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Top 5 Highest Revenue DeFi Protocols of 2023

DeFi

Top 5 Highest Revenue DeFi Protocols of 2023

According to Blockworks, the following are the top five DeFi protocols of 2023 based on revenue metrics, with data compiled from DeFiLlama as of December 13, 2023. 1. Maker - $95.91 Million Since 2022, Maker has diversified its revenue streams by investing in U.S. government bonds. The launch

By Web3 Station 25 Dec 2023
Epic Games Store Changes Policy, Allows Blockchain Games to Return

NFT & GameFi

Epic Games Store Changes Policy, Allows Blockchain Games to Return

In a recent update, the Epic Games Store, owned by gaming giant Epic Games, has revised its policies to allow blockchain-based games to be listed again. 📣 Heads up: Gods Unchained and Striker Manager 3 have returned to the Store after a change in our content policy regarding ratings for blockchain-based

By Web3 Station 25 Dec 2023
Sotheby's Records $35 Million in NFT Auction Revenue for 2023

NFT & GameFi

Sotheby's Records $35 Million in NFT Auction Revenue for 2023

Sotheby's, the venerable 279-year-old British auction house, reported $35 million in revenue from NFT auctions in 2023. Michael Bouhanna, Vice President of Sotheby's, stated that the auction house achieved this milestone amid what he called "one of the most exciting years for digital art."

By Web3 Station 25 Dec 2023
Upgrade Dencun of Ethereum Scheduled for Late February 2024

Big Cap

Upgrade Dencun of Ethereum Scheduled for Late February 2024

Ethereum developers have outlined an anticipated schedule to roll out the Dencun upgrade across various testnets, culminating in the mainnet launch by late February 2024. Upgrade Dencun of Ethereum Scheduled for Late February 2024 At a recent bi-weekly meeting, Ethereum developers tentatively set the deployment schedule for the Dencun upgrade

By Web3 Station 21 Dec 2023
Tellor (TRB) Drops from $185 to $128 in a Single Day

Tellor (TRB) Drops from $185 to $128 in a Single Day

On December 20th alone, the price of Tellor (TRB) experienced significant volatility, surging to $185 before swiftly retreating to $128, believed to be influenced by whale activity. Tellor (TRB) Drops from $185 to $128 in a Single Day On the evening of December 20th, the price of Tellor (TRB) saw

By Web3 Station 20 Dec 2023
PancakeSwap Proposes 40% Supply Reduction, CAKE "Pumps" 25%

Big Cap

PancakeSwap Proposes 40% Supply Reduction, CAKE "Pumps" 25%

This move can be seen as one of PancakeSwap's efforts to reduce CAKE token inflation rate annually to just 3 - 5%. PancakeSwap Proposes 40% Supply Reduction, CAKE "Pumps" 25% On the afternoon of December 21, 2023, PancakeSwap, the leading DEX platform on the BNB Chain

By Web3 Station 20 Dec 2023
Starknet Chooses Avail for Appchain Data Availability Solution

DeFi

Starknet Chooses Avail for Appchain Data Availability Solution

StarkWare, the development team behind Starknet, has partnered with Avail to enhance data availability for future projects building their own blockchains, known as appchains, on Starknet. Starknet Chooses Avail for Appchain Data Availability Solution Avail, a modular blockchain project spun off from Polygon, will provide data availability solutions for Starknet&

By Web3 Station 20 Dec 2023
EigenLayer Introduces Restaked Rollup Model in Collaboration with AltLayer

DeFi

EigenLayer Introduces Restaked Rollup Model in Collaboration with AltLayer

EigenLayer has recently announced a partnership with AltLayer to introduce a new model called the Restaked Rollup. EigenLayer Introduces Restaked Rollup Model in Collaboration with AltLayer The Restaked Rollup model, proposed by AltLayer—a service provider specializing in Rollup as a Service (RaaS)—is supported and facilitated by EigenLayer. 1/

By Web3 Station 20 Dec 2023
Solana (SOL) Hits New Yearly High, Surpasses XRP to Enter Top 5 Market Cap

Big Cap

Solana (SOL) Hits New Yearly High, Surpasses XRP to Enter Top 5 Market Cap

SOL is currently trading at its highest level in 20 months, driven by the vibrancy of the DeFi ecosystem and the resurgence of the memecoin craze. Solana (SOL) Hits New Yearly High, Surpasses XRP to Enter Top 5 Market Cap. Photo: CNBC Solana (SOL) has officially surpassed XRP, becoming the

By Web3 Station 20 Dec 2023
Frame, a Layer-2 Solution for NFTs, Announces Airdrop

NFT & GameFi

Frame, a Layer-2 Solution for NFTs, Announces Airdrop

Frame, a new Layer-2 solution tailored for NFTs launched in September, has announced its latest fundraising round and a community gratitude airdrop. According to a post released on the evening of December 19th, Frame, the Layer-2 platform dedicated to NFTs, will conduct an airdrop for its user community in early

By Web3 Station 20 Dec 2023
TVL EigenLayer Approaches $1 Billion USD After Boosting Restaking Limits

Big Cap

TVL EigenLayer Approaches $1 Billion USD After Boosting Restaking Limits

EigenLayer's cumulative TVL (Total Value Locked) has once again surged following its decision to increase limits on liquid restaking pools. TVL EigenLayer Approaches $1 Billion USD After Boosting Restaking Limits After increasing limits on liquid staking pools, EigenLayer's TVL has skyrocketed in the past day, reaching

By Web3 Station 19 Dec 2023
Shiba Inu Prepares to Launch '.shib' Internet Domain

Big Cap

Shiba Inu Prepares to Launch '.shib' Internet Domain

The Shiba Inu development team is collaborating with D3 to introduce the '.shib' internet domain, in an effort to move away from the memecoin shadow. Shiba Inu Prepares to Launch '.shib' Internet Domain. Photo: Fast Revealed on the project's Telegram channel, a Shiba Inu

By Web3 Station 19 Dec 2023
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