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Polkadot Proposes Changing Parachain Auction Mechanism to Core Fragments

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Polkadot Proposes Changing Parachain Auction Mechanism to Core Fragments

Gavin Wood, the founder of Polkadot, has recently proposed a plan known as Polkadot 2.0, aiming to comprehensively change the network's mechanism, specifically the operation of Parachain auctions. Polkadot Proposes Changing Parachain Auction Mechanism to Core Fragments During the Decoded conference in June, founder Gavin Wood shared

By Web3 Station 14 Jul 2023
Stablecoin GHO Officially Launched on Ethereum Mainnet

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Stablecoin GHO Officially Launched on Ethereum Mainnet

The Aave protocol has officially launched its stablecoin, GHO, on the Ethereum mainnet following a period of community voting. Stablecoin GHO Officially Launched on Mainnet Previously, in February 2023, the Aave team conducted tests with the GHO stablecoin on the Goerli testnet. With GHO now live on the mainnet, Aave

By Web3 Station 14 Jul 2023
Crypto Exchanges Re-list XRP Following SEC Victory

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Crypto Exchanges Re-list XRP Following SEC Victory

Multiple exchanges including Binance.US and Coinbase resume XRP support following the court ruling in favor of the coin. Crypto Exchanges Re-list XRP Following SEC Victory According to Coin68's latest compilation, leading exchanges such as Coinbase, Crypto.com, Kraken Pro, Gemini, and Binance.US have begun or are

By Web3 Station 13 Jul 2023
SOL, MATIC, ADA Surge After Ripple (XRP) Ruling Not Classified as Investment Contract

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SOL, MATIC, ADA Surge After Ripple (XRP) Ruling Not Classified as Investment Contract

The indirect ruling stating Ripple (XRP) is not a security is revitalizing the entire cryptocurrency market, particularly tokens facing similar allegations. SOL, MATIC, ADA Surge After Ripple (XRP) Ruling Not Classified as Investment Contract As reported by Coin68 on the evening of July 13, the presiding judge in the lawsuit

By Web3 Station 13 Jul 2023
Layer-2 Base Deploys Mainnet

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Layer-2 Base Deploys Mainnet

After an extensive period of network testing, the Layer-2 solution Base has officially launched its mainnet. Source: Base Twitter Base's Twitter account announced that the mainnet would now be available for developers, enabling projects to start building their products on this platform. Since our testnet launch, we’ve

By Web3 Station 13 Jul 2023
Multichain Officially Shuts Down, Confirms CEO Zhaojun's Arrest

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Multichain Officially Shuts Down, Confirms CEO Zhaojun's Arrest

Multichain, the prominent cross-chain protocol, has officially announced that its CEO, Zhaojun, has been arrested by Chinese authorities. Source: Coin68 Twitter According to Multichain, the police have confiscated Zhaojun's computers, phones, hardware wallets, and access codes. Despite the project's reliance on a multi-signature key protection mechanism,

By Web3 Station 13 Jul 2023
Synthetix Introduces Infinex Trading Platform

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Synthetix Introduces Infinex Trading Platform

Kain Warwick, the founder of the derivatives protocol Synthetix, has unveiled Infinex, a decentralized trading platform focused on perpetual futures contracts. Source: Synthetix Twitter With this move, Warwick aims to position the project to compete with centralized exchanges like Binance, which handle daily trading volumes in the billions of dollars.

By Web3 Station 13 Jul 2023
Polygon Proposes Renaming MATIC to POL, Becoming Multi-Blockchain Token

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Polygon Proposes Renaming MATIC to POL, Becoming Multi-Blockchain Token

Polygon has announced a proposal to change the "face" of the MATIC token, transforming it into the universal currency of the entire Polygon blockchain ecosystem. Polygon Proposes Renaming MATIC to POL, Becoming Multi-Blockchain Token Polygon, the blockchain aiming to scale Ethereum, has finally unveiled a long-awaited change related

By Web3 Station 12 Jul 2023
Judge Declares Ripple's XRP Sales Agreement Not an Investment Contract

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Judge Declares Ripple's XRP Sales Agreement Not an Investment Contract

After a prolonged three-year legal battle, Ripple has finally received an "indirect" court ruling that XRP is not a security. Judge Declares Ripple's XRP Sales Agreement Not an Investment Contract On the evening of July 13 (Vietnam time), the judge overseeing the lawsuit between the U.

By Web3 Station 12 Jul 2023
MATIC Gains Momentum Ahead of Polygon 2.0 Upgrade

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MATIC Gains Momentum Ahead of Polygon 2.0 Upgrade

The Open Interest for MATIC trading pairs has surged from $109 million to $160 million in the past 24 hours. MATIC Gains Momentum Ahead of Polygon 2.0 Upgrade MATIC, the cryptocurrency powering Ethereum scaling solution Polygon, surged 10% yesterday (11/07) as the highly anticipated Polygon 2.0 upgrade

By Web3 Station 11 Jul 2023
First Smart Contract Attack Indictment in the US

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First Smart Contract Attack Indictment in the US

The US Department of Justice (DOJ) has charged Shakeeb Ahmed with stealing $9 million from a Solana-based decentralized exchange (DEX) using a common flash loan method. Details of the Case On July 11, the DOJ ordered the arrest of Shakeeb Ahmed, a security engineer, for fraud and money laundering. Ahmed

By Web3 Station 11 Jul 2023
Starknet Deploys Quantum Leap Upgrade on Mainnet

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Starknet Deploys Quantum Leap Upgrade on Mainnet

Starknet has just deployed the Quantum Leap V12.0 upgrade on its mainnet. This update is expected to significantly enhance the network's processing speed in the coming period. Source: Starknet Twitter The upgrade was announced by the Starknet team on their Twitter account, following about a week of

By Web3 Station 11 Jul 2023
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