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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
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
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