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Gala Games Hacker Returns $23M in ETH; Founder Proposes 'Buy and Burn'
21.5.2024
Gala investor DWF Labs also said that it had purchased 28 million GALA tokens "to alleviate market selling pressures."
Crypto Derivatives DEX Aevo's Token Jumps 10% as Binance Labs Discloses Investment
21.5.2024
AEVO hit $0.9, its highest price since mid-May. Even so, it's still nearly 70% below where it started trading in March at around $3
CryptoPunks Project Put on Hold by Yuga Labs Due to ‘Woke’ Community Outcry
21.5.2024
Yuga Labs, the company behind the iconic NFT collection CryptoPunks, has faced backlash and controversy over its latest venture.
The post CryptoPunks Project Put on Hold by Yuga Labs Due to ‘Woke’ Community Outcry appeared first on Cryptonews
Yuga Labs halts CryptoPunks project after 'woke' community backlash
21.5.2024
A community member said that Yuga Labs killed CryptoPunks with the new Super Punk World collection, while another threatened to sell their punk NFT
Do users really care about decentralization? Industry figures clash
20.5.2024
Ethereum's Dankrad Feist and Helius Labs CEO Mert Mumtaz clash on X over the importance of decentralization, revealing differing views on the crypto market's priorities
Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
17.5.2024
The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges
ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June
17.5.2024
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June
Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations
16.5.2024
Vijay Chetty, the newly appointed CEO of Eclipse Labs, has announced his commitment to leading the company’s mission of bridging the gap between Ethereum and Solana with a high-performance and trust-minimized blockchain. Formerly the Chief Growth Officer, Chetty brings firsthand experience...
Eclipse Appoints New CEO as Neel Somani Faces Sexual Misconduct Accusations
16.5.2024
Eclipse Labs founder and CEO Neel Somani has officially stepped down and been replaced by Vijay Chetty “effective immediately” following allegations of sexual misconduct.
The post Eclipse Appoints New CEO as Neel Somani Faces Sexual Misconduct Accusations appeared first on Cryptonews
Falcon Labs Settles with CFTC in Landmark Case Over Unregistered Status
14.5.2024
The CFTC has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration.
The post Falcon Labs Settles with CFTC in Landmark Case Over...
CFTC announces $1.8M settlement against brokerage firm FalconX
13.5.2024
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
13.5.2024
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users...
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations
10.5.2024
Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct.
The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
9.5.2024
Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...
Ripple joins multi-chain DeRec Alliance for secrets management
9.5.2024
Ripple joins the Hedera and Algorand Foundations and industry players to advance a recovery standard to rival ERC-4337
Binance co-founder and DWF Labs speaks out against market manipulation allegations
9.5.2024
Both firms deny any involvement in the allegations brought forth by The Wall Street Journal
Binance Denies Allegation Of Market Manipulation From DWF Labs
9.5.2024
Binance is retaliating against the May 9 accusation made against the platform by DWF Labs. This comes after a sensational Wall Street Journal (WSJ) report that stated Binance fired a worker who discovered proof of market manipulation by DWF Labs, a significant market on the trading platform.
The...
Ex-Google exec to bring Web3 to masses as new Aptos Labs adviser
9.5.2024
David Lawee, former Google vice president of corporate development, will use his Web2 consumer experience to promote blockchain to the mainstream with Aptos