Rodeo Finance Exploited: $1.53 Million Worth of ETH Stolen
|

Rodeo Finance Exploited: $1.53 Million Worth of ETH Stolen

@PeckShieldAlert reported in a recent attack on Rodeo Finance, an exploit resulted in the theft of approximately $1.53 million worth of Ethereum (ETH), equivalent to around 810.1 ETH. The hacker responsible for the attack successfully bridged the stolen funds from the Arbitrum network to Ethereum and made additional transactions involving alternative tokens. This incident has…

Circle Partners with Arbitrum: A Bold Move Towards Cross-Chain Transfers with USDC
|

Circle Partners with Arbitrum: A Bold Move Towards Cross-Chain Transfers with USDC

Enhancing blockchain innovation, Circle has successfully incorporated its specialized Cross-Chain Transfer Protocol (CCTP) with Arbitrum, taking a significant leap in blockchain cross-functionality. This strategic move opens up new possibilities for Binance’s USD Coin (USDC) by integrating it with Arbitrum’s platform. Circle and Arbitrum: A New Partnership in the Crypto World Capitalizing on evolving blockchain technology trends, Circle’s CCTP…

Ethereum’s L2 Supplier Fees: Arbitrum and Optimism Hit All-Time Highs
| |

Ethereum’s L2 Supplier Fees: Arbitrum and Optimism Hit All-Time Highs

Ethereum has emerged as a prominent platform for decentralized applications (DApps) and smart contracts. As Ethereum’s popularity grows, so does the demand for Layer 2 (L2) scaling solutions to address the network’s scalability and high transaction fees. In May, Token Terminal data revealed that both Arbitrum and Optimism, two L2 networks built on Ethereum, paid…

GameSwift Integrates with Arbitrum to Scale Web3 Gaming

GameSwift Integrates with Arbitrum to Scale Web3 Gaming

GameSwift, the first modular Web3 gaming ecosystem, has integrated with Arbitrum, the leading Ethereum Layer2 scaling solution. This integration will allow GameSwift to scale its games and provide players with a more seamless and enjoyable experience. Arbitrum is a popular Layer2 scaling solution for Ethereum that offers a number of benefits, including: The integration of…

Alleged Rug Pull on Swaprum DEX Wipes Out $3 Million in Customer Funds
|

Alleged Rug Pull on Swaprum DEX Wipes Out $3 Million in Customer Funds

Swaprum, a decentralized exchange (DEX) operating on the Arbitrum Network, has allegedly executed a rug pull on its users, resulting in the disappearance of approximately $3 million worth of customer deposits. This incident has sent shockwaves through the crypto community, highlighting the risks associated with investing in decentralized platforms. As a result, the value of…

Swaprum RugPull Causes $3 Million Loss and Token Collapse
|

Swaprum RugPull Causes $3 Million Loss and Token Collapse

The cryptocurrency market is no stranger to scams and fraudulent activities. Unfortunately, Swaprum, an Arbitrum ecological project, has recently become the victim of a significant scam known as a RugPull. This malicious act has resulted in a devastating loss of approximately $3 million for investors, while the value of Swaprum tokens has sharply declined, almost…

Crypto Experts Warn of Meme Coin Scams as XIRTAM Rug Pulls
|

Crypto Experts Warn of Meme Coin Scams as XIRTAM Rug Pulls

In the latest crypto news, experts are warning investors to be cautious of meme coin scams as the popularity of non-fungible tokens (NFTs) continues to rise. The warning comes after the recent rug pull of XIRTAM, an educational project that raised 2,000 ETH and was previously funded by CultDAO. The project’s funds were frozen by…