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Insight: The World Becomes More Unstable, Bitcoin Gains Value

Big Cap

Insight: The World Becomes More Unstable, Bitcoin Gains Value

Amidst global turmoil and unpredictable shifts, the value of Bitcoin has become increasingly apparent and highly regarded by many analysts. Insight: The World Becomes More Unstable, Bitcoin Gains Value. Image: Pinterest Bitcoin Thrives as the World Relies More on USD The escalation of macroeconomic conditions coupled with geopolitical instability highlights

By Web3 Station 15 Oct 2023
FTX Stakes 5.5 Million SOL Tokens

Big Cap

FTX Stakes 5.5 Million SOL Tokens

FTX Estate has made significant moves in staking millions of dollars worth of ETH and SOL tokens two days ago. FTX Stakes 5.5 Million SOL Tokens. Image: Decrypt FTX Estate has initiated staking for over 5.5 million Solana (SOL) tokens, valued at approximately $122 million, and more than

By Web3 Station 15 Oct 2023
Binance Burns Over $450 Million in 25th Quarterly BNB Burn

Big Cap

Binance Burns Over $450 Million in 25th Quarterly BNB Burn

Binance Exchange has completed its 25th quarterly BNB burn, removing over $450 million worth of BNB from circulation. Binance Burns Over $450 Million in 25th Quarterly BNB Burn On the afternoon of October 16, 2023, according to Vietnam time, Binance announced the completion of its 25th quarterly BNB burn. #Binance

By Web3 Station 15 Oct 2023
Bitcoin "Virtual Pump" to $30,000 Due to Fake News of SEC Approval of BlackRock's Bitcoin Spot ETF Proposal

Big Cap

Bitcoin "Virtual Pump" to $30,000 Due to Fake News of SEC Approval of BlackRock's Bitcoin Spot ETF Proposal

Twitter (X) exploded on the evening of October 16 with rumors of the SEC approving BlackRock's iShares Bitcoin ETF proposal. Bitcoin "Virtual Pump" to $30,000 Due to Fake News of SEC Approval of BlackRock's Bitcoin Spot ETF Proposal The information was initially shared

By Web3 Station 15 Oct 2023
Lido Finance Announces Service Updates Including Ceasing Operations on Solana

DeFi

Lido Finance Announces Service Updates Including Ceasing Operations on Solana

Lido Finance to Cease Services on Solana In its latest announcement, the liquid staking protocol Lido Finance has stated that it will cease offering services on the Solana blockchain. Key Details In a blog post dated October 16, Lido Finance revealed that while users will still earn staking rewards on

By Web3 Station 15 Oct 2023
Binance Lists BIGTIME - GameFi Token Surges 400% in 48 Hours

NFT & GameFi

Binance Lists BIGTIME - GameFi Token Surges 400% in 48 Hours

In less than 48 hours since its debut, BIGTIME has been listed for spot trading on major exchanges, including Coinbase, OKX, MEXC, and most recently, futures trading on Binance. Binance Lists BIGTIME - GameFi Token Surges 400% in 48 Hours According to Wu Blockchain, on the evening of October 12,

By Web3 Station 13 Oct 2023
Trader Swaps 131,350 USDR for 0 USDC

DeFi

Trader Swaps 131,350 USDR for 0 USDC

Trader Swaps 131,350 USDR for 0 USDC During the panic of USDR's severe depeg on the evening of 11/10, a trader unfortunately swapped 131,350 USDR but received 0 USDC in return. Incident Overview On 12/10, the crypto community discovered that a trader had swapped

By Web3 Station 12 Oct 2023
29 Projects Receive Funding from Arbitrum Foundation

DeFi

29 Projects Receive Funding from Arbitrum Foundation

As previously reported by Coin68, the community voting round for projects applying for funding from the Arbitrum Foundation has concluded. A budget of 50 million ARB will be awarded to 29 projects that met the quorum of 71.51 million ARB and received over 50% approval votes. List of Funded

By Web3 Station 12 Oct 2023
Pendle Receives 2 Million ARB Grant from Arbitrum

DeFi

Pendle Receives 2 Million ARB Grant from Arbitrum

The Arbitrum Short-Term Incentives Program (STIP) is an initiative organized by the Arbitrum DAO to stimulate liquidity across its ecosystem. As previously reported by Coin68, a budget of 50 million ARB will be allocated to 29 projects that met the quorum of 71.51 million ARB and received more than

By Web3 Station 12 Oct 2023
Bitcoin Soars to $18,300 Ahead of U.S. CPI Data for December 2022

Big Cap

Bitcoin Soars to $18,300 Ahead of U.S. CPI Data for December 2022

Bitcoin and the broader crypto market have seen a significant rebound as the U.S. prepares to release its Consumer Price Index (CPI) data, a key indicator of inflation for the world’s largest economy. Price Movements of Major Cryptos as of 08:45 AM on January 12, 2023. Source:

By Web3 Station 11 Oct 2023
Avalanche Partners with Amazon Web Services – AVAX Experiences "Crazy" Surge

Big Cap

Avalanche Partners with Amazon Web Services – AVAX Experiences "Crazy" Surge

Avalanche becomes the first blockchain to forge a partnership with Amazon’s cloud computing platform. On January 11, both parties announced that Amazon Web Services (AWS) has officially partnered with Ava Labs, the team behind Avalanche, to promote and scale blockchain technology applications across businesses, organizations, and governments. It’s

By Web3 Station 11 Oct 2023
Real USD (USDR), a Real Estate-Backed Stablecoin, Depegs 50%

DeFi

Real USD (USDR), a Real Estate-Backed Stablecoin, Depegs 50%

Real USD (USDR), Backed by Real Estate, Depegs 50% Amidst Mass Withdrawals On the evening of October 11, 2023, Real USD (USDR), a stablecoin issued by TangibleDAO and backed by real estate assets, experienced a significant depeg, losing nearly 50% of its value. According to TangibleDAO's website, USDR

By Web3 Station 11 Oct 2023
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