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Arbitrum

IOVLabs launches 2.5 million grants program02

14 Jun 23

The Graph’s migration to Arbitrum in final phase

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Graph, a blockchain data indexing and query protocol, has started the final phase of its transition process to Arbitrum, a layer-2 scaling solution operating on Ethereum. The Graph, an indexing and query protocol for blockchain data, is currently executing a […]

Layer One X

14 Apr 23

Arbitrum rallies to become top trending coin on CoinMarketCap

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Arbitrum token (ARB) is on for a good day, gaining by more than 10% in 24 hours as activity on the asset market keeps growing. ARB, trading at $1.49 as of press time, had recorded a 12% increase in price valuation […]

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06 Apr 23

Arbitrum Foundation presents new governance proposals following backlash

Arbitrum Foundation, the Ethereum layer 2 network, has introduced two new proposals with significant changes after its initial governance proposal faced backlash from the community. The Foundation plans to keep 700 million ARB tokens, which were left in the administrative budget wallet until the DAO approves an appropriate spending plan. 1/10 With the ArbitrumDAO reaching […]

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06 Apr 23

Sentiment DeFi platform losses $1m to hacker on Arbitrum

Sentiment, a decentralized finance (DeFi) platform offering lending and borrowing services on the Arbitrum layer-2 network, was hit by a malicious exploit on April 4, resulting in a nearly $1 million loss. The attacker used a reentrancy bug in Balancer, a liquidity protocol that Sentiment integrates with, to execute fraudulent transactions and drain funds from […]

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01 Apr 23

Offchain Labs, team behind Arbitrum, locks over $3.7b of ARB for 4 years

New York-based Offchain Labs, the development team behind Arbitrum, a layer-2 scaling solution for Ethereum, has moved 2.679b ARB, worth over $3.7b, on-chain data on Apr. 1 indicates. The ARB transfer to a custodian According to Arkham Intelligence, an analytics firm, the large sum of ARB, making up 27% of the total supply, was moved […]

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24 Mar 23

Hacked vanity addresses loot $500k as controversies surround Arbitrum airdrop

According to recent on-chain data, hacked vanity addresses were used in looting $500K worth of tokens. The looting occurred during the layer-2 scaling solution Arbitrum airdrop scheduled on March 23. Someone who generated a list of vanity addresses that were eligible for ARB airdrops was the one who stole the tokens. The tweet explained that […]

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23 Mar 23

Arbitrum overtakes Ethereum in transaction numbers as airdrop approaches

Ethereum’s (ETH) layer-2 scaling solution Arbitrum (ARB) experiences unprecedented growth in anticipation of the ARB token airdrop. The Ethereum-based layer-2 scaling solution, Arbitrum, has reached an all-time high in daily transactions and unique wallets interacting with the network, according to Dune Analytics. This surge in activity comes just ahead of the highly anticipated airdrop of […]

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23 Mar 23

Binance hints at Arbitrum listing right after its airdrop

The collection of scaling solutions for the Ethereum (ETH) network, Arbitrum, announced its airdrop this month. Recently, the largest crypto exchange by trading volume, Binance, pointed out listing its native utility token, ARB. According to Dune analytics, only 27 unique addresses currently hold ARB tokens — including Arbitrum’s seven official wallets. Per the data, 625,143 […]

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22 Mar 23

Arbitrum airdrop marred by Sybil attacks

Arbitrum’s upcoming airdrop for its new governance token, ARB, has reportedly encountered significant Sybil activity, exacerbated by what experts have called “ineffective” detection rules. According to an analysis by crypto security researcher X-explore, Arbitrum’s Sybil detection rules had flaws that were exploited by more than 279,328 same-person and 148,595 Sybil airdrop addresses. 1/8 We found […]

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20 Mar 23

Arbitrum community warned of fake airdrops

The impending “ARB” token airdrop hosted by Arbitrum looks to have become a favorite target for con artists. The community has issued warnings about hundreds of phishing schemes that are targeted at fooling cryptocurrency users. Multiple warnings issued on fake airdrops Before the March 23 date release revelation, web3‘s anti-scam tool Scam Sniffer informed its Twitter followers that […]

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