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OpenSea Disables Creator Royalty Fee Tool Operator Filter

NFT & GameFi

OpenSea Disables Creator Royalty Fee Tool Operator Filter

Under increasing competitive pressure from rivals like Blur, the leading NFT marketplace OpenSea has announced a significant adjustment to its creator royalty fee structure. OpenSea Disables Operator Filter for Creator Royalties According to the latest update, OpenSea has announced that it will disable the Operator Filter, a tool introduced in

By Web3 Station 18 Aug 2023
SpaceX Sells $373 Million in Bitcoin, BTC Price Plummets to $25,166

Big Cap

SpaceX Sells $373 Million in Bitcoin, BTC Price Plummets to $25,166

Bitcoin faced a significant sell-off following news that Elon Musk's aerospace company, SpaceX, liquidated $373 million worth of Bitcoin. According to the Wall Street Journal, this information was gleaned from confidential financial documents detailing SpaceX's activities in 2022 and 2021. However, specifics such as the timing

By Web3 Station 17 Aug 2023
SEC Likely to Approve Ethereum Futures ETF Proposals

Big Cap

SEC Likely to Approve Ethereum Futures ETF Proposals

Shortly after the early morning crypto market dump on August 18, the market swiftly rebounded following news that the U.S. Securities and Exchange Commission (SEC) is likely to approve several proposals for Ethereum futures ETFs. According to sources cited by Bloomberg, the SEC is expected to greenlight a wave

By Web3 Station 17 Aug 2023
Connext Announces NEXT Token Airdrop for Users

DeFi

Connext Announces NEXT Token Airdrop for Users

Cross-chain bridge Connext has announced the release of its NEXT token on 05/09, following a delay of more than a year from the original plan. The project will airdrop tokens to users across ecosystems such as Polygon, Arbitrum, Optimism, and Gnosis Chain. Key Details: * Token Launch: NEXT token will

By Web3 Station 17 Aug 2023
Tether Halts USDT Issuance on 3 Blockchains

Big Cap

Tether Halts USDT Issuance on 3 Blockchains

Late on August 17, Tether announced it would cease supporting USDT on Kusama, Omni, and Bitcoin Cash due to declining user demand. According to updates released on August 17, Tether, the company behind the leading stablecoin USDT, will stop issuing USDT on three blockchains: Omni, Bitcoin Cash, and Kusama, citing

By Web3 Station 16 Aug 2023
Bitcoin Dumps to $27,700, BNB Approaches Liquidation Threshold

Big Cap

Bitcoin Dumps to $27,700, BNB Approaches Liquidation Threshold

Late-night crypto markets on August 17 witnessed the latest price downturn affecting Bitcoin (BTC) and Binance Coin (BNB). Following nearly a month-long sideways trend between $29,000 and $30,000, Bitcoin plummeted from $28,500 to as low as $27,700 on the evening of August 17, 2023. This marked

By Web3 Station 16 Aug 2023
Layer-2 Shibarium Moves to Mainnet, Continues to Stir Controversy Due to Technical Issues

Big Cap

Layer-2 Shibarium Moves to Mainnet, Continues to Stir Controversy Due to Technical Issues

During its beta testing phase, Shiba Inu's Layer-2 solution, Shibarium, garnered adoption from over 21 million wallets. Layer-2 Shibarium Advances to Mainnet, Continues to Stir Controversy Anticipated Launch of Layer-2 After months of testing with millions of users, Shibarium, designed to develop gaming and metaverse applications, has officially

By Web3 Station 16 Aug 2023
Ripple Responds to SEC Appeal Request

Big Cap

Ripple Responds to SEC Appeal Request

Ripple Labs has recently taken a stance against the Securities and Exchange Commission's (SEC) appeal request from last week. Ripple's Chief Legal Officer, Stuart Alderoty, posted on Twitter (now X), stating: "We oppose the SEC's appeal request. There is no specific reason here

By Web3 Station 16 Aug 2023
Valkyrie Files Application for Ethereum ETF Futures

Big Cap

Valkyrie Files Application for Ethereum ETF Futures

Following the Bitcoin Strategy ETF and Bitcoin Miners ETF, Valkyrie has recently submitted an application for registration of an Ethereum futures exchange-traded fund (ETF) under the name Ethereum Strategy ETF. Valkyrie files application for Ethereum ETF Futures According to documents filed with the U.S. Securities and Exchange Commission (SEC)

By Web3 Station 16 Aug 2023
opBNB Opens Mainnet Doors for Developers

Big Cap

opBNB Opens Mainnet Doors for Developers

After months of development and testing involving over 400,000 user wallets on the testnet, opBNB has entered its final testing phase specifically tailored for infrastructure developers before its mainnet launch. opBNB "opens doors" to mainnet for developers The final stage of opBNB before the Public Mainnet On

By Web3 Station 16 Aug 2023
Compound is the Latest DeFi Protocol to Launch on Base

DeFi

Compound is the Latest DeFi Protocol to Launch on Base

Compound has officially integrated with layer-2 network Base, using ETH and cbETH as collateral assets. Integration Details: * Lending Platform: Compound, a leading DeFi lending platform, is now available on Base, a layer-2 network developed by Coinbase. * Collateral Assets: Users can use Ethereum (ETH) and Coinbase's staked ETH (cbETH)

By Web3 Station 15 Aug 2023
Controversy Erupts Over Wintermute's Proposal to Borrow Yearn Finance (YFI)

DeFi

Controversy Erupts Over Wintermute's Proposal to Borrow Yearn Finance (YFI)

On August 13, Wintermute announced a proposal to borrow YFI from Yearn Finance’s reserve fund. This proposal quickly garnered attention and sparked a debate within the DeFi community. Wintermute's Proposal Details: * Proposal: Titled "YFI Loan and CRV Plan by Wintermute," the proposal includes: * A loan

By Web3 Station 15 Aug 2023
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