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Argentina Fan Token Skyrockets 70% After World Cup Final Spot

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Argentina Fan Token Skyrockets 70% After World Cup Final Spot

The fan token for Argentina’s national football team (ARG) has surged by 70% following Lionel Messi and his teammates securing a spot in the FIFA World Cup final. Argentina Fan Token Jumps 70% After World Cup Final Qualification Argentina's national team clinched its place in the FIFA

By Web3 Station 14 Dec 2022
Mithril (MITH) Demands $53 Million Refund from Binance for Unilateral Delisting

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Mithril (MITH) Demands $53 Million Refund from Binance for Unilateral Delisting

Mithril, a blockchain-based social network on the BNB Chain, has demanded a refund of approximately $53 million from Binance, after the exchange unexpectedly decided to delist the MITH token on December 15. Update - December 16: By 2 PM on December 16, CZ officially responded to Mithril's request.

By Web3 Station 14 Dec 2022
Tether Plans to Eliminate All Secured Loans by 2023

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Tether Plans to Eliminate All Secured Loans by 2023

Tether (USDT), the issuer of the popular stablecoin, has announced its intention to completely eliminate all secured loans by 2023. Tether Plans to Eliminate All Secured Loans by 2023 In an interview with The Wall Street Journal on December 13, Tether revealed that its secured loans currently amount to $6.

By Web3 Station 13 Dec 2022
CFTC Declares Ethereum as a Commodity in Court Filing

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CFTC Declares Ethereum as a Commodity in Court Filing

The Commodity Futures Trading Commission's (CFTC) assertion that Ethereum (ETH) is a commodity is fueling optimism about a brighter future for the project. On December 13, the CFTC reaffirmed Ethereum's status as a commodity in a court filing related to the FTX case. This declaration builds

By Web3 Station 13 Dec 2022
HOOK Drops Nearly 20% After Announcing Transfer of 100 Million Tokens to Binance

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HOOK Drops Nearly 20% After Announcing Transfer of 100 Million Tokens to Binance

The price of HOOK tokens has plunged nearly 20% following the announcement that the project will transfer locked tokens to Binance Custody. HOOK Drops After Decision to Transfer 100 Million Tokens to Binance On the afternoon of December 9, Hooked Protocol announced it would be transferring 100 million HOOK tokens

By Web3 Station 12 Dec 2022
BUSD Slightly Depegs as Binance Suspends USDC Withdrawals Due to Liquidity Crunch

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BUSD Slightly Depegs as Binance Suspends USDC Withdrawals Due to Liquidity Crunch

In response to a significant liquidity drain from its platform, Binance has temporarily halted USDC withdrawals. Meanwhile, Binance's stablecoin, BUSD, has unexpectedly depegged from its $1 value and is yet to fully recover. BUSD Slightly Depegs as Binance Suspends USDC Withdrawals Due to Liquidity Crunch Update Late December

By Web3 Station 12 Dec 2022
Bitcoin Rebounds to $18,000 as U.S. Inflation Cools in November

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Bitcoin Rebounds to $18,000 as U.S. Inflation Cools in November

On the evening of December 13, the U.S. released its November Consumer Price Index (CPI) data, a key measure of inflation for the world’s largest economy, leading to a positive bounce in the cryptocurrency market. Bitcoin Rebounds to $18,000 as U.S. Inflation Cools in November As

By Web3 Station 12 Dec 2022
Bitcoin Mining Giant Argo Blockchain Faces Bankruptcy Rumors

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Bitcoin Mining Giant Argo Blockchain Faces Bankruptcy Rumors

Bitcoin mining heavyweight Argo Blockchain might be on the verge of filing for bankruptcy, according to leaked internal communications. Argo Blockchain Faces Bankruptcy Rumors Argo Blockchain, a prominent player in the Bitcoin mining space, has reportedly accidentally disclosed its bankruptcy filing plans. This news was shared by Will Foxley, Director

By Web3 Station 11 Dec 2022
Neon Labs Moves to Mainnet

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Neon Labs Moves to Mainnet

Machine (EVM) solution tailored for Solana developers, has officially launched its mainnet as of today, December 12. Neon Labs is the first Ethereum Virtual Machine designed specifically for the Solana ecosystem. It uses the NEON token for transaction fees and governance participation. What is Mainnet? In essence, an EVM is

By Web3 Station 11 Dec 2022
Arbitrum Bridge: Is There Really a Vulnerability?

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Arbitrum Bridge: Is There Really a Vulnerability?

Once again, Arbitrum bridges are in the spotlight as a recent technical write-up has surfaced, revealing potential vulnerabilities within this bridging solution. A recent blog post from the Twitter account @tincho has sparked discussions by highlighting perceived weaknesses in the Arbitrum-Ethereum bridge. Breaking Down the Vulnerabilities: Before diving into the

By Web3 Station 10 Dec 2022
68 Trading Plan (12/12 – 18/12/2022) – FED Rate Decision: Where Will the Market Go?

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68 Trading Plan (12/12 – 18/12/2022) – FED Rate Decision: Where Will the Market Go?

It’s that time again—welcome to the weekly trading plan with 68 Trading. Last week was quite frustrating as BTC continued to range and was impacted by macro news, causing significant stop-loss hunting. Nonetheless, we managed to find some quality trades. Let’s review last week’s trades and

By Web3 Station 10 Dec 2022
Shanghai Hard Fork for ETH Staking Unlock Delayed to March 2023

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Shanghai Hard Fork for ETH Staking Unlock Delayed to March 2023

Ethereum developers have decided to prioritize the unlocking of ETH staked in Ethereum 2.0 by pushing the Shanghai upgrade to March 2023. According to CoinDesk, Ethereum developers have scheduled the Shanghai hard fork, the next major network upgrade, for March 2023. This upgrade will include EIP-4859, which will release

By Web3 Station 08 Dec 2022
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