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Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision
24.3.2024
Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. Terraform Labs’ Former CEO Do Kwon...
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
22.3.2024
Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea
Succinct Labs Raises $55M to Propel Zero-Knowledge Proofs Into Mainstream Development
22.3.2024
On Thursday, Succinct Labs, a startup dedicated to democratizing zero-knowledge proofs, unveiled that it had secured $55 million in funding through both seed and Series A rounds. Paradigm took the lead in this financial boost, with additional support from entities like Robot Ventures, Bankless...
Do Kwon’s Extradition to South Korea Challenged by Montenegro’s Top Prosecutor
22.3.2024
Terraform Labs co-founder Do Kwon's recent extradition to South Korea is being challenged by Montenegro’s prosecutor.
The post Do Kwon’s Extradition to South Korea Challenged by Montenegro’s Top Prosecutor appeared first on Cryptonews
Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
21.3.2024
Terraform Labs co-founder Do Kwon’s pending extradition to South Korea has apparently been put on ice following a legal challenge issued Thursday by Montenegro’s top prosecutor
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
21.3.2024
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...
King River Capital, Immutable, & Polygon Labs launch $100M gaming fund
20.3.2024
In an innovative collaboration, King River Capital, Immutable, and Polygon Labs have established the Inevitable Games Fund, which is estimated to be worth $100 million. The primary objective of this massive project is to facilitate the development of state-of-the-art blockchain-powered games and...
King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund
20.3.2024
Australian venture capital firm King River Capital, blockchain gaming firm Immutable and Polygon Labs have teamed up to launch a $100 million gaming fund.
The post King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund appeared first on Cryptonews
Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund
19.3.2024
Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms
Polygon Labs Paid $4M to Host Starbucks' Failed Foray Into Crypto: Sources
19.3.2024
Polygon once hailed Starbucks
Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain
19.3.2024
The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain
LBank Labs and BlockNews host Web3 Summit Dubai 2024
19.3.2024
The highly anticipated “Web3 Summit Dubai 2024” is scheduled to take place on April 16-17, 2024, at the prestigious Atlantis, The Palm Hotel in Dubai. This summit marks a significant milestone in the realms of cryptocurrency and financial technology, promising a profound exploration...
Polyhedra Network announces a partnership with Trusta Labs
19.3.2024
Polyhedra Network has announced that it will join hands with Trusta Labs, calling it a strategic partnership to boost a seamless and trustless Web3 experience for users. Polyhedra Network selected Trusta Labs due to the company’s market leadership in Web3 identity and AI-driven reputation...
Binance Labs transforms into an autonomous investment wing
18.3.2024
Binance Labs, a venture capital business, has transformed into an autonomous investment wing by breaking away from Binance exchange. According to statements released, since the beginning of 2024, Binance Labs has been functioning as an independent body, even though it has permission to utilize...
Crypto Investor Binance Splits from Venture Capital Arm
15.3.2024
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...
Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs
15.3.2024
Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...
Binance-Backed Platform NFPrompt Hacked, User Funds Lost
15.3.2024
NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds.
The post Binance-Backed Platform NFPrompt Hacked, User Funds Lost appeared first on Cryptonews
Paul Frambot, CEO of Morpho Labs, on DeFi 2.0, Modular Layered Protocols, and The Next Evolution of DeFi | Ep. 318
15.3.2024
Morpho Labs CEO Paul Frambot discusses how the four co-founders raised millions for Morpho, what changes to DeFi the protocol aims to bring, how he envisages the next phase of DeFi, why the Morpho team opted for a minimalist approach, contrary to the current DeFi trend, and why DAOs are not suited...
Binance Spun Off Venture Capital Arm Earlier This Year: Bloomberg
15.3.2024
Binance Labs now has a disclaimer on its website describing it as "an independent venture and not part of the Binance Group."