Arbitrum

ArbitrumDAO has approved a significant 35M ARB allocation through STEP 2 (Stable Treasury Endowment Program) to boost institutional RWA adoption. Key developments include: - STEP has generated $650K+ in interest over 6 months - Selected from 50+ applicants, funds will be distributed to: - WisdomTree (WTGXX): 30% - Spiko (USTBL): 35% - Franklin Templeton (BENJI): 35% This follows recent growth in Arbitrum's RWA ecosystem, which reached $240M TVL earlier this month. Learn more about Arbitrum's RWA growth: [Dune Analytics Dashboard](https://dune.com/entropy_advisors/arbitrum-rwa-case-study)

Ostium Labs has officially launched stock trading functionality on their platform. This marks a significant step in bridging traditional financial assets with blockchain technology. - The integration allows users to trade stocks through the Ostium Labs platform - Real-World Asset (RWA) adoption continues to grow on the platform - Trading functionality is now fully operational *Note: This development represents a practical implementation of traditional finance assets in web3 infrastructure.*

The ArbitrumDAO has completed its Security Council elections for the March 2025 cohort, marking another milestone in the protocol's decentralized governance. This follows the previous election cycle from September 2024, maintaining the regular rotation of council members to ensure continued security oversight. The election process has resulted in 6 new members joining the Security Council, who will serve alongside existing members to help safeguard the protocol's operations. For reference, previous council election details and community events can be found at [Arbitrum Foundation Events](https://arbitrumfoundation.notion.site/arbitrum-bkk)

Circle has upgraded its Cross-Chain Transfer Protocol (CCTP) to version 2, enabling faster USDC transfers directly on Arbitrum. The enhancement allows users to: - Execute seamless USDC transactions across different chains - Skip the traditional bridging process to Ethereum - Access native USDC markets on Compound's Arbitrum deployment The upgrade builds on the existing CCTP infrastructure, streamlining cross-chain USDC operations for better efficiency and user experience. [View Compound's Arbitrum USDC market](https://app.compound.finance/markets?market=usdc-arb)

Arbitrum has integrated Fully Homomorphic Encryption (FHE) through a partnership with Fhenix, advancing blockchain privacy capabilities. The integration enables developers to build privacy-preserving smart contracts on the platform. - FHE allows computation on encrypted data without decryption - Available exclusively on Arbitrum's ecosystem - Complements existing FairBlock partnership for confidential DeFi and gaming For technical details, visit [Arbitrum's blog](blog.arbitrum.io/fhenix-priv)

**Stylus** offers a unique opportunity for collectors of **Infinite Rainbows** by @JimenaBuenaVida: - Physical redemptions begin Monday, Oct 7 at 12:00pm ET - Mint deadline: Sunday, Oct 6 at 12:00pm ET - Exclusive minting available at http://mintstylus.xyz Don't miss this chance to participate in both digital and physical art collection. Mark your calendars and prepare for this limited-time event. *Visit the official website for more details and to participate in the mint.*

Arbitrum is expanding its ecosystem with the addition of MagicEden and a new game from Ubisoft. Key points: - MagicEden, a prominent NFT marketplace, is joining the Arbitrum network - Ubisoft is launching a new game called 'Captain LaserHawk: The G.A.M.E' on Arbitrum - The game, developed by EdenOnline, will feature an upcoming mint For more information about the game and mint process, visit: https://edenonline.ubisoft.com/ **Stay tuned** for further updates on this exciting collaboration between Arbitrum, MagicEden, and Ubisoft.

Arbitrum's autumn season is marked by significant milestones: - **1 billion transactions** on Arbitrum One - **1 million** Infinite Rainbows Stylus NFTs minted - First Layer 2 solution on Uniswap to reach **200 billion in swap volume** These achievements highlight Arbitrum's growing adoption and utility in the blockchain ecosystem. The platform continues to demonstrate its scalability and efficiency as a leading Ethereum Layer 2 solution. *What's next for Arbitrum?* Stay tuned for future developments and potential new records.

The Arbitrum Builders Bounty Challenge is now live, offering developers an opportunity to showcase their skills and win a share of a $10,000 grant. Key points: - Challenge focuses on building decentralized applications (dApps) - Total prize pool: $10,000 - Open for participation now Interested developers can join the challenge and submit their dApps for consideration. This event provides a platform for innovators to demonstrate their creativity and technical prowess in the Arbitrum ecosystem. For more details and to participate, visit: https://earn.stackup.dev/campaigns/arbitrum-builders-bounty-challenge/quests/bounty-showcase-your-dapp-926d Don't miss this chance to build, learn, and potentially earn!

The Arbitrum Portal has undergone another significant update, focusing on enhancing the Orbit ecosystem experience. Key improvements include: - Introduction of Orbit modules - Statistical insights into the Orbit ecosystem - Enhanced discoverability for Orbit chains These upgrades aim to provide users with a more comprehensive and user-friendly interface for interacting with the Orbit ecosystem. To explore the new features and improvements, visit: https://portal.arbitrum.io/orbit/ecosystem *Note: This update represents Arbitrum's ongoing commitment to refining and expanding its ecosystem offerings.*