Arbitrum Financial News

25.09 / 10:43

Airdrop Arbitrum Layer-2 Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury

The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March.

22.09 / 19:11

Ethereum BLOCK Platform Arbitrum BaSe show social Friend Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.

21.09 / 15:03

Ethereum Adoption defi layer2 Chainlink Arbitrum zk-Rollup Cross-Chain Chainlink hits Ethereum layer 2 Arbitrum for cross-chain DApp development

Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development.

11.09 / 05:23

Ethereum defi Altcoin security Fraud layer2 Arbitrum Arbitrum's fraud proofs haven't been used in the two years since it launched

Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021, according to Ed Felten, co-founder and chief scientist of the Arbitrum-building Offchain Labs.

04.09 / 07:07

business Blockchain Arbitrum Artbitrum founder says Stylus is a game changer for EVMs

A recently released tool for Arbitrum developers could onboard more devs to Ethereum Virtual Machines (EVM) and improve its code, says Offchain Labs co-founder Ed Felten.

20.08 / 09:21

Ethereum Airdrop Arbitrum Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report

Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain's past averages.

03.07 / 18:17

Blockchain NFT layer2 FinTech Arbitrum Debit Cards This platform makes debit card transactions possible directly on Arbitrum

A revolution is unfolding in the world of global payments, led by the transformative power of layer-2 technology and serving traditional banking infrastructure, such as financial messaging and card payment networks. Working together, there is a shift in the fundamentals of financial interaction, using groundbreaking technical architecture to enhance security, efficiency and unrestricted access to the global financial network.

03.07 / 14:15

defi hacks Scams Smart Contracts Arbitrum Rug Pull Chibi Finance $1M alleged rug pull: How it happened

On June 26, decentralized finance (DeFi) aggregator Chibi Finance was exploited by its own deployer account, and $1 million worth of cryptocurrency was drained from its contracts in an apparent rug pull or exit scam. The protocol’s official user interface disappeared, producing a 404 error, and all social media for the app was taken down. After the funds were drained, they were swapped for Wrapped Ether (WETH) and bridged to Ethereum, where they were afterward sent to Tornado Cash by the attacker.

16.06 / 05:50

Blockchain data Airdrop Arbitrum Here’s what happened to Arbitrum post-airdrop

On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new wallets conducting their first transaction, the analytics company analyzed the impact of the airdrop on the chain’s ecosystem.

16.06 / 05:31

Blockchain Ethereum Airdrop Arbitrum network Nansen Report: Arbitrum Airdrop Had Positive Impact on Adoption of Network Amid Negative Crypto Market Conditions

According to a new report by blockchain analytics firm Nansen, the airdrop conducted by Arbitrum has led to an all-time high in both the number of users and transactions on the network.

16.06 / 04:20

Blockchain Ethereum defi Ethereum Options Arbitrum DeFi options platform uses social logins, margin trading to draw in liquidity

A DeFi options platform using social logins and undercollateralized trading to draw in liquidity providers just launched, according to a June 15 announcement. The protocol, called “Synquote,” is capable of handling large trades with much less slippage than previous options platforms, the team claims.

02.06 / 21:05

markets Altcoin Altcoin Watch Arbitrum Arbitrum price soars after DeFi whale address resumes ARB accumulation

On June 2, the price of Arbitrum jumped alongside the top-ranking cryptocurrencies after the United States Senate voted to raise the debt limit.

02.06 / 15:23

Circle USDC Arbitrum Stablecoin adoption USDC stablecoin Circle Set to Launch USDC Stablecoin on Ethereum Scaling Solution Arbitrum – Stablecoin Adoption on the Rise?

Circle, the US-based payments firm which issues the USD coin (USDC) stablecoin, is set to launch its coin natively on Arbitrum, an Ethereum (ETH) scaling solution, with the kick off scheduled for June 8.

20.05 / 02:03

Blockchain DEX Scams Arbitrum Rug Pull Customer $3M worth of customer funds swiped via alleged Swaprum DEX rug pull

Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being swiped from the platform.

13.05 / 14:59

business Blockchain Ripple Microsoft goldman sachs DAO Arbitrum network Blockchain Network Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network

A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.

10.05 / 17:47

business Blockchain Ethereum fees community Arbitrum Transaction Fee Arbitrum's DAO to receive over 3,350 ETH revenue from transaction fees

Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project announced May 9 on Twitter. ARB holders must claim the rewards.

04.05 / 18:51

business defi DEX Decentralized Exchange Staking Arbitrum Arbitrum’s Chronos reaches $217M TVL with staking, becomes 8th largest DEX

Decentralized exchange (DEX) Chronos set a new milestone on May 4, reaching $217 million in total value locked (TVL) at the time of writing, just seven days after its launch on the Arbitrum blockchain.

26.04 / 17:05

business Blockchain DEX Airdrop Arbitrum controversy Arbitrum decentralized exchange IAO cancelation draws controversy

On Apr. 26, Xirtam token's scheduled initial airdrop offering (IAO) on the Arbitrum decentralized exchange (DEX) AlienFi was canceled minutes before launch.

18.04 / 14:03

Ethereum Adoption Polygon Scalability layer2 Arbitrum Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy

Ethereum layer 2s, such as Optimism, Arbitrum and Polygon, increased in popularity in the first quarter of 2023, according to a report from Web3 development platform Alchemy. Ethereum users bridged over $635,000 worth of crypto assets to these networks from January to March, an increase of 44% over the fourth quarter of 2023 and 518% over the first quarter of 2022.

17.04 / 21:19

Blockchain Ethereum Arbitrum Total Arbitrum accounts surpass 5M after airdrop hype: Report

According to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on Apr. 17. Aside from individual addresses, there are now more than four million active accounts in the ARB ecosystem with nearly 200 million transactions having been completed since inception.

17.04 / 19:21

Arbitrum ARB week Arbitrum Price Prediction as ARB Blasts Up 37% in a Week – Where is the Next ARB Target?

Arbitrum (ARB), the token that powers the Decentralized Autonomous Organization (DAO) that runs the Arbitrum blockchain protocol, has pulled back from its recent highs to the north of the $1.70 level and was last trading in the $1.62s, down around 4% on Monday as per TradingView data.

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