arb

According to reports, LG Electronics has chosen the Ethereum Layer 2 network Arbitrum to develop a new blockchain to support advertising and media-related scenarios. Following the announcement, Arbitrum's native token ARB rose more than 5% in a single day. The network will be used for the delivery, purchase, sale, and management of digital advertising, and will record user interactions with advertising content.Arbitrum is developed by Offchain Labs and uses Optimistic Rollup technology, aiming to provide a faster and lower-cost transaction experience for Ethereum. This is not LG's first foray into blockchain. Previously, LG launched the enterprise-level blockchain Monachain through its IT services division LG CNS and developed the crypto wallet Wallypto; it also launched the Art Lab NFT marketplace, but that platform was shut down last year.

According to token unlocking data from the Crypto asset data platform RootData, Arbitrum (ARB) will unlock approximately 12.353 million tokens at 9:00 AM Beijing time on June 16, worth about 9.9 million USD.

According to official news, the Arbitrum Foundation has initiated a new round of funding requests to the Arbitrum DAO, planning to obtain 16 million US dollars in stablecoins, 1,740 ETH, and 230 million ARB, with a total value of approximately 43.5 million US dollars.The funds raised this time will be specifically used for the foundation's operational work in 2027, covering areas such as technical infrastructure, ecosystem development, marketing promotion, and governance services. The ARB tokens requested in this application account for 3.7% of the total supply. In comparison, the Arbitrum DAO's total revenue for the year 2025 is approximately 23.49 million US dollars. Currently, this funding proposal is still in the community governance discussion stage.

According to on-chain data, the private key of the StakeDAO deployer was leaked on Arbitrum, and the attacker minted approximately 54.5 trillion vsdCRV, partially exchanging it for 43.7 ETH.

WasabiCard announced the official support for the Arbitrum network, further expanding its multi-chain payment infrastructure capabilities. Through this integration, users can directly recharge their WasabiCard accounts on-chain via Arbitrum, achieving more efficient and low-cost capital flow, and further enhancing the global payment experience.As a leading Layer 2 scaling solution for Ethereum, Arbitrum features lower gas fees and higher transaction efficiency. This integration will help users more conveniently convert on-chain assets into funds available for global payments, subscriptions, and cross-border transactions, further connecting Web3 assets with real commercial payment scenarios.WasabiCard stated that it will continue to expand its multi-chain payment capabilities in the future, promoting the practical application of stablecoins and on-chain assets in global payment scenarios.

The DeFi lending protocol Alchemix announced the completion of its cross-chain infrastructure update. The old alUSD / alETH cross-chain bridge on Optimism and Arbitrum has officially been taken offline and replaced with a new cross-chain bridge compatible with v3 alchemist.Alchemix disclosed that it has synchronized the DVN (cross-chain transaction validation) configuration, maintaining a 2/3 multi-signature confirmation mechanism for cross-chain transactions, while introducing Deutsche Telekom as a validation service provider to enhance the reliability of the cross-chain validation infrastructure.

Bitget announced the launch of the Delta Neutral Mode in its unified account. This feature will apply a differentiated automatic deleveraging (ADL) sorting mechanism to eligible hedging positions when the account meets preset Delta neutral conditions, thereby reducing the likelihood of reasonable hedging strategies being forcibly deleveraged in extreme market environments.The Delta Neutral Mode supports users in combining spot, full-margin leverage, and full-margin contract trading within the unified account framework, with the system synchronously assessing directional exposure at the account and asset level. This feature is suitable for funding rate arbitrage, basis trading, multi-market hedging strategies, and quantitative neutral strategies, among others.

According to CoinDesk, the U.S. law firm Charles Gerstein has filed a petition in the Manhattan federal court, requesting an order for Tether to transfer over $344 million of frozen USDT to victims holding judgments against Iran for unpaid terrorism claims. These USDT were previously frozen by Tether after the U.S. Treasury Department's Office of Foreign Assets Control identified the related Tron wallets as belonging to the Islamic Revolutionary Guard Corps of Iran.The plaintiffs argue that since OFAC has designated the relevant wallets as owned by the Iranian Revolutionary Guard Corps, and Tether has frozen the related tokens, Tether can fully reissue an equivalent amount of USDT to a wallet controlled by the victims' attorney. This case is part of a broader legal strategy by Charles Gerstein aimed at leveraging the ability of crypto platforms to freeze and transfer digital assets to enforce terrorism-related judgments. Unlike the Arbitrum case involving North Korean-linked hacker funds, in this case, OFAC has clearly designated the relevant wallets as owned

Arbitrum official announcement, the x402 protocol under Coinbase is now live on the Arbitrum network, allowing developers to enable AI agents to directly use stablecoins to pay for APIs, services, and software fees. The x402 protocol is named after the unused HTTP 402 "Payment Required" status code, which allows websites, APIs, and AI bots to request and receive instant micropayments through blockchain and traditional payment channels.The protocol is managed as an open standard by the x402 Foundation under the Linux Foundation and has the support of over 20 institutions and crypto companies, including Cloudflare, Stripe, AWS, Google, Visa, Base, Circle, and the Solana Foundation.

Aave stated that the first steps of the rsETH technical recovery plan have been completed, which includes the destruction of the rsETH held by the attacker on Arbitrum. In the coming days, stakeholders will gradually replenish funds to the LayerZero OFT adapter and restart rsETH-related operations in phases.Kelp previously stated that it has completed a series of rsETH endorsement recovery steps with Aave, planning to gradually inject 117,132 rsETH from the Aave Recovery Guardian and Kelp Recovery Safe into the LayerZero OFT adapter on the Ethereum mainnet.

According to official news, Consensys submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) stating that the SEC's latest interpretive framework for crypto assets may leave regulatory gaps, creating compliance uncertainty for self-custody wallet providers like MetaMask.Consensys requests that the SEC clarify through a targeted safe harbor or other exemption measures that self-custody, user-led interfaces that only support the trading of non-security crypto assets potentially attached to investment contracts do not need to register as broker-dealers.Consensys stated that this move aims to ensure that U.S. users can continue to use open, neutral peer-to-peer blockchain tools.

According to official news, based on the update from the Arbitrum DAO proposal, a judgment creditor in an unrelated case served a restraining order to Arbitrum DAO regarding the ETH frozen after the rsETH incident. A few days later, Aave LLC filed an emergency motion to vacate. The court modified the restraining order, allowing for on-chain Arbitrum voting and transferring the frozen ETH to Aave LLC.After the transfer, the restraining order will attach to Aave LLC. The revised constitutional AIP retains the asset recovery intent approved by Arbitrum DAO, and ETH will still be used for the recovery of the rsETH incident. Aave LLC will comply with all court obligations during the litigation process.

Renegade posted on platform X that a legacy V1 version of the protocol was attacked earlier this morning, resulting in a loss of approximately $209,000. White hat hackers have returned about $190,000, and all affected users will receive full compensation.The team confirmed that the issue only exists in the V1 Arbitrum deployment, and other deployments (V1 Base, V2 Arbitrum, V2 Base) are safe. All infrastructure supporting V1 Arbitrum transactions has been suspended, with no further risk to funds, and integrators do not need to take any action.

The silly dragon king responded to "weekly interest income of $500,000," and the Binance screenshot he released shows that the account earned a total of $125,000 in funding fees over the past 6 days.

According to token unlocking data from the Crypto asset data platform RootData, Arbitrum (ARB) will unlock approximately 12.353 million tokens at 9:00 AM Beijing time on May 16, worth about 17.95 million USD.

The Arbitrum DAO vote approved the proposal to release the frozen ETH, with a support rate of 90.96%. The proposal includes a request for Arbitrum governance to approve the release of 30,765.67 ETH frozen by the Arbitrum Security Committee on April 21, and to transfer the funds into a 3/4 multi-signature wallet jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora. This address will be specifically used for recovery work after receiving the ETH frozen by Arbitrum.