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Another Co-Founder Leaves Flashbots Project

DeFi

Another Co-Founder Leaves Flashbots Project

On the evening of June 20th, another co-founder of Flashbots, a project within the Ethereum MEV (Maximal Extractable Value) space, announced their departure. Departure Announcement In a tweet on his personal Twitter account, Alex Obadia shared his decision to leave Flashbots. "After nearly 3 years of contributing and building

By Web3 Station 20 Jun 2023
MakerDAO Increases U.S. Treasury Holdings by $700 Million, Totaling $1.2 Billion

DeFi

MakerDAO Increases U.S. Treasury Holdings by $700 Million, Totaling $1.2 Billion

MakerDAO, the entity behind the stablecoin DAI, has completed an additional purchase of $700 million in U.S. Treasury bonds. MakerDAO's Expanding Treasury Holdings With this latest acquisition, MakerDAO's total U.S. Treasury holdings have reached $1.2 billion. This follows an earlier purchase of $500

By Web3 Station 20 Jun 2023
Osmosis DEX (OSMO) Cuts Token Inflation by 50%

DeFi

Osmosis DEX (OSMO) Cuts Token Inflation by 50%

Osmosis, the largest decentralized exchange (DEX) on the Cosmos ecosystem, has launched a significant update, OSMO 2.0, aimed at cutting the token inflation rate by 50%. Osmosis Cuts Token Inflation by 50% Following a governance vote, Osmosis has decided to halve the inflation rate to enhance the sustainability of

By Web3 Station 19 Jun 2023
Aave Community Rejects Proposal to Freeze Curve Founder’s CRV Tokens

DeFi

Aave Community Rejects Proposal to Freeze Curve Founder’s CRV Tokens

The Aave community has decisively voted against a proposal by risk management firm Gauntlet to liquidate a large loan held by Curve founder Michael Egorov. On June 18, 2023, the Aave community voted overwhelmingly to reject Gauntlet’s proposal to freeze Michael Egorov’s CRV collateral on Aave V2. This

By Web3 Station 18 Jun 2023
Etherscan Launches Code Reader Tool - Integrating AI for Smart Contract Exploration

DeFi

Etherscan Launches Code Reader Tool - Integrating AI for Smart Contract Exploration

On-chain data tracker Etherscan has introduced a new tool integrating OpenAI's model to help users explore the source code of smart contracts. Etherscan Launches AI-Powered Code Reader Tool Etherscan has rolled out a new tool named "Code Reader," which aims to assist users in evaluating and

By Web3 Station 18 Jun 2023
MakerDAO Increases DAI Holding Interest Rate After Removing USDP and Reducing GUSD

DeFi

MakerDAO Increases DAI Holding Interest Rate After Removing USDP and Reducing GUSD

MakerDAO has approved a proposal to increase the savings rate for DAI holders following significant adjustments to the stablecoin's reserve assets. MakerDAO Increases DAI Holding Interest Rate After Removing USDP and Reducing GUSD In a proposal concluded on June 15, the MakerDAO community has agreed to raise the

By Web3 Station 15 Jun 2023
Frax Finance to Build Layer-2 Fraxchain

DeFi

Frax Finance to Build Layer-2 Fraxchain

The goal of Frax Finance is to further decentralize the project by creating a layer-2 network optimized for DeFi activities and compatible with smart contracts. Fraxchain's Unique Features Fraxchain is expected to launch by the end of 2023. The new network will use the FXS token for governance,

By Web3 Station 15 Jun 2023
Declassified Emails Reveal SEC's Stance on Bitcoin and Ethereum, but Offer No New Insights on XRP Lawsuit

Big Cap

Declassified Emails Reveal SEC's Stance on Bitcoin and Ethereum, but Offer No New Insights on XRP Lawsuit

The newly declassified speech by former SEC official William Hinman confirms that Bitcoin and Ethereum are not considered securities but provides no additional information about Ripple’s XRP. Declassified Emails Provide No New Information on XRP Lawsuit On June 13, the U.S. Securities and Exchange Commission (SEC), under court

By Web3 Station 13 Jun 2023
Binance Launches 34th Launchpool - Maverick Protocol (MAV)

Big Cap

Binance Launches 34th Launchpool - Maverick Protocol (MAV)

After Sui, Maverick Protocol (MAV) is the next project to make its debut on Binance Launchpool. Binance Launches 34th Launchpool - Maverick Protocol (MAV) Last night, Binance announced the launch of its 34th project on Binance Launchpool, Maverick Protocol (MAV). Binance users can lock up BNB and TUSD to earn

By Web3 Station 13 Jun 2023
Polygon Prepares a Series of Announcements for Version 2.0

Big Cap

Polygon Prepares a Series of Announcements for Version 2.0

Polygon (MATIC) is set to reveal its Version 2.0 roadmap, aiming to transform the project into the "value layer for the Internet." Polygon Prepares a Series of Announcements for Version 2.0 In an announcement made on the evening of June 13, Polygon (MATIC) disclosed that over

By Web3 Station 12 Jun 2023
BNB Whale "Wakes Up" After 2 Years

Big Cap

BNB Whale "Wakes Up" After 2 Years

A dormant whale account has suddenly become active after a two-year hiatus, amid escalating regulatory crackdowns in the crypto industry. BNB Whale "Wakes Up" After 2 Years Data from Lookonchain on June 12 reveals that a whale wallet, which had been inactive for the past two years, recently

By Web3 Station 12 Jun 2023
Damus – Web3 Social Network “Counterpart to Twitter” – Faces Potential Removal from Apple Store

Big Cap

Damus – Web3 Social Network “Counterpart to Twitter” – Faces Potential Removal from Apple Store

Apple has issued an ultimatum to the creators of the Damus app, requiring compliance with their policies within the next 14 days. Damus – Web3 Social Network “Counterpart to Twitter” – Faces Potential Removal from Apple Store On the afternoon of June 13, 2023, Damus’ official Twitter account announced a warning regarding

By Web3 Station 12 Jun 2023
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