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ETH Whale Loses Over $24 Million to Phishing Scam

DeFi

ETH Whale Loses Over $24 Million to Phishing Scam

Incident Overview In the early hours of September 7, 2023, a whale wallet with the address 0x13e3 lost $24.23 million due to a phishing attack. The victim's funds were drained during transactions involving stETH and rETH, possibly after clicking on a phishing link. Transaction Details According to

By Web3 Station 06 Sep 2023
Stablecoin USDC Supported on Optimism and Base

Big Cap

Stablecoin USDC Supported on Optimism and Base

Optimism and Base are among the six blockchains Circle has committed to supporting USDC on in the coming period, aiming to boost the market cap utility of USDC. Stablecoin USDC Supported on Optimism and Base. Image: Circle On the evening of September 6th, stablecoin issuer Circle announced it had begun

By Web3 Station 05 Sep 2023
Tether Holds the 22nd Largest US Treasury Bond Holdings Globally

Big Cap

Tether Holds the 22nd Largest US Treasury Bond Holdings Globally

Despite its significant holdings of US Treasury bonds as part of the USDT reserve, Tether is considered the 22nd largest "whale" of this asset class globally. Tether Holds the 22nd Largest US Treasury Bond Holdings According to a post by Chief Technology Officer Paolo Ardoino, Tether currently holds

By Web3 Station 05 Sep 2023
Solana's Active Wallet Addresses Drop to Three-Year Low Despite Positive Developments

Big Cap

Solana's Active Wallet Addresses Drop to Three-Year Low Despite Positive Developments

Despite recent positive news, activity on the Solana blockchain continues to yield pessimistic results. Solana's Active Wallet Addresses Drop to Three-Year Low. Image: The Block Crypto According to data from The Block, the average number of active wallets on the Solana blockchain over a 7-day period as of

By Web3 Station 05 Sep 2023
Researcher Suggests Buying ETH Over BTC Ahead of Potential SEC ETF Approval

Big Cap

Researcher Suggests Buying ETH Over BTC Ahead of Potential SEC ETF Approval

Analysts are increasingly optimistic about the SEC's approval of Ethereum ETF futures registrations. Researcher Suggests Buying ETH Over BTC Ahead of Potential SEC ETF Approval According to crypto market analysis firm K33 Research, Ethereum (ETH) may experience superior growth compared to Bitcoin (BTC) following the Securities and Exchange

By Web3 Station 05 Sep 2023
FDUSD Market Cap Surges 51% in 30 Days, Nearing Top 10 Stablecoins

Big Cap

FDUSD Market Cap Surges 51% in 30 Days, Nearing Top 10 Stablecoins

Following Binance's preference after BUSD's decline, the market capitalization of FDUSD continues to soar. However, its reliance on a CEX and lack of on-chain presence have left the community somewhat skeptical about this stablecoin. FDUSD Market Cap Surges 51% in 30 Days, Nearing Top 10 Stablecoins

By Web3 Station 05 Sep 2023
Layer-2 Base Experiences First Outage Since Mainnet Launch

DeFi

Layer-2 Base Experiences First Outage Since Mainnet Launch

Incident Overview Base, the layer-2 solution from Coinbase, halted transaction processing for over 45 minutes on the evening of September 5, 2023. Details of the Incident In the early hours of September 6, 2023 (Vietnam time), crypto users noticed that no new blocks were confirmed on Base for nearly an

By Web3 Station 05 Sep 2023
Casio Launches G-SHOCK NFT on Polygon

NFT & GameFi

Casio Launches G-SHOCK NFT on Polygon

Japanese consumer electronics giant Casio has teamed up with Polygon Labs to release its iconic G-SHOCK watch as an NFT on the Polygon blockchain. Casio's G-SHOCK NFT Collection Leveraging Polygon's low gas fees and high transaction speeds, Casio will mint NFTs on this platform, starting with

By Web3 Station 05 Sep 2023
Krafton Unveils Settlus Blockchain on Cosmos

NFT & GameFi

Krafton Unveils Settlus Blockchain on Cosmos

Krafton, the company behind the renowned battle royale game PUBG, has announced the launch of its new blockchain, Settlus, built on the Cosmos network. The platform is set to debut in 2023 and will support the metaverse game "Migaloo." Krafton's Blockchain Launch On September 4, 2023,

By Web3 Station 05 Sep 2023
Lido Finance to Cease Support for Solana Without Funding Agreement

Big Cap

Lido Finance to Cease Support for Solana Without Funding Agreement

The team behind the DeFi protocol Lido on Solana is considering halting operations if a funding agreement cannot be reached. Lido Finance to Cease Support for Solana Without Funding Agreement According to a proposal on September 4th, the Lido team on Solana P2P has requested $1.5 million in funding

By Web3 Station 04 Sep 2023
Vitalik Buterin: Ethereum's Biggest Risk May Take 20 Years to Fully Resolve

Big Cap

Vitalik Buterin: Ethereum's Biggest Risk May Take 20 Years to Fully Resolve

Ethereum co-founder Vitalik Buterin emphasizes the importance of decentralizing nodes to achieve the highest level of decentralization for the Ethereum network. However, he acknowledges that this cannot be solved overnight... Vitalik Buterin: Ethereum's Biggest Risk May Take 20 Years to Fully Resolve Korea Blockchain Week is currently underway

By Web3 Station 04 Sep 2023
Nima Capital Accused of "Breach of Trust," Dumps Large Amount of SYN

DeFi

Nima Capital Accused of "Breach of Trust," Dumps Large Amount of SYN

The crypto community is buzzing about unusual transactions involving the SYN token from the cross-chain bridge Synapse. Nima Capital Accused of Dumping SYN On the morning of September 5th, several members of the crypto community on X (formerly Twitter) noticed two transactions that sold 9 million Synapse (SYN) through the

By Web3 Station 04 Sep 2023
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