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[Update] Ordinals (ORDI) Surges to New Yearly High

Big Cap

[Update] Ordinals (ORDI) Surges to New Yearly High

In just 1 month, Ordinals' token ORDI has surged over 720%. Ordinals (ORDI) continues its strong upward momentum, setting a new high for the year. Photo: Unchained Crypto ORDI, one of the BRC-20 tokens launched on the Bitcoin network through the Ordinals protocol, has surged over 35% in the

By Web3 Station 05 Dec 2023
[Update] Binance Announces Compensation for Users Affected by AEUR Price Overpeg

Big Cap

[Update] Binance Announces Compensation for Users Affected by AEUR Price Overpeg

The stablecoin AEUR, pegged to the Euro newly launched by Binance, swiftly halted trading after surging threefold above its intended market capitalization. Later that day, the exchange announced a compensation framework for affected users. Stablecoin AEUR suspended by Binance due to surging to $3.25. Photo: Binance Update as of

By Web3 Station 05 Dec 2023
Nearly $180 Million Short Positions Liquidated as BTC Surpasses $44k Mark

Big Cap

Nearly $180 Million Short Positions Liquidated as BTC Surpasses $44k Mark

Bitcoin's breach of the $44,000 mark has led to the liquidation of approximately $178 million in short positions across centralized cryptocurrency exchanges (CEX) in the past 24 hours. Close to $200 Million Short Positions Liquidated as BTC Surpasses $44k Bitcoin's surge past the $44,000

By Web3 Station 05 Dec 2023
Blur Dominates 80% of NFT Trading Volume in the Market

NFT & GameFi

Blur Dominates 80% of NFT Trading Volume in the Market

Blur is currently dominating 80% of NFT trading volume, as the sector begins to show signs of resurgence after a prolonged lull. NFT Market Volume Analysis: Blur's Dominance The NFT market started signaling a "revival" last month, with a significant portion of trading volume funneled into

By Web3 Station 05 Dec 2023
Safe Multisig Wallet Integrates User Emails with SafeAuth Toolkit

defi

Safe Multisig Wallet Integrates User Emails with SafeAuth Toolkit

Safe users can now create a new multisig wallet using their email instead of a seed phrase, thanks to the new SafeAuth solution. In collaboration with Web3Auth, Safe wallet has introduced a new toolkit called SafeAuth. This solution allows users to log in to their Smart Accounts through traditional Web2

By Web3 Station 04 Dec 2023
Capital Inflows into Crypto Increase for the 10th Consecutive Week

Big Cap

Capital Inflows into Crypto Increase for the 10th Consecutive Week

Last week, cryptocurrency products and funds attracted an additional $176 million in investments, marking the 10th consecutive week of capital inflows into the crypto market. Capital inflows into crypto increase for the 10th consecutive week According to the latest statistics from CoinShares, the total influx of money into crypto investment

By Web3 Station 04 Dec 2023
Fake Voting Proposal on Stargate Scams Users of Over $40,000

defi

Fake Voting Proposal on Stargate Scams Users of Over $40,000

Stargate recently fell victim to a phishing attack via the governance platform Snapshot. Fake Voting Proposal on Stargate Scams Users of Over $40,000 LayerZero, the infrastructure provider for Stargate, confirmed this phishing attack in their Discord channel. Scammer acquired enough veSTG to be able to post proposal which has

By Web3 Station 03 Dec 2023
Hacker Begins Laundering KyberSwap Stolen Funds via Tornado Cash

defi

Hacker Begins Laundering KyberSwap Stolen Funds via Tornado Cash

The attacker behind the KyberSwap exploit has started laundering the stolen funds through Tornado Cash as of December 3rd, moving 1,000 ETH in an attempt to obfuscate the assets. According to blockchain data, the hacker responsible for the attack on KyberSwap, which resulted in a $48.8 million loss,

By Web3 Station 03 Dec 2023
Osmosis DEX and UX Chain Lending Protocol Propose Merger

defi

Osmosis DEX and UX Chain Lending Protocol Propose Merger

Osmosis, the largest decentralized exchange (DEX) on Cosmos, and the lending protocol UX Chain (formerly known as Umee) have proposed a merger to become a comprehensive DeFi project. According to a proposal on December 4th, both Osmosis DEX and UX Chain announced their efforts to leverage each other's

By Web3 Station 03 Dec 2023
Bitcoin Returns to $40,000 for the First Time in 19 Months

Big Cap

Bitcoin Returns to $40,000 for the First Time in 19 Months

Early morning on December 4th, both Bitcoin and Ethereum experienced growth volatility, pushing both to new highs for 2023. Cryptocurrency price movements at 07:15 AM on December 4th, 2023. Source: Coin360 Recent days have seen upheaval in the crypto community following the resignation of former Binance CEO Changpeng Zhao

By Web3 Station 03 Dec 2023
Arbitrum Launches On-chain Vote for STIP Program Reward Increase

Big Cap

Arbitrum Launches On-chain Vote for STIP Program Reward Increase

Arbitrum DAO has agreed to allocate an additional $23.54 million to 26 projects participating in the STIP program. Arbitrum DAO decides to add 21.4 million ARB to the STIP program. Image: Newton Two-thirds of Arbitrum DAO members have passed a Temperature Check phase to increase the reward cap

By Web3 Station 03 Dec 2023
Mantle Launches Liquid Staking Protocol on Ethereum

Big Cap

Mantle Launches Liquid Staking Protocol on Ethereum

A new product named MantleLSP aims to allow users to deposit ETH into Mantle to receive mETH, optimizing capital efficiency. Mantle has launched the Liquid Staking protocol on Ethereum On the afternoon of December 4, 2023, the modular blockchain layer-2 platform Mantle, part of the Bybit ecosystem, announced the launch

By Web3 Station 03 Dec 2023
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