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Circle Supports Programmable Wallets Development Toolkit on Solana

DeFi

Circle Supports Programmable Wallets Development Toolkit on Solana

In the latest wave of user experience improvements for crypto wallets, Circle has announced its support for the Programmable Wallets development toolkit within the Solana ecosystem. Circle Supports Programmable Wallets Development Toolkit on Solana In their recent announcement, Circle introduced the integration of two key components into the Solana ecosystem:

By Web3 Station 11 Jun 2024
AI Token Reacts Negatively to Apple's New Product

Big Cap

AI Token Reacts Negatively to Apple's New Product

Apple's stock fell nearly 2% as the tech giant unveiled its AI plans at its annual developer event. AI tokens also felt the ripple effects. AI Token Reacts Negatively to Apple's New Product. Image: CNBC Apple's biggest tech event of the year, WWDC 2024,

By Web3 Station 10 Jun 2024
aBitcoin Spot ETFs End 19-Day Inflow Streak, BTC Drops to $67,000 USD

Big Cap

aBitcoin Spot ETFs End 19-Day Inflow Streak, BTC Drops to $67,000 USD

U.S.-based Bitcoin spot ETFs recently experienced significant outflows totaling $64.93 million USD on the trading day of June 10, marking the end of their longest streak of 19 consecutive days of inflows. Fidelity's FBTC fund also recorded its first outflow since May 2. Bitcoin Spot

By Web3 Station 10 Jun 2024
What is PeerDAS? Exploring the Notable Update in the Pectra Upgrade

DeFi

What is PeerDAS? Exploring the Notable Update in the Pectra Upgrade

The upcoming Pectra upgrade is set to be a significant milestone for the Ethereum ecosystem, featuring numerous core changes. However, today we will focus on one particular update that may "somewhat" impact third-party Data Availability (DA) solutions. This update is PeerDAS, so let's dive in! What

By Web3 Station 10 Jun 2024
Ripple Sells $78 Million Worth of XRP from June Reserve Fund

Big Cap

Ripple Sells $78 Million Worth of XRP from June Reserve Fund

Ripple, the largest developer and owner of XRP tokens, has sold 150 million XRP from its reserve fund in early June, on June 7, 2024. Ripple Sells $78 Million Worth of XRP from June Reserve Fund Ripple, the largest developer and owner of XRP tokens, has sold 150 million XRP

By Web3 Station 07 Jun 2024
Telegram Launches New Native Currency Telegram Stars

Big Cap

Telegram Launches New Native Currency Telegram Stars

Telegram has introduced a new native currency called "Telegram Stars," designed for purchasing goods and services across Telegram's mini-apps. Source: Pavel Durov Users can acquire Stars directly on Telegram or through Apple and Google's app stores. Telegram CEO Pavel Durov announced that soon developers

By Web3 Station 06 Jun 2024
Base Overtakes OP Mainnet to Become Largest Superchain

Big Cap

Base Overtakes OP Mainnet to Become Largest Superchain

TVL on Base's layer-2 surpasses $2 billion, marking a 20% increase in just one month. Base Overtakes OP Mainnet to Become Largest Superchain. Photo: base.org Base, a solution spearheaded by Coinbase, has officially entered the top 7 blockchains with the largest TVL (Total Value Locked) today. According

By Web3 Station 06 Jun 2024
USDe Officially Supported as Collateral on Aave

DeFi

USDe Officially Supported as Collateral on Aave

Following a successful vote, USDe (a stablecoin developed by Ethena) has officially become a supported collateral asset on the Aave lending platform. USDe Officially Supported as Collateral on Aave USDe Officially Supported as Collateral on Aave USDe Officially Supported as Collateral on Aave This integration results from a prior proposal

By Web3 Station 06 Jun 2024
Wormhole Introduces Staking Feature to Support Governance

DeFi

Wormhole Introduces Staking Feature to Support Governance

Cross-chain infrastructure solution Wormhole has announced the launch of a staking feature for its W token, aimed at enhancing governance processes. Wormhole Introduces Staking Feature to Support Governance The announcement was made on Wormhole's official X account on June 6. Wormhole stated that users can now participate in

By Web3 Station 06 Jun 2024
Ethereum Integrates PeerDAS Solution into Pectra Upgrade

DeFi

Ethereum Integrates PeerDAS Solution into Pectra Upgrade

Following the Ethereum Core Devs (ECD) meeting on the morning of June 7th, the Ethereum development team officially integrated the PeerDAS feature into the Pectra upgrade. Ethereum Integrates PeerDAS Solution into Pectra Upgrade The main topics of this morning's ECD meeting centered around the integration of Object-Oriented Format

By Web3 Station 06 Jun 2024
Paxos Launches Interest-Bearing Stablecoin Lift Dollar (USDL)

DeFi

Paxos Launches Interest-Bearing Stablecoin Lift Dollar (USDL)

Paxos International has introduced Lift Dollar (USDL), an interest-bearing stablecoin, initially launched in the Argentine market. The developers have announced that USDL is a "risk-free" stablecoin with a return rate of up to 5% for holders. Paxos Launches Interest-Bearing Stablecoin Lift Dollar (USDL) Paxos International, a leading provider

By Web3 Station 05 Jun 2024
ETF Bitcoin Spot Sets Second Highest Inflow Record in History - Bitcoin "Jumps"

Big Cap

ETF Bitcoin Spot Sets Second Highest Inflow Record in History - Bitcoin "Jumps"

Over $887 million flowed into U.S.-based Bitcoin Spot ETF products during yesterday's trading session. The U.S. Bitcoin Spot ETF saw enthusiastic reception on June 4th, marking its highest inflow in the past two months and its second highest since inception. $BTC ETFs +$887.1m net

By Web3 Station 04 Jun 2024
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