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USDC Market Cap Falls by $10 Billion in Two Weeks

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USDC Market Cap Falls by $10 Billion in Two Weeks

The second-largest stablecoin, USDC, has experienced a dramatic $10 billion decline in market capitalization over the past two weeks. Sharp Decline in USDC Market Cap According to CoinGecko data, USDC's market cap plummeted by $10 billion in the last two weeks. The most significant drop occurred between March

By Web3 Station 30 Mar 2023
Bitcoin Hits $29,000 Before Reversing Back to Previous Levels

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Bitcoin Hits $29,000 Before Reversing Back to Previous Levels

The world’s largest cryptocurrency, Bitcoin (BTC), swiftly shook off negative news from Binance to reach a high of $29,000. Price Movements of Major Cryptocurrencies at 10:15 AM on 30/03/2023. Source: Coin360 On the morning of March 30, Bitcoin surged from $28,400 to a new

By Web3 Station 29 Mar 2023
Fetch.ai (FET) Raises Funds at a $250 Million Valuation

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Fetch.ai (FET) Raises Funds at a $250 Million Valuation

Fetch.ai, a blockchain platform integrating artificial intelligence (AI), has achieved a valuation of $250 million following its latest funding round with participation from DWF Labs. Fetch.ai raised $40 million in this funding round, which involved both equity and FET tokens, according to Fetch.ai’s founder and CEO,

By Web3 Station 29 Mar 2023
What Stakers Need to Know About ETH Unlocking Post-Shanghai Upgrade

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What Stakers Need to Know About ETH Unlocking Post-Shanghai Upgrade

With the Ethereum Shanghai upgrade just around two weeks away, not everyone is clear on when ETH stakers will be able to withdraw their assets. Shanghai Upgrade and ETH Unlocking The Shanghai upgrade (also known as Shapella) is scheduled to occur at 05:27:35 AM on April 13 (Vietnam

By Web3 Station 29 Mar 2023
Ronin Network Launches RON Staking and Unveils 5 New Gaming Projects

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Ronin Network Launches RON Staking and Unveils 5 New Gaming Projects

Ronin Network is making a comeback with exciting news: the launch of RON staking and the announcement of five new gaming projects developed on this sidechain. RON Staking Now Available On March 30, Ronin Network (RON), the sidechain developed by Axie Infinity on Ethereum, announced the introduction of staking for

By Web3 Station 29 Mar 2023
Lido to Cease Liquid Staking Services on Polkadot and Kusama Starting August

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Lido to Cease Liquid Staking Services on Polkadot and Kusama Starting August

MixBytes (the team supporting Lido Finance) has announced that its Liquid Staking services on Polkadot and Kusama will officially be discontinued as of August 1, 2023. In the announcement, MixBytes explained that the growth of Liquid Staking on these two networks "did not meet the requirements to justify continued

By Web3 Station 28 Mar 2023
Community Proposes to Retain Goerli Testnet as a Canary Network

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Community Proposes to Retain Goerli Testnet as a Canary Network

GoerliDAO, a newly established decentralized autonomous organization, has proposed retaining Ethereum’s Goerli testnet as a Canary network. Goerli is an Ethereum testnet used by developers worldwide. Its lifecycle has spanned from Q1 2019 to Q4 2023, after which it was scheduled to be deprecated in favor of the Holesovice

By Web3 Station 28 Mar 2023
[Update] Ethereum’s Shanghai Upgrade Set to Launch on April 13

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[Update] Ethereum’s Shanghai Upgrade Set to Launch on April 13

The highly anticipated Shanghai upgrade for the Ethereum network, which will enable the withdrawal of staked ETH, is officially scheduled for April 2023. Shanghai Upgrade Scheduled for April Update on March 29: On the evening of March 28, the Ethereum Foundation team confirmed the launch date for the Shanghai upgrade.

By Web3 Station 28 Mar 2023
Lido Finance to Issue NFTs for ETH Staking Withdrawal

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Lido Finance to Issue NFTs for ETH Staking Withdrawal

Lido Finance users will receive a transferable NFT representing their request to withdraw staked ETH. Lido, the largest decentralized finance protocol by Total Value Locked (TVL), will issue NFTs to represent the ETH that users wish to withdraw from staking. As reported by Coin68, Ethereum’s highly anticipated Shanghai upgrade,

By Web3 Station 28 Mar 2023
USDC Set to Launch on Cosmos Blockchain

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USDC Set to Launch on Cosmos Blockchain

Circle’s USDC, the second-largest stablecoin in the crypto market, is preparing for its launch on the Cosmos blockchain. USDC will soon be available on Cosmos, marking its arrival as the second stablecoin on this chain following the collapse of the algorithmic stablecoin UST. The integration will take place on

By Web3 Station 28 Mar 2023
Sei Network Launches Sei Foundation to Boost Layer-1 Ecosystem Development

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Sei Network Launches Sei Foundation to Boost Layer-1 Ecosystem Development

Sei Network has announced the establishment of the Sei Foundation, a non-profit initiative aimed at advancing the development of its Layer-1 blockchain ecosystem. In an announcement made early on March 29 (Vietnam time), Sei Network unveiled the Sei Foundation, which will spearhead token grants, airdrops, product enhancements, new initiatives, and

By Web3 Station 28 Mar 2023
MicroStrategy Acquires $29.3 Million in Bitcoin, Now Holds Exactly 140,000 BTC

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MicroStrategy Acquires $29.3 Million in Bitcoin, Now Holds Exactly 140,000 BTC

This marks MicroStrategy's second Bitcoin purchase in recent days, bringing the total value to nearly $180 million. MicroStrategy Acquires $29.3 Million in Bitcoin, Now Holds Exactly 140,000 BTC On the evening of April 5, MicroStrategy's Chairman, Michael Saylor, announced that the company had added

By Web3 Station 27 Mar 2023
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