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zkSync faces criticisms for anti-Sybil measures in token distribution
13.6.2024
zkSync is attracting criticism from across the industry. Many are saying that the layer-2 scaling solution based on Ethereum lacked sufficient measures against Sybil attacks. Allegations have come at a time when zkSync has its focus on token airdrop. The allegation is that while it has listed seven...
Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy
28.5.2024
LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
25.3.2023
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury...
ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset
23.3.2023
A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges,...
Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model
17.3.2023
The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum...