Fall of TerraUST started a domino effect which led to a downturn in the market and caused some companies to file for bankruptcy. Voyager, Celsius and Three Arrows Capital (3AC) became one of the leadi...
Tag: Labs
Class-Action Lawsuit Against Terraform Labs Dropped
It’s been more than half a year since the first major player in the crypto space went under, with the decidedly unstable “stablecoin” UST losing its peg and taking its creator, Terraform Labs, down wi...
Albright Capital drops lawsuit against Terraform Labs and Do Kwon
Albright Capital has voluntarily dropped its lawsuit against Terraform Labs and Do Kwon. Zhu Su, the founder of Three Arrows Capital, posted a portion of the dismissal letter on Twitter. In his Twitte...
Investment Firm Dismisses Fraud Suit Against Terraform Labs
Albright Capital voluntarily dismissed a class-action lawsuit against Terraform Labs. The lawsuit alleged that TFL committed fraud and focused on the UST stablecoin, among other things. Terraform Labs...
Albright Capital voluntarily drops lawsuit against Do Kwon, Terraform Labs
Investment firm Albright Capital has voluntarily dismissed its fraud charges against the failed Terraform Labs and its executives including Do Kwon. Following the historic Terra collapse in May 2022, ...
Why SEC Sued Ripple Labs? Unfolding The Real Reason
In late 2020, the SEC filed a lawsuit against Ripple Labs, alleging that the company had violated federal securities laws by selling XRP, which the SEC considered to be a security, without registering...
Solana Labs Turns a Loss of Approx. $200M Following the Downfall of FTX
Solana Labs reportedly loses millions of its cryptocurrencies after FTX collapses FTX’s recent downfall still has a continuing effect on Solana’s price Solana Labs also seems to have bypassed the mos...
2022 Edition- Presented by Solana Foundation and Ava Labs
The Block Research was commissioned by Ava LabsAva Labs and the Solana Foundation to produce Comparing Layer-1 Platforms: 2022 Edition, which provides an in-depth study across ten dominant Layer-1 (L1...
Yuga Labs’ NFT royalty income hits $107.8M in 2022
Yuga Labs‘ total royalty income from Otherdeed for Otherside, Bored Ape Yacht Club (BAYC), and Mutant Ape Yacht Club (MAYC) collections add up to $107.8 million, according to data shared by MilkRoadDa...
14 Crypto Law Predictions For 2023, According To Delphi Labs
Gabriel Shapiro, the legal counsel at crypto company Delphi Labs and a US attorney with more than a decade of experience, has made his predictions for the coming year 2023. However, contrary to the cr...
Ryder Ripps and Jeremy Cahen file a counterclaim against Yuga Labs
A counterclaim has been filed by Ryder Ripps along with his partner, Jeremy Cahen. This comes in the middle of the ongoing case, which was started by Yuga Labs, saying that Ryder Ripps has infringed c...
Yuga Labs dominates most expensive NFT sales of 2022
It’s been a tough year for NFTs. Things started well. January this year hit an all-time high in terms of sales on marketplaces. With the drop in the price of Ethereum and the onset of the bear m...
Yuga Labs lawsuit receives counterclaim from NFT artist
Yuga Labs, creators of the popular Bored Ape Yacht Club NFTs, received a counterclaim in an ongoing lawsuit against an artist and his business partner who allegedly forged “copycat” versions of their ...
Island Nation Goes Digital With Help From Ripple Labs
There has been a sudden surge in cryptocurrency’s popularity around the world. Countries, whether large or small, are attempting to integrate blockchain and cryptocurrencies into their economy by goin...
Binance Labs Amassed 2,100% Returns on Investment Since Inception
Binance Labs – the investment arm of crypto exchange Binance – reportedly made a historical return on investment, reaching as high as 2,100%. As a result, the total assets under management have hit $7...
Uniswap Labs Taps Fiat Space With Moonpay Partnership
Uniswap has announced a partnership with fintech firm Moonpay to enable users to purchase cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The new service aims to add...
Former President & COO of Activision to Become New Yuga Labs CEO
Daniel Alegre is set to become Yuga Labs’ new CEO in the first half of 2023 and will focus on the company’s Otherside project. Yuga Labs has appointed the outgoing President and COO of Activision Bliz...
KuCoin Labs Launches Incubation Program to Accelerate Builders
VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin Labs, the incubation and research arm of KuCoin, has announced the launch of the long-term incubation program, to accelerate builders and enable a sustainab...
Planetarium Labs Announces NCG 2.0
Planetarium Labs, aiming to become a pioneer of open-source, decentralized blockchain games, announced a significant ecosystem update on December 19 with plans to majorly overhaul its current NCG (Nin...
Wave Labs reveals DAXA warning caused significant damage to WAVES token
Waves Labs has reported that Futures data revealed that a DAXA warning on Dec. 8 did more harm to the WAVES token than the depegging of the USDN stablecoin “ever could.” The Open Interest ...
Terra Luna affiliate Kernel Lab’s $92M frozen by court
Six months after the collapse of Terra Luna, South Korean authorities are still investigating the incident. Today, a South Korean court has frozen $92 million in assets related to Terra tokens. The CE...
Activision Blizzard President to Replace Yuga Labs’ Nicole Muniz
Yuga Labs’ latest announcement is a potential booster for the company’s metaverse push. The organization said that they will appoint the current Activision Blizzard (NASDAQ: ATVI) COO and President, D...
Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network
According to Sztorc, the purpose of drivechains is to give Bitcoiners access to innovative features and products currently confined to altcoin networks. Examples would be Zcash’s zero-knowledge proofs...
‘Huge signal and validation’ — Top Activision exec to take Yuga Labs’ helm
The appointment of one of Activision Blizzard’s highest-ranking executives to a leadership position at Bored Ape Yacht Club (BAYC) parent Yuga Labs has been seen as a boon for its metaverse effo...
Bored Ape Creator Yuga Labs Nabs New CEO From Gaming Giant Activision Blizzard
Daniel Alegre is the new CEO of Yuga Labs. His new gig was revealed this morning, less than 72 hours after it was announced that he was stepping down from his position as President and COO of Activisi...