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Cryptorank

Category ARB

L2 chains burn zero Ethereum (ETH) from fees, despite carrying growing app activity

L2 chains burn zero Ethereum (ETH) from fees, despite carrying growing app activity

L2 are burning just 17 ETH per week, down 98% from the levels from a few months ago. The previous argument of L2 being profitable has failed, with ...
Apr, 02, 2025
4 min read
by CryptoPolitan
Arbitrum DAO votes to increase revenue, improve market shares in DeFi, RWA

Arbitrum DAO votes to increase revenue, improve market shares in DeFi, RWA

Arbitrum DAO’s earnings and plans for raising more revenue in the coming months and years for its network were shared by Entropy Advisors, a platfo...
Mar, 28, 2025
3 min read
by CryptoPolitan
GMX smart contracts hacked for 6,260 ETH

GMX smart contracts hacked for 6,260 ETH

Magic Internet Money (MIM) was exploited for 6,260 ETH, taken from lending vaults on Arbitrum. While MIM used GMX smart contracts, neither the GMX ...
Mar, 25, 2025
3 min read
by CryptoPolitan
Base, Arbitrum lead L2 activity and revenue generation in 2025

Base, Arbitrum lead L2 activity and revenue generation in 2025

Base and Arbitrum are the leading layer-2 (L2) blockchains by on-chain activities and revenue generation.
Mar, 22, 2025
3 min read
by CryptoPolitan
ZKSync discontinues its Ignite incentive program due to unfavorable market conditions

ZKSync discontinues its Ignite incentive program due to unfavorable market conditions

ZKSync will not launch Season 2 of its Ignite program, which aimed to boost available liquidity for DeFi. ZKSync will now focus on the Elastic Netw...
Mar, 14, 2025
4 min read
by CryptoPolitan