Arbitrum

Coinbase's new 'Based Agent' tool enables users to create autonomous AI agents on its Ethereum Layer-2 Base network in under three minutes. Supporting multiple blockchains, it also aims to enhance wallet security. Could this set a new standard for blockchain security?

Radiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.

The Arbitrum Foundation is focusing on Asia’s blockchain potential with its “Road to Devcon” initiative. Key events in Vietnam and Indonesia, alongside developer campaigns and partnerships, aim to strengthen the region’s blockchain ecosystem.

DeltaPrime, a DeFi protocol on Arbitrum, lost $6 million in suspicious transactions. The source of the compromised private key is still under investigation amidst alleged links to North Korean hackers adding complexity to the ongoing investigation.

Pixelcraft Studios, creator of Aavegotchi, is launching a members-only Ethereum gaming network Geist. It aims to tackle "industrial farming" issues in crypto gaming and is set for a late September or October launch.

The temperature check proposal passed with 91% approval from over 25,000 participants.

Arbitrum and Sequence team up with Ubisoft to launch community-driven web3 game Captain Laserhawk

The ApeCoin community is voting on a proposal to establish an APE-themed hotel in Bangkok. With nearly 90% of votes in favour and the voting concluding on 31 July, will it be shelved?

Revolon, a Web3 dystopian racing game, features players as underdogs fighting for survival. The IDO week runs from 18 to 24 July, ending with the TGE on 25 July. Will Revolon lead the Web3 racing realm or fall behind?

StarkWare, specialising in cryptographic-proof systems with ZK-STARK technology, recently set a new proving record. Their latest prover claims to be 1000 times better than the current one, with production planned for early 2025.