Union Adds Support for Arbitrum, Connecting With IBC Chains, Other L2s

July 9: Union Labs, the modular interoperability layer, has added support for Arbitrum, the leading layer-2 ecosystem by TVL, to connect Arbitrum Orbit chains with IBC-enabled blockchains, as well as other networks integrating with Union such as Polygon, Scroll and Movement. According to the team: “This integration will unlock unprecedented liquidity flow between IBC and the Arbitrum ecosystem. It will also see the reduction of the latency in optimistic cross-chain operations while maintaining the security and integrity of transactions in and out of the Arbitrum ecosystem.” (ARB)

July 9: Privado ID, formerly Polygon ID, is launching its first product since spinning out of Polygon – a “web wallet designed to set new standards for privacy while reducing user interactions by over 50%.” According to the team:…