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Kraken Begins Distribution of Bitcoin and Bitcoin Cash to Mt. Gox Creditors - BTC Under Fire

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Kraken Begins Distribution of Bitcoin and Bitcoin Cash to Mt. Gox Creditors - BTC Under Fire

As confirmed by several creditors, Mt. Gox has initiated the disbursement of Bitcoin and Bitcoin Cash through the Kraken exchange. Kraken has started distributing Bitcoin and Bitcoin Cash to Mt. Gox creditors - BTC under fire. Photo: CryptoSlate Amidst signs of a crypto market recovery buoyed by the Bitcoin ETF

By Web3 Station 23 Jul 2024
U.S. Bitcoin ETFs Establish 12-Day Inflow Streak with $526 Million from BlackRock, BTC Returns to $68,200 Range

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U.S. Bitcoin ETFs Establish 12-Day Inflow Streak with $526 Million from BlackRock, BTC Returns to $68,200 Range

The latest Bitcoin ETF session continued its streak with 12 consecutive days of positive inflows. U.S. Bitcoin ETFs establish 12-day inflow streak with $526 million from BlackRock, BTC returns to $68,200 range. Photo: Bloomberg According to data from Farside Investors, 11 U.S.-based Bitcoin ETFs recorded $533.

By Web3 Station 22 Jul 2024
BNB Chain Burns Nearly $971 Million USD in 28th Coin Burn

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BNB Chain Burns Nearly $971 Million USD in 28th Coin Burn

BNB Chain has burned nearly $971 million USD worth of BNB tokens in its 28th coin burn, with minimal reaction from BNB prices. BNB Chain burns $971 million USD in 28th BNB coin burn The BNB Burn is a periodic event conducted by Binance every three months since the platform&

By Web3 Station 21 Jul 2024
Fed Maintains Interest Rates, BTC and SOL Lead Crypto Market Surge

Fed Maintains Interest Rates, BTC and SOL Lead Crypto Market Surge

Bitcoin (BTC) and Solana (SOL) emerged as standout performers in the crypto market surge on November 2nd following the Federal Reserve's decision to keep interest rates unchanged. Recent movements of leading cryptocurrencies in the past 24 hours, as captured by Coin360 screenshot at 08:15 AM on October

By Web3 Station 20 Jul 2024
Leading DEX on Layer-2 Base, LeetSwap, Exploited

Leading DEX on Layer-2 Base, LeetSwap, Exploited

LeetSwap, the largest decentralized exchange (DEX) on the layer-2 Base platform, has temporarily halted trading to investigate reports of a security vulnerability. LeetSwap Halts Trading Due to Exploit In an announcement on Twitter, LeetSwap confirmed that all trading activities were paused on the morning of August 01 to investigate a

By Web3 Station 20 Jul 2024
Geth Dominates Over 80% of Execution Clients: Operational Risk Warnings

Geth Dominates Over 80% of Execution Clients: Operational Risk Warnings

Geth, the client operator, now accounts for over 80% of the market's Execution Clients. Geth's Market Dominance: * Current Share: According to data from Ethereum Org, Geth (an Execution Client operator) currently holds approximately 84% of the market share. Network Operation: * Client Requirements: To operate the network,

By Web3 Station 20 Jul 2024
MakerDAO Withdraws 250 Million USDC from Coinbase Custody to Support DAI Peg

MakerDAO Withdraws 250 Million USDC from Coinbase Custody to Support DAI Peg

Overview: MakerDAO has taken a decisive step to support the stability of its decentralized stablecoin, DAI, by withdrawing 250 million USDC from Coinbase Custody. This move aims to bolster the Peg Stability Module (PSM) and ensure DAI maintains its peg to the US dollar. The Situation USDC Reserves Depletion: * The

By Web3 Station 19 Jul 2024
Fed Keeps Interest Rates Unchanged for Third Consecutive Time, Bitcoin Price Recovers

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Fed Keeps Interest Rates Unchanged for Third Consecutive Time, Bitcoin Price Recovers

Bitcoin prices surged to $43,475 after the U.S. Federal Reserve (Fed) decided not to adjust interest rates. Cryptocurrency market fluctuations as of 08:45 AM on December 14, 2023. Photo: Coin360 In an announcement early on December 14, the U.S. Federal Reserve (Fed) decided to maintain interest

By Web3 Station 19 Jul 2024
Metis Announces $100 Million Ecosystem Development Fund

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Metis Announces $100 Million Ecosystem Development Fund

The Metis Foundation has recently announced a $100 million ecosystem development fund. Metis Announces $100 Million Ecosystem Development Fund The Ecosystem Development Fund (EDF) by Metis will consist of 4.6 million METIS tokens and is intended to incentivize product development and internal activities within the Metis Layer-2 solution. The

By Web3 Station 19 Jul 2024
EigenDA Announces Support for OP Stack Toolkit

EigenDA Announces Support for OP Stack Toolkit

EigenDA, the Data Availability branch of EigenLayer, has announced its integration with the OP Stack toolkit. EigenDA is proud to announce support for @Optimism's OP Stack, available now against the debut EigenDA testnet! Rollups will have the option of persisting L2 transaction data to EigenDA, enjoying negligible L1

By Web3 Station 18 Jul 2024
Phantom Wallet Supports Bitcoin (BTC) and BRC-20 Tokens

Phantom Wallet Supports Bitcoin (BTC) and BRC-20 Tokens

Phantom, a leading cryptocurrency wallet on Solana, has announced its support for Bitcoin, the Ordinals protocol, and BRC-20 tokens created through Inscription activities. Phantom Wallet Supports Bitcoin (BTC) and BRC-20 Tokens In an announcement early on December 21, Phantom revealed that users can now buy, sell, trade, and hold assets

By Web3 Station 18 Jul 2024
Distributed Validator Technology (DVT): Explained

Distributed Validator Technology (DVT): Explained

Distributed Validator Technology (DVT) remains a gray area and somewhat unfamiliar to most users at present. Therefore, in today's article, let's delve into this concept and see if this suite of products has anything noteworthy! What is Distributed Validator Technology (DVT)? Distributed Validator Technology (DVT) is

By Web3 Station 18 Jul 2024
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