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"Impersonation" Wallet Scheme to Steal 20 Million USDT Thwarted

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"Impersonation" Wallet Scheme to Steal 20 Million USDT Thwarted

A scammer attempted to steal 20 million USDT using a wallet address impersonation scheme but was successfully thwarted. Details of the Impersonation Scheme On August 01, 2023, the crypto community on Twitter noticed that stablecoin issuer Tether had blacklisted a wallet address containing 20 million USDT, effectively freezing it and

By Web3 Station 02 Aug 2023
Layer-2 Base Officially Opens ETH Bridge for Users

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Layer-2 Base Officially Opens ETH Bridge for Users

After a few weeks of deploying its mainnet for builders, Layer-2 Base has officially announced the opening of its ETH bridge to enhance user experience. Official Launch of ETH Bridge on Layer-2 Base According to a tweet from Base, bridging ETH from the Ethereum mainnet to the Layer-2 Base solution

By Web3 Station 02 Aug 2023
MicroStrategy Plans to Purchase Additional $750 Million in Bitcoin, BTC Price Surges to $30,000

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MicroStrategy Plans to Purchase Additional $750 Million in Bitcoin, BTC Price Surges to $30,000

Despite holding a Bitcoin treasury worth over $4.5 billion, billionaire Michael Saylor's company MicroStrategy shows no signs of slowing down. MicroStrategy Plans to Purchase Additional $750 Million in Bitcoin, BTC Price Surges to $29,800 Article updated with Bitcoin price. In its Q2/2023 financial report, MicroStrategy

By Web3 Station 01 Aug 2023
ApeCoin (APE) Struggles to Establish a New Bottom

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ApeCoin (APE) Struggles to Establish a New Bottom

Just days after Yuga Labs introduced new elements to the Otherside metaverse game, ApeCoin hits a record low. ApeCoin (APE) Struggles to Establish a New Bottom ApeCoin, the focal token within Yuga Labs' ambitious Otherside metaverse game, has hit an all-time low amid the backdrop of the Bored Ape

By Web3 Station 01 Aug 2023
Discovery of Ethereum Futures ETF Registrations

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Discovery of Ethereum Futures ETF Registrations

Amidst the pending approval of the Bitcoin ETF Spot applications by the SEC, the market continues to witness new developments revolving around Ethereum ETF Futures. Discovery of Ethereum Futures ETF Registrations This morning (02/08), an asset manager at Bloomberg unexpectedly discovered a series of filings submitted to the SEC

By Web3 Station 01 Aug 2023
Key Insights Ahead of Litecoin (LTC) Halving 2023 - Will Litecoin Lead Bitcoin in Price?

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Key Insights Ahead of Litecoin (LTC) Halving 2023 - Will Litecoin Lead Bitcoin in Price?

With just a few hours remaining before the third Litecoin (LTC) halving event, here are some quick facts about the upcoming event that you should know. Key Insights Ahead of Litecoin (LTC) Halving 2023 - Will Litecoin Lead Bitcoin in Price? What is Litecoin Halving? Event Timeline for Reward Reduction

By Web3 Station 01 Aug 2023
Litecoin's 3rd Halving Officially Takes Place

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Litecoin's 3rd Halving Officially Takes Place

Litecoin's third halving event occurred on August 2, 2023, upon reaching block 2,520,000, marking a milestone in this blockchain's 12-year history. Litecoin's 3rd Halving Officially Takes Place Could this signal growth for Litecoin (LTC)? The Litecoin blockchain, home to the cryptocurrency LTC

By Web3 Station 01 Aug 2023
Aave and Abracadabra Announce Proposals to Mitigate Risks from Curve Founder’s Loans

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Aave and Abracadabra Announce Proposals to Mitigate Risks from Curve Founder’s Loans

The turbulent days of Curve Finance and its CRV token are far from over. Lending projects are now proposing measures to reduce exposure to loans collateralized by CRV. Abracadabra’s AIP 13.5 Proposal Abracadabra has announced the AIP 13.5 proposal, aiming to impose higher interest rates on loans

By Web3 Station 01 Aug 2023
DeFi? There's Nothing Left...

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DeFi? There's Nothing Left...

"DeFi is dead," some might say, after the tragicomedy involving Curve Finance (CRV) with its lead actor, Michael Egorov, and a cast of notable cameos. DeFi: A Glimpse into the Past If you've been in the crypto market long enough, you've probably read the

By Web3 Station 01 Aug 2023
Uniswap Blocks Richard Heart's HEX Token Following SEC Allegations

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Uniswap Blocks Richard Heart's HEX Token Following SEC Allegations

The largest decentralized exchange (DEX) in the market, Uniswap, has blocked HEX (HEX) from its interface following allegations by the SEC that the project and its founder, Richard Schueler, unlawfully offered securities. Uniswap Blocks HEX Token Uniswap has designated HEX as an “unsupported” token and attached a warning logo indicating

By Web3 Station 01 Aug 2023
Diverging Views in Two SEC Lawsuits Targeting Terraform Labs and Ripple

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Diverging Views in Two SEC Lawsuits Targeting Terraform Labs and Ripple

A different judge believes that the SEC lawsuit against Ripple could nullify the efforts the commission is making against Terraform Labs. Diverging Views in Two SEC Lawsuits Targeting Terraform Labs and Ripple Before delving into the main content of the article, readers need to distinguish between two judges: * Jed Rakoff

By Web3 Station 31 Jul 2023
On-Chain Developments of the BALD Memecoin Rug Pull

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On-Chain Developments of the BALD Memecoin Rug Pull

Join Coin68 as we revisit the pump-and-dump journey of BALD, the "one-day" memecoin on the newly launched layer-2 Base by Coinbase. The On-Chain Journey of the BALD Rug Pull According to DefiLlama, Coinbase's layer-2 Base experienced a significant TVL increase to $11.71 million within 24

By Web3 Station 31 Jul 2023
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