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You’ll Need To Spend $70k To Enter This Digital Bathroom And Twerk
1.3.2024
A large metaverse project created by the company behind the Bored Apes Yacht Club NFT project held a recent series of beta sessions for individuals who owned certain NFTs. While the developers claim this is just the beginning, it’s not looking promising considering how much money is involved. Read...
LBank Labs Invests in QED: Unleashing Bitcoin’s Full Potential with Zero-Knowledge Proofs
1.3.2024
PRESS RELEASE. LBank Labs has achieved a new milestone by participating in the $3 million funding round for QED. This innovative venture is poised to revolutionize the Bitcoin ecosystem with its groundbreaking zk-Native blockchain protocol. The funding round, spearheaded by Arrington Capital,...
Terraform Labs Founder Do Kwon Faces Extradition Delay in Montenegro Amid SEC Fraud Allegations
1.3.2024
Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last year, the SEC charged that from April 2018 to...
SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On?
29.2.2024
The United States Securities and Exchange Commission (SEC) has flagged Terraform Labs $166 million in payments to Denton since 2023.
The post SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On? appeared first on Cryptonews
SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters
29.2.2024
The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters
Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days
27.2.2024
Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making...
Binance Labs Backs Babylon, Pioneering Native Bitcoin Staking Protocol
27.2.2024
Binance Labs has demonstrated a significant vote of confidence in the future of Bitcoin by strategically investing in Babylon, a pioneering Bitcoin staking protocol.
The post Binance Labs Backs Babylon, Pioneering Native Bitcoin Staking Protocol appeared first on Cryptonews
Days After Ditching Aave, Risk Manager Gauntlet Moves to Rival Lender Morpho
27.2.2024
According to Gauntlet, the move offers the potential for more money with greater flexibility
Terra Founder Do Kwon’s SEC Trial to Start Without Him Amid Extradition Delay
27.2.2024
Do Kwon, co-founder of Terraform Labs, is expected to miss the beginning of his US Securities and Exchange Commission (SEC) trial on fraud charges due to delays in his extradition from Montenegro.
The post Terra Founder Do Kwon’s SEC Trial to Start Without Him Amid Extradition Delay appeared...
Avalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates
23.2.2024
The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in inscriptions. Avalanche Hits Snag as Block Finalization Stall Disrupts Service Avalanche...
Camelot to power Orbit expansion with LayerZero Labs
23.2.2024
Camelot recently announced an integration with LayerZero Labs to power its Orbit expansion. The announcement was made on Camelot’s official X/Twitter account. The tweets read that Camelot is continuing to support Arbitrum Builders. Thus, the Arbitrum native DEX will be deployed on several...
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...
LBank Labs Leads Investment Round in FortyTwo, Pioneering UX Frontend for Interchain DeFi
22.2.2024
PRESS RELEASE. LBank Labs, a leading blockchain investment fund of $100M AUM announced today its participation in a strategic funding round for FortyTwo, a revolutionary UX frontend for decentralized finance (DeFi) across the interchain ecosystem. The investment round also saw participation from...
Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB
22.2.2024
Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags...
Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto
22.2.2024
The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn't even live but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz
Startale Labs gets $3.5M from Samsung Next and UOB Venture Management
22.2.2024
Startale Labs announced raising $3.5 million in the Seed Extension Round to boost the development of its Web3 product. Samsung Next and UOB Venture Management raise the funds. This brings the total seed fund to $7 million, including $3.5 million of funds it secured in September 2023 from Sony...
Ava Labs set to release Durango Avalanche Warp Messaging to EVM
22.2.2024
Avalanche recently announced about bringing the Durango Upgrade to the EVM. The production code AvalancheGo@v1.11.0 was shared via an official post. Ava Labs will activate the upgrade on the mainnet at 11 a.m. on March 6 if it gets sufficient stake support. The network has suggested validators...
Startale Labs Secures $3.5 Million in Extended Seed Funding from Samsung and UOB
22.2.2024
Startale Labs has raised $3.5 million from Samsung Next and UOB Venture Management in an extended seed funding round to develop its Web3 products and recruit talent.
The post Startale Labs Secures $3.5 Million in Extended Seed Funding from Samsung and UOB appeared first on Cryptonews
Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs
21.2.2024
Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare
Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War
21.2.2024
In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political...