While the cryptocurrency market is still trying to reel from the bearish crisis affecting it in recent weeks, another blow is on the horizon in the form of legal proceedings against one of its major p...
Tag: Labs
Protagonist A $100 Million Crypto Fund Launched By Saber Labs
A new crypto fund named Protagonist has been launched by Saber Labs which is a Solana-based cross-chain decentralized exchange. The crypto fund and incubation lab shall be helping foundational protoco...
Web3 Startup Mysten Labs Seeks $200m in Series B Financing, Closing Valuation at $2B
Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion The financing process is still in intense discussions, and Myste...
Published by Planetarium Labs, Nine Chronicles Unveils Chapter 3
The publisher of Nine Chronicles, Planetarium Labs, recently drawing attention from the media with their successful $32M funding led by Animoca Brands, Krust Universe, Wemade and Samsung Next, has ann...
Web3 product studio 0xytocin Labs acquires NFT project Chain Scouts
Singapore, Singapore, 10th July, 2022, Chainwire The developer team behind Project Godjira, SkyVerse and many other NFT projects, 0xytocin Labs, has acquired Chain Scouts to enhance their ecosystem a...
SOL surges 3.2% in the last 24 hours despite a lawsuit filed against Solana Labs
The latest crypto legal battle that is underway happens to be against Solana Labs among others. The class-action lawsuit has been filed on behalf of Mark Young, a holder of SOL tokens. With the SEC v ...
Investor files lawsuit accusing Solana Labs of selling unregistered securities
An investor in the SOL token has filed a class-action lawsuit against Solana Labs and other key parties within the Solana ecosystem. The lawsuit claims that Solana’s native token SOL is an unregistere...
TerraForm Labs Has No Control Over LUNC, Terra 2.0 Is A Public Coin, Claims Do Kwon
After the Terra (LUNA) crash, there have been a huge number of facts have come into the spotlight. Among them, there were allegations like Do Kwon cashing out $2.7 billion of worth crypto before the c...
Do Kwon Refutes Claims That Terra Form Labs (TFL) Has “Special Privileges” Over LUNC Governance
– Advertisement – A Twitter spat is brewing between Terra’s Do Kwon and another user who shot out a strong question at Kwon. Going by the handle “THORchain.BULL,” the user wanted to know...
Fundraising Rounds with Tenderize and Planetarium Labs, Celsius Settles MakerDAO Debt, Aave Launching Stablecoin – crypto.news
Project funding continues with Tenderize and Planetarium Labs completing successful rounds. Celsius, the recently troubled lending platform, pays MakerDAO’s loan releasing all WBTC collateral. Aave is...
Solana Labs Accused of Selling Unregistered Securities in New Lawsuit
Solana Labs and key players in the Solana ecosystem were hit with a lawsuit on July 1 in California federal court. The class-action lawsuit was filed by Roche Freedman LLP and Schneider Wallace Cottre...
XRP Beats Cardano by Market Cap After XRPL Labs Major Announcement
Gamza Khanzadaev XRP continues to climb up in market cap top, with XRPL Labs announcing “Hooks Amendment” At the end of the work week, XRP was able to pull further away from Cardano (ADA) ...
Solana Labs Faces Class Action Lawsuit Over Violation of Securities Laws – crypto.news
An aggrieved investor is accusing Solana Labs, its co-founder, and other entities of promoting the SOL token classified as unregistered security which benefited insiders and caused losses to investors...
Investors File Lawsuit Against Solana Labs Alleging SOL Is ‘Highly Centralized’ Unregistered Security
A class-action lawsuit has been filed against layer-1 blockchain Solana (SOL) on the grounds that the smart contract platform is not as decentralized as advertised. In a court filing dated July 1st, S...
Solana Labs Sued By SOL Investor For Allegedly Making Illegal Profits
A Solana investor has filed a class action lawsuit against major stakeholders in the Solana network for allegedly benefitting off SOL, the native coin of the blockchain which, according to the claim, ...
California-based Solana (SOL) Investor Files Lawsuit Against Solana Labs
3 hours ago | 2 mins read Altcoin News Misleading SOL’s circulating supply has been alleged by Young. According to the primary plaintiff, Mark Young, SOL tokens are unregistered securities. A class-ac...
Solana Labs hit with a class-action lawsuit 1
Solana Labs has been hit with a lawsuit claiming its SOL token, is unregistered. The firm is one of the few that is in cold waters as there have been quite a number of legal tussles over the last few ...
Solana Labs Faces Class-Action Lawsuit in California. Here’s Why It’s Important
Alex Dovbnya Solana Labs has been slammed with a class-action lawsuit in California Solana Labs, a non-profit organization behind the Solana blockchain, has been hit with a class-action lawsuit that w...
Yuga Labs tech demo draws thousands of Otherside land holders
Yuga Labs, creators of the Bored Ape Yacht Club NFT collection, completed the first load test on Wednesday afternoon of the Otherside metaverse. The test for the game — which lets users turn the...
Web3 Gaming Firm Planetarium Labs Raises $32m in Series A Funding
Singapore-based web3 gaming firm, Planetarium Labs raised $32 million in Series A funding led by Animoca Brands. According to The Block, co-founder and co-CEO Kijun Seo said that this was Planetarium ...
Liquid markets are healthy markets, says Kairon Labs co-founder
Market maker Kairon Labs have been working with projects such as StepApp (FitFi) and Ergo, providing liquidity on over 30 exchanges. Kairon Labs and most other market makers agree that “liquid markets...
Binance Labs Spearheads $3 Million Seed Funding for Magic Square
Binance Labs’ involvement in raising new capital for Magic Square will help the platform grow and also facilitate global Web3 adoption. Binance‘s venture capital arm Binance Labs recently co-led a $3 ...
Can NFTs really give you digital rights? CryptoSlate AMA with Theta Labs, AfterOrder, and SolSea
CryptoSlate hosted an AMA Friday, July 1, to talk about NFTs and digital rights. Joined by the Head of Strategy at Theta Labs, Wes Levitt, renowned artist and founder of AfterOrder, RamonN90, and SolS...
What’s new in the Lightning Network Daemon of Lightning Labs?
Lightning Network developers came up with the latest software release claims to create solutions for empowering developers Lightning Labs has released Lightning Network Daemon’s (lnd) beta version. ln...
Lightning Labs Introduces Taproot, Musig2 in Beta Version of Lightning Network Daemon
Lightning Labs has announced the release of the beta version of the Lightning Network Daemon (lnd). The firm has revealed incorporating several improvements in the new – v0.15-beta. The main idea is t...
Terra Labs Had $3.6 Billion Worth of Stablecoins that Might Have Been Used to Manipulate Prices
The study, which was a collaboration between CoinDesk Korea and blockchain security firm Uppsala Security, used on-chain data forensic methods to look into Terra’s collapse following the incident on M...
BAYC’s Yuga Labs Files Lawsuit Against RR/BAYC Creator Ryder Ripps ⋆ ZyCrypto
Advertisement     Yuga Labs, the NFT company behind BAYC and MAYC, has filed a suit against American conceptual artist and creator of NFT collection RR/BAYC, Ryder Rip...
Ripple Labs Inc Floats CBDC Innovate Challenge
Digital currency payments company Ripple Labs Inc has announced a new hackathon dubbed the CBDC Innovate Challenge for developers who can build XRP Ledger-powered payment solutions bordering on Centra...
Ripple Labs Launches Hackathon to Promote CBDC on XRP Ledger
The blockchain payments company, Ripple Labs Inc has announced the launch of its hackathon dubbed Ripple CBDC Innovate challenge as it seeks to power innovation bordering on Central Bank Digital Curre...
Is Terra Labs Involved in Price Manipulation With $3.6B USDT & UST? Decoding the Truth
Terra Labs may have roughly $3.6 billion in USDT and UST, as shown in a CoinDesk Korea article. According to the news source, the money could be used for exchange and DeFi price gouging or financial f...
Web3 network Peaq raises $6 million in a round led by Fundamental Labs
Web3 network Peaq has raised $6 million in a round led by blockchain venture capital firm Fundamental Labs. Other investors in the round included HashKey, Delta VC, GSR and Cypher Capital, according ...