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Binance Labs announces granting $10M to Helio Protocol
11.8.2023
Binance has announced that its investment arm, Binance Labs, is granting funds worth $10 million to Helio Protocol. The objective is to support the innovation in the direction of enhancing the DeFi experience. For Binance Labs, the investment reflects its dedication to supporting projects that...
Curve Token Climbs After Binance Labs Commits to $5M Investment
10.8.2023
The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain
The SEC is looking to appeal a decision on Ripple Labs
10.8.2023
The US District Judge Analusa Torres recently ruled that Ripple’s XRP was not violating any federal securities law by getting listed on public exchanges. However, the US Securities & Exchange Commission, that is, the SEC, has taken cognizance of this outcome and sought to draft an appeal...
Court Trial Dates Set for SEC's Case Against Ripple Labs in Southern District of New York
10.8.2023
In a filing on August 9th in the U.S. District Court for the Southern District of New York, Judge Analisa Torres, who is handling the civil case of the United States Securities and Exchange Commission (SEC) against Ripple Labs, intends to set a jury trial for the second quarter of 2024. The trial...
Aptos Labs announce a partnership with Microsoft
10.8.2023
Aptos Labs has announced that it is partnering with Microsoft. The objective is to boost adoption and onboarding to Web3 under the umbrella of participating in the transition. The world is headed to Web3 from Web2, and Aptos Labs is looking forward to making its contribution along with the backing...
NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum
10.8.2023
DeLabs has promised to return the $3 million grant initially provided by Polygon Labs to support y00ts from Solana to Polygon
Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain
10.8.2023
APT pumped 17.6% within the first 50 minutes before cooling off to $7.51 — still 11.6% above pre-announcement levels
Microsoft and Aptos Labs Collaborate on New AI Blockchain Solutions
9.8.2023
Aptos, a reincarnation of Facebook's Diem blockchain, is integrating Microsoft's AI infrastructure to support users and developers
Ex-FTX US Head of Partnerships, Sina Nader, Takes on Role as Head of Strategy at Mysten Labs
8.8.2023
Sina Nader, the former head of partnerships at FTX US, has joined Mysten Labs as its new head of strategy.
Nader will report directly to Evan Cheng, the CEO and co-founder of the Palo Alto-based Web3 startup, according to a Monday report from Bloomberg.
Cheng, along with other former employees...
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
Polyhedra Network & Lagrange Labs collab for optimistic rollups
8.8.2023
Polyhedra Network has announced its partnership with Lagrange Labs. The objective of the partnership is to solve zkBridging for optimistic rollups. Interestingly, this marks the first instance of both of them coming together to enable zkBridging with the offering of instance finality of optimistic...
Cronos Labs enters the Korean market
8.8.2023
Cronos Labs, known for its blockchain network, has announced that it is now targeting the market of Korea for its global expansion. The move became more evident when Cronos Labs marked its presence at the Seoul Web3 Festival to judge some of the upcoming dApps, short for decentralized applications....
Binance Labs Maintains Dominance in Crypto Funding Despite Regulatory Challenges
8.8.2023
Binance Labs, the venture capital arm of the largest cryptocurrency exchange, Binance, remains an active investor in the crypto space despite its parent company facing regulatory challenges and potential fraud charges.
Last week, Binance Labs announced four investments through its Most Valuable...
It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'
7.8.2023
An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT
Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
7.8.2023
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass
Universities are 'critical players' for the future of Web3 — Lbank Labs CEO
7.8.2023
LBank Labs Czhang Lin said that it’s important for universities to understand Web3 and guide students toward the right vision
Controversy as MakerDAO's Spark Protocol blocks users with VPNs
7.8.2023
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
5.8.2023
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles
Offchain Labs introduces BOLD
4.8.2023
Offchain Labs introduces BOLD (Bounded Liquidity Delay), a dispute protocol that allows permissionless authentication for Arbitrum chains, along with providing a guarantee of longevity of the chain and minimum latency, and obstructs doubtful entities from increasing costs for entities with...
Animoca Brands’s nWay partners with Yuga Labs to launch Wreck League
4.8.2023
nWay, a subsidiary of Animoca Brands, has announced that it is partnering with Yuga Labs to launch the first phase of Wreck League. That is a game that brings together the worlds of Web2 and Web3. The partnership will enable them to offer players a wide option of creating their own Mech. These...