Ethereum second layer (L2) scaling solution ArbitrumIt was observed that no new blocks had been produced for approximately 1 hour.
While investors made statements about the collapse of Arbitrum, there was no statement from Arbitrum regarding the incident.
Ummm… is @arbitrum working atm? pic.twitter.com/aJpPFLFH81
— jaimin.jaimin (@Jaimin_Building) December 15, 2023
As Bitcoin fell below $42,000, altcoins also retreated, while the decline in ARB reached 4%.
ARB Volatility may increase depending on the news flow in the coming hours.
The news will be updated when more details become available.
*This is not investment advice.
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