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Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the key $27,800 level on Tuesday. Ethereum (CRYPTO: ETH) also moved lower, but remained above the key $1,700 mark this morning.
Synthetix [SNX] Perps v2 has been registering quite a few achievements of late. The latest one was its cumulative volume, which reached nearly $2 billion.
ARB is trading at $1.13, down 11% on the day and near its all-time low of $1.11.
The top trending cryptocurrencies are BTC, ETH, XRP, ARB, and SHIB. While the top cryptos trading in red XRP soared over 3.5% in a day.
Arbitrum, the largest layer-2 blockchain on Ethereum (ETH), has been making headlines since its token, ARB, made its market debut on March 23.
The number of TVL on Arbitrum has increased by 22% within a week according to on chain data amid the airdrop. This comes as the airdrop seemed to have got much scammer attention.
A wallet controlled by the FTX bankruptcy estate has received tranches of the Arbitrum airdrop from several wallets linked to Alameda Research, on-chain data shows.
However, the price of Arbitrum (ARB) has dropped 90% from its initial IOU price and is currently trading around $1. Only 16% of the ARB airdrop has been claimed, according to data provided by Nansen analytics.
The total value locked in Arbitrum is soaring following the distribution of its much-anticipated ARB airdrop.
Arbitrum, the highly anticipated Layer 2 scaling solution for Ethereum, has officially launched, accompanied by a substantial airdrop to early supporters. With its impressive technology and enthusiastic community, Arbitrum's native token (ARB) is poised to reach new heights, potentially surpassing $15 during the next bull run.
Lookonchain's data revealed a transaction on 25 March, which seemed concerning for GMX. As per the tweet, a whale exchanged all of its GMX for Arbitrum [ARB].
Hackers dropped a phishing link on Arbitrum's official Discord server, prompting users to enter personal information. The link misspelled the name of the platform as "Arbtirum.
While Arbitrum hits $2.16 billion in total value locked, ARB price may have found its bottom
The Arbitrum [ARB] network made headlines due to its highly anticipated airdrop, which has finally begun. Although a significant portion of the airdrop remains unclaimed, some network metrics have experienced a decline while others continue to rise.
Around 1 billion Arbitrum ARB tokens have been claimed as malicious players try to phish the project's discord channel.
Arbitrum's native governance token, ARB, has recently made waves in the crypto world. After the token airdrop, ARB has become 37th among the top cryptocurrencies, with a market valuation of $1.50 billion.
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam.
Arbitrum's [ARB] value has taken a hit after the token AirDrop on 23 March, with a surge in sell-off activity. According to the on-chain data provider Glassnode, the decline in value commenced soon after ARB was made available for trading across exchanges.
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation's DAO Treasury holds 3.52 million or 35.27% of the airdropped supply.
Investors with deep pockets gobbled up millions of Arbitrum (ARB) just a day after the Polygon (MATIC) competitor distributed tokens to eligible users. Blockchain-monitoring service Lookonchain shares the top five whale transactions for Arbitrum in the past day to the tune of 13.31 million ARB worth $17.54 million.
Hackers have targeted the official Discord server of Arbitrum (ARB), a popular blockchain network, by posting a phishing link that prompted unsuspecting users to enter their private information. According to CetriK, a blockchain-focused security firm, a Discord account belonging to one of Arbitrum's developers was compromised, sharing a fake announcement on the server.
Arbitrum Price Prediction: Arbitrum is an Ethereum layer-two scaling solution, having its main objective to enhance the speed, scalability, and cost-effectiveness of the Ethereum blockchain by using optimistic rollups. Amid the recent airdrop of its native token ARB, the blockchain caught the eyes of several investors which caused a significant price hike and its launch The post Arbitrum Price Prediction: Demand Pressure at $1.18 Encourage ARB Price Surge of 25% appeared first on CoinGape.
The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive.
