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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."
Param Labs secures Animoca Brands’ investment in Web3 ecosystem
15.3.2024
Param Labs, an industry-leading UAE-based gaming infrastructure startup, and Animoca Brands, an organization advocating for digital property rights in the gaming industry and the open metaverse, have announced today that Animoca Brands has strengthened their partnership by making a strategic...
Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order
14.3.2024
Bored Ape Yacht Club creators, Yuga Labs, are accusing artist Ryder Ripps of deliberately destroying access to his wallets containing RR/BAYC NFTs to avoid complying with a court order.
The post Yuga Labs Accuses Ryder Ripps of Destroying NFT Keys to Evade Court Order appeared first on Cryptonews
TON Foundation enters partnership with Fireblocks and DWF Labs
14.3.2024
TON Foundation has entered into a partnership with Fireblocks and DWF Labs. The announcement was shared on the official X account of TON. The tweet read that the parties will join forces to bring secure and advanced direct custody technology to the general public. The move will make Web3 more...
Terraform Labs Secures Dentons Representation Despite Objections, U.S. Court Decides
13.3.2024
US Judge Brendan Shannon has granted bankrupt crypto company Terraform Labs permission to hire Dentons for its legal representation, according to a report by Reuters. Shannon approved the hiring at a bankruptcy court hearing in Wilmington, Delaware after he deemed Terraform’s legal spending...
Hope Rises Among XRP Proponents for a Significant Upswing Amidst Crypto Market Expansion
13.3.2024
In the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital currency’s market results haven’t captured as much...
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
13.3.2024
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...
Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
13.3.2024
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024
Bored Apes and Yuga Ethereum NFTs Experience Value Decline Despite Market Surge – Here’s the Latest
12.3.2024
Bored Ape Yacht Club (BAYC) NFTs were once the hottest bit of digital property on Ethereum’s NFT market but now Yuga Labs’s signature collection and other affiliated NFTs are posting new lows. The current floor price for BAYC, which indicates the lowest one can purchase it for,...
Code4rena forges a collaboration with Chainlink Labs
12.3.2024
Code4rena forges an exclusive collaboration with Chainlink Labs to boost their ecosystems’ growth. Added to that will be the backing of Chainlink BUILD, along with Chainlink SCALE members, with audits about smart contracts. In 2021, Code4rena addressed the obstacles related to Web3 safety...
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
12.3.2024
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just...
Eclipse Labs Raises $50M for Blockchain Scaling Solution Ahead of Mainnet Launch
11.3.2024
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its innovative solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the highly anticipated mainnet launch.
The...
Blockchain Builder Eclipse Labs Raises $50M Ahead of Layer-2’s Mainnet Debut
11.3.2024
Eclipse mixes tech from Ethereum, Solana and other blockchains
LBank Labs and BlockNews Host Web3 Summit Dubai 2024 with DIFC and DMCC as Official Partners
11.3.2024
The highly anticipated “Web3 Summit Dubai 2024” is scheduled to take place on April 16th-17th, 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...