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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
Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm
19.7.2022
On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related...
Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years
18.7.2022
Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty...
Celsius Mulls Another Option for Its Clients, Central Bank Fines Binance + More News
18.7.2022
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: Celsius Mulls Another Option for Its Clients, Central Bank Fines Binance + More News
Otherside Metaverse demo kicks off with 4,500 participants: highlights
18.7.2022
The highly anticipated first trip into the Otherside Metaverse went off with 4,500 users, as the project’s Otherdeed NFTs surpassed $1 billion in sales
Yuga Labs Drops Otherside Litepaper — Document Covers the ‘Foundational Principles’ of the Metaverse Platform
17.7.2022
Following the introduction of the Otherside metaverse and the apecoin (APE) launch, Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), published the Otherside’s litepaper. The team says the “document serves as a starter guide for the Otherside...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...
UK’s government-backed Millicent Labs demos a retail full-reserve digital currency
14.7.2022
The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology
A16z, Variant Lead $18M Round for Lending Protocol Morpho Labs
12.7.2022
The protocol enhances existing lending protocols like Compound and Aave with peer-to-peer liquidity
Web 3 Startup Mysten Labs Aiming For $2B Valuation in Latest Funding: Report
11.7.2022
The startup founded by veterans of Facebook's crypto unit is reportedly raising at least $200 million led by FTX Ventures
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
8.7.2022
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations...