According to Odaily, Farcaster has officially announced its support for Arbitrum transactions. The two entities are reportedly collaborating to launch a Buildathon event named 'Frame It', which boasts a total prize pool of 500,000 extinction sources.

The move marks a significant step for Farcaster, as it expands its transaction capabilities to include Arbitrum, a popular platform in the digital currency space. The 'Frame It' Buildathon event is expected to attract a wide range of participants, given the substantial prize pool on offer.

Further details about the event, including the criteria for participation and the distribution of the prize pool, are yet to be released. The announcement has generated considerable interest in the digital currency community, with many eagerly awaiting more information about the Buildathon and Farcaster's new transaction capabilities.