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Asva Labs Wins Investment From Polygon for Innovative Metaverse Solutions


Asva Labs joins hands with Polygon as it wins hefty strategical investment from the renowned blockchain. The collaboration will see Asva Labs building the first blockchain-backed Metaberse accelerator and launchpad. MetaLaunch by Asva Labs will be a multi-chain launchpad for Metaverse and Gaming...

Kucoin Labs Launches $100 Million Metaverse Investment Fund


Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include...

Ripple Proposes ‘Real Approach to Cryptocurrency Regulation’


Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done...

SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol


The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address....

Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP


Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) over XRP, Ripple is launching a new product, Liquidity Hub, which aims to be “a one-stop shop for enterprises to source any tokenized asset.” The product “will allow customers to seamlessly access...

OKEx Enters Partnership with Matter Labs


OKEx Blockdream Ventures announced a strategic partnership with Matter Labs. The integration will see the venture stake with zkSync 2.0 developed on the zkVM. It is the Solidity compiler with extra layer two functionality and is also the first app on an EVM-supported zkRollup. Matter Labs recently...

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