Chibi Finance $1 million alleged rug pull: How it happened
The exploiter used a “panic” function buried within eight different smart contracts to remove $1 million worth of users’ funds without their permission. Go to Source Powered by WPeMatico
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Bitcoin trades above $30K, boosting traders’ interest in ETH, ARB, VET and STX
Bitcoin and Ether’s recovery has improved traders’ sentiment, which could trigger buying in ARB, VET, and STX. Go to Source Powered by WPeMatico
Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal
Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to ARB price. Go to Source Powered by WPeMatico
Hashflow assures users will be made ‘whole’ following $600K exploit
The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability. Go to Source Powered by WPeMatico
Arbitrum price soars after DeFi whale address resumes ARB accumulation
ARB’s price notched a double-digit gain after a popular DeFi whale address resumed buying the governance token, but is the rally sustainable? Go to Source Powered by WPeMatico
Circle to launch ‘official version’ of USDC natively on Arbitrum
USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network. Go to Source Powered by WPeMatico
Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling. Go to Source Powered by WPeMatico
Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network
This week’s Crypto Biz explores Arbitrum’s latest proposal, Ripple’s two-year battle with the SEC and a large corporations’ coalition to build blockchain solutions for institutional investors. Go to Source Powered by WPeMatico
Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community. Go to Source Powered by WPeMatico
Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share
Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in Defi Shows Signs of Improvement, Yet to Surpass Previous Record of $53 Billion … Read more
