The Arbitrum community has opened voting for the "ArbOS version 11" proposal, which includes multiple improvements and bug fixes to the protocol
On November 28th, the Arbitrum community opened voting for the "ArbOS 11 version" AIP proposal, which will end on December 5th at 06:11. Currently, the support rate is 99.78%.<br>The proposal suggests introducing multiple improvements to Arbitrum, including support for EVM upgrades and the PUSH0 opcode, as well as various bug fixes. It is reported that these improvements have been audited and are ready to be adopted, involving Arbitrum Orbit chain, Arbitrum One, and Arbitrum Nova (the proposal involves the latter two), and the ArbOS upgrade can be considered as an Arbitrum hard fork.
BanklessDAO requests 1.82 million ARB from Arbitrum for 12-month campaign
BanklessDAO has requested a grant of 1.82 million ARB from Arbitrum to carry out a 12-month long campaign. These funds will help the organization guide users from awareness to expertise, further promoting adoption. The campaign will focus on three core audiences: developers, DeFi enthusiasts, and gamers.
A giant whale withdrew 701,000 GAL and 691,000 ARB from Binance
According to Spot On Chain's monitoring, about 25 minutes ago, a whale with an address starting with 0x94c withdrew 701,000 GAL ($918,000) and 691,000 ARB ($720,000) from Binance.<br>The whale has withdrawn 9 tokens ILV, MKR, ETH, 1INCH, UNI, GAL, ARB, ENS, and LQTY from Binance in the past 18 days (estimated cost: $16.1 million).<br>The whale has deposited a small amount of MKR and ENS (totaling $758,000) back into Binance.<br>The whale still holds all 9 tokens worth $17.2 million.<br>The estimated profit the whale has made from all tokens is $1.9 million (+14%).
Kyber Network attacker has transferred 1,000 WETH on Arbitrum to address 0x84e
PeckShield monitoring shows that the address marked by Kyber Network as the attacker has transferred 1,000 WETH (worth $2.06 million) to the address 0x84e6...adb4 on Arbitrum. The address 0x84e6...adb4 previously interacted with Indexed Finance Exploiter on Ethereum approximately 705 days ago.
Equilibria: The EQB liquidity pool on Arbitrum was attacked
On November 21st, Equilibria, a yield enhancement protocol based on Pendle, announced that the EQB liquidity pool on Arbitrum had been attacked, and an unknown address had withdrawn all liquidity funds.The Equilibria team is investigating the matter, and preliminary investigations show that the address providing liquidity is a victim of a phishing attack, which has depleted the EQB liquidity pool on Camelot. This is an independent EOA address and has no connection to any Equilibria contract.
The Arbitrum community’s proposal to “Empower Early Contributors: Community Arbiter” has opened for voting
The proposal to "Empower Early Contributors: Community Arbitrator" in the Arbitrum community has started voting and will end at 2:55 on December 5th. The proposal suggests distributing 500,000 ARB tokens evenly among 24 members.
Offchain Labs investor address transfers approximately $86.32 million in ARB
According to Scopescan monitoring, in the past two hours, Offchain Labs, the development team of Arbitrum, transferred ARB worth 86.32 million US dollars to investor addresses. Of this, 35 million ARB (worth 35.9 million US dollars) was transferred to Coinbase Prime, while the rest was dispersed to different ARB ownership contracts.
Arbitrum investor address transfers over $86 million worth of ARB tokens
On November 21st, Scopescan monitoring showed that within the past two hours, the investor address "0x3322" of Arbitrum development company Offchain Labs transferred approximately 86.32 million US dollars worth of ARB tokens. Among them, 35 million ARB tokens (worth about 35.9 million US dollars) were transferred to Coinbase Prime, and the remaining tokens were allocated to different ARB token locking contracts.
GMX has integrated Chainlink Data Streams and reduced Arbitrum on-chain transaction rates to approximately 0.015%
Decentralized derivative protocol GMX has announced the integration of Chainlink's oracle data stream service "Chainlink Data Streams" on the X platform to enhance real-time price updates on its on-chain market and achieve faster on-chain execution services. In addition, GMX has lowered the transaction fee rate on the Arbitrum chain to about 0.015%.
The Arbitrum community has released "Empowering Early Contributors: Community Arbiter Proposal" on the chain, and voting will begin tomorrow.
Arbitrum community has created and released the "Empowering Early Contributors: Community Arbitrator Proposal" on-chain. The voting will start at 02:55 on November 21st Beijing time and end at 02:55 on December 5th. The proposal suggests distributing 500,000 ARB tokens evenly among 24 members.
A giant whale sold 14 million ARB, resulting in a loss of approximately US$6 million.
Lookonchain monitoring shows that since November 16th, whales have sold all 14 million ARB tokens (valued at $14.84 million) at an average price of about $1.05. In April, the whales withdrew 22.55 million ARB tokens (valued at $27.76 million) from Binance and Gateio at an average price of about $1.23. They also deposited 8.44 million ARB tokens (valued at $6.92 million) into Binance at a price of $0.82. The total loss was $6 million.
A certain whale sold 3.8 million ARB 3 hours ago
Lookonchain monitored that a certain whale sold 3.8 million ARB tokens at an average price of $1.04, receiving 1,973 ETH (worth $3.97 million) three hours ago. Since October 23, the whale has been accumulating and providing liquidity for ARB, with an average purchase cost of around $1. The profit was approximately $275,000.
Balancer will provide an additional 1.2 million ARB incentives for its liquidity growth program on Arbitrum
On November 18th, decentralized exchange platform Balancer announced that it will provide an additional 1.2 million ARB incentives for its Liquidity Growth Program (LGP) on the Arbitrum network. This incentive comes from the Short-Term Incentive Plan (STIP) previously passed by Arbitrum. Prior to this, the total incentives provided by LGP were 1 million ARB, so the new funding injection means that the incentive intensity of the LGP program will double. Previously, the program allocated 80,000 ARB per epoch, lasting until the end of November. Now, it will allocate approximately 171,000 ARB every two weeks, lasting until the end of February next year.
An address is selling ARB at a loss and has deposited 839,899 ARB to Binance.
Lookonchain monitoring shows that an address is selling ARB at a loss. The address has started depositing ARB into Binance and has deposited 839,899 ARB (worth $906,000) to date. On April 4th and 5th, the address withdrew 17.62 million ARB (worth $20.97 million) from Binance and Gate when the price was $1.19. Then, from September 10th to 14th, the address deposited 8.44 million ARB (worth $6.9 million) to Binance at a price of $0.82. Currently, the address still holds 8.34 million ARB (worth $9 million) and has lost about $4.14 million in total on ARB.
A certain whale deposited 4.93 million ARB into Binance in the past 15 hours and would lose $1.46 million if sold.
According to Lookonchain monitoring, in the past 15 hours, a whale has deposited all 4.93 million ARB coins (worth $5.33 million) into Binance. On April 26-27, the whale withdrew 4.93 million ARB coins (worth $6.79 million) from Binance when the price was about $1.38. If sold now, the whale would lose about $1.46 million.
Arbitrum’s new proposal plans to increase the total STIP incentive budget to 71.4 million ARBs
On November 16th, Arbitrum launched a community proposal to provide reserve funds for successful STIP proposals, outlining a one-time feedback fund for all "approved but unfunded proposals" of Arbitrum STIP. The total budget is proposed to be increased by 21.4 million to 71.4 million ARB, and the total number of participating protocols is proposed to be increased by 26, with a total of 56 funded projects.
Arbitrum: Safety Committee election results have taken effect and Safe multi-sig has been updated
On November 15th, Arbitrum tweeted that the election results of the security committee had taken effect, and the SAFE multi-signature had been updated to the addresses of the 6 elected members of the security committee.
Arbitrum DAO votes to approve draft “Funding Support for STIP Proposal”
The Snapshot page shows that the vote on the "Funding Support for Successful STIP Proposals" draft by Arbitrum DAO has ended, with a final approval rate of 67.68%. It is reported that the draft plans to increase the total budget allocation (50 million ARB) of the original STIP proposal to 71.4 million ARB, and increase the total number of participating protocols by 26, for a total of 56 sponsored projects. The proposal plans to distribute ARB held by the DAO to incentive mechanisms, while utilizing the allocation system and consensus already created in STIP 1.
Camelot: ARB incentive plan allocation is being finalized and will cover more than 60 pools
Arbitrum ecological DEX Camelot announced on X platform that it is finalizing the upcoming distribution of the ARB incentive plan. This plan will incentivize more than 60 pools, including blue-chip pools, native protocols, and some new partners. The quest is about to begin.
On November 10th, Camelot announced on the X platform that the Arbitrum DAO has awarded Camelot 3 million ARB tokens for a 3-month incentive plan. The first batch of incentives will be launched in the next few days, which will be used to introduce new protocols, support native builders, and ensure long-term liquidity.
A user lost $927,000 worth of GMX after signing an address recipient transaction to the GMX Rewards Router.
Scam Sniffer on X platform stated that a user lost $927,000 worth of GMX on Arbitrum 9 hours ago after signing a "signalTransfer (recipient address)" transaction to the GMX reward router.