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Meta’s Quest 2 VR Headset Is Cheaper Than Ever
2.1.2024
First the price went up, and now, following the release of a newer headset from Meta, the very popular Meta Quest 2 has dropped to a new low of $250, making it a much easier buy for the VR-curious. Read more
Avalanche Foundation to Hop Onto the Meme Coin Train, Announces Investment in Selected Projects
1.1.2024
The Avalanche Foundation, an institution that funds avalanche initiatives, has recently announced that it will start investing in meme coins. These purchases will be made using funds from the $100 million Culture Catalyst fund launched in 2022, and the tokens will be selected based on their number...
SEC Whistleblower Reveals Chai Payments App in Terra Ecosystem Didn’t Use Crypto
31.12.2023
Source: Adobe/Casimiro Four crypto tokens sold by Do Kwon and his co-founded company, Terraform Labs, has been qualified as unregistered securities. The tokens in question are TerraUSD (UST), LUNA, wLUNA, and Mirror Protocol (MIR), according to a recent summary judgment ruling by Judge Jed Rakoff...
Judge Grants Summary Judgment for SEC in Landmark Crypto Case Against Terraform Labs
29.12.2023
In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were satisfied for a range of Terra-related assets...
Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023
29.12.2023
Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion, while De.fi, another Web3 security firm, states that...
Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge
29.12.2023
Source: Terra / YouTube US District Judge Jed Saul Rakoff said on Thursday, Terraform Labs CEO and founder Do Kwon violated the US securities law by failing to register UST and LUNA as securities. Rakoff, a judge at the US District Court Southern District of New York, agreed with the the Securities...
Terraform Labs' LUNA and MIR Tokens are Securities, Judge Rules
29.12.2023
A federal judge issued summary judgements siding with the SEC's arguments that Terraform had illegally sold unregistered crypto securities
LBank Labs’ Strategic Expansion into Morocco’s Casablanca Finance City: A Visionary Move with Enhanced Employee Benefits and Global Partnerships
27.12.2023
PRESS RELEASE. In the challenging global financial climate of 2023, LBank Labs, a $100 million fund and Fund of Funds, has made a strategic move by establishing its presence in Morocco. This decision, led by El Bachir Essamari and robustly supported by the leadership team, represents a significant...
Yuga Labs metaverse projects dominate 2023 digital land NFT sales
26.12.2023
The year 2023 ends this week, and a list is out to demonstrate how strong Yuga Labs was with its projects in terms of digital land NFT sales. Reports say that almost 80–70% of the projects on the list belong to Yga Labs. Projects in talks are Otherdeed for Otherside and Otherdeed Expanded....
SEC and Terraform Labs Court Filings to Stay Confidential Prior to Crypto Fraud Trial
21.12.2023
A judge has approved confidential court filings in the SEC’s lawsuit accusing Terraform Labs of crypto fraud ahead of the much-awaited trial. Image by maurice norbert, Adobe Stock. New details have come to the surface regarding the high-profile crypto fraud case between the United States...
99% of Law Enforcement Needs More Crypto-related Training, New Report Reveals
20.12.2023
A new survey conducted by blockchain intelligence company TRM Labs has revealed that 99% of law enforcement needs more training on crypto. “Extremely” complex cases The survey collected responses from 300 law enforcement professionals around the globe, 93% of which were from US law enforcement...
Montenegro Appeals Court Overturns Extradition of Terraform Labs Co-Founder Do Kwon
19.12.2023
On Tuesday, Montenegro’s appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition. Kwon to Remain in Montenegro, Decision Lies With Justice Minister...
Injective's INJ Year-to-Date Gain Rises to 3,000% After Latest Jump
19.12.2023
Injective [INJ], the native token of its namesake's layer 1 blockchain, surged to a record high of $39.15 on Tuesday to complete a 3,000% move to the upside over the course of 2023
Montenegro Court Officially Revokes Extradition Approval For Do Kwon
19.12.2023
Source: Reuters The Appellate Court of Montenegro has accepted an appeal by Do Kwon’s attorneys – revoking the High Court’s decision to extradite the Terraform Labs’ founder to either South Korea or the USA. Therefore, the Appellate Court has annulled the decision of...
Overworld announces a partnership with Horizen Labs Ventures
19.12.2023
Overworld recently announced a strategic partnership with Horizen Labs Ventures. The announcement was made on Overworld’s official X/Twitter account. The tweet reads that Horizen Labs Ventures will help Overworld launch an impactful gaming token in the next year. Horizon Labs Ventures is...
While Avalanche (AVAX) Sees a Surge, Investors Turn Their Eyes to a High-Demand Presale
18.12.2023
TLDR Mirai Labs, developers behind the horse racing game Pegaxy, now have a subnet on Avalanche. New Rebel Satoshi meme coin has sights on bringing a new decentralized finance era. Developers from sectors like asset tokenization, gaming, DeFi, and SocialFi have recently gravitated towards...
Sui Blockchain’s Promise: Simplifying Crypto Transfers via Email
15.12.2023
Image Source: Pixabay Mysten Labs, founded by five former Facebook engineers, is working on its Layer 1 blockchain Sui to revolutionize the ease of sending money and cryptocurrencies. The company aims to simplify blockchain transactions to the level of basic online communication, enabling seamless...
Chainlink Data Feeds Available on Polygon zkEVM
14.12.2023
Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications
Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months
14.12.2023
Do Kwon, the ex-CEO of Terraform Labs, is set to spend two months in Montenegro custody after the country’s High Court moved his release date to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s justice minister is said to be leaning towards sending...
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
14.12.2023
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum