With the announcement of AIP-1’s release by the Arbitrum Foundation, interest in Arbitrum has surged in the crypto community. The primary objective of this work is to establish a platform-wide decentralized governance system that encourages robust user engagement in policymaking. By giving token holders a say in the platform’s development,
The Arbitrum Foundation started to clarify its stance on the recent controversy surrounding its token allocation process, which led to a 6% decline in the price of the ARB token. Following a loud uprising by holders of the ARB token, Arbitrum fell over the weekend as the network struggled to
The trading volume of decentralized exchanges (DEXs) that function on the Solana network has rapidly decreased. Despite the Solana network having seen high levels of activity, there has been a decline in interest in its DEXs, as demonstrated by the network’s declining number of DEX transactions. And also there has
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 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
The Ethereum rollup tool Arbitrum’s Twitter account was shut down on Monday. Offchain Labs co-founder Harry Kalodner accepted the suspension but was unclear about Twitter’s justification. According to reports, it was flagged as spam by mistake while being swept up with other offending accounts. Even though the account has been
After the recent airdrop, the price of Arbitrum’s native ARB was highly volatile, eventually settling within the top 40 most valuable cryptocurrencies. After the project released the much-anticipated token to users of the Ethereum scaling network, as of this writing CMC ranked it as the 37th biggest digital asset by
Despite technical difficulties, the Arbitrum team was able to successfully complete the airdrop on March 23. Nevertheless, the team now has to deal with the consequences of hacks and thefts on the platform’s users. Arbitrum’s official Discord channel has been hacked, as reported by several prominent members of the crypto
After several delays and setbacks, the long-awaited native token of Arbitrum, ARB, was released into the cryptocurrency market today. The value of one Arbitrum (ARB) token has dropped by almost 90% from its IOU price and is now trading in the range of $1. Just 16% of the ARB airdrop
