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A decentralized exchange (DEX) built on Arbitrum (ARB) burned its investors and made off with $3 million worth of crypto, according to the blockchain security firm PeckShield. Swaprum (SAPR) bills itself as “a next-generation decentralized exchange with a range of trading tools and potential earnings of up to 100% APY.
Decentralized exchange (DEX) Swaprum, built on Arbitrum, has reportedly performed a rug pull, and nearly $3 million has been pilfered from the platform.
Arbitrum price analysis is on the bullish side today. The bulls have recovered a good range from the recent support level of $1.15, and momentum is growing stronger.
Chainlink is a web3 services platform and a decentralized Oracle network. On Saturday (May 20), the protocol joined forces with Arbitrum, an Ethereum layer two scaling solution, to reveal the launch of Chainlink VRF (Verifiable Random Function) on Arbitrum One. That will offer developers access to a widely-recognized random number generator (RNG).
Chainlink, a decentralized blockchain oracle network and an industry-standard Web3 services platform, and Ethereum Layer 2 scaling solution Arbitrum announced the launch of Chainlink Verifiable Random Function (VRF) on Arbitrum One. This enables developers to access the leading random number generator (RNG) in the blockchain industry.
Swaprum, a project on Arbitrum, scammed its users and caused huge losses for many holding its token.
The team behind Swaprum appears to have disappeared with $3 million in customer funds.
Arbitrum price analysis shows that the ARB/USD pair is currently in a bearish trend. The market has been in a downtrend since the beginning of today.
Crypto News: In the world of cryptocurrencies, built upon the foundations of trust and transparency provided by blockchain technology, the prevalence of crypto hacks and scams has cast a dark shadow over the industry. Recently, another alarming incident has shaken the faith of many users as Swaprum, a decentralized exchange operating on the Ethereum Layer
Swaprum, a decentralized exchange on Ethereum Layer 2 network Arbitrum, appears to have absconded with $3 million in user deposits.
In a landscape as vibrant and volatile as the crypto market, today's top performers comprise of Mask Network (MASK), Render Token (RNDR), Ripple (XRP), Injective Protocol (INJ), Conflux (CFX), and Nexo (NEXO). On the flip side, we see a few heavyweights and a couple of upstarts grappling with the market's downward pull, including Lido (LDO), Axie Infinity (AXS), Optimism (OP), Sui (SUI), Arbitrum (ARB), Immutable X (IMX), and Chainlink (LINK).
The Arbitrum price analysis shows a bearish trend as the token has experienced a significant selloff in recent trading sessions. The ARB/USD pair is trading at $1.16, which is a 3.88 percent decrease from the daily high of $1.21.
For investors looking to play the next crypto rally higher, here are three top cryptocurrencies worth keeping on the radar right now.
Arbitrum (ARB) price has reclaimed the $1.20 zone after retracting at $1.16 on Tuesday. Despite recent price fluctuation, on-chain data reveals that Arbitrum whale investors have held firm.
The Arbitrum price analysis shows a strong bullish movement, as the ARB/USD pair has breached the $1.14 mark and is now trading above this level. Despite opening today's session at $1.15, the bulls have gained over 2.48 per cent in the past 24 hours, pushing Arbitrum's price higher and supporting an uptrend.
Crypto news: Compound Finance has announced that it will expand onto Arbitrum, L2 of Ethereum, with a clear intent in implementing its services in DeFi.
DeFi powerhouse Compound Finance is rolling out its services on various speedy scaling solutions, tapping Arbitrum in the latest deployment.
In this comprehensive guide, we'll walk you through the steps to secure your share of $ARBS and become part of the Carbonstarter Airdrop.
Here are three high-growth cryptos for aggressive investors looking to gain exposure to the cryptocurrency space right now.
Despite a largely gloomy market sentiment, crypto whales have taken bullish positions on these few altcoins. Will they trigger a price pump?
Arbitrum whales were unmoved by the slow start in May. With Network Traction on the rise, ARB could be on course for another price rally.
The token of the layer-2 solution Arbitrum, ARB, is one of the best-performing cryptocurrencies within the top 100 by market cap over the past seven days. With a gain of 8.5% despite the heavy drawdown in the broader crypto market, the Arbitrum token records the fifth highest price gain over the last week.
Arbitrum, the scalable Layer 2 Ethereum network, is witnessing an intriguing trend as a certain "whale" or large holder, identified as address "0x37bf," is accumulating sizable amounts of ARB tokens. This address was created just four days ago and has since amassed a total of 2.5 million ARB tokens, worth approximately $2.95 million.
A crypto whale investor is accumulating ARB tokens through well-timed transactions on the popular exchange platform, Binance. With holdings of 2.5M ARB tokens, it has caused a significant stir in the market and ARB's value.
