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Prosecutor says Do Kwon's extradition to South Korea would best serve Terraform Labs' victims: Report
5.5.2023
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
The Sandbox collaborates with ERM LABS to bring escape game rooms!
5.5.2023
The Sandbox has gone ahead and formed an exclusive association with ERM LABS. This entity is a Web3 accelerator platform offering disruptive solutions for real-world entertainment. This is when ERM LABS will see itself entering the virtual world. This venture will begin building real-time escape...
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs
Ava Labs founder awarded $3M in crypto defamation suit
2.5.2023
Emin Gün Sirer, the founder and CEO of Ava Labs, has been awarded millions in damages after an influencer publicly accused him of being part of a Turkish terrorist group in 2021
Thala Labs onboarding RWAs to Aptos with TProtocol
2.5.2023
Thala, which is a DeFi protocol with Move language support, is in the process of onboarding RWAs to Aptos through TProtocol. These assets are entirely uncorrelated to each other, as well as immensely liquid and yield-producing. This is in terms of Thala’s primary objective for $MOD collateral. ...
Polygon Labs submits response to the UK’s HM Treasury
2.5.2023
During the month of February 2023, HM Treasury, the department of the UK government responsible for financial regulations, issued an invitation for a consultation and a request for evidence regarding the establishment of future regulatory rules pertaining to crypto assets. This drew attention...
Lightning Labs Unveils Upgrade to Boost Bitcoin Accessibility for Billions of People – Here's How it Works
30.4.2023
Bitcoin infrastructure firm Lightning Labs has released an update to Litd, its node management tool, in order to make it easier for people to use the Lightning Network.
The new update adds automated fee management, custodial accounts, finer-grained LNC permissions, and the Pool Order Board...
Web3 News From Consensus
28.4.2023
A special edition of The Airdrop on the ground in Austin at CoinDesk's festival
Yuga Labs CEO: 'The Metaverse Is Not New'
28.4.2023
The company behind the Bored Apes Yacht Club has a new CEO from Web2, and he knows that you can’t build Web3 with a Web2 mindset
Google Cloud to optimize Polygon zkEVM scaling performance
28.4.2023
Polygon Labs and Google Cloud will team up in a multi-year agreement to drive the development and adoption of the Ethereum scaling protocol’s infrastructure and developer tools
Epic Games Alum Mike Seavers Will Join Web3 Giant Yuga Labs as CTO
28.4.2023
Mike Seavers will join the home of Bored Ape Yacht Club on May 22
Uniswap Labs delivers Permit2 and Universal Router
28.4.2023
Uniswap Labs has taken the opportunity to deliver two fresh smart contracts. One of them is Permit2, which allows token approvals to be split and controlled across various applications. This helps build a more effective, secure, and competitively priced UX. The other smart contract is the Universal...
Seoul Prosecutors Believe Terra Co-Founder Do Kwon Still in Possession of $100 Million Held in Swiss Bank Account
27.4.2023
In the wake of the recent legal action against ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, known to many as Daniel Shin, it appears that prosecutors from Seoul are convinced that Terraform Labs and co-founder Do Kwon are still in possession of a considerable...
NFT markets are out of balance with sellers dominating
27.4.2023
In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers
Metaverse division's $4B loss drags on positive first quarter for Meta
27.4.2023
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023
MeWe social network with 20M users to integrate with Polkadot parachain
27.4.2023
The integration is built on DSNP, a protocol created by Project Liberty
Cata Labs Raises $4.2M to Develop 'Bridging' Software
26.4.2023
The round was led by Spartan Group and included participation from Robot Ventures, Maven11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt
How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape
26.4.2023
Token airdrops – and the prospect of them – have become a major customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy a sustainable one?
Solana Labs' ChatGPT plugin allows AI to fetch blockchain data
26.4.2023
The plugin will allow the AI chatbot to check wallet balances, transfer tokens and purchase NFTs when OpenAI makes plugins more widely available