Search
Metaplex Announces Introduction of Hybrid Defi Protocol for Solana
31.5.2024
Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers...
Amicable legal settlement between Terraform Labs and Do Kwon in SEC case
31.5.2024
Terraform Labs, a Singapore-based startup focusing on blockchain protocol and payment systems, has finally settled with the American Securities and Exchange Commission; the SEC filed a case against Terraform Labs for misleading the cryptocurrency investment fraternity. The information about...
Setback for Matter Labs over ‘zero-knowledge’ trademark aim
31.5.2024
Alex Gluchowski, the chief executive officer of Matter Labs, is totally against the basic idea of intellectual property. Notable Ethereum-related projects like StarkWare, Polygon, and Polyhedra came out openly against the initiatives of Matter Labs to stamp ‘zero knowledge’ as...
Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
30.5.2024
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
Matter Labs files for 'ZK' trademark, industry demands withdrawal
30.5.2024
The attempt to trademark ZK-proofs is like a “baker trying to impose a blanket patent on bread,” according to StarkWare’s CEO
Intella X invests $1.5 million in Supervillain Labs
29.5.2024
Intella X has made a wise investment in Supervillain Labs, a Web3 gaming studio that possesses a comprehensive understanding of the Web3 space and gaming. It also possesses the required know-how pertaining to the technology associated with blockchain gaming creation. The company’s...
DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs
29.5.2024
API3, a service that provides DeFi data feeds to blockchain-based smart contracts without relying on a third party, has raised $4 million in a funding round led by DWF Labs.
The post DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs appeared first on Cryptonews
Pessimistic proofs: ZK tech’s next step or mere cynicism?
29.5.2024
Succinct Labs and Polygon Labs introduce pessimistic proofs via SP1 zkVM, enhancing cross-chain security and simplifying ZK development
ENS Labs proposes Layer 2 expansion of Ethereum Name Service
29.5.2024
ENS Labs proposes that the Ethereum Name Service (ENS) be expanded to Layer 2 (L2), and the entire exercise be referred to as ENSv2 from this point forward. The company is not only transferring the fundamental components of the ENS protocol, but they are also transferring their extensive expertise...
Metaplex Foundation joins Mutant Labs to launch MPL-404 on Solana
29.5.2024
Metaplex Foundation introduces the MPL-404, an infrastructure and on-chain protocol. It is designed to facilitate the transition of fungible and non-fungible assets, which is described as the hybrid DeFi. Nevertheless, Mutant Labs’ SPL-404, a top hybrid DeFi benchmark on Solana, will now...
Sphere Labs launches banking integration feature on Telegram
28.5.2024
The Telegram extension of Solana Labs will feature secure transactions with a 0.1% fee, and its full launch is expected in the coming months of 2024. The banking integration feature of Telegram is aimed at American dollars and Euro accounts from non-sanctioned nations. Sphere Labs is a pioneering...
Polygon Labs co-founder Sandeep Nailwal assumes new ZK role
28.5.2024
Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
28.5.2024
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum
Yuga Labs unveils exciting new projects for Bored Apes
27.5.2024
Bored Apes creator Yuga Labs has recently been busy in the realm of NFTs and Web3. Greg Solano, the co-founder, posted about the company’s recent activities, proving that they are willing to advance and experiment in gaming and social connections. While using his official X account, Solano...
Montenegro Court Blocks Do Kwon’s Extradition to South Korea
24.5.2024
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and...
What’s Happening In Crypto Today? Daily Crypto News Digest
23.5.2024
In crypto news today:
Why is crypto down today?
Elixir Games Acquires RoboKiden and Partners with Ava Labs
Spark Launches Stablecoin Savings Solution on Gnosis Chain
The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
23.5.2024
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development
Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance
23.5.2024
Casper Labs introduces Prove AI to enhances transparency and auditability for AI training data using blockchain technology, integrating with IBM’s watsonx.governance platform to ensure secure management.
The post Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance appeared...
UNI price rises 20% after Uniswap Labs’ boldly defies SEC notice
22.5.2024
Uniswap Labs, developers of an effective decentralized trading platform, is being sued by the United States Securities and Exchange Commission. Uniswap Labs remains steadfast in its stance, persistently advocating for the classification of cryptocurrencies as securities. This discord emerged after...