Arbitrum

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Cryptocoins News / The Cointelegraph ​ - 3 years ago

Arbitrum FUD spooks the market, but on-chain data shows whales accumulating ARB

On-chain data and technical analysis show strength in ARB’s price, even after a weekend filled with rumors and sell-offs. Arbitrum suffered a big blow during the April...

Bitcoin News / Bitcoinist - 3 years ago

Is Governance All It’s Chalked Up To Be? Arbitrum’s First Governance Vote Sparks Debate

Decentralization and governance go hand in hand. Since Bitcoin’s inception, crypto maximalists have embraced core components of decentralization, and while ‘governance’ isn’t called out specifically in the Bitcoin whitepaper,...

Cryptocoins News / EthereumWorldNews - 3 years ago

Arbitrum Rethinks $1 Billion AIP-1 Plan Following Community Concerns

Summary: The project’s DAO will rework a contentious proposal to send 750 million ARB tokens to the Arbitrum Foundation after community backlash.On-chain data showed that the foundation sold 10M ARB tokens to supposedly fund pre-existing contrac...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

BitKeep Wallet hits 10 million users driven by successful Arbitrum airdrop

In March, the platform claimed to have successfully onboarded over 560,000 new users. Decentralized multichain digital wallet solution BitKeep Wallet has announced tha...

Cryptocoins News / Blockchain  - 3 years ago

Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns. (Read More)

Cryptocoins News / Blockchain  - 3 years ago

Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification

The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes. The situation calls into question the efficacy of the...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Arbitrum's first governance proposal sparks controversy with $1B at stake

The Arbitrum Foundation announced that it was only ratifying an existing decision when it proposed a 750 million ARB tokens budget. A proposal to fund the Arbitrum Fo...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB

The ARB airdrop followed the sell-the-news narrative, but Arbitrum’s DApp use and fundamentals remain strong and smart money continues to buy ARB tokens. The Arbitrum...

Cryptocoins News / The Cointelegraph ​ - 3 years ago

ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests

ARB's price trajectory looks similar to MATIC after its market debut when MATIC rose 1,350% after facing a brutal selloff in its early days of trading. The price of Ar...