Arbitrum

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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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Arbitrum community warned of fake airdrops

0xMain
March 20, 2023

airdrops, Arbitrum, community, fake, Hacking, warned

The impending “ARB” token airdrop hosted by Arbitrum looks to have become a favorite target for con artists. The community has issued warnings about hundreds of phishing schemes that are targeted at fooling cryptocurrency users. Multiple warnings issued on fake airdrops Before the March 23...

Arbitrum unveils ARB token airdrop to convert its protocol to DAO

0xMain
March 18, 2023

airdrop, ARB, Arbitrum, convert, DAO, Hacking, protocol, token, unveils

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...