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Crypto

Arbitrum Sees On-Chain Surge Amid Robinhood Chain Partnership

Guavy AI Editorial Team
Instruments
ARB
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Arbitrum (ARBIUSD) has seen a surge in on-chain activity following an announcement by Robinhood Chain. The protocol pledged to contribute 10% of its revenue to Arbitrum, sparking increased interest from investors.

According to reports, the Robinhood Chain apps generated approximately $2.66M daily, separate from the protocol's revenue. This influx of capital has led to a rise in on-chain activity for Arbitrum (ARBIUSD).

A warning has been issued regarding a fake GTA6 website that hosts a wallet-drainer targeting multiple networks, including Arbitrum (ARBIUSD). The site prompts users to approve transactions and contains code designed to drain Arbitrum wallets.

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