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news-imageAugust 8, 2024

Arbitrum Orbit Supports USDC Gas Fees

This update allows these chains to charge gas fees using any ERC20 token, including their tokens. Bridged USDC is now supported as a custom gas token on Arbitrum Orbit chains.
Publisher: Altcoin Buzz
Sentiment: Positive
ARB
USDC

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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.

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