Cryptocurrency Analysis and News Portal
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
The number of daily transactions on Arbitrum rose to a new record high of 1,312,052 on Wednesday, surpassing the previous peak of 1,103,398 reached on Feb. 21, according to data source Arbiscan. The Ethereum mainnet processed around 1.08 million transactions. Source
Read More
Developers from the Arbitrum Foundation announced the launch of Arbitrum DAO and its native governance token, ARB, on March 16. Eligible users and developers will receive 12.75% of the token’s total supply of 10 billion on March 23, when the token will be deployed. Speculation around ARB began soon after the
Read More
The Arbitrum community is speculating and selling off their unreleased ARB tokens in over-the-counter (OTC) markets following the Arbitrum airdrop announcement. The Arbitrum Foundation announced that ARB — Arbritrum’s new token — would be airdropped to eligible community members on Thursday, March 23. It explained that ARB marks Arbitrum’s official transition
Read More
A put option that expires at $2 is selling for 76 cents on options marketplace Clober. Source
Read More
Camelot’s growth comes amid massive interest in Arbitrum’s ARB airdrop coming on Thursday. Camelot is a DEX built on Arbitrum, and users in the Camelot ecosystem are expecting ARB, once airdropped, to be listed on the DEX, which would mean ARB can be traded or deposited in Camelot’s liquidity pools. Source
Read More
However, while these products are wholly speculative as of Monday, their use case might change after ARB tokens are officially issued to network participants. Traders and holders of spot ARB may then use futures products to hedge their spot holdings or gain exposure to ARB prices using a smaller amount
Read More
Ethereum layer-2 scaling solution Arbitrum's upcoming "ARB" token Airdrop appears to have become a popular target for scammers, with the community warning of hundreds of phishing scams aimed at tricking crypto users.Announced in a March 16 post by the Arbitrum Foundation, the airdrop will send out 10 billion governance tokens via
Read More
Users of Arbitrum, which has seen immense growth in the past few months, were long since expecting the network to issue its native tokens. Arbitrum developers have previously denied they planned to issue tokens, but that didn’t dissuade traders from making bets on the possibility of the tokens in the
Read More
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company
Read More