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Tether Freezes 161 Wallets Sanctioned by OFAC

Big Cap

Tether Freezes 161 Wallets Sanctioned by OFAC

In an effort to enhance security and prevent the misuse of USDT within the financial system, Tether has frozen 161 stablecoin wallets associated with individuals on the United States Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctions list. Tether freezes 161 wallets sanctioned by OFAC.

By Web3 Station 10 Dec 2023
Over $280 Million Liquidated in Morning Dump on 11/12

Big Cap

Over $280 Million Liquidated in Morning Dump on 11/12

The crypto market experienced significant volatility on the morning of December 11, resulting in a sharp increase in liquidated derivative positions. Volatility among leading cryptocurrencies at 09:50 AM on 11/12/2023. Image: Coin360 Around 09:10 AM on December 11, Bitcoin unexpectedly saw a major drop, plummeting from

By Web3 Station 10 Dec 2023
Ethereum (ETH) Supply Continues to Decline to New Lows Since The Merge

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Ethereum (ETH) Supply Continues to Decline to New Lows Since The Merge

The supply of Ethereum (ETH) has returned to its trajectory post The Merge, following two months of "reverse issuance". Ethereum (ETH) Supply Continues to Decline to New Lows Since The Merge. Image: CoinDesk According to data from Ultrasound.money, the supply of Ethereum (ETH) as of the morning

By Web3 Station 10 Dec 2023
AVAX Surges 60% This Week, Enters Top 10 Largest Cryptocurrencies by Market Cap

Big Cap

AVAX Surges 60% This Week, Enters Top 10 Largest Cryptocurrencies by Market Cap

The AVAX token of the Avalanche blockchain has surged to $38, becoming the 10th largest cryptocurrency by market capitalization. AVAX Surges 60% This Week, Enters Top 10 Largest Cryptocurrencies Over the weekend, the market witnessed a strong resurgence among several altcoins. Alongside layer-1 networks like Ethereum and Solana reaching their

By Web3 Station 10 Dec 2023
Pudgy Penguins Launches Pudgy World Game on zkSync Blockchain

NFT & GameFi

Pudgy Penguins Launches Pudgy World Game on zkSync Blockchain

Renowned NFT project Pudgy Penguins has announced the upcoming release of its web3 game titled Pudgy World, developed on the Layer-2 zkSync Era blockchain. Pudgy World Alpha, powered by @zksync, releasing Q1 of 2024. The beginning of a new era of blockchain-backed experiences, with the goal of onboarding millions, brought

By Web3 Station 10 Dec 2023
VanEck Investment Director Bullish on Immutable (IMX) Coin, Expects Top 25 Market Cap Position

Big Cap

VanEck Investment Director Bullish on Immutable (IMX) Coin, Expects Top 25 Market Cap Position

VanEck's Chief Investment Officer has expressed confidence in Immutable (IMX), expecting the coin to break into the top 25 in cryptocurrency market capitalization. Immutable (IMX) volatility due to VanEck's projections. Image: Immutable Website In a report published yesterday (08/12), VanEck's Chief Investment Officer

By Web3 Station 08 Dec 2023
Jito (JTO) Trading Volume Soars on First Day of Airdrop

DeFi

Jito (JTO) Trading Volume Soars on First Day of Airdrop

The trading volume for the staking project Jito's token (JTO) has surged to over $1.4 billion within the past 24 hours, amid the airdrop frenzy currently sweeping through the Solana ecosystem. The trading volume for JTO quickly hit the $1.4 billion mark just one day after

By Web3 Station 07 Dec 2023
Jito (JTO) Trading Volume Soars on First Day of Airdrop

DeFi

Jito (JTO) Trading Volume Soars on First Day of Airdrop

The trading volume for the staking project Jito's token (JTO) has surged to over $1.4 billion within the past 24 hours, amid the airdrop frenzy currently sweeping through the Solana ecosystem. The trading volume for JTO quickly hit the $1.4 billion mark just one day after

By Web3 Station 07 Dec 2023
Chainlink (LINK) Pool Staking v0.2 Officially Fills Up

Big Cap

Chainlink (LINK) Pool Staking v0.2 Officially Fills Up

In the first half-hour since its launch, over 11 million LINK tokens have already been transferred into staking for v0.2.\ Chainlink (LINK) Pool Staking v0.2 Officially Fills Up. Image: Viblo Within the initial 30 minutes, more than 11 million LINK tokens were staked on v0.2, and the

By Web3 Station 07 Dec 2023
ETH and SOL Simultaneously Reach 19-Month Highs

Big Cap

ETH and SOL Simultaneously Reach 19-Month Highs

While Bitcoin (BTC) shows signs of consolidation, layer-1 networks Ethereum (ETH) and Solana (SOL) are leading the upward momentum, both reaching new highs not seen since May 2022. ETH and SOL Simultaneously Reach 19-Month Highs Ethereum's Growth Boosts Layer-2 Optimism and Arbitrum In the past 24 hours, Ethereum

By Web3 Station 07 Dec 2023
Starknet to Distribute 1.8 Billion STRK Tokens for Airdrop and Transaction Fee Reduction

Big Cap

Starknet to Distribute 1.8 Billion STRK Tokens for Airdrop and Transaction Fee Reduction

On the evening of December 8th, 2023, Starknet Foundation, the organization behind the Ethereum layer-2 solution Starknet, officially announced plans to allocate 1.8 billion STRK tokens as rewards for an airdrop to its user community and for reducing transaction fees on the network. The token allocation process will be

By Web3 Station 07 Dec 2023
Sotheby's Auctions First Bitcoin Ordinals NFTs

NFT & GameFi

Sotheby's Auctions First Bitcoin Ordinals NFTs

Sotheby's has announced the auction of the first Bitcoin Ordinals collection, BitcoinShrooms, which is expected to fetch between $20,000 and $30,000 USD. According to the announcement by the auction house Sotheby's, the BitcoinShrooms collection will auction off three pixel art NFTs, including 2 mushroom

By Web3 Station 07 Dec 2023
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