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Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to ARB price. While Arbitrum’s governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth.  A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing “at a level higher” than before the airdrop. The daily active users, gas fees and transaction count maintained consistent higher levels on the Ethereum rollup since April 2023. The gap between the number of active users on Arbitrum and Optimism widened after the Aribtrum airdrop, closing in on Ethereum. Daily Active Users of Arbitrum, Ethereum and Optimism (past 6 months). Source: Nansen The trading volume on Arbitrum-based decentralized exchanges paint a similar picture, showing an evident rise in volume after the airdrop. The trading volume of DEXes on Arbitrum. Source: DeFiLlama Moreover, Nansen’s report sh...

Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry has just learned of another major breach , this time, the attackers have targeted a crypto wallet MetaMask. The data breach was reported by ConsenSys, which said that its best-known product was affected in a breach that targeted a third-party customer service provider rather than the app itself. Provide complete information pic.twitter.com/hW0RbMSzsI — samlogic.eth (@samlogic_) April 14, 2023 What happened? According to the company’s announcement, the issue originally came to its attention in August 2021. However, it was only resolved in February 2023. The company claims that only those MetaMask users who contacted customer support in the mentioned period and who shared personal information are compromised. Everyone else should be safe. The company noted that unauthorized actors managed to gain access to its third-party customer service provider between August 2021 an...

peaking in Singapore, Agustín Carstens described a ledger that would accommodate a variety of public and private projects in discrete but connectable parts. General manager of the Bank for International Settlements Agustín Carstens spoke at the Singapore FinTech Festival on Feb. 22 and described the digital financial infrastructure he believes would best suit central bankers’ needs. He called that infrastructure a “unified ledger.” Carstens compared the theoretical unified ledger with a smartphone, saying they both work seamlessly with a variety of components. Unlike a smartphone, a unified ledger would have open architecture, however, and would show programmability and composability, that it, it would run and bundle smart contracts. There are over 2 million apps available to smartphone users , Carstens noted. He said: “A unified ledger is a digital infrastructure with the potential to combine the monetary system with other registries of real and financial claims.” A unified ledg...