by COINS NEWS - 2 months ago
If you're holding MOON on Arbitrum Nova, this affects you. What happened The Arbitrum DAO passed a proposal to "minimize" Arbitrum Nova. That means Nova isn't being shut down, but it's being moved into a maintenance-only state...
Bitcoin News / Bitcoinist - 3 months ago
TL;DR
An Arbitrum governance roundup lists a continued funding proposal for the Arbitrum Foundation covering another operational year.
The request includes $16 million in RWAs, 1,700 ETH and 230 million ARB tokens.
The proposal says tech...
Cryptocoins News / The Cointelegraph - 3 months ago
LG is building a blockchain focused on buying and selling ads, joining a wave of companies launching their own blockchains in recent years. South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockc...
Bitcoin News / Bitcoin.com - 3 months ago
South Korean consumer electronics titan LG Electronics is developing a proprietary blockchain network aimed at transforming the digital advertising placement and sales industry. The Onchain Shift According to a report published by Fortune on June 11,...
Bitcoin News / Bitcoin.com - 3 months ago
Layer 3 blockchain infrastructure Orbs has launched its V5 product upgrade on Ethereum and Arbitrum to improve cross-chain verification, lower infrastructure costs, and increase validator participation. Milestone Growth Precedes Upgrade The decentral...
Bitcoin News / Bitcoin.com - 3 months ago
Americanfortress has launched the beta version of its compliant privacy infrastructure on the Arbitrum network, aiming to support institutional decentralized finance ( DeFi) activity. Solving the Privacy Challenge for Institutional DeFi Americanfortr...
Bitcoin News / Bitcoin.com - 3 months ago
On May 27, decentralized finance platform Stake DAO suffered an infinite-minting exploit on its Arbitrum protocol. However, Stake DAO core contributors quickly secured the mainnet funds backing the tokens, shut down the vsdCRV bridge, and successfull...
Cryptocoins News / Blockchain - 4 months ago
A federal judge allows Arbitrum DAO to transfer $71M in frozen ETH tied to a North Korea-linked hack to Aave, advancing DeFi recovery efforts. (Read More)
Cryptocoins News / The Cointelegraph - 4 months ago
A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in froze...
Cryptocoins News / The Cointelegraph - 4 months ago
A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in froze...
More / Etherum Reddit - 4 months ago
Hey everyone, I'm building Sigui, a DePIN security oracle for AI agents. Today I hit a milestone I'm proud of: Dataset: https://huggingface.co/datasets/Ibonon/sigui-depin-1m What's in it: 1,000,000 visual transaction graph images generat...
Cryptocoins News / The Cointelegraph - 4 months ago
The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.A joint proposal to release the roughly $71 million in Ether frozen after the Kelp DAO exploit is set to pass later on Thursday, moving a cross-pro...
Cryptocoins News / Blockchain - 4 months ago
With 90% approval, Arbitrum moves closer to releasing $71M in frozen ETH tied to the Kelp DAO exploit, pending final on-chain governance. (Read More)
Cryptocoins News / The Cointelegraph - 4 months ago
Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum a...
Cryptocoins News / The Cointelegraph - 4 months ago
More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed.Aave Labs has proposed that the decentralized autonomous org...
Cryptocoins News / Blockchain - 4 months ago
Aave urges Arbitrum to unfreeze $73M in stolen ETH, aiming to restore rsETH backing after the $292M Kelp DAO hack. (Read More)
Bitcoin News / Bitcoin.com - 4 months ago
A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April 18 KelpDAO exploit. Key Takeaways: Aave Labs, KelpDAO, and three other...
Bitcoin News / Bitcoinist - 4 months ago
Nine out of 12 council members voted yes. That detail alone tells you how divided — and how serious — the conversation inside Arbitrum’s security council got before the blockchain took its most dramatic action in recent memory.
A Council Under...
by COINS NEWS - 4 months ago
So Arbitrum just froze ~$71M worth of ETH in response to a hack. On the surface, I get it, nobody likes hackers walking away with stolen funds. But this raises a much bigger issue that people here shouldn’t ignore. Zoom out for a second. Crypto didn’...