Arbitrum's Watchdog Committee has proposed permanently banning three DeFi projects—Good Entry, Limitless, and APX Finance—from future DAO programs due to alleged misuse of a combined 457,553 ARB tokens, valued at about $76,000. The committee found issues such as funds distributed to ineligible users, unauthorized transfers to other blockchains, and suspected self-farming or Sybil attacks. Each project has until September 10 to respond and return disputed funds before separate DAO votes decide on bans that would bar future participation but not freeze assets. These measures highlight ArbitrumDAO's efforts to improve grant oversight and protect its ecosystem.
Arbitrum (ARB) was trading at $0.1802 as of early October 23, slightly below the previously discussed support range of $0.183 to $0.186. This follows a technical analysis from October 14, which noted a possible retest zone around $0.1916 but did not ...
Fhenix has launched its CoFHE mainnet on Ethereum and Arbitrum, introducing fully homomorphic encryption that allows smart contracts to process encrypted data without revealing sensitive information. This innovation addresses privacy concerns in dece...
Arbitrum's governance token ARB is testing a critical support level at $0.1787, with potential resistance at $0.1933 and $0.2079 based on Fibonacci chart levels. Meanwhile, Entropy Advisors has proposed adding 100 million ARB tokens to the DeFi Renai...
Arbitrum (ARB) price rose 4.08% within one hour to $0.1962 on Binance, though it was down 1.51% over the past 24 hours. During this hour, $20,000 worth of short positions were liquidated across Binance, Bybit, and OKX, indicating forced closures of b...
The Arbitrum (ARB) token experienced a sharp decline, falling 4.01% within one hour to $0.1891 as of October 20. Over the past 24 hours, ARB dropped 5.07%, reflecting increased selling pressure. During the same hour of decline, liquidations of long p...
