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Lightning Labs successfully tests Bitcoin blockchain stablecoins
13.5.2024
The developer of Bitcoin’s Lightning Network, Lightning Labs, has successfully tested a protocol intended to enable the issuance of stablecoins on the Bitcoin blockchain. Lightning Labs CEO Elizabeth Stark disclosed during her address at the Financial Times Crypto and Digital Assets Summit...
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...
Core integrates a revolutionary airdrop tool by Ava Labs
10.5.2024
Core is Avalanche’s premium native ecosystem wallet and portfolio, and its airdrop tool guarantees seamless token distribution. Core empowers any builder to strategically reward its loyal community members. To celebrate the powerful features of Core, they have rewarded all participants from their...
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...
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications.
The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews
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...
Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin
9.5.2024
Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin.
The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews
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
Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ
9.5.2024
A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said
Binance denies reports of DWF Labs market manipulation
9.5.2024
DWF Labs was first hit by market manipulation accusations in September 2023
Stablecoins on Bitcoin coming soon, says Lightning Labs CEO
9.5.2024
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2
AI-powered smart contracts could be ‘transformative’ — Ava Labs founder
8.5.2024
Imagine if ordinary people could write smart contracts in their native language. It could bring in “billions of new [blockchain] users.”
Ethena Labs boosts USDe token with Bybit integration
8.5.2024
Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange. Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...
Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on Arbitrum
8.5.2024
Injective’s "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
7.5.2024
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted...