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Disney Partners with Dapper Labs to Launch NFT Platform on Flow Blockchain

NFT & GameFi

Disney Partners with Dapper Labs to Launch NFT Platform on Flow Blockchain

A new NFT platform called Disney Pinnacle will digitalize Disney's vast universe of animated characters and superheroes into the world of NFTs. On the evening of November 14, 2023, it was announced that the world's largest entertainment conglomerate, Disney, has partnered with Dapper Labs, the developer

By Web3 Station 14 Nov 2023
Founding Team of Opyn Resigns Amid Legal Pressures from CFTC

DeFi

Founding Team of Opyn Resigns Amid Legal Pressures from CFTC

Introduction The founding team of Opyn, a prominent DeFi protocol, has announced their resignation following increased legal pressures from the Commodity Futures Trading Commission (CFTC). CEO's Announcement CEO Zubin Koticha announced on his personal X account that he and co-founder Alexis Gauba have decided to leave the cryptocurrency

By Web3 Station 13 Nov 2023
Ripple (XRP) Falsely Linked to BlackRock ETF, Sees 15% Price Swing

Big Cap

Ripple (XRP) Falsely Linked to BlackRock ETF, Sees 15% Price Swing

Ripple's XRP has experienced volatility, swinging up to 15% due to false rumors linking it to a BlackRock ETF registration. Ripple (XRP) Falsely Linked to BlackRock ETF Early morning on November 14th, the crypto community was abuzz with rumors that Wall Street giant BlackRock was planning to register

By Web3 Station 13 Nov 2023
Market Cap of Tether (USDT) Increases by 4 Billion USD in 3 Weeks

Big Cap

Market Cap of Tether (USDT) Increases by 4 Billion USD in 3 Weeks

Tether (USDT), the leading stablecoin in the cryptocurrency market, continues to strengthen its position amid the current surge by issuing an additional 4 billion USDT in less than a month. Accordingly, after lingering around a market cap of 83 billion USD for nearly 5 months, the circulating supply of Tether

By Web3 Station 13 Nov 2023
Aave Resumes Operations, Ensures No User Funds Were Lost

DeFi

Aave Resumes Operations, Ensures No User Funds Were Lost

Full Functionality Restored On November 13, Aave announced the full restoration of services for its V2 and V3 versions. The protocol had to temporarily suspend certain lending services on November 5 due to a significant issue. Now, the Aave DAO has approved the resumption of these services across Ethereum (V2)

By Web3 Station 12 Nov 2023
Bitcoin Mining Difficulty Hits New Record High, Rises for 5 Consecutive Cycles

Big Cap

Bitcoin Mining Difficulty Hits New Record High, Rises for 5 Consecutive Cycles

Bitcoin's algorithmic mining difficulty continues to climb, with nearly six months remaining until the next halving event. Bitcoin Mining Difficulty Hits New Record High, Rises for 5 Consecutive Cycles. Photo: Bloomberg In the latest adjustment on the morning of November 13th, Bitcoin's mining algorithm difficulty surged

By Web3 Station 12 Nov 2023
Raft Hacked, Losing $3.3 Million and Causing Stablecoin R to Depeg

DeFi

Raft Hacked, Losing $3.3 Million and Causing Stablecoin R to Depeg

Incident Details On the night of November 10, DeFi platform Raft was hacked, resulting in the loss of $3.3 million worth of Ethereum (ETH). Interestingly, the hacker seems to have incurred a loss with the stolen funds. The Hack and Its Aftermath On-Chain Analysis: Data reveals that the attacker

By Web3 Station 10 Nov 2023
Unable to Hold Anymore, 0xSifu "Reluctantly" Closes Short ETH Position with Nearly $2.4 Million Loss

Big Cap

Unable to Hold Anymore, 0xSifu "Reluctantly" Closes Short ETH Position with Nearly $2.4 Million Loss

The market has surged strongly, forcing leveraged traders to cut losses or face liquidation. The prominent short position on ETH by 0xSifu found itself in a similar situation, and its owner was compelled to reluctantly cut losses amounting to nearly $2.4 million USD. Unable to Hold Anymore, 0xSifu "

By Web3 Station 10 Nov 2023
BlackRock Confirms Launch of Ethereum Spot ETF, ETH Skyrockets to 6-Month High

Big Cap

BlackRock Confirms Launch of Ethereum Spot ETF, ETH Skyrockets to 6-Month High

Financial giant BlackRock has confirmed earlier rumors regarding the launch of an Ethereum spot ETF, causing a sharp increase in ETH price. BlackRock confirms the launch of Ethereum spot ETF. Photo: Bloomberg On the evening of November 9, the cryptocurrency community was abuzz with news that BlackRock is preparing to

By Web3 Station 09 Nov 2023
One-Year Anniversary of FTX "Disaster", Bitcoin and Ethereum Simultaneously Hit 2023 Highs

Big Cap

One-Year Anniversary of FTX "Disaster", Bitcoin and Ethereum Simultaneously Hit 2023 Highs

The cryptocurrency market, led by Bitcoin and Ethereum, has seen a strong surge in the past 24 hours, driven by optimism surrounding ETF prospects. Cryptocurrency market volatility led by Bitcoin and Ethereum on November 10, 2023. Source: Coin360 Exactly one year after Binance announced the cancellation of the FTX acquisition

By Web3 Station 09 Nov 2023
Chainlink (LINK) Launches Staking v0.2

Big Cap

Chainlink (LINK) Launches Staking v0.2

Leading oracle solution Chainlink (LINK) has officially rolled out Staking v0.2, expanding the scale of its staking pool and introducing several new enhancements. Chainlink Launches Staking v0.2, Distributing Over 40 Million LINK in Rewards to the Community As scheduled, Staking v0.2 is set to enter General Access

By Web3 Station 09 Nov 2023
Near Foundation Collaborates with Eigen Labs to Address Liquidity Challenges on Layer-2

Big Cap

Near Foundation Collaborates with Eigen Labs to Address Liquidity Challenges on Layer-2

Near Foundation has announced a collaboration with Eigen Labs, the developer behind the Restaking EigenLayer protocol, to tackle liquidity challenges on Layer-2. Near Foundation Collaborates with Eigen Labs to Address Liquidity Challenges on Layer-2 This partnership aims to reduce transaction costs on Ethereum. Transactions are expected to complete within 3-4

By Web3 Station 09 Nov 2023
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