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Ethereum Adds 8 Proposals for Shanghai Upgrade

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Ethereum Adds 8 Proposals for Shanghai Upgrade

On November 24th, the Ethereum development team announced the inclusion of eight new Ethereum Improvement Proposals (EIPs) in the upcoming Shanghai upgrade. This upgrade will follow The Merge and transition Ethereum, the world’s second-largest blockchain, to a Proof-of-Stake mechanism. The new features will be part of the hard fork

By Web3 Station 24 Nov 2022
Two Cardano Projects Shut Down

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Two Cardano Projects Shut Down

Ardana (DANA) Halts Development Ardana, a promising decentralized finance (DeFi) project on the Proof-of-Stake Cardano (ADA) blockchain, has announced its shutdown. “Hello Ardana community, Unfortunately, due to recent developments regarding funding and project timeline uncertainty, the Ardana project has had to come to a halt. Our code will remain open

By Web3 Station 24 Nov 2022
ApeCoin Blocks North American Users from Upcoming APE Staking Product

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ApeCoin Blocks North American Users from Upcoming APE Staking Product

In its latest project update, ApeCoin has revealed details about the upcoming launch of ApeStake.io – a platform where users can stake APE tokens to earn rewards. Participants will be able to start earning rewards a week after the launch on December 12, 2022. However, the announcement includes a notable

By Web3 Station 24 Nov 2022
What’s Next for the Solana Ecosystem After FTX's Collapse?

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What’s Next for the Solana Ecosystem After FTX's Collapse?

Update as of November 25: As of the morning of November 22, the Solana Foundation provided the latest update on their exposure to the collapse of FTX. Solana Foundation stated that ~3.24m shares of FTX Trading LTD common stock ~3.43m FTT tokens ~134.54m SRM tokens cannot be

By Web3 Station 24 Nov 2022
Chainlink (LINK) Launches Economics 2.0 and Staking v0.1

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Chainlink (LINK) Launches Economics 2.0 and Staking v0.1

Chainlink (LINK) has announced the launch of its Staking v0.1 beta program on the Ethereum mainnet, scheduled for December 6th. #Chainlink Staking v0.1 Early Access launches on Ethereum mainnet December 6th at 12PM ET. This blog update covers: • Pool design • Alerting mechanism • Auto-Delegation • Staking rewards • Reputation system And

By Web3 Station 23 Nov 2022
Binance Delists Serum (SRM) Trading Pairs

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Binance Delists Serum (SRM) Trading Pairs

Binance, the leading global cryptocurrency exchange, has announced the delisting of Serum (SRM) trading pairs effective November 28th. The affected pairs include SRM/BNB, SRM/BTC, and SRM/USDT. Alongside these, the exchange will also delist ARK/BTC, BEAM/BTC, BTCST/BTC, BTCST/USDT, GTO/BTC, GTO/USDT, MITH/BTC,

By Web3 Station 23 Nov 2022
Cardano (ADA) to Launch Algorithmic Stablecoin in Early

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Cardano (ADA) to Launch Algorithmic Stablecoin in Early

Cardano (ADA) to Launch Algorithmic Stablecoin in Early 2023 Cardano (ADA) is set to unveil its first algorithmic stablecoin, Djed, and integrate it with 40 applications within the Cardano ecosystem starting January next year. It's official! $Djed will launch on the Cardano Mainnet in January 2023! 🚀$Coti $Ada

By Web3 Station 21 Nov 2022
68 Trading Plan (11/21 – 11/27/2022) – Continued Waiting

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68 Trading Plan (11/21 – 11/27/2022) – Continued Waiting

Review of Last Week’s Trades DYDX 1D Chart of DYDX/USDT on Binance Futures, Screenshot from TradingView on the evening of 11/20/2022 The price subsequently retraced (1H frame) back to the entry point, and if you followed the plan, profits ranged from approximately 15% to 25% depending

By Web3 Station 19 Nov 2022
Cardano (ADA) Prepares to Launch New Blockchain and Token

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Cardano (ADA) Prepares to Launch New Blockchain and Token

Input Output Global (IOG), the company behind the Cardano blockchain, is set to launch a new privacy-focused blockchain named Midnight, along with its accompanying token. Hello Midnight https://t.co/Dy3BK45qUs welcome to Cardano — Charles Hoskinson (@IOHK_Charles) November 18, 2022 According to information listed on their website, Midnight is

By Web3 Station 18 Nov 2022
Tether Moves $1 Billion USDT from Solana to Ethereum

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Tether Moves $1 Billion USDT from Solana to Ethereum

On the evening of November 19, stablecoin issuer Tether announced a significant move: transferring $1 billion USDT from the Solana blockchain to Ethereum. Tether emphasized that this transfer is merely a change of blockchain for USDT and will not impact the overall supply of the stablecoin. Graphic showing the USDT

By Web3 Station 18 Nov 2022
Grayscale's GBTC Shares Hit Record 43% Discount to Bitcoin

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Grayscale's GBTC Shares Hit Record 43% Discount to Bitcoin

The GBTC (Grayscale Bitcoin Trust) shares have reached a historic low, trading at a 43% discount to Bitcoin, following news that Genesis Trading, a sibling company of Grayscale, has halted withdrawals due to its exposure to the FTX collapse. According to data from yCharts, the discount between GBTC shares and

By Web3 Station 18 Nov 2022
Sui Network – Meta's "Alumni" Blockchain – Launches Testnet

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Sui Network – Meta's "Alumni" Blockchain – Launches Testnet

Sui Network, a layer-1 blockchain created by former Meta (formerly Facebook) employees, has officially launched its testnet. Testnet Wave 1 is designed for validators and all nodes, serving as a "rehearsal" environment to enhance decentralization, address issues, and identify a core group of experienced node operators for deployment,

By Web3 Station 17 Nov 2022
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