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The Truth Behind the Ronin Bridge Attack Rumors

Big Cap

The Truth Behind the Ronin Bridge Attack Rumors

The crypto community was abuzz today with news of a potential attack on the Ronin sidechain developed by Sky Mavis. But what's the real story behind it? On the morning of February 23 (Vietnam time), web3 security firm Ancilia unexpectedly discovered a series of suspicious withdrawal transactions, fueling

By Web3 Station 22 Feb 2024
StarkWare Adjusts STRK Token Vesting Schedule to Ease Community Concerns

Big Cap

StarkWare Adjusts STRK Token Vesting Schedule to Ease Community Concerns

StarkWare, the developer behind layer-2 solution Starknet, has decided to restructure its token vesting schedule following substantial community backlash. In an important update, StarkWare announced changes to the release schedule for early contributors and investors of STRK tokens, aiming to address community concerns and build trust. Originally, Starknet planned to

By Web3 Station 22 Feb 2024
Worldcoin (WLD) Surges 40% in 24 Hours, Reaches All-Time High at $9

Big Cap

Worldcoin (WLD) Surges 40% in 24 Hours, Reaches All-Time High at $9

Worldcoin's token, WLD, has demonstrated exceptional growth by continuously breaking records and surpassing a $1 billion market cap. On February 22nd, the WLD token from the Worldcoin user identity project saw an impressive 40% surge, reaching a new price peak of $9. Over the monthly timeframe, the token

By Web3 Station 22 Feb 2024
Block, Jack Dorsey's Company, Sells $2.52 Billion in Bitcoin in Q4/2023

Big Cap

Block, Jack Dorsey's Company, Sells $2.52 Billion in Bitcoin in Q4/2023

Following a promising financial report, shares of Block surged an additional 13% in after-hours trading. Jack Dorsey's digital payment company Block generated $66 million in gross profit from Bitcoin sales via Cash App in Q4/2023, marking a 90% increase from the same period last year. In its

By Web3 Station 22 Feb 2024
Team Liquid, a giant in esports, has launched an interactive fan platform on Sui.

NFT & GameFi

Team Liquid, a giant in esports, has launched an interactive fan platform on Sui.

Team Liquid, a prominent organization in esports, has teamed up with Mysten Labs to launch an interactive fan platform on the Sui blockchain. The platform, as described by a representative from Mysten Labs to Decrypt, will allow fans to purchase NFT collections, customize mascot avatars, receive rewards, and have opportunities

By Web3 Station 22 Feb 2024
Yuga Labs co-founder "returns" as CEO

NFT & GameFi

Yuga Labs co-founder "returns" as CEO

Yuga Labs co-founder Greg Solano, known as Garga, will take on the role of CEO. Yuga Labs co-founder "returns" as CEO According to a statement on February 21st by Greg Solano on X, he will return to assume the position of CEO of Yuga Labs, replacing Daniel Alegre

By Web3 Station 22 Feb 2024
Controversy Surrounds Gauntlet's Departure from Aave After 4 Years of Collaboration

defi

Controversy Surrounds Gauntlet's Departure from Aave After 4 Years of Collaboration

On February 21st, 2024, John Morrow, co-founder of Gauntlet, announced the termination of their risk management collaboration with Aave. Gauntlet, specializing in DeFi risk management, has provided oversight of platform risk levels, offered frequent updates to the Aave community, and set borrowing and lending parameters since 2020. Aave DAO, known

By Web3 Station 21 Feb 2024
EigenLayer has successfully raised $100 million from a16z crypto.

defi

EigenLayer has successfully raised $100 million from a16z crypto.

On the evening of February 22nd, a16z crypto, a prominent investment fund in the cryptocurrency industry, announced a $100 million investment in EigenLayer, currently the largest restaking project in the crypto market. EigenLayer revealed that their decision to partner with a16z stemmed from shared interests in research and contributions to

By Web3 Station 21 Feb 2024
Polygon Unlocks Final 273 Million MATIC, Entering Full Circulation

Big Cap

Polygon Unlocks Final 273 Million MATIC, Entering Full Circulation

Polygon recently transferred 273 million MATIC tokens from its Vesting contract to the Matic Foundation, marking the final unlock of MATIC and bringing the entire token supply into circulation. According to Etherscan data, on the evening of February 21, the Polygon Vesting address transferred 273 million MATIC (equivalent to 253

By Web3 Station 21 Feb 2024
"The Prophet" Tom Lee Predicts Bitcoin Price to Reach $150,000 This Year

Big Cap

"The Prophet" Tom Lee Predicts Bitcoin Price to Reach $150,000 This Year

Bitcoin has led the cryptocurrency market growth in the first two months of 2024. The "hot" market has also sparked the appearance of analysts making predictions about future prices. Appearing on CNBC's Squawk Box on February 21, 2024, Tom Lee, founder of Fundstrat Global Advisors and

By Web3 Station 21 Feb 2024
Optimism (OP) Announces Fourth Airdrop, Valued at Nearly $41 Million

Big Cap

Optimism (OP) Announces Fourth Airdrop, Valued at Nearly $41 Million

Optimism, the organization behind the Ethereum Layer-2 OP Mainnet, has announced its fourth airdrop, primarily targeting wallets that have interacted with NFTs. Optimism (OP) Announces Fourth Airdrop, Valued at Nearly $41 Million Early on February 21, Optimism initiated its fourth airdrop, distributing over 10.3 million OP tokens (equivalent to

By Web3 Station 20 Feb 2024
Circle Halts USDC Support on TRON Blockchain

Big Cap

Circle Halts USDC Support on TRON Blockchain

Circle has decided to cease support for USDC on the TRON blockchain, citing enterprise-wide risk assessments. Circle Halts USDC Support on TRON Blockchain. Image: BNN Breaking Circle is discontinuing USDC support on the TRON blockchain and immediately halting new USDC minting services on this network. The organization stated, "We

By Web3 Station 20 Feb 2024
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