Arbitrum introduces auction format, experts warn on stablecoin risks, Reloop launches Web3 platform

Arbitrum’s Timeboost policy introduces a sealed-bid, second-price auction format for transaction prioritization, reducing MEV exploitation and congestion while generating over $2 million in fees since launch. (📰OneSafe)
Experts warn that the integration of stablecoins with traditional banking, as seen with the launch of Erebor, presents risks due to reliance on DeFi protocols and smart contracts, which may expose banks to vulnerabilities. (📰Crypto News)
Reloop has launched a Web3 subscription platform that allows users to manage recurring payments without gas fees, utilizing smart contracts and the Flare Network to automate payment collection for creators. (📰AInvest)