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Curve Finance Offers 10% Bug Bounty if Hackers Return Stolen Funds

DeFi

Curve Finance Offers 10% Bug Bounty if Hackers Return Stolen Funds

To prevent further liquidity loss, Curve Finance and the affected projects have proposed an agreement allowing the hackers to keep 10% of the stolen funds as a reward. Curve Finance's Bug Bounty Offer On July 31, the crypto market was shaken by the news of an exploit in

By Web3 Station 03 Aug 2023
Hackers Begin Returning Funds to Curve Finance

DeFi

Hackers Begin Returning Funds to Curve Finance

After Curve Finance sent on-chain messages to the hackers, the first batches of funds have started being returned to the affected projects. Background on the Curve Finance Exploit On July 30, vulnerabilities in the liquidity pools of Curve Finance, which use the Vyper language, were exploited by hackers. The projects

By Web3 Station 03 Aug 2023
Google Cloud Partners with Celo as Validator - CELO Price Reacts

Big Cap

Google Cloud Partners with Celo as Validator - CELO Price Reacts

Celo has added Google Cloud to its list of transaction validators for its network, marking a milestone in transitioning to layer-2. Google Cloud Partners with Celo as Validator - CELO Price Soars In an announcement late on August 2nd, the Celo Foundation revealed that Google Cloud, the computing giant, is

By Web3 Station 02 Aug 2023
Bloomberg Analyst Predicts a 65% Chance of Bitcoin Spot ETF Approval

Big Cap

Bloomberg Analyst Predicts a 65% Chance of Bitcoin Spot ETF Approval

Financial analyst James Seyffart from Bloomberg has raised the probability of SEC approval for a Bitcoin spot ETF to 65%, citing recent positive developments. Bloomberg Analyst Predicts a 65% Chance of Bitcoin Spot ETF Approval In a Twitter post on August 3rd, Bloomberg ETF analyst James Seyffart suggested that the

By Web3 Station 02 Aug 2023
Direxion Files Application for ETF Futures for Bitcoin and Ethereum

Big Cap

Direxion Files Application for ETF Futures for Bitcoin and Ethereum

Europe's largest ETF investment firm, Direxion, has filed an application for leveraged ETFs for BTC and ETH, joining a race of cryptocurrency ETFs alongside 6 other companies that also filed applications this week. Direxion Files Application for ETF Futures for Bitcoin and Ethereum According to documents submitted to

By Web3 Station 02 Aug 2023
"Impersonation" Wallet Scheme to Steal 20 Million USDT Thwarted

DeFi

"Impersonation" Wallet Scheme to Steal 20 Million USDT Thwarted

A scammer attempted to steal 20 million USDT using a wallet address impersonation scheme but was successfully thwarted. Details of the Impersonation Scheme On August 01, 2023, the crypto community on Twitter noticed that stablecoin issuer Tether had blacklisted a wallet address containing 20 million USDT, effectively freezing it and

By Web3 Station 02 Aug 2023
Layer-2 Base Officially Opens ETH Bridge for Users

DeFi

Layer-2 Base Officially Opens ETH Bridge for Users

After a few weeks of deploying its mainnet for builders, Layer-2 Base has officially announced the opening of its ETH bridge to enhance user experience. Official Launch of ETH Bridge on Layer-2 Base According to a tweet from Base, bridging ETH from the Ethereum mainnet to the Layer-2 Base solution

By Web3 Station 02 Aug 2023
MicroStrategy Plans to Purchase Additional $750 Million in Bitcoin, BTC Price Surges to $30,000

Big Cap

MicroStrategy Plans to Purchase Additional $750 Million in Bitcoin, BTC Price Surges to $30,000

Despite holding a Bitcoin treasury worth over $4.5 billion, billionaire Michael Saylor's company MicroStrategy shows no signs of slowing down. MicroStrategy Plans to Purchase Additional $750 Million in Bitcoin, BTC Price Surges to $29,800 Article updated with Bitcoin price. In its Q2/2023 financial report, MicroStrategy

By Web3 Station 01 Aug 2023
ApeCoin (APE) Struggles to Establish a New Bottom

Big Cap

ApeCoin (APE) Struggles to Establish a New Bottom

Just days after Yuga Labs introduced new elements to the Otherside metaverse game, ApeCoin hits a record low. ApeCoin (APE) Struggles to Establish a New Bottom ApeCoin, the focal token within Yuga Labs' ambitious Otherside metaverse game, has hit an all-time low amid the backdrop of the Bored Ape

By Web3 Station 01 Aug 2023
Discovery of Ethereum Futures ETF Registrations

Big Cap

Discovery of Ethereum Futures ETF Registrations

Amidst the pending approval of the Bitcoin ETF Spot applications by the SEC, the market continues to witness new developments revolving around Ethereum ETF Futures. Discovery of Ethereum Futures ETF Registrations This morning (02/08), an asset manager at Bloomberg unexpectedly discovered a series of filings submitted to the SEC

By Web3 Station 01 Aug 2023
Key Insights Ahead of Litecoin (LTC) Halving 2023 - Will Litecoin Lead Bitcoin in Price?

Big Cap

Key Insights Ahead of Litecoin (LTC) Halving 2023 - Will Litecoin Lead Bitcoin in Price?

With just a few hours remaining before the third Litecoin (LTC) halving event, here are some quick facts about the upcoming event that you should know. Key Insights Ahead of Litecoin (LTC) Halving 2023 - Will Litecoin Lead Bitcoin in Price? What is Litecoin Halving? Event Timeline for Reward Reduction

By Web3 Station 01 Aug 2023
Litecoin's 3rd Halving Officially Takes Place

Big Cap

Litecoin's 3rd Halving Officially Takes Place

Litecoin's third halving event occurred on August 2, 2023, upon reaching block 2,520,000, marking a milestone in this blockchain's 12-year history. Litecoin's 3rd Halving Officially Takes Place Could this signal growth for Litecoin (LTC)? The Litecoin blockchain, home to the cryptocurrency LTC

By Web3 Station 01 Aug 2023
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