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Avalanche Rolls Out Flexible Staking for Subnet Tokens

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Avalanche Rolls Out Flexible Staking for Subnet Tokens

Avalanche has successfully launched the Banff upgrade, enabling flexible staking with the native tokens of subnets starting today. The Banff upgrade went live today on the Avalanche blockchain. This upgrade allows validators to stake and earn rewards using the native tokens of their respective subnets. ❄️ ❄️ I'm THRILLED to

By Web3 Station 18 Oct 2022
Terra Classic Cuts LUNC Burn Tax from 1.2% to 0.2% Amid Trading Volume Plummet

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Terra Classic Cuts LUNC Burn Tax from 1.2% to 0.2% Amid Trading Volume Plummet

The Terra Classic (LUNC) community has passed a new proposal to reduce the coin burn tax from 1.2% to 0.2% in a bid to encourage users to resume trading. On October 18, Terra Classic (LUNC)—a remnant of the former Terra (LUNA)—approved Proposal 5234, which lowers the

By Web3 Station 18 Oct 2022
Memecoin THE Surges After Vitalik Buterin’s “Joke” Tweet

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Memecoin THE Surges After Vitalik Buterin’s “Joke” Tweet

A humorous tweet by Vitalik Buterin has sparked a frenzy around a new memecoin called THE, which has recently made waves on Uniswap. On October 14, Ethereum co-founder Vitalik Buterin tweeted that a project named “THE Protocol” would be easy to “shill” due to the common use of the word

By Web3 Station 18 Oct 2022
Aptos (APT) Mainnet Launch: Immediate Backlash and Controversy

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Aptos (APT) Mainnet Launch: Immediate Backlash and Controversy

Aptos (APT), a highly anticipated blockchain project in recent months, officially launched its mainnet in the early hours of October 18. Aptos Mainnet Launch: Immediate Backlash In a blog post on October 18, Aptos announced the successful deployment of its blockchain mainnet after four years of development. As previously explained

By Web3 Station 17 Oct 2022
Ethereum’s Shanghai Upgrade: Testnet Live for ETH 2.0 Staking Withdrawals

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Ethereum’s Shanghai Upgrade: Testnet Live for ETH 2.0 Staking Withdrawals

On October 15, Ethereum developers announced the launch of the Shandong testnet, which will facilitate testing for the Shanghai upgrade. Shanghai is the next major upgrade for Ethereum following The Merge, which transitioned the consensus mechanism from Proof-of-Work to Proof-of-Stake. While there’s no specific release date yet, developers have

By Web3 Station 17 Oct 2022
Optimism Unveils OP Stack and Ambitions to Become a "Superchain"

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Optimism Unveils OP Stack and Ambitions to Become a "Superchain"

This morning (October 18), Optimism introduced a new scaling framework known as OP Stack. On its official Twitter account, Optimism announced its latest solution with the ambition of transforming the platform into a “Superchain.” Our #1 priority today remains shipping the Bedrock upgrade to mainnet. But—the OP Stack opens

By Web3 Station 17 Oct 2022
Aptos (APT) Reveals Tokenomics

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Aptos (APT) Reveals Tokenomics

After much speculation, the Aptos team has finally unveiled the tokenomics and detailed information about the upcoming APT coin, which is set to be listed on exchanges soon. The most anticipated news on October 18, 2022, is undoubtedly the announcement from Aptos blockchain about its mainnet launch, the introduction of

By Web3 Station 17 Oct 2022
68 Trading Plan (17/10 – 23/10/2022): Waiting for Better Opportunities!

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68 Trading Plan (17/10 – 23/10/2022): Waiting for Better Opportunities!

Last week, BTC experienced a sharp dump following the CPI news, aligning with our trading plan. If you managed to execute buy orders, you likely saw some profit. If not, don’t worry; opportunities will still be there. In today’s post, we’ll continue to develop our trading strategy

By Web3 Station 15 Oct 2022
Binance USD (BUSD) Supply and Market Share Hit All-Time Highs

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Binance USD (BUSD) Supply and Market Share Hit All-Time Highs

Both the total supply and market share of Binance USD (BUSD) have recently reached historic highs in the stablecoin sector. Statistics show that since late September 2022, the market capitalization of Binance USD (BUSD) has surpassed $20 billion for the first time and is currently stabilizing around $21.6 billion.

By Web3 Station 15 Oct 2022
Mango Markets Offers $47 Million Bounty to Attacker

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Mango Markets Offers $47 Million Bounty to Attacker

Mango Markets, a derivatives trading platform, is set to approve the highest bug bounty reward in crypto history following an attack earlier this week. Update as of October 16: By the early hours of October 16, Mango Markets announced that it had reached an agreement with the attacker and successfully

By Web3 Station 14 Oct 2022
Cosmos Discovers Major Vulnerability Affecting All Blockchains Using IBC

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Cosmos Discovers Major Vulnerability Affecting All Blockchains Using IBC

Cosmos developers have announced that they have identified a severe security vulnerability affecting all blockchains utilizing their Inter-Blockchain Communication (IBC) protocol. 1-hour ATOM/USDT Chart on Binance at 08:25 PM on October 14, 2022 On the evening of October 13, Cosmos founder Ethan Buchman revealed that the project discovered

By Web3 Station 13 Oct 2022
Bitcoin Bounces Back to $20,000 Despite US CPI Data

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Bitcoin Bounces Back to $20,000 Despite US CPI Data

The world’s largest cryptocurrency, Bitcoin, has unexpectedly surged back to $20,000, despite initially being heavily impacted by the latest US Consumer Price Index (CPI) data. As reported by Coin68, on the evening of October 13, the US released its CPI data for September. Although the CPI showed a

By Web3 Station 13 Oct 2022
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