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Terraform Labs Alleges Citadel Securities' Role in Stablecoin Depegging Conspiracy
13.10.2023
Terraform Labs, the entity behind Terra (LUNA) and TerraUSD (UST), has accused market maker Citadel Securities of a "concerted, intentional effort" to cause the collapse of its stablecoin in May 2022.
On October 10, Terraform Labs filed a lawsuit with the United States District Court in...
Terraform Labs contends Citadel Securities had a hand in its stablecoin collapse
13.10.2023
Terraform Labs has urged the judge to grant its motion to compel trading data from Citadel Securities, which it says had a hand in the collapse of USTC in May 2022
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
12.10.2023
The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs
Crypto Prime Broker Membrane Labs Raises $20M From Brevan Howard, Point72 and Jane Street
11.10.2023
Membrane Labs, a cryptocurrency-focused trading and lending platform, has raised $20 million in a Series A funding round, with participation from big names like Brevan Howard Digital and Point72 Ventures. The capital will be used to help build the type of grown-up trading infrastructure the crypto...
Bitcoin needs Ethereum VM to reach its full potential — Web3 exec
11.10.2023
Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine
Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO Launches Biotech Firm for Longevity Experiments on Animals
9.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO...
Nifty News: Yuga cuts staff, NFT trading volume on Mythos Chain surges and more...
7.10.2023
Yuga Labs CEO Daniel Alegre said the firm was stretching itself thin by taking on too many projects, and will now focus on its core aims with a smaller team
Singapore Grants Ripple Full License to Provide Crypto Services
6.10.2023
The Monetary Authority of Singapore (MAS) has granted Ripple a full license to provide crypto services. “This license underscores the real-world utility of crypto solutions for businesses and financial institutions alike, marking an important step towards wider adoption of digital...
Polygon Co-Founder Jaynti Kanani Steps Down After Six Years
5.10.2023
Jaynti Kanani, the co-founder of Ethereum layer 2 solution Polygon, has revealed that he is taking a step back "from the day-to-day grind" in the project after dedicating six years to its development and growth.
In an Oct. 4 X post, Kanani said he "decided to step back" about six months ago...
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
4.10.2023
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network
Polygon Co-Founder Jaynti Kanani Steps Down
4.10.2023
Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday
Star Atlas allows Solana creators develop for free in SAGE Labs
4.10.2023
Star Atlas recently announced expanding its services to Solana builders and creators. The venture is allowing Solana developers free development in SAGE Labs and beyond. Any developer looking to leverage SAGE Labs features for their dApps can easily do it now. The integration has opened the doors...
At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design
3.10.2023
The developer’s OP Stack software – the blueprint for Coinbase’s new Base blockchain – had been criticized for the lack of a crucial security feature, likened to driving a fast car without airbags
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
2.10.2023
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro
Chainlink Unveils ‘Data Streams’ to Reduce Latency, Expands Decentralized Computing
2.10.2023
The company launched Chainlink Data Streams and announced new decentralized computing capabilities
‘I Won’t Tell if You Don’t’ — SEC Unearths Alleged Scheme by Do Kwon to Fabricate Terra Transactions
1.10.2023
In the wake of the U.S. Securities and Exchange Commission’s (SEC) call to depose Terraform Labs creator and former CEO Do Kwon, the SEC unveiled an alleged exchange between him and his former associate Daniel Shin. The ex-Terra boss reportedly claimed he could fabricate transactions on...
Do Kwon dismisses Slack chat records as irrelevant evidence
30.9.2023
Slack conversations between Terraform Labs' co-founders Do Kwon and Daniel Shin have exposed their contemplation of orchestrating fraudulent transactions on the Terra blockchain
Theta Labs’ Web3 DRM boosts exclusive pet videos
29.9.2023
In an unprecedented partnership, two industry titans are uniting to revolutionize the delivery of content. Two well-known companies, The Pet Collective and Theta Labs, have joined forces to enhance the online experience of their five million consumers with exclusive content. This activity...
Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga
28.9.2023
The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally maintains that the SEC’s bid for a preclusion order...
Buenos Aires Releases Blockchain Digital Identity Solution Powered by Matter Labs’ ZK Proofs
28.9.2023
Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government