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Zynga Set to Launch Web3 Game on Ethereum

NFT & GameFi

Zynga Set to Launch Web3 Game on Ethereum

Zynga, the renowned mobile game developer, is gearing up to launch its new Web3 game project, Sugartown. Zynga Prepares to Launch Web3 Game Sugartown Sugartown is a Web3 game that will allow players to use Ethereum tokens to access the game. To participate, players will need to stake tokens to

By Web3 Station 15 Aug 2023
HBAR Surges as FedNow Integrates Dropp, a Micro-Payment Network Built on Hedera

Big Cap

HBAR Surges as FedNow Integrates Dropp, a Micro-Payment Network Built on Hedera

The Federal Reserve's instant payment system, FedNow, has recently integrated Dropp, a micro-payment platform operating on the Hedera network. According to the announcement, Dropp serves as an alternative payment solution, facilitating transactions of small values at affordable fees. Currently, Dropp supports payments in HBAR, USD, and USDC. Today,

By Web3 Station 14 Aug 2023
Bitcoin Price Volatility Hits Record Lows

Big Cap

Bitcoin Price Volatility Hits Record Lows

The price volatility of the largest cryptocurrency by market cap, BTC, has tightened around $29,000, reaching its lowest levels in history over the past 30 days. Bitcoin Price Volatility Hits Record Lows According to data from The Block, BTC has exhibited notably subdued movement, with a volatility measure of

By Web3 Station 14 Aug 2023
Serum's Conclusion: Binance Delists Final Trading Pair, SRM Price Plummets "Into the Ground"

Big Cap

Serum's Conclusion: Binance Delists Final Trading Pair, SRM Price Plummets "Into the Ground"

Binance has decided to delist the final trading pair SRM/BUSD, marking the end of an era for the once-prominent project within the Solana ecosystem. Serum, once a celebrated DEX platform, had already admitted to being "inactive" since late November 2022, leaving the community deeply nostalgic. The project

By Web3 Station 14 Aug 2023
Sei Network (SEI) Unveils Tokenomics, Boosts Airdrop Allocation

Big Cap

Sei Network (SEI) Unveils Tokenomics, Boosts Airdrop Allocation

After a period of anticipation and self-reflection, Sei Network has finally announced the tokenomics for its project. Sei Network (SEI) Unveils Tokenomics, Boosts Airdrop Allocation Amid the spotlight on two projects set to list on Binance tonight (15/08), Sei has just released its tokenomics. Token Utility of SEI Transaction

By Web3 Station 14 Aug 2023
RocketSwap on Base Hacked and Taken Over

DeFi

RocketSwap on Base Hacked and Taken Over

Following the LeetSwap incident, RocketSwap on Base has now fallen victim to a hack, with the extent of the damage still unknown. Incident Details: * Attack Confirmation: This morning (15/8), it was confirmed that the token swapping platform RocketSwap was hacked on Base. The hacker used a Brute Force method,

By Web3 Station 14 Aug 2023
Coca-Cola Releases NFTs on Layer-2 Base

NFT & GameFi

Coca-Cola Releases NFTs on Layer-2 Base

The world-renowned beverage brand Coca-Cola has chosen Base as its next blockchain platform for a limited-edition NFT series. Coca-Cola Releases NFTs on Layer-2 Base Continuing the “Onchain Summer” events celebrating the launch of Base’s mainnet, this layer-2 blockchain has partnered with Coca-Cola to unveil a limited-edition NFT collection. Named

By Web3 Station 14 Aug 2023
DeGods Simplifies NFT Collection in Season III

NFT & GameFi

DeGods Simplifies NFT Collection in Season III

DeGods has announced it will streamline its NFT collection to its most basic and essential form, removing unnecessary details and embellishments. DeGods Simplifies NFT Collection in Season III According to a release posted on August 14, the renowned NFT collection DeGods has unveiled Season III of its project, featuring an

By Web3 Station 14 Aug 2023
ETH Burn Hits Lowest Level in 2023 Amid Decreased Network Activity

Big Cap

ETH Burn Hits Lowest Level in 2023 Amid Decreased Network Activity

The amount of ETH burned through the EIP-1559 mechanism has dropped to its lowest point in 2023, indicating a significant slowdown in Ethereum network activities. According to data from The Block, on August 12th, the amount of ETH burned was 570.54 ETH, the lowest since 2023 began. The closest

By Web3 Station 13 Aug 2023
Zunami Protocol's Liquidity Pool Attacked on Curve

DeFi

Zunami Protocol's Liquidity Pool Attacked on Curve

The zStables pool (ZUSD, ZETH) of Zunami Protocol has been attacked on Curve, with estimated losses of around $2.1 million. Attack Details: * Confirmation: Zunami Protocol confirmed that its zStables pool on Curve Finance was compromised. Security firm PeckShield first reported the attack, estimating that over $2.1 million was

By Web3 Station 13 Aug 2023
Uniswap Developer Fired for "Rug Pulling" 14 ETH on Base

DeFi

Uniswap Developer Fired for "Rug Pulling" 14 ETH on Base

A Uniswap developer has been terminated after being caught inappropriately "rug pulling" 14 ETH on the layer-2 Base network. Incident Overview: * Event: On 12/08, the crypto community on Twitter reported that a developer working for Uniswap, a leading DEX on Ethereum, had conducted a rug pull involving

By Web3 Station 12 Aug 2023
Curve Finance Recovers 70% of Stolen Funds

Curve Finance Recovers 70% of Stolen Funds

The Curve Finance team continues its efforts to investigate and recover the remaining stolen funds. Recovery Update: * Recent Announcement: Curve Finance has successfully recovered 70% of the funds stolen during the hack on 31/07, which resulted in a loss of up to $52 million and had severe repercussions. * Official

By Web3 Station 11 Aug 2023
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