Tag Archives: ARBUSDT

Synthetix’s Request To Spend 900,000 ARB Rejected: Will Arbitrum Price Recover?

Posted on by — No Comments ↓

Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant. Arbitrum Holders Vote Against Synthetix Proposal The goal was to support the launch of Multi-Collateral Perps. The… Continue reading Synthetix’s Request To Spend 900,000 ARB Rejected: Will Arbitrum Price Recover?→

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum

Posted on by — No Comments ↓

Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network. Following this debut, Arbitrum network native token ARB has seen a significant surge in market… Continue reading ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum→

Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?

Posted on by — No Comments ↓

Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform’s technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post lower lows, pushing losses to nearly 80% since January 2024 highs. Arbitrum Orbit Chains Support… Continue reading Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?→

Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months?

Posted on by — No Comments ↓

ARB, the native token of Arbitrum, the Ethereum layer-2 solution, is down 68% from January 2024 highs. However, there is good news: While ARB holders “suffer” in the face of unrelenting bears, positive on-chain developments reveal a platform that is not only the largest by total value locked (TVL) but also brimming with potential. Over… Continue reading Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months?→

Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know

Posted on by — No Comments ↓

The Arbitrum Foundation, a Decentralized Autonomous Organization (DAO) tasked with developing and nurturing the Arbitrum ecosystem, has approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. The organization has revealed plans to distribute a whopping $216 million to improve its gaming ecosystem. Arbitrum To Allocate $216 Million For Gaming… Continue reading Arbitrum DAO Agrees To Distribute $216 Million In Funding – Here’s What You Should Know→

Arbitrum’s Massive $107 Million Token Unlock Threatens To Send Price Below $1

Posted on by — No Comments ↓

Arbitrum (ARB) runs the risk of a significant price decline due to its upcoming token unlock on April 16. These token unlock events are known to be a recipe for high volatility because of what could happen in the aftermath of their occurrence.  $107 Million Arbitrum Tokens Set To Be Unlocked Data from TokenUnlock shows… Continue reading Arbitrum’s Massive $107 Million Token Unlock Threatens To Send Price Below $1→