Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It
In brief AFX Trade, a perpetuals exchange on Arbitrum, was drained of about $24 million in an exploit that hit a USDC bridge the protocol...
Tag : Arbitrum
Arbitrum gets a Robinhood Chain revenue stream as L2 race heats up
Offchain Labs co-founder Steven Goldfeder said fees from Robinhood Chain and other Arbitrum Layer 2 networks will send 10% of net protocol revenue back to...
Secret Network cites AI exploit risks in proposed Arbitrum move
Privacy-focused layer-1 blockchain Secret Network is proposing to move from its longtime home on Cosmos to Ethereum layer-2 Arbitrum, citing security risks from artificial intelligence,...
LG Electronics Teams With Arbitrum for Blockchain-Based Ad Platform
In brief LG Electronics has developed a custom layer-2 blockchain network with Arbitrum for digital advertising operations. The platform enables automated placement, buying, selling, and...
LG, Arbitrum launch blockchain-based bid for $679B ad market
South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital...
LG unleashes Arbitrum ad network, ARB price jumps 10%
Arbitrum’s ARB token has climbed as much as 10% after LG Electronics unveiled a blockchain-based advertising network built on the Ethereum layer-2 protocol. Summary LG...
Orbs V5 Debuts as Layer 3 Hybrid on Ethereum & Arbitrum to Cut DeFi Gas Costs
Orbs has launched its V5 upgrade on Ethereum and Arbitrum, deploying a Layer 3 hybrid architecture that offloads complex DeFi execution logic off-chain while anchoring...
AmericanFortress launches compliant privacy layer on Arbitrum for institutional DeFi
AmericanFortress has launched a beta privacy infrastructure on Arbitrum, promising compliant, mixer-free transaction shielding for institutional and high-volume DeFi users. Summary AmericanFortress debuts Send-to-Name privacy...
Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery...
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
In brief Arbitrum DAO has voted in favor of releasing 30,765.67 ETH to a recovery address controlled by Aave, KelpDAO, EtherFi, and Certora. A U.S....