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21Shares Launches Toncoin Staking ETP on Swiss Stock Exchange SIX

Big Cap

21Shares Launches Toncoin Staking ETP on Swiss Stock Exchange SIX

The 21Shares Toncoin Staking ETP (TONN) has been listed on the Swiss stock exchange SIX since yesterday. 21Shares Launches Toncoin Staking ETP on Swiss Stock Exchange SIX 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs) globally, has recently introduced a staking ETP based on Toncoin (TON) from The Open

By Web3 Station 27 Mar 2024
Ethena will airdrop 750 million ENA tokens on April 2nd.

DeFi

Ethena will airdrop 750 million ENA tokens on April 2nd.

Ethena Labs, the issuer of decentralized stablecoin USDe collateralized by ETH, has announced an upcoming token distribution event. They will airdrop 750 million governance tokens, ENA, on April 2nd. Specifically, Ethena Labs will distribute 750 million ENA tokens to holders of shards—reward points that the project has been implementing

By Web3 Station 27 Mar 2024
Ethereum has recently encountered issues again in block verification.

DeFi

Ethereum has recently encountered issues again in block verification.

On the early morning of March 28, Ethereum encountered yet another hiccup in block verification. However, the issue was swiftly resolved, and the network has returned to normal operation. Community reports on social media platform X highlighted that during a brief period, the rate of missed Slot/Block verifications spiked

By Web3 Station 27 Mar 2024
Prisma Finance has fallen victim to a recent hack, resulting in estimated damages of $9 million.

DeFi

Prisma Finance has fallen victim to a recent hack, resulting in estimated damages of $9 million.

On the evening of March 28, Prisma Finance confirmed via their X account that their lending and stablecoin protocol had been compromised. The team has temporarily halted protocol operations and is conducting an investigation into the incident. Additionally, Prisma has advised users who interacted with Liquid Staking Token and Liquid

By Web3 Station 27 Mar 2024
Munchables Game on Layer-2 Blast Hacked for $62.5 Million

NFT & GameFi

Munchables Game on Layer-2 Blast Hacked for $62.5 Million

By noon on March 27, Munchables announced it had reached an agreement with the hacker to recover the stolen funds. The Munchables developer has shared all private keys involved to assist in recovering the user funds. Specifically, the key which holds $62,535,441.24 USD, the key which holds

By Web3 Station 27 Mar 2024
Arbitrum Partners with Azuki to Launch Anime-Focused Blockchain

NFT & GameFi

Arbitrum Partners with Azuki to Launch Anime-Focused Blockchain

Named AnimeChain, this new initiative by Azuki and Arbitrum aims to bring the anime community into the Web3 realm through a blend of content, games, collectibles, and NFTs. With an ambition to expand its operational domains, the Arbitrum Foundation, the organization behind the layer-2 solution, has announced a partnership with

By Web3 Station 27 Mar 2024
Optimism Allocates $3.3 Billion in OP Tokens to Developer Grants

Big Cap

Optimism Allocates $3.3 Billion in OP Tokens to Developer Grants

Optimism, a Layer-2 solution on Ethereum, has announced the allocation of 850 million OP tokens, valued at $3.3 billion, to fund community-driven projects and has outlined three additional funding rounds throughout 2024. Optimism Allocates $3.3 Billion in OP Tokens to Developer Grants In a recent announcement on the

By Web3 Station 26 Mar 2024
NEAR Launches Cross-Chain Transaction Feature

Big Cap

NEAR Launches Cross-Chain Transaction Feature

NEAR Protocol, a Layer-1 solution, has announced that users can now access multichain functionality directly from their NEAR accounts. NEAR Launches Cross-Chain Transaction Feature According to a blog post on March 27, NEAR Protocol introduces Chain Signatures, secured in part by EigenLayer, a restaking protocol on Ethereum gaining recent attention,

By Web3 Station 26 Mar 2024
Base Increases Gas Limit Threshold to Address High Transaction Fees

DeFi

Base Increases Gas Limit Threshold to Address High Transaction Fees

Following Ethereum's upgrade to Dencun and the integration of EIP-4844 proposals, transaction activities on Layer-2 networks have surged dramatically. However, limitations related to transaction fees have prompted Base to announce a solution to cope with these challenges. In its latest update, Layer-2 Base reported that since the integration

By Web3 Station 26 Mar 2024
Fantom Teases Sonic Upgrade and Ecosystem Revival Efforts

Big Cap

Fantom Teases Sonic Upgrade and Ecosystem Revival Efforts

Sonic is expected to further expand the scale of the Fantom blockchain, aiming to process up to 2,000 transactions per second. Fantom Teases Sonic Upgrade and Ecosystem Revival Efforts On the evening of March 25, 2024, Fantom Foundation unveiled new details regarding the Sonic upgrade, promising updates that will

By Web3 Station 25 Mar 2024
Base Doubles TVL in Just One Month

Big Cap

Base Doubles TVL in Just One Month

It took Base 203 days to reach the $1 billion TVL milestone, but in less than a month, this figure has doubled. Base Doubles TVL in Just One Month. Image: CoinStats In just a short month, the Total Value Locked (TVL) on Base's layer-2 network has doubled. On

By Web3 Station 24 Mar 2024
Binance Halts USDC Deposits and Withdrawals on TRON Network

Big Cap

Binance Halts USDC Deposits and Withdrawals on TRON Network

After over a month since Circle ceased USDC support on the TRON network, Binance has now made a similar decision. Binance Halts USDC Deposits and Withdrawals on TRON Network. Image: CoinJournal According to today's announcement, Binance will halt the functionality of depositing and withdrawing USDC on the TRON

By Web3 Station 24 Mar 2024
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