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Korea Blockchain Week 2024 Names Movement Labs the Official Conference Partner, Unveils New Headline Speakers and Sponsors
24.7.2024
PRESS RELEASE. SEOUL, KOREA — 24 July 2024 — Korea Blockchain Week (“KBW”), Asia’s premier Web3 festival taking place from 1-7 September 2024, announced Movement Labs as the official conference partner for its flagship two-day “IMPACT” conference. It also revealed a glimpse of the conference’s...
Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
24.7.2024
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300...
NPC Labs Secures $18 Million in Seed Round to Bring Gamefi to Non-Crypto Native Users
23.7.2024
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures...
Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base
23.7.2024
The $21 million funding effort was led by Pantera Capital, which contributed $18 million, and included funding from Makers Fund, Hashed, Mirana Ventures, and several other investors
NPC Labs Raises $18M to Scale Gaming on Base Network
22.7.2024
Round brings total raise to $21 million and includes participation from Makers Fund, Hashed, amongst others
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
20.7.2024
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs
Fantom Foundation and Sonic Labs Tap Alchemy to Boost Performance and Scalability for Opera and Sonic
19.7.2024
Fantom Foundation and Sonic Labs have announced a strategic partnership with Alchemy, a Web3 infrastructure provider. This collaboration aims to enhance the performance and scalability of both Opera and Sonic. Alchemy will contribute RPC support and key development tools to developers on Opera,...
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
19.7.2024
These developments indicate TFL’s proactive efforts to tackle Terra's challenges and restore trust and stability within the Terra ecosystem
How brands can transform loyalty programs with Web3: Polygon Labs
18.7.2024
Polygon researchers argued that brands could use Web3 data to create more targeted products, services and marketing campaigns
Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up
18.7.2024
Payment giant Visa's blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked...
Polygon Labs’s MATIC-POL migration confirmed for Sept. 4
18.7.2024
The upgrade is part of Polygon's 2.0 roadmap to enhance its zero-knowledge-based layer 2 chains ecosystem, aiming to expand the utility and functionality of its native token
Polygon Sets September Date for Migration to POL Token from MATIC
18.7.2024
The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks
UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding
17.7.2024
Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized...
Former Tesla, OpenAI exec founds ‘AI native’ education startup Eureka Labs
16.7.2024
The startup aims to create virtual teaching assistants using generative AI
Palau partners with Soramitsu on blockchain-based bond platform
16.7.2024
The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology
Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit
16.7.2024
Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary "rollup" networks to confirm transactions on a base chain like Ethereum. Polygon's prior version, Plonky2, was released in 2022
African blockchain venture funding down 74% in H1 2024: CV Labs
16.7.2024
CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges
Cambodian Firm Receives $150K in Crypto From North Korean Hackers
16.7.2024
A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked...
Dev Casually Reveals We Almost Got Crash Bandicoot 5
15.7.2024
Project Dragon, a new game from Dauntless developer Phoenix Labs, has been canceled. This was revealed by former devs on the project over the weekend, including principal concept artist, Nicholas Kole. revealed over the weekend that an in-development game codenamed Project Dragon has been canceled....
Usual Money Launches Usual USD on Public Mainnet; TVL Reaches $90M
14.7.2024
A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual Money Debuts USD0 Stablecoin and USD0++ Liquid Bond According to...