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Mixin Proposes $20 Million Bug Bounty to Hacker

DeFi

Mixin Proposes $20 Million Bug Bounty to Hacker

Introduction Mixin Network, a cross-chain project that recently reported an exploit threatening losses of up to $200 million, has sent an on-chain message to the attacker, proposing a $20 million bug bounty if they return the stolen funds. Key Points * On-Chain Message to Attacker: Mixin Network has sent a message

By Web3 Station 26 Sep 2023
SEC Delays ARK Invest's Bitcoin ETF Proposal to January 2024

Big Cap

SEC Delays ARK Invest's Bitcoin ETF Proposal to January 2024

The U.S. Securities and Exchange Commission (SEC) has decided to postpone ARK Invest's Bitcoin ETF proposal to early 2024. SEC Delays ARK Invest's Bitcoin ETF Proposal to January 2024 In its latest ruling, the U.S. Securities and Exchange Commission (SEC) has extended the decision

By Web3 Station 26 Sep 2023
Ethereum Surpasses $10 Billion in Revenue Ahead of Major Corporations

Big Cap

Ethereum Surpasses $10 Billion in Revenue Ahead of Major Corporations

Ethereum, the world's leading smart contract platform, has shown exceptional growth outpacing both Meta and Microsoft. Ethereum Achieves $10 Billion in Revenue Ahead of Major Corporations. Photo: Nasdaq As the second-largest blockchain network globally, Ethereum has generated over $10 billion in revenue since its launch in 2015. This

By Web3 Station 26 Sep 2023
Trader Joe Proposes $1.8 Million Funding from Arbitrum

DeFi

Trader Joe Proposes $1.8 Million Funding from Arbitrum

Trader Joe, the largest DEX on Avalanche, has recently submitted a funding proposal worth $1.83 million in ARB to Arbitrum DAO. The proposal outlines the allocation of the grant for the following purposes: * Supporting Arbitrum developers * Supporting multi-chain developers compatible with Arbitrum * Attracting new developers to the Arbitrum ecosystem

By Web3 Station 25 Sep 2023
MicroStrategy Buys $147 Million in Bitcoin

Big Cap

MicroStrategy Buys $147 Million in Bitcoin

MicroStrategy, led by billionaire Michael Saylor, has announced its latest Bitcoin purchase, totaling a substantial "9 figures." Specifically, on September 25, MicroStrategy allocated $147.3 million to acquire 5,445 Bitcoins, with an average purchase price of $27,053 per BTC. This acquisition increases MicroStrategy's total

By Web3 Station 25 Sep 2023
Optimism Prepares to Release $30 Million in Tokens

Big Cap

Optimism Prepares to Release $30 Million in Tokens

Following scheduled plans, Optimism's OP Mainnet is set to release 24.16 million OP tokens on September 30, equivalent to 3% of its circulating supply, valued at approximately $30 million USD. Out of this total, around $16 million worth of tokens will be allocated to project contributors, with

By Web3 Station 25 Sep 2023
Celestia Announces Airdrop of 60 Million TIA Tokens

Big Cap

Celestia Announces Airdrop of 60 Million TIA Tokens

After a relatively quiet period, Celestia has unexpectedly announced an airdrop of TIA tokens for developers and early contributors. Celestia Announces Airdrop of 60 Million TIA Tokens In an announcement on the evening of September 26, approximately 7,579 developers and 576,653 on-chain wallet addresses are eligible to receive

By Web3 Station 25 Sep 2023
OpenSea Exposes User Data

NFT & GameFi

OpenSea Exposes User Data

A third-party provider of OpenSea has experienced a security breach that exposed users' API keys. OpenSea Exposes User Data Image: CryptoSlate The leading NFT marketplace, OpenSea, has issued a warning and is urging users to change their API keys immediately following a security breach from a third party. The

By Web3 Station 25 Sep 2023
Analysis: Why CRV and CREAM Prices Pumped on 24/09/2023

DeFi

Analysis: Why CRV and CREAM Prices Pumped on 24/09/2023

CRV Price Pump: Whale Accumulation On 13/09, the price of CRV fell below $0.4, reaching $0.38, a level lower than the OTC price at which founder Michael Egorov sold to maintain his loan positions. This led investors to fear a potential sell-off by the funds that purchased

By Web3 Station 24 Sep 2023
Mixin Hack Results in $200 Million Loss, CEO Claims "Half" of User Assets Unaffected

DeFi

Mixin Hack Results in $200 Million Loss, CEO Claims "Half" of User Assets Unaffected

Mixin Hacked, Losses Estimated at $200 Million Update as of the afternoon of 25/09/2023: In a recent AMA, Mixin founder Feng Xiaodong stated: "Regardless of whether your assets are Bitcoin or Ethereum, we guarantee that half of them are not affected by the hack. We are trying

By Web3 Station 24 Sep 2023
Community Votes to Cease USTC Issuance: Terra Classic Initiative

Big Cap

Community Votes to Cease USTC Issuance: Terra Classic Initiative

Terra Classic community has voted to halt the minting of USTC, the algorithmic stablecoin that contributed to the collapse of the Terra ecosystem last year. Through a recent vote, the LUNA community decided to cease the issuance and re-issuance of Terra Classic USD (USTC), following the controversial collapse of Do

By Web3 Station 24 Sep 2023
Arkham Reveals Coinbase's $25 Billion Bitcoin Wallet Cluster, Comparable to Satoshi's Holdings

Big Cap

Arkham Reveals Coinbase's $25 Billion Bitcoin Wallet Cluster, Comparable to Satoshi's Holdings

In a late-night post on X (formerly Twitter) on September 22, 2023 (Vietnam time), on-chain data platform Arkham disclosed its identification of the Bitcoin wallet cluster belonging to the Coinbase exchange. The wallet cluster currently holds a staggering 1 million BTC, valued at $25 billion. This amount equates to 5%

By Web3 Station 22 Sep 2023
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