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Worldcoin Boosts Daily Transactions on Optimism, Overtaking Arbitrum

Worldcoin Boosts Daily Transactions on Optimism, Overtaking Arbitrum

Daily transactions on the Optimism layer-2 network have surpassed Arbitrum for the first time in six months, fueled by Worldcoin's influence. Thanks to Worldcoin, daily transactions on Optimism surpass Arbitrum According to data from Blockworks Research's Dune Analytics dashboard, daily transactions on the OP Mainnet (Optimism)

By Web3 Station 27 Jul 2023
Litecoin (LTC) Prepares for Halving Event on August 3

Big Cap

Litecoin (LTC) Prepares for Halving Event on August 3

Less than a week remains until Litecoin (LTC) undergoes its halving event, reducing mining rewards by half. Litecoin (LTC) Prepares for Halving on August 3. Image: Bloomberg Litecoin's third-ever halving event is set to occur next week on August 3, 2023. Litecoin halving events occur every four years,

By Web3 Station 27 Jul 2023
Community Reactions to MakerDAO’s Plan to Raise DAI Interest Rate to 8%

DeFi

Community Reactions to MakerDAO’s Plan to Raise DAI Interest Rate to 8%

Overview of the Proposal The new proposal, named "Enhanced DSR," was introduced by MakerDAO founder Rune Christensen in the forum. Here are the key points to avoid confusion and controversy: * Interest Rate Structure: The proposal does not fix the DAI interest rate at 8%. Instead, as users deposit

By Web3 Station 27 Jul 2023
Parrot Protocol Initiates PRT Token Buyback Plan Starting Next Week

DeFi

Parrot Protocol Initiates PRT Token Buyback Plan Starting Next Week

After a unanimous vote in favor of the proposal to buy back PRT tokens from the market to transform into a "token-less" project, Parrot Protocol has begun the process of repurchasing PRT tokens over the next 8 weeks. Parrot Protocol to Start PRT Token Buyback Plan Next Week

By Web3 Station 27 Jul 2023
MetaMask Aims to Support Multi-Blockchain, No Plans for Token Issuance

Big Cap

MetaMask Aims to Support Multi-Blockchain, No Plans for Token Issuance

In an interview with Decrypt, MetaMask's product manager revealed intriguing insights into the upcoming plans of the most popular crypto wallet application. MetaMask Aims to Support Multi-Blockchain, No Plans for Token Issuance During the EthCC 2023 event recently held in Paris, France, Lex Jupiter, MetaMask's product

By Web3 Station 26 Jul 2023
Fed Raises Interest Rates to 22-Year High – Crypto Market Unfazed?

Big Cap

Fed Raises Interest Rates to 22-Year High – Crypto Market Unfazed?

Bitcoin's price remains relatively stable following the Federal Reserve's announcement of a 25 basis point interest rate hike, as anticipated. Fed Raises Interest Rates to 22-Year High – Crypto Market Unfazed? Image: Bloomberg Late on July 27 (Vietnam time), the Federal Reserve of the United States announced

By Web3 Station 26 Jul 2023
Palau Islands Pilot Testing Ripple-Based Stablecoin

Big Cap

Palau Islands Pilot Testing Ripple-Based Stablecoin

Palau's USD-backed stablecoin will undergo a trial minting on the XRP Ledger via Ripple's CBDC platform. Palau Islands Pilot Testing Ripple-Based Stablecoin As announced on the morning of July 27, Palau—comprising 340 islands in the Pacific Ocean—has partnered with Ripple to pilot its own

By Web3 Station 26 Jul 2023
Polygon Deploys Smart Contract for New Token POL on Ethereum

Big Cap

Polygon Deploys Smart Contract for New Token POL on Ethereum

Polygon is moving closer to replacing its current MATIC token with a new currency, POL, as it deploys the POL smart contract on the Ethereum mainnet. Polygon Deploys Smart Contract for New Token POL on Ethereum. Image: Polygon On the afternoon of October 25, Polygon Labs announced the deployment of

By Web3 Station 26 Jul 2023
PancakeSwap Expands to zkSync Era

DeFi

PancakeSwap Expands to zkSync Era

PancakeSwap, the decentralized exchange (DEX) initially launched on the BNB Chain, is now expanding its reach to zkSync Era, according to an announcement by Chef Cocoa to CoinDesk on the evening of July 27. Expansion to zkSync Era PancakeSwap’s integration with zkSync Era is part of its broader strategy

By Web3 Station 26 Jul 2023
Dogecoin (DOGE) Surges Due to This "Small Detail" by Elon Musk

Big Cap

Dogecoin (DOGE) Surges Due to This "Small Detail" by Elon Musk

The market's 7th largest cryptocurrency, Dogecoin, saw a nearly 10% increase immediately after a Twitter announcement of a rebrand. Dogecoin (DOGE) Surges Due to This "Small Detail" by Elon Musk The Dogecoin frenzy appears to have returned following the appearance of the memecoin's logo

By Web3 Station 25 Jul 2023
OP Mainnet (Optimism) Prepares to Unlock 24 Million OP Tokens

Big Cap

OP Mainnet (Optimism) Prepares to Unlock 24 Million OP Tokens

According to its pre-scheduled timeline, the OP Mainnet (Optimism) layer-2 network is set to unlock 24.16 million OP tokens on July 30th. https://cdn.coin68.com/images/20230726041416-9713d96a-cae3-4e18-8c19-c3084a87ceb1-68.jpg OP Mainnet (Optimism) Prepares to Unlock 24 Million OP Tokens According to Token Unlocks data, 24.16 million OP tokens,

By Web3 Station 25 Jul 2023
a16z Transfers $7 Million Worth of Maker (MKR) Tokens to Exchange

DeFi

a16z Transfers $7 Million Worth of Maker (MKR) Tokens to Exchange

Investment firm a16z is reportedly taking advantage of the recent surge in Maker (MKR) prices to reduce its exposure to this DeFi token. a16z Transfers MKR Tokens According to on-chain data, Andeessen Horowitz (a16z) has sold a portion of its investment in MakerDAO’s governance token MKR due to the

By Web3 Station 25 Jul 2023
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