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While Arbitrum’s governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth.  A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing “at a level higher” than before the airdrop. The daily active users, gas fees and transaction count maintained consistent higher
Municipals were steady to end the week, continuing their outperformance of U.S. Treasuries. Equities were down near the close. Triple-A scales were little changed, while UST yields rose eight to nine basis points on the short end. The two-year muni-Treasury ratio Friday was at 62%, the three-year at 65%, the five-year at 66%, the 10-year
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Boris Johnson, Britain’s former prime minister, has been condemned for lying to parliament over the Covid “partygate” scandal, in a damning report that casts doubt on whether he can ever stage a political comeback. The report by a cross-party committee of MPs published on Thursday is a searing indictment of Johnson’s conduct in high office,