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Acala Launches EVM-Compatible Solution for Polkadot Projects

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Acala Launches EVM-Compatible Solution for Polkadot Projects

Acala, a leading DeFi project on Polkadot, has unveiled a new solution to enable Ethereum Virtual Machine (EVM) compatibility for Polkadot projects. On the evening of February 8, Acala (ACA) announced the launch of the Acala EVM+ mainnet, a programming environment compatible with Ethereum Virtual Machine (EVM). This development will

By Web3 Station 07 Feb 2023
Render Network Approves New Mint/Burn Token Model – RNDR Price Surges

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Render Network Approves New Mint/Burn Token Model – RNDR Price Surges

The RNDR token of Render Network, a blockchain-based GPU solution project, has surged by 80% over the past week following the approval of a new mint-and-burn token model. On January 31, Render Network's governance forum approved a proposal for a model balancing the issuance (mint) and destruction (burn)

By Web3 Station 07 Feb 2023
Tech Giant Dell Launches Node on Hedera Network

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Tech Giant Dell Launches Node on Hedera Network

Tech behemoth Dell is set to join the governing council of Hedera, a proof-of-stake blockchain, alongside other industry giants like Google, FIS, and Abrdn. Following its appointment to Hedera Hashgraph's governing council, Dell will launch a consensus node to validate transactions on the Hedera network, while also managing

By Web3 Station 07 Feb 2023
Coinbase Drops Hints About Lens Protocol Token

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Coinbase Drops Hints About Lens Protocol Token

Coinbase has recently made an intriguing revelation about a project speculated by the community to be launching a token: Lens Protocol. Coinbase Drops Hints About Lens Protocol Token On Twitter, numerous tweets have surfaced sharing links and price charts of the Lens Protocol token on Coinbase’s platform. Lens token

By Web3 Station 07 Feb 2023
Chiliz Launches New Layer-1 Blockchain, CHZ Price Soars 20%

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Chiliz Launches New Layer-1 Blockchain, CHZ Price Soars 20%

Chiliz, the fan token project, has officially launched its own blockchain while introducing CHZ staking capabilities. On February 8, Chiliz (CHZ), known for issuing fan tokens for top sports organizations globally, celebrated its 5th anniversary by launching its own blockchain, named Chiliz Chain 2.0. Chiliz Chain 2.0 is

By Web3 Station 07 Feb 2023
Gifto Unveils New Brand – GFT Token Re-Listed on Multiple Exchanges

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Gifto Unveils New Brand – GFT Token Re-Listed on Multiple Exchanges

The GFT token of Gifto has seen a significant surge over the past week following the project's rebranding and re-listing. Gifto Unveils New Brand – GFT Token Re-Listed From GTO to GFT Gifto, initially launched in 2017 by Asia Innovation Group (AIG) and CEO Andy Tian, was previously known

By Web3 Station 07 Feb 2023
Trader Joe Partners with LayerZero to Enable Multichain JOE Token Transfers

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Trader Joe Partners with LayerZero to Enable Multichain JOE Token Transfers

The integration of LayerZero will enable Trader Joe’s JOE token to be seamlessly transferred from its native Avalanche blockchain to Arbitrum and BNB Chain, where the DEX recently expanded its presence. Trader Joe, the leading decentralized exchange (DEX) on Avalanche, has announced a collaboration with cross-chain infrastructure platform LayerZero.

By Web3 Station 06 Feb 2023
AI Tokens Surge Over 50% in the Past Week as Sector Heats Up

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AI Tokens Surge Over 50% in the Past Week as Sector Heats Up

AI tokens are heating up more than ever, with the top 30 tokens in the sector seeing impressive gains recently. The AI sector has captured significant attention following the successful launch of ChatGPT by OpenAI in late November 2022, which received a massive $10 billion investment from Microsoft. Alphabet Inc.

By Web3 Station 06 Feb 2023
Ethereum Name Service (ENS) Community Approves Sale of $16.5 Million in ETH

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Ethereum Name Service (ENS) Community Approves Sale of $16.5 Million in ETH

The Ethereum Name Service (ENS) DAO has approved a proposal to sell 10,000 ETH to fund project operations for the coming months. Updated February 9, 2023: According to blockchain data, on the afternoon of February 9, Ethereum Name Service successfully sold 10,000 ETH at an average price of

By Web3 Station 06 Feb 2023
Aave on Avalanche Integrates Chainlink's Proof of Reserve

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Aave on Avalanche Integrates Chainlink's Proof of Reserve

Chainlink's Proof of Reserve (PoR) feature is now integrated into the Aave lending platform on the Avalanche blockchain. Aave on Avalanche Integrates Chainlink's Proof of Reserve Chainlink's Proof of Reserve system is now live on Aave's Avalanche-based platform, enhancing the on-chain verification

By Web3 Station 06 Feb 2023
OKX's Exchange Token OKB Hits New All-Time High

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OKX's Exchange Token OKB Hits New All-Time High

The OKB token of the OKX exchange has surpassed its previous high from May 2021, reaching a new all-time high (ATH) following a period of increased transparency by OKX. According to CoinMarketCap data, the OKB token peaked at $45.20 on the morning of February 6, 2023, surpassing its previous

By Web3 Station 05 Feb 2023
NFT Exchange X2Y2 Announces "Hold" Ahead of 35 Million Token Unlock

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NFT Exchange X2Y2 Announces "Hold" Ahead of 35 Million Token Unlock

NFT marketplace X2Y2 has declared that it will not sell any X2Y2 tokens during the upcoming unlock phase, leading to a slight increase in the token's price. The unlock schedule will release over 35 million X2Y2 tokens to the market, including 12.5 million tokens for the fund

By Web3 Station 05 Feb 2023
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