to Coinbase CEO Brian Armstrong, whose centralized platform has been slow to list memecoins. However, f
The integration of Robinhood Chain with Arbitrum could enhance ARB's value proposition, potentially attracting more investors and developers.
The post Arbitrum token rises 8% as Robinhood Chain integrates with ecosystem appeared first on Crypto Briefing.
The post Secret Network’s SCRT Migration to Arbitrum Signals Major Shift Amid AI Security Concern appeared on BitcoinEthereumNews.com.
Key Takeaways: The Secret Network has announced that it is planning to shift its SCRT token from the Cosmos to Arbitrum on Sept. 1, 2026. The team reportedly referred to the liabilities of falling liquidity within cosmos, weaker infrastructure and security threats driven by Artificial Intelligence. Native and staked SCRT will be eligible for migration, and bridged and contract-held tokens will be ineligible. Secret Network intends to make a significant change in the entire ecosystem and to shift the native SCRT token from Cosmos to Arbitrum. The transfer will remove SCRT’s core dominance from Cosmos and place it within one of Ethereum’s biggest layer-two bountiful environments. The plan is pending community approval but there has been a detailed migration process and time line proposed. SCRT to Launch as an ERC-20 Token According to the proposal, a snap
