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Dymension Announces Modular Liquidity Layer Solution

DeFi

Dymension Announces Modular Liquidity Layer Solution

Dymension, the infrastructure solution supporting the development of RollApps, has recently launched its Modular Liquidity platform. The new solution will provide Rollup applications (also known as RollApps) with liquidity and settlement support through this innovative layer from Dymension. The Modular Liquidity Layer is live!https://t.co/YZAqe0JLzb pic.twitter.

By Web3 Station 18 Feb 2024
FixedFloat Exchange Hacked with Losses Amounting to $26.1 Million

DeFi

FixedFloat Exchange Hacked with Losses Amounting to $26.1 Million

FixedFloat exchange has recently fallen victim to hackers, incurring total estimated losses of $26.1 million. After detecting a series of suspicious transactions, the exchange was forced to switch to maintenance mode and has yet to resume operations. On the Bitcoin network, 409 BTC (equivalent to $21.17 million) were

By Web3 Station 17 Feb 2024
Yuga Labs has acquired PROOF, taking over the NFT collection known as Moonbirds.

NFT & GameFi

Yuga Labs has acquired PROOF, taking over the NFT collection known as Moonbirds.

Yuga Labs has announced the acquisition of PROOF, the entity behind the NFT collection Moonbirds. Yuga Labs acquires PROOF, taking over the NFT collection Moonbirds. Image: Defiant Yuga Labs has just unveiled a deal to acquire PROOF, the organization renowned for the Moonbirds NFT collection. However, Yuga Labs has declined

By Web3 Station 17 Feb 2024
Bitcoin Mining Difficulty Hits New High Just 2 Months Before Halving

Big Cap

Bitcoin Mining Difficulty Hits New High Just 2 Months Before Halving

For the first time in history, Bitcoin's mining difficulty algorithm has surpassed the 80 trillion hash mark, indicating miners are still actively competing to extract BTC as the halving event approaches. Bitcoin Mining Difficulty Hits New High Just 2 Months Before Halving Following the latest adjustment on the

By Web3 Station 16 Feb 2024
Linea Launches Mainnet Alpha V2 with Transaction Fee Improvements

DeFi

Linea Launches Mainnet Alpha V2 with Transaction Fee Improvements

Layer-2 solution Linea has recently announced the launch of its updated Alpha V2 version, featuring significant changes in operational costs and user experience. With Alpha V2, the cost of sending verification proofs to Layer-1 has been reduced by 90% compared to Alpha V1. These cost reductions have been achieved through

By Web3 Station 16 Feb 2024
Worldcoin (WLD) Surges 25% Following OpenAI's Launch of Text-to-Video Tool Sora

Big Cap

Worldcoin (WLD) Surges 25% Following OpenAI's Launch of Text-to-Video Tool Sora

Worldcoin's WLD token has shown a remarkably positive response to OpenAI's newly unveiled text-to-video tool, Sora. Worldcoin (WLD) Surges 20% Following OpenAI's Launch of Text-to-Video Tool. Photo: OpenAI In the early hours of February 16, OpenAI, the AI company behind the world-renowned ChatGPT chatbot,

By Web3 Station 15 Feb 2024
Uniswap Announces Launch Date for Version v4 Arigatou

DeFi

Uniswap Announces Launch Date for Version v4 Arigatou

The Uniswap Foundation has announced that the launch of Uniswap v4 is expected in Q3 2024. According to an announcement on X, Uniswap is currently in the initial development phase of its fourth version of the decentralized exchange (DEX). This phase includes finalizing the core code, testing, optimizing gas fees,

By Web3 Station 15 Feb 2024
FDUSD Trading Pairs Achieve Record Volume on Binance

Big Cap

FDUSD Trading Pairs Achieve Record Volume on Binance

As of February 12, 2024, FDUSD trading pairs accounted for 38% of the spot trading volume on the Binance exchange. FDUSD Trading Pairs Achieve Record Volume on Binance. Image: CoinDesk FDUSD and related stablecoin pairs are garnering significant user attention. According to data from February 12, FDUSD achieved its highest-ever

By Web3 Station 14 Feb 2024
Aptos Introduces Passwordless Passkey Authentication

Big Cap

Aptos Introduces Passwordless Passkey Authentication

Aptos Introduces Passwordless Passkey Authentication. Image: Aptos Addressing the vulnerabilities associated with password usage, Aptos Labs has introduced the ability to sign transactions using passkeys on its layer-1 network. Typically, when setting up a new wallet account, users must remember or securely store their complex private keys encrypted by a

By Web3 Station 14 Feb 2024
StarkWare CEO Responds to Criticism Surrounding Starknet's STRK Token Airdrop

Big Cap

StarkWare CEO Responds to Criticism Surrounding Starknet's STRK Token Airdrop

Despite mixed reactions from the cryptocurrency community, StarkWare remains steadfast in its distribution plan for the STRK tokens on Starknet. StarkWare CEO Responds to Criticism Surrounding Starknet's STRK Token Airdrop Starknet Unlocks 13% of Total Supply of STRK Just 2 Months After Airdrop As reported by Coin68, on

By Web3 Station 14 Feb 2024
EigenLayer Enters Top 5 DeFi Protocols by Total Value Locked (TVL)

EigenLayer Enters Top 5 DeFi Protocols by Total Value Locked (TVL)

EigenLayer's restaking protocol has reached a milestone with a TVL of $7.03 billion USD, marking a 20-fold increase compared to December last year. EigenLayer Enters Top 5 DeFi Protocols by TVL. Image: EigenLayer As of the latest updates, EigenLayer now ranks 5th in terms of TVL among

By Web3 Station 14 Feb 2024
TRON Announces Roadmap for Layer-2 Development on Bitcoin

Big Cap

TRON Announces Roadmap for Layer-2 Development on Bitcoin

TRON has set its sights on expanding the Bitcoin ecosystem by unveiling plans to build a new layer-2 solution for the world's largest cryptocurrency network. TRON Announces Roadmap for Layer-2 Development on Bitcoin. Image: CCN On the afternoon of February 15, TRON founder Justin Sun surprised the crypto

By Web3 Station 14 Feb 2024
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