ArbitrumDAO elected six new members to its 12-person Security Council in a vote held from April 12 to May 3, 2026. Michael Lewellen led with 25.19 million weighted votes. These new members will take office after a grace period ending May 21, inheriting responsibilities including managing emergency protocols and ongoing treasury decisions. The election and council rotation have positively impacted ARB's price, which rose nearly 5% as traders reacted to the governance update. The new council will also handle the fallout from a recent KelpDAO exploit involving frozen ETH assets, marking their first major challenge.
Cross River Bank has partnered with Offchain, the company behind Arbitrum, to develop a blockchain-based lending infrastructure that tokenizes loans from origination. This system will keep loan activities on a shared blockchain record, allowing easie...
Arbitrum's Security Council used an emergency contract upgrade to freeze 8,425 ETH and 74.56 million ARB tokens linked to the Binance hack, moving them to a holding address requiring a DAO vote for further transfer. This intervention, done without th...
Arbitrum's governance token ARB traded at $0.1545, down 3.24% in the past 24 hours as of early Nov. 3. The price fell below its 20-day and 50-day simple moving averages, which were $0.1740 and $0.1898 respectively, indicating recent downward momentum...
Arbitrum's Security Council froze $30 million worth of Ethereum and ARB tokens linked to a Binance exploit, sparking debate about the network's decentralization. The freeze followed a market-wide sell-off that pushed ARB prices down 4.5%, with techni...
Arbitrum's perpetual decentralized exchanges recorded $76.3 billion in 30-day notional trading volume, placing it between Hyperliquid and zkLighter in volume. Despite high trading activity, the ARB governance token price fell 16.9% from Oct. 19 to No...
