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Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System

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Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System

Avalanche has upgraded its software to “Banff 5” to support Avalanche Warp Messaging, enabling seamless communication and data sharing between subnets. Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System In a recent announcement, Avalanche's development team revealed the upgrade of AvalancheGo, their blockchain implementation software written in

By Web3 Station 22 Dec 2022
Who Is Behind the Ankr Hack?

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Who Is Behind the Ankr Hack?

Blockchain infrastructure provider Ankr is collaborating with law enforcement to pursue the attacker responsible for the hack earlier this month. A former employee of the DeFi protocol Ankr maliciously orchestrated the attack on December 2, resulting in approximately $5 million in damages, according to a statement released on Ankr’s

By Web3 Station 21 Dec 2022
Polygon's zkEVM Enters Second Public Testnet Phase

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Polygon's zkEVM Enters Second Public Testnet Phase

Polygon's zkEVM has entered its second public testnet phase, marking a crucial step before its official mainnet launch. Polygon's zkEVM Moves to Second Public Testnet Polygon’s layer-2 solution for Ethereum has transitioned to its second public testnet, following the impressive launch of its first public

By Web3 Station 21 Dec 2022
Twitter Displays BTC and ETH Price Charts in Search Results

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Twitter Displays BTC and ETH Price Charts in Search Results

Social media platform Twitter now shows BTC and ETH price charts whenever users search for "Bitcoin" or "Ethereum." Twitter Displays BTC and ETH Price Charts in Search Results Keywords like "$Bitcoin," "BTC price," and "Bitcoin price" will also trigger price

By Web3 Station 21 Dec 2022
Dogecoin (DOGE) Drops 10% After Twitter Users Vote for Elon Musk to Step Down

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Dogecoin (DOGE) Drops 10% After Twitter Users Vote for Elon Musk to Step Down

Despite a recent drop in value over the past 24 hours due to Elon Musk, Dogecoin's (DOGE) market cap remains higher than that of Coinbase. Update - December 21, 2022: On the morning of December 21, Elon Musk officially addressed the results of the "trust" vote

By Web3 Station 19 Dec 2022
Over 100 Bitcoin Mysteriously Moved from QuadrigaCX Cold Wallet After Three Years of Dormancy

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Over 100 Bitcoin Mysteriously Moved from QuadrigaCX Cold Wallet After Three Years of Dormancy

Over 100 Bitcoin (BTC) associated with the now-defunct Canadian exchange QuadrigaCX was unexpectedly moved from the exchange's cold wallet over the past weekend. Update as of December 21: In an interview with CoinDesk, EY – the auditing firm responsible for QuadrigaCX's assets – confirmed awareness of the “unauthorized”

By Web3 Station 19 Dec 2022
Mojito Markets Abruptly Suspends Operations Due to FTX Collapse

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Mojito Markets Abruptly Suspends Operations Due to FTX Collapse

Mojito Markets, a decentralized exchange that launched the first IDO on the Aptos ecosystem, has unexpectedly announced a suspension of its operations. In a statement released early on December 20, Mojito Markets revealed that the collapse of FTX had significantly impacted the project in multiple ways. The majority of the

By Web3 Station 19 Dec 2022
Waves Plans New Stablecoin to Address USDN Depeg Issue

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Waves Plans New Stablecoin to Address USDN Depeg Issue

Waves (WAVES) founder Sasha Ivanov is set to address the ongoing depeg issue with the USDN stablecoin by launching a new stablecoin. As reported by Coin68, Waves (WAVES) received a warning from cryptocurrency exchanges earlier in December due to concerns about the USDN stablecoin's persistent depeg over the

By Web3 Station 19 Dec 2022
BitDAO Considers Buying Back $100 Million in BIT Tokens

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BitDAO Considers Buying Back $100 Million in BIT Tokens

BitDAO, the decentralized autonomous organization backed by Bybit, is evaluating a proposal to buy back $100 million worth of its own BIT tokens. On December 19, a new proposal was submitted to BitDAO, recommending the allocation of 100 million USDT to repurchase BIT tokens from the market. The buyback process

By Web3 Station 19 Dec 2022
Argentina Fan Token Drops Over 62% After FIFA World Cup Victory

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Argentina Fan Token Drops Over 62% After FIFA World Cup Victory

Despite Argentina officially clinching the FIFA World Cup 2022 title, the fan token for the national team, ARG, has plummeted by more than 62% compared to 24 hours ago. Despite the historic achievement for the South American nation, Argentina's fan token, ARG, is trending downward. From a peak

By Web3 Station 18 Dec 2022
Bitcoin Whale Sell-Off in November 2022 Sets New Record

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Bitcoin Whale Sell-Off in November 2022 Sets New Record

Bitcoin whales—investors holding the largest amounts of Bitcoin in the market—have sold off the highest volume of BTC ever recorded over the past 30 days. According to blockchain analytics platform Glassnode, Bitcoin whales sold a total of 280,000 BTC within the past month. BTC Holdings by Whale

By Web3 Station 18 Dec 2022
68 Trading Plan (December 19, 2022 – December 25, 2022) – When Will the Bottom Be?

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68 Trading Plan (December 19, 2022 – December 25, 2022) – When Will the Bottom Be?

Hey everyone, last week was challenging for all of us, with many "bull traps" followed by sharp declines and sideways movement. Let’s review the past week’s trading and plan for the upcoming one! 68 Trading Plan (December 19, 2022 – December 25, 2022) – When Will the Bottom

By Web3 Station 17 Dec 2022
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