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McDonald’s metaverse debuts in Singapore
6.6.2024
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
6.6.2024
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...
The Protocol: Another Episode in the Layer-2 Teams Drama
5.6.2024
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
5.6.2024
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May
Polygon Labs announces acquiring Toposware
5.6.2024
Polygon Labs has announced acquiring Toposware. The objective is to pioneer the next wave of ZK technology. The blockchain research and engineering company has joined hands with Polygon Labs to help push the entire ZK community forward. This builds on the previous development wherein they announced...
DWF Labs invests $12M in FLOKI tokens to boost its ecosystem
5.6.2024
DWF Labs plans to invest $12 million in FLOKI tokens as a significant show of support for the Floki Ecosystem. This investment firm is quite popular in the digital asset space and focuses on Web3 investments at different growth stages. The acquisition will involve purchasing tokens on the market...
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
4.6.2024
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon...
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
4.6.2024
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million
Polygon Labs acquires Toposware, pushing total ZK investment to $1B
4.6.2024
The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology
DWF Labs to Purchase $12M FLOKI From Project Treasury, Open Market
4.6.2024
The agreement comes as Floki gears up to introduce new products in the coming months, including the Valhalla metaverse game on mainnet
Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid
4.6.2024
The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors...
Dapper Labs’ $4M settlement reaffirms NBA NFTs aren’t securities: CEO
4.6.2024
Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities
Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit
4.6.2024
Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly violating federal securities laws
Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs
4.6.2024
Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital...
Linea blockchain halt highlights slow decentralization of Ethereum L2s
3.6.2024
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future
Matter Labs drops ZK trademark applications after industry backlash
3.6.2024
It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”
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...