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Bitcoin (BTC) Profitability Reaches Highest Levels Since November 2021

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Bitcoin (BTC) Profitability Reaches Highest Levels Since November 2021

Recent statistics indicate that the amount of Bitcoin (BTC) currently in profit has reached its highest levels in several years. Bitcoin in Profit Reaches Record High Since November 2021. Image: VnEconomy Record Bitcoin Profitability The amount of Bitcoin currently in profit has surpassed 16.3 million BTC, equivalent to 83.

By Web3 Station 27 Nov 2023
Transaction Volume on Leading EVM Chains Surges Over 1,000%

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Transaction Volume on Leading EVM Chains Surges Over 1,000%

Transaction volumes on several Ethereum Virtual Machine (EVM) compatible chains such as Avalanche, Celo, Fantom, BNB Chain, and Polygon have experienced significant surges since mid-November. Transaction Volume on Leading EVM Chains Surges Over 1,000%. Image: fiizon According to data from The Block, transaction volumes on EVM-compatible blockchains like Avalanche,

By Web3 Station 27 Nov 2023
Tornado Cash (TORN) Plummets After Binance Delisting Announcement

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Tornado Cash (TORN) Plummets After Binance Delisting Announcement

After Binance exchange announced the delisting of Tornado Cash (TORN), the token plummeted over 55%. Tornado Cash (TORN) Plummets After Binance Delisting Announcement Image: Reuters As reported by Coin68, Binance will officially delist projects including Tornado Cash (TORN), BitShares (BTS), PERLeco (PERL), and Waltonchain (WTC) effective December 7th, 2023, citing

By Web3 Station 27 Nov 2023
Jito Sol Announces Retroactive Airdrop for Early Users

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Jito Sol Announces Retroactive Airdrop for Early Users

Jito, the staking platform on Solana, has launched its token JTO, offering retroactive airdrop rewards to early supporters of the product. With the launch of the JTO token, users can participate in voting on changes to StakeNet parameters, manage reserve funds, and oversee revenue generated from JitoSOL. 3. Empowering Community

By Web3 Station 27 Nov 2023
Azuki DAO Rebrands, Transitions into a Memecoin Project

NFT & GameFi

Azuki DAO Rebrands, Transitions into a Memecoin Project

Azuki DAO has rebranded as "Bean" following its withdrawal of legal action against the project's founder, Zagabond. Azuki DAO Transforms into a Memecoin Project. Source: Zipmex According to the announcement, the DAO will officially pivot to a memecoin project and become part of the emerging and

By Web3 Station 27 Nov 2023
Axie Infinity Collaborates with Grab Philippines, Offers Rewards to Users, AXS Price Increases by 12%

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Axie Infinity Collaborates with Grab Philippines, Offers Rewards to Users, AXS Price Increases by 12%

Axie Infinity has teamed up with Grab Philippines to provide rewards and discounts to users, opening up opportunities to reach new potential customers. The AXS price has responded positively to this news. Axie Infinity Collaborates with Grab Philippines, Offers Rewards to Users, AXS Price Increases by 12% On November 24th,

By Web3 Station 26 Nov 2023
Cosmos Founder Proposes Blockchain Hard Fork, ATOM Price Declines

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Cosmos Founder Proposes Blockchain Hard Fork, ATOM Price Declines

Despite passing a proposal to reduce annual inflation rates, internal conflicts within Cosmos show no signs of abating. Recently, the founder of Cosmos has called for a blockchain hard fork. Cosmos Founder Proposes Blockchain Hard Fork, ATOM Price Declines The Cosmos blockchain community is increasingly divided. As reported by Coin68

By Web3 Station 26 Nov 2023
Noteworthy Token Unlock Events in December 2023

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Noteworthy Token Unlock Events in December 2023

The final month of 2023 witnesses several token unlock events, with the most notable being DYDX at approximately $500 million and APT at around $176 million. Noteworthy Token Unlock Events in December 2023 According to data from Token Unlocks, the cryptocurrency market in December is set to see approximately $760

By Web3 Station 26 Nov 2023
Binance Announces Delisting of TORN, BTS, PERL, and WTC

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Binance Announces Delisting of TORN, BTS, PERL, and WTC

Binance exchange has announced the delisting of Tornado Cash (TORN), BitShares (BTS), PERLeco (PERL), and Waltonchain (WTC) projects due to their failure to meet the exchange's standards. Binance Announces Delisting of TORN, BTS, PERL, and WTC In its latest announcement, effective from 7th December 2023, Binance will no

By Web3 Station 26 Nov 2023
OpenSea Accused of "Dirty Shilling" for NFT Project FATZUKI Despite 4-Month Inactivity

NFT & GameFi

OpenSea Accused of "Dirty Shilling" for NFT Project FATZUKI Despite 4-Month Inactivity

OpenSea has been accused of "dirty shilling" for FATZUKI, an NFT collection inspired by Azuki that has been inactive since late July 2023. The platform initially published and then removed a post about FATZUKI. OpenSea's "Dirty Shilling" for NFT Project FATZUKI. Source: X (Twitter)

By Web3 Station 26 Nov 2023
Hacker Refuses to Return Funds, Kyber Network Threatens Legal Action

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Hacker Refuses to Return Funds, Kyber Network Threatens Legal Action

As the deadline for returning 90% of the stolen $47 million passed, Kyber Network extended the deadline and threatened legal action if the hacker did not comply. Update on 29/11/2023: After several days of silence, the hacker behind the $47 million KyberSwap attack has finally responded to the

By Web3 Station 26 Nov 2023
Cosmos (ATOM) Approves Proposal to Reduce Inflation Rate to 10%

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Cosmos (ATOM) Approves Proposal to Reduce Inflation Rate to 10%

After several days of unexpected developments, the proposal to minimize the inflation rate of Cosmos (ATOM) has officially been approved. Cosmos (ATOM) Approves Proposal to Reduce Inflation Rate to 10% Proposal 848 was approved by the Cosmos community on November 26th. The results of this voting session were narrowly in

By Web3 Station 25 Nov 2023
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