Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: [...]

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Arbitrum Token Drops By 90% With Massive Volatility on the Launch Day! What’s Next for ARB Price?

The post Arbitrum Token Drops By 90% With Massive Volatility on the Launch Day! What’s Next for ARB Price? appeared first on Coinpedia Fintech News

Arbitrum token’s highly anticipated launch took place today, and it seems the trading frenzy has lived up to the hype. In a whirlwind day of highs, lows, and everything in between, the nascent token’s massive volatility left investors on the edge of their seats, anxiously watching the charts and speculating on the future of this …

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Arbitrum's ARB Token Airdrop Triggers OTC Trading

The announcement of the ARB token airdrop by Arbitrum Foundation has triggered over-the-counter (OTC) trading of the unreleased tokens. ARB marks Arbitrum's official transition into a decentralized autonomous organization (DAO), giving ARB holders the power to vote on key decisions governing Arbitrum One and Arbitrum Nova. The airdrop will grant 11.5% of the total supply to eligible Arbitrum users and 1.1% to DAOs in the Arbitrum ecosystem. (Read More)

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Arbitrum’s ARB Token to Start Trading On 23 March! Here’s How You Can Profit from the Launch

The post Arbitrum’s ARB Token to Start Trading On 23 March! Here’s How You Can Profit from the Launch appeared first on Coinpedia Fintech News

The eyes of the crypto market are currently on Arbitrum as it seeks to revolutionize the industry in the upcoming days. Arbitrum’s highly anticipated ARB token is set to start trading on 23rd March, so the buzz around this launch is palpable. Furthermore, as an innovative Layer 2 scaling solution for Ethereum, Arbitrum has garnered …

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Arbitrum Announces Massive $ARB Airdrop (23 March) and Layer-3 Solution Arbitrum Orbit

Arbitrum has announced a huge ARB token airdrop and new Layer-3 toolkit for 23 March 2023. Here's your need-to-know guide!

The post Arbitrum Announces Massive $ARB Airdrop (23 March) and Layer-3 Solution Arbitrum Orbit appeared first on CoolWallet.

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Arbitrum Community Seeks Return of 700 Million ARB Tokens

The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14. (Read More)

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Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens

The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns. (Read More)

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Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification

The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes. The situation calls into question the efficacy of the community governance model and the power dynamics of centralized organizations in decentralized ecosystems. (Read More)

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