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Arbitrum Onboards Norway’s Digital Krone
In Brief: Arbitrum, the leading Layer 2 scaling solution for Ethereum, is making major strides toward expanding its ecosystem. Symfoni Solutions announced the launch of a bridge between Norway’s central bank digital currency (CBDC) and BRØK. The Arbitrum-based NOK token is programmable.  Circle launched native support for USDC on Arbitrum. Arbitrum, the leading Layer 2 scaling solution for Ethereum, is making major strides to…
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Major Altcoins Fall 20% After SEC Lawsuit
In Brief: Tokens of major blockchain networks slid more than 20% in the past 24 hours. The slide is likely due to a risk-off event that followed the SEC’s lawsuit against Binance and Coinbase. Solana (SOL), polygon (MATIC), and Cardano (ADA) fell as much as 25% within hours. Bitcoin has managed to hold up relatively well due to its dominance in the crypto market. Some speculate that a major crypto fund may have sold its holdin…
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