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Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users
24.2.2023
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: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN...
The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
24.2.2023
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important
Dapper Labs Ruling Could Spell Trouble for Other Centralized NFT Projects, Experts Say
23.2.2023
If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities
Dapper Labs Laying Off Another 20% of Its Staff: Report
23.2.2023
The job cuts follow a previous 22% workforce reduction in November
DWF Labs Invests $25M in Privacy Tech Startup Beldex
23.2.2023
The funds will help promote the ecosystem of decentralized applications that protect user data
Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs
23.2.2023
'It would be absurd' for a US court to rule private NFTs as securities: Lawyer
23.2.2023
The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities
23.2.2023
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot...
NBA-Branded 'Top Shot' Moment NFTs May be Securities, Judge Rules in Dapper Labs Case
22.2.2023
Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated
Today in Crypto: Galaxy and PayPal Invest in Chaos Labs, Tezos Partners with Google Cloud, BitPay and ZenLedger Join Hands, The Sandbox Collaborates with Ubisoft, Opera Releases Alteon LaunchPad
22.2.2023
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: Galaxy and PayPal Invest in Chaos Labs, Tezos Partners with Google Cloud, BitPay and ZenLedger Join Hands...
War of Words Over zkEVMs Might Portend Long Struggle to Tech Maturity
22.2.2023
As Polygon and Matter Labs race to bring their zkEVMs to market, both will need to make compromises in the name of security
PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs
22.2.2023
Chaos Labs protects crypto protocols against external exploits and risks with an automated risk management platform
Galaxy Digital, PayPal Lead $20M Fundraise for Chaos Labs
21.2.2023
The startup offers an automatic economic security system and simulation engine for decentralized finance projects
Polyhedra Network Raises $10M for Zero-Knowledge Infrastructure
21.2.2023
Binance Labs and Polychain Capital led the round with Animoca Brands and dao5 participating
Polygon Labs Cuts 20% Workforce, Almost 100 Jobs
21.2.2023
The firm said that the job cuts are part of its consolidation earlier this year
Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more
21.2.2023
The conference known as “Proof of Conference” was slated to run in May has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose
Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more
20.2.2023
The logo for a popular Yuga Labs NFT collection is being changed after it was seemingly ripped off from a follow-along children's drawing creator
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...
Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
19.2.2023
NFTs were introduced to the world to help solve the illegal use of intellectual properties and protect artists — the very problem Yuga Labs has been accused of doing
Former CFTC Chairman: SEC Was 'Absolutely Right' to Sue Terraform Labs, Do Kwon
17.2.2023
Timothy Massad, now a research fellow at Harvard’s Kennedy School of Government, says the government was right in issuing the complaint, adding that while stablecoins present risks, they also open the door to opportunities