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TON Marks Pantera Capital's Largest Investment in Web3

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TON Marks Pantera Capital's Largest Investment in Web3

Pantera Capital has placed a substantial bet on The Open Network (TON), recognizing the immense potential of this blockchain. TON Marks Pantera Capital's Largest Investment in Web3. Photo: Pantera In a blog post published on May 8, Dan Morehead, co-founder and CEO of Pantera Capital, shared the rationale

By Web3 Station 09 May 2024
User loses 3 Rare Bored Ape NFTs to Phishing Scam

NFT & GameFi

User loses 3 Rare Bored Ape NFTs to Phishing Scam

According to on-chain detective ZachXBT, an owner of Bored Ape Yacht Club lost 3 NFTs valued at 54.8 ETH (164,000 USD) to a phishing attack. User loses 3 Rare Bored Ape NFTs to Phishing Scam As first reported by on-chain investigator ZachXBT, an NFT investor fell victim to

By Web3 Station 09 May 2024
Dencun Upgrade Triggering Ethereum Inflation Resurgence

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Dencun Upgrade Triggering Ethereum Inflation Resurgence

The Ethereum supply is rapidly increasing since The Merge, as transaction fees burned decreased significantly post Dencun upgrade. Dencun Upgrade Triggering Ethereum Inflation Resurgence. Photo: Decrypt According to findings from CryptoQuant, the Dencun upgrade has reignited Ethereum inflation, jeopardizing its "Ultrasound Money" characteristics. "Ultrasound money" is

By Web3 Station 08 May 2024
Solana Users Pay Millions in Fees to Combat Transaction-Front Running Bots

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Solana Users Pay Millions in Fees to Combat Transaction-Front Running Bots

To counter the disruptions caused by sandwich bots on Solana, users have spent millions of USD to protect their transactions through Jito. Solana Users Pay Millions in Fees to Combat Transaction-Front Running Bots. Photo: DL News Solana has recently emerged as a new playground for investors with the explosion of

By Web3 Station 08 May 2024
Suspicions Surround NEAR Protocol Amid Alleged Hacker Activity

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Suspicions Surround NEAR Protocol Amid Alleged Hacker Activity

As of now, NEAR Protocol has yet to issue any statements regarding the Morse code snippet and unusual tweets appearing on their X account. Suspicions Surround NEAR Protocol Amid Alleged Hacker Activity. Photo: NEAR Protocol In the early hours of May 9th (Vietnam time), NEAR Protocol's X account

By Web3 Station 08 May 2024
Optimism Superchain Supports Layer-3 Development on OP Stack

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Optimism Superchain Supports Layer-3 Development on OP Stack

Optimism has announced the launch of two new features, opening doors for Layer-3 projects to join Superchain through deployment on OP Stack. Optimism Superchain Supports Layer-3 Development on OP Stack On May 8th, Optimism unveiled that Layer-3 projects can now join Superchain by developing on OP Stack and sharing revenue

By Web3 Station 08 May 2024
Donald Trump Dedicates Court Recess Day to "Thank" NFT Buyers

NFT & GameFi

Donald Trump Dedicates Court Recess Day to "Thank" NFT Buyers

According to Axios, former U.S. President Donald Trump plans to spend a court recess day dining with fans who purchased his "Mugshot Edition" NFTs. Donald Trump Dedicates Court Recess Day to "Thank" NFT Buyers Reportedly, Trump flew to Palm Beach, Florida on May 7, 2024,

By Web3 Station 08 May 2024
Vitalik Buterin Proposes EIP-7702 to Enhance EIP-3074's Account Abstraction

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Vitalik Buterin Proposes EIP-7702 to Enhance EIP-3074's Account Abstraction

In a recent proposal, EIP-7702, Vitalik Buterin along with other developers including Sam Wilson, Ansgar Dietrichs, and Matt Garnett, have refined account abstraction on the Ethereum network. Vitalik Buterin has proposed EIP-7702 to enhance EIP-3074's account abstraction EIP-7702 introduces a new type of transaction that allows Externally Owned

By Web3 Station 07 May 2024
SEC Delays Decision on Invesco Galaxy's Ethereum Spot ETF Approval

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SEC Delays Decision on Invesco Galaxy's Ethereum Spot ETF Approval

The deadline for SEC to decide on the approval or rejection of Invesco Galaxy's Ethereum spot ETF is set for July 5, 2024. SEC Delays Approval Schedule for Invesco's Ethereum Spot ETF. Image: Forbes Expectations for the debut of an Ethereum spot ETF have been diminishing

By Web3 Station 06 May 2024
Arbitrum Becomes First Layer-2 to Surpass $150 Billion USD Volume on Uniswap

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Arbitrum Becomes First Layer-2 to Surpass $150 Billion USD Volume on Uniswap

Arbitrum has officially crossed the milestone of $150 billion USD in trading volume, making it the most utilized Layer-2 protocol on the Uniswap decentralized exchange (DEX). In a statement released on the evening of May 6th, Uniswap confirmed Arbitrum as the first Layer-2 solution to achieve this feat on its

By Web3 Station 06 May 2024
MicroStrategy Holds 1% of Total Bitcoin Supply, More Than Any Country

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MicroStrategy Holds 1% of Total Bitcoin Supply, More Than Any Country

With over $14 billion worth of Bitcoin in its holdings, MicroStrategy now possesses more cryptocurrency than any other country in the world. MicroStrategy Holds 1% of Total Bitcoin Supply, More Than Any Country. Image: CoinChapter As reported by Coin68, MicroStrategy has acquired 25,250 Bitcoin in the first four months

By Web3 Station 06 May 2024
Controversy Surrounding EIP-3074 Integration into Pectra Hard Fork

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Controversy Surrounding EIP-3074 Integration into Pectra Hard Fork

EIP-3074 is designed to enhance wallet management and transactions on Ethereum, aiming for greater convenience and security. Despite substantial support for this proposal, concerns have been raised regarding its security implications. Controversy Surrounding EIP-3074 Integration into Pectra Hard Fork EIP-3074, acclaimed for significantly improving wallet user experience on Ethereum, has

By Web3 Station 06 May 2024
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