Arbitrum’s ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop
The official claim for the token went live at the Ethereum block height of 16,890,400 at 13:05 UTC. The claim website went down under heavy traffic, as did the blockchain’s block explorer. Arbitrum, which started operating in 2021, is the largest layer 2 blockchain on Ethereum, achieving scalability by using a technique called transaction rollups, which sends batches of transactions to the Ethereum mainnet.
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Media Startup Civil Shuts Down, Team Absorbed Into Decentralized ID Efforts at ConsenSys
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Public Company’s Crypto Claims Draw SEC Scrutiny, Trade Suspension
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First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin traded down slightly on Friday after showing resilience earlier in the week. The world’s largest cryptocurrency by market value was trading around $26,500 and did