arb

According to The Defiant, the number of active addresses for the Ethereum Layer 2 scaling solution Arbitrum rose to 1.09 million on October 28, setting a new 30-day high.Data shows that the increase in the number of transactions on that day was significantly lower than the increase in active addresses, while the fees paid by users remained roughly at the median level of the previous week.

Alphabet (GOOG.O) CEO Sundar Pichai stated that the company is developing a streamlined version of Gemini 4 Carbon for over 1 billion users.

Alphabet CEO Sundar Pichai stated that the new AI model Carbon is being launched first to cybersecurity partners.

Alphabet CEO Sundar Pichai stated that the new AI model Carbon is being tested with the U.S. government.

Alphabet (GOOG.O) CEO Sundar Pichai stated that the new AI model Carbon is Google's strongest model.

Google (GOOG.O) launched the Gemini 4 Carbon cutting-edge model.

According to Bitcoin.com News, the Spanish National Guard discovered that digital wallets associated with the now-defunct cryptocurrency platform Arbistar continued to make large Bitcoin transfers after the platform's collapse. The investigation revealed that approximately 881 Bitcoins were transferred to external wallets when the platform collapsed in September 2020; from January to March 2021, wallets linked to the main defendants saw a total inflow and outflow of over 20,000 Bitcoins, valued at over $1.1 billion based on Bitcoin prices as of March 31, 2021.Spanish authorities classified the platform as a Ponzi scheme affecting up to 32,000 investors, with prosecutors stating in 2020 that approximately $1 billion of investor funds were unaccounted for. Founder Santiago Fuentes Jover and partner Diego Fernández Nojarova were sentenced to 16 and 11 years in prison, respectively.

Galaxy Research published an analysis stating that over the past three weeks, the Bitcoin network has seen approximately 40 inscriptions composed of random letters each day, which appear to be encrypted text but are not actually cryptographic information. The related address had previously written the U.S. Constitution into the Bitcoin network in May.The research found that after analyzing 562 texts, the frequency of the 26 English letters is almost evenly distributed, which is significantly different from the characteristics of normal English and substitution ciphers; metrics such as word length distribution and frequency of repeated words also indicate that these texts are likely generated by a random letter generator.Galaxy Research refers to the operator as the "Babel Scribe," believing it is more like testing a data publishing tool on the Bitcoin mainnet rather than attempting to convey hidden information. The structure of on-chain transactions, the continuous use of change addresses, and the regularity of publication times all exhibit characteristics of automated scripts. Related activities also include testing texts, random words in different languages, binary data, and the subsequent writing of the U.S. Declaration of Independence.It is estimated that the project has transferred approximately 3.33 million satoshis in total, of which about 24% was used to pay miner fees, while the remaining funds are still held in the related address. Researchers suggest that there is no need to interpret these garbled texts as hidden information.

According to Arbitrum monitoring, one month after the launch of Arbitrum One, it has generated $300,000 in priority fee revenue, during which 21 million transactions used PGA.

According to the United States Patent and Trademark Office (USPTO), a patent from Samsung Electronics titled "Electronic Devices and Their Operating Methods Providing Blockchain Service" was officially granted on October 20.This technology allows electronic devices to identify nearby devices that support blockchain services through wireless signals, establish peer-to-peer connections, and select the device with the most recent data to complete blockchain synchronization by comparing the latest block heights stored on each device. This patent can reduce network traffic and energy consumption when devices synchronize block data.

According to Arbitrum monitoring, the stablecoin inflow on Mayan is performing well. Previously, Mayan has transferred over 2.5 billion dollars in assets to Arbitrum, including over 2.3 billion dollars in stablecoins; half of which came from transfers of 100,000 dollars or more.

Arbitrum posted on platform X that the Fhenix mainnet has been launched, bringing FHE-driven privacy features to Arbitrum. Users can now switch transactions from public mode to private mode through Fhenix Dual Mode.

The cryptocurrency wallet backup company Vault12 submitted a letter to the U.S. Securities and Exchange Commission (SEC), pointing out that the proposed token safe harbor framework fails to adequately alleviate concerns about the listing of tokens on centralized exchanges. Trading platforms remain worried about the potential for the SEC to retroactively challenge the legal status of tokens in the future.Vault12 raised $17.45 million from 38 investors in 2018 through a future token agreement, and its issued Vault Guardian Token (VGT) has yet to be listed on any centralized exchange. The project has fulfilled or formally abandoned all commitments in its white paper, but the exchanges previously contacted still require confirmation that the SEC will not determine in the future that VGT continues to be bound by the original investment contract. The SEC's proposed "Regulation Crypto Assets" plan introduced in August of this year aims to provide exemptions for token financing and allows eligible projects to terminate the association between tokens and the original investment contracts through a safe harbor mechanism. Vault12 suggests adding a 60-day objection period, during which if the SEC does not raise any objections, eligible filings should have final effect on the agency, except in cases of fraud or significant misrepresentation.

According to the summary from the Arbitrum Foundation governance forum, the Arbitrum DAO currently has 4 temperature check votes ending on October 22, involving the Ethereum Glamsterdam upgrade adaptation, L1 governance recovery mechanism, treasury ETH transfer, and USDG strategic plan.Among them, the Entropy proposal suggests setting USDG as one of the core strategic plans of the Arbitrum DAO and additionally allocating 100 million ARB from the DAO treasury to the DRIP budget, while adjusting the project cycle and allowed uses. Furthermore, it is proposed to direct the net fees from AEP into ATMC and convert them into USDG to support the growth of USDG on Arbitrum.

The lending protocol Secured Finance announced that it has completed recovery and reopened on Ethereum, Arbitrum, and Filecoin. The official statement indicated that users did not lose funds, assets have been replenished, and contracts, balances, positions, and order books have all been repaired and verified.The Secured Finance lending market was attacked on September 5, resulting in a loss of approximately $104,000.

According to Arkham monitoring, the whale address 0x204 withdrew 10 million Arbitrum (ARB) from Bybit 2 hours ago, having previously withdrawn about 73,400 Uniswap (UNI) tokens, with a total value of approximately 2.34 million USD.It is worth noting that Arbitrum unlocked over 90 million ARB yesterday. Despite facing ongoing token unlock pressure, the ARB price has significantly risen recently and has maintained a high level over the past month.

According to DeFiprime, the Arbitrum Foundation opened the Stablecoin Growth Program on October 15 for protocols with stablecoin balances of no less than 1 million USD, requiring selected teams to designate USDG as their primary stablecoin on Arbitrum One. The plan sets a reward pool of 2 million ARB, with the top 10 teams that achieve a 30-day average balance of 10 million USD in USDG each eligible to receive up to 200,000 ARB (with a cap of 200,000 USD). The reward pool is valid until December 31, 2027, and each participant can only claim once. Selection is at the discretion of the foundation, and KYC/AML must be completed; the final agreement may include exclusive terms for protocols and tokens deployed exclusively on Arbitrum. As of October 17, the circulation of USDG on Arbitrum is approximately 33.6 million USD.

According to The Defiant, Safe announced the launch of the Safenet Aegis security network on Ethereum, Gnosis Chain, and Arbitrum. This is the first production-ready version of Safenet that can generate fees, previously approved for funding and launch by SafeDAO through the SEP 56 proposal. The network separates transaction verification from transaction authorization, providing transaction security verification for smart accounts like Safe multi-signature wallets.Safenet consists of three types of roles: Sentinel, responsible for checking transactions and staking USDC bonds, can earn verification fees paid in USDC; Validator, who secures the proof layer by staking SAFE, can earn SAFE rewards; Delegator can delegate SAFE to Validators and participate in staking rewards. Safenet Guard is responsible for executing proof results on-chain, with relevant protocol parameters governed by SafeDAO.The current Sentinel pool includes OpenCover, IntentGuard, BlockSec, and Candide, while the Validator pool includes Gnosis, Greenfield, Core Contributors, and Safe Labs. Safenet will subsequently integrate transaction verification into Safe Wallet, displaying verification results during the transaction review process and supporting access for other wallets built on Safe smart accounts.

AI insurance startup Harbor AI ended its stealth mode on October 14, announcing the completion of a $10 million seed round financing, led by Base10 Partners, AbstractVC, and 8vc, with participation from RestiveVC, NFX, iEndeavors, Kibo Ventures, DidacLee, MVP Ventures, and others.Harbor AI was co-founded by Elechi, Cristian, Luis, and another co-founder, positioning itself to provide insurance for the agent economy. The company believes that as AI agents take on responsibilities traditionally held by humans, the sources of risk are shifting from human decision-making to machine behavior. Its goal is to make such risks measurable, manageable, and insurable, thereby creating a new category of insurance.

Catherine Chen, the head of VIP and institutional business at Binance, stated in an interview with The Block during Token2049 that traditional hedge funds, which previously took a wait-and-see approach, are now showing a stronger interest due to the emergence of arbitrage opportunities related to traditional financial instruments such as cash stocks and perpetual contracts on crypto platforms.She pointed out that the improvement in market depth, combined with 24/7 trading and weekend price discovery mechanisms, makes these opportunities more realistic. She also mentioned that when the same tools are offered on second- and third-tier platforms or in DeFi venues, liquidity often falls short of hedge funds' needs. However, she emphasized that this process is still in its early stages and does not expect a surge in capital inflows overnight, with the next 12 to 18 months being worth close attention.Similar changes are happening on the other side of the market. Chen indicated that their crypto-native clients are incorporating more tools linked to traditional financial products to build hybrid investment portfolios. The data she cited showed that the scale of Binance's cash stock assets has increased from about $800 million to $900 million to $1.4 billion, while the trading volume of traditional financial perpetual contracts has risen from about $20 billion to $30 billion per month when launched at the beginning of this year to about $400 billion every 30 days. She believes that tokenization and cross-asset trading are still in their early stages, and regulatory clarity will determine the ultimate integration of traditional and crypto trading more than the product offerings of a single platform.