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Magic Eden and Yuga Labs Launch New Ethereum NFT Marketplace

NFT & GameFi

Magic Eden and Yuga Labs Launch New Ethereum NFT Marketplace

Magic Eden is teaming up with Yuga Labs to develop a new marketplace exclusively for Ethereum NFTs. Magic Eden and Yuga Labs Launch New Ethereum NFT Marketplace Image: Coin Academy Magic Eden, a prominent NFT marketplace on the Solana network, is collaborating with Yuga Labs, the company behind renowned collections

By Web3 Station 06 Nov 2023
Many BAYC NFT Investors Face Eye Issues After Yuga Labs' Event

NFT & GameFi

Many BAYC NFT Investors Face Eye Issues After Yuga Labs' Event

Several attendees of ApeFest over the past weekend reported eye problems such as burns and corneal inflammation, prompting them to seek medical help at hospitals. NFT Users Hospitalized After Yuga Labs' Event ApeFest, an event organized by Yuga Labs, the $4 billion startup behind Bored Ape Yacht Club (BAYC)

By Web3 Station 06 Nov 2023
Whale Wallet Moves $244 Million Worth of Bitcoin to Exchange

Big Cap

Whale Wallet Moves $244 Million Worth of Bitcoin to Exchange

This whale wallet was previously owned by the 14th largest Bitcoin (BTC) holder as of March this year, with holdings totaling 46,500 coins. Whale Wallet Moves $244 Million Worth of Bitcoin to Exchange. Image: Bitcoin.com News A Bitcoin whale has deposited 7,000 Bitcoins, worth approximately $244 million,

By Web3 Station 05 Nov 2023
Arbitrum Votes to Reward Staking for Locked ARB Users

Big Cap

Arbitrum Votes to Reward Staking for Locked ARB Users

Arbitrum DAO has announced a successful vote to reward staking for users who lock ARB tokens. The proposal has now reached its conclusion as of the evening of November 6, although the voting dynamics remained tense. Arbitrum Votes to Reward Staking for Locked ARB Users Updated as of November 6,

By Web3 Station 05 Nov 2023
Aave Experiences Critical Error, Freezes Certain Features and Assets

DeFi

Aave Experiences Critical Error, Freezes Certain Features and Assets

In the early hours of November 5th, the lending platform Aave announced a critical bug in its V2 and V3 products, necessitating the temporary suspension of several features and services. Incident Details Cause: * The exact cause of the issue has not been disclosed. Aave stated that they received a report

By Web3 Station 04 Nov 2023
OpenSea Cuts 50% of Its Workforce

NFT & GameFi

OpenSea Cuts 50% of Its Workforce

In response to a challenging business environment, leading NFT marketplace OpenSea has recently announced a strategic shift, including a 50% reduction in its workforce. OpenSea Cuts 50% of Its Workforce According to CEO Devin Finzer on X (Twitter), OpenSea is undergoing a major overhaul to focus on a smaller team

By Web3 Station 04 Nov 2023
NFT Trading Volume Increases by 32% in October, First Positive Growth of the Year

NFT & GameFi

NFT Trading Volume Increases by 32% in October, First Positive Growth of the Year

After several months of declining volume, October has shown a resurgence in the NFT market. NFT Trading Volume Increases by 32% in October, First Positive Growth of the Year According to data from DappRadar, the NFT trading volume in October increased by $99 million compared to the previous month, marking

By Web3 Station 04 Nov 2023
Lido Approves Proposal to Test Distributed Validator Technology (DVT)

DeFi

Lido Approves Proposal to Test Distributed Validator Technology (DVT)

On November 3rd, Lido Finance passed several notable proposals, with the most intriguing being the approval to test Distributed Validator Technology (DVT). Details of the Proposal Announcement: * Lido Finance's official X (formerly Twitter) account encouraged users to participate in the voting for four key proposals before the deadline

By Web3 Station 03 Nov 2023
The Sandbox Launches $35 Million Fund for Game Development Projects

NFT & GameFi

The Sandbox Launches $35 Million Fund for Game Development Projects

Alongside a new fund, The Sandbox is also planning to become an open content publishing platform for creators and release Game Maker version 0.9. The Sandbox Launches $35 Million Fund for Game Development Projects At The Sandbox's Creators Day event held on November 3, 2023, in Hong

By Web3 Station 03 Nov 2023
ProShares Launches First Short Ethereum ETF in the U.S.

Big Cap

ProShares Launches First Short Ethereum ETF in the U.S.

ProShares has introduced the ProShares Short Ether Strategy ETF (SETH), the world's first short Ethereum ETF, offering investors increased profit opportunities when ETH prices decline. ProShares Launches First Short Ethereum ETF in the U.S. Image: U Today Last night (11/02), asset manager ProShares launched the ProShares

By Web3 Station 02 Nov 2023
MicroStrategy Buys an Additional $5.3 Million in Bitcoin, Bitcoin Holdings Yield $900 Million in Profits

Big Cap

MicroStrategy Buys an Additional $5.3 Million in Bitcoin, Bitcoin Holdings Yield $900 Million in Profits

MicroStrategy is reaping $900 million in profits from its massive Bitcoin treasury thanks to the "Uptober" of the world's largest cryptocurrency. MicroStrategy Buys an Additional $5.3 Million in Bitcoin, Bitcoin Holdings Yield $900 Million in Profits In the early hours of November 2nd, CEO Michael

By Web3 Station 01 Nov 2023
NEAR Price Skyrockets Following Partnership Announcement with Nym, Ahead of Nearcon

Big Cap

NEAR Price Skyrockets Following Partnership Announcement with Nym, Ahead of Nearcon

NEAR Protocol has experienced a significant price surge after the Near Foundation announced a partnership with infrastructure security startup Nym Technologies. NEAR Price Soars After Partnership Announcement with Nym, Ahead of Nearcon. Photo: Nym Last night (November 1st), NEAR Protocol officially announced its collaboration with Nym Technologies, a project focused

By Web3 Station 01 Nov 2023
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