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Latest News

Keep up with what's happening in the crypto world in real-time.

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Negative
cover-imageCryptopolitan
April 25, 2023

Arbitrum's airdrop leads to whale sell-offs and price fluctuations

Arbitrum (ARB) recently conducted airdrop saw around 90.15 million tokens being distributed to 131 DAO addresses, valued at approximately $118 million. However, immediately after the airdrop, a whale nicknamed “TRIDENT” sold 131,345 ARB tokens through three different addresses, earning $172,000 at a price of $1.31 each.

Positive
cover-imageEWN
April 25, 2023

L2 Arbitrum Shares ARB Tokens To DAOs Within Its Ecosystem

Ethereum's leading Layer 2 scaling network Arbitrum started distributing its ARB governance token to DAOs in its ecosystem.Trading venues GMX, Uniswap, and Sushiswap are among several eligible decentralized autonomous organizations or DAOs within Arbitrum's ecosystem.The project allocated 1.13% of its 10 billion supply towards these DAOs after announcing its governance airdrop in March. Ethereum's leading Layer 2 scaling network Arbitrum started distributing its ARB governance token to DAOs in its ecosystem weeks after it airdropped free coins to eligible users as a reward for supporting the chain.

Positive
cover-imageUToday
April 25, 2023

ARB Will Inevitably Flip XRP, Aptos and Other Assets, Analyst Explains Why

Analyst Jack Niewold recently made a bold claim, stating that Arbitrum (ARB) will inevitably flip prominent cryptocurrencies such as Hedera, Aptos, Stellar, ICP, ETC, LEO Token, Avalanche and XRP. According to Niewold, ARB provides investors with exposure to unliquidatable leveraged ETH beta while outperforming other assets, especially during the current period of elevated Ethereum fees.

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