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Arbitrum
Hacked vanity addresses used to siphon $500K
Hacked vanity addresses have reportedly been used to steal $500,000 worth of tokens from layer-2 scaling solution Arbitrum’s March 23 airdrop.A vanity address is a customized cryptocurrency address containing specific words or phrases…
After Frenzied Arbitrum Airdrop Day, 37% of Eligible Wallets Still Haven’t Claimed Their ARB
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Arbitrum airdrop sells-off at listing, but traders remain bullish on ARB
The official Arbitrum airdrop page crashed right after the claiming process began around 9 a.m. EST. Some users still managed to claim it through alternative methods like Arbiscan. In the first two hours, the market witnessed a massive…
Arbitrum airdrop hype helps zkSync addresses jump over 5X in a week
Arbitrum, a layer-2 scaling solution for Ethereum, announced the airdrop of its ARB governance token on March 16, with eligible receivers expected to get the token by March 23. The hype around its airdrop has now helped another layer-2…
Crypto Speculators Betting on ‘No Airdrop’ for Arbitrum Lose 95% of Capital
Users of Arbitrum, which has seen immense growth in the past few months, were long since expecting the network to issue its native tokens. Arbitrum developers have previously denied they planned to issue tokens, but that didn’t dissuade…
Google Searches for Arbitrum Soar Amid Airdrop Announcement
Arbitrum follows in the footsteps of Optimism, a rival layer 2 scaling solution that issued an airdrop last April. The market capitalization of the Optimism token (OP) is $792 million with a market cap to TVL ratio of 0.84, according to…
Arbitrum to Airdrop New Token and Transition to DAO
Arbitrum worked with Nansen, the crypto analytics firm, to “snapshot” user activity in February in order to determine who should be eligible for ARB tokens. “How many transactions you did, how many different applications you used, and…
Ethereum layer-2 solutions may focus less on token incentives in the future
Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily active users as of Jan. 17, 2023 — a…
More than just an airdrop? Arbitrum builds a resilient DeFi fortress with unique primitives
The total value locked (TVL) in DeFi applications on the Arbitrum, a layer-2 Ethereum network blockchain, has doubled since the start of 2023. While investors’ hope of an ARBI token airdrop is a major factor attracting activity to the…
Decentralized Betting Protocol Thales’ Staking Model Deploys to Arbitrum
The Thales treasury will seed $100,000 in protocol-owned liquidity for the THALES/ETH pool on Camelot, a rising decentralized exchange on Arbitrum. Camelot decided to match THALES rewards with GRAIL, Camelot’s native token, allowing…
