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Vitalik Buterin Discusses the Future of the Crypto Market

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Vitalik Buterin Discusses the Future of the Crypto Market

Vitalik Buterin has recently published an essay discussing issues surrounding the Ethereum ecosystem and the broader blockchain space. At the start of his essay, Vitalik reflects on a time years ago when he believed blockchain could solve all current problems. However, he now acknowledges a shift in his thinking, moving

By Web3 Station 05 Dec 2022
Binance Labs-Backed Project BinaryX (BNX) Faces Massive Sell-Off

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Binance Labs-Backed Project BinaryX (BNX) Faces Massive Sell-Off

BinaryX, a fantasy RPG project supported by Binance Labs, has been hit with a significant sell-off following a wave of token dumping. Update as of the evening of December 5: As of the evening of December 5, BinaryX has proposed two options to utilize 6.5 million BUSD to buy

By Web3 Station 04 Dec 2022
Hong Kong Polytechnic University Launches Blockchain Curriculum

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Hong Kong Polytechnic University Launches Blockchain Curriculum

Hong Kong Polytechnic University has unveiled its inaugural blockchain education program, marking a significant milestone in the region's academic landscape. According to the university's enrollment announcement, this is the first Master of Science in Blockchain Technology (MScBT) program in Hong Kong. The curriculum is designed to

By Web3 Station 04 Dec 2022
Rumor: Solana Project Allegedly Extorts $5 Million to Stay in Ecosystem

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Rumor: Solana Project Allegedly Extorts $5 Million to Stay in Ecosystem

The turbulence for Solana doesn't seem to be ending anytime soon, as the ecosystem finds itself entangled in a fresh wave of rumors involving alleged extortion by a project within its own network. Note: This article is based on rapid information circulating within the Twitter community. No verified

By Web3 Station 04 Dec 2022
Ripple Submits Final Brief to Court in Lawsuit Against SEC

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Ripple Submits Final Brief to Court in Lawsuit Against SEC

The protracted two-year legal battle between the SEC and Ripple appears to be nearing its conclusion, with Ripple filing its final brief in the lawsuit against the U.S. regulatory body over the weekend. The high-profile cryptocurrency case involving the U.S. Securities and Exchange Commission (SEC) and Ripple is

By Web3 Station 04 Dec 2022
Over $100 Million in 1INCH Tokens Set to Unlock at End of December

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Over $100 Million in 1INCH Tokens Set to Unlock at End of December

According to data from TokenUnlocks, the decentralized exchange 1inch is poised to see a significant unlock event, with $111 million worth of 1INCH tokens scheduled for release. On December 30, 227.2 million 1INCH tokens—nearly 15% of the total supply of 1.5 billion tokens—will be unlocked. This

By Web3 Station 04 Dec 2022
68 Trading Plan (12/05 – 12/11/2022): Stay Cautious with Macro News

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68 Trading Plan (12/05 – 12/11/2022): Stay Cautious with Macro News

In last week’s analysis, we anticipated a more active trading week, and indeed, we saw several take-profit actions. Let’s review the trades from the past week and plan our trading strategy for the upcoming week. Review of Last Week's Trades Last week, I set up a

By Web3 Station 03 Dec 2022
Ethereum's Ropsten Testnet to Retire by End of December

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Ethereum's Ropsten Testnet to Retire by End of December

Ethereum’s Ropsten testnet, a key experimental network for Ethereum, will officially retire at the end of December. Ethereum's Ropsten Testnet to Retire by End of December According to an announcement from the Ethereum development team, the complete shutdown of Ropsten’s infrastructure will be extended for two

By Web3 Station 01 Dec 2022
Ankr Under Attack: Unlimited Minting of aBNBc Token Pegged to BNB

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Ankr Under Attack: Unlimited Minting of aBNBc Token Pegged to BNB

Ankr, a provider of node infrastructure for Proof-of-Stake blockchains, has fallen victim to a security breach, with hackers aggressively dumping BNB. Update - December 2nd, Evening: Following an assessment of the attack, Ankr has announced that the damage from the reckless minting of the aBNBc token amounts to approximately $5

By Web3 Station 01 Dec 2022
Fantom Proposes 75% Reduction in FTM Burn Rate to Fund dApp Reward Program

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Fantom Proposes 75% Reduction in FTM Burn Rate to Fund dApp Reward Program

Following the return of DeFi pioneer Andre Cronje, Fantom seems to be regaining its momentum with a new and innovative proposal. According to a proposal made on December 1st, Fantom aims to implement a reward program for its dApp developers, optimized with network gas fees. 📢 New governance proposal: dApp Gas

By Web3 Station 01 Dec 2022
Vitalik Buterin Opposes Governance Token Speculation

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Vitalik Buterin Opposes Governance Token Speculation

Ethereum founder Vitalik Buterin has expressed strong opposition to the speculation and hoarding of governance tokens. Vitalik Buterin Opposes Governance Token Speculation Originally, governance tokens were created to facilitate voting on community proposals, with the number of tokens held determining the voting power. However, Vitalik Buterin has voiced concerns that

By Web3 Station 29 Nov 2022
BitDAO Unveils Layer-2 Solution for Ethereum: Mantle

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BitDAO Unveils Layer-2 Solution for Ethereum: Mantle

BitDAO, a decentralized autonomous organization with assets totaling $1.7 billion, has announced the launch of Mantle, a new layer-2 network for Ethereum. On the evening of November 30th, BitDAO, a DAO backed by the Bybit exchange, revealed the launch of Mantle, a layer-2 solution built on Ethereum. In our

By Web3 Station 29 Nov 2022
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