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Umami Labs founder: DAOs aren't always the answer
13.4.2023
Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning
EOS Network lands $60M investment and partnership from DWF Labs
13.4.2023
DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption
SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense
13.4.2023
The SEC filed a letter to further support its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won
Information Protocol RSS3 Raises $10M via Token Sale to DWF Labs
11.4.2023
RSS3 recently unveiled RSS3 AIOP, an AI training environment providing Web3 information to the likes of ChatGPT
Sei Labs Raises $30M for Trading-Focused Layer 1 Blockchain
11.4.2023
Investors in the two strategic rounds included Jump Crypto, Distributed Global and Multicoin Capital
SinVerse Secures Strategic Partnership and Investment from DWF Labs to Drive Web-3 Gaming Industry
10.4.2023
PRESS RELEASE. SinVerse Studios, a trailblazing web-3 game studio, has secured a substantial seven digit investment deal led by DWF Labs to propel its platform’s growth and solidify its position as an industry leader. The partnership marks a significant milestone for SinVerse Studios, with...
LABEL Foundation Secures 7 Digit Investment From DWF Labs
10.4.2023
PRESS RELEASE. As per the latest news, LABEL Foundation, a Korean-based organization dedicated to revolutionizing the music industry through the power of blockchain technology, has secured a major investment in the venture round funding from DWF Labs, the multi-stage Web 3.0 investment firm....
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
7.4.2023
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange....
Eleos Labs adds FailSafe anti-theft & fraud detection to Polygon
7.4.2023
Eleos Labs recently announced the addition of the FailSafe suite of fraud detection and anti-theft detection systems to Polygon. Polygon released an official string of tweets and a post to inform users about the development. According to the tweets, the latest pilot program is in collaboration with...
25% of NFT owners have a collection of 51 or more – CoinGecko Report
7.4.2023
Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report
zkSync Era denies 921 ETH 'stuck forever' in smart contract
7.4.2023
One member of the cryptocurrency subreddit pointed out that “EVM equivalent” compilers like zkSync Era does not necessarily mean it is fully “EVM compatible.”
Aragon and Polygon Labs collaborate to boost DAO accessibility
6.4.2023
The collaboration is set to allow users to build decentralized autonomous organizations quickly and securely, for less than 50 cents, with no coding required
Gunzilla Games extends its partnership with Ava Labs via GUNZ
6.4.2023
Gunzilla Games is expanding its collaboration with Avalanche Labs by building GUNZ on top of the Avalanche Subnet. Following the positive outcomes, the SDK will be made accessible to the developer community so they can take advantage of the features that redefine the market, including the built-in...
DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem
5.4.2023
Radio Caca has evolved from managing the NFT collection of Elon Musk’s mom to a Steam-like blockchain gaming ecosystem
Former Activision Blizzard exec joins Yuga Labs as CEO: Nifty Newsletter, March 29–April 4
5.4.2023
The Sandbox co-founder Sebastien Borget said in an interview with Cointelegraph that artificial intelligence could reduce toxicity in the metaverse
Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure
5.4.2023
The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain
LayerZero Labs manage to obtain $3B in funding
5.4.2023
LayerZero Labs has successfully managed to collect an amount to the tune of $3 billion. This was duly obtained through a Series B funding round. In order to remain in sync with its plans for the future, this amount will be duly utilized for the onboarding of a fresh lot of employees, along with...
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder
5.4.2023
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South...
Delphi Labs Raises $13.5M for Web3 Accelerator
4.4.2023
P2P led and Jump Crypto joined the incubator’s first external funding round
NFTs Are the Ultimate Disruptor of Hollywood's Entertainment Status Quo
4.4.2023
Web3 technology is already being used in the film industry to build communities and monetize niche content offerings. NTFs are the next big step