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Fantom (FTM) to Distribute 15% of Transaction Fees to Network Projects

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Fantom (FTM) to Distribute 15% of Transaction Fees to Network Projects

Fantom has announced a new reward program that will return 15% of total transaction fees collected to projects built on its network. Fantom (FTM) to Distribute 15% of Transaction Fees to Network Projects Andre Cronje, the Chief Architect of Fantom, has unveiled a new gas fee incentive mechanism aimed at

By Web3 Station 28 May 2023
Polygon Unveils Direct Bridge to zkEVM Solution

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Polygon Unveils Direct Bridge to zkEVM Solution

The Polygon ecosystem has introduced a direct bridge to its zkEVM solution, aiming to enhance user experience with several notable improvements. On Polygon's official Twitter, the project shared details about the new zkEVM Bridge. The bridge utilizes Zero-Knowledge technology, featuring two contracts at each end: Ethereum and Polygon

By Web3 Station 26 May 2023
Avalanche (AVAX) and Optimism (OP) on the Verge of Large Token Unlocks

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Avalanche (AVAX) and Optimism (OP) on the Verge of Large Token Unlocks

Over 9.5 million AVAX tokens (1.3% of total supply) are set to be unlocked on May 28, followed by 386.5 million Optimism (OP) tokens next week. Avalanche (AVAX) and Optimism (OP) on the Verge of Large Token Unlocks Read more: Notable Token Unlocks in May 2023 More

By Web3 Station 26 May 2023
JPMorgan Analysts: Bitcoin Price Could Hit $45,000 Due to Rising Gold Prices

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JPMorgan Analysts: Bitcoin Price Could Hit $45,000 Due to Rising Gold Prices

JPMorgan analysts predict that Bitcoin (BTC) could surge to $45,000, driven by rising gold prices and the upcoming Halving event. JPMorgan Analysts: Bitcoin Price Could Hit $45,000 Due to Rising Gold Prices According to JPMorgan analysts, the current gold price, hovering around $2,000 per ounce, suggests that

By Web3 Station 26 May 2023
Circle Launches EUROC Stablecoin on Avalanche

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Circle Launches EUROC Stablecoin on Avalanche

Circle, the second-largest stablecoin issuer in the market, has just launched Euro Coin (EUROC) on the Avalanche blockchain. This marks the second blockchain to support the EUROC stablecoin, following Ethereum. Circle Launches EUROC Stablecoin on Avalanche Circle announced that integrating Euro Coin will be straightforward for Avalanche applications that already

By Web3 Station 25 May 2023
ETH Holdings on Exchanges Hit Lowest Level Since 2016

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ETH Holdings on Exchanges Hit Lowest Level Since 2016

The amount of Ethereum (ETH) held on centralized exchanges has just reached its lowest level since the summer of 2016, driven by the growing trend of staking within the community. ETH Holdings on Exchanges Hit Lowest Level Since 2016 The amount of ETH on exchanges has dropped to its lowest

By Web3 Station 25 May 2023
Elon Musk Still Loves Dogecoin but Advises Against Going All In

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Elon Musk Still Loves Dogecoin but Advises Against Going All In

Despite his affection for Dogecoin, Elon Musk remains cautious about the cryptocurrency and advises users not to invest excessively. Elon Musk Still Loves Dogecoin but Advises Against Going All In Speaking at the CEO Summit hosted by The Wall Street Journal in London, Tesla CEO Elon Musk reiterated his fondness

By Web3 Station 24 May 2023
Justin Sun Transfers $4.3 Million in MakerDAO (MKR) Tokens to Binance

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Justin Sun Transfers $4.3 Million in MakerDAO (MKR) Tokens to Binance

Justin Sun has moved a substantial amount of MakerDAO (MKR) tokens to Binance, coinciding with the DeFi protocol undergoing a major platform overhaul. Justin Sun Transfers $4.3 Million in MakerDAO (MKR) Tokens to Binance On the evening of May 23, TRON founder Justin Sun transferred $4.3 million worth

By Web3 Station 23 May 2023
Solana Integrates ChatGPT, Boosts AI Development Fund to $10 Million

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Solana Integrates ChatGPT, Boosts AI Development Fund to $10 Million

The Solana development team has just launched a plugin that allows users to connect the blockchain with the AI tool ChatGPT. Solana Integrates ChatGPT, Boosts AI Development Fund to $10 Million Solana has announced that this new tool is fully open-source and available for download on GitHub, as previously hinted

By Web3 Station 23 May 2023
Stablecoin Trading Volumes Decline While USDT Market Cap Continues to Rise

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Stablecoin Trading Volumes Decline While USDT Market Cap Continues to Rise

The discrepancy between the declining trading volumes of stablecoins and the rising market cap of Tether (USDT) has raised questions among market analysts. Stablecoin Trading Volumes Decline While USDT Market Cap Continues to Rise USDT Trading Volume Hits 4-Year Low Despite Rising Market Cap According to market research firm Kaiko,

By Web3 Station 22 May 2023
Former Evmos Founder Attempting to Dump Large Amount of EVMOS Staking Tokens

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Former Evmos Founder Attempting to Dump Large Amount of EVMOS Staking Tokens

Evmos has disclosed that its former founder is attempting to sell off 500,000 EVMOS staking tokens, which are held in what is reportedly the project's largest whale wallet. Former Evmos Founder Attempting to Dump Large Amount of EVMOS Staking Tokens Evmos Foundation, the blockchain project built on

By Web3 Station 21 May 2023
Vitalik Buterin Raises Concerns About Risks of "Re-staking" for Ethereum Network

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Vitalik Buterin Raises Concerns About Risks of "Re-staking" for Ethereum Network

Ethereum founder Vitalik Buterin has expressed concerns about the complex consensus mechanisms that Ethereum is planning to implement, specifically regarding the Re-staking solution based on its original design. Vitalik Buterin Raises Concerns About Risks of "Re-staking" for Ethereum Network In a recent blog post, Buterin voiced caution regarding

By Web3 Station 21 May 2023
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