Arbitrum airdrop hype grips DeFi world: Finance Redefined

insights — a newsletter crafted to bring you significant developments over the last week.

Apart from the Arbitrum hype, the Euler Finance hack has also seen some new developments. The person or group behind the attack returned a portion of the funds after the protocol developers put a million-dollar bounty on their heads. Some of these funds were also moved to blacklisted North Korean addresses.

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Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85% – Market Updates Bitcoin NewsOn Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices. How much of this was from DAOs dumping their share? It looks like the Arbitrum airdrop has caused some market volatility. Now is a good time to evaluate your investments and make sure you're making the best decisions for your portfolio.
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