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Apecoin DAO Approves Funding a Bored Ape-Centric News Publication
30.7.2022
Apecoin DAO community members have approved a governance proposal that will fund a Bored Ape Yacht Club (BAYC)-centric news publication called the Bored Ape Gazette with $150,000 for the first year. While the Bored Ape Gazette has been in operation since June 1, 2021, the site’s operator...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
30.7.2022
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May...
Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2
29.7.2022
Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit, is shedding lots of money. In its recent earnings call, the company informed that, while the Reality Labs unit managed to pull more than $400 million in sales, its losses reached $2.8 billion, mainly...
Crypto use in emerging markets driven by necessity: KuCoin Labs head
28.7.2022
Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets
Zuckerberg unfazed about $2.8B metaverse division loss in Q2
28.7.2022
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg
Gamestar+ Confirms Partnership With Ava Labs and Impending Launch on Avalanche
27.7.2022
PRESS RELEASE. Streaming social game platform Gamestar+ has confirmed an official partnership with blockchain developer Ava Labs, commencing the development of the technological framework that will allow Gamestar+ to bring the most iconic and well-known interactive IPs and entertainment brands...
Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News
27.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News
NFT Hacks Via Discord Could Be Connected - Analysts
27.7.2022
An analysis of recent hacks targeting non-fungible token (NFT) projects carried out through the social media platform Discord shows that many of them are part of a larger string of attacks, according to blockchain intelligence company TRM Labs.
Such attacks have rapidly risen over the past three...
Aptos Labs raises $150M, more than doubling valuation
25.7.2022
According to Cointelegraph Research, VCs invested $14.67 billion into blockchain startups Q2. Web3 projects have attracted significant interest
Law Firm is Trying to Organize Class Action Lawsuit Against Yuga Labs
25.7.2022
USA-headquartered law firm Scott+Scott is trying to organize a class-action suit against Yuga Labs, the entity behind popular non-fungible token (NFT) collections Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Otherside....
Read More: Law Firm is Trying to Organize Class Action...
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales
25.7.2022
According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment...
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
25.7.2022
Layer 1 blockchain Aptos Labs has raised $150 million in a Series A funding round led by FTX ventures, taking the total raised this year to $350 million
Report: South Korean Prosecutors Raid Home of Terraform Labs Co-Founder
25.7.2022
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data. Seven Cryptocurrency Exchanges Targeted...
Yuga Labs 'inappropriately induced' BAYC investors: Class action
25.7.2022
Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.”
Large institutions sold $5.5B in BTC since May — and we're still here
22.7.2022
Massive sell-offs from institutions appear to have been the driving force behind the drop in Bitcoin price since May, according to an analyst from Arcane Research
'The market is acting this way because there is no regulation' says Skale Labs' Konstantin Kladko
21.7.2022
According to Kladko, a combination of naive investor protection mechanisms and lack of market regulation led to the recent DeFi "supercrash."
ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee
20.7.2022
0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems
Matter Labs Schedules zkSync 2.0 Mainnet Launch for October
20.7.2022
As Ethereum scaling competition heats up, Matter Labs says it will bring the first EVM-compatible ZK rollup to market
ApeCoin price eyes 45% rally following Otherside metaverse demo
19.7.2022
APE has been pursuing a rare ascending triangle reversal breakout, with its profit target at $8.40
Yuga Labs warns of 'persistent threat group' targeting NFT holders
19.7.2022
The warning comes only days after hackers compromised the website of Premint NFT, making off with more than 300 NFTs and $375,000 of Ethereum