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Tether (USDT) Gains 21% Market Share in 2023, Dominates Two-Thirds of Stablecoin Supply

Big Cap

Tether (USDT) Gains 21% Market Share in 2023, Dominates Two-Thirds of Stablecoin Supply

Tether's USDT now commands over 70% of the total stablecoin supply circulating in the market, surpassing its competitors in 2023. Tether (USDT) Gains 21% Market Share in 2023, Dominates Two-Thirds of Stablecoin Supply. Image: Decrypt Tether, the issuer of USDT, saw its stablecoin market share rise from 50%

By Web3 Station 14 Jan 2024
Google Cloud Partners as Validator for Flare, FLR Surges 40%

Big Cap

Google Cloud Partners as Validator for Flare, FLR Surges 40%

As part of their collaboration, Flare has joined the "Google for Startups" program to boost the Web3 startup ecosystem. Google Cloud Partners as Validator for Flare, FLR Surges 40%. Image: Google The cloud technology platform of tech giant Google has become a validator and infrastructure provider for the

By Web3 Station 14 Jan 2024
Proposal for Lido Finance to Launch Its Own Blockchain Emerges

DeFi

Proposal for Lido Finance to Launch Its Own Blockchain Emerges

The Lido Finance community has recently seen a proposal to launch a dedicated blockchain for Liquid Staking operations, aiming to increase the value accumulated for the project's native token. The proposal, named "The L1do Blockchain," was introduced on Lido's forum, outlining a plan to

By Web3 Station 14 Jan 2024
Aave Considers Proposal to Deploy V3 MVP on Neon EVM

DeFi

Aave Considers Proposal to Deploy V3 MVP on Neon EVM

A new proposal could provide an opportunity to capture a share of the Solana DeFi market, grow the user community, and increase TVL and protocol revenue for Aave if approved. The Neon Foundation and the Aave-Chan Initiative are considering a proposal to deploy a Minimum Viable Product (MVP) version of

By Web3 Station 14 Jan 2024
Azuki Announces New Products for 2024 and NFT Collector Rewards Mechanism

NFT & GameFi

Azuki Announces New Products for 2024 and NFT Collector Rewards Mechanism

Azuki has unveiled Collector Status 1.0, a points-based reward system for its blue-chip NFT community, alongside several other updates in its 2024 development roadmap. To mark its 2-year anniversary, Azuki previewed upcoming product launches, marking a transition from the "Elementals" drama of mid-2023. We started as an

By Web3 Station 13 Jan 2024
SEC Chairman Responds Vaguely on Prospects for Ethereum Spot ETF

Big Cap

SEC Chairman Responds Vaguely on Prospects for Ethereum Spot ETF

SEC Chairman Gary Gensler once again affirmed that his agency currently only allows for the creation of spot ETFs for Bitcoin, and not for any other cryptocurrencies. SEC Chairman Responds Vaguely on Prospects for Ethereum Spot ETF. Photo: Bloomberg In an interview with CNBC on January 12th (US time), SEC

By Web3 Station 12 Jan 2024
Bitcoin Spot ETF Trades Reach $3.1 Billion on Second Day - BTC Price Continues Decline

Big Cap

Bitcoin Spot ETF Trades Reach $3.1 Billion on Second Day - BTC Price Continues Decline

Bitcoin spot ETFs continue to see impressive trading activity, albeit slightly lower than the first day. Bitcoin Spot ETF Trades Reach $3.1 Billion on Second Day - BTC Price Continues Decline According to data from The Block, the second day of Bitcoin spot ETF trading (12/01 - US

By Web3 Station 12 Jan 2024
Bitcoin Halving Event 4 Approaches in 100 Days

Big Cap

Bitcoin Halving Event 4 Approaches in 100 Days

The world's largest cryptocurrency network, Bitcoin, is just 100 days away from its fourth halving event in history. Bitcoin Halving Event 4 Approaches in 100 Days According to data from the Bitcoin network's block explorer Blockchair, Bitcoin is set to undergo its fourth halving event in

By Web3 Station 12 Jan 2024
Triple-A Game SkyArk Chronicles Completes $15 Million Funding Round, Led by Binance Labs

NFT & GameFi

Triple-A Game SkyArk Chronicles Completes $15 Million Funding Round, Led by Binance Labs

SkyArk Chronicles recently announced the successful closure of a $15 million funding round led by prominent investors including Binance Labs. According to a release by X on January 12, SkyArk Chronicles secured funding led by Binance Labs, along with contributions from VividThree, GuildFi, Jambo, BreederDAO, Kyros Venture, and notable individuals

By Web3 Station 12 Jan 2024
Berachain Launches Artio Testnet, Targets Mainnet by Mid-2024

Big Cap

Berachain Launches Artio Testnet, Targets Mainnet by Mid-2024

Berachain, a layer-1 project built on Cosmos and EVM-compatible, has announced the launch of its testnet named Artio, paving the way for a mainnet release in Q2/2024. Berachain Launches Artio Testnet, Targets Mainnet by Mid-2024 On the evening of January 11, the layer-1 platform developed on Cosmos and compatible

By Web3 Station 11 Jan 2024
Optimism Deploys Canyon Upgrade on Mainnet

Big Cap

Optimism Deploys Canyon Upgrade on Mainnet

After an extensive testing period, Optimism's Canyon upgrade has finally been officially deployed on the mainnet. Optimism Deploys Canyon Upgrade on Mainnet Optimism (OP) officially deployed the Canyon upgrade to the mainnet at 00:00 early morning on January 12, 2024. This is the first major update since

By Web3 Station 11 Jan 2024
ETF Bitcoin Spot Records $4.6 Billion Trading Volume on First Day of Trading

Big Cap

ETF Bitcoin Spot Records $4.6 Billion Trading Volume on First Day of Trading

The Bitcoin spot ETFs opened to impressive trading volumes on January 11 but failed to sustain stable momentum for BTC. ETF Bitcoin Spot Records $4.6 Billion Trading Volume on First Day of Trading Updated as of the evening of January 12, 2024: According to BitMEX Research data, the influx

By Web3 Station 11 Jan 2024
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