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.
Aerodrome Finance surged 20.14% to $0.6569, leading crypto gainers due to growing interest in its decentralized finance ecosystem. Meanwhile, Arbitrum, a major Ethereum layer-2 project, fell 11.09% amid challenges sustaining recent gains. Other notab...
The debate over Robinhood Chain's fee structure has expanded from a simple cost argument to a broader discussion involving Solana, Arbitrum, and BNB Chain about who should profit from network activity and how to fund long-term development. Solana's c...
Arbitrum (ARB) has seen its token price rise over 50% in early September, significantly outperforming Ethereum's 1.5% gain, driven by Robinhood Chain's rapid growth. Robinhood's fee income hit a record $19 million this month, with 10% of that revenue...
Dogecoin (DOGE) has been fully integrated onto the Solana blockchain through Wormhole's Native Token Transfers (NTT) framework and the Sunrise liquidity gateway. This integration, covering DOGE's entire $35 billion circulating supply, allows DOGE to ...
Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...
