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Worldcoin Builds Layer-2 World Chain on OP Stack Toolkit

Big Cap

Worldcoin Builds Layer-2 World Chain on OP Stack Toolkit

Worldcoin recently announced a new Layer-2 solution named World Chain, built on the OP Stack toolkit. This solution aims to address user identification challenges in the blockchain space. Worldcoin Builds Layer-2 World Chain on OP Stack The Worldcoin homepage has introduced the new solution, World Chain, designed to provide benefits

By Web3 Station 16 Apr 2024
Bored Ape Yacht Club NFT Floor Price Hits 3-Year Low

NFT & GameFi

Bored Ape Yacht Club NFT Floor Price Hits 3-Year Low

The famous NFT collection Bored Ape Yacht Club (BAYC) saw its floor price plummet to a record low not seen since August 2021. Specifically, the floor price of the Bored Ape Yacht Club (BAYC) NFT collection dropped to as low as 10 ETH early on April 16. This marks a

By Web3 Station 16 Apr 2024
PayPal Quietly Amends NFT Transaction Protection Policy

NFT & GameFi

PayPal Quietly Amends NFT Transaction Protection Policy

PayPal silently revised its policy regarding transaction protection for NFTs, effective from May 20, 2024. According to the new policy, PayPal will limit its buyer protection for NFT transactions. This change was not widely announced but was found in a low-profile update to the company's terms of service.

By Web3 Station 16 Apr 2024
Analysts "dampen" excitement over ETF spot wave in Hong Kong

Big Cap

Analysts "dampen" excitement over ETF spot wave in Hong Kong

According to Bloomberg analysts, the approval of cryptocurrency-related investment products in Hong Kong marks a positive development, yet remains modest compared to the US ETF market. Analysts "dampen" excitement over ETF spot wave in Hong Kong. Image: CryptoSlate As reported by Coin68 yesterday afternoon (15/04), Hong Kong

By Web3 Station 15 Apr 2024
OKX Launches Mainnet for Its Own Layer-2 "X Layer"

Big Cap

OKX Launches Mainnet for Its Own Layer-2 "X Layer"

OKX exchange has officially launched the mainnet for its dedicated layer-2 solution named "X Layer," following over a year since the initial announcement. OKX launches mainnet for its own layer-2 "X Layer". Image: X Layer Website Since last year, OKX has disclosed its intention to develop

By Web3 Station 15 Apr 2024
Arbitrum Implements BOLD Verification Mechanism on Testnet

Big Cap

Arbitrum Implements BOLD Verification Mechanism on Testnet

Offchain Labs, the development unit behind Arbitrum, has recently announced the deployment of a new solution named BOLD aimed at reducing transaction verification latency and enhancing security measures. Arbitrum deploys new BOLD verification mechanism on testnet BOLD stands for Bounded Liquidity Delay, a new verification mechanism developed by Offchain Labs

By Web3 Station 15 Apr 2024
Franklin Templeton: Runes Protocol to Help Bitcoin Catch Up with Ethereum and Solana

Big Cap

Franklin Templeton: Runes Protocol to Help Bitcoin Catch Up with Ethereum and Solana

Franklin Templeton investment firm believes Runes has the potential to expand the Bitcoin ecosystem, thereby catching up with the market-leading ecosystems of Ethereum and Solana. Franklin Templeton: Runes Protocol to Help Bitcoin Catch Up with Ethereum and Solana. Image: CCN Runes Protocol is a protocol for issuing fungible tokens on

By Web3 Station 15 Apr 2024
STEPN Collaborates with Adidas to Launch New NFTs and Web3 Products

NFT & GameFi

STEPN Collaborates with Adidas to Launch New NFTs and Web3 Products

On April 15, 2024, the renowned move-to-earn project STEPN announced a partnership with the giant footwear and sportswear brand Adidas. The year-long collaboration promises to kick off with a collection of 1,000 NFTs titled "STEPN x Adidas Genesis Sneakers," inspired by Adidas' most iconic running shoes.

By Web3 Station 15 Apr 2024
Ethereum On-Chain Liquidations Reach Highest Level in 2 Years

Big Cap

Ethereum On-Chain Liquidations Reach Highest Level in 2 Years

The first two weeks of April have seen Ethereum on-chain liquidations in lending protocols surpassing $130 million, marking the highest level since June 2022. Despite a mild recovery in cryptocurrency prices following a significant sell-off yesterday, the total value of Ethereum on-chain loans liquidated has exceeded $130 million—its highest

By Web3 Station 14 Apr 2024
Hong Kong Approves Series of Bitcoin and Ethereum Spot ETFs

Big Cap

Hong Kong Approves Series of Bitcoin and Ethereum Spot ETFs

At the beginning of this week on April 15, Hong Kong officially gave the green light to four applications for Bitcoin and Ethereum spot ETFs. Hong Kong approves a series of Bitcoin and Ethereum spot ETFs Early afternoon on April 15, 2024, Wu Blockchain quoted announcements from relevant parties stating

By Web3 Station 14 Apr 2024
ZachXBT Exposes Rug Pull Syndicate Targeting Crypto Community

DeFi

ZachXBT Exposes Rug Pull Syndicate Targeting Crypto Community

A series of rug pulls, including Magnate, Kokomo, Solfire, and Lendora, have been orchestrated by a single group, according to on-chain detective ZachXBT. ZachXBT Exposes Rug Pull Syndicate Targeting Crypto Community Fraudulent Group Uncovered Community Alert: The group of scammers who stole 8 figs with Magnate, Kokomo, Lendora, Solfire, etc

By Web3 Station 14 Apr 2024
Uniswap Increases Interface Fees from 0.15% to 0.25%

DeFi

Uniswap Increases Interface Fees from 0.15% to 0.25%

After receiving a warning from the SEC, leading DEX Uniswap promptly increased the swap fee by 0.1%, applying it to most trading pairs. Uniswap Increases Interface Fees from 0.15% to 0.25% On-chain data reveals that Uniswap began applying a 0.25% interface fee starting from April 10,

By Web3 Station 14 Apr 2024
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