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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
Euler Labs hacker returns 'all of the recoverable funds' — Timeline
4.4.2023
23 days after the hack, on April 4, Euler Finance announced the total possible recovery of the lost funds, thus ending the $1 million bounty
Nifty News: Gucci to drop Otherside pendants, Jack Daniels taps AR, Web3 and more
4.4.2023
Jack Daniels is dropping digital collectibles in an AR game, while FIFA launched an AI-football simulation game that will eventually ship NFT integrations
Alchemy Pay and DWF Labs sign strategic partnership agreement
3.4.2023
Alchemy Pay has a strong foothold in Europe, Southeast Asia, and Northern and Latin America. It is now looking to further its expansion in the Korean market. That could soon be a reality, considering the payment gateway service provider has entered into a strategic partnership with DWF Labs....
Former Activision Blizzard executive joins Yuga Labs as CEO
1.4.2023
With Daniel Alegre on board, Yuga Labs is expected to ramp up its metaverse efforts. Previously, he held leadership positions at Google, Activision Blizzard, and Bertelsmann
Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
1.4.2023
Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
Over 7,000 Players Successfully Converged in Yuga Labs' Otherside Metaverse 'Second Trip'
1.4.2023
Thousands of NFT holders joined the gamified experience last weekend, showing glimpses of what’s to come from the virtual world launching later this year
Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
1.4.2023
This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to...
Ramani Ramachandran, CEO of Router Labs, on Cross-Chain Communication, Bridges, and AI | Ep. 217
31.3.2023
In an exclusive interview with cryptonews.com, Ramani Ramachandran, Founder & CEO of Router Labs, talks about cross-chain communication issues, the future of crypto, and how developers hold the keys to crypto mass adoption. ...
Read More: Ramani Ramachandran, CEO of Router Labs, on Cross-Chain...
First Mover Americas: Ripple Labs' XRP Token Marches Forward
31.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Report: South Korean National Assembly to Pass Digital Asset Law in April
31.3.2023
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered...
Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows
30.3.2023
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto...
US or South Korea: Terraform Labs Co-Founder Do Kwon Extradition Fate to Be Decided by Judge
30.3.2023
A judge will decide whether Do Kwon will be extradited to the United States or South Korea, Montenegro’s justice minister, Marko Kovac, reportedly said.
“Consideration will be given to the gravity of crimes, location of committed offenses, sequence of requests, as well as citizenship” of...
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition
30.3.2023
Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation,...
Market Maker DWF Labs Emerges as Top Crypto Investor
29.3.2023
Managing partner Andrei Grachev discussed the firm’s investment strategy – and continuing risks for the industry