Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop
Users likely claimed the tokens by interacting with the smart contract directly as blockchain scanners and the website were temporarily down.
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Users likely claimed the tokens by interacting with the smart contract directly as blockchain scanners and the website were temporarily down.
The Arbitrum token (ARB) is now trading at around $1.38 across centralized and decentralized exchanges after a turbulent launch.
The collection of scaling solutions for the Ethereum (ETH) network, Arbitrum, announced its airdrop this month. Recently, the largest crypto exchange by trading volume, Binance, pointed out listing its native utility token, ARB.
The highly-anticipated Arbitrum airdrop has finally gone live. Amid the hype, though, the project's homepage has crashed.
The long-awaited Arbitrum token (ARB) made its trading debut Thursday as volatility spiked on decentralized exchanges.
Amidst the U.S. cryptocurrency regulatory crackdown and the global banking crisis, the second largest digital asset Ethereum (ETH), has recorded an 18 percent uptick in daily traded volume. According to aggregate data from Binance-backed Coinmarketcap, the Ethereum market registered a 24-hour trading volume of approximately $12,392,144,477.
The front-ends were down amid massive interest from traders.
The Arbitrum airdrop claiming process has begun as the project becomes the latest Ethereum Layer 2 network to have a governance token.
The Ethereum layer-2 solution, Arbitrum, has seen massive growth in the number of transactions and addresses, and network traffic has been exploding as a result. The network processed more than 1.
Alongside transaction activity, DeFi liquidity has soared since Arbitrum announced the launch of its native ARB token.
The Arbitrum's native token, ARB, goes live on several exchanges while the users face issues claiming the tokens, as seen before during the Optimism airdrop.
Today, March 23 at 1:00 pm EST, Arbitrum (ARB) will start trading on Binance. The launch of the airdrop is likely the biggest DeFi event since the Uniswap airdrop three years ago.
Network activity on Arbitrum has been booming, with the popular Ethereum layer-2 solution seeing an unprecedented uptick in the number of transactions and addresses.
Arbitrum, a layer 2 scaling solution built on Ethereum, has seen a significant increase in activity ahead of the planned airdrop of its native token, ARB.
Arbitrum is decentralizing by launching its governance token ARB.
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Providing single-sided liquidity can be risky in cryptocurrency trading. Learn about high impermanent losses, continuously buying ARB, and wrong estimated price ranges with ARB on Arbitrum Uniswap.
Crypto traders have sparked a 2,000% surge in a token known as ARbit after mistaking it for the Arbitrum token, which is soon to airdrop.
A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth.
Nasdaq-listed cryptocurrency trading platform Coinbase has added Arbitrum's $Arb, a highly anticipated governance token the Ethereum layer-2 scaling solution is airdropping in the near future, to its listing roadmap, which outlines the digital assets that will be traded on the exchange in the near future.
Arbitrum airdrop is a case study of how to bootstrap liquidity without distributing tokens. Learn how the project is leveraging airdrop farming to onboard larger user bases and inject liquidity into the ecosystem.
Arbitrum's upcoming ARB token has everyone excited about the next potential airdrop, and it looks like there's more to come.
United States-based crypto exchange Coinbase announced on March 22 that it intends to support Arbitrum's upcoming native token ARB and list it for trading on the platform.
Coinbase, a prominent cryptocurrency exchange based in the United States, tweeted its support for listing the token beginning on March 23. This came just hours after Binance, the world's largest digital asset exchange by market share, announced the launch of Arbitrum's (ARB) perpetual contracts following the opening of its spot trading on the platform.