![Hedgey Finance hacked for $44.7m on Arbitrum, Ethereum](https://crypto.news/app/uploads/2023/12/crypto-news-biggest-crypto-hacks-option02-880x525.webp)
Arbitrum News
Arbitrum (ARB) is a layer 2 scaling solution for Ethereum that aims to enhance the network’s efficiency and reduce transaction costs. Developed by Offchain Labs, Arbitrum leverages rollup technology to process transactions off-chain, while maintaining the security and decentralization of the Ethereum blockchain.
$0.7222450
24h Volume
$215,903,997
Market Cap
$2,411,570,493
24h Low/High
$0.6912100 /
$0.7314560
24h
4.49%
7d
-6.29%
Latest Arbitrum News
![ZachXBT: Arbitrum lender likely an exit scam](https://crypto.news/app/uploads/2024/06/crypto-news-What-can-be-done-about-crypto-scam-ads-option04-880x523.webp)
News
A new lending protocol on Arbitrum’s network may be a scam platform, says on-chain investigator ZachXBT.
![Is the Arbitrum token a bargain as its DEX market share gains?](https://crypto.news/app/uploads/2024/02/crypto-news-Decentralized-exchanges-DEXes-option02-880x525.webp)
Markets
Arbitrum (ARB) token price has dropped by over 68% from its all-time high despite strong ecosystem growth and market share gains. Arbitrum (ARB) token was trading at $0.76 on Thursday, marking what some believe to be early stages from a…
![Arbitrum](https://coin-images.coingecko.com/coins/images/16547/large/arb.jpg?1721358242)
![ApeCoin launches testnet for its layer-2 solution ApeChain](https://crypto.news/app/uploads/2022/03/ApeCoin_tied_to_Bored_Ape_NFT_ecosystem_debuts_with_planned_community_airdrop-880x525.jpg)
News
ApeCoin’s own network, ApeChain, has launched its testnet, although Yuga Labs co-founder Greg Solano admits there “won’t be much to do” on it initially. ApeChain, a layer-2 solution incubated by the ApeCoin DAO community, has got its first testnet dubbed…
![ApeCoin](https://coin-images.coingecko.com/coins/images/24383/large/apecoin.jpg?1696523566)
![PancakeSwap launches AI-powered predictions market on Arbitrum](https://crypto.news/app/uploads/2023/12/crypto-news-PancakeSwap-option03-880x525.webp)
News
PancakeSwap, a decentralized multichain trading protocol, has officially unveiled a new AI-powered predictions market. The DeFi protocol revealed in an announcement on Wednesday, June 26 that the predictions market is now on Ethereum Layer-2 network Arbitrum. PancakeSwap’s Prediction Market on…
![PancakeSwap](https://coin-images.coingecko.com/coins/images/12632/large/pancakeswap-cake-logo_%281%29.png?1696512440)
![Arbitrum among biggest winners of LayerZero airdrop](https://crypto.news/app/uploads/2023/12/crypto-news-Wall-street-without-Bull-option01-880x525.webp)
News
Arbitrum recorded a sharp surge in daily revenue on Thursday as transactions skyrocketed amid the LayerZero (ZRO) token claim. Details on datawarlock, a popular Dune dashboard for Arbitrum economics, showed the Ethereum layer-2 network registered only $20,000 in daily revenue…
![Arbitrum](https://coin-images.coingecko.com/coins/images/16547/large/arb.jpg?1721358242)
![Average fees on Arbitrum rise 97%, daily transactions increase](https://crypto.news/app/uploads/2024/02/crypto-news-Decentralized-exchanges-DEXes-option01-880x525.webp)
News
The average fees on the largest layer-2 (L2) blockchain, Arbitrum, witnessed a massive increase as the daily on-chain transactions surged. Arbitrum is currently the largest L2 network with a TVL of $2.97 billion. According to data provided by Dune, the…
![Arbitrum unveils a $215m gaming catalyst program](https://crypto.news/app/uploads/2024/04/crypto-news-A-loyal-community-has-brought-web3-together-option04-880x525.webp)
News
The Arbitrum (ARB) blockchain platform has launched an initiative designed to advance the Web3 gaming industry.
![Re.al launches blockchain platform for RWAs, CEO comments on tokenization](https://crypto.news/app/uploads/2023/09/crypto-news-real-estate05-880x525.png)
News
Re.al has officially rolled out its mainnet, launching a new blockchain platform aimed at managing real-world assets such as properties and commodities and promises to return all profits to the users. Running on Arbitrum (ARB) Orbit and powered by Gelato’s…
![Leading layer 2 projects integrate Avail’s data availability layer](https://crypto.news/app/uploads/2023/08/Astar-Foundation-launches-Polkadots-Relayers-Incubator-program01-880x525.png)
News
Arbitrum, Optimism, Polygon, StarkWare, and zkSync integrate the data availability layer from the Avail modular blockchain.
![Hedgey Finance hacked for $44.7m on Arbitrum, Ethereum](https://crypto.news/app/uploads/2023/12/crypto-news-biggest-crypto-hacks-option02-880x525.webp)
News
On-chain token infrastructure provider Hedgey Finance suffered two exploits as attackers leveraged a bug in its token claims contract.
![Pendle price rises, announces new liquid restaking tokens on Arbitrum](https://crypto.news/app/uploads/2024/03/crypto-news-staking-option04-880x525.webp)
News
Pendle revealed the introduction of two new Liquid Restaking Tokens on the Arbitrum network has boosted PENDLE's price.
![Arbitrum Foundation opens phase three funding for dApps](https://crypto.news/app/uploads/2023/11/crypto-news-presale-crowdfunding04-880x525.webp)
News
The Arbitrum Foundation has officially opened applications for the third phase of its funding plan, which will run from April 15 to the end of June.
![Arbitrum](https://coin-images.coingecko.com/coins/images/16547/large/arb.jpg?1721358242)
![Arbitrum, Azuki launch web3 network for anime fans](https://crypto.news/app/uploads/2023/09/crypto-news-AI-wont-realize-its-potential-without-web304-880x525.webp)
News
Arbitrum Foundation is collaborating with popular NFT brand Azuki to develop a web3 network for anime enthusiasts.
![Arbitrum](https://coin-images.coingecko.com/coins/images/16547/large/arb.jpg?1721358242)
![Arbitrum holder seeks 450k ARB to take over r/Cryptocurrency subreddit](https://crypto.news/app/uploads/2024/01/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option06-880x525.webp)
News
An Arbitrum token holder has unveiled a new grant proposal to take over the renowned r/Cryptocurrency subreddit, which would cost the community nearly $788,000. An Arbitrum community memeber MeLLoN98 started a grant proposal to secure 450,000 ARB (around $788,000 as…
![Arbitrum](https://coin-images.coingecko.com/coins/images/16547/large/arb.jpg?1721358242)
![Arbitrum (ARB) unveils Atlas upgrade to slash fees and more](https://crypto.news/app/uploads/2024/01/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option08-880x525.webp)
News
Arbitrum (ARB), a leading Ethereum (ETH) layer-2 solution, has just launched its Atlas upgrade, marking a crucial step in lowering transaction fees and boosting network efficiency. Arbitrum’s Atlas upgrade is now live Offchain Labs, the primary developer behind Arbitrum, has…
![Defi protocol Mozaic Finance suffers $2.4m heist](https://crypto.news/app/uploads/2024/03/crypto-news-hacker-option02-880x525.webp)
News
The breach, which caused a $2.4 million loss, targeted the Arbitrum chain on Mozaic, a layer 2 scaling solution for Ethereum (ETH) designed to enhance scalability and efficiency.