Offchain Labs became the sole member of Arbitrum’s Developer Guild, collecting all of its revenue, and proposed that the Arbitrum Foundation sign off on new Stylus activations on Arbitrum One.
Key Takeaways
Guild members need 12-18 months of production work
Guild takes 2% of chains’ net protocol revenue
No active Stylus contract expires before August 2027
Trail of Bits to audit the activation contract
The Arbitrum Foundation announced the Guild’s first member on October 23, the same day Offchain posted its Stylus activation proposal.
How the Guild is funded
The Developer Guild was first introduced in January 2024 alongside the Arbitrum Expansion Program, which lets projects launch their own Arbitrum chains. Offchain was invited in recognition of its role as the protocol’s primary architect and maintainer. It will receive the funds the Guild has already collected and 100% of its revenue for as long as it remains the only member. The Foundation describes the Guild’s funding as “relatively nascent” and did not disclose the balance.
Revenue source
Share to the Guild
Net protocol revenue from Arbitrum chains outside One and Nova
2%
Arbitrum One Priority Gas Auction proceeds
3%
Arbitrum One Sequencer Fast Feed proceeds
3%
Under the Guild specification, chains launched through the program pay 10% of their net protocol revenue to the ecosystem: eight points to the DAO treasury and two to the Guild. A chain with $1 million in qualifying revenue would send $80,000 to the treasury and $20,000 to the Guild. More than 30 chains already contribute, according to the Foundation.
The Foundation expects the arrangement to push Offchain to focus more of its work on growing the DAO’s revenue, now that it shares in those cash flows. It also expects the Guild to become one of Offchain’s funding sources, so that the company asks the DAO for less in future.
The Foundation decides who else gets in
Membership is by invitation, with several conditions. A member’s business model must rely substantially on Arbitrum succeeding, its core components should have been in production for 12 to 18 months, its code must sit in public repositories under approved licences, and it must pass identity checks, sign an agreement with the Foundation and publish yearly updates.
Under the specification, the Foundation approves members, decides each one’s share of the funding and can suspend or remove them at its sole discretion. Trivial activity such as typo fixes or dependency bumps does not count as meaningful work, and member names and allocations are to be published periodically on the governance forum. Every example of qualifying work in the document is an Offchain Labs repository, from the Nitro node software to the cargo-stylus toolchain.
The same day, Offchain proposed a Foundation key for Stylus
Stylus lets developers write Arbitrum contracts in languages such as Rust that compile to WebAssembly. On October 2, the Security Council paused new Stylus activations on Arbitrum One and Nova, citing a growing number of AI-assisted attacks using hand-crafted WebAssembly programs that skip the standard Stylus toolchain and can degrade chain performance. Known bugs affect chain availability, and no attack allowing theft of user funds has been found, the Council said.
Under Offchain’s proposal, a developer would submit source code to an auditor from the Arbitrum Security Program. The auditor would rebuild the contract with cargo-stylus, the same toolchain listed in the Guild specification, confirm it matches the deployed code and contains no hand-crafted WebAssembly, and post a pass or fail on the forum. After a pass, a Foundation-controlled multisig would issue a signature, and the developer would activate the contract through a new activation contract. The audit does not review a contract’s business logic, and the Foundation would rely on the auditor’s result without making its own assessment.
For most builders, the change is narrower than the pause suggests.
Unchanged
Solidity contracts deploy and run as normal.
Active Stylus contracts stay callable and renewable.
ArbOS 61 renewed all active contracts on One, so none expires before August 20, 2027.
Through the new gate
New Stylus code, including new versions of existing apps.
Reactivating expired contracts or after a Stylus version change.
Arbitrum One only. Nova, which is being scaled back, is excluded.
The gate also carries trade-offs, which the proposal itself lists.
The signing right has no automatic expiry, though the DAO can change or revoke it.
Requests would be handled on a reasonable-efforts basis, with no fixed turnaround.
A compromised signer could approve harmful code, and the proposal adds no way to deactivate a contract.
The proposal goes next to a Snapshot temperature check. Trail of Bits will audit the activation contract, and the report, source code and multisig configuration are due before the on-chain vote. A vote against would not lift the pause, and the proposal asks the DAO for no new funding.
Where that leaves ARB holders
The Guild pays its members, and the 8% share goes to the DAO treasury. Neither arrangement pays ARB holders directly. The token’s documented role is governance, which here means voting on the Stylus proposal and on any later change to the signing right, while Guild membership rests with the Foundation. As an earlier look at why ecosystem revenue does not automatically become ARB-holder income explained, a bigger funding pool is not a claim on it.
Snapshot result on the Stylus proposal
Trail of Bits report and the published multisig signers
First published Guild allocation and the size of the pool
A second Guild member, and how much of the revenue Offchain keeps
This article is provided for informational purposes only and does not constitute financial or investment advice. Governance proposals can change before approval and implementation.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The combined exchange went live on seven networks including Ethereum, Arbitrum and Robinhood Chain, and lets stakers steer its liquidity rewards toward the markets they expect to earn fees.
Aerodrome and Velodrome merge into Aero, sending all exchange revenue to stakers
Posted October 21, 2026 at 8:00 pm ET.
Aero, the decentralized exchange formed by combining Aerodrome and Velodrome, went live on Wednesday across seven networks, developer Dromos Labs said in a press release. All of the revenue the exchange earns at launch is paid to holders of staked AERO, known as sAERO.
The launch carries the model the two exchanges ran on Base and OP Mainnet over to Ethereum Mainnet, Arbitrum, Robinhood Chain, Ink and Arc. Aero said the seven networks together saw about $120 billion in DEX volume in the 30 days to Oct. 14, close to four times the figure for Base and OP Mainnet on their own.
“Every market is coming onchain, and any institution that can be distilled into code will be. Their margin is our opportunity,” said Alex Cutler, CEO and founder of Dromos Labs. He added that “100% of the revenue it earns goes back to the people who stake AERO.”
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Stakers Pick the Markets At the center of the design is Predictive Allocation, which the release said borrows from prediction markets. Stakers direct Aero’s liquidity-rewards budget toward the markets they think will produce revenue, then receive a proportional cut of what those markets earn, paid out in real time. Those who back a market early and correctly stand to gain the most, according to the company.
Liquidity providers can take trading fees directly or opt for a stream of AERO instead. AERO rewards are set in dollar terms and can rise with a pool’s activity, and token issuers or other protocols can pay to deepen markets they want to support. Aero also shipped Metaswaps for cross-chain swaps in a single transaction, an upgraded concentrated-liquidity engine called Slipstream V3 with dynamic fees, and an optional Autopilot tool that automates sAERO allocations.
The Track Record Aero Cites Aero pointed to its predecessors’ numbers. It said Aerodrome handled 58% of DEX trading on Base in the third quarter and Velodrome 60% on OP Mainnet, and that Aerodrome’s share of tokenized-stock trading on Ethereum and its layer-2 networks climbed from roughly 2% at the start of September to 57% by Oct. 10.
Aero said the two exchanges have together returned $578 million in revenue to tokenholders. Aero’s public metrics page showed about $580 million in lifetime exchange revenue as of Monday.
Upgrade Terms Aero launched without venture funding or a token sale. Holders swap AERO and VELO into the new AERO, while vote-escrowed veAERO and veVELO positions become sAERO. Under the upgrade terms, one VELO becomes 0.044 AERO and nothing converts automatically. Aerodrome holders receive 94.5% of the new supply and Velodrome holders 5.5%. The release said that split reflects each exchange’s share of combined revenue over the 52 weeks before the merger was announced in November 2025.
ChainSecurity, Blackthorn, Riley Holterhus and GregoAI audited the contracts ahead of a three-week public contest on Sherlock, and a Sherlock bug bounty opened at launch, Aero said.
Related Listen: ‘This Is a Better Version of a Stock, Period,’ Says Cutler
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Arbitrum One just had its busiest day in three months, at least by one measure. Daily active addresses on the Ethereum layer-2 network climbed to 571,767 before activity eased after October 22, The Defiant reported.
The numbers behind the spike
Data from growthepie, updated October 22, 2026, puts daily active addresses at 571.8K. That marks a 90-day high and a 408.2% week-over-week jump.
Transactions told a calmer story. They reached roughly 1.7 million, up 25.7% from the prior week.
That volume was still enough to rank Arbitrum One fifth among the chains growthepie tracks.
Revenue moved in the opposite direction. Chain revenue came in at $19.3K, down 2.4% week-over-week.
DefiLlama’s numbers broadly agree on the headcount. The analytics platform reported 570,079 active addresses as of October 22, 2026, alongside total value locked (TVL) of $1.45B.
Where the activity came from
No single trigger stands out. The research points to broadly heavier network usage rather than one identifiable catalyst.
The biggest contributors to transaction volume were plain native ETH transfers and stablecoin transactions involving USDC.
Stablecoin figures depend on which dashboard you open. Growthepie showed stablecoin supply at $4.39B, down 5.8% week-over-week, while DefiLlama put the stablecoin market cap at around $3.5B.
Context: a choppy year for Arbitrum users
Arbitrum One is one of the leading optimistic rollups on Ethereum. It processes transactions off the main chain and settles them back to Ethereum, which keeps fees lower for users.
Its user counts have swung widely in 2026. Earlier figures from other dashboards showed weekly active addresses ranging from 400K to 1.7M, depending on the exact window measured.
The spike also followed a stretch of lower activity. That base effect helps explain why the week-over-week percentage looks so large: growth from a quiet week always photographs well.
What this means
For investors and builders, the most telling detail is the mismatch between addresses and transactions. When users surge but transactions per user fall, the new arrivals are likely doing very little once they land.
A decline in stablecoin supply on growthepie during a week of rising addresses hints that capital and users were not moving in lockstep.
Arbitrum ranked fifth by transactions among tracked chains, which places it in a crowded field of Ethereum scaling networks fighting for the same users and liquidity.
Three metrics are worth tracking from here: daily active addresses relative to the 571,767 peak, transaction growth against that 1.7 million mark, and whether chain revenue climbs back above $19.3K.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The Arbitrum Mentorship Program is back for Cohort 2 in collaboration with Robinhood Chain.
Following the success of the first cohort, the Arbitrum Foundation is opening applications for the next group of early-stage teams building the next generation of products on Arbitrum One and Robinhood Chain.
Cohort 2 is a 12-week program built around two things founders need most as they move from early product to scale: access to capital and hands-on support to execute. Selected teams will work closely with mentors, operators, investors, and ecosystem partners throughout the program, with $100K in prizes available for the top-performing teams. The program concludes with Demo Day, where participating teams will present to an audience expected to include 50+ investors.
Applications for Cohort 2 are open until December 6th , 2026.
Building on Cohort 1The first cohort showed what can happen when strong founders get direct access to the right operators, investors, and ecosystem partners early.
More than 900 teams applied for Cohort 1 with ten teams presenting at Demo Day. Since then, Cohort 1 teams have collectively reported raising more than $10M, teams launched across Arbitrum One and Robinhood Chain, and dozens of investor introductions were made throughout the cohort.
Cohort 2 builds on those learnings with a more curated mentor network, closer support around fundraising and go-to-market, earlier investor engagement, and a greater focus on measurable progress throughout the program.
The objective is straightforward: help strong founders build, launch, grow, and raise on Arbitrum.
What Founders Can ExpectCohort 2 is designed around two core pillars: fundraising support and strategic execution.
Fundraising SupportFundraising support starts from the beginning of the program, not just at Demo Day.
Teams will work directly with investors and experienced operators to strengthen how they position their companies, structure their fundraising story, communicate traction, and pitch.
The program will include investment-readiness sessions, investor pitching workshops, pitch reviews, curated introductions to venture funds, and dedicated Demo Day preparation.
Teams will also begin with an internal Demo Day, giving mentors an early view into each company and helping identify the biggest gaps to work on over the following 12 weeks.
By the time founders reach the final Demo Day on the 25th of March 2027, the goal is for them to have a much stronger company story, investor pipeline, pitch, and understanding of what institutional investors are looking for.
Strategic Execution & MentorshipCohort 2 is designed to help founders make meaningful progress on the challenges that matter most to their companies.
Throughout the program, teams will take part in hands-on sessions covering areas such as product strategy, go-to-market, positioning, user acquisition, partnerships, data and growth, tokenomics, stablecoin infrastructure, AI tooling, and building on Robinhood Chain.
Rather than broad lectures, sessions will focus on practical execution and real company challenges, with the aim of helping founders leave with something they can apply directly to their business whether that is a clearer roadmap, growth experiment, partnership strategy, positioning framework, investor deck, or launch plan.
Founders will also work with contributors and teams from across the Arbitrum ecosystem and wider industry, including Robinhood Chain, Pantera, Pendle, Variational, USD.AI, Paxos, Entropy, Offchain Labs, & others alongside the Arbitrum Foundation. Ongoing access to mentors, ecosystem partners, and investors will give teams opportunities to pressure-test ideas, strengthen their companies, and build relationships ahead of Demo Day.
Who Should Apply?The Mentorship Program is designed for ambitious teams that are already building or are committed to building on Arbitrum One or Robinhood Chain.
We are particularly interested in teams that can demonstrate:
A working prototype, MVP, testnet deployment, or early live productPreseed or seed stage teamsA committed founding team with the ability to execute quicklyA clear problem and differentiated product thesisAmbition to build a category-leading companyA commitment to launch or scale on Arbitrum One or Robinhood ChainThe ability to make meaningful product, growth, or fundraising progress during the programTeams do not need to already be deployed on Arbitrum to apply. Founders currently exploring ecosystems can apply if they are prepared to commit to building on Arbitrum One or Robinhood Chain as part of the program.
From Application to Demo DayApplications will be reviewed on an ongoing basis, with selected teams progressing through the review and interview process ahead of the program kickoff. Kick off date for the program is planned for the 5th of January, 2027 and ends with Demo Day on the 25th of March, 2027. Dates are subject to change.
Demo Day will bring together participating teams, investors, ecosystem partners, and mentors, giving founders the opportunity to showcase what they have built and the progress they have made throughout the program.
Cohort 1 was the starting point.
Cohort 2 is about going further: giving founders earlier access to investors, deeper strategic support, and a clearer path from early product to a company that can launch, grow, and raise on Arbitrum One or Robinhood Chain.
Applications are now open.
Legal Disclaimer: Participation is subject to the Arbitrum Mentorship Program Terms and Privacy Notice . Prizes are awarded at the Arbitrum Foundation's sole discretion and are subject to eligibility, KYC and sanctions screening, as well as entering into a legal agreement with the Arbitrum Foundation which may include project exclusivity provisions, milestones or KPIs to unlock the full amount of the prize and investment rights. Program sessions are educational and don't constitute legal, financial, tax or investment advice. The Arbitrum Foundation doesn't guarantee any investment or funding outcome. Dates and program content may change.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Aerodrome and Velodrome have merged into Aero, a spot exchange launching on seven networks including Ethereum, Base and Arbitrum. Here is what changes for AERO and VELO holders.
Aerodrome and Velodrome (@VelodromeFi) have merged their operations under Aero (@aeroxyz), a spot exchange launching across seven blockchain networks. The combined platform aims to extend the model that made both decentralised exchanges (DEXs) leaders on their home networks.
Seven networks, one exchangeAero covers Ethereum (@ethereum) $ETH, Base (@base), Robinhood Chain (@RobinhoodCrypto), Ink (@inkonchain), OP Mainnet (@Optimism) $OP, Arc (@arc) and Arbitrum (@arbitrum) $ARB.
The networks collectively process approximately $120 billion in monthly DEX trading volume, according to the project. That figure reflects activity across those networks, not volume handled by Aero itself.
The two exchanges bring established market positions.
Aerodrome accounted for 58% of DEX trading volume on Base during the third quarter, while Velodrome captured 60% on OP Mainnet, according to the statement.
New features and token migrationAero will introduce predictive liquidity allocation, cross-chain Metaswaps and dynamic trading fees through Slipstream V3.
Predictive Allocation lets participants stake AERO and direct liquidity reward budgets to markets expected to generate returns.
The new token contract is base:0x940181a94a35a4569e4529a3cdfb74e38fd98631.
Holders should confirm the rates through official Aero channels before migrating.
Sources
The Block: Aerodrome and Velodrome merge to launch Aero across seven blockchain networksCryptowisser: Aerodrome and Velodrome merge into Aero, launch on 7 chainsGN Crypto: Aerodrome, Velodrome merger to create Aero on Oct. 21
Fhenix has launched its CoFHE privacy coprocessor on Ethereum ($ETH) and Arbitrum ($ARB) mainnet, letting smart contracts compute on encrypted data.
Fhenix (@fhenix) has launched its CoFHE privacy coprocessor on Ethereum (@ethereum) $ETH and Arbitrum (@arbitrum) $ARB mainnet. According to Bitcoin(.)com, the launch took place on October 21 and brings the fully homomorphic encryption (FHE) system into production.
The technology lets smart contracts perform computations on encrypted information without disclosing balances, positions or trading strategies, while still enforcing rules automatically.
How CoFHE worksFHE is a cryptographic method that allows calculations to run on data without decrypting it first. Crypto Briefing reports that CoFHE does the heavy computation off-chain and sends encrypted results back to the host chain, so contracts can still interact with existing infrastructure rather than sit in a separate privacy silo.
Fhenix says developers can integrate it with a single Solidity import, according to the same report. The launch also includes a Dual-Mode Token Standard, which Unchained describes as letting holders switch a balance between public and confidential in one transaction, without bridging.
Access is limited at the start. Crypto Briefing notes the mainnet is permissioned, so contracts must be approved for an allowlist before using CoFHE in production, while testnets remain open to developers.
Partners, audit and what comes nextBitcoin(.)com lists two initial design partners: Fluton, an encrypted intent engine for cross-chain transactions, and Alpha Engine, a network where strategists submit encrypted trading strategies to compete for liquidity. Both are focused on secure finance use cases.
Fhenix says the system was audited by Consensys Diligence before launch. Unchained reported that it could not find a public copy of the audit report, so readers should treat the audit claim as company-stated for now.
Looking ahead, Fhenix plans to deploy three more applications on CoFHE in the fourth quarter and announce two institutional strategic partnerships, per Bitcoin(.)com. The project's pitch is that institutions could use public blockchains without exposing every financial input to competitors.
The launch adds to a growing push for privacy tooling on Ethereum and its layer-2 networks. Its adoption will depend on how many approved applications go live and how the permissioned rollout evolves.
SourcesBitcoin(.)com News: Ethereum and Arbitrum Gain New Privacy Layer as Fhenix Goes Live
Crypto Briefing: Fhenix launches CoFHE coprocessor on Ethereum and Arbitrum
Unchained: Fhenix Goes Live on Ethereum and Arbitrum
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
21 October 2026 | 18:52 Arbitrum (ARB) is up more than 5% on Wednesday, trading near $0.198 as buyers bounce from a three-layer support band and extend a break of its October downtrend.
KEY TAKEAWAYS
→ 50-day SMA and 0.382 Fib meet near $0.186.
→ Rallies keep stalling near $0.205 since mid-October.
→ RSI climbs back above its 50 midpoint.
→ ARB trades 22% below September’s $0.255 high.
On the ARB daily chart from TradingView, the rebound leaves the token about 169% above its mid-August low near $0.073.
From the September peak to an October base ARB’s August rally added nearly 250% before topping out in late September. The slide that followed broke the rising channel the token had tracked since late August, and on October 8 a wick reached the 0.5 Fib near $0.164 before buyers stepped in.
Arbitrum daily price chart. Source: TradingView ARB then spent two weeks building a base between roughly $0.17 and $0.20. Over the past few sessions it has pushed through the descending trendline from the September high, and Wednesday’s green candle extends that break.
Support stacks up just below the price The retracement found its footing at the 0.382 Fibonacci level of the August rally, and the 50-day SMA has climbed to almost the exact same price. The broken downtrend line now sits just underneath both. With three lines packed into a band less than a cent wide, this is the level buyers most need to hold.
Support band near $0.18–$0.186 0.382 Fib ~$0.186 50-day SMA ~$0.186 Former downtrend line ~$0.18 Resistance starts at $0.205 The top of the October base near $0.205 has turned back at least three rallies since mid-October, including Tuesday’s.
A little higher, the 0.236 Fib near $0.212 sits about 7% above the current price. It held as the floor of the late-September consolidation before breaking at the start of October, so it could cap the next leg up.
RSI has climbed to about 53, crossing back above its signal line while staying well short of overbought territory. The longer-term averages back the move: the 50-day SMA sits above the 100-day near $0.135 and the 200-day near $0.120, and all three are still rising.
Where the bounce could fail The bigger structure has not flipped yet. Each rally since the September peak has topped out lower than the one before, and Wednesday’s candle has yet to close. A daily close back under the support band would turn this week’s breakout into another false start.
Potential Moves ARB sits between the top of its base near $0.205 and the support band near $0.186. Upside A daily close above the base this week could open a move toward the 0.236 Fib, with the September high the next hurdle beyond it. Rejection Another failure there could pull ARB back to the support band. A daily close below it before the end of October could expose the 0.5 Fib. Bigger picture A pullback that holds above the 0.618 Fib near $0.143 would leave the August uptrend intact. What to watch beyond the chart Three dates could matter as much as any level on the chart.
Thu, Oct 22 Arbitrum DAO votes close. Four temperature checks end, including a plan to make Paxos’ USDG stablecoin a core strategic initiative and add 100 million ARB from the DAO treasury to the DeFi Renaissance Incentive Program (DRIP). Temperature checks are early, non-binding votes, and a pass would send the plan to an on-chain vote. Treasury tokens count as circulating once the DAO deploys them, so a bigger incentive budget could add to supply over time. Wed, Oct 28 Fed rate decision. The Federal Reserve announces its policy decision at 2:00 PM ET. Rate decisions often move the whole crypto market at once, which can override token-specific setups like this one. Mon, Nov 16 Next token unlock. Team, contributor and investor allocations unlock on the 16th of each month under ARB’s launch vesting schedule. That works out to about 92.65 million ARB per release, or roughly $18 million at the current price. Four more releases follow before the schedule ends in March 2027. Is it ARB or the whole market? Bitcoin and Ether also rose on Wednesday, but by smaller margins, with gains of roughly 1% to 3% depending on the time window. ARB’s jump outpaced both, so the bounce is more than the broader market lifting every token. Whether Thursday’s governance votes are playing a part is something the chart alone cannot show.
How we read this chart
Daily ARB/USD candles on TradingView, captured at 15:35 UTC on October 21, 2026, with the day’s candle still open. Daily candles close at 00:00 UTC.
Fibonacci levels run from the mid-August low to the late-September high. Indicators used: the 50-, 100- and 200-day simple moving averages and the 14-day RSI.
This article is provided for informational purposes only and does not constitute financial advice. Cryptocurrency prices are volatile.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Arbitrum (ARB) traded near $0.190 on October 21, 2026, according to CoinMarketCap, more than double its record low of about $0.071 in late June but still about 92% below its all-time high of $2.40, set on January 12, 2024. Our base case puts ARB at $0.15 to $0.22 at the end of 2026, with a bull case of $0.30 to $0.50 and a bear case near $0.10. Longer term, the forecasts we reviewed split sharply: algorithmic models put ARB at about $0.22 to $0.40 in 2030, while Standard Chartered, which began covering the token in September, expects $10 by the end of 2030.
The gap comes down to one question: whether the revenue the Arbitrum network earns from other chains, led by Robinhood Chain, will ever reach ARB holders. Until it does, the token has to absorb about 92.65 million new ARB every month until March 2027, when the team and investor unlocks end.
What Is Arbitrum? Arbitrum is the largest group of Ethereum layer-2 networks built by Offchain Labs. Its main chain, Arbitrum One, is an optimistic rollup: it processes transactions off Ethereum and posts the data back to Ethereum, which cuts fees while relying on Ethereum for security. Other projects can launch their own chains with Arbitrum’s technology, and more than 30 of them, including Robinhood’s own blockchain, share part of their revenue with the Arbitrum DAO.
ARB is the governance token of the Arbitrum DAO, which controls a large treasury and votes on upgrades and spending. It was airdropped to users in March 2023 and has a maximum supply of 10 billion tokens; the DAO can vote to mint up to 2% more a year but has not done so. ARB is not used to pay gas fees on Arbitrum, which are paid in ETH, and holders do not receive a share of network revenue, which is the main reason its price has lagged the network’s growth.
ARB Market Data: October 2026 MetricValuePrice~$0.190Market Cap~$1.31 billion (55th largest)Circulating Supply~6.89 billion ARB (69% of max)Max Supply10 billion ARBAll-Time High$2.40 (January 12, 2024)All-Time Low~$0.071 (June 26, 2026)Distance From All-Time HighAbout -92%2025 PerformanceAbout -74% ($0.72 to $0.187)2026 So FarRoughly flat, range ~$0.071 to ~$0.256Arbitrum One TVL (DefiLlama)~$1.41 billionValue Secured (L2BEAT)~$10.5 billion, second among rollups Sources: CoinMarketCap on October 21, 2026; Binance price history; DefiLlama; L2BEAT.
Arbitrum Price History: From $2.40 to $0.07 ARB began trading on March 23, 2023, after the Arbitrum Foundation airdropped about 1.16 billion tokens to early users, plus about 113 million to DAOs building on the network. It ended 2023 near $1.56 and reached its all-time high of $2.40 on January 12, 2024, two months before the first team and investor tokens were released.
From then on, unlocks and a weak altcoin market pulled it lower. ARB closed 2024 near $0.72 and 2025 near $0.187, a loss of about 74% in 2025, after touching about $0.105 in the October 2025 market crash. In 2026 it fell to a record low of about $0.071 on June 26, then broke out at the end of August as fees from Robinhood Chain surged. Standard Chartered’s coverage in mid-September added to the rally, which peaked at about $0.256 on September 23 before ARB pulled back to about $0.19.
PeriodKey PriceDecember 31, 2023~$1.56 (2023 close)January 12, 2024$2.40 (all-time high)December 31, 2024~$0.72 (2024 close)January 2025~$0.95 (2025 high)December 31, 2025~$0.187 (2025 close)June 26, 2026~$0.071 (all-time low)September 23, 2026~$0.256 (2026 high so far)October 21, 2026~$0.190 How Did Earlier Arbitrum Predictions Hold Up? Forecasts made in 2024 and early 2025 were far too high. In April 2024, with ARB near $1.45, Mudrex projected an average price of about $2.01 for 2025 and $2.07 to $3.19 for 2026. In October 2024, DroomDroom expected $3 by mid-2026. Even Coinpedia’s more cautious 2025 forecast, made with ARB near $0.33, put the 2025 low at about $0.245. ARB ended 2025 at about $0.187, below every one of those figures, and traded near $0.08 to $0.10 for much of mid-2026.
Three things went wrong for the bulls. Around 92.65 million ARB a month reached the market from team and investor wallets, Arbitrum’s total value locked fell from about $2.9 billion at the start of 2026 to about $1.4 billion, and the token gained no direct claim on network revenue. The lesson for current forecasts is that network growth alone has not been enough to lift ARB.
What Is Driving ARB in 2026? Robinhood Chain and Arbitrum’s revenue share. Robinhood launched its own Arbitrum-based blockchain on July 1, 2026, and pays 10% of its net revenue to Arbitrum: 8% to the DAO and 2% to a developer guild. Its fees surged around the start of September, peaking at about $6 million on September 3 and staying above $2 million a day for about a week, but have averaged about $100,000 a day over the past month, according to DefiLlama. The Arbitrum DAO earned about $6.2 million in the first half of 2026, and holds more than $125 million in assets other than ARB.
Standard Chartered’s call. On September 15, 2026, Standard Chartered’s Geoff Kendrick set targets of $0.50 for the end of 2026, $1.50 for 2027, $3.50 for 2028, $6.50 for 2029 and $10 for the end of 2030, based on Arbitrum’s revenue from tokenized stocks and chains such as Robinhood’s. He also noted that ARB has no token burn and no direct claim on revenue, and said a buyback was becoming more likely.
Unlocks ending in 2027. About 92.65 million ARB, worth about $17 million at today’s price, is released on the 16th of each month. The next release is on November 16, 2026, and the schedule ends in March 2027, after which the supply overhang from early backers disappears.
Network activity. Arbitrum One is the second-largest rollup by value secured, at about $10.5 billion according to L2BEAT, behind Base at about $15.7 billion. It handles about 1.3 million transactions a day and holds about $3.5 billion in stablecoins. Its own fee revenue is small, about $8 million over the past year according to DefiLlama, because transaction fees on Arbitrum are now a fraction of a cent.
Recent setbacks. On October 2, 2026, Arbitrum’s Security Council paused new Stylus program activations over the risk of AI-assisted attacks; already-active Stylus contracts keep running. See our report on why Arbitrum paused new Stylus activations.
Arbitrum Price Predictions Compared: Analysts and Models SourceForecastDateStandard Chartered$0.50 end-2026; $1.50 2027; $3.50 2028; $10 end-2030September 15, 2026CoinCodex~$0.149 end-2026; ~$0.35 in 2030; ~$0.74 in 2040October 20, 2026ChangellyDecember 2026 average ~$0.171; 2030 average ~$0.303; 2040 average ~$0.96October 20, 2026CoinLoreEnd-2026 base ~$0.127; 2030 base ~$0.22, bull ~$1.21; bull passes $1 in 2028October 20, 2026PricePredictions.com2027 ~$0.161; 2030 ~$0.296October 12, 2026Telegaon2027 ~$2.17 to $3.42; 2030 ~$7.59 to $10.25; 2040 ~$46 to $58January 30, 2026 The forecasts fall into two groups. The algorithmic models, which update daily and lean heavily on recent prices, keep ARB below $0.50 until well into the 2030s. Standard Chartered and Telegaon expect ARB to recover most or all of its losses by 2030. Telegaon’s page was last updated in January 2026, when ARB traded higher, so its figures start from a much higher base. There is no active Polymarket or Kalshi market on ARB’s price.
Arbitrum Price Prediction by Year YearBear CaseBase CaseBull CaseEnd of 2026$0.10$0.15 to $0.22$0.30 to $0.502027$0.07$0.24$3.422028$0.09$0.27$5.082030$0.13$0.33$10.252035$0.41$0.75$26.592040$0.71$1.40$58.34 How this table is built: the 2026 row is our own scenario analysis, based on chart levels, the unlock schedule and published targets. Rows for 2027 to 2040 summarize the forecasts in the table above as of October 20, 2026: the bear case is the lowest published figure, the base case is the median of each source’s central forecast (the midpoint where only a range is given), and the bull case is the highest published figure. All bull figures come from Telegaon, last updated in January 2026. At a supply of 10 billion ARB, $10 would mean a market value of $100 billion and $58 would mean $580 billion. Speculative, not financial advice.
Arbitrum Price Prediction 2026 ARB enters the last ten weeks of 2026 near $0.190, close to its 20-day moving average of about $0.192 and above its 50-day average of about $0.184 on Binance daily closes, with its 14-day RSI near 50, a neutral reading. Its 200-day average, near $0.119, sits far below the price, a sign that the trend since the June low is still up. Support starts at the 50-day average, and resistance sits near $0.22 and the September high of about $0.256.
Arbitrum Price Prediction for the End of 2026 Base case ($0.15 to $0.22): ARB holds most of its September gains but drifts with the market as two more unlocks, on November 16 and December 16, add about 185 million tokens. This range brackets CoinCodex’s end-2026 figure of about $0.149 and Changelly’s December average of about $0.171.
Bull case ($0.30 to $0.50): Robinhood Chain activity recovers, the DAO moves toward a buyback or another way to pass revenue to holders, and altcoins rally into year-end. The top of this range is Standard Chartered’s end-2026 target of $0.50.
Bear case ($0.10): ARB loses its 50-day average and gives back the August breakout, falling toward the $0.075 to $0.10 range it traded in before September.
Arbitrum Price Prediction 2027 2027 is the year the monthly unlocks end, in March. The median base case is about $0.24: Changelly’s 2027 average is about $0.129, CoinLore’s base case about $0.127 and PricePredictions.com about $0.161, while CoinCodex’s monthly path runs from about $0.13 to $0.52. Standard Chartered’s $1.50 target would require ARB to rise about eightfold from today, and Telegaon’s $2.17 to $3.42 range is higher still. The lowest published figures, Changelly’s minimum and CoinLore’s bear case, sit near $0.07.
Arbitrum Price Prediction 2028 For 2028, the median base case is about $0.27. Changelly’s 2028 average is about $0.286, CoinCodex’s monthly path runs from about $0.18 to $0.35, CoinLore’s base case is about $0.152 and PricePredictions.com’s about $0.197, while Standard Chartered expects $3.50 and Telegaon $3.69 to $5.08. CoinLore’s bear case is about $0.091, and its bull case is about $1.08. By then all team and investor tokens will be unlocked, so the price will depend on demand for ARB rather than on the supply schedule.
Arbitrum Price Prediction 2030 For 2030, the median base case is about $0.33, with CoinCodex at about $0.35, Changelly at about $0.30, PricePredictions.com at about $0.30 and CoinLore at about $0.22. Standard Chartered’s $10 target and the top of Telegaon’s $7.59 to $10.25 range would each value ARB at about $100 billion at full supply, roughly 76 times its market value today.
Arbitrum Price Prediction 2035 and 2040 Long-range forecasts are speculative. For 2035, the median base case is about $0.75, with CoinCodex’s range at about $0.41 to $1.05, Changelly’s average at about $0.68 and CoinLore’s base case at about $0.77, while Telegaon expects $21.35 to $26.59. For 2040, the median base case is about $1.40, between Changelly’s average of about $0.96 and CoinLore’s base case of about $1.83; CoinCodex is at about $0.74, while Telegaon’s $46 to $58 would value ARB at roughly $500 billion.
Can Arbitrum Reach $1? Not in 2026, and only with a major change in how the token captures value. From about $0.190, ARB needs a gain of about 425% to reach $1. With roughly 7.4 billion ARB in circulation after the unlocks end in 2027, $1 would mean a market value of about $7.4 billion, about 2.4 times its market value at its January 2024 peak. Among the forecasts we reviewed, CoinLore’s bull case passes $1 as early as 2028, Changelly’s maximum passes $1 around 2035, and Standard Chartered expects $1.50 as early as 2027. For a shorter-term view of the token’s slide, see our analysis of ARB at $0.0899.
Key Factors Driving Arbitrum Price in 2026 to 2030 Value accrual to ARB. The single biggest factor. ARB holders do not receive fees, and the DAO has not approved a buyback or staking yield. A vote that links network revenue to the token would change the investment case; without one, ARB remains a governance token.
Revenue from Arbitrum chains. Robinhood Chain and more than 30 other Arbitrum chains pay a share of their revenue to the DAO. If tokenized stock trading grows as Standard Chartered expects, this could become a meaningful income stream.
The end of unlocks. The last team and investor release is due in March 2027. Removing about 1.1 billion ARB a year of new supply would ease one of the main pressures on the price.
Competition from Base. Coinbase’s Base leads Arbitrum in total value locked, at about $6.2 billion against $1.4 billion on DefiLlama, and in value secured on L2BEAT. Base has no token, so a Base token launch would compete directly for layer-2 investors.
Ethereum and the wider market. ARB tends to follow Ether and the altcoin market with higher volatility. See our Ethereum price prediction and Bitcoin price prediction for the wider outlook.
DAO decisions. Proposals such as Entropy Advisors’ October 2026 plan to spend 100 million ARB on incentives for the USDG stablecoin show how treasury spending can add to circulating supply as well as to activity on the network. See our report on Arbitrum joining the Global Dollar Network.
Bull Case vs. Bear Case Bull CaseBear CaseThe DAO approves a buyback, staking yield or revenue share for ARB holdersARB stays a pure governance token with no claim on revenueRobinhood Chain and other Arbitrum chains grow revenue from tokenized stocksRobinhood Chain fees stay near current lowsUnlocks end in March 2027 and supply pressure fadesDAO spending and incentives keep adding ARB to circulationArbitrum keeps its lead over Optimism and narrows the gap with BaseBase launches a token and draws users and investors awayARB reaches $0.50 in 2026 and $1 or more in the next cycleARB gives back its August breakout and returns to $0.07 to $0.10 How to Check the Current ARB Price and Price Prediction For the live ARB price, market value and supply, use CoinMarketCap or CoinGecko; for network data, DefiLlama shows Arbitrum’s total value locked and fees, and L2BEAT shows the value it secures and its security stage. The price forecasts on this page are updated with the market, and our daily crypto market today page covers the moves behind them. When comparing predictions from different sites, check the date each one was last updated and whether it is a model output or an analyst’s view, because algorithmic models and analyst targets for ARB differ by about 30 times for 2030.
Where to Buy Arbitrum ARB is available on major exchanges including Binance, Coinbase, Kraken, KuCoin, OKX and Bybit, and on decentralized exchanges on Arbitrum itself. European investors can also buy exchange-traded products from 21Shares and Valour; there is no US spot ARB ETF. ARB can be held in any wallet that supports Arbitrum or Ethereum.
Data sources: CoinMarketCap (price, supply and market value), Binance (price history and moving averages), DefiLlama (TVL, fees and stablecoins), L2BEAT (value secured), Tokenomist (unlock schedule), the Arbitrum Foundation (DAO income and treasury), Standard Chartered, and the published forecasts of CoinCodex, Changelly, CoinLore, PricePredictions.com, Telegaon, Mudrex, DroomDroom and Coinpedia, as of October 20 and 21, 2026.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile; always do your own research before investing.
Frequently Asked Questions What is the Arbitrum price prediction for 2026?
Our base case puts Arbitrum at $0.15 to $0.22 at the end of 2026, with a bull case of $0.30 to $0.50 and a bear case near $0.10. ARB trades near $0.190 on October 21. Standard Chartered’s year-end target is $0.50, while CoinCodex and Changelly expect about $0.15 to $0.17. Two more monthly unlocks, in November and December, will add about 185 million ARB.
What will Arbitrum be worth in 2030?
Forecasts for 2030 range from about $0.13 to $10.25. The median of the six sources we reviewed is about $0.33, with algorithmic models such as CoinCodex and Changelly at about $0.30 to $0.35. Standard Chartered expects $10 by the end of 2030, and Telegaon’s range tops out at about $10.25, either of which would value ARB at about $100 billion.
Can Arbitrum reach $1?
It is possible but would need a gain of about 425% from today’s price near $0.190, and a market value of about $7.4 billion once unlocks end in 2027, about 2.4 times its value at its 2024 peak. Standard Chartered expects $1.50 in 2027, while most algorithmic models do not reach $1 until the 2030s. A buyback or revenue share for holders would make $1 more realistic.
Can Arbitrum reach $10 or $100?
Standard Chartered expects $10 by the end of 2030, about 53 times today’s price and a $100 billion market value. $100 would require a $1 trillion valuation, more than three times Ether’s entire market value today, and none of the forecasts in our table gets there; the highest, Telegaon, tops out at about $58 in 2040. Algorithmic models’ base cases put ARB well under $1 in 2030.
Why is Arbitrum so low?
ARB is about 92% below its January 2024 high of $2.40 for three main reasons. About 92.65 million new tokens have reached the market every month since March 2024, Arbitrum’s total value locked has fallen sharply in 2026, and the token gives holders no share of network fees. Competition from Base and a weak altcoin market have added to the pressure.
When is the next Arbitrum token unlock?
The next unlock is on November 16, 2026, when about 92.65 million ARB will be released, mainly to team members, advisors and investors, worth about $17 million at current prices and about 1.3% of circulating supply. Unlocks of the same size take place on the 16th of each month until March 2027, when the vesting schedule for early backers ends.
What did Standard Chartered predict for Arbitrum?
In September 2026, Standard Chartered’s Geoff Kendrick set ARB targets of $0.50 for the end of 2026, $1.50 for 2027, $3.50 for 2028, $6.50 for 2029 and $10 for the end of 2030. The bank based its view on Arbitrum’s share of revenue from Robinhood Chain and other chains and on growth in tokenized stocks, and said a buyback was becoming more likely.
How can I check the current ARB price and price prediction?
CoinMarketCap and CoinGecko show the live ARB price, market value and supply, while DefiLlama and L2BEAT track Arbitrum’s network data. This page summarizes forecasts from analysts and models and is updated with the market. When comparing predictions, check when each was last updated and whether it comes from an algorithm or an analyst, as they differ widely.
What is Arbitrum used for?
Arbitrum is an Ethereum layer-2 network that makes transactions cheaper and faster while relying on Ethereum for security. It hosts DeFi apps, stablecoins and tokenized assets, and its technology powers other chains, including Robinhood Chain. The ARB token is used to vote on how the Arbitrum DAO runs the network and spends its treasury; gas fees on Arbitrum are paid in ETH.
Is Arbitrum a good investment?
That depends on your view of value accrual. Arbitrum One is the second-largest Ethereum rollup and earns revenue from Robinhood Chain and other Arbitrum chains, but ARB holders do not receive fees, monthly unlocks continue until March 2027 and the token is about 92% below its peak. A buyback or revenue share would strengthen the case. This is not financial advice.
More on this topic: Cryptocurrency Price Predictions and Understanding XRP Price Trends and Predictions.
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The privacy startup said its encryption coprocessor is now in production with dual-mode tokens and two launch apps, and that Consensys Diligence audited the system.
Fhenix's encryption coprocessor is now live on Ethereum and Arbitrum mainnet
Posted October 21, 2026 at 9:00 am ET.
On Ethereum, a wallet’s holdings are public by default: anyone with the address can see what it owns, what it trades and when. Fhenix, a startup building privacy tools for Ethereum, said Wednesday that smart contracts on Ethereum and Arbitrum mainnet can now work with balances, positions and trading strategies that remain encrypted onchain, while the contract still enforces its rules.
The company said its CoFHE coprocessor, built on fully homomorphic encryption (FHE), is now in production on both networks. Until the launch, CoFHE ran only on public test networks.
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How It Works FHE is a form of cryptography that lets a computer do math on data without decrypting it first. According to Fhenix, CoFHE handles the heavy encrypted computation off-chain and passes the results back to contracts on the two chains. Developers add it with one Solidity import and encrypted data types that, the company said, behave like normal variables.
The launch also brings Fhenix’s dual-mode token design into production. Tokens issued under Fhenix’s dual-mode standard carry a confidential mode next to their public one, according to the company, and a holder can shift a balance into confidential mode in one transaction and switch it back when needed. Fhenix said those tokens never leave their home chain, are not wrapped or bridged, and keep working with existing wallets, exchanges and DeFi apps.
Fhenix said Consensys Diligence audited the system before launch. Unchained could not find a public copy of the audit report.
First Apps and What Comes Next Two design partners went live on day one, according to Fhenix: Fluton, which the company describes as a confidentiality engine built on encrypted intents, and AlphaEngine, where strategists compete for users’ liquidity with strategies that stay encrypted, so their methods remain private. A December 2025 post on Fhenix’s blog said AlphaEngine’s operators decrypt and match users’ swap intents in a step designed to run inside a trusted execution environment, a secure hardware enclave.
Fhenix said three more apps will launch on CoFHE in the fourth quarter, and that it plans to name two strategic partnerships with institutions in the coming weeks. Founder Guy Zyskind said in the announcement that the team is “working on a confidential stablecoin together with Tandem,” Offchain Labs’ venture arm that invested in Fhenix in 2025. Offchain Labs develops Arbitrum.
Fhenix is not the only team bringing FHE to stablecoins. In late May, a court order led Circle to freeze about $12.6 million held in a confidential USDC contract run by Zama, another FHE developer, locking funds of users unconnected to the case.
Steven Goldfeder, co-founder and CEO of Offchain Labs, said in Fhenix’s announcement that the launch is “the beginning of something big: a programmable economy with programmable privacy, fully composable for the end user.”
Related Listen: ‘Like a Peanut Butter Allergy’: Why Institutions Need Onchain Privacy
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
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Fhenix has announced that its CoFHE coprocessor, which leverages fully homomorphic encryption (FHE), is now operational on both the Arbitrum and Ethereum networks. This milestone marks the shift of CoFHE from public test environments into full production, signaling a significant development in on-chain encrypted computation.
Key features of CoFHE and dual-mode tokensFHE, a cryptographic method, allows computing on encrypted data without needing to decrypt it first. By integrating this technology, Fhenix has enabled developers to perform complex calculations off-chain while preserving user privacy. The results of these encrypted computations are then relayed back to smart contracts across the two networks.
Fhenix claims that developers can integrate CoFHE with a single Solidity import, using encrypted data types that function like standard variables within Solidity-based applications. This integration is designed to streamline adoption while maintaining compatibility with existing Ethereum development practices.
Mini dictionary: Fully Homomorphic Encryption (FHE), a form of encryption that allows computations to be performed on encrypted data without needing to decrypt it. This enables privacy-preserving operations, safeguarding confidential information even during processing.
With the launch, the company has also rolled out its dual-mode token design. This new standard equips tokens with both public and confidential modes, allowing holders to switch balances between the two with a single transaction. According to Fhenix, these tokens always remain on their native chain and are neither wrapped nor bridged, ensuring compatibility with existing wallets, exchanges, and decentralized finance protocols.
Security audit and early partnersPrior to launch, Fhenix engaged Consensys Diligence to conduct a security audit of the CoFHE system. The company stated that the system successfully passed the audit, although a publicly accessible report has not been located.
On its first day in production, Fhenix onboarded two design partners: Fluton and AlphaEngine. Fluton is described as a confidentiality engine focusing on encrypted intents, while AlphaEngine offers a platform where strategists compete for user liquidity using private, encrypted strategies. Fhenix noted that AlphaEngine utilizes a trusted execution environment to decrypt and match user swap intents, supporting confidential transaction execution.
Mini dictionary: Trusted Execution Environment (TEE) is a secure area of a processor that ensures sensitive data is processed safely, protecting it from external software attacks.
Upcoming launches and ecosystem developmentFhenix reported that three additional applications are scheduled to launch on the CoFHE platform in the fourth quarter. The company also indicated that it will soon announce two new strategic partnerships with institutional players.
Founder Guy Zyskind mentioned that the team is collaborating with Tandem on a confidential stablecoin project. Tandem is the venture division of Offchain Labs, which develops the Arbitrum network and invested in Fhenix in 2025.
Founder Guy Zyskind stated that Fhenix is “working on a confidential stablecoin together with Tandem,” as part of the growing institutional interest in privacy-enabled blockchain assets.
Competitive developments in FHE stablecoinsFhenix is not the only company using FHE for stablecoin applications. In May, Circle, the issuer of USDC, froze approximately $12.6 million related to a confidential USDC contract managed by Zama, another FHE-focused technology developer. The action affected funds belonging to users who had no connection to the underlying legal case that prompted the freeze.
Tokens issued under Fhenix’s dual-mode standard carry a confidential mode alongside their public one, enabling users to move balances between modes securely without transferring assets across chains or requiring wrapped tokens.
Arbitrum has passed 2.4 billion lifetime transactions, according to Chainspect data. Here is what drives activity on the Ethereum Layer 2 and how it compares with rivals.
On-chain data shows @Arbitrum has passed 2.4 billion lifetime transactions, a new high for the Ethereum Layer 2 network. The figures were analyzed through @chainspect_app, a blockchain analytics platform that tracks transaction counts, throughput and fees across networks.
The milestone points to sustained demand for $ARB's home network, which has built its activity around perpetual derivatives order books, automated market maker (AMM) pools and fast stablecoin settlements. These use cases depend on cheap, quick execution, which is the problem Arbitrum was built to address.
How Nitro supports high transaction countsArbitrum is an Ethereum scaling network that uses optimistic rollup technology. According to Arbitrum's technical documentation, a Layer 2 system runs transactions without Ethereum needing to do all the work, with results later confirmed on the base layer.
Its current software, the Nitro stack, is described in the project's whitepaper as offering higher throughput, faster finality and more efficient dispute resolution than previous rollups. Nitro works by separating the sequencing of transactions from their execution, then settling results to Ethereum using fraud proofs.
Chainspect data also shows the network's speed profile. A Chainspect profile lists a block time of about 249 milliseconds and a theoretical throughput of 6,095 transactions per second, with a maximum recorded rate of 2,036 TPS over 100 blocks. Live throughput varies with demand and is usually far lower.
How Arbitrum compares with other networksThe 2.4 billion figure puts Arbitrum ahead of several established chains on lifetime transactions. Chainspect's comparison pages have previously shown Arbitrum with around 2.37 billion total transactions versus 1.44 billion for Bitcoin.
Leadership among Ethereum rollups is more contested. The same analytics provider shows Base with a larger all-time transaction count than Arbitrum, at roughly 6.83 billion versus 2.25 billion in one snapshot. Rankings differ depending on whether they measure lifetime totals, recent volume or value secured. On the latter, Arbitrum has been described as Ethereum's largest L2 by total value locked.
Separately, the Arbitrum Foundation's bi-annual update, as reported by Crypto Briefing, put the network's lifetime total at 2.7 billion transactions, including 478 million in the first half of 2026. Counts differ between data providers because of varying methodologies, so readers should check the source when comparing figures.
SourcesChainspect: Arbitrum TPS, finality, fees and block time
Arbitrum Docs: Inside Arbitrum Nitro
Crypto Briefing: Arbitrum Foundation H1 2026 report
Arbitrum has deepened its foray into tokenized traditional assets, overtaking Ethereum in holdings of a major euro-denominated fund managed by Amundi, as interest in institutional adoption on blockchain networks continues to grow. While the ARB token maintains its footing above a critical support level, analysts are watching closely for a possible breakout that could signal renewed momentum.
Arbitrum surpasses Ethereum in tokenized fund exposureAccording to data from MSB Intel, Arbitrum holds $158.86 million of the euro share class in SAFO, a tokenized fund managed by the prominent asset manager Amundi. Amundi currently oversees nearly €2.6 trillion in assets under management. Over the past 90 days, Arbitrum’s share in the fund rose by 103.68%, marking more than double Ethereum’s $64.17 million position in the same category.
These figures underscore Arbitrum’s growing presence in the sphere of tokenized traditional financial products, where blockchain-based representations of funds are aimed at improving efficiency in transfers and settlement of assets. While the adoption of tokenized fund products signals increasing institutional engagement, the reported holdings do not automatically translate into direct revenue for Arbitrum or additional demand for the ARB token.
The ongoing competition among blockchain networks to attract traditional financial assets has become especially prominent, with Amundi’s involvement considered significant because of its management scale and influence in global markets.
Arbitrum currently leads the race in the euro share class of Amundi’s SAFO fund, holding more than twice the amount seen on Ethereum, highlighting an accelerating trend of institutional adoption in blockchain-based finance.
It is important to note, however, that this comparison pertains specifically to the euro share class of the tokenized fund, not the broader tokenized assets sector. Both Arbitrum and Ethereum are represented in this traditional financial product, underscoring expanding experimentation across leading blockchain networks.
Key technical levels for ARB priceOn the price front, market analyst Bitcoin Meraklisi identified a crucial support level at $0.1733 for ARB, suggesting this point serves as a linchpin for the token’s current trajectory. If ARB maintains this level, optimism for further gains persists. The next major resistance is at $0.23, defined by Meraklisi as the neckline in an inverse head-and-shoulders chart pattern— a widely cited formation in technical analysis signifying potential bullish reversal.
Breaking above $0.23 and the prevailing trendline, which ARB has tested unsuccessfully four times since its introduction, would further bolster confidence in a sustained rebound. Meraklisi noted that confirmation of upside potential hinges on a breakout above these thresholds, while losing the $0.1733 support could undermine near-term sentiment.
Analyst targets $1.19 and $2.21 if breakout confirmedShould ARB clear both the neckline and trendline, Meraklisi outlined ambitious target levels at $1.19 and $2.21. These prices would require a significant technical breakout combined with favorable market momentum and sustained investor interest.
Technical analysts caution that holding above $0.1733 remains critical to maintain upward momentum for ARB, with any sustained breach risking a notable downside move.
Whether the broader adoption of tokenized traditional assets on Arbitrum can translate directly to ARB token price gains remains uncertain. Analysts stress that technical setups, momentum indicators, and ongoing shifts in overall crypto market sentiment will be decisive as the token faces key support and resistance zones in the days ahead.
Rapid movements triggered by Federal Reserve policy changes or sudden altcoin listings are driving market participants to streamline their monitoring processes. In this environment, many traders are opting for all-in-one, privacy-focused platforms like CryptoAppsy, which integrate real-time charts, tailored price alerts, specific crypto news feeds, and macroeconomic data onto a single screen, all without requiring user registration.
Arbitrum’s prominent holding in Amundi’s tokenized fund signals its growing role in the development of real world asset infrastructure, while near-term ARB price direction remains dependent on both technical factors and broader adoption trends.
PANews, October 20 - According to SoSoValue data, the crypto market sectors saw an overall slight pullback, with the DePIN sector continuing its pullback, falling another 1.09% in 24 hours, and Filecoin (FIL) dropping 2.58%. The AI sector remained relatively resilient, rising 0.83% in 24 hours, with Quack AI (Q) up 15.51% and Worldcoin (WLD) up 9.27%. Meanwhile, the Layer2 sector rose 0.46%, with Arbitrum (ARB) up 5.12%.
In addition, Bitcoin (BTC) fell 0.97%, dropping back above $81,000; Ethereum (ETH) fell 1.08%, breaking below $2,400.
In other sectors, the CeFi sector rose 0.21% in 24 hours, with Bitget Token (BGB) up 1.06%; the Meme sector rose 0.01%, with Pons (PONS) up 5.22%; the DeFi sector fell 0.12%, but Bedrock Token (BR) surged 47.68%; the Layer1 sector fell 0.26%, with NEAR Protocol (NEAR) down 3.71%; the PayFi sector fell 0.83%, with Telcoin (TEL) down 3.67%.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
CT surges over 48% in the short term, its FDV climbs to $300 million.
According to HTX market data, likely driven by news that Upbit will list CT on its KRW, BTC, and USDT trading pairs, CT surged over 48% in a short period, briefly breaking above $0.44, and has since pulled back to $0.39, with its fully diluted valuation (FDV) rising to $300 million.
4 minutes ago
Bitcoin briefly broke through $83,000.
According to HTX market data, Bitcoin briefly broke through $83,000, with a 24-hour gain of 1.54%.
4 minutes ago
Over the past 12 hours, UNITREE saw total liquidations of $1.9284 million across its network, including $1.9049 million in short position liquidations.
According to Coinglass data, UNITREE saw $1.9284 million in total liquidations across the network over the past 12 hours, with short positions accounting for $1.9049 million and long positions only $23,500. Unitree Technology’s stock rose 16.15% today, pushing its market capitalization to 200.58 billion yuan. Meanwhile, UNITREE perpetual contracts on Hyperliquid have recorded five consecutive negative funding rate settlements between 10:00 and 14:00 today, with a cumulative rate of approximately -0.47087%. Hyperliquid’s current funding rate is around -0.13732% per hour, with the estimated annualized funding rate rising to 1,240%. On Binance, UNITREE contracts currently carry a rate of approximately -0.777501% per 4 hours, with the next settlement scheduled for 16:00 Beijing Time, roughly 38% higher than Hyperliquid’s rate. If prices and funding rates remain at current levels, the 24-hour funding cost for a $10,000 short position would be around $338 on Hyperliquid and $467 on Binance.
4 minutes ago
Google open-sources Harness²: Allows AI to autonomously improve toolchains, lifting GLM-5's benchmark score by 11.5 points.
Insight: Beating AI Flash News, Google Research has open-sourced Harness2, enabling AI agents to automatically modify system prompts, memory, skills, tool rules, and even scripts and plugins without retraining the underlying model. The project is licensed under Apache 2.0 and supports OpenCode and Codex. Its core mechanism lets agents learn through trial and error: when facing a new task, the system first proposes multiple improvement plans, has different agent versions execute them separately, compares their performance, and finally combines the best elements to form a more suitable solution. Even without a standard answer, it can identify improvement directions based on actual execution processes. After a task is completed, the system retains records of which modifications worked and why, so it can reference this data for similar tasks in the future instead of starting from scratch each time. Google tested Harness2 using GLM-5 and Gemini 3.5 Flash. On WorkBuddy-Bench, GLM-5 paired with OpenCode saw its average score jump from 64.2 to 75.7 after just one round of optimization, outperforming unoptimized Gemini 3.5 Flash’s 72.4 points. In legal task tests, GLM-5’s pass rate for some scoring criteria also rose from 59.6% to 71.4%. However, the experiment defaulted to Claude Opus 4.8 for proposing and implementing improvements, with GLM-5 and Gemini primarily responsible for executing tasks—meaning the evolution was not achieved entirely by these models on their own. Chinese developer Joseph Zhou also demonstrated an experiment integrating Harness2 with Jev 1.14, noting consistent improvements in performance on visual tasks.
A whale withdrew $2.34 million worth of ARB and UNI from a CEX, coinciding with ARB unlocking over 90 million tokens in a single day
Whale address 0x204 withdrew approximately $2.34 million worth of Arbitrum (ARB) and Uniswap (UNI) tokens from Bybit about 2 hours ago.
Notably, Arbitrum just unlocked over 90 million ARB this week. Despite ongoing token unlock pressure, ARB's price has risen sharply recently and remained elevated over the past month.
Bloomberg: Hyperliquid seeks U.S. rules that protect its blockchain and place regulation at the application layer
Hyperliquid Labs co-founder Jeff Yan is seeking U.S. rules that can protect its blockchain. He believes Hyperliquid's regulatory responsibility should fall on the financial institutions operating markets on that blockchain — that is, at the application layer — rather than on the blockchain network itself. This regulatory division would allow Hyperliquid to enter Wall Street without bearing the full compliance burden of a traditional exchange.
Jeff Yan also said that Hyperliquid has not yet opened to U.S. customers. Hyperliquid would rather become the underlying trading technology used by traditional financial institutions than replace existing financial market participants, positioning itself by analogy to how Amazon Web Services (AWS) provides computing infrastructure for enterprises.
Another twist in Nscale's IPO plans: Microsoft exits data center project
Microsoft (MSFT.O) has exited its data center partnership with emerging UK cloud service provider Nscale in Loughton, Essex, England. The move comes at a critical time as Nscale prepares for its IPO, adding another twist to the startup's listing plans.
The report said Microsoft did not specify the reason for terminating the cooperation, but the project has faced a series of delays. Local authorities have informed Nscale that power for the facility is not expected to be available until the 2030s. In addition, Nscale's flagship project in Norway has also fallen about six months behind its original schedule, with only 6.4 MW of the planned 30 MW data center capacity currently operational.
According to Nscale's IPO filings, about 85% of the company's contracts depend on Microsoft and Anthropic. Microsoft had originally planned to be the anchor tenant of Nscale's first UK data center in Essex. Microsoft's exit will be a blow to Nscale, which is seeking to raise up to $3 billion through its IPO and could list as soon as this month.
Analyst: Mid- and small-cap crypto assets rarely lead BTC, but trend reversal risk is high
Crypto analyst Darkfost wrote that since late August, mid- and small-cap crypto assets have shown the strongest market cap growth, with the gap between their monthly average and annual average market cap continuing to widen, and the ratio now reaching 41%. By comparison, Bitcoin's ratio is 7%, and large-cap crypto assets are only 3.5%.
Darkfost noted that this trend is relatively rare, because Bitcoin usually leads the market first, as was the case after the bear market ended in 2023. However, mid- and small-cap assets are more sensitive to market changes, and the current trend could also reverse quickly.
Analysis: Long-end pricing anchor has clearly shifted to a "growth/AI cycle," and the market's pricing power over U.S. inflation is rapidly fading
CITIC Securities released a research note pointing out that U.S. September CPI of 3.7% YoY and PPI of 6.3% YoY both came in above expectations, but the reaction of long-end Treasury yields faded rapidly within 24 hours: after the CPI release on October 14, the 10-year Treasury yield first surged about 13bp to 5.325%, then gave back its gains and closed lower; after the PPI release on October 15, the 10-year rose only slightly by about 2.5bp while the 30-year moved directly lower, and the 10-year then quickly fell back to around 5.048%.
The market's pricing power over inflation is rapidly fading, and the long-end pricing anchor has clearly shifted to a "growth/AI cycle" — the "recession" it is pricing is essentially the tail risk of a downturn in the AI capex cycle, rather than a traditional demand recession, and it can coexist with stagflation. This is still left-side tentative pricing and has not yet formed a confirmed trend. In the short term, U.S. stocks may continue sector rotation, with funds shifting from AI themes to energy, defensive consumer staples, and healthcare that could benefit from expectations of a Democratic sweep in the midterms. Hong Kong stocks may also benefit from the reversal of overseas AI hardware trades, as well as capital allocation from Indonesia potentially being removed from the MSCI Emerging Markets Index.
Trader Killa: Still bullish on Bitcoin, will not close position before it reaches $126,000
Trader Killa wrote that Bitcoin's rise is not necessarily because the trend follows logic — sometimes it is precisely because the market defies convention. If market trends always followed logic and every move could be explained rationally, everyone would make money, but the Bitcoin market is not like that. He currently still holds a BTC long position and will not close it before the price reaches $126,000.
A trader transferred 1.662 million ONDO and nearly 30,000 LINK to Binance, with unrealized gains of over $400,000 after holding for 5 months
Trader "KIMCHOWOO" on OpenSea spent $676,500 about 5 months ago to buy about 1.662 million ONDO and nearly 30,000 LINK, and the value of the position once rose to $1.084 million during the holding period. About two hours ago, the trader transferred the entire position to Binance, and would profit over $400,000 if sold.
Data: ZRO, XPL and other tokens will see large unlocks next week, with ZRO unlocking about $43.3 million
Token Unlocks data shows that tokens including ZRO, XPL, and H will see large unlocks next week, among which:
LayerZero (ZRO) will unlock about 23.28 million tokens at 7:00 PM Beijing time on October 20, representing about 3.83% of circulating supply, worth about $43.3 million;
Plasma (XPL) will unlock about 227 million tokens at 8:00 PM Beijing time on October 25, representing about 5.02% of circulating supply, worth about $17.9 million;
Humanity (H) will unlock about 266 million tokens at 8:00 AM Beijing time on October 25, representing about 6.84% of circulating supply, worth about $15 million;
SoSoValue (SOSO) will unlock about 23.46 million tokens at 5:00 PM Beijing time on October 24, representing about 5.63% of circulating supply, worth about $6.9 million;
SOON (SOON) will unlock about 20.24 million tokens at 4:30 PM Beijing time on October 23, representing about 3.50% of circulating supply, worth about $6.3 million;
Kaito (KAITO) will unlock about 17.6 million tokens at 8:00 PM Beijing time on October 20, representing about 3.69% of circulating supply, worth about $5 million;
ChainOpera AI (COAI) will unlock about 19.55 million tokens at 3:00 PM Beijing time on October 25, representing about 6.36% of circulating supply, worth about $5 million.
DeepSeek announces API web search and scraping fees: 5 yuan per 1,000 successful requests
DeepSeek issued an announcement that the DeepSeek API now supports web search and scraping, billed by request count at 5 yuan per 1,000 successful requests. The announcement said that when users currently use the DeepSeek API in DeepSeek Harness/Claude Code/Codex, they already access the Search/Fetch interfaces through server-side tool calls, and these Search/Fetch interface calls are currently not billed. They will begin to be charged per call starting at 00:00 Beijing time on November 1, 2026.
Strive CEO posts chart again, possibly hinting at Bitcoin accumulation data disclosure next week
Strive CEO Matt Cole again posted the company's Bitcoin holdings data chart on X, with the caption "now stacking sats at double horsepower," hinting that BTC accumulation data may be disclosed next week, a move that may emulate Strategy founder Michael Saylor.
Michael Saylor posts Bitcoin Tracker info again, may disclose position change data next week
Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, again posted Bitcoin Tracker-related information. Based on past patterns, Strategy usually discloses Bitcoin position change information the day after Michael Saylor posts related messages.
Divergence over Bitcoin's year-end outlook intensifies: optimists look to $100,000, cautious camp focuses on inflation pressure
Institutions hold differing views on Bitcoin's year-end trajectory, with optimists looking toward $100,000 and the cautious camp focusing on inflation pressure.
Bitwise Head of Research Ryan Rasmussen believes that, driven by continued institutional buying through ETFs and corporations, inflation and government debt concerns, and a clearer regulatory environment, Bitcoin could break above $100,000 by the end of 2026. LO:TECH Head of Research Adam Morgan McCarthy expects Bitcoin will most likely trade in the $85,000–$95,000 range before year-end, with inflation pressure and Fed policy remaining market headwinds; to return above $100,000, the market may need to lower expectations for a Fed rate hike in December, and falling oil prices and easing inflation could help bring about that change.
CoinShares Head of Research James Butterfill pointed out that the contradiction between persistent inflation and a weakening labor market will affect the Fed's future policy room: cooling inflation could provide room to respond to labor market weakness, while re-accelerating inflation could keep monetary policy restrictive.
Q3 crypto security incident losses up 55% QoQ, Hacken warns audits cannot cover all risks
A report from blockchain security firm Hacken shows that in the third quarter of 2026, the crypto industry saw 107 security incidents with losses of $1.18 billion, up 55% quarter-over-quarter. Of this, about $906.8 million in losses involved breaches of suppliers or development tools, known vulnerabilities not patched in time, and related components not included in the latest audit scope. In addition, some derivatives trading platforms and prediction markets rely on inadequate key management arrangements for asset security, though no actively exploited vulnerabilities have been found on those platforms. The analysis holds that security audits cannot replace continuous vulnerability management, and projects still need to patch known vulnerabilities promptly and ensure audits cover system components that actually affect fund security.
Hyperliquid burned about $891,000 worth of HYPE in the past 24 hours, cumulative burn at 4.96% of max supply
Hyperliquid repurchased and burned about 11,340 HYPE in the past 24 hours at an average price of $78.55, worth about $890,900, while platform fee revenue over the same period was estimated at about $764,900.
To date, HYPE's cumulative burn is about 49.63 million tokens, worth about $3.9 billion at current valuation, accounting for 4.96% of its 1 billion max supply. In addition, Hyperliquid's revenue over the past 30 days was about $69.94 million.
Justin Sun trades PEPE again after two years, received 7.2 trillion PEPE from Poloniex multisig address 22 hours ago
Justin Sun traded PEPE again after a two-year gap. 22 hours ago, the Justin Sun address (0x176…0a132) received 7.2 trillion PEPE, worth $28.44 million, from a Poloniex multisig address.
CZ responds to BNB phone proposal: not sure carrying a crypto phone is a good idea
BNB ecosystem member Spigg proposed launching a dedicated BNB phone that integrates a native wallet, instant payment and transfer functions, and consolidates all DApps in the BNB ecosystem onto a single platform, so users can manage assets, make payments, and interact with on-chain applications on one device.
In response, Binance founder CZ said he rarely disagrees with Spigg, but appeared to remain reserved about whether carrying a crypto phone is a good idea. However, CZ did not further explain his specific concerns, nor did he explicitly oppose launching a BNB phone.
"Bitcoin Jesus" Roger Ver reaches deal with Trump administration, will pay up to $49.9 million to settle U.S. tax charges
Early Bitcoin investor Roger Ver, known as "Bitcoin Jesus," has reached a deferred prosecution agreement with the U.S. Department of Justice to resolve criminal charges of alleged mail fraud and tax evasion. Under the agreement, if Ver complies with the relevant terms, the indictment against him will be dismissed after one month, and the IRS may recover up to $49.9 million from him, covering taxes, civil penalties, and interest.
The DOJ previously alleged that Ver failed to pay at least $48 million in taxes after renouncing his U.S. citizenship in 2014 and obtaining citizenship in St. Kitts and Nevis. Ver was arrested in Spain in April 2024. Earlier this year, he publicly called on Trump to help end the legal action against him, but ultimately did not receive a presidential pardon, instead resolving the case through an agreement with the Trump administration. Ver expressed gratitude for the resolution of the case and for the leadership and professional handling of the Trump administration.
Qubic discloses security incident that compromised 1,404 wallets, about 2.94 trillion QU transferred
Qubic released a security incident update stating that between 23:42 on October 17 and 01:26 on October 18 (UTC), attackers exploited a vulnerability of insufficient randomness in some wallet seeds to access and transfer assets from 1,404 Qubic wallets, involving about 2.94 trillion QU. Qubic said the issue lay in the wallet seed generation process, not in the Qubic protocol itself.
Broadcom, Verizon and 7 other U.S. companies oppose tokenized trading of their stocks on OKXICE
OKXICE, a tokenized stock trading platform jointly established by OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, disclosed in an announcement released on October 15 that nine U.S. listed companies have opposed trading of their stocks on the platform, including Broadcom, Verizon, UnitedHealth, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Applied Optoelectronics, and Cerebras Systems, which had previously chosen to exit. The announcement did not state the reasons for the opposition. In addition, Nasdaq said it would choose not to have its own stock tokenized under this framework. OKXICE had previously notified the SEC of its plan to rely on the five-year "innovation exemption" launched by the SEC on September 17 to first list tokenized stocks of 63 U.S. listed companies.
Anthropic announces public benefit fund, commits 5% of shares to public interest
The company will inject a portion of its shares into the newly established Anthropic Public Benefit Fund. Subject to shareholder approval, it is committing 5% of shares today; thereafter, each time the company's valuation grows 50% above a set baseline, the board may, at its discretion, add another 2%. The fund is set up as a wholly owned LLC rather than a charitable structure such as a 501(c)(3), and the equity held will not be used for lobbying or political donations in any country. Anthropic said the fund will be used for large donations to traditional nonprofits, direct distributions to specific groups, and other purposes, with a key focus on addressing the labor market impact of AI (the company has already committed $200 million to this). Combined with the founders' commitment to donate 80% of their holdings and an employee equity matching program, about 20% of Anthropic's shares will be used for the public interest, and may increase further with valuation milestones.
Latvia plans to allow residents to pay taxes with crypto as early as 2027, parliament simultaneously reforms crypto tax rules
Dizis Dejus, strategic planning advisor to the Latvian Prime Minister, said at the UN:BLOCK fintech conference in Riga that the country plans to allow residents to use cryptocurrency to pay personal income tax as early as next year. The Ministry of Finance has agreed, but technical integration with payment service providers remains to be completed. The move builds on the crypto tax payment and asset tokenization plan announced in May 2025. The Latvian parliament passed legislation on October 15 to tax withdrawals from crypto investment accounts that exceed the initial deposit amount, replacing the previous practice of taxing each transaction, and introduced a one-time declaration mechanism: holders can pay 10% on the market value of declared assets by the end of 2026 to settle historical tax liabilities, with the declaration period from April 1 to May 31, 2027, and the tax payment deadline on July 23. Dejus did not disclose the payment service providers or eligible currencies.
South Korean stock market opens down 3%
South Korea's KOSPI index fell below 5,600 points in early trading, down 3.17% intraday. SK Hynix fell 4%, and Samsung Electronics fell 3%.
Nikkei 225 intraday decline widens to 2.2%, South Korea's KOSPI intraday decline narrows to 1%
The Nikkei 225 index fell back below 64,000 points, down 2.20% intraday. South Korea's KOSPI index narrowed its intraday decline to 1.00%, after falling more than 3% earlier.
A whale closed a $110 million BTC long and switched to a $45.8 million U.S. stock long
A whale's long position of 1,360 BTC (about $110 million) had a market stop-loss placed at $80,500 that was ultimately not triggered. At 4 AM, BTC briefly fell to $80,684, just $184 away from the stop-loss price, but did not continue lower. At 5 AM, the whale closed the BTC long at $80,949, losing about $3.26 million. It then shifted to U.S. stocks, opening a long position worth $45.8 million, including TSLA, DRAM, and SOXL. The liquidation price of this long position is at $80,034.
Musk comments on Anthropic public benefit fund: suggests "distributing shares directly to the public"
Anthropic announced early this morning that it will inject a portion of its shares into a newly established wholly owned entity, the Anthropic Public Benefit Fund, which serves the public interest entirely. The fund's initial size is 5% of the company's shares, and thereafter each time the company's valuation grows 50% above a set baseline, an additional 2% can be injected, up to about 20%. In response, Elon Musk replied suggesting "distributing shares directly to the public," and later added "that's exactly what I'm going to do."
World launches World ID suite for banks, Zoom deepfake detection fully open
World (Worldcoin), the identity project co-founded by Sam Altman, launched a World ID suite for banks and financial institutions, the first industry-specific product for the identity protocol. Co-founder Alex Blania unveiled it at the Money20/20 conference. The suite integrates the World ID app, World ID for Zoom, and World ID for Agents (AgentKit) for AI agents, designed to guard against deepfake fraud and AI impersonation. The Zoom deepfake detection feature has ended its testing phase that began in April and is now fully open. World named OpenExchange, Bain Capital, VanEck Funds, and Outtake as design partners, but did not disclose the specific banks using the product or pricing. More than 18 million people currently hold "Proof of Human."
CZ's autobiography "Freedom of Money" Japanese edition launches, all proceeds donated to charity
Binance founder CZ (Changpeng Zhao) posted that the Japanese edition of his autobiography "Freedom of Money" officially went on sale that day. The English edition, Chinese edition, and Audible audiobook were previously launched, with more languages coming soon. CZ said all proceeds from the book will be donated to charity. He also released a 4-minute-31-second video recounting his personal experience, noting that the video and most of the voiceover were generated by AI.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Hyperliquid burned 11,340 HYPE tokens over the past 24 hours.
According to OnchainLens monitoring, Hyperliquid purchased and burned 11,340 HYPE tokens at an average price of $78.55 over the past 24 hours. Its cumulative burn volume has now reached 49.63 million tokens, valued at approximately $3.9 billion, accounting for 4.96% of its maximum total supply of 1 billion tokens.
8 minutes ago
Ethereum falls below $2,400, with a 1.13% drop in 24 hours.
According to HTX market data, Ethereum has dropped below $2,400, recording a 1.13% decline in the past 24 hours.
8 minutes ago
Michael Saylor has once again released Bitcoin Tracker information, possibly signaling an increase in his BTC holdings.
Strategy founder Michael Saylor has once again shared updates related to its Bitcoin Tracker, stating, "We found room for more orange." Per established patterns, orange dots mark Strategy’s Bitcoin purchase records, so this move likely signals the company will increase its BTC holdings. Strategy typically discloses changes in its Bitcoin position the day after such announcements. On October 12, Strategy revealed it had added 250 BTC the prior week, bringing its dollar reserves down to $5.52 billion (a decrease of $193 million), while its total Bitcoin holdings rose to 848,250 BTC.
8 minutes ago
Strive's CEO released Bitcoin Tracker information, hinting that the company will announce another increase in its Bitcoin holdings.
Bitcoin treasury firm Strive CEO Matt Cole shared a Bitcoin holdings chart, captioned "Now stacking sats with double the horsepower", hinting that he will disclose data on the firm’s Bitcoin (BTC) additions next week. Strive recently added 2,822 BTC between October 12 and 13 at an average price of approximately $83,266 per coin. The acquisition cost $235 million, bringing the company’s total Bitcoin holdings to 35,600 coins.
8 minutes ago
Citrini's view: Yangtze Memory Technologies may go public as early as December this year, leading to a liquidity competition with Changxin.
Citrini analyst Jukan has shared a report from South Korean brokerage Hanwha Investment & Securities, which, following local research in China, concludes that Yangtze Memory Technologies (YMTC) is more likely to go public in December this year, rather than the mid-March next year timeline previously projected based on ChangXin Memory Technologies’ schedule. YMTC plans to raise approximately 33 billion yuan, a larger sum than ChangXin’s planned ~29.5 billion yuan. Of the total funds, around 20.8 billion yuan will be allocated to scaling mass production and constructing its Phase III production line, with the goal of boosting its NAND flash market share by 2027. Analyst Jukan points out that large-scale IPOs will temporarily siphon liquidity from existing tech stocks, leading investors to sell holdings including ChangXin to subscribe for the new offering. ChangXin currently has a tradable share float of just ~6.73%, and starting January 2027, approximately 2.24% of its total shares will be unlocked. Valued at the October 16 closing price, these unlocked shares are worth roughly 68.5 billion yuan; if the stock returns to its peak, that figure would rise to ~94 billion yuan, creating notable tradable share pressure.
8 minutes ago
DeepSeek announces API web search and scraping fees: 5 yuan per 1,000 successful requests.
Beating AI News Flash: DeepSeek announced that its API now supports web search and crawling, with billing based on request volume, priced at 5 yuan per 1,000 successful requests. Currently, when users utilize DeepSeek API in DeepSeek Harness, Claude Code, or Codex, they access the Search/Fetch interface via server-side tool calls. These Search/Fetch calls are currently free of charge, and will be billed per use starting from 00:00 Beijing Time on November 1, 2026.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Michael Saylor has once again released Bitcoin Tracker information, possibly signaling an increase in his BTC holdings.
Strategy founder Michael Saylor has once again shared updates related to its Bitcoin Tracker, stating, "We found room for more orange." Per established patterns, orange dots mark Strategy’s Bitcoin purchase records, so this move likely signals the company will increase its BTC holdings. Strategy typically discloses changes in its Bitcoin position the day after such announcements. On October 12, Strategy revealed it had added 250 BTC the prior week, bringing its dollar reserves down to $5.52 billion (a decrease of $193 million), while its total Bitcoin holdings rose to 848,250 BTC.
28 minutes ago
Strive's CEO released Bitcoin Tracker information, hinting that the company will announce another increase in its Bitcoin holdings.
Bitcoin treasury firm Strive CEO Matt Cole shared a Bitcoin holdings chart, captioned "Now stacking sats with double the horsepower", hinting that he will disclose data on the firm’s Bitcoin (BTC) additions next week. Strive recently added 2,822 BTC between October 12 and 13 at an average price of approximately $83,266 per coin. The acquisition cost $235 million, bringing the company’s total Bitcoin holdings to 35,600 coins.
28 minutes ago
Citrini's view: Yangtze Memory Technologies may go public as early as December this year, leading to a liquidity competition with Changxin.
Citrini analyst Jukan has shared a report from South Korean brokerage Hanwha Investment & Securities, which, following local research in China, concludes that Yangtze Memory Technologies (YMTC) is more likely to go public in December this year, rather than the mid-March next year timeline previously projected based on ChangXin Memory Technologies’ schedule. YMTC plans to raise approximately 33 billion yuan, a larger sum than ChangXin’s planned ~29.5 billion yuan. Of the total funds, around 20.8 billion yuan will be allocated to scaling mass production and constructing its Phase III production line, with the goal of boosting its NAND flash market share by 2027. Analyst Jukan points out that large-scale IPOs will temporarily siphon liquidity from existing tech stocks, leading investors to sell holdings including ChangXin to subscribe for the new offering. ChangXin currently has a tradable share float of just ~6.73%, and starting January 2027, approximately 2.24% of its total shares will be unlocked. Valued at the October 16 closing price, these unlocked shares are worth roughly 68.5 billion yuan; if the stock returns to its peak, that figure would rise to ~94 billion yuan, creating notable tradable share pressure.
28 minutes ago
DeepSeek announces API web search and scraping fees: 5 yuan per 1,000 successful requests.
Beating AI News Flash: DeepSeek announced that its API now supports web search and crawling, with billing based on request volume, priced at 5 yuan per 1,000 successful requests. Currently, when users utilize DeepSeek API in DeepSeek Harness, Claude Code, or Codex, they access the Search/Fetch interface via server-side tool calls. These Search/Fetch calls are currently free of charge, and will be billed per use starting from 00:00 Beijing Time on November 1, 2026.
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Viewpoint: Nearly 90% of Ethereum lending liquidations have taken atomic paths over the past year, and real-world assets (RWA) may shift to off-chain liquidations.
Analysis firm Sentora reported that 89% of the roughly $1.63 billion in liquidations on Ethereum lending platforms over the past year were settled via atomic paths. Atomic liquidations depend on decentralized exchange (DEX) liquidity. Real World Asset (RWA) collateral, which features thin liquidity pools and whitelist transfer restrictions, will push more liquidations to shift to off-chain market makers, request for quote (RFQ), and solver paths. Atomic paths refer to liquidations that complete collateral liquidation and debt repayment within a single on-chain transaction, with common methods including flash loans, self-funded advances, or direct contract calls. By contrast, RWAs are often hard to offload immediately on DEXs, so liquidations will more frequently be handled by compliant off-chain market makers, who acquire the collateral via inquiry transactions and solvers before closing out positions.
28 minutes ago
Next Week's Macro Outlook: Federal Reserve Enters Blackout Period, Jensen Huang to Appear at GTC Berlin, Meta and Tesla's Earnings Reports Will Be the Market Focus
Last week, US tech stocks saw a sharp pullback, with the Nasdaq down over 4% for the week. While digesting stronger-than-expected inflation data, markets are re-examining the "unbreakable economy" narrative. The Federal Reserve has entered the pre-FOMC meeting blackout period ahead of the Oct 28 policy meeting, with no official remarks. This week’s asset pricing will hinge more on tech giants’ earnings and economic data: Meta and Tesla will release results, while the semiconductor and storage sectors also enter their earnings disclosure window. Friday’s preliminary PMI readings for the US and Europe, plus the final Michigan consumer confidence index, will test the interest rate hike path.
Geopolitically, Trump has suspended full-scale sanctions and tariffs on Russia, setting a roughly 60-day review period. Disruptions to shipping in the Strait of Hormuz and rising Middle East tensions continue to support oil price premiums.
Key events this week:
Tuesday: NVIDIA GTC Berlin kicks off (runs through Oct 22)
Wednesday: US API and EIA crude oil inventories for the week ended Oct 16; NVIDIA CEO Jensen Huang delivers a keynote at GTC Berlin in the evening (Beijing time); US stocks enter a heavy earnings day, with Meta, Tesla, IBM, and Lam Research reporting results after market close
Thursday: US initial jobless claims for the week ended Oct 17; Nokia reports earnings before the US market opens, while Western Digital and MaxLinear report after close
Friday: Preliminary S&P Global US manufacturing and services PMI for October; final University of Michigan consumer confidence index and 1-year inflation expectations for October; September CPI and preliminary composite/manufacturing/services PMI for Japan, as markets gauge price trends ahead of the Bank of Japan’s Oct 30 policy meeting
Michael Saylor has once again released Bitcoin Tracker information, possibly signaling an increase in his BTC holdings.
Strategy founder Michael Saylor has once again shared updates related to its Bitcoin Tracker, stating, "We found room for more orange." Per established patterns, orange dots mark Strategy’s Bitcoin purchase records, so this move likely signals the company will increase its BTC holdings. Strategy typically discloses changes in its Bitcoin position the day after such announcements. On October 12, Strategy revealed it had added 250 BTC the prior week, bringing its dollar reserves down to $5.52 billion (a decrease of $193 million), while its total Bitcoin holdings rose to 848,250 BTC.
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Strive's CEO released Bitcoin Tracker information, hinting that the company will announce another increase in its Bitcoin holdings.
Bitcoin treasury firm Strive CEO Matt Cole shared a Bitcoin holdings chart, captioned "Now stacking sats with double the horsepower", hinting that he will disclose data on the firm’s Bitcoin (BTC) additions next week. Strive recently added 2,822 BTC between October 12 and 13 at an average price of approximately $83,266 per coin. The acquisition cost $235 million, bringing the company’s total Bitcoin holdings to 35,600 coins.
28 minutes ago
Citrini's view: Yangtze Memory Technologies may go public as early as December this year, leading to a liquidity competition with Changxin.
Citrini analyst Jukan has shared a report from South Korean brokerage Hanwha Investment & Securities, which, following local research in China, concludes that Yangtze Memory Technologies (YMTC) is more likely to go public in December this year, rather than the mid-March next year timeline previously projected based on ChangXin Memory Technologies’ schedule. YMTC plans to raise approximately 33 billion yuan, a larger sum than ChangXin’s planned ~29.5 billion yuan. Of the total funds, around 20.8 billion yuan will be allocated to scaling mass production and constructing its Phase III production line, with the goal of boosting its NAND flash market share by 2027. Analyst Jukan points out that large-scale IPOs will temporarily siphon liquidity from existing tech stocks, leading investors to sell holdings including ChangXin to subscribe for the new offering. ChangXin currently has a tradable share float of just ~6.73%, and starting January 2027, approximately 2.24% of its total shares will be unlocked. Valued at the October 16 closing price, these unlocked shares are worth roughly 68.5 billion yuan; if the stock returns to its peak, that figure would rise to ~94 billion yuan, creating notable tradable share pressure.
28 minutes ago
DeepSeek announces API web search and scraping fees: 5 yuan per 1,000 successful requests.
Beating AI News Flash: DeepSeek announced that its API now supports web search and crawling, with billing based on request volume, priced at 5 yuan per 1,000 successful requests. Currently, when users utilize DeepSeek API in DeepSeek Harness, Claude Code, or Codex, they access the Search/Fetch interface via server-side tool calls. These Search/Fetch calls are currently free of charge, and will be billed per use starting from 00:00 Beijing Time on November 1, 2026.
28 minutes ago
Viewpoint: Nearly 90% of Ethereum lending liquidations have taken atomic paths over the past year, and real-world assets (RWA) may shift to off-chain liquidations.
Analysis firm Sentora reported that 89% of the roughly $1.63 billion in liquidations on Ethereum lending platforms over the past year were settled via atomic paths. Atomic liquidations depend on decentralized exchange (DEX) liquidity. Real World Asset (RWA) collateral, which features thin liquidity pools and whitelist transfer restrictions, will push more liquidations to shift to off-chain market makers, request for quote (RFQ), and solver paths. Atomic paths refer to liquidations that complete collateral liquidation and debt repayment within a single on-chain transaction, with common methods including flash loans, self-funded advances, or direct contract calls. By contrast, RWAs are often hard to offload immediately on DEXs, so liquidations will more frequently be handled by compliant off-chain market makers, who acquire the collateral via inquiry transactions and solvers before closing out positions.
28 minutes ago
Next Week's Macro Outlook: Federal Reserve Enters Blackout Period, Jensen Huang to Appear at GTC Berlin, Meta and Tesla's Earnings Reports Will Be the Market Focus
Last week, US tech stocks saw a sharp pullback, with the Nasdaq down over 4% for the week. While digesting stronger-than-expected inflation data, markets are re-examining the "unbreakable economy" narrative. The Federal Reserve has entered the pre-FOMC meeting blackout period ahead of the Oct 28 policy meeting, with no official remarks. This week’s asset pricing will hinge more on tech giants’ earnings and economic data: Meta and Tesla will release results, while the semiconductor and storage sectors also enter their earnings disclosure window. Friday’s preliminary PMI readings for the US and Europe, plus the final Michigan consumer confidence index, will test the interest rate hike path.
Geopolitically, Trump has suspended full-scale sanctions and tariffs on Russia, setting a roughly 60-day review period. Disruptions to shipping in the Strait of Hormuz and rising Middle East tensions continue to support oil price premiums.
Key events this week:
Tuesday: NVIDIA GTC Berlin kicks off (runs through Oct 22)
Wednesday: US API and EIA crude oil inventories for the week ended Oct 16; NVIDIA CEO Jensen Huang delivers a keynote at GTC Berlin in the evening (Beijing time); US stocks enter a heavy earnings day, with Meta, Tesla, IBM, and Lam Research reporting results after market close
Thursday: US initial jobless claims for the week ended Oct 17; Nokia reports earnings before the US market opens, while Western Digital and MaxLinear report after close
Friday: Preliminary S&P Global US manufacturing and services PMI for October; final University of Michigan consumer confidence index and 1-year inflation expectations for October; September CPI and preliminary composite/manufacturing/services PMI for Japan, as markets gauge price trends ahead of the Bank of Japan’s Oct 30 policy meeting
At 13:43 UTC on October 15, 2026, the Arbitrum Foundation opened its Stablecoin Growth Program to protocols with at least $1M in stablecoin balances. The program asks accepted teams to make $USDG their primary stablecoin on Arbitrum One. Its headline award is a 2M $ARB pool for the first 10 participants to reach a 30-day average balance of $10M in $USDG.
The award is only one part of the program. Arbitrum says accepted teams may receive performance-based incentives as their $USDG activity grows. The support package may also include marketing resources, partner introductions, integration help, direct access to the ecosystem team, and potential access to the DeFi Renaissance Incentive Program.
How the award works Each of the first 10 qualifying teams may receive up to 200,000 $ARB. The program terms cap each award at a maximum USD value of $200,000. A team must be accepted into the program, execute an agreement with the Foundation, and submit evidence that the Foundation accepts. The qualifying balance is a 30-day average of $10 million in $USDG on the participant’s product or project.
The terms give the Foundation reasonable efforts to pay within 21 days after all onboarding requirements are satisfied. Each participant can receive the balance grant once. The 2M $ARB pool remains available until 23:59 UTC on December 31, 2027, although the Foundation reserves the right to modify, replace, or cancel it under circumstances outside its control.
The process has separate application and award gates. Meeting the $1M entry threshold permits a protocol to apply, but the Foundation still decides whether to accept it. Acceptance then leads to onboarding and an agreement. Only a participant with an executed agreement can submit evidence for the balance grant. The Foundation must accept that evidence before an award is due. A team that records the required 30-day average without completing those steps has not met the published grant conditions.
The one-payout rule also changes how a team may approach the target. Crossing the threshold qualifies a participant for one balance grant rather than a recurring payment for maintaining the same balance. The performance-based incentives are a different component and depend on growth terms in the private agreement. The public offer therefore combines a fixed competition for 10 balance grants with a separate incentive schedule that applicants cannot calculate from the announcement alone.
The additional performance-based incentives are less specific in the public documents. The terms say the later agreement will contain the $USDG holding requirements, the calculation method, and the consequences of non-performance. Accepted teams are expected to reinvest those incentives into growing $USDG adoption on their product. Operators therefore know the balance grant thresholds before applying, but they will not know the full economics of the separate performance incentives until they receive the agreement.
Who can apply The program covers decentralized exchanges, lending and borrowing markets, yield or vault products, and payment or settlement protocols. The Foundation can approve other categories in writing. A protocol must be live on Arbitrum One or intended for deployment there, and its smart contracts must have been audited by a reputable third party.
Applicants must maintain at least $1M in stablecoin balances when they apply and a monthly minimum of $1M throughout the program. They must support $USDG on Arbitrum One and designate it as their primary supported stablecoin. The announcement describes the target more broadly as stablecoin-centric protocols that use $USDG as their preferred stablecoin, collateral, or on-ramp asset.
Acceptance is discretionary. It does not guarantee funding or an agreement. Successful applicants must complete onboarding, including KYC and AML checks. Protocols already receiving an incentive, grant, or similar arrangement from ArbitrumDAO, the Foundation, the $USDG issuer, or a partner program are ineligible unless they disclose the arrangement and obtain written approval.
The final agreement may impose product and token exclusivity. The published terms say this can include deploying the protocol exclusively on Arbitrum, future product exclusivity, and token deployment exclusivity. That condition matters for multichain teams. The program offers liquidity support, but participation may constrain where a team launches later versions or tokens. The exact obligation will depend on the agreement sent after acceptance.
The starting point for USDG DefiLlama’s stablecoin API recorded $33.6 million of $USDG circulating on Arbitrum on October 17. Its Arbitrum series recorded $3.82 billion of dollar-pegged assets on the chain on the same date. The program’s $10M product-level target is therefore material relative to the $USDG already recorded on Arbitrum, while $USDG remains one asset within a much larger stablecoin market on the network.
USDG is fully backed and redeemable one-to-one for US dollars, according to the Global Dollar Network. Paxos Digital Singapore issues it under supervision of the Monetary Authority of Singapore. Paxos Issuance Europe also issues it under FIN-FSA supervision and in compliance with MiCA.
For a lending market or automated market maker, the practical commitment is more than listing another asset. The protocol must make $USDG primary, maintain its own $1M stablecoin minimum, and build enough sustained use to average $10 million in $USDG for 30 days if it wants the balance grant. For a payments product, the same rules apply even if $USDG enters through an on-ramp rather than a liquidity pool.
Applications are open through the Foundation’s form, with no closing date stated for general participation. The dated deadline applies to the balance grant pool. The next fixed milestone is 23:59 UTC on December 31, 2027, unless the 10 qualifying slots are filled first or the Foundation changes the pool. The unresolved variable for applicants is the private agreement, particularly its performance formula and any exclusivity requirement.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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On October 15, the Arbitrum Foundation launched its Stablecoin Growth Program for protocols holding stablecoin balances of no less than $1 million, requiring selected teams to designate USDG as their primary stablecoin on Arbitrum One. The program offers a 2 million ARB reward pool: the first 10 teams that achieve a 30-day average USDG balance of $10 million will each receive up to 200,000 ARB (capped at $200,000). The reward pool is valid through December 31, 2027, and each participant is eligible for only one reward.
Enso, the Zurich-based execution infrastructure platform for onchain finance, has made xStocks available on Arbitrum through its API and RWA App. The integration means wallets, fintechs and trading platforms already connected to the Enso API can extend tokenized US equity access to Arbitrum without constructing new routing or aggregation infrastructure.
xStocks are tokenized representations of US-listed equities. By routing them through Enso’s existing execution layer, applications gain access alongside the same infrastructure already used for swaps, cross-chain routing and other DeFi actions across the networks Enso supports. Eligible users can also trade xStocks directly through the Enso RWA App within Arbitrum’s onchain ecosystem.
The distribution problem in tokenized assets
Connor Howe, co-founder and chief executive of Enso, identified what he sees as the core structural gap in real-world asset (RWA) markets. “Tokenization solved the supply side of real-world assets but what’s been missing is distribution, the liquidity, routing and execution to get those assets into the wallets and apps where people actually transact,” he said. “Bringing that to Arbitrum means any wallet, fintech or trading platform already built on Enso can offer tokenized equity access to one of Ethereum’s largest ecosystems without building anything new.”
The point is well-grounded in the current state of the market. Tokenized equity issuance has expanded materially over the past two years, but access has remained fragmented. Each new chain or venue has typically required application developers to build bespoke integrations, raising the cost and slowing adoption. Enso’s pitch is a single API that absorbs that complexity, a model it says is already powering ether.fi Cash’s tokenized stock and metals execution, an approved minting role for Ondo Finance, and the infrastructure behind Anchorage Digital’s Porto institutional terminal.
Peter Haymond, head of DeFi partnerships at Arbitrum, said real-world assets are one of the fastest-growing categories on the network and that execution infrastructure is what converts that growth into something developers can ship. The xStocks integration, he argued, is the kind of composability that compounds as more real-world assets move onchain.
Regulatory backdrop and market momentum
The timing sits against a broader wave of institutional interest in tokenized equities. The announcement noted that NYSE parent ICE and crypto exchange OKX filed with the US Securities and Exchange Commission this week for a 24/7 venue that would trade more than 60 tokenized US stocks. If approved, that would mark a significant step in legitimising tokenized equity infrastructure as a regulated asset class rather than a DeFi experiment.
In the EU, MiCA provides a framework for certain crypto-asset types, but tokenized securities remain subject to existing securities law, meaning any platform offering them to European users must navigate MiFID II compliance. In the UK, the Financial Conduct Authority‘s sandbox for digital securities is still developing clear rules. The regulatory path for tokenized equities therefore varies by jurisdiction, and Enso’s release does not specify which users are eligible to trade through the RWA App or which regulatory frameworks govern its institutional clients.
Enso says it has settled more than $22 billion onchain for more than 350 enterprise clients. The company is backed by Polychain Capital, Multicoin Capital, Spartan Group and Hypersphere, though no new funding was announced alongside this integration.
AI level 1 of 5: written by Darlyn Ho; AI helped with tone, structure or wording; edited and signed off by Mark Walker, Editorial Director. What the levels mean
Arbitrum ($ARB) has launched a Stablecoin Growth Program that rewards projects for adopting Global Dollar (USDG) as their primary stablecoin, with a 2 million ARB prize pool.
Arbitrum (@arbitrum) $ARB has launched the Arbitrum Stablecoin Growth Program to boost adoption of Global Dollar ($USDG) across its ecosystem. The scheme offers token rewards and support to applications that make USDG their main stablecoin on the network.
How the Arbitrum Stablecoin Growth Program worksThe program targets applications that use USDG as their primary stablecoin, collateral or on-ramp asset. According to Arbitrum's announcement, it is open to protocols with at least $1 million in stablecoin balances.
The first 10 teams to reach $10 million in USDG total value locked (TVL) will each receive 200,000 ARB from a 2 million ARB prize pool. Crypto Economy reported that the $10 million threshold is measured as a 30-day average.
Other eligibility details have been reported. Applicants must have a live product and audited smart contracts, and the $1 million stablecoin balance is verified on DefiLlama at the time of application, according to details published by Alexa Blockchain. Teams are also expected to commit to building on Arbitrum.
Beyond the ARB rewards, Arbitrum says the program offers performance-based incentives, marketing support, technical assistance and introductions across the ecosystem. The Arbitrum Foundation is the source of the performance-based incentives.
Arbitrum framed the pitch around cost and complexity. Protocols that integrate USDG can focus on their core product rather than issuing and maintaining their own stablecoin, it said.
What is USDG?USDG is a US dollar stablecoin issued by Paxos. According to Paxos documentation, it is issued by Paxos Digital Singapore, a Major Payments Institution supervised by the Monetary Authority of Singapore, and reserve assets are held in segregated accounts.
Paxos also issues a version in the European Union. In a July 2025 announcement, Paxos said USDG is compliant with the EU's Markets in Crypto-Assets (MiCA) regulation and supervised by Finland's financial regulator.
USDG is the core asset of the Global Dollar Network, a group of exchanges and fintech firms. Paxos named Anchorage Digital, Kraken, Mastercard, Robinhood and Worldpay among its partners.
The program arrives as stablecoin issuers and blockchains compete for liquidity and usage. Arbitrum is using its own token to steer developer demand toward a single regulated dollar asset. Whether the incentives translate into lasting USDG balances will depend on how many teams meet the $10 million TVL threshold.
Sources:
Introducing the Arbitrum Stablecoin Growth Program (Arbitrum)
USDG Overview (Paxos Documentation)
Global Dollar (USDG) Launches in the EU (Paxos)
The Arbitrum Stablecoin Growth Program is now open to protocols with at least $1M in stablecoin balances. Eligible protocols that commit to building with USDG as their primary stablecoin may be eligible for performance based incentives from the Arbitrum Foundation as they grow. The first 10 teams in the program to reach $10M of USDG TVL will each receive an additional 200K ARB from a 2M ARB prize pool.
Global Dollar (USDG) is issued by Paxos Digital Singapore Pte. Ltd., a Major Payments Institution supervised by the Monetary Authority of Singapore, and by Paxos Issuance Europe Oy under the supervision of the FIN-FSA and in compliance with MiCA. Learn more at globaldollar.com and the https://arbitrum.io/products/usdg-vaults
Builders drive the demand for onchain dollars. The Arbitrum Stablecoin Growth Program is designed to support the teams that bring that demand to Arbitrum. Protocols that make USDG their preferred stablecoin, collateral or on-ramp asset on the Arbitrum Platform can access incentives and ecosystem support to help them grow, without the cost and complexity of issuing their own stablecoin.
The Arbitrum Platform is home to an established DeFi and blockchain ecosystem, with deep liquidity, active markets and teams building across a large variety of categories. The Arbitrum Stablecoin Growth Program gives protocols an opportunity to tap into this ecosystem while growing their own products. Whether you're expanding an existing protocol or bringing a new deployment to Arbitrum, the program is designed to help teams attract liquidity, increase usage and build for the long term.
Launching and maintaining a stablecoin introduces additional operational, technical and business considerations. By integrating USDG as a primary stablecoin, protocols can focus on their core product while participating in a program designed to support stablecoin adoption across Arbitrum, with the opportunity to earn more as their stablecoin activity on Arbitrum grows. Teams can build stablecoin utility directly into their existing products, from lending markets and liquidity pools to payments and other financial applications, while working toward their own growth objectives.
What teams getAccepted teams may be eligible for performance based incentives linked to their growth on the Arbitrum Platform, and they can put them straight back into their own growth.
Teams may also receive access to Arbitrum's support suite, which may include marketing resources and co-marketing, introductions to ecosystem partners, integration and technical support, direct access to the ecosystem team, and potential access to incentives through the DeFi Renaissance Incentive Program (DRIP), as well as other perks.
The program also includes a 2M ARB prize pool. The first 10 teams to reach $10M of USDG TVL, measured as a 30-day average, will each receive 200K ARB, in addition to the incentives and support above.
Eligible teamsThe program is for stablecoin-centric protocols, such as lending, yield, AMMs or payments, that want to make Arbitrum their home. Eligible teams meet the following.
At least $1m in stablecoin balances at the time of application, verified on DefiLlamaStablecoins at the core of the product, with a live product and audited contractsA commitment to building on Arbitrum, with new deployments and token launches happening here USDG as the primary stablecoin on Arbitrum, with at least $1m of TVL moving into USDGHow to applyApply through the application form. The Arbitrum team reviews every application and gets in touch with teams that are a fit. Participation is subject to eligibility, approval by the Arbitrum Foundation and the Program Terms & Conditions.
Arbitrum has initiated the USDG Growth Program, introducing a $2 million ARB incentive designed to encourage increased use of USDG stablecoins within decentralized applications on its blockchain platform. The announcement comes as ARB trades around $0.173, with the token showing signs of consolidating near a critical technical breakout level.
Incentives Target Stablecoin AdoptionAccording to Arbitrum, any application maintaining at least $1 million in stablecoin balances can apply to join the Stablecoin Growth Program if it adopts USDG as its primary stablecoin. The program emphasizes performance-driven rewards, dedicated ecosystem support, and financial incentives for developers who meet predefined liquidity thresholds.
A total prize pool of 2 million ARB is available, reserved for the top 10 teams that achieve $10 million in total value locked (TVL) denominated in USDG. Eligible projects are expected to integrate USDG into their products and grow the stablecoin’s footprint, aiming to accelerate liquidity, payments, and decentralized finance (DeFi) activity within the Arbitrum ecosystem.
Developers who position USDG as their core stablecoin and reach the $10 million TVL milestone will compete for a share of the 2 million ARB rewards, establishing a direct link between ecosystem participation and tangible benefits.
The program’s long-term effectiveness hinges on persistent developer engagement, increasing liquidity, and continuous USDG usage beyond the planned incentive period. Active participation will be monitored through metrics such as TVL, application count, and stablecoin balance growth.
Mini dictionary: Arbitrum is a layer-2 scaling solution for Ethereum that offers faster and cheaper transactions by utilizing rollup technology, enabling decentralized applications to operate more efficiently.
Potential Impact on Network Activity and ARB PriceBy incentivizing USDG integration, Arbitrum seeks to stimulate network usage and intensify stablecoin liquidity. While the initiative links ecosystem growth to its native ARB token, analysts note that immediate effects on token demand and pricing may depend on the scale of adoption and application engagement.
Market observers are tracking the number of platforms joining the program, TVL milestones, and evolving stablecoin balances as indicators of adoption quality and consistency.
Crypto analyst Crypto With Gopal described ARB’s chart as consolidating within a converging triangle formation, with price currently near $0.173. The analyst identified support at $0.16 and descending resistance in the $0.19 to $0.20 range, noting that a breakout from this zone could set the stage for price targets between $0.25 and $0.32 if sufficient buying momentum emerges.
LevelPriceScenarioSupport$0.16Break below signals bearish pressureResistance$0.19-$0.20Break above may trigger bullish moveImmediate Price$0.173Current consolidation zoneBullish Target$0.25-$0.32Possible if resistance clearedConversely, a decline beneath the $0.16 support could weaken the present technical setup and expose ARB to further downward movement. The outcome relies on trading volume and market sentiment associated with both ARB and the broader cryptocurrency market.
As ARB approaches the apex of its triangle formation, the direction and strength of the next move remain uncertain until a decisive breakout or breakdown occurs, with the Stablecoin Growth Program providing an additional catalyst for potential ecosystem expansion.
Aside from technical indicators, the anticipated boost in USDG liquidity and engagement could support greater activity on Arbitrum’s network. However, implications for ARB’s market performance are yet to be determined and depend on sustained adoption metrics.
Indicators such as rising USDG TVL, growing user participation, and ARB’s reaction in the resistance region near $0.19 to $0.20 will be closely observed by market participants. A strong move above these levels would reinforce a bullish outlook, while a drop below $0.16 may shift sentiment to bearish.
15 October 2026 | 23:29 Arbitrum (ARB) has moved out of its prior ascending channel and now trades between rising support from the 50-day SMA and a descending trendline near $0.196. The next daily close could determine whether the rebound extends toward $0.212 or turns back toward $0.163.
ARB has exited its ascending channel ARB had previously advanced inside a clear ascending parallel channel. A sequence of lower highs and lower lows then pushed the price below the channel’s lower boundary, ending the immediate multi-week rising structure.
After the channel break, ARB formed a descending resistance trendline connecting the swing high near $0.255 with lower reaction highs through late September and October. This trendline now defines the local downtrend.
The latest daily candle pushed toward that diagonal resistance near $0.196 but met selling pressure, leaving an upper wick. ARB was trading around $0.194 at the time of analysis, up roughly 6.6% on the day, but the descending line still caps the recovery.
ARB chart on TradingView. The 50-day SMA and $0.185 Fib are holding the range together Below the price, the 50-day simple moving average sits near $0.174 and continues to slope upward. Recent wicks toward $0.170 found buying interest around this average, making it the main dynamic support beneath the current range.
The $0.185 level, which marks the 0.382 Fibonacci retracement of the move from approximately $0.07 to $0.25, now acts as the nearest short-term pivot. ARB has recovered above it, placing price in a narrow area between the rising 50-day SMA below and descending resistance overhead.
The immediate range: buyers are defending the $0.174-$0.185 support area, while sellers have so far protected the descending trendline near $0.196-$0.198.
ARB price levels to watch Level Price area Why it matters Macro peak resistance $0.255 The 0.00% Fibonacci level and the major swing high of the move. Fibonacci resistance $0.212 The 0.236 Fib level and the next horizontal supply area above the trendline. Immediate resistance $0.196–$0.198 The descending trendline that has capped recent daily rallies. Short-term pivot $0.185 The 0.382 Fib level, recently reclaimed by ARB. Primary support $0.174 The rising 50-day SMA, which has caught recent pullbacks. Secondary support $0.163 The 0.500 Fibonacci retracement level. Golden Pocket support $0.141 The 0.618 Fib level and a key deeper retracement zone. Moving-average base $0.117-$0.129 The 200-day SMA near $0.117, 100-day SMA near $0.129 and nearby 0.786 Fib near $0.110. Momentum is neutral, leaving the breakout level in focus The 14-day RSI is near 52, while its signal line sits near 51.5. Both readings are close to the 50 midline, showing that neither buyers nor sellers currently have a decisive momentum advantage.
That neutral position fits the price structure. ARB has rebounded from support, but it has not yet invalidated the descending trendline that followed the channel breakdown.
What could confirm ARB’s next move Until either level breaks, ARB remains in a tight consolidation range rather than a confirmed new trend.
Upside case: ARB breaks the descending trendline For a stronger recovery, ARB needs a decisive daily close above the descending resistance area around $0.196-$0.198. A confirmed break would invalidate the local downtrend and put the 0.236 Fib near $0.212 in focus. Above that level, the major swing high near $0.255 becomes the wider upside reference.
Downside case: the 50-day SMA gives way For the bearish scenario, ARB would need to close below the 50-day SMA near $0.174. That would break the current consolidation range and expose the 0.500 Fib near $0.163. If selling continued, the 0.618 Fibonacci level near $0.141 would become the next major downside area.
Bottom line: ARB has reclaimed $0.185 but remains trapped between rising moving-average support and descending trendline resistance. The daily close around $0.196-$0.198, or a break below $0.174, might provide the clearer signal.
This analysis is provided for informational purposes only and does not constitute financial or investment advice. Technical levels can change as market conditions develop.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Safe has moved its transaction-security network out of beta. Safenet Aegis went live in production on October 15, 2026, covering Ethereum Mainnet, Gnosis Chain, and Arbitrum.
The idea is to check a transaction before it executes and, if the user opts in, stop the bad ones onchain. Warning pop-ups are helpful. A contract that refuses to cooperate is more helpful.
The launch came through Safe’s governance structure, with Safe Foundation and SafeDAO steering the rollout. It also introduces paid transaction checks and a fresh round of staking rewards for SAFE holders.
How Safenet Aegis works
The first group of Sentinels includes OpenCover, BlockSecTeam, Candide Labs, and IntentGuard. Each operates independently of the others.
Validators then attest to those evaluations onchain. These validators are governed by SafeDAO, the community body that oversees the protocol.
The final layer is optional. Users can enable a formally verified Safenet Guard on their Safe account, which allows the network’s findings to be enforced directly onchain.
That distinction is the core of the product. Without the Guard, Aegis acts as an advisory service. With it, security goes beyond interface warnings and into the transaction logic itself.
Safe says audits for both the Guard and the staking contracts have been completed. User funds stay non-custodial throughout, so the network reviews transactions without ever taking control of the assets.
Fees, staking, and the beta numbers
The security checks are not a free add-on. Users pay onchain fees for transaction evaluations, and that money goes to the security providers doing the review.
One example given for the fee is 40 USDC.
The production launch follows a six-month beta that concluded in early October 2026. Over that stretch, approximately 4.5 million SAFE tokens were distributed as rewards.
Throughput reached around 100,000 transactions per week during the beta, giving the team a read on how the network behaves under load.
More than 72 million SAFE tokens were staked across roughly 865 participants after the beta ended.
Those participants do not need to do anything to carry their positions forward. Existing stakes transition to the production network without migration, which spares stakers the usual unstake-and-restake routine.
SafeDAO passed SEP 56, approving approximately 7.4 million SAFE from the treasury for a 12-month period that began on October 13, 2026.
The allocation is primarily earmarked for staking rewards. In practice, the DAO is underwriting a year of incentives while the fee side of the network gets established.
Background: from beta experiment to production layer
Integration into Safe{Wallet} is planned for Q4 2026. Until that ships, users looking to use Aegis will need to take the extra step of enabling the Guard themselves.
What this means for SAFE holders and Safe users
The key tension is between subsidized rewards and earned fees. For the next 12 months, SEP 56 money does much of the heavy lifting. The real test is whether paid transaction checks generate enough activity to keep Sentinels and validators engaged once that allocation runs its course.
Pricing will shape that answer. A fee like 40 USDC may be easy to justify for a treasury moving large sums, but smaller users may weigh it differently against the risk they are trying to avoid.
The launch cohort of Sentinels is four names: OpenCover, BlockSecTeam, Candide Labs, and IntentGuard. The model is built on independent judgment, so how that group grows will matter for how credible the network’s verdicts become.
Validators answer to SafeDAO, which ties the network’s reliability to the health of that DAO’s decision-making. That means governance votes now carry operational weight, not just treasury weight.
The planned Safe{Wallet} integration in Q4 2026 could move Aegis from an opt-in tool for security-minded teams to something closer to a default experience.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
Arbitrum, a leading Ethereum layer 2 scaling solution, has seen rapid growth in its real-world asset (RWA) market, strengthening its presence in the tokenized finance sector. However, recent weakness in technical indicators has left the ARB token under pressure, delaying a potential price recovery.
Growth in Real-World Asset TokenizationThe official Arbitrum X account reported over $1.2 billion in tokenized assets on the Arbitrum One network. This figure includes $922 million allocated to funds, $191 million to stocks, and $84.3 million to commodities. Arbitrum stated that the project remains at an early stage and intends to bring more traditional assets into the programmable economy.
With trillions in traditional assets still to bring into the programmable economy, the work is just getting started, according to Arbitrum’s team.
Despite robust growth in RWA activity, the expansion has not translated into immediate demand or price appreciation for the ARB token. Analysts note that broader adoption of tokenization does not automatically drive up ARB prices in the short term.
Mini dictionary: Real-world asset (RWA) tokenization refers to converting traditional assets such as funds, stocks, and commodities into digital tokens on the blockchain, making them easier to trade and manage on decentralized platforms.
Asset TypeTokenized ValueFunds$922 millionStocks$191 millionCommodities$84.3 millionTotal$1.2 billionPrice Levels and Market MomentumAt publication time, ARB trades at $0.1825, marking a 4.6% decrease over the past 24 hours. The token remains below a key resistance level at $0.2003, while traders are eyeing support at $0.1722 to gauge the likelihood of further losses or a reversal.
ARB previously climbed above $0.23 in September but has pulled back since then. The Relative Strength Index (RSI) currently stands at 47.63, below its average of 51.77, indicating weakening bullish momentum. A move above an RSI of 50 could signal renewed buying interest but would not alone confirm a recovery.
The token remains above its 50-day moving average at $0.1161 and its 200-day average at $0.1722. Technical analysts view the 200-day level as critical support; a sustained breakdown below this could accelerate selling pressure and undermine the ongoing recovery effort.
Price LevelStatus$0.2003Resistance (not broken)$0.1825Current Price$0.1722Key Support$0.1586Next Support (if breached)CoinGlass data indicates that open interest in ARB futures surged above $300 million in September, then pulled back but remains notably higher than August levels. Meanwhile, trading volume has eased since September highs, suggesting reduced market participation. Elevated open interest can intensify price swings as leveraged traders adjust positions, but it does not clarify whether bulls or bears dominate at present.
Potential for a Price RecoveryFor ARB to mount a sustained recovery, technical confirmation is needed. A move above $0.2003, coupled with higher trading volume and a rising RSI, would bolster optimism among traders. Target ranges in case of a breakout include $0.22 to $0.23, which matches the September trading corridor.
If ARB price slips below the $0.1722 support level, market participants may focus on $0.1586 as the next line of defense. The evolving balance between network adoption through RWA integration and actual token demand will continue to shape sentiment among ARB traders.
Crypto markets remain unpredictable, and analysts urge investors to track price action, sentiment shifts, and potential catalysts closely before taking positions.
Despite significant growth in tokenized assets on Arbitrum, technical momentum remains weak and price recovery will likely require stronger signals, especially a breakout above resistance levels and increasing trading volumes.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Yi Lihua: Expects the market to rebound quickly and kick off a new uptrend after bottoming out.
Yi Lihua, founder of Liquid Capital, stated that the only thing to focus on in the current market outlook is determining at what level to buy the dip. Citing the 2023 Bitcoin bull market as a reference, he believes Bitcoin will drop to a certain point before a sharp rebound kicks off a new uptrend, once again leaving many investors hesitant to buy the dip unable to enter the market in time.
8 minutes ago
TypeSafe has upgraded Jev to version 1.14: The tool can locate objects from images, and returns coordinates even when it fails to identify the target.
Beating AI News Flash: TypeSafe AI has released Jev 1.14, rolling out experimental visual capabilities for its fast-judgment model. Developers can use the model to detect if a person is present in a camera feed, or compare two photos to confirm if they show the same dog. The new Box localization feature can also locate specified objects in images, returning coordinates of rectangular regions to guide other programs on where to crop or perform operations.
TypeSafe CEO Diogo Almeida revealed that the older Jev 1.13 was already capable of processing images, but the team held back from launching this feature due to concerns about insufficient reliability in visual task accuracy. Both versions now support image input, with images usable directly as judgment conditions and options, though the Box localization feature is exclusive to Jev 1.14.
In experimental mode, the context limit per single request has been expanded from 64,000 tokens to around 262,000 tokens, quadrupling the original capacity. The new version also enhances overall judgment capabilities; the company notes the most notable improvement is in multilingual support, though it did not disclose specific metrics.
Jev 1.14 is currently available via `jev-preview`, with a planned rollout to the default stable version on October 21. However, TypeSafe explicitly warns that the visual and long-context features remain in the experimental phase and are not yet production-ready. Long context not only increases latency but may also reduce accuracy. Box localization also has a unique limitation: it will return coordinate boxes even if the specified object is not present in the image. As such, developers must additionally verify the existence of the target to prevent subsequent programs from operating on incorrect positions.
8 minutes ago
OKX's Oracle Season 3 kicks off, with a total prize pool of $250,000.
According to official announcements, OKX’s Season 3 of its Predictor program has officially launched, with a total prize pool of $250,000. This season focuses on hot topics during earnings season, featuring a season main leaderboard, regular weekly contests, and an independent weekly leaderboard dedicated to earnings season. Users can earn free XP by completing tasks, participate in predictions of real-world events like earnings season, and split corresponding rewards based on their activity rankings. XP can be obtained via Planet interactions, inviting friends, and completing designated ExchangeOS trading tasks, the platform noted. No registration is required; eligible users can participate through the "Planet" - "Outcomes" section in the OKX App.
8 minutes ago
Bitget PoolX: Locked ETH to Unlock 150,000 USDT Airdrop
Bitget PoolX is launching a new ETH lock-up campaign, where users who lock up ETH can participate in sharing a 150,000 USDT airdrop. The campaign runs from 15:00 (UTC+8) on October 15 to 15:00 (UTC+8) on October 20, with an individual lock-up cap of 1,500 ETH. This PoolX round supports a long-term holding bonus mechanism: the system will apply an additional 1x multiplier to the effective locked amount, calculated based on the user’s minimum ETH holding over the past 15 days.
8 minutes ago
DeepSeek has experienced 5 outages in half a month, with simultaneous disruptions affecting its website, mobile app, and API. The issues have not been resolved even after two and a half hours.
Beating AI Express News: On the morning of October 15, DeepSeek suffered another service outage. Its official status page shows the outage began at 08:11, affecting the web chat service, V4 Pro and V4.1 Flash APIs. DeepSeek announced at 09:08 that it had located the cause and was implementing repairs. However, as of 10:43, the outage had lasted over two and a half hours and remained unresolved. The official classified the incident severity as Full Outage, with no specific cause disclosed yet. This marks DeepSeek’s fifth service outage recorded since October. On October 2, web and API services were abnormal for 1 hour and 54 minutes. Two outages occurred on October 12, lasting 11 minutes and 15 minutes respectively. Compared with previous incidents, this outage has the longest duration.
8 minutes ago
Over the past hour, $486 million in liquidations have been recorded across the entire crypto network, with long positions being the main liquidation target.
According to Coinglass data, the global crypto market saw $486 million in liquidations over the past hour, including $465 million from long positions and $20.7 million from short positions. Liquidations related to Ethereum trading hit $201 million, while Bitcoin trading liquidations totaled $117 million.
Arbitrum has a new USDG/USDC pool live on Uniswap, using the StablePair hook's dynamic fees to keep Global Dollar (USDG) trading close to parity.
Arbitrum (@arbitrum) has added another trading venue for USDG, with a new USDG/USDC pool now live on Uniswap (@Uniswap). The pool uses Uniswap's StablePair hook, which applies dynamic fees to stablecoin pairs to keep spreads tight and prices close to parity.
USDG's market cap topped $31 million within five days of launch on Arbitrum, according to figures shared by Arbitrum.
How the StablePair hook worksStablePair is a Uniswap v4 hook built for stablecoin pairs. Uniswap Labs introduced it on September 10, initially with USDC/USDG and USDC/USDT pools on Ethereum mainnet, according to Blockchain Reporter. It replaces a static liquidity provider fee with a dynamic one.
The logic is straightforward. According to reporting on the launch, the system measures how far a pool's price has moved from its 1:1 reference rate and whether a proposed trade pushes the price closer to or farther from it. Fees are then set for each swap on that basis. Uniswap Labs has argued that static fees hand most of the value from correcting a price drift to arbitrage bots, while a dynamic fee returns more of it to liquidity providers.
The Arbitrum deployment is tracked in Uniswap's public hook registry, which lists a StablePairHook contract as the hook for the USDG/USDC v4 pool on Arbitrum.
USDG's expansion on ArbitrumThe new pool follows USDG's launch on the network earlier this month. CoinDesk reported that Arbitrum joined the Paxos-led Global Dollar Network, with integrations spanning Fluid, Morpho, GMX, Maple, Li.Fi, LayerZero and Kraken, and Uniswap set to follow. USDG is issued by Paxos and backed one-for-one by dollar reserves.
The network's model shares reserve-generated rewards with partners that help drive adoption. CoinDesk noted that the Global Dollar Network has more than 150 partners, including Robinhood, Kraken, Mastercard and OKX, and that Arbitrum holds about $3.8 billion in stablecoins, roughly 60% of it in Circle's USDC, citing DefiLlama data.
Cointelegraph reported that a proposal submitted to ArbitrumDAO would add 100 million ARB to an incentive program to support USDG adoption and liquidity. That proposal is not yet confirmed as approved.
For traders, the Uniswap pool adds another route to swap between USDG and USDC on Arbitrum, and a venue for liquidity providers to earn fees.
Sources:
CoinDesk: Arbitrum joins Paxos-led Global Dollar Network as USDG lands on Ethereum L2Cointelegraph: Paxos Expands USDG Stablecoin to ArbitrumBlockchain Reporter: Uniswap Launches StablePair Hook For Stable Pairs
Arbitrum (ARB) logged 18,033 developer commits in the past 30 days, ahead of Ethereum, Cardano, Sui and Avalanche, according to Chainspect data.
Arbitrum has recorded 18,033 developer commits over the past 30 days, according to data from @chainspect_app. That puts @arbitrum ahead of every other chain tracked, including @Ethereum, @Cardano, @SuiNetwork and @Avax, as activity around the $ARB ecosystem builds into the fourth quarter of 2026.
What the commit data showsDeveloper commits are a widely used proxy for how actively a network's core code is being built and maintained. They do not measure code quality or user adoption, and a high count can reflect many small updates rather than major releases. Even so, sustained volume is often read as a sign of ongoing investment in a protocol.
The latest figure is higher than a reading reported earlier this autumn. CoinMarketCap, citing Chainspect, noted that Arbitrum logged 14,036 commits to its protocol repositories in the previous month, well ahead of Cardano at 4,023 and Sui at 2,746. It linked part of that activity to the development of Robinhood Chain, which is built on Arbitrum technology.
On a cumulative basis, Chainspect's chain page lists more than 214,000 commits and about 2,468 developers for Arbitrum since launch. Chainspect's comparison pages also show Arbitrum with roughly 2.5 times the all-time commits of Avalanche.
Ecosystem context for ARBArbitrum is an Ethereum layer 2 network that launched in 2021. The Arbitrum Foundation's H1 2026 progress report said its Builder's Block developer newsletter published 12 editions in the first half of the year and passed 10,000 subscribers. The report also said the Foundation's 250M ARB Strategic Partnerships Budget, approved by the ArbitrumDAO in October 2024, supports milestone-based partnerships across RWAs, fintech, Arbitrum chains and DeFi.
The same report noted that 92.3% of ARB supply was already unlocked as of August 17, 2026, with the schedule due to finish in March 2027. Developer activity does not by itself determine token performance, and supply dynamics remain a separate factor for $ARB holders to weigh.
Commit counts can also vary depending on which repositories a data provider tracks and how it filters bot or automated activity, so rankings may differ across platforms. Chainspect's methodology is the basis for the figures cited here.