Arbitrum

It is reported that daily trading volume of Arbitrum has reached a record high before the airdrop of tokens. Arbitrum is an expanded system on the second layer of Ethereum, using Optimistic rollops technology to provide faster and cheaper transactions. Its on-chain trading activity accelerated before the planned airdrop of its native token ARB on Thursday. Interpretation of this information: The daily trading volume of Arbitrum, a second-layer system built on top of the Ethereum blockchain, has hit an all-time high in anticipation of its planned airdrop of native token,…

On March 23, the blockchain analysis company Nansen announced on social media that it had deployed the Arbitrum airdrop tag, such as “Max ARB Airdrop Recipient”. In the future, the Arbitrum airdrop dashboard will soon be opened to the public and ARB circulation and supply will be updated in real time. Interpretation of this information: Nansen, a blockchain analysis company, has recently declared that it has launched the Arbitrum airdrop tag on March 23. The tag is meant for the “Max ARB Airdrop Recipient.” The Arbitrum airdrop dashboard will soon…

According to reports, on-chain data shows that the number of transactions of Arbitrum on March 22 exceeded 1.21 million, a record high, while surpassing the 1.08 million transactions of Ethereum’s main network and the 260000 transactions of Optimism. Interpretation of this information: The cryptocurrency world is abuzz with reports suggesting that the number of transactions on Arbitrum, a relatively new and emerging blockchain network, surpassed its competitors on March 22. On-chain data indicates that this decentralized platform has facilitated over 1.21 million transactions, making it a new record-holder in the…

According to reports, Coinbase, the cryptocurrency exchange, announced that it would support the upcoming native token ARB launched by Arbitrum and trade online on the platform. The announcement states that the USD-ARB trading pair on Coinbase will be launched in stages. The exchange also stated that ARB trading will not be available in some supported jurisdictions, but did not provide any further details. Some users may face delays in depositing on the Arbitrum network, and are currently working to resolve this issue. According to the notice of Coinbase, the contract…

According to reports, Coinbase Assets tweeted that it had included Arbitrum (ARB) in the roadmap for the listing of coins. Interpretation of this information: Coinbase Assets, the cryptocurrency exchange platform, has recently announced on Twitter that it has added Arbitrum (ARB) to the coins that they plan to list. This is great news for ARB investors as it means more exposure and potential for growth. Arbitrum is a Layer 2 scaling solution built on the Ethereum blockchain. It aims to improve the network’s scalability and reduce the costs and delays…

According to the official announcement, Bitfinex will launch Arbitrum’s native token ARB. ARB deposits will be opened around 10:00 a.m. World Standard Time on March 22, 2023. ARB trading will begin around 2pm world standard time on March 23, 2023, supporting ARB/USD and ARB/USDT trading pairs. Interpretation of this information: Bitfinex, one of the leading cryptocurrency exchanges, has recently announced the addition of Arbitrum’s native token, ARB. The news has been received positively by the crypto community because of the potential benefits this new listing can bring to both Bitfinex…

According to reports, according to DefiLlama data, the market value of stable currencies on Arbitrum has reached $1.6 billion, of which more than $1 billion is USDC. Interpretation of this information: The growth in the popularity of stable coins, as evidenced by DefiLlama data, is a positive trend for the crypto industry on the whole. Stable coins are digital currencies that are pegged to a stable asset, such as the US dollar or gold, as a means of mitigating the volatility that pervades the wider crypto market. As a result,…

According to reports, according to official information, Binance is tentatively scheduled to launch Arbitrum (ARB) at 1:00 on March 24th, and open ARB/BTC and ARB/USDT trading pairs. Interpretation of this information: Binance, the world’s leading cryptocurrency exchange, is tentatively scheduled to launch Arbitrum (ARB) on March 24th, according to official information reported in major news outlets. This news has generated a lot of hype in the crypto community, as Binance is known to add only the most secure and successful projects to its platform. The integration of Arbitrum is expected…

On March 20th, it was announced that BitMEX, a cryptocurrency trading platform, had launched the Arbitrum futures contract ARBUSDTM23, and is currently offering $1.720. Interpretation of this information: BitMEX, one of the most well-established cryptocurrency trading platforms across the globe, has recently launched the Arbitrum futures contract ARBUSDTM23. This move marks yet another step towards the popularization of cryptocurrency trading and has garnered a lot of attention in the industry. For those not familiar, a futures contract is an agreement between two parties that a particular asset, in this case,…

On March 18, a blockchain analysis company, Nansen, released the on-chain contract log and intraentity transaction share data since the establishment of Arbitrum One. It was shown that GMX accounted for approximately 22% of the total transactions, ranking the first, with Treature (19%), SushiSwap (9%), Uniswap (6%), and Hop Protocol (5%) ranking the second to fifth. Nansen clarified that regarding ARB airdrops allocated to the community, the on-chain contract log and intra-entity transaction share are only one of many indicators related to the activities of DAO on the Arbitrum chain,…

21:00-7:00 Key words: US debt, Arbitrum, interest rate increase in March, Ethereum upgrade Interpretation of this information: The message at hand is a brief news update covering four significant events in the financial sector. First, it mentions the US debt, which has reached a record high of $28 trillion, highlighting the concern of the growing debt crisis in the country. The implications of such a high debt are numerous, including potential inflation, economic instability, and higher taxes in the future. The second update pertains to Arbitrum, a competing network to…

12:00-21:00 Keywords: Arbitrum, V God, Belgium, SVB Interpretation of this information: The message suggests an event happening from 12:00 to 21:00, but it doesn’t give the date or the location. However, it mentionsthree keywords that could provide some context: Arbitrum, V God, Belgium, and SVB. The first keyword, Arbitrum, is a blockchain-based platform for building decentralized applications with smart contracts. It’s possible that the event is related to this platform or to the broader blockchain industry. Perhaps, it’s a conference, a workshop, or a demonstration of new applications or features…

According to reports, according to data from Dune Analytics, after Arbitrum, the Ethereum Layer2 expansion solution, announced on March 16th that it would air drop ARB governance tokens to community members, the number of transactions on the chain on that day exceeded that of the main Ethereum network for the first time. Data shows that yesterday, the number of transactions on the chain of Arbitrum was 1076656, while that of Ethereum was 1042763. Interpretation of this information: The recent announcement by Arbitrum, the Ethereum Layer2 expansion solution, regarding its plan…

According to reports, according to the latest data from Arbitscan, on March 16th, Arbitrum announced that it would airdrop ARB governance tokens to community members. The number of daily transfers on the chain on that day reached 1079668, setting the third highest daily transfer transaction volume record on the chain so far. Currently, the highest daily transfer transaction volume on the chain of Arbitrum occurred on February 21, 2023, with 1103398 transactions on the chain on that day, and the second highest record occurred on February 22, 2023, The number…

On March 17th, the Arbitrum community manager announced in the official Discord community that the Odyssey event would be restarted. According to previous reports, on June 29th last year, Arbitrum announced a suspension of Odyssey activities, stating that in order to ensure a better experience for users on Arbitrum One, it is tentatively planned to restart Odyssey activities after the official release of its Nitro development network based on the Ethereum test network. Interpretation of this information: The message above pertains to the Arbitrum community’s announcement of the revival of…

On March 16th, the Ethereum Layer2 expansion solution, Arbitrum, officially announced that it would release native Token ARB and announce Token Economics. It is reported that the initial total supply of ARB is 10 billion pieces, and the total supply will expand at a rate of up to 2% per year. Interpretation of this information: The announcement made by the Arbitrum team regarding the release of their native token ARB and its economics is a significant milestone towards their goal of expanding the Ethereum Layer2 solution. The ARB token is…

According to reports, L2BEAT data showed that as of March 12, the total lock-up volume on Ethereum Layer2 was $5.65 billion. Among them, the largest amount of lock-in is the expansion plan Arbitrum, about 3.2 billion US dollars, accounting for 56.68%; The second is Optimism, with the lock-in amount of 1.63 billion US dollars, accounting for 28.99%; The third is dYdX, with a lock-in amount of 288 million US dollars, accounting for 5.1% Interpretation of this information: The message reports on the total lock-up volume on Ethereum Layer2, which refers…

On March 9, Arbitrum, the Ethereum Layer2 expansion solution, announced that the official cross-chain bridge added the transaction history function. Interpretation of this information: Arbitrum, the Ethereum Layer2 expansion solution, made an announcement on March 9 that the official cross-chain bridge has enabled the transaction history function. This news is significant for multiple reasons. Firstly, the cross-chain bridge is a crucial component of any blockchain interoperability system. It enables the transfer of assets between different blockchains, expanding their utility and value. The addition of a transaction history function on this…

On March 8, it was reported that the DeFi 2.0 sustainable pledge product Crucible of Ferrum Network has been launched in Arbitrum. Interpretation of this information: The world of Decentralized Finance (DeFi) is constantly evolving, and companies are striving to create innovative products that address the industry’s challenges. On March 8, Ferrum Network announced the launch of its DeFi 2.0 sustainable pledge product Crucible on Arbitrum. The launch is expected to bring scalability and sustainability to the DeFi industry. Crucible aims to address the issue of sustainability in DeFi. Many…

On March 8, according to the data on the chain, the hackers who attacked Tender.fi, the Arbitrum eco-lending agreement, have returned their funds, and the Tender.fi team agreed to pay 62 ETH (US $96500) to the hackers as a reward. The official team said that the post-event review was in progress. Interpretation of this information: On March 8, it was reported that the hackers who attacked Tender.fi, an Arbitrum eco-lending agreement, have returned their funds. This development may come as a surprise to many, as crypto hacks have been known…