Arbitrum token whale transactions are picking up notable momentum this week. One of the largest Arbitrum airdrop recipients initiated a sell-off of 933,375 ARB, now worth $1,290,951, to acquire 708 ETH. This was registered as the larger one in the 24-hour time frame. Popular on-chain crypto tracker Lookonchain detected prominent
Arbitrum is the network that allows users to transact on Ethereum at a low price. They introduced the ARB token. After a long wait, the ARB airdrop was live on March 23. The Arbitrum price has increased by around 11% in the last 24 hours with its trading volume. It has
The Shapella hard fork set to activate on the Ethereum mainnet on April 12. Ethereum core developers confirmed that Shapella takes effect at epoch 194048, and scheduled for 10.27 p.m. UTC on April 12. Ethereum validators will be able to withdraw the Ether from the Beacon chain with the support
zkSync Era’s project sphere is expanding on a daily basis. Recently, the Era has declared partnerships with six major blockchain companies in the business. Each represents individual zones in the blockchain, like an exchange, web3 infrastructure, cross-chain platform, and so on. The wave of exciting projects building on zkSync Era
The global crypto market seems to be recovering from the prolonged bear market. And the traditional banking crisis gives positive movements to digital assets and gains investors’ attention. There are thousands of different cryptocurrencies, ranging from the two largest, Bitcoin and Ethereum, to prominent altcoins like Dogecoin and Tether circulating
U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One
Polygon, the Ethereum layer-2 platform, released the Zero Knowledge Ethereum Virtual Machine (zkEVM) scaling technology to the mainnet on Monday. It reduced transaction fees and increased the throughput of Smart contract deployments. Polygon stated that it makes all the aspects of its zkEVM open source, and the developers can study
The largest cryptocurrency market player, Bitcoin (BTC), started to outperform the market as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community. BTC began mid-March with
Recent whale observations suggest an unprecedented level of activity. Before the most anticipated Ethereum Shanghai update that will permit staked Ethereum withdrawals, crypto whales are buying up ETH in the millions. Many ETH have been moved from cryptocurrency exchanges to wallets in the previous 24 hours, according to Whale Alert.
The cryptocurrency market is now enjoying positive momentum, having just recovered from a dismal spell that lasted throughout February. Bitcoin and Ethereum, the two digital currencies leading this upswing, are doing particularly well despite heightened US government regulation. Arbitrum (ARB), PancakeSwap (CAKE), and Ethereum (ETH) are the top three most
