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PancakeSwap Officially Launches on Arbitrum One

DeFi

PancakeSwap Officially Launches on Arbitrum One

The decentralized exchange (DEX) PancakeSwap has officially expanded its operations to Arbitrum One, marking the sixth blockchain integration following zkSync Era in July 2023. Key Integration: * Announcement: On the evening of 10/08/2023, PancakeSwap announced its successful deployment on Arbitrum One, a leading Ethereum Layer 2 solution. * Strategic Vision:

By Web3 Station 09 Aug 2023
Coinbase Ventures Invests in Rocket Pool (RPL)

DeFi

Coinbase Ventures Invests in Rocket Pool (RPL)

Coinbase Ventures, the investment arm of the cryptocurrency exchange Coinbase, has strategically invested in the liquid staking protocol Rocket Pool (RPL). Key Details: * Investment Announcement: The announcement was made on the evening of 10/08. Coinbase Ventures did not disclose the specific amount of RPL tokens purchased. * Previous Investment: This

By Web3 Station 09 Aug 2023
Circle Introduces New Web3 Wallet Application

Big Cap

Circle Introduces New Web3 Wallet Application

Circle, the entity behind the world's second-largest stablecoin USDC, has launched a customizable Web3 wallet platform aimed at businesses looking to provide digital payment solutions to customers. Circle Introduces New Web3 Wallet Application Last night (08/08), Circle unveiled a customizable Web3 wallet platform, providing businesses with an

By Web3 Station 08 Aug 2023
EOS Network Foundation Urges Community to Reject $22 Million Settlement, Vows to Sue Block.one

Big Cap

EOS Network Foundation Urges Community to Reject $22 Million Settlement, Vows to Sue Block.one

The ongoing conflict between the former owners and current community of EOS shows no signs of abating. EOS Network Foundation Urges Community to Reject $22 Million Settlement, Vows to Sue Block.one In a nutshell, Block.one, the developer of the EOS blockchain, raised $4 billion during the phase known

By Web3 Station 08 Aug 2023
Aptos Labs Collaborates with Microsoft on New AI Blockchain Solution - APT Hits Limit Up

Big Cap

Aptos Labs Collaborates with Microsoft on New AI Blockchain Solution - APT Hits Limit Up

Aptos, the rebranded blockchain formerly known as Facebook's Diem, is integrating Microsoft's AI infrastructure. Aptos Labs Collaborates with Microsoft on New AI Blockchain Solution In a move to realize their expanded service and brand strategy, Aptos, the layer-1 blockchain from the "old Meta," has

By Web3 Station 08 Aug 2023
Fantom Considers Shift to Optimistic Rollups Development

Big Cap

Fantom Considers Shift to Optimistic Rollups Development

Andre Cronje, the founder of Fantom Foundation, has indicated that the platform is contemplating a shift towards developing Optimistic Rollups and further integrating with Ethereum. Fantom Considers Shift to Optimistic Rollup In a recent interview with The Block, DeFi guru Andre Cronje shared: "We are looking into the OP

By Web3 Station 08 Aug 2023
Uniswap Heads to Layer-2 Base

DeFi

Uniswap Heads to Layer-2 Base

Uniswap v3 has been integrated into Coinbase's layer-2 solution, Base. Uniswap's Integration with Layer-2 Base After nearly three months of proposals, Uniswap, the largest decentralized exchange on Ethereum, has been integrated into Base, allowing users to trade tokens on this layer-2 solution. What are you swapping

By Web3 Station 08 Aug 2023
MakerDAO Announces Further Interest Rate Adjustments

DeFi

MakerDAO Announces Further Interest Rate Adjustments

After two days of implementing the 8% interest rate, the MakerDAO - DAI community has proposed new adjustments to adapt to the current market conditions. New Proposal "Adjustment GOV12.1.2" In the new proposal titled "Adjustment GOV12.1.2," founder Rune Christensen highlighted the positive

By Web3 Station 08 Aug 2023
Saddle Finance Dissolves and Redistributes Funds to Investors

DeFi

Saddle Finance Dissolves and Redistributes Funds to Investors

On August 8, 2023, Sunil Srivatsa, the founder of Saddle Finance, announced that the Ethereum-based AMM protocol will cease operations and begin distributing tokens back to investors. This decision aims to safeguard investor assets following the shocking hack of Curve Finance. Liquidation and Token Distribution Process Saddle Finance will liquidate

By Web3 Station 08 Aug 2023
SpiritSwap (SPIRIT) on Fantom Shuts Down Due to Multichain Impact

DeFi

SpiritSwap (SPIRIT) on Fantom Shuts Down Due to Multichain Impact

The Fantom ecosystem is facing severe setbacks, with SpiritSwap, its leading AMM, announcing its shutdown due to the repercussions from Multichain's collapse. Key Points: * Shutdown Announcement: SpiritSwap will cease operations on 01/09/2023 unless a new team takes over. Users are advised to withdraw liquidity before this

By Web3 Station 08 Aug 2023
Aptos (APT) Declines Ahead of $30 Million Token Unlock

Big Cap

Aptos (APT) Declines Ahead of $30 Million Token Unlock

APT has dropped nearly 4% over the past 24 hours, underperforming the overall cryptocurrency market. Aptos (APT) Slides Ahead of $30 Million Token Unlock As compiled by Coin68, 4.5 million APT tokens (worth approximately $30 million) are set to unlock on August 12. This action will increase the circulating

By Web3 Station 07 Aug 2023
Parallel Updates on USDT - USDC - DAI - FDUSD - PYUSD Stablecoins on August 8, 2023

Big Cap

Parallel Updates on USDT - USDC - DAI - FDUSD - PYUSD Stablecoins on August 8, 2023

In just a few days, the cryptocurrency market has witnessed a series of significant fluctuations concerning the stablecoin segment. Join Coin68 as we update you on the latest developments in the stablecoin battle. Updates on USDT - USDC - DAI - FDUSD - PYUSD Note: Apart from the official statements

By Web3 Station 07 Aug 2023
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