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Polygon Claims Matter Labs Copied Its Code Without Attribution
3.8.2023
In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library
Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline
3.8.2023
The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts
July Was a Terrible, No Good, Very Bad Month For NFTs, DappRadar Report Shows
3.8.2023
NFT trading volume declined 29% and the number of sales dropped 23% from June, while Yuga Labs collections’ dominance slipped
Intella X forms a collaboration with Chainlink Labs
3.8.2023
Intella X, which is a Web3 gaming platform on Polygon, has forged a collaboration with Chainlink Labs. NEOWIZ, a top gaming studio, has been responsible for the development of Intella X. Through the collaboration, both entities will be engaged in furthering the acceptance of blockchain-oriented...
US District Judge Rejects Approach in SEC v Ripple Ruling on XRP
2.8.2023
A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over...
Terraform Labs Lawsuit: Judge Rejects Motion to Dismiss SEC Case
1.8.2023
A US Judge has denied Terraform Labs' motion to dismiss a securities fraud lawsuit filed against it by the Securities and Exchange Commission (SEC).
On Monday, US District Judge Jed Rakoff rejected Terraform Labs' arguments that the SEC lacked jurisdiction and that its TerraUSD stablecoin did...
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
1.8.2023
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research
Gravita Protocol announces integration with LayerZero Labs
1.8.2023
Gravita Protocol has announced that it has integrated with LayerZero Labs. The purpose of the integration, as stated by Gravita Protocol in the announcement, is to launch the token, $GRAI. It will be launched as an OFT, which stands for omnichannel NFT – non-fungible token. With...
Yuga Labs takes over Roar Studios
1.8.2023
Yuga Labs came out with its official announcement that it has gone ahead and acquired Roar Studios. The company is into gaming as well as social media and the metaverse. For this, it utilizes AI and high-level technology. Roar studios are known to have developed ROAR, which is an all-inclusive...
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
1.8.2023
Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse
Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside
31.7.2023
The Roar team will "contribute their innovative technology, specialized expertise and leadership" to Yuga Labs as it continues its ambitious growth plans for Otherside
Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
31.7.2023
A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission
LBank Exchange Will List DBear Coin (DBC) on July 31, 2023
30.7.2023
PRESS RELEASE. Road Town, BVI, July 30, 2023 – LBank Exchange, a global digital asset trading platform, will list DBear Coin (DBC) on July 31, 2023. For all users of LBank Exchange, the DBC/USDT trading pair will be officially available for trading at 6:00 UTC on July 31, 2023. DBear Coin...
‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official
29.7.2023
In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3 “evolution” is going to...
Andrew Smith, Founder of VRRB Labs, on the State of Blockchains, the Metaverse, and AI Use Cases | Ep. 251
28.7.2023
In an exclusive interview with cryptonews.com, Andrew Smith, Founder of VRRB Labs, talks about building a Layer1 blockchain, how Metaverses should not be built on the blockchain, and how AI will make crypto more efficient. ...
Read More: Andrew Smith, Founder of VRRB Labs, on the State...
Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
28.7.2023
The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community
Meta Q2 earnings: Reality Labs losses top $7.7B year to date
27.7.2023
Meanwhile, Meta's metaverse-building business has racked up around $21 billion in losses since the start of 2022
SEC appeal could amplify Ripple win, says Ripple Labs legal chief
26.7.2023
Stuart Alderoty said that an appeal on behalf of the SEC could see Ripple consolidate its victory over the regulator even further
Ripple vs. SEC — Respite for a Beleaguered Industry
25.7.2023
On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...
TRM Labs: ISIS Allies Utilized Crypto to Raise Millions for Terrorism
24.7.2023
Middle Eastern terrorist groups associated with ISIS are increasingly turning to cryptocurrency to conduct their operations, according to a new report from TRM Labs.
On Friday, the blockchain analytics and compliance firm wrote that it has found “mounting on-chain evidence” of the organization’s...