Meet Binance's new Launchpool, the $XAI – A gaming Arbitrum Layer 3 Chain

Welcome to the future of decentralized gaming innovation with Binance's groundbreaking Launchpool initiative, featuring the eagerly anticipated $XAI – a gaming Arbitrum Layer 3 Chain.

Timeline of Arbitrum, Xai-corp

Arbitrum, a prominent Layer-2 (L2) scaling solution, has been on a remarkable upward trajectory since the launch of its native token, ARB, in March 2023. The past 30 days witnessed a staggering 74% surge in ARB's value, underscoring the growing market interest in the protocol.

The crypto market experienced a sharp downturn on January 3rd, with most major cryptocurrencies painted red. Bitcoin, the leading digital currency, suffered a significant blow, dropping 6-7% to retreat to the $43,000 level.

The cryptocurrency market constantly evolves, with altcoins often stealing the spotlight from their well-known counterpart, Bitcoin. As one ventures into 2024, experts in the field have identified several altcoins that hold significant potential.

Despite early struggles, Shiba Inu's Shibarium outperforms in various aspects. CoinGecko data shows Base, Optimism, zkSych, and Arbitrum as the fastest-growing layer2 blockchains. Shibarium attains 1M addresses milestone quicker CoinGecko revealed the timeframe it took leading layer2 platforms that attained 1 million active addresses.

In the tumultuous world of cryptocurrency, few names have resonated as powerfully in 2023 as Arbitrum (ARB). The crypto juggernaut has rapidly ascended the ranks, outpacing industry stalwarts and marking its territory in the competitive landscape.

Arbitrum (ARB), a prominent Ethereum scaling solution, encountered a significant downtime event on December 15, according to the network's status page. The incident prompted an immediate investigation into the root cause and the deployment of a fix.

In a recent development that has stirred the decentralized finance (DeFi) community, Silo Labs, the development team behind the decentralized lending protocol Silo Finance, reported an unexpected incident involving the Chainlink wstETH/ETH price feed on the Arbitrum network.

Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual currencies, causing its native asset to dip. Data from blockchain tracker Lookonchain reveals that $46.5 million worth of digital assets were stolen from KyberSwap, including $20.78 million worth of Wrapped Ethereum (wETH), $9.

The Arbitrum project has made waves in the crypto market lately, with the project emerging as the layer2 protocol with the most liquidity. ARB gained more than 25% within the past week and 10.12% in the last day to hover at $0.9748. Furthermore, the project shared a crucial announcement with its community on October 25.

The Arbitrum Foundation, responsible for developing the Arbitrum blockchain, announced the transfer of 69 million unclaimed ARB tokens to the network's treasury. This move came after the claim period for these tokens ended over the weekend.