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StarkWare Chooses Chainlink as Oracle Provider for StarkNet

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StarkWare Chooses Chainlink as Oracle Provider for StarkNet

StarkWare will join Chainlink's SCALE program, making the leading oracle provider the data source for the upcoming StarkNet layer-2 zk-Rollups. StarkWare, a company specializing in Ethereum scaling solutions, has announced a partnership with Chainlink, designating the oracle provider as the data supplier for StarkNet, the forthcoming layer-2 zk-Rollups

By Web3 Station 05 Feb 2023
68 Trading Plan (02/06 – 02/12/2023) – Will BTC Enter a Correction?

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68 Trading Plan (02/06 – 02/12/2023) – Will BTC Enter a Correction?

After a robust 40% rally in January 2023, is it time for Bitcoin (BTC) to enter a correction phase? Let’s dive into the technical analysis for the crypto market for the upcoming week with 68 Trading! Review of Last Week’s Trading Plan Review: 68 Trading Plan (01/30

By Web3 Station 04 Feb 2023
Billionaire Investor Ray Dalio Still Not a Fan of Bitcoin

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Billionaire Investor Ray Dalio Still Not a Fan of Bitcoin

While still not convinced by Bitcoin, billionaire investor Ray Dalio believes a cryptocurrency with anti-inflation properties could have greater potential. Ray Dalio, the billionaire founder of Bridgewater Associates, has maintained his critical stance on the world’s largest cryptocurrency, Bitcoin. In a recent interview with CNBC, Dalio commented: “[Bitcoin] is

By Web3 Station 03 Feb 2023
Bitcoin Surges Past $24,200 Following Fed's Rate Hike Announcement

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Bitcoin Surges Past $24,200 Following Fed's Rate Hike Announcement

Bitcoin has reached its highest value since August 2022 following the Federal Reserve's announcement of a 0.25% interest rate hike. Fed Slows Rate Hikes As reported by Coin68, on the early morning of February 2, the Federal Reserve (Fed) announced its latest interest rate adjustment, increasing the

By Web3 Station 01 Feb 2023
Stargate Finance (STG) to Reissue All Tokens Following FTX Hack

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Stargate Finance (STG) to Reissue All Tokens Following FTX Hack

Cross-chain bridge protocol Stargate Finance has announced plans to reissue all STG tokens in response to the FTX hack and its ties with Alameda Research, leading to a significant surge in STG’s price. According to a proposal posted early on February 2, Stargate Finance (STG) will reissue all STG

By Web3 Station 01 Feb 2023
17 Noteworthy Token Unlocks in February 2023

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17 Noteworthy Token Unlocks in February 2023

In February 2023, 17 projects, including 1inch, Tornado Cash, Moonbeam, ApeCoin, and Aptos, will unlock a portion of their tokens. The total value of tokens set to be unlocked this February amounts to $588.4 million, according to Token Unlocks. Among these, 1inch, Moonbeam, Aptos, ApeCoin, and Tornado Cash are

By Web3 Station 01 Feb 2023
Optimism Proposes Bedrock Upgrade for Community Review, OP Price Hits New ATH

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Optimism Proposes Bedrock Upgrade for Community Review, OP Price Hits New ATH

The Ethereum Layer-2 protocol, Optimism, is in the final stages of preparing to launch its significant upgrade, Bedrock. On the morning of February 2, the layer-2 project Optimism (OP) announced that it has submitted the Bedrock upgrade proposal to the Token House governance board for review, as part of its

By Web3 Station 01 Feb 2023
Billionaire Charlie Munger Calls for Total Crypto Ban in the U.S.

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Billionaire Charlie Munger Calls for Total Crypto Ban in the U.S.

Charlie Munger, Vice Chairman of Berkshire Hathaway and a long-time critic of Bitcoin, has recently called for the United States to follow China's lead and impose a complete ban on cryptocurrencies. In a recent op-ed for the Wall Street Journal, investing mogul Charlie Munger argued that the rise

By Web3 Station 01 Feb 2023
Bitcoin Network Records 4 MB Block Due to… NFTs

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Bitcoin Network Records 4 MB Block Due to… NFTs

The Bitcoin network has just recorded a massive 4 MB transaction block—four times the usual limit—due to the recent NFT craze. As previously reported by Coin68, the Bitcoin community has been debating the network's primary use case—whether it should remain a payment system or expand

By Web3 Station 01 Feb 2023
Axie Infinity Launches In-Game Asset Lending

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Axie Infinity Launches In-Game Asset Lending

Axie Infinity players can now borrow up to 30% of their digital assets' value and earn rewards through staking. According to an announcement made on February 2, Ronin Network has partnered with lending company MetaLend to facilitate in-game asset loans for its users. 1/ @MetaLend_DeFi has deployed on

By Web3 Station 01 Feb 2023
Ethereum Prepares Testnet for ETH Staking Withdrawals

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Ethereum Prepares Testnet for ETH Staking Withdrawals

To test the upcoming Shanghai hard fork scheduled for March, Ethereum developers are launching a testnet that will simulate ETH staking withdrawals. Update on February 7, 2023: Around 10:00 PM on February 7, Ethereum developers announced the successful testing of the Shanghai hard fork on the Zhejiang testnet, including

By Web3 Station 31 Jan 2023
dYdX Users Traded $466 Billion in 2022

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dYdX Users Traded $466 Billion in 2022

dYdX, one of the leading derivatives exchanges, had a notably successful year in 2022. But what were the driving factors? According to the annual report released by the dYdX Foundation on January 31, the platform saw a cumulative trading volume of $466.3 billion and fee revenue of $137.8

By Web3 Station 31 Jan 2023
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