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ZKsync Unveils ZKsync 3.0 Roadmap, Introduces Elastic Chain Competing with Polygon AggLayer

Big Cap

ZKsync Unveils ZKsync 3.0 Roadmap, Introduces Elastic Chain Competing with Polygon AggLayer

ZKsync has announced a new roadmap, ZKsync 3.0, focusing on the Elastic Chain solution - consolidating all chains into one, similar to Polygon's AggLayer solution. ZKsync Unveils ZKsync 3.0 Roadmap, Introduces Elastic Chain Competing with Polygon AggLayer ZKsync introduces 'elastic chain' architecture as part

By Web3 Station 24 Jun 2024
Ethereum Gas Fees and Bitcoin Mining Revenue Plummet to Multi-Year Lows

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Ethereum Gas Fees and Bitcoin Mining Revenue Plummet to Multi-Year Lows

Ethereum's gas fees and Bitcoin miners' revenue both dropped to multi-year lows over the past weekend. Ethereum Gas Fees and Bitcoin Mining Revenue Plummet to Multi-Year Lows Ethereum transaction costs reach lowest in 4 years According to data from Etherscan, the average gas price of Ethereum on

By Web3 Station 23 Jun 2024
Bitcoin Forms Double Top Pattern, Likely to Drop to $50,000?

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Bitcoin Forms Double Top Pattern, Likely to Drop to $50,000?

Bitcoin has formed a double top pattern, signaling a potential downtrend with analysts predicting a decline towards $50,000. Bitcoin Forms Double Top Pattern, Likely to Drop to $50,000? The cryptocurrency market at the beginning of the week on June 24 continues to face significant selling pressure, with Bitcoin

By Web3 Station 23 Jun 2024
Light Protocol and Helius Labs Launch ZK Compression, Expanding Solana Without Layer-2

Big Cap

Light Protocol and Helius Labs Launch ZK Compression, Expanding Solana Without Layer-2

On June 22, Light Protocol announced the launch of "ZK Compression" in collaboration with Helius Labs. This technology compresses and stores data directly on Solana's blockchain ledger, bypassing traditional account storage methods. Light Protocol and Helius Labs Launch ZK Compression, Expanding Solana Without Layer-2 As announced

By Web3 Station 23 Jun 2024
Osmosis DAO Approves Proposal for Free Bitcoin Bridging with Cosmos

DeFi

Osmosis DAO Approves Proposal for Free Bitcoin Bridging with Cosmos

Sunny Agarwal, co-founder of Osmosis, praised this proposal as a significant milestone in DAO-to-DAO transactions. Osmosis DAO Approves Proposal for Free Bitcoin Bridging with Cosmos Osmosis DAO has approved a proposal to eliminate fees for transferring Bitcoin into the Cosmos ecosystem via Nomic, addressing user difficulties. Voting Results The initiative

By Web3 Station 23 Jun 2024
Arbitrum Proposes DAO Allocation of Rewards for ARB Token Holders

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Arbitrum Proposes DAO Allocation of Rewards for ARB Token Holders

Arbitrum, a prominent ecosystem player, has proposed a mechanism to allocate 50% of future sequencer surplus fees to reward ARB token holders who actively stake and delegate their tokens. Arbitrum Proposes DAO Allocation of Rewards for ARB Token Holders Frission, a representative within the Arbitrum (ARB) ecosystem and a core

By Web3 Station 23 Jun 2024
German Government Sells $195 Million in Bitcoin

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German Government Sells $195 Million in Bitcoin

Following a move to transfer over $600 million in Bitcoin on June 19th, the German government has sold $195 million worth within the past 24 hours. The German government has sold $195 million in Bitcoin According to data compiled by on-chain analytics firm Arkham Intelligence, wallets believed to be owned

By Web3 Station 20 Jun 2024
Canada Set to Launch First Solana ETF

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Canada Set to Launch First Solana ETF

3iQ has become the first organization to file for registration of a Solana exchange-traded product (ETP) in Canada. Canada is set to launch its first Solana ETF. Image: Altcoin Daily 3iQ Digital Asset Management has submitted its application to the Ontario Securities Commission to launch the first Solana ETP product

By Web3 Station 20 Jun 2024
Stablecoin Organizations Now the 18th Largest Creditors of the United States

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Stablecoin Organizations Now the 18th Largest Creditors of the United States

The US government has become indebted to stablecoin organizations amidst an unprecedented ballooning of public debt. Stablecoin organizations are now the 18th largest creditors of the United States. Image: CNN According to data compiled by Tagus Capital, stablecoin organizations hold over $120 billion USD in US Treasury bonds, making them

By Web3 Station 20 Jun 2024
Bitcoin Expected to Hit $1 Million USD by 2033

Big Cap

Bitcoin Expected to Hit $1 Million USD by 2033

The year 2024 witnesses Bitcoin on a strong recovery path. Analysts at Bernstein expect BTC's price to potentially reach $1 million USD over the next decade based on statistical charts regarding Bitcoin. Bitcoin Expected to Hit $1 Million USD by 2033 Bitcoin, the king of cryptocurrencies, is expected

By Web3 Station 20 Jun 2024
Demand for FDUSD Stablecoin Remains High Despite End of Fee-Free Trading on Binance

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Demand for FDUSD Stablecoin Remains High Despite End of Fee-Free Trading on Binance

Trading volume for pairs involving the FDUSD stablecoin has decreased since Binance ended its fee-free trading promotion, yet user demand shows no signs of decline. Demand for FDUSD Stablecoin Remains High Despite End of Fee-Free Trading on Binance. Photo: Binance Academy On April 25th, Binance adjusted spot trading fees for

By Web3 Station 19 Jun 2024
Bitcoin Dominance Surpasses 50% Despite Market Turbulence

Big Cap

Bitcoin Dominance Surpasses 50% Despite Market Turbulence

Bitcoin continues to reign as the king of cryptocurrencies, with its dominance typically ranging between 44% to 53% over the past year. Bitcoin Dominance Surpasses 50% Despite Market Turbulence. Photo: TheStreet Bitcoin Dominance, a measure of Bitcoin's market capitalization compared to the entire cryptocurrency market, has recently risen

By Web3 Station 19 Jun 2024
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