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Jupiter (JUP) Surges Following Massive Airdrop for Solana Users

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Jupiter (JUP) Surges Following Massive Airdrop for Solana Users

DEX platform Jupiter has reportedly conducted the largest airdrop in Solana's history, resulting in the JUP token's price exceeding expectations and rising to approximately $0.75. After the airdrop and listing on a centralized exchange (CEX) last night (January 31), the JUP token, initially trading around

By Web3 Station 31 Jan 2024
Global X Withdraws from Bitcoin Spot ETF Race

Big Cap

Global X Withdraws from Bitcoin Spot ETF Race

Global X has withdrawn its application for a Bitcoin spot ETF, following a submission to the U.S. Securities and Exchange Commission (SEC) on January 30. Global X withdraws from Bitcoin spot ETF race. Photo: U Today Global X filed for a Bitcoin spot ETF back in August last year.

By Web3 Station 30 Jan 2024
Ethereum Completes Dencun Upgrade on Sepolia Testnet

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Ethereum Completes Dencun Upgrade on Sepolia Testnet

The Dencun upgrade has been deployed on 2 out of 3 test networks, gearing up for its impending mainnet release. Ethereum has successfully implemented the Dencun upgrade on the Sepolia testnet early on January 31 at 5:21 AM. This marks the second successful testnet deployment following Goerli on January

By Web3 Station 30 Jan 2024
Chris Larsen, Ripple Co-Founder, Hacked for $112.5 Million

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Chris Larsen, Ripple Co-Founder, Hacked for $112.5 Million

On the evening of January 31, the Twitter community reported that Ripple had been hacked, resulting in an estimated loss of $112.5 million. Ripple (XRP) Hacked for $112.5 Million Update: Ripple co-founder Chris Larsen subsequently acknowledged that "a few" personal accounts were compromised by malicious actors,

By Web3 Station 30 Jan 2024
Tether Reports $6.2 Billion Profit in 2023

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Tether Reports $6.2 Billion Profit in 2023

The latest financial report from Tether indicates it was one of the most profitable companies in the cryptocurrency sector in 2023. Tether Achieves $6.2 Billion Profit in 2023. Image: Financial Times On the evening of January 31, 2024, Tether (USDT), the stablecoin issuer, released its financial report for Q4

By Web3 Station 30 Jan 2024
Magic Eden Launches Multi-Chain Wallet Compatible with 4 Blockchains

NFT & GameFi

Magic Eden Launches Multi-Chain Wallet Compatible with 4 Blockchains

Magic Eden Launches Multi-Chain Wallet Compatible with 4 Blockchains (Image: NFT News Today) NFT marketplace Magic Eden has officially launched a multi-chain wallet supporting 4 different blockchains: Solana, Bitcoin, Polygon, and Ethereum, following a two-month beta run since late last year. Monday. pic.twitter.com/npXjnSB6ZR — Magic Eden 🪄 (@MagicEden) January

By Web3 Station 30 Jan 2024
Celo Integrates Circle's Stablecoin, Proposes Using USDC as Gas Fees

Big Cap

Celo Integrates Circle's Stablecoin, Proposes Using USDC as Gas Fees

The deployment of USDC will help Celo, a layer-1 network currently transitioning to layer-2, accelerate its journey to becoming a blockchain hub for Real World Assets (RWA). Celo integrates Circle's stablecoin, proposes using USDC as gas fees Circle, the issuer of stablecoins like USDC and EURC, has announced

By Web3 Station 29 Jan 2024
Starknet Integrates Blobstream Solution from Celestia

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Starknet Integrates Blobstream Solution from Celestia

Layer-2 solution Starknet has announced the integration of the Blobstream mechanism from Celestia, a data availability platform that has been gaining significant attention recently. In a post on social media platform X, Starknet's official account stated that integrating Blobstream from Celestia will enhance performance for Layer-3 solutions built

By Web3 Station 29 Jan 2024
dYdX Chain Adds Liquid Staking Support in New Version Arigatou

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dYdX Chain Adds Liquid Staking Support in New Version Arigatou

dYdX Chain, the blockchain developed by the DEX platform dYdX, has added liquid staking support in its latest version, v3.0. According to the announcement on January 30, dYdX Chain has completed its upgrade to version 3.0, introducing multi-chain account features and the development of liquid staking on the

By Web3 Station 29 Jan 2024
Solana Sets New Record with "Airdrop Frenzy" of WEN

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Solana Sets New Record with "Airdrop Frenzy" of WEN

The number of active wallets on Solana has hit a new record following the DEX Jupiter's announcement of the WEN memecoin airdrop on January 26. Solana sets new record with "airdrop frenzy" of WEN. Photo: WEN Solana (SOL), one of the best-performing altcoins in 2023, continues

By Web3 Station 28 Jan 2024
Stellar (XLM) Delays Smart Contract Upgrade Due to Bug Discovery

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Stellar (XLM) Delays Smart Contract Upgrade Due to Bug Discovery

Despite the bug being deemed minor, Stellar has proposed delaying its upgrade following feedback from the developer community. Stellar (XLM) delays smart contract upgrade due to bug discovery. Photo: Coinkolik According to last week's announcement, the Stellar Development Foundation (SDF)—the organization behind the Stellar blockchain—identified a

By Web3 Station 28 Jan 2024
Ava Labs Develops Vryx Scaling Solution to Propel Avalanche to 100,000 TPS

Big Cap

Ava Labs Develops Vryx Scaling Solution to Propel Avalanche to 100,000 TPS

Ava Labs has just announced the development of a scalable solution named Vryx, designed to significantly enhance the transaction processing speed of the Avalanche blockchain to up to 100,000 transactions per second (TPS). Ava Labs develops Vryx scaling solution to help Avalanche achieve 100,000 TPS In their latest

By Web3 Station 26 Jan 2024
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