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Sei Introduces V2 Compatible with EVM Virtual Machine System

Big Cap

Sei Introduces V2 Compatible with EVM Virtual Machine System

Blockchain Layer-1 Sei will support compatibility with the Ethereum Virtual Machine (EVM) in its upcoming V2 update. Sei Introduces V2 Compatible with EVM Virtual Machine System Sei to support EVM To facilitate the development of Ethereum-compatible smart contracts, Sei V2 will integrate Geth, a popular client software within the EVM

By Web3 Station 29 Nov 2023
Binance Officially Removes BUSD Stablecoin Starting December 15

Big Cap

Binance Officially Removes BUSD Stablecoin Starting December 15

Binance is set to "execute" its stablecoin BUSD in the coming days, after nearly a year under scrutiny by U.S. authorities. Binance Officially Removes BUSD Stablecoin Starting December 15. Photo: Shutterstock Binance will officially cease support for BUSD starting December 15, following the issuer Paxos being forced

By Web3 Station 29 Nov 2023
Someone Quietly Accumulated $424 Million in Bitcoin Over the Past 3 Weeks

Big Cap

Someone Quietly Accumulated $424 Million in Bitcoin Over the Past 3 Weeks

A wallet address has been consistently buying Bitcoin (BTC) for several weeks, sparking intrigue within the community. Someone Quietly Accumulated $424 Million in Bitcoin Over the Past 3 Weeks. Photo: SchiffGold According to data from Bitinfocharts, the owner of an anonymous wallet has spent $427 million to acquire 11,269

By Web3 Station 29 Nov 2023
TerraClassicUSD (USTC) Surges 310% Following Binance Futures Contract Launch

Big Cap

TerraClassicUSD (USTC) Surges 310% Following Binance Futures Contract Launch

Algorithmic stablecoin USTC, a remnant of the collapsed Terra ecosystem, is on a path to recovery with a more than 300% increase after being listed on Binance Futures USDⓈ-M contracts. TerraClassicUSD (USTC) Surges 310% Following Binance Futures Contract Launch According to price data from CoinMarketCap, USTC-LUNC (formerly UST-LUNA) from

By Web3 Station 29 Nov 2023
Maple Finance Partners with Circle to Boost USDC Adoption

DeFi

Maple Finance Partners with Circle to Boost USDC Adoption

Maple Finance (MPL), a pioneering project in integrating traditional financial concepts into DeFi, announced on November 28, 2023, its collaboration with Circle to enhance the adoption of the USDC stablecoin through secured lending pools. In an announcement on November 28, 2023, Maple Finance (MPL), a project known for integrating traditional

By Web3 Station 28 Nov 2023
dYdX Chain Launches $20 Million Incentive Program for Early Users

DeFi

dYdX Chain Launches $20 Million Incentive Program for Early Users

dYdX Chain, the layer-1 blockchain on Cosmos by the namesake DEX, has completed its mainnet launch and is kicking off a $20 million "Incentive Program." After a successful voting process, dYdX has transitioned from beta to the official mainnet as of November 28. Traders can now start earning

By Web3 Station 28 Nov 2023
Two Major DEXs on Optimism and Base Suffer Front-End Attacks

DeFi

Two Major DEXs on Optimism and Base Suffer Front-End Attacks

Both Velodrome and Aerodrome have confirmed the incidents, with on-chain detective ZachXBT identifying the attacker's wallet address, initially linked to over $70,000 in losses. Update on 02/12/2023: By the morning of December 2nd, Velodrome and Aerodrome announced that their front-ends had been attacked again, advising

By Web3 Station 28 Nov 2023
Bitcoin (BTC) Profitability Reaches Highest Levels Since November 2021

Big Cap

Bitcoin (BTC) Profitability Reaches Highest Levels Since November 2021

Recent statistics indicate that the amount of Bitcoin (BTC) currently in profit has reached its highest levels in several years. Bitcoin in Profit Reaches Record High Since November 2021. Image: VnEconomy Record Bitcoin Profitability The amount of Bitcoin currently in profit has surpassed 16.3 million BTC, equivalent to 83.

By Web3 Station 27 Nov 2023
Transaction Volume on Leading EVM Chains Surges Over 1,000%

Big Cap

Transaction Volume on Leading EVM Chains Surges Over 1,000%

Transaction volumes on several Ethereum Virtual Machine (EVM) compatible chains such as Avalanche, Celo, Fantom, BNB Chain, and Polygon have experienced significant surges since mid-November. Transaction Volume on Leading EVM Chains Surges Over 1,000%. Image: fiizon According to data from The Block, transaction volumes on EVM-compatible blockchains like Avalanche,

By Web3 Station 27 Nov 2023
Tornado Cash (TORN) Plummets After Binance Delisting Announcement

Big Cap

Tornado Cash (TORN) Plummets After Binance Delisting Announcement

After Binance exchange announced the delisting of Tornado Cash (TORN), the token plummeted over 55%. Tornado Cash (TORN) Plummets After Binance Delisting Announcement Image: Reuters As reported by Coin68, Binance will officially delist projects including Tornado Cash (TORN), BitShares (BTS), PERLeco (PERL), and Waltonchain (WTC) effective December 7th, 2023, citing

By Web3 Station 27 Nov 2023
Jito Sol Announces Retroactive Airdrop for Early Users

DeFi

Jito Sol Announces Retroactive Airdrop for Early Users

Jito, the staking platform on Solana, has launched its token JTO, offering retroactive airdrop rewards to early supporters of the product. With the launch of the JTO token, users can participate in voting on changes to StakeNet parameters, manage reserve funds, and oversee revenue generated from JitoSOL. 3. Empowering Community

By Web3 Station 27 Nov 2023
Azuki DAO Rebrands, Transitions into a Memecoin Project

NFT & GameFi

Azuki DAO Rebrands, Transitions into a Memecoin Project

Azuki DAO has rebranded as "Bean" following its withdrawal of legal action against the project's founder, Zagabond. Azuki DAO Transforms into a Memecoin Project. Source: Zipmex According to the announcement, the DAO will officially pivot to a memecoin project and become part of the emerging and

By Web3 Station 27 Nov 2023
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