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SEC vs. Ripple: Lawsuit May Reach a Swift Resolution Due to Mutual Impatience

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SEC vs. Ripple: Lawsuit May Reach a Swift Resolution Due to Mutual Impatience

The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs seems to be approaching a potential resolution, according to recent developments from both sides. The SEC sued Ripple Labs, along with executives Brad Garlinghouse and Chris Larsen, in December 2020. The lawsuit alleges that Ripple

By Web3 Station 18 Sep 2022
Coin98 Launches CUSD Stablecoin to Boost Cross-Chain Liquidity

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Coin98 Launches CUSD Stablecoin to Boost Cross-Chain Liquidity

On schedule, on September 19, the DeFi platform Coin98 Super App unveiled its latest product: the Coin98 Dollar (CUSD) stablecoin. Coin98 Dollar (CUSD) is a decentralized stablecoin branded by Coin98 Super App, a leading DeFi application in the crypto space. Known within the Vietnamese crypto community, the project’s founders

By Web3 Station 18 Sep 2022
Binance Expands BUSD Influence to Avalanche and Polygon

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Binance Expands BUSD Influence to Avalanche and Polygon

In a notable move within the stablecoin market, Binance has announced support for BUSD on new networks. On September 19, Binance announced that it will now support BUSD deposits and withdrawals on the Avalanche and Polygon networks. Importantly, this support includes native BUSD, marking a significant step in expanding the

By Web3 Station 18 Sep 2022
Nitro – Layer-2 Solution for Solana Launches

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Nitro – Layer-2 Solution for Solana Launches

As competition among Layer-1 blockchains intensifies, finding solutions to scale blockchain networks, speed up transaction processing, and reduce transaction fees has become crucial. Solana, known for its reputation of being "fast and cheap," has faced some challenges. Recognizing the need for additional support, Solana has announced the launch

By Web3 Station 16 Sep 2022
Ethereum (ETH) Loses 12% of Its Value Post-The Merge

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Ethereum (ETH) Loses 12% of Its Value Post-The Merge

The second-largest cryptocurrency, Ethereum (ETH), has experienced a significant drop over the past 12 hours following the successful implementation of The Merge. Price Volatility of Major Cryptocurrencies as of 09:25 AM on September 16, 2022. Source: Coin360 On the morning of September 16, ETH’s price dipped to $1,

By Web3 Station 15 Sep 2022
Do Ethereum Forks Have the Potential the Community Thinks They Do? What Miners Really Want

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Do Ethereum Forks Have the Potential the Community Thinks They Do? What Miners Really Want

Ethereum remains a hot topic in the crypto community after The Merge, as this historic upgrade has inadvertently sparked an intriguing chain-split battle. Do Ethereum Forks Have Staying Power in the Market – What Are Miners Really After? Despite a surge in coins that share Ethereum’s mining algorithm following The

By Web3 Station 15 Sep 2022
BNB Chain Partners with Google Cloud to Boost Web3

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BNB Chain Partners with Google Cloud to Boost Web3

BNB Chain has announced a collaboration with Google Cloud to provide infrastructure and advisory support to early-stage Web3 and blockchain startups. BNB Chain Collaborates with Google Cloud to Advance Web3 As of September 14th, projects on the BNB Chain can now access Google Cloud's infrastructure, including on-chain data

By Web3 Station 14 Sep 2022
Coins Mining on the Same Algorithm as ETH Surge – Is the Merge Battle Still Ongoing?

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Coins Mining on the Same Algorithm as ETH Surge – Is the Merge Battle Still Ongoing?

The most significant upgrade in Ethereum’s history, The Merge, has officially been activated, sparking the most intense “battle” in the Ether ecosystem ever seen. The Unexpected Reversal At 1:44 PM on September 15, The Merge was successfully executed by the Ethereum team, marking a new chapter for ETH’

By Web3 Station 14 Sep 2022
Bitcoin Drops Below $20k as Market Reverts to Pre-CPI Levels

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Bitcoin Drops Below $20k as Market Reverts to Pre-CPI Levels

In the 12 hours following the latest U.S. Consumer Price Index (CPI) release, the cryptocurrency market has continued to plunge, reverting to price levels from a week ago. Top Crypto Price Movements at 08:00 AM on 14/09/2022. Source: Coin360 As reported by Coin68, on the evening

By Web3 Station 13 Sep 2022
Bitcoin Mining Difficulty Hits New ATH After Four Consecutive Increases

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Bitcoin Mining Difficulty Hits New ATH After Four Consecutive Increases

In the latest adjustment, Bitcoin’s mining difficulty surged by 3.45%, setting a new all-time high. Bitcoin Mining Difficulty (Yellow) and BTC Price (Black). Source: Glassnode The mining difficulty for Bitcoin increased by 3.45% in the adjustment on September 14, surpassing the previous peak set in May 2022,

By Web3 Station 13 Sep 2022
Largest Ethereum Mining Pool Ethermine Stops Supporting ETH Mining Post-Merge

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Largest Ethereum Mining Pool Ethermine Stops Supporting ETH Mining Post-Merge

Ethermine, the leading Ethereum mining pool globally (accounting for over 27% of Ethereum’s total hashrate), has announced it will cease support for ETH mining following The Merge upgrade. Largest Mining Pool Halts ETH Mining Support Post-Merge Ethermine has declared that it will no longer support ETH mining under the

By Web3 Station 13 Sep 2022
Fidelity to Allow Individual Clients to Trade Bitcoin

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Fidelity to Allow Individual Clients to Trade Bitcoin

Fidelity Investments is set to allow individual clients to trade Bitcoin, according to a report by the Wall Street Journal. Fidelity to Enable Bitcoin Trading for Individual Clients Fidelity Investments, a leading financial services company with approximately $4.3 trillion in assets under management (AUM), is gearing up to offer

By Web3 Station 12 Sep 2022
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