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Arbitrum overtakes Ethereum in transaction numbers as airdrop approaches

0xMain
March 23, 2023

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Ethereum’s (ETH) layer-2 scaling solution Arbitrum (ARB) experiences unprecedented growth in anticipation of the ARB token airdrop. The Ethereum-based layer-2 scaling solution, Arbitrum, has reached an all-time high in daily transactions and unique wallets interacting with the network, according to Dune Analytics. This...

Binance hints at Arbitrum listing right after its airdrop

0xMain
March 23, 2023

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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. According to Dune analytics, only 27 unique addresses currently hold...

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Arbitrum airdrop marred by Sybil attacks

0xMain
March 22, 2023

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Arbitrum’s upcoming airdrop for its new governance token, ARB, has reportedly encountered significant Sybil activity, exacerbated by what experts have called “ineffective” detection rules. According to an analysis by crypto security researcher X-explore, Arbitrum’s Sybil detection rules had flaws that were exploited by...

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Hacker exploits upcoming ARB airdrop

0xMain
March 21, 2023

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Reports indicate that a hacker has sent gas to about 2,400 crypto wallets in preparation for the upcoming Arbitrum ARB airdrop. Phishing, scamming, and exploitation activities have always surged in crypto, especially during airdrops. Incoming reports indicate that a hacker’s wallet has been...

Arbitrum unveils ARB token airdrop to convert its protocol to DAO

0xMain
March 18, 2023

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The Arbitrum Foundation, in collaboration with Offchain Labs, has declared March 23 as D-day, for the airdrop of its new governance token for Arbitrum. The newly launched ARB token will give the holders exclusive rights to vote on advancements in the prominent Ethereum...