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Dapper Labs Agrees to Pay $4 Million to Settle Securities Lawsuit

NFT & GameFi

Dapper Labs Agrees to Pay $4 Million to Settle Securities Lawsuit

Dapper Labs Agrees to Pay $4 Million to Settle Securities Lawsuit. Image: Forbes Dapper Labs - the entity behind the Flow blockchain and the "NBA Top Shot Moments" collection - has reached an agreement with plaintiffs who filed a lawsuit against the company and its co-founder, Roham Gharegozlou.

By Web3 Station 04 Jun 2024
Australia's First Direct Bitcoin Spot ETF Launched

Big Cap

Australia's First Direct Bitcoin Spot ETF Launched

Prior to the approval of the Bitcoin Spot ETF, Australia only offered two fund products allowing investors indirect exposure to Bitcoin rather than direct ownership. Australia has launched its first direct Bitcoin Spot ETF. Photo: The BTC Times Australia has officially introduced its first Bitcoin Spot ETF directly holding BTC.

By Web3 Station 03 Jun 2024
StarkWare Plans to Scale Bitcoin Network with ZK Technology

Big Cap

StarkWare Plans to Scale Bitcoin Network with ZK Technology

The Starknet team has unveiled a plan to expand the scalability of the Bitcoin ecosystem. StarkWare plans to scale the Bitcoin network using ZK technology Specifically, following the significant attention garnered by the OP_CAT proposal within the Bitcoin community, StarkWare has identified this as an opportune moment to introduce

By Web3 Station 03 Jun 2024
zkSync Abandons Trademark Application for ZK

Big Cap

zkSync Abandons Trademark Application for ZK

Early morning on June 3 (Vietnam time), Matter Labs, the developers behind Layer-2 zkSync, officially abandoned all efforts to trademark "ZK". This announcement comes amidst criticism from leading researchers in zero-knowledge proof technology. zkSync Abandons Trademark Application for ZK In an official post on X, Matter Labs explained

By Web3 Station 02 Jun 2024
$3 Billion in ETH Leaves CEX Platforms Since Approval of Ethereum ETFs

Big Cap

$3 Billion in ETH Leaves CEX Platforms Since Approval of Ethereum ETFs

According to CryptoQuant, a substantial amount of ETH has flowed out of centralized exchange platforms (CEXs) since Ethereum ETFs received the green light from the SEC. $3 billion in ETH leaves CEX platforms since Ethereum ETF approval CryptoQuant data reveals that $3 billion worth of ETH has exited centralized trading

By Web3 Station 02 Jun 2024
Ethena's USDe Stablecoin Supply Surpasses $3 Billion

DeFi

Ethena's USDe Stablecoin Supply Surpasses $3 Billion

Ethena Labs' USDe stablecoin market cap has surpassed the $3 billion mark after just over four months since its launch, making it the fastest-growing stablecoin to reach this milestone. USDe Supply Surpasses $3 Billion On June 1, Ethena (ENA), a decentralized stablecoin issuance protocol, announced that the market cap

By Web3 Station 02 Jun 2024
Notable Token Unlocks in June 2024

Big Cap

Notable Token Unlocks in June 2024

In June 2024, more than 40 projects are scheduled to unlock tokens worth over $1 billion USD, according to Coin68's compilation. Notable Token Unlocks in June 2024. Image: Decrypt The cryptocurrency industry is set to unlock over $1 billion USD worth of tokens next month. This includes a

By Web3 Station 31 May 2024
Uniswap Delays Vote on Fee Sharing Proposal Due to New Issues

DeFi

Uniswap Delays Vote on Fee Sharing Proposal Due to New Issues

The official vote on Uniswap's fee-sharing proposal, originally scheduled for May 31, has been delayed due to new developments. Uniswap Delays Vote on Fee Sharing Proposal Due to New Issues In an announcement early on June 1, the Uniswap Foundation stated that the vote on the proposal to

By Web3 Station 31 May 2024
LayerZero Integrates Solana into Cross-Chain Network

Big Cap

LayerZero Integrates Solana into Cross-Chain Network

In its latest move, LayerZero has enabled seamless asset transfers for Solana users across Arbitrum, Ethereum, Polygon, and other chains integrated with LayerZero. LayerZero Integrates Solana into Cross-Chain Network. Image: LayerZero LayerZero's cross-chain solution has officially incorporated Solana into its network of over 70 integrated blockchains. This integration

By Web3 Station 30 May 2024
ETF Ethereum Futures with 2x Leverage Set to Begin Trading

Big Cap

ETF Ethereum Futures with 2x Leverage Set to Begin Trading

U.S. regulators previously approved the Volatility Shares 2x Bitcoin ETF over a year ago. Now, the asset management firm is set to launch its first Ethereum ETF with 2x leverage, starting on June 4th. ETF Ethereum Futures with 2x Leverage Set to Begin Trading The Volatility Shares 2x Ethereum

By Web3 Station 28 May 2024
Sei Foundation Second Airdrop Allocates Over 27 Million SEI Tokens

Big Cap

Sei Foundation Second Airdrop Allocates Over 27 Million SEI Tokens

Sei Foundation announced its second airdrop on May 29th, completing "Phase 2" in preparation for the Sei V2 upgrade. Sei Foundation Second Airdrop Allocates Over 27 Million SEI Tokens Sei, a Layer 1 blockchain built on the Cosmos SDK platform, conducted its second airdrop, distributing 27 million SEI

By Web3 Station 28 May 2024
Aave Founder Hints at Potential Launch of a Dedicated Network

DeFi

Aave Founder Hints at Potential Launch of a Dedicated Network

In recent social media activity on X, representatives from Aave have subtly hinted at the possibility of developing a dedicated network for the project. Aave Founder Hints at Potential Launch of a Dedicated Network Fun fact: if Aave were a layer on its own, it would be the largest Ethereum

By Web3 Station 28 May 2024
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