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In the realm of cryptocurrency, anticipation is mounting as the countdown begins for the unlocking of 1.11 billion ARB tokens, valued at a staggering $2.26 billion. This event, set to unfold on March 16, has set the stage for potential market volatility, with investors and traders closely monitoring developments.
The program is asking for 200 million ARB to serve as a catalyst for gaming development.
Arbitrum price gains have brought the altcoin significantly closer to registering a new all-time high. Doing so would also be highly profitable to thousands of investors.
Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks.
Arbitrum, a prominent player in the blockchain ecosystem, has taken a monumental step to bolster its presence in the gaming industry by launching the Gaming Catalyst Program. This innovative initiative seeks to allocate a staggering 200 million ARB tokens to various gaming-related projects, encompassing game publishers, studios, and essential gaming infrastructure components.
With the burgeoning popularity of blockchain-based gaming, it comes as no surprise that Arbitrum has made gaming a top priority that must be achieved within the year.
ARB token has gained 11% and OP has climbed 4% in the past day.
Arbitrum (ARB) is set to release 1.1 billion tokens on March 16th, valued at $2.38 billion, amidst heightened exchange activity
With the Ethereum price scaling above $4,000 and reaching a market cap of almost half a billion dollars, the altcoin is booming. Further, with the rising momentum of the overall market, with the BTC price crossing the $73,000 mark, the layer-2 token sector is on the rise.
Two large institutions sold Arbitrum worth millions of dollars, which had a negative impact on the token's price.
Binance continues to set the bar high by proactively supporting the impending network upgrades and hard forks for Optimism (OP) and Arbitrum (ARB). As these upgrades promise to enhance the efficiency and functionality of both networks, Binance is taking proactive measures to facilitate a seamless transition process for its users.
Crypto Price Prediction: So far in 2024, Bitcoin has been the main focus of crypto investors likely attributed to the first-time launch of Spot BTC ETF. The US SEC's green light for 11 new ETFs in January sparked a substantial influx of capital from the traditional market, significantly fueling the surge that propelled Bitcoin to
An initiative within the ArbitrumDAO, intending to offer financial aid to Tornado Cash developers Roman Storm and Alexey Pertsev in their legal battle, has been withdrawn by its proponent.
The Arbitrum unlock event will begin a series of unlocks that will happen on the 16th of every month for the next four years.
Arbitrum DAO has dropped the proposal to donate up to $1.28 million to Tornado Cash's developers Roman Storm and Alexey Pertsev.
Ethereum (ETH)'s highly anticipated Dencun upgrade, scheduled for March 13, is poised to be a landmark event for the network.
Devansh Mehta, leading the Arbitrum treasury working group, disagreed with the decision, arguing that there's nothing wrong with funding the legal defense of someone accused.
Blast, the new Ethereum layer-2 network, is seeing strong growth as the crypto rally continues. According to its website, the network is seeing strong developer interest and inflows from global investors. The Total Value Locked (TVL) in its ecosystem has jumped to over $1 billion while the total bridged assets have soared to over $2.
A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns.
On Monday, Hop DAO held a vote on the blockchain to sell 25% of its Arbitrum holdings, totaling over 200,000 ARB tokens, valued at $2.075. This decision was made to finance the DAO's operational costs.
Hop DAO executed an on-chain vote on Monday to sell 25% of its Arbitrum holdings, or more than 200,000 ARB, to cover its operational expenses.
The Arbitrum DAO recently made a decisive move by scrapping a proposal aimed at providing financial backing for the legal defense of Tornado Cash's developers. This contentious plan had proposed channeling close to $1.3 million in ARB tokens from the community's reserves to assist Roman Storm and Alexey Pertsev.
Arbitrum's decentralized autonomous organization (DAO) has withdrawn a proposal aimed at funding the legal defense expenses of Tornado Cash's developers. In a Mar. 9 post on social media platform X (formerly Twitter), Joseph Axisa, the Arbitrum DAO contributor who wrote the proposal, explained that it was removed for further refinements.
Arbitrum is poised to release approximately 1.1 billion locked ARB tokens, constituting around 76% of the token's circulating supply. This unlock will inject significant liquidity into the market, with the tokens currently valued at $2.32 billion.
