⬜️ #1 - Gas in Arbitrum ⬜️ L1 Gas: Paid to cover the future batches on L1. It is the majority of the commission and depends on the calldata size of the transaction and the calldata value in L1. At the time of the transaction, you can only estimate its approximate ratio to the size of the future batches. In other words, the L1 component is meant to compensate the Sequencer for the cost of posting transactions on L1 . ⬜️ L2 Gas: Works similarly to commissions in Ethereum Mainnet — it is a transaction execution fee on L2. The L2 component covers the cost of operating the L2 chain; it uses Geth for gas calculation and thus behaves nearly identically to L1 Ethereum. One difference is that unlike on Ethereum, Arbitrum chains enforce a gas price floor, currently 0.1 gwei on Arbitrum One and 0.01 gwei on Nova (See Gas). L2 Gas price adjusts responsively to chain congestion, ala EIP 1559.

#BinanceCase 🌐 Binance CEO Resignation and Guilty Plea: - Changpeng Zhao, CEO of Binance, plans to step down and plead guilty to violating U.S. anti-money-laundering requirements. - The plea deal aims to allow Binance to continue its operations and involves fines totaling $4.3 billion. - Zhao is scheduled to appear in a Seattle federal court to enter his plea. 🪙 Legal Issues and Investigations: -Binance, under Zhao's ownership, will also plead guilty to a criminal charge. -The deal would bring an end to long-running investigations of Binance, which has faced scrutiny despite its market success. 📍 Overall Context: - The deal aims to settle various legal challenges, allowing Binance to move forward while imposing substantial fines. The exclusion of an SEC settlement and Zhao's residence in the U.A.E. were points of contention in negotiations. How do you think it will affect the cryptocurrency market? What are the main pros and cons of this case? Share your thoughts 👇

🔑 Free-to-play Web3 games hold the key to mass adoption, YGG co-founder Next year’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being completely free-to-play to dr in players, says Yield Guild Games CEO and co-founder Gabby Dizon. Dizon said unlike games such as Axie Infinity — which require players to purchase at least three Axie nonfungible tokens (NFTs) to play — the new wave of hyper-successful Web3 games will seek to remove as many of the financial and technical barriers to entry as possible.

Arbitrum Odyssey. 7 неделя Кампания состоит из 7 недель и основными наградами здесь озвучены NFT на Galxe, которые минтятся по ходу выполнения заданий • Неделя 1 — GMX (закончилась) • Неделя 2 — TofuNFT и Aboard Exchange (закончилась) • Неделя 3 — Uniswap и Apex (закончилась) • Неделя 4 — 1inch и Premia (закончилась) • Неделя 5 — Swapr и Dodo (закончилась) • Неделя 6 — TreasureDAO и Battlefly (закончилась) • Неделя 7 — Handlefi и Sushi (началась) 🖤 Пользуйтесь - https://t.me/cryptoforto/433

Binance will make a "full withdrawal" from the U.S. as part of its agreement with FinCEN and appoint a monitor for 5 years to oversee the sanctions compliance program. - During that time, the U.S. Treasury Department will have access to Binance's data and systems. - "We are not just prosecuting egregious behavior... but we are also... removing Binance from the United States entirely". It's official: CZ is stepping down as Binance CEO The exchange's new CEO will be (Richard Tang, the former global head of regional markets. Binance reported that they have reached an agreement with several US agencies regarding their investigations. With this deal, the exchange will be able to continue normal operations and avoid further prosecutions from the US. Reuters state that the company will pay $1.81 billion over 15 months and another $2.51 billion as part of the agreement with the US DOJ. Zhao himself is expected to pay $50 million.