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Ripple backing Terraform Labs against a penalty charged by SEC
14.6.2024
Ripple is siding with Terraform Labs by taking a firm stand against the Securities and Exchange Commission levying a penalty charge against the company. In Ripple’s opinion, the court should discard the settlement issue. Recently, the SEC asked the founder of Terraform, Do Kwon, to make a payment...
Binance Labs & BNB Chain announce BIA to promote Blockchain innovation
14.6.2024
Binance Labs-supported blockchain project BNB Chain announced the BNB Incubation Alliance (BIA) launch, pledging to assist early-stage blockchain projects. The alliance is a global movement that unites the top VCs, incubators, and developer groups worldwide for a 48-hour virtual event....
Solana Labs debuts blockchain customer loyalty platform Bond
14.6.2024
Solana Labs has launched Bond, a new platform that will let non-crypto brands leverage the power of blockchain tech to engage with customers
U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
13.6.2024
The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgement interest, and civil penalties
Nuffle Labs Raises $13 Million to Expand Modular Infrastructure for Blockchain Layers
13.6.2024
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $13 million in a funding round led by Electric Capital. The investment aims to enhance its modular infrastructure services across various blockchain layers, promising cost-efficient solutions and rapid data finality. Nuffle...
Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform
13.6.2024
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of luxury goods, and digital passports for products,...
Terraform Labs settles SEC charges for $4.47B
13.6.2024
One of the biggest collapses in the history of cryptocurrency is finally ending, and Terraform Labs is willing to pay the SEC $4.47 billion. The SEC requested a federal judge in the Southern District of New York to accept the settlement. The new development comes two months after a judicial...
Terraform Labs ends operations, Terra community takes over
13.6.2024
Terraform Labs ceases operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community
BNB Chain to support early projects with new incubation alliance
13.6.2024
The announcement comes amid a recent surge in BNB’s price, reaching a new all-time high of $717.48 on June 6
NEAR Foundation Forms Nuffle Labs With $13M in Funding
13.6.2024
The spinout is aimed at advancing NEAR's modularity and bringing more decentralized development to the ecosystem
Digital ID Startup Spins off From Polygon Labs, Aims to Mitigate AI-Generated Misinformation Risks
13.6.2024
Privado ID, previously known as Polygon ID, has announced its spin-off from Polygon Labs on June 13, 2024. The move aims to meet the global demand for digital identity and reputation solutions that work with both onchain and online data. Privado ID’s technology leverages decentralization...
Terraform Labs to Dissolve After SEC Settlement, CEO Announces
13.6.2024
Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve. Terraform Labs Set to Close Doors Post-SEC Settlement Blockchain startup Terraform Labs...
Solana Labs transforms brand loyalty with Bond launch
13.6.2024
A prominent player in the blockchain industry, Solana Labs, has officially introduced Bond, an innovative platform that can improve brand-customer engagement. Bond leverages blockchain technology to enable global brands to create personalized, transparent, and immersive digital experiences that...
Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case
12.6.2024
Eigen Labs acquires Rio Restaking, opens LRT code
12.6.2024
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
12.6.2024
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
Ripple Labs closes Standard Custody acquisition deal
11.6.2024
Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple
SushiSwap replaces DAO with ‘Labs,’ introduces multitoken ecosystem
11.6.2024
SushiSwap is now Sushi Labs, an autonomous company that replaces the ecosystem’s decentralized autonomous organization
The acquisition of CTG by Uniswap Labs will scale up onchain experiences
11.6.2024
CTG (Crypto: The Game) is well known as an interactive and onchain internet game among gaming enthusiasts. The creative team at the CTG will become a part of the Uniswap Labs, and they will continue their mission by working on the much-awaited Season 3. The creative team at CTG is passionate about...