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OKX Partners with Aptos to Launch $10 Million Fund to Boost Ecosystem

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OKX Partners with Aptos to Launch $10 Million Fund to Boost Ecosystem

OKX is teaming up with Aptos to launch a $10 million fund aimed at accelerating the Aptos ecosystem. As of August 1, 2024, cryptocurrency exchange OKX has announced that its investment arm, OKX Ventures, is collaborating with the Aptos Foundation—the entity behind the Aptos layer-1 blockchain—to establish a

By Web3 Station 31 Jul 2024
Bitcoin Dominance Hits Highest Level Since April 2021

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Bitcoin Dominance Hits Highest Level Since April 2021

Bitcoin Dominance reached 52.7% over the past week, marking its highest level in three years. Bitcoin Dominance Hits Highest Level Since April 2021. Image: AMBCrypto Bitcoin Dominance, a measure of Bitcoin's market capitalization relative to the total cryptocurrency market cap, surged to 52.7% last week. This

By Web3 Station 30 Jul 2024
Mt. Gox Moves $3.13 Billion in Bitcoin to New Wallets

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Mt. Gox Moves $3.13 Billion in Bitcoin to New Wallets

Mt. Gox continues its asset transfer operations as part of its plan to repay creditors, as previously announced. On the morning of July 31, on-chain data sources revealed that Mt. Gox's Bitcoin wallet cluster made a new transaction involving 47,299 BTC, valued at approximately $3.13 billion.

By Web3 Station 30 Jul 2024
ETH Community Celebrates Ethereum’s 9th Birthday

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ETH Community Celebrates Ethereum’s 9th Birthday

Ethereum leaders and community members have come together to reflect on the 9-year journey of Ethereum (ETH). ETH Community Celebrates Ethereum’s 9th Birthday. Image: CoinDesk On July 30, 2015, the first block was recorded on the Ethereum blockchain, marking the launch of the world’s second-largest blockchain network at

By Web3 Station 30 Jul 2024
Solana: Is the Paint Better Than the Wood?

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Solana: Is the Paint Better Than the Wood?

The ongoing debate between Ethereum (ETH) and Solana (SOL) continues to be a hot topic in the crypto market. Ethereum, as a pioneering smart contract platform, boasts a rich ecosystem and long-term value accumulation. Meanwhile, Solana, though a later entrant, has emerged as a formidable competitor with its low fees,

By Web3 Station 30 Jul 2024
California Digitizes 42 Million Vehicle Records on Avalanche Network

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California Digitizes 42 Million Vehicle Records on Avalanche Network

California has digitized 42 million vehicle records onto the Avalanche (AVAX) blockchain, leveraging new technology to streamline vehicle title transfers and enhance fraud detection. California Digitizes 42 Million Vehicle Records on Avalanche Network. Image: CryptoSlate The California Department of Motor Vehicles (DMV) has partnered with software developer Oxhead Alpha to

By Web3 Station 30 Jul 2024
XRP Soars 8% Amid Hopes for Ripple-SEC Lawsuit Resolution

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XRP Soars 8% Amid Hopes for Ripple-SEC Lawsuit Resolution

XRP is trading at its highest level since March 25, buoyed by trader optimism that the legal dispute between the SEC and Ripple Labs may be nearing its end. The optimism from traders has pushed XRP, the payment-focused token, to the forefront of the market, surpassing both Bitcoin (BTC) and

By Web3 Station 30 Jul 2024
Tether Reports Record $5.2 Billion Profit for H1 2024

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Tether Reports Record $5.2 Billion Profit for H1 2024

Stablecoin giant Tether has continued its streak of success, reporting a record $5.2 billion profit for the first half of 2024. Tether Reports Record $5.2 Billion Profit for H1 2024. Source: CryptoSlate On the evening of July 31, Tether released its Q2 and H1 2024 operational report. According

By Web3 Station 30 Jul 2024
Noteworthy Token Unlocks in August 2024

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Noteworthy Token Unlocks in August 2024

In August 2024, over 50 crypto projects are scheduled to unlock tokens worth a total of approximately $1.4 billion. Among the most notable unlocks are Wormhole (W) and Avalanche (AVAX), which will release close to $300 million in tokens. Please note that this article highlights a selection of projects

By Web3 Station 29 Jul 2024
100 Days Post-Bitcoin Halving: BTC and the Crypto Market Forge Ahead

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100 Days Post-Bitcoin Halving: BTC and the Crypto Market Forge Ahead

100 days have passed since Bitcoin's fourth halving event, and both BTC and the broader crypto market have shown solid progress, setting the stage for a new growth phase. 100 Days Since Bitcoin’s Fourth Halving Event Bitcoin Price History Post-Halving At 07:10 AM on April 20,

By Web3 Station 28 Jul 2024
Arbitrum Foundation Proposes DAO to Expand Arbitrum Orbit Chains into Multi-Chain

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Arbitrum Foundation Proposes DAO to Expand Arbitrum Orbit Chains into Multi-Chain

The Arbitrum community is currently voting on a proposal to expand Arbitrum Orbit chains into a multi-chain ecosystem. This proposal is in the “temperature check” phase on Snapshot, running from now until August 1, 2024. Arbitrum Foundation Proposes DAO to Implement Multi-Chain Arbitrum Orbit Arbitrum’s DAO forum is conducting

By Web3 Station 25 Jul 2024
SEI Network (SEI) Price Drops 28% as Users Begin Airdrop Reception

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SEI Network (SEI) Price Drops 28% as Users Begin Airdrop Reception

The value of SEI has plummeted shortly after Sei Network launched its project mainnet and initiated an airdrop for users. SEI Network (SEI) Price Drops 27% as Users Begin Airdrop Reception. Image: Sei Foundation In the past 24 hours, the price of SEI Network (SEI) has fallen by over 28%

By Web3 Station 24 Jul 2024
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