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Prosecutors Seeking Arrest Warrant for Terraform Labs' Daniel Shin: Yonhap
30.11.2022
Terraform Labs' co-founder is being charged with violating the Electronic Financial Transaction Act, according to media reports
Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff
29.11.2022
With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the...
Yuga Labs teams up with Adidas to launch Limited World Cup collection
29.11.2022
The FIFA World Cup fever goes on to the next level, pretty much where the digital community was expecting it to. In a recent development, Yuga Labs took to Twitter to announce its collaboration with Adidas. The objective is to launch the Limited World Cup collection of Yuga Labs. Once launched,...
Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
29.11.2022
Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies
Billion-Dollar NFT Platform Backed By Gary Vee Cuts a Third of Workforce Amid Market Downturn – Here’s What You Need to Know
29.11.2022
And the layoffs continue amid the ongoing bear market, with the non-fungible token (NFT) platform Candy Digital becoming one of the latest companies to fire a significant number of its employees.
Candy Digital is an NFT platform founded by entrepreneur and investor Gary Vaynerchuk and Michael...
Scott+Scott declares fresh investigation into Yuga Labs
28.11.2022
The Securities and Exchange Commission had engaged itself in the act of investigating the suspicious goings-on at Yuga Labs, which happens to be a prime and important NFT-based project. Along with them, a consumer rights organization by the name of Scott+Scott, decided to join the fray. They,...
New Metaverse Game Backed by LBank Labs Could Easily 25x – How to Buy Early?
25.11.2022
RobotEra is a brand new metaverse backed by LBank Labs that is currently in its presale, and has been selling out extremely quickly, having now managed to successfully raise $226k in record time. ...
Read More: New Metaverse Game Backed by LBank Labs Could Easily 25x – How to Buy Early?
Proximity Labs declares a funding amount of $10 million
25.11.2022
Proximity Labs has taken the firm decision to make a formal declaration of a funding amount of $10 million. This is coupled with other investors in the fray, such as Orderly Network, Spin, and Tonic. Primarily, this will aid in the development of decentralized orderbook solutions at the NEAR...
ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
25.11.2022
The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame
Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
24.11.2022
Several prominent crypto companies including Aptos Labs and Jump Crypto will contribute $50 million to the planned $1 billion Industry Recovery Initiative (IRI)
Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’
24.11.2022
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t...
DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
23.11.2022
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market
DWF Labs joins MAD Metaverse as strategic advisor
23.11.2022
DWF Labs’ primary objective is to invest in and promote the leading cryptocurrency projects, as well as to become innovators and Web3 industry leaders. MAD Metaverse will now be supported by this company, which offers consulting, strategic advice, smart contract audits, and other related...
South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder
20.11.2022
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at high prices before the token crashed. Shin...
Ripple CEO Optimistic Crypto Industry Will Be Stronger After FTX Fiasco if Transparency and Trust Remain Its Focus
20.11.2022
The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto industry will come out stronger after the FTX meltdown if transparency and trust remain its key focus. He stressed the importance of having “honest conversations about solving real-world problems with crypto...
News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
18.11.2022
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: News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market
18.11.2022
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from...
News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
17.11.2022
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: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
16.11.2022
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators. Terraform Labs Co-Founder’s Company Chai Reportedly...
Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
16.11.2022
The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds