Arbitrum News

Arbitrum Freezes $71 Million from Kelp DAO Hack

The Arbitrum Security Council froze $71 million in stolen funds from the Kelp DAO hack.The move is controversial as it challenges core crypto principles...

Arbitrum Council Freezes $71M From Kelp Hack Wallet

Arbitrum froze over $71 million in Ether connected to the Kelp exploit.The security council took emergency action, moving funds to a governance-controlled wallet.The $293...

Arbitrum Launches $40M DeFi Incentive Amid 80% Token Drop

Arbitrum has launched a $40 million token incentive program to encourage DeFi activity on its blockchain. The first phase will target “looping” traders who repeatedly...

Tether Selects Arbitrum as Infrastructure Provider for Legacy Mesh Cross-Chain Initiative

Tether selects Arbitrum as infrastructure provider for its Legacy Mesh cross-chain initiative. USDT0, Tether's new token launched in January, facilitates cross-chain transfers without traditional bridging...

Arbitrum Launches Decentralized Autonomous Organization with ARB Token Airdrop for Community Members

Arbitrum, the largest Level-2 blockchain on Ethereum, is getting its own token after a long period of waiting by the cryptocurrency community. As the...

VELA Exchange Soars Ahead of Beta Release

The decentralized trading platform (DEX) token, Vela Exchange, which is based on Arbitrum's blockchain, named VELA, is making an impressive rally in its price...

Cryptocurrency Traders and Investors Flocking to Optimism Ecosystem

Cryptocurrency traders and investors seem to have set their sights on the Optimism (OP) ecosystem, as their activity shows that they see it as...

What Is Arbitrum And How Does It Work?

The term “Ethereum Killer” gets thrown around a lot on Crypto Street. But “Ethereum Enhancer”? Not so much. Is it the tribalistic nature of...

Latest news

Wall Street Seeks Blockchain Guardrails Against North Korean Hackers

Beyond the Kelp DAO hack, Wall Street firms are increasingly concerned about their fiduciary duty to prevent state-sponsored bad...

Americans Wary of Crypto, AI Despite Industry PAC Spending

Majority of Americans are skeptical of crypto and AI, with 45% seeing crypto as too risky and 44% believing...

Shiba Inu’s 2021 Peak: Did Vitalik’s Burn Make It Possible?

Shiba Inu's 2021 rally to an all-time high of $0.00008616 was significantly influenced by Vitalik Buterin's massive token burn.Without...