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Wallet Linked to Multichain Witnesses Another Large Transfer

DeFi

Wallet Linked to Multichain Witnesses Another Large Transfer

In the early hours of July 23, a wallet associated with the Multichain bridge experienced another significant transfer. Assets worth approximately $14 million were withdrawn from the wallet, consisting of various token formats. Details of the Transaction According to FTM Scan, the transaction began with the transfer of 299.3

By Web3 Station 22 Jul 2023
Starknet Announces First "Appchain" Project

DeFi

Starknet Announces First "Appchain" Project

Just days after introducing the "Appchain" toolkit, the Starknet ecosystem has welcomed its first project to utilize this model. First Appchain Project on Starknet According to a tweet from StarkWare, the first project to use the "Appchain" toolkit will be the derivative trading platform, Paradex. The

By Web3 Station 21 Jul 2023
New Users on Aptos Increase by 900% Following Integration with Chingari

Big Cap

New Users on Aptos Increase by 900% Following Integration with Chingari

Chingari has moved its operations to Aptos this month, deciding to seek a new home after experiencing several network crashes on Solana last year. New Users on Aptos Increase by 900% Following Integration with Chingari. Image: BTTC Activity on Aptos has surged following its integration with Chingari, the Indian social

By Web3 Station 20 Jul 2023
Optimism Considers Support for Zero-Knowledge Proofs

Big Cap

Optimism Considers Support for Zero-Knowledge Proofs

Over the recent days, two proposals from O(1) Labs and RISC Zero are under consideration to enable effective integration of Zero-Knowledge Proofs (zk-proofs) on chains utilizing the OP Stack. Optimism Considers Support for Zero-Knowledge Proofs Optimism (OP), an Optimistic Rollups Layer 2 solution for Ethereum, is currently advancing two

By Web3 Station 20 Jul 2023
Arbitrum Approves Proposal for Account Abstraction Implementation

DeFi

Arbitrum Approves Proposal for Account Abstraction Implementation

Layer-2 solution Arbitrum has approved a proposal to implement Account Abstraction (also known as Abstract Account). This move is expected to lay the foundation for enhanced user interface utilities within its ecosystem. The AIP-2 Proposal The latest proposal, designated as AIP-2, aims to establish an endpoint gateway to integrate the

By Web3 Station 20 Jul 2023
Conic Finance DeFi Protocol Hacked, Losing 1,700 ETH

DeFi

Conic Finance DeFi Protocol Hacked, Losing 1,700 ETH

Conic Finance, a liquidity pool platform for the Curve protocol, was attacked on July 21, resulting in the loss of 1,700 ETH. Conic Finance Omnipool Platform Hacked According to security experts at BlockSec, the DeFi protocol Conic Finance was attacked by an unidentified hacker on the evening of July

By Web3 Station 20 Jul 2023
Tesla Holds Firm with Bitcoin Holdings for 4 Consecutive Quarters

Big Cap

Tesla Holds Firm with Bitcoin Holdings for 4 Consecutive Quarters

Tesla, the world's leading electric car company, maintains its Bitcoin holdings at a value of $184 million USD. Tesla Holds Firm with Bitcoin Holdings for 4 Consecutive Quarters Tesla did not buy or sell any Bitcoin in Q2/2023, as reported in their financial statement released last night

By Web3 Station 19 Jul 2023
Polymarket Predicts 11% Chance of Binance Defaulting by End of 2023

Big Cap

Polymarket Predicts 11% Chance of Binance Defaulting by End of 2023

The crypto prediction market Polymarket has updated on the likelihood of Binance facing bankruptcy by the end of 2023, estimating it at approximately 11%. While this figure appears relatively low, trading activity on this market has garnered significant attention. Polymarket Predicts 11% Chance of Binance Defaulting by End of 2023

By Web3 Station 19 Jul 2023
crvUSD Reaches $100 Million Market Capitalization

DeFi

crvUSD Reaches $100 Million Market Capitalization

After three months of deployment, crvUSD, the stablecoin developed by Curve Finance, has officially reached a market capitalization of $100 million. According to data from Curve Finance’s website, the current supply of crvUSD fluctuates around $110 million. Kudos to LLAMA 🐑 Total circulation of @CurveFinance $crvUSD reached 100M+ pic.twitter.

By Web3 Station 19 Jul 2023
OpenSea Accused of Running a "Casino" by Ether.Fi Project

NFT & GameFi

OpenSea Accused of Running a "Casino" by Ether.Fi Project

After having their collection worth 6200 ETH disabled without a clear reason, the founder of Ether.Fi has publicly accused OpenSea of irresponsibility, likening the platform to a "casino." OpenSea Accused of Running a "Casino" by a Project According to a post by Ether.Fi CEO

By Web3 Station 19 Jul 2023
Whale Wallet Awakens: 61,000 ETH Transferred to Exchange After 8 Years

Big Cap

Whale Wallet Awakens: 61,000 ETH Transferred to Exchange After 8 Years

Crypto Twitter is abuzz with news of a reactivated Ethereum (ETH) "whale" wallet that has emerged after 8 years, swiftly transferring its entire holdings to an exchange. Whale Wallet Awakens: 61,000 ETH Transferred to Exchange After 8 Years On the morning of July 19, 2023, crypto investors

By Web3 Station 18 Jul 2023
On-Chain Data from Arkham (ARKM) Airdrop Reveals Insights

Big Cap

On-Chain Data from Arkham (ARKM) Airdrop Reveals Insights

Let's delve into the surprising and controversial on-chain statistics from Arkham Intelligence (ARKM)’s recent airdrop to uncover some interesting findings! On-Chain Data from Arkham (ARKM) Airdrop Reveals Insights On July 18, 2023, Arkham Intelligence officially conducted an airdrop for their platform users as previously announced. The airdrop

By Web3 Station 18 Jul 2023
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