💰Arbitrum Onboards Norwegian CBDC

GM Defiers!

Happy Friday! Ethereum's leading Layer 2 solution, Arbitrum, continues to expand its ecosystem, adding support for Norway's digital currency and Circle’s USDC stablecoin. Meanwhile, Ether.fi has launched an NFT collection where each token represents a certain amount of staked ETH, allowing owners to earn staking rewards.

In regulatory news, the SEC's treatment of Coinbase's non-custodial wallet in its lawsuit against the exchange could have significant implications for DeFi. And in some good news for the sector, a U.S. judge has dismissed a lawsuit against DeFi protocol PoolTogether.

✍️ In today’s newsletter:

• Arbitrum onboards NOK and adds native USDC support
• Ether.fi launches NFTs backed by staked ETH
• SEC says Coinbase Wallet acts as a 'broker'
• PoolTogether class action lawsuit dismissed by federal judge