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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...
Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January
21.2.2024
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records...
Autoglyphs NFT Set Smashes Records With $14.5 Million Sale + More NFT News
20.2.2024
Top NFT news today, February 20, 2024: a full set of ten Autoglyphs sells for 5,000 ETH, eBay may be exiting NFTs, and Fischer reveals 100-year anniversary NFT ski bundle.
The post Autoglyphs NFT Set Smashes Records With $14.5 Million Sale + More NFT News appeared first on Cryptonews
Solana Integrates Filecoin to Enhance Historic Data Accessibility
20.2.2024
Solana, one of the top proof-of-stake blockchains, has integrated Filecoin, a decentralized file-saving blockchain-based system, to make its block history accessible for third-party apps. According to Filecoin, this will allow Solana to achieve improved redundancy and scalability for part of...
Azuki Is Among Top Sales Volume Gainers Today + More NFT News
19.2.2024
Top NFT news today, February 19, 2024: The Azuki collection is among the top performers per sales volume over the past 24 hours, Arcade announces an airdrop, and Yuga Labs acquires Proof. NFT Market Data Over the past 24 hours, the non-fungible token (NFT) sales volume is up 23% to $46,077,452....
Yuga Labs acquires Moonbirds NFT brand, PROOF
19.2.2024
Yuga Labs, a leading Web3 media and lifestyle company, which is also the creator of CryptoPunks, 10KTF, and Meebits and the creator of TwelveFold, Otherside, and Bored Ape Yacht Club, acquired PROOF, which includes the PROOF Moonbirds, Collective, Grails, and Mythics exhibition series....
LBank Labs Joins Blockchange Capital in Its First DePin Investment – Hivello
18.2.2024
PRESS RELEASE. LBank Labs, a key player in the Web3 space, managing a $100 million fund that transcends specific protocols and exchanges, has joined the group of investors in Hivello, which simplifies DePin nodes for the masses. Hivello aggregates multiple DePin nodes into a single Web 2 console...
Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick
17.2.2024
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
17.2.2024
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check...
Insider Trading in the NFT Market? Moonbirds’ Unusual Sales Activity Before Yuga Deal
17.2.2024
Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof. However, there were also considerable spikes in sales...
$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest
16.2.2024
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300...
Pro-Crypto US Attorney Considers Challenging Elizabeth Warren in Massachusetts Senate Race
15.2.2024
John Deaton, a U.S. lawyer known for his pro-crypto stance, is reportedly considering a run against Massachusetts Senator Elizabeth Warren. The Republicans are eager to nominate a formidable candidate against Warren. This strategy could compel her to concentrate on her political survival...
Quicknode Enhances Blockchain Infrastructure With Zksync Hyperchain Support
15.2.2024
Quicknode, a leading blockchain infrastructure provider, has officially expanded its offerings to include support for Zksync hyperchains, enhancing its custom chains solution portfolio. This development introduces a new level of scalability and privacy for businesses leveraging blockchain...