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Vitalik Buterin Speaks Out on DeFi Legal Issues

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Vitalik Buterin Speaks Out on DeFi Legal Issues

Ethereum founder Vitalik Buterin has weighed in on the ongoing debates surrounding DeFi regulation, a topic that has sparked considerable controversy recently. Vitalik Buterin Addresses DeFi Legal Issues Amid discussions about regulatory frameworks to oversee the DeFi sector, Vitalik Buterin, one of the most influential figures in the crypto space,

By Web3 Station 31 Oct 2022
Shitcoins Sprout Like “Mushrooms After Rain” Following Elon Musk's Halloween Post

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Shitcoins Sprout Like “Mushrooms After Rain” Following Elon Musk's Halloween Post

According to recent statistics, over 169 new dog-themed shitcoins have emerged following Elon Musk’s Halloween tweet, most of which have experienced significant declines. A flurry of new “dog coins” appeared on November 1st, following a Twitter post by billionaire Elon Musk. Specifically, on the afternoon of November 1st (Vietnam

By Web3 Station 31 Oct 2022
Tether (USDT) Under New U.S. Investigation, Bitcoin (BTC) Drops Slightly

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Tether (USDT) Under New U.S. Investigation, Bitcoin (BTC) Drops Slightly

The stablecoin Tether (USDT) has once again become the center of attention as it faces renewed scrutiny from U.S. authorities. Tether (USDT) Under New U.S. Investigation, Bitcoin (BTC) Drops Slightly On the evening of October 31, Bloomberg reported that the U.S. Department of Justice is set to

By Web3 Station 30 Oct 2022
HUSD Loses 72% of Its Value After Delisting from Huobi

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HUSD Loses 72% of Its Value After Delisting from Huobi

Once-popular stablecoin HUSD has seen a dramatic decline, plummeting from its peg of $1 to a low of $0.28 following Huobi's announcement of its delisting of the 'homegrown' stablecoin on Friday, October 28. HUSD Price Fluctuations Over the Last 7 Days, Data from CoinMarketCap at

By Web3 Station 30 Oct 2022
Tether (USDT) Faces New U.S. Investigation, Bitcoin (BTC) Sees Minor Dip

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Tether (USDT) Faces New U.S. Investigation, Bitcoin (BTC) Sees Minor Dip

The stablecoin Tether (USDT) has once again become the focus of market attention as it is reportedly under new legal scrutiny from U.S. authorities. On the evening of October 31, Bloomberg reported that the U.S. Department of Justice is preparing to launch a new investigation into Tether (USDT)

By Web3 Station 30 Oct 2022
zkSync Launches “Baby Alpha” Testnet for Mainnet 2.0

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zkSync Launches “Baby Alpha” Testnet for Mainnet 2.0

On the evening of October 28, zkSync, the layer-2 scaling solution for Ethereum, announced the rollout of its next testnet phase, named “Baby Alpha.” Matter Labs, the team behind zkSync, recently unveiled “Baby Alpha,” the next iteration of its mainnet 2.0 testing phase. Read More: [zkSync Airdrop Guide: Get

By Web3 Station 28 Oct 2022
FTX Prepares to Enter the "Exchange Stablecoin" Battle

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FTX Prepares to Enter the "Exchange Stablecoin" Battle

In an interview with The Big Whale, FTX CEO Sam Bankman-Fried (SBF) revealed that the exchange is exploring the creation of its own stablecoin. Update, October 28, 2022: Early on October 28, FTX CEO Sam Bankman-Fried took to Twitter to clarify his previous remarks about the potential stablecoin project. Eh

By Web3 Station 27 Oct 2022
THORChain Experiences Outage Due to Unspecified Error

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THORChain Experiences Outage Due to Unspecified Error

THORChain is currently experiencing a halt in operations due to an unspecified error, though it has been confirmed that liquidity is not affected, according to the project’s announcement. THORChain (RUNE), a blockchain built on Cosmos for cross-chain liquidity provision, has been temporarily suspended since early October 28 due to

By Web3 Station 27 Oct 2022
Dogecoin (DOGE) Surges as Elon Musk Nears Completion of Twitter Acquisition

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Dogecoin (DOGE) Surges as Elon Musk Nears Completion of Twitter Acquisition

The price of Dogecoin (DOGE) surged by 16% following news that Elon Musk visited Twitter's headquarters in San Francisco. In the early hours of October 27, billionaire Elon Musk shared a video showing him at Twitter's San Francisco headquarters, holding a sink. Musk also updated his

By Web3 Station 26 Oct 2022
Bitcoin $20k4, Ethereum $1k5 – Crypto Market Surges Ahead of Key US Macro News

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Bitcoin $20k4, Ethereum $1k5 – Crypto Market Surges Ahead of Key US Macro News

The cryptocurrency market experienced a strong surge early on October 26, ahead of the Federal Reserve's interest rate decision set for early November. On the night of October 25 and early morning of October 26, the crypto market saw a surprising breakout, ending a nearly three-week period of

By Web3 Station 25 Oct 2022
Sui Foundation Launches Developer Grant Program with Additional Rewards in SUI

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Sui Foundation Launches Developer Grant Program with Additional Rewards in SUI

The Sui Foundation has introduced its Developer Grant Program, offering up to $100,000 in funding and additional rewards in SUI tokens. The Sui Foundation is seeking developers to build applications on the Sui blockchain. This initiative aims to advance Web3 and provide funding to developers, thereby shaping the future

By Web3 Station 25 Oct 2022
NEAR Protocol's USN Stablecoin Ceases Operations Permanently

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NEAR Protocol's USN Stablecoin Ceases Operations Permanently

The issuer of the USN stablecoin for NEAR Protocol has announced it will cease operations permanently due to the declining value of NEAR. On the evening of October 24, Decentral Bank, the issuer of the USN stablecoin on NEAR Protocol, unexpectedly announced the permanent shutdown of the project. As reported

By Web3 Station 24 Oct 2022
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