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TVL of Ether.fi Increases by $1 Billion in Just 5 Days

DeFi

TVL of Ether.fi Increases by $1 Billion in Just 5 Days

The Total Value Locked (TVL) in the liquid restaking solution ether.fi has surged by $1 billion since news broke that Ethereum ETFs are likely to be approved. TVL of Ether.fi Increases by $1 Billion in Just 5 Days Ether.fi, a leading liquid restaking solution in the Ethereum

By Web3 Station 24 May 2024
SEC Officially Approves Ethereum Spot ETFs

Big Cap

SEC Officially Approves Ethereum Spot ETFs

The U.S. Securities and Exchange Commission (SEC) has announced the approval of all proposed Ethereum Spot ETFs, officially recognizing ETH as a "commodity" asset. SEC Officially Approves Ethereum Spot ETFs As predicted by experts, in the early hours of May 24, the U.S. Securities and Exchange

By Web3 Station 23 May 2024
Fantom (FTM) Introduces Sonic Foundation, Announces $10 Million Fundraising

Big Cap

Fantom (FTM) Introduces Sonic Foundation, Announces $10 Million Fundraising

Fantom has announced the establishment of Sonic Foundation and Sonic Labs alongside additional details about its upcoming blockchain launch. Fantom Introduces Sonic Foundation, Announces $10 Million Fundraising. Image: Fantom On the evening of May 23, Fantom Foundation revealed plans to establish Sonic Foundation and Sonic Labs ahead of the official

By Web3 Station 23 May 2024
Lido Proposes Expansion of Distributed Validator Technology (DVT) Testing

DeFi

Lido Proposes Expansion of Distributed Validator Technology (DVT) Testing

Lido Finance, the leading Liquid Staking solution on Ethereum, has announced a proposal to expand the testing scope of Distributed Validator Technology (DVT). Lido Proposes Expansion of Distributed Validator Technology (DVT) Testing Lido Finance recently posted a proposal on its forum to expand the testing scope of DVT to 4%

By Web3 Station 23 May 2024
Uniswap Officially Schedules Vote on Fee Sharing Proposal for UNI Holders on May 31

DeFi

Uniswap Officially Schedules Vote on Fee Sharing Proposal for UNI Holders on May 31

After a prolonged period of silence, Uniswap has confirmed it will proceed with the official vote on the proposal to share transaction fees with UNI token holders. Uniswap Officially Schedules Vote on Fee Sharing Proposal for UNI Holders on May 31 In the early hours of May 25, a representative

By Web3 Station 23 May 2024
ETF Ethereum Futures Trading Volume Hits All-Time High

Big Cap

ETF Ethereum Futures Trading Volume Hits All-Time High

ETF Ethereum Futures trading volume has reached an all-time high amidst increasing anticipation of spot product approvals. ETF Ethereum Futures Trading Volume Hits All-Time High. Image: Bloomberg On May 22, trading volumes for Ethereum Futures ETFs hit a record $47.75 million USD, marking a 40% increase from the previous

By Web3 Station 22 May 2024
Memecoins "Moon" as Ethereum ETF Spot Effect Takes Center Stage

Big Cap

Memecoins "Moon" as Ethereum ETF Spot Effect Takes Center Stage

Numerous memecoins on Ethereum are surging thanks to the heating up of the Ethereum ETF spot effect. Memecoins "Moon" as Ethereum ETF Spot Effect Takes Center Stage. Photo: Coingape It's not just ETH responding positively to the SEC's signals of approving Ethereum ETF spots,

By Web3 Station 21 May 2024
Sui Launches Mysticeti Testnet, Becomes World's Fastest Consensus Mechanism Blockchai

Big Cap

Sui Launches Mysticeti Testnet, Becomes World's Fastest Consensus Mechanism Blockchai

Sui has officially introduced Mysticeti on its Testnet, enhancing performance by reducing consensus time to just 390 milliseconds, thereby setting a new standard for transaction speed in blockchain upon its Mainnet launch. Sui Launches Mysticeti Testnet, Becomes World's Fastest Consensus Mechanism Blockchain Currently, blockchains are fiercely competing to

By Web3 Station 21 May 2024
CryptoPunks Releases New NFT Collection, Faces Backlash from Community

CryptoPunks Releases New NFT Collection, Faces Backlash from Community

On May 20, CryptoPunks partnered with black artist Nina Chanel Abney to launch an NFT collection named Super Punk World. CryptoPunks Releases New NFT Collection, Faces Backlash from Community According to an official post on CryptoPunks' X account, Super Punk World is a collection of 500 3D artworks that

By Web3 Station 21 May 2024
Gala Games Hacked, 200 Million USD Worth of Tokens Illegally Minted, Token Price Drops 15%

NFT & GameFi

Gala Games Hacked, 200 Million USD Worth of Tokens Illegally Minted, Token Price Drops 15%

Update Evening of 21/05/2024: On the evening of May 21, the crypto community discovered that the hacker had returned all the stolen ETH to Gala Games' wallet. lmao the @poweredbygala exploiter sent the ~5.9K ETH back to the minter account a few hours ago cc @spreekaway

By Web3 Station 21 May 2024
Sei Proposes V2 Upgrade with EVM Integration, SEI Price Surges

Big Cap

Sei Proposes V2 Upgrade with EVM Integration, SEI Price Surges

Sei Foundation has proposed a governance initiative to implement the V2 upgrade on its Layer-1 blockchain, Sei Network, prompting a positive response in SEI prices. Sei Proposes V2 Upgrade with EVM Integration, SEI Price Surges. Image: Sei Sei Labs has initiated a governance proposal to execute the V2 upgrade on

By Web3 Station 20 May 2024
Bitcoin Spot ETFs Record 6 Consecutive Days of Inflows, Totaling $1.2 Billion

Big Cap

Bitcoin Spot ETFs Record 6 Consecutive Days of Inflows, Totaling $1.2 Billion

Approximately $1.2 billion in net inflows have poured into 11 US Bitcoin spot ETFs over the past 6 days, with $237.2 million alone on May 20. Bitcoin Spot ETFs Record 6 Consecutive Days of Inflows, Totaling $1.2 Billion After a period of subdued trading for over a

By Web3 Station 20 May 2024
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