Onchain Labs to Enhance Arbitrum's App Layer with New Initiative
Offchain Labs, in collaboration with The Arbitrum Foundation, introduces Onchain Labs, a program designed to boost innovative applications on the Arbitrum platform.
The Graph GRT Completes Arbitrum Migration - A Blueprint for L2 Scaling
The Graph shares detailed playbook for migrating Web3 protocols from Ethereum to Arbitrum, achieving 100% indexing rewards on L2 as of June 2024.
Arbitrum Freezes $71M in ETH Linked to Kelp DAO Hack
Arbitrum's security council froze 30,766 ETH connected to the $293M Kelp exploit, sparking debate over Layer 2 decentralization and governance powers.
Aave Pushes Arbitrum to Release Frozen $73M ETH Post-Kelp Hack
Aave urges Arbitrum to unfreeze $73M in stolen ETH, aiming to restore rsETH backing after the $292M Kelp DAO hack.
Arbitrum Proposal to Unfreeze $71M ETH Gains 90% Approval
With 90% approval, Arbitrum moves closer to releasing $71M in frozen ETH tied to the Kelp DAO exploit, pending final on-chain governance.
Court Approves Arbitrum DAO's $71M ETH Transfer Amid North Korea Hack
A federal judge allows Arbitrum DAO to transfer $71M in frozen ETH tied to a North Korea-linked hack to Aave, advancing DeFi recovery efforts.
Whitehat Hacker Returns $190K to Renegade After Exploit
A whitehat hacker returned $190,000 to Renegade's Arbitrum dark pool after exploiting a vulnerability. Renegade promises compensation and a full analysis.
Chainalysis Adds Robinhood Chain Support for Automated Token Monitoring
Chainalysis integrates Robinhood Chain, enabling seamless token support and compliance tools for the new Ethereum Layer 2 network.
Airdrop Hunters Consolidate Millions Worth of ARB Tokens
A blockchain analysis platform revealed that two "super airdrop hunters" consolidated tokens worth $3.3 million from 1,496 wallets into two wallets. One wallet received 1.4 million ARB from 866 addresses, adding all the tokens to Uniswap, while the other received 933,375 ARB from 630 addresses. Community members speculated about the identities behind the wallets, with some praising their efforts and others expressing negative sentiments.
Arbitrum DAO Approves Additional Funding for STIP Proposals
Arbitrum Decentralized Autonomous Organization approves $23.4 million budget increase for STIP, supporting emerging builders and creating welcoming environment for new projects, raising total budget to 71.4 million ARB tokens.
Arbitrum Alert: Whale Moves Nearly 3 Million ARB Tokens into Binance
A cryptocurrency analyst observed a significant ARB token transaction, with a whale transferring 2,689,046 tokens into Binance and withdrawing 6,750,000 tokens from Binance, OKX, and Coinbase Prime between March 29 and May 17, 2023.
Ethereum Layer 2s See Surge in Popularity in Q1 2023
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.