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The price of ARB continues to be in difficulty, but the usage of Arbitrum is growing.

EVM Inscriptions cause a spike in Arbitrum's on-chain traffic.

Decentralized gaming ecosystem Aurory, built on the Solana blockchain, reportedly fell victim to a breach on December 17.

Arbitrum, a layer-2 blockchain on Ethereum, announced on Friday that its systems were back to full functionality following a temporary outage.

According to initial reports and on-chain data, the attack targeted Aurory's SyncSpace bridge, draining nearly 80% of the AURY-USDC pool's liquidity.

Before the incident, 90% of transactions on Arbitrum were inscriptions, highlighting the significant impact of the surge. The surge overwhelmed the network, leading to the sequencer's intervention.

Arbitrum (ARB), a popular Ethereum (ETH) layer-2 scaling solution, suffered a major outage on Friday morning amid a “significant” surge in network traffic. The protocol's sequencer, which is responsible for ordering users' transactions, stalled at 7:29 a.m. PST and didn't resume operations until 8:57 a.m., according to Arbitrum's status page.

Arbitrum (ARB) faced a partial outage on Friday due to a surge in transaction traffic that impacted the layer-2 blockchain's sequencer. The sequencer, often described as an “air traffic control” for determining transaction priority on layer-2 networks like Arbitrum, experienced a stall during a significant increase in network activity.

Although it has been resolved for now, Arbitrum was put under pressure by inscription transactions.

Arbitrum, a way to make Ethereum work better, had a little problem recently. It stopped working for over an hour because too many people were using it.

Arbitrum (ARB), a prominent Ethereum scaling solution, encountered a significant downtime event on December 15, according to the network's status page. The incident prompted an immediate investigation into the root cause and the deployment of a fix.

Hildobby, a pseudonymous data researcher, said in a post on X that 90% of transactions had been inscriptions before the chain stopped.

Ethereum layer 2 scaling solution Arbitrum faced a significant disruption on Dec.15, 2023, due to a massive surge in network traffic, causing a partial outage that lasted approximately two hours. Partial outage This incident was primarily caused by a significant surge in network traffic, which led to the Arbitrum One Sequencer and Feed stalling.

Arbitrum and other chains have recently been bombarded by users making "inscriptions" as on Bitcoin, even though such networks support NFTs.

The interruption affects the normal operation of Arbitrum.

The Arbitrum (ARB) network, a layer 2 of Ethereum, faced a partial outage recently due to a notable increase in network activity. At 10:29 AM ET, the sequencer Arbitrum One abruptly stopped, as confirmed by the official Arbitrum account in a statement.

The Arbitrum One network stopped producing blocks at 10:29 am ET (13:29 UTC), according to an alert issued by the block explorer.

A “significant surge in traffic” resulted in a “partial outage” of the Ethereum-based layer-2 network Arbitrum on Friday.

At press time, the Arbitrum One network had been down for over 60 minutes due to sequencer and feed issues.

The layer-2 blockchain stopped working as intended Friday morning.

Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks.

A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol's treasury and that customer funds weren't impacted.

Cryptocurrency analyst Miles Deutscher has provided insights into potential altcoin opportunities as the crypto market experiences a sharp correction and many altcoins consolidate after recent gains. Deutscher's analysis focuses on several altcoins that he believes could be poised for significant upside movement.

In an ambitious move to propel the ApeCoin ecosystem to new heights, ApeCoin DAO, in collaboration with Horizen Labs, Offchain Labs, and the Arbitrum Foundation, has unveiled a groundbreaking proposal for the creation of ApeChain. This innovative platform is designed to cater specifically to the burgeoning blockchain gaming ecosystem and will be built using Arbitrum's cutting-edge technology.