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news-imageAugust 9, 2024

Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?

Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform's technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post lower lows, pushing losses to nearly 80% since January 2024 highs.
Publisher: NewsBTC
Sentiment: Negative
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Positive
cover-imageCrypto Economy
April 16, 2025

ZetaChain Announces Full Arbitrum Integration on Mainnet

TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.

Negative
cover-imageCryptonews
April 8, 2025

Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity

Arbitrum DAO faces scrutiny as vote-buying through Lobby Finance sparks debate over decentralized governance, highlighting vulnerabilities in token-weighted voting systems and calls for reform within blockchain-based decision-making processes. The post Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity appeared first on Cryptonews.

Negative
cover-imageCryptoSlate
April 8, 2025

User spends $10k to control $6.5M in votes on Arbitrum DAO, sparks governance concerns

A recent vote-buying incident within Arbitrum DAO has raised concerns about the viability of decentralized governance as investors exploit on-chain mechanisms to acquire influence through borrowed voting power. According to an April 8 report by crypto analyst Ignas, a user identified as hitmonlee.eth spent 5 Ethereum (ETH), approximately $10,000, to obtain 19.

Positive
cover-imageCrypto Economy
April 8, 2025

USDC Treasury Just Burned $51 Million – What Does This Mean?

TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle's routine strategy to adjust liquidity and maintain its 1:1 peg to the U.S. dollar. The burn had no negative impact on the market or DeFi ecosystem, reinforcing USDC's strength as a reliable stablecoin.

Negative
cover-imageCointelegraph
April 4, 2025

Stablecoin firm Circle mulls IPO delay amid economic uncertainty — Report

Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, is reportedly mulling a delay of its initial public offering (IPO) plans amid the macroeconomic uncertainty created by the Trump administration's trade policies. According to The Wall Street Journal, “Circle had been nearing its next steps in going public, but is now watching anxiously before deciding what to do,” and joins a growing list of companies considering IPO delays, including fintech company Klarna and ticketing firm StubHub.

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