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Why $ARB (Arbitrum) Is the Future of Ethereum Scaling You Can’t Afford to Ignore!
Hey crypto warriors! Have you been searching for the next big project that’s poised to dominate the DeFi landscape? Look no further than $ARB (Arbitrum)! This isn’t just another layer-2 solution; it’s the ultimate gateway to Ethereum scalability and efficiency. Let’s break down why ARB could be your ticket to crypto riches!
1️⃣ Leading the Layer-2 Revolution
Arbitrum is at the forefront of the Ethereum Layer-2 solutions, offering unparalleled scalability and reduced transaction fees. While Ethereum struggles with congestion, Arbitrum ensures lightning-fast transactions without the hefty gas fees, making DeFi accessible to all.
2️⃣ Massive DeFi Adoption
Arbitrum is rapidly becoming the go-to platform for some of the biggest names in DeFi. From yield farming to NFTs, developers are flocking to Arbitrum to build the next generation of decentralized applications. This explosive growth means massive demand for ARB.
3️⃣ Interoperability and Security
Unlike some layer-2 solutions, Arbitrum doesn’t compromise on security. It’s fully compatible with Ethereum, allowing developers to deploy existing smart contracts with minimal changes. This seamless integration ensures that Arbitrum remains secure, scalable, and interoperable with Ethereum’s vast ecosystem.
4️⃣ $ARB Token Utility
ARB isn’t just a governance token; it plays a critical role in Arbitrum’s ecosystem. From voting on key protocol upgrades to staking and rewards, holding ARB gives you a front-row seat in shaping the future of Ethereum scaling.
5️⃣ Early Bird Advantage
We’re still in the early stages of Layer-2 adoption, and ARB presents a unique opportunity. As Ethereum 2.0 development continues, the demand for scalable solutions like Arbitrum will skyrocket. Getting in early could yield exponential returns as the ecosystem matures.
🚨 Time to Act!
The crypto market doesn’t wait, and neither should you. As Arbitrum continues to gain traction, ARB could become one of the most sought-after tokens in the space. Don’t miss your chance to be part of this revolutionary journey!
💥 Secure your position with $ARB today and watch as Arbitrum reshapes the DeFi world! This is more than an investment; it’s a front-row seat to the future of blockchain technology!
What do you think? Is ARB the game-changer we’ve been waiting for? Drop your thoughts below and let’s start the discussion! 👇
#Arbitrum #Layer2Scaling #DeFiRevolution #Ethereum #CryptoInnovation
1️⃣ Leading the Layer-2 Revolution
Arbitrum is at the forefront of the Ethereum Layer-2 solutions, offering unparalleled scalability and reduced transaction fees. While Ethereum struggles with congestion, Arbitrum ensures lightning-fast transactions without the hefty gas fees, making DeFi accessible to all.
2️⃣ Massive DeFi Adoption
Arbitrum is rapidly becoming the go-to platform for some of the biggest names in DeFi. From yield farming to NFTs, developers are flocking to Arbitrum to build the next generation of decentralized applications. This explosive growth means massive demand for ARB.
3️⃣ Interoperability and Security
Unlike some layer-2 solutions, Arbitrum doesn’t compromise on security. It’s fully compatible with Ethereum, allowing developers to deploy existing smart contracts with minimal changes. This seamless integration ensures that Arbitrum remains secure, scalable, and interoperable with Ethereum’s vast ecosystem.
4️⃣ $ARB Token Utility
ARB isn’t just a governance token; it plays a critical role in Arbitrum’s ecosystem. From voting on key protocol upgrades to staking and rewards, holding ARB gives you a front-row seat in shaping the future of Ethereum scaling.
5️⃣ Early Bird Advantage
We’re still in the early stages of Layer-2 adoption, and ARB presents a unique opportunity. As Ethereum 2.0 development continues, the demand for scalable solutions like Arbitrum will skyrocket. Getting in early could yield exponential returns as the ecosystem matures.
🚨 Time to Act!
The crypto market doesn’t wait, and neither should you. As Arbitrum continues to gain traction, ARB could become one of the most sought-after tokens in the space. Don’t miss your chance to be part of this revolutionary journey!
💥 Secure your position with $ARB today and watch as Arbitrum reshapes the DeFi world! This is more than an investment; it’s a front-row seat to the future of blockchain technology!
What do you think? Is ARB the game-changer we’ve been waiting for? Drop your thoughts below and let’s start the discussion! 👇
#Arbitrum #Layer2Scaling #DeFiRevolution #Ethereum #CryptoInnovation
Nikola1710:
If eth goes to 9-10k than arb go past5-6$
📊👀
En 2024 Q4, el report r anual de CoinGecko reveló que las 10 principales L2 promediaron 15M de transacciones diarias. Base representó el 48,3% de estas transacciones, seguida de Taiko con el 20,6% y Arbitrum con el 13,7%.
#Taiko #Arbitrum #CoinGecko #ARB #Transaction $ARB
En 2024 Q4, el report r anual de CoinGecko reveló que las 10 principales L2 promediaron 15M de transacciones diarias. Base representó el 48,3% de estas transacciones, seguida de Taiko con el 20,6% y Arbitrum con el 13,7%.
#Taiko #Arbitrum #CoinGecko #ARB #Transaction $ARB
CryptoAnalistPRO:
🔥🚀🔥🔥🔥
ARB/USDT Analysis🧐🧐
$ARB
📈LONG: $ARB (4H)
#ARBUSDT | #ARB | #Arbitrum
Current Price $0.74
Market Cap $3.10B
Change 1h +0.79% | 24h +5.99%
4-Hourly Indicators:
• RSI: 51 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.73 - Trading Above 🟢
Analysis:
The ARB/USDT pair bounced back after hitting the PML at $0.6673. It's a good time to look for long positions as the price taps into the FVG. However, keep an eye out for potential market structure shifts (MSS) before diving in.
Price Targets:
Watch key resistance at PWH $0.9543. If momentum holds, a rise towards this level seems promising. Stay alert and ready to adjust your positions!
Arbitrum's community: @Arbitrum Foundation
📈LONG: $ARB (4H)
#ARBUSDT | #ARB | #Arbitrum
Current Price $0.74
Market Cap $3.10B
Change 1h +0.79% | 24h +5.99%
4-Hourly Indicators:
• RSI: 51 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.73 - Trading Above 🟢
Analysis:
The ARB/USDT pair bounced back after hitting the PML at $0.6673. It's a good time to look for long positions as the price taps into the FVG. However, keep an eye out for potential market structure shifts (MSS) before diving in.
Price Targets:
Watch key resistance at PWH $0.9543. If momentum holds, a rise towards this level seems promising. Stay alert and ready to adjust your positions!
Arbitrum's community: @Arbitrum Foundation
#ARB
Current Outlook
as with many other assets, I believe #Arbitrum is waiting on #ETH . When #Ethereum surpasses $4,100 and confirms a bullish trend, other altcoins are likely to follow with significant upward moves.
For $ARB
, potential resistance levels during a rally can be tracked as outlined in the chart.
For now, staying on the sidelines and observing seems like the best approach.
@cryptobreakout_trader
Current Outlook
as with many other assets, I believe #Arbitrum is waiting on #ETH . When #Ethereum surpasses $4,100 and confirms a bullish trend, other altcoins are likely to follow with significant upward moves.
For $ARB
, potential resistance levels during a rally can be tracked as outlined in the chart.
For now, staying on the sidelines and observing seems like the best approach.
@cryptobreakout_trader
crypto_kaiser225:
oui la montée de l’ether entraînera avec elle ses couche 2 et ils vont même super-former même l’ether
Arbitrum's Reversal Zone: Is a Surge Toward $2 on the Horizon?
The $ARB /USD pair shows promising signs of a potential bullish breakout, according to its daily chart. After testing strong support levels around $0.68–$0.70, the market structure appears to be forming a reversal pattern, suggesting the possibility of a move toward the $2 mark.
Key Insights:
The Relative Strength Index (RSI) is recovering from oversold territory, signaling a potential shift toward bullish momentum.
A critical resistance level at $0.7756 is currently in focus; a breakout above this level could catalyze further upward movement.
Price projections based on past market behavior suggest that the medium-term target could be as high as $2, aligning with previous highs.
Given these factors, investors and traders alike should keep a close watch on Arbitrum’s price action. This may be the beginning of a significant recovery, but the critical resistance levels will determine the strength and sustainability of the potential rally.
Key Insights:
The Relative Strength Index (RSI) is recovering from oversold territory, signaling a potential shift toward bullish momentum.
A critical resistance level at $0.7756 is currently in focus; a breakout above this level could catalyze further upward movement.
Price projections based on past market behavior suggest that the medium-term target could be as high as $2, aligning with previous highs.
Given these factors, investors and traders alike should keep a close watch on Arbitrum’s price action. This may be the beginning of a significant recovery, but the critical resistance levels will determine the strength and sustainability of the potential rally.
ANIME, an Azuki-related token, is scheduled to launch on Ethereum this month.
Animecoin Foundation has announced the launch of its cultural coin ANIME on Ethereum and Arbitrum this month.
Animecoin Foundation, which is associated with the popular
FT project Azuki, will issue a total of 10 billion ANIME tokens, nearly 77% of which will be in circulation on day one.
The Animecoin Foundation intends to "transform the animation ecosystem into a creative, community-owned economy" through the issuance of tokens. For decades, Anime has shaped global culture, from art to fashion, music to games. Starting as a niche subculture, anime has grown into one of the most passionate fandoms in the world, with over a billion fans. However, these fans remain passive consumers. Until now, more than half of
ANIME's total
ANIME is accounted for by the Web3 community, led by Azuki, one of the original members of the Anime Coin Foundation. Azuki's community
Azuki receives 37.5% of the total offering, or 3.75 billion tokens. Another 13% is allocated for "community development, that is, the distribution of tokens managed by ANIME #token holders and future AnimeDAOs to "fund community incentives and initiatives.
Other anime-related projects, Web 3 users of the Kaito analytics platform and some #Arbitrum projects will receive a portion of the 2% of ANIME tokens allocated to the partner community.
ANIME tokens have long been expected, but the official announcement of Azuki's 'NFT' rate helped the project's price on the floor (the lowest asset price on the exchange) rise nearly 9% to 13.67 ETH or $41,505 in the past 24 hours, according to
F Price Floor.
His fellow Azuki Elementals and Beanz also rose in value, climbing 9.6% and 7.4%, respectively.
PENGU, the Pudgy Penguins ecosystem token on Solana, launched on Tuesday and quickly entered the top 100 cryptocurrencies. currencies. According to CoinGecko, the Pudgy Penguins token is currently trading at around $0.0335 and has a market capitalization of around $ 2.
Read us at: Compass Investments
#transscreen.ru #MarketInsights #BlockchainFuture
Animecoin Foundation, which is associated with the popular
FT project Azuki, will issue a total of 10 billion ANIME tokens, nearly 77% of which will be in circulation on day one.
The Animecoin Foundation intends to "transform the animation ecosystem into a creative, community-owned economy" through the issuance of tokens. For decades, Anime has shaped global culture, from art to fashion, music to games. Starting as a niche subculture, anime has grown into one of the most passionate fandoms in the world, with over a billion fans. However, these fans remain passive consumers. Until now, more than half of
ANIME's total
ANIME is accounted for by the Web3 community, led by Azuki, one of the original members of the Anime Coin Foundation. Azuki's community
Azuki receives 37.5% of the total offering, or 3.75 billion tokens. Another 13% is allocated for "community development, that is, the distribution of tokens managed by ANIME #token holders and future AnimeDAOs to "fund community incentives and initiatives.
Other anime-related projects, Web 3 users of the Kaito analytics platform and some #Arbitrum projects will receive a portion of the 2% of ANIME tokens allocated to the partner community.
ANIME tokens have long been expected, but the official announcement of Azuki's 'NFT' rate helped the project's price on the floor (the lowest asset price on the exchange) rise nearly 9% to 13.67 ETH or $41,505 in the past 24 hours, according to
F Price Floor.
His fellow Azuki Elementals and Beanz also rose in value, climbing 9.6% and 7.4%, respectively.
PENGU, the Pudgy Penguins ecosystem token on Solana, launched on Tuesday and quickly entered the top 100 cryptocurrencies. currencies. According to CoinGecko, the Pudgy Penguins token is currently trading at around $0.0335 and has a market capitalization of around $ 2.
Read us at: Compass Investments
#transscreen.ru #MarketInsights #BlockchainFuture
Azuki's Animecoin announces TGE and airdrop in January
#Animecoin $ANIME will conduct TGE and airdrop in January. The total supply of $ANIME is 10B, with an initial circulating supply of 7.69B. Animecoin will launch on #Ethereum and #Arbitrum , with the community receiving 50.5% of the token supply. The Azuki community received 37.5% of the allocation, and also $HYPE stakers and #KaitoYappers were allocated airdrops. Additionally, the Animecoin Foundation's grant programs will allocate more tokens to dedicated anime creators and builders, helping to onboard future $ANIME holders.
Following the announcement of the $ANIME TGE, the floor prices of #Azuki series #NFTs are experiencing a significant surge. Azuki has risen by 17%, #Elementals by 20%, and #Beanz by 22%.
👉 x.com/animecoin/status/1878593519335653425
#Animecoin $ANIME will conduct TGE and airdrop in January. The total supply of $ANIME is 10B, with an initial circulating supply of 7.69B. Animecoin will launch on #Ethereum and #Arbitrum , with the community receiving 50.5% of the token supply. The Azuki community received 37.5% of the allocation, and also $HYPE stakers and #KaitoYappers were allocated airdrops. Additionally, the Animecoin Foundation's grant programs will allocate more tokens to dedicated anime creators and builders, helping to onboard future $ANIME holders.
Following the announcement of the $ANIME TGE, the floor prices of #Azuki series #NFTs are experiencing a significant surge. Azuki has risen by 17%, #Elementals by 20%, and #Beanz by 22%.
👉 x.com/animecoin/status/1878593519335653425
$ARB I’m still re-buy-long and long. Will do effect about #Arbitrum TGE unlock at this month #AltcoinSeason2025
🌟 Weekly Token Unlocks: 21 Tokens Poised for Major Releases 🚀
According to RootData’s latest report, shared by ChainCatcher, this week brings significant activity to the crypto space with 21 tokens scheduled for release. These unlocks are expected to drive market attention and potentially influence token prices.
Top Tokens to Watch
ARB (Arbitrum): Leading the list, ARB will unlock $95.35 million, making it the week’s most anticipated release.
VANA: Positioned as another key token, with a substantial unlock value exceeding $10 million.
APE (ApeCoin): Also among the leaders, with its unlock surpassing the $10 million threshold.
Market Impact
These token unlocks often generate market volatility, offering both risks and opportunities. Traders and analysts are closely monitoring ARB’s massive release, as it could shift supply dynamics and influence price trends in the short term.
Stay tuned as the crypto space braces for a pivotal week!
#CryptoNews 📊 #TokenUnlocks 🔓 #Arbitrum 🌉 #ApeCoin 🐵 #DeFi
🚀
$VANA $ARB $APE
According to RootData’s latest report, shared by ChainCatcher, this week brings significant activity to the crypto space with 21 tokens scheduled for release. These unlocks are expected to drive market attention and potentially influence token prices.
Top Tokens to Watch
ARB (Arbitrum): Leading the list, ARB will unlock $95.35 million, making it the week’s most anticipated release.
VANA: Positioned as another key token, with a substantial unlock value exceeding $10 million.
APE (ApeCoin): Also among the leaders, with its unlock surpassing the $10 million threshold.
Market Impact
These token unlocks often generate market volatility, offering both risks and opportunities. Traders and analysts are closely monitoring ARB’s massive release, as it could shift supply dynamics and influence price trends in the short term.
Stay tuned as the crypto space braces for a pivotal week!
#CryptoNews 📊 #TokenUnlocks 🔓 #Arbitrum 🌉 #ApeCoin 🐵 #DeFi
🚀
$VANA $ARB $APE
SGT Dantas:
ok
Synthetix shifts focus to Base, while closing perps markets on Arbitrum
#Synthetix $SNX has announced the closure of its perps markets on #Arbitrum $ARB , transitioning to a "close-only" mode where new positions cannot be opened. This decision aligns with the project's strategic shift to focus on #Coinbase 's #Base network. As part of the change, Arbitrum's #USDx will be managed by the Synthetix Treasury, which is purchasing USDx from the market to maintain liquidity.
#Synthetix $SNX has announced the closure of its perps markets on #Arbitrum $ARB , transitioning to a "close-only" mode where new positions cannot be opened. This decision aligns with the project's strategic shift to focus on #Coinbase 's #Base network. As part of the change, Arbitrum's #USDx will be managed by the Synthetix Treasury, which is purchasing USDx from the market to maintain liquidity.
Promising activity in the Sui (SUI) ecosystem.
There is an interesting movement in the Sui network, a layer-1 blockchain founded by four former employees of technology giant Facebook in 2022. Despite the uncertainty in the market, the network's cryptocurrency $SUI reached an all-time high (ATH) just five days ago.
SUI, which earned its investors almost 400 percent last year, was trading at $ 5 as of the time of writing. Evaluating the performance of SUI, which rose to $ 5.35 on January 6 and reached the ATH point, crypto analyst Bluntz emphasized price stability. Addressing his 300 thousand followers on the X (formerly Twitter) platform, the analyst said, “SUI's daily chart is worth seeing.
In addition to the #SUI price reaching its peak in a downward environment, a new milestone was also reached in the trading volume on decentralized exchanges. As of January 2025, SUI's trading volume on decentralized exchanges surpassed #Arbitrum (ARB). While SUI's trading volume reached $405 million, Arbitrum's remained at $360 million. Thus, with its increasing liquidity, SUI surpassed Arbitrum for the first time in trading volume on decentralized exchanges.
In fact, it is possible to explain the increase in liquidity in SUI with the increase in active accounts. The 20 percent increase in the number of active accounts in the last month is another indicator of the increasing interest in the Sui blockchain. The number of active accounts in SUI, which started to increase in May 2023, reached 40 million in January 2025.
Another development concerning the Sui ecosystem, which is seeking solutions to general problems of blockchains such as scalability, decentralization and security, is a new collaboration. According to the statement made on January 10, the token of the Telegram-based game Seed will be released on the #Sui network and an airdrop will be made soon.
There is an interesting movement in the Sui network, a layer-1 blockchain founded by four former employees of technology giant Facebook in 2022. Despite the uncertainty in the market, the network's cryptocurrency $SUI reached an all-time high (ATH) just five days ago.
SUI, which earned its investors almost 400 percent last year, was trading at $ 5 as of the time of writing. Evaluating the performance of SUI, which rose to $ 5.35 on January 6 and reached the ATH point, crypto analyst Bluntz emphasized price stability. Addressing his 300 thousand followers on the X (formerly Twitter) platform, the analyst said, “SUI's daily chart is worth seeing.
In addition to the #SUI price reaching its peak in a downward environment, a new milestone was also reached in the trading volume on decentralized exchanges. As of January 2025, SUI's trading volume on decentralized exchanges surpassed #Arbitrum (ARB). While SUI's trading volume reached $405 million, Arbitrum's remained at $360 million. Thus, with its increasing liquidity, SUI surpassed Arbitrum for the first time in trading volume on decentralized exchanges.
In fact, it is possible to explain the increase in liquidity in SUI with the increase in active accounts. The 20 percent increase in the number of active accounts in the last month is another indicator of the increasing interest in the Sui blockchain. The number of active accounts in SUI, which started to increase in May 2023, reached 40 million in January 2025.
Another development concerning the Sui ecosystem, which is seeking solutions to general problems of blockchains such as scalability, decentralization and security, is a new collaboration. According to the statement made on January 10, the token of the Telegram-based game Seed will be released on the #Sui network and an airdrop will be made soon.
As of January 11, 2025, #Arbitrum (ARB) is trading at $0.7336, reflecting a decrease of approximately 4.34% from the previous close.
Technical Analysis:
#Relative Strength Index (RSI): The 14-period RSI is currently at 72.68, indicating that ARB is in overbought territory. This suggests a potential for price correction or consolidation.
#MovingAverages : The 50-period and 200-period simple moving averages (SMA) are both positioned below the current price, indicating a bullish trend. The 50-SMA is at $0.8943, and the 200-SMA is at $0.7939.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, suggesting upward momentum. However, the histogram is narrowing, which could indicate a potential slowdown in the bullish trend.
#supportandresistance and Levels:
Support: The immediate support level is around $0.7298, which aligns with the intraday low. A break below this level could lead to further downside.
Resistance: The next resistance level is near $0.7692, corresponding to the intraday high. A break above this level could signal a continuation of the bullish trend.
#OpenfabricAI
Technical Analysis:
#Relative Strength Index (RSI): The 14-period RSI is currently at 72.68, indicating that ARB is in overbought territory. This suggests a potential for price correction or consolidation.
#MovingAverages : The 50-period and 200-period simple moving averages (SMA) are both positioned below the current price, indicating a bullish trend. The 50-SMA is at $0.8943, and the 200-SMA is at $0.7939.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, suggesting upward momentum. However, the histogram is narrowing, which could indicate a potential slowdown in the bullish trend.
#supportandresistance and Levels:
Support: The immediate support level is around $0.7298, which aligns with the intraday low. A break below this level could lead to further downside.
Resistance: The next resistance level is near $0.7692, corresponding to the intraday high. A break above this level could signal a continuation of the bullish trend.
#OpenfabricAI
Arbitrum DAO готовит внедрение протокола BoLD
Arbitrum проводит голосование по переходу на протокол BoLD среди членов сообщества через децентрализованную автономную организацию (DAO).
Голосование продлится до 24 января.
В случае внедрения BoLD Arbitrum станет более масштабируемым, эффективным и безопасным.
#ARB #Arbitrum
$ARB
Arbitrum проводит голосование по переходу на протокол BoLD среди членов сообщества через децентрализованную автономную организацию (DAO).
Голосование продлится до 24 января.
В случае внедрения BoLD Arbitrum станет более масштабируемым, эффективным и безопасным.
#ARB #Arbitrum
$ARB
#Arbitrum
DAO открыла голосование по обновлению L2-решений Arbitrum One и Nova, которое позволит использовать протокол разрешения споров BoLD.
DAO открыла голосование по обновлению L2-решений Arbitrum One и Nova, которое позволит использовать протокол разрешения споров BoLD.
"Arbitrum DAO proposes a game-changing shift to the BoLD Protocol, boosting security, scalability, and governance for a stronger future in DeFi!" 🚀🔐
🚀 Arbitrum DAO Proposes Transition to BoLD Protocol for Enhanced Security 🔐
In an exciting new development, the Arbitrum DAO has officially proposed transitioning to the BoLD Protocol, marking a major step toward strengthening security and scalability within the Arbitrum ecosystem. This move is designed to enhance decentralized governance, improve smart contract security, and foster a more robust, user-friendly environment for all participants.
With the BoLD Protocol, Arbitrum aims to ensure greater safety and scalability while maintaining the flexibility that has made it a leader in Ethereum Layer 2 solutions. The proposal aligns with the community’s commitment to continuous improvement and innovation.
🛡️ Why BoLD Protocol?
Improved security protocols
Enhanced scalability
Streamlined governance for greater efficiency
As the Arbitrum ecosystem continues to grow, this transition could be a game-changer for developers, users, and the DeFi community. Stay tuned for more updates on this pivotal development! 🌐💥
#Arbitrum #BoLDProtocol #defi #CryptoInnovationView #Layer2
🚀 Arbitrum DAO Proposes Transition to BoLD Protocol for Enhanced Security 🔐
In an exciting new development, the Arbitrum DAO has officially proposed transitioning to the BoLD Protocol, marking a major step toward strengthening security and scalability within the Arbitrum ecosystem. This move is designed to enhance decentralized governance, improve smart contract security, and foster a more robust, user-friendly environment for all participants.
With the BoLD Protocol, Arbitrum aims to ensure greater safety and scalability while maintaining the flexibility that has made it a leader in Ethereum Layer 2 solutions. The proposal aligns with the community’s commitment to continuous improvement and innovation.
🛡️ Why BoLD Protocol?
Improved security protocols
Enhanced scalability
Streamlined governance for greater efficiency
As the Arbitrum ecosystem continues to grow, this transition could be a game-changer for developers, users, and the DeFi community. Stay tuned for more updates on this pivotal development! 🌐💥
#Arbitrum #BoLDProtocol #defi #CryptoInnovationView #Layer2
Arbitrum’s largest liquidity manager Orange Finance loses $840k in hacker attack
Arbitrum-based Orange Finance has lost $840,000 after hackers upgraded its contracts and drained funds.
Orange Finance, a liquidity management protocol on the Arbitrum network, has been hacked, with losses totaling over $840,000. The team broke the news in an X post on Jan. 8, urging users to avoid interacting with the platform.
💬 Important Announcement – Jan. 8, 2025A hacker has taken over the admin address, upgraded the contracts, and transferred funds to their wallet.The team is not sure what happened and is currently investigating. The contract is no longer Orange.DO NOT interact with it… — Orange Finance January 8, 2025
According to the Orange Finance team, a hacker “has taken over the admin address, upgraded the contracts, and transferred funds to their wallet,” also confirming that the contract is no longer under Orange Finance’s control. The team is also “unsure of the details at this time,” the X post reads.
In a follow-up post, the Orange Finance team said they contacted the hacker through an on-chain message, asking to “respond positively within 24 hours,” and promising that “no law enforcement agencies will be involved, and the matter will be treated as a white-hat hack.”
🚨 ALERT 0xOrangeFinance team has announced that a hacker has compromised the admin address, upgraded contracts, and transferred funds to their wallet on arbchain. Estimated loss is more than $840K so far!The team is investigating and unsure of the details at this time.… — Cyvers Alerts January 8, 2025
Blockchain analytics firm Cyvers Alert added that the hacker has already swapped the stolen funds into Ethereum (ETH). The Orange Finance team is still investigating the attack. Users are being told to revoke all contract approvals connected to Orange Finance to stay safe.
Orange Finance is the largest liquidity manager on Arbitrum, which had more than $1.5 million in total value locked before the attack, per data from DefiLlama.
#Arbitrum #ARB
Arbitrum-based Orange Finance has lost $840,000 after hackers upgraded its contracts and drained funds.
Orange Finance, a liquidity management protocol on the Arbitrum network, has been hacked, with losses totaling over $840,000. The team broke the news in an X post on Jan. 8, urging users to avoid interacting with the platform.
💬 Important Announcement – Jan. 8, 2025A hacker has taken over the admin address, upgraded the contracts, and transferred funds to their wallet.The team is not sure what happened and is currently investigating. The contract is no longer Orange.DO NOT interact with it… — Orange Finance January 8, 2025
According to the Orange Finance team, a hacker “has taken over the admin address, upgraded the contracts, and transferred funds to their wallet,” also confirming that the contract is no longer under Orange Finance’s control. The team is also “unsure of the details at this time,” the X post reads.
In a follow-up post, the Orange Finance team said they contacted the hacker through an on-chain message, asking to “respond positively within 24 hours,” and promising that “no law enforcement agencies will be involved, and the matter will be treated as a white-hat hack.”
🚨 ALERT 0xOrangeFinance team has announced that a hacker has compromised the admin address, upgraded contracts, and transferred funds to their wallet on arbchain. Estimated loss is more than $840K so far!The team is investigating and unsure of the details at this time.… — Cyvers Alerts January 8, 2025
Blockchain analytics firm Cyvers Alert added that the hacker has already swapped the stolen funds into Ethereum (ETH). The Orange Finance team is still investigating the attack. Users are being told to revoke all contract approvals connected to Orange Finance to stay safe.
Orange Finance is the largest liquidity manager on Arbitrum, which had more than $1.5 million in total value locked before the attack, per data from DefiLlama.
#Arbitrum #ARB
🤷 Orange Finance trên Arbitrum bị hack, thiệt hại 787.000 USD
Trong một diễn biến đáng báo động, giao thức quản lý thanh khoản Orange Finance trên Arbitrum đã hứng chịu một cuộc tấn công mạng nghiêm trọng, khiến dự án mất mát khoảng 787.000 USD. Kẻ tấn công đã lợi dụng lỗ hổng trong hợp đồng thông minh để chiếm quyền kiểm soát, thực hiện giao dịch trái phép và rút cạn quỹ dự án.
Người dùng được khuyến cáo ngay lập tức thu hồi quyền hạn hợp đồng liên quan đến Orange Finance và ngừng mọi tương tác với giao thức để tránh tổn thất thêm.
Phía Orange Finance đã nỗ lực liên hệ với kẻ tấn công qua Arbiscan để đàm phán và yêu cầu trả lại số tiền bị đánh cắp.
#Arbitrum #OrangeFinance #Hack
Trong một diễn biến đáng báo động, giao thức quản lý thanh khoản Orange Finance trên Arbitrum đã hứng chịu một cuộc tấn công mạng nghiêm trọng, khiến dự án mất mát khoảng 787.000 USD. Kẻ tấn công đã lợi dụng lỗ hổng trong hợp đồng thông minh để chiếm quyền kiểm soát, thực hiện giao dịch trái phép và rút cạn quỹ dự án.
Người dùng được khuyến cáo ngay lập tức thu hồi quyền hạn hợp đồng liên quan đến Orange Finance và ngừng mọi tương tác với giao thức để tránh tổn thất thêm.
Phía Orange Finance đã nỗ lực liên hệ với kẻ tấn công qua Arbiscan để đàm phán và yêu cầu trả lại số tiền bị đánh cắp.
#Arbitrum #OrangeFinance #Hack