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Avalanche (AVAX) Surges Nearly 120% This Month, Approaching Overbought Territory

Big Cap

Avalanche (AVAX) Surges Nearly 120% This Month, Approaching Overbought Territory

On November 21, 2023, Avalanche (AVAX) has consistently led the layer-1 sector over the past week. However, data from CryptoQuant indicates that the token is currently hovering at "overbought" levels. In the past month, various layer-1 platforms have recorded impressive price increases, with native tokens surging by more

By Web3 Station 20 Nov 2023
Blast Raises $20 Million to Increase Yields for ETH and Stablecoin Holders

defi

Blast Raises $20 Million to Increase Yields for ETH and Stablecoin Holders

Blast, the latest layer-2 solution on Ethereum, has received investments from major funds and notable KOLs in the crypto community, aiming to boost yields for ETH and stablecoin holders. According to an announcement on the morning of 21/11, the layer-2 solution Blast on Ethereum has officially launched and declared

By Web3 Station 20 Nov 2023
Argentina Elects New President - Bitcoin Price Slightly Up

Big Cap

Argentina Elects New President - Bitcoin Price Slightly Up

Bitcoin, the world's largest cryptocurrency, saw a modest 3% increase following the election of Javier Milei as President of Argentina. Argentina Elects New President - Bitcoin Price Slightly Up Preliminary voting results as of the morning of November 20 (Vietnam time) indicate that Javier Milei, the presidential candidate,

By Web3 Station 19 Nov 2023
Tether Freezes 225 Million USDT Linked to Criminal Activity

Big Cap

Tether Freezes 225 Million USDT Linked to Criminal Activity

On the evening of November 20, 2023, Tether, the world's largest stablecoin issuer, announced a significant freeze of 225 million USDT across multiple wallet addresses, totaling $225 million. This marks the largest USDT freeze ever conducted by Tether. Tether disclosed that the funds were associated with a cross-border

By Web3 Station 19 Nov 2023
Trading Volume on Solana Network Increases by 54%, Reaches New ATH

defi

Trading Volume on Solana Network Increases by 54%, Reaches New ATH

In just one week, the trading volume on DEXs within the Solana ecosystem has exceeded $2 billion, and in the first three weeks of November 2023, it set a new record with a total volume surpassing $4.7 billion. Information from Wu Blockchain indicates that the trading volume on decentralized

By Web3 Station 19 Nov 2023
dYdX Insurance Fund Depletes by $9 Million Due to YFI Dump

defi

dYdX Insurance Fund Depletes by $9 Million Due to YFI Dump

dYdX, a decentralized exchange (DEX), had to use 40% of its $22.5 million insurance fund to cover losses from the 40% price dump of the YFI token. Image: dYdX Insurance Fund Depletes by $9 Million Due to YFI Dump One of the most talked-about tokens in the crypto community

By Web3 Station 18 Nov 2023
Taproot Wizards Pioneers Bitcoin Ordinals Trend, Secures $7.5 Million in Funding

NFT & GameFi

Taproot Wizards Pioneers Bitcoin Ordinals Trend, Secures $7.5 Million in Funding

Taproot Wizards, one of the pioneering projects in the Bitcoin Ordinals space, has successfully raised $7.5 million. Taproot Wizards Pioneers Bitcoin Ordinals Trend, Secures $7.5 Million in Funding In an announcement posted on the evening of November 16, Taproot Wizards revealed that it had completed a seed funding

By Web3 Station 17 Nov 2023
Trader Joe and SpookySwap Front-End Attacks: Users Advised to Halt Transactions

defi

Trader Joe and SpookySwap Front-End Attacks: Users Advised to Halt Transactions

Trader Joe and SpookySwap Front-End Attacks Update: On the morning of November 18, SpookySwap, a DEX on the Fantom network, also reported a front-end attack and urged users to cease interactions and usage of the platform. The Spooky team is currently investigating a frontend vulnerability on our domain 😿 Please do

By Web3 Station 17 Nov 2023
Fidelity Files Application for Ethereum Spot ETF

Big Cap

Fidelity Files Application for Ethereum Spot ETF

Following in the footsteps of BlackRock, another Wall Street asset management firm, Fidelity, has announced its intention to propose an Ethereum spot ETF. Early on the morning of November 18, U.S.-based asset management giant Fidelity Investments submitted documentation to the SEC to register an Ethereum spot ETF. Fidelity&

By Web3 Station 17 Nov 2023
Worldcoin (WLD) Price Drops 12% After Sam Altman's CEO Dismissal from OpenAI

Big Cap

Worldcoin (WLD) Price Drops 12% After Sam Altman's CEO Dismissal from OpenAI

Worldcoin's token WLD has seen a significant decline following the removal of key figure Sam Altman from his CEO position at OpenAI. Sam Altman eye-scanning with Worldcoin's Orb device (WLD). Photo: Twitter Sam Altman OpenAI, a leading artificial intelligence (AI) company, announced on November 17 (U.

By Web3 Station 17 Nov 2023
SEC Delays ETF Proposals from Franklin Templeton, Global X, and Hashdex

Big Cap

SEC Delays ETF Proposals from Franklin Templeton, Global X, and Hashdex

The U.S. Securities and Exchange Commission (SEC) has further postponed three Bitcoin and Ethereum ETF proposals from Franklin Templeton, Global X, and Hashdex. SEC Delays ETF Proposals from Franklin Templeton, Global X, and Hashdex According to a statement released on November 17 (U.S. time), the U.S. Securities

By Web3 Station 17 Nov 2023
EigenLayer Launches Phase 2 Testnet, Mainnet Expected in Q1 2024

defi

EigenLayer Launches Phase 2 Testnet, Mainnet Expected in Q1 2024

On November 17, 2023, EigenLayer, a solution allowing staked ETH holders to restake their coins, announced the launch of Phase 2 of its testnet. The mainnet for this phase is expected in the first half of 2024. The goal is to allow Operators (transaction validators and node operators) to contribute

By Web3 Station 17 Nov 2023
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