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Moonbeam Faces Outage, Halts Block Production for 4 Hours

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Moonbeam Faces Outage, Halts Block Production for 4 Hours

Moonbeam (GLMR), a smart contract parachain on Polkadot, recently experienced an outage that halted block production for over 4 hours. Moonbeam Faces Outage, Halts Block Production for 4 Hours On the evening of April 5, Moonbeam (GLMR) was reported to have stopped generating new blocks, causing a 4-hour and 13-minute

By Web3 Station 05 Apr 2023
Solana Unveils State Compression Feature to Optimize Data Storage

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Solana Unveils State Compression Feature to Optimize Data Storage

Solana has recently introduced a new feature, State Compression, aimed at reducing the on-chain data load and enhancing long-term performance for the platform. Jon Wong, Head of Engineering at Solana Foundation, has announced the rollout of State Compression to the ecosystem. This solution is designed to minimize on-chain data storage,

By Web3 Station 05 Apr 2023
Mystery Surrounds Dogecoin Wallet Suspected to Belong to Elon Musk

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Mystery Surrounds Dogecoin Wallet Suspected to Belong to Elon Musk

After Twitter unexpectedly changed its logo to the Shiba Inu dog representing Dogecoin (DOGE), the crypto community's attention has turned to a mysterious wallet that once held a staggering $24 billion worth of the cryptocurrency. Mystery Surrounds $24 Billion Dogecoin Wallet Suspected to Belong to Elon Musk As

By Web3 Station 04 Apr 2023
Ethereum (ETH) Surges Past $1,900 Ahead of Shanghai Upgrade

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Ethereum (ETH) Surges Past $1,900 Ahead of Shanghai Upgrade

Ethereum (ETH), the world’s second-largest cryptocurrency, has seen a significant surge, reaching $1,925 on the morning of April 5. Ethereum (ETH) Surges Past $1,900 Ahead of Shanghai Upgrade On April 5, Ethereum (ETH) experienced a sharp spike, climbing from $1,870 to $1,925, and is currently

By Web3 Station 04 Apr 2023
Twitter Swaps Logo for Dogecoin, DOGE Price Skyrockets

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Twitter Swaps Logo for Dogecoin, DOGE Price Skyrockets

In a surprising move, Twitter has replaced its iconic blue bird logo with the Dogecoin (DOGE) emblem, the favorite cryptocurrency of billionaire Elon Musk. Twitter Swaps Logo for Dogecoin, DOGE Price Skyrockets In the early hours of April 4th, Twitter users worldwide noticed that the social media platform’s logo

By Web3 Station 03 Apr 2023
Aleo Blockchain to Launch Mainnet in July

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Aleo Blockchain to Launch Mainnet in July

Aleo (ALEO), a blockchain project utilizing Zero-Knowledge Proof (ZKP) technology, has announced its mainnet launch schedule and introduced the details of its Phase 3 testnet. According to the latest update on their website, Aleo has concluded Phase 2 of its testnet with notable achievements. The project has now set its

By Web3 Station 03 Apr 2023
Summary of the Drama Surrounding Arbitrum Foundation

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Summary of the Drama Surrounding Arbitrum Foundation

On April Fool's Day (April 1), the DeFi community was abuzz with the proposal AIP-1 from Arbitrum Foundation. However, the community soon discovered significant ARB token transfers to centralized exchanges (CEXs). What exactly happened, and what’s the truth behind this drama? The AIP-1 Proposal Controversy: According to

By Web3 Station 02 Apr 2023
[Update] zkSync Era Experiences Outage, No New Blocks for Past 3 Hours

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[Update] zkSync Era Experiences Outage, No New Blocks for Past 3 Hours

Data from the zkSync Era Block Explorer—an essential tool for monitoring zkSync activity—shows that the blockchain has not been producing new blocks for the past 3 hours. Update as of April 3: The zkSync Era network has returned to normal operation after a 4-hour disruption. The project explained

By Web3 Station 02 Apr 2023
Arbitrum Foundation Compromises, Pledges Not to Sell ARB Tokens in the Short Term

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Arbitrum Foundation Compromises, Pledges Not to Sell ARB Tokens in the Short Term

The controversy surrounding the Arbitrum Foundation's sale of ARB tokens without community approval is nearing a resolution. The Arbitrum Foundation has decided to compromise, promising to hold an independent vote to determine the future use of the funds. Arbitrum Foundation Compromises, Pledges Not to Sell ARB Tokens in

By Web3 Station 02 Apr 2023
After Backlash, What Are the Arbitrum (ARB) Whales Doing?

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After Backlash, What Are the Arbitrum (ARB) Whales Doing?

Despite the controversy surrounding Arbitrum's proposal and the resulting drop in ARB prices, most whales holding the token remain inactive. Drama Causes ARB Price Decline As reported by Coin68, the past weekend was tumultuous for the DeFi community following a new decision from the Arbitrum Foundation. The situation

By Web3 Station 02 Apr 2023
17 Noteworthy Token Unlocks in April 2023

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17 Noteworthy Token Unlocks in April 2023

According to Token Unlocks, the largest token release in April 2023 will come from BitDAO, with nearly 1 billion BIT set to be unlocked. Total Unlocks and Key Releases A total of 17 token unlocks, worth over $330 million, are scheduled for April, based on Token Unlocks data. Among these,

By Web3 Station 02 Apr 2023
US Government Admits to Selling 9,800 Bitcoin, Plans to Liquidate Another $1.1 Billion in BTC

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US Government Admits to Selling 9,800 Bitcoin, Plans to Liquidate Another $1.1 Billion in BTC

The US Department of Justice has revealed that it sold a portion of the massive Bitcoin seizure from the Silk Road dark web marketplace crackdown and plans to liquidate an additional 41,500 BTC. US Sells 9,861 BTC, More to Come In a press release dated March 31, the

By Web3 Station 31 Mar 2023
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