CoinDesk reported Wednesday that Do Kwon, co-founder and chief executive of the development firm behind the Terra blockchain, was closely involved with an earlier stablecoin effort that failed to gain...
Tag: Labs
Terraform Labs Launches 3 Emergency Actions to Save LUNA, UST Stablecoin
On Thursday, Terraform Labs, the team behind the Terra ecosystem, outlined three emergency measures aimed at saving LUNA and its native stablecoin UST from collapse. The three measures include burning...
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s Twitter account, which included ...
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims – Bitcoin News
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has d...
Dapper Labs’ Flow Launches $725M Fund to Facilitate Web3 Growth
Vancouver-headquartered Flow is launching a $725 million ecosystem fund for decentralized applications aiming at developing on the Flow blockchain. According to a press release, the fund’s intended ut...
ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
ApeCoin (APE), the new cryptocurrency that was recently launched by Yuga Labs, aims to be the bedrock of the Otherside metaverse and recently, the token has experienced massive volatility leading into...
Former Top Regulators Chris Giancarlo, Brian Brooks Invest In Crypto Risk Monitoring Startup Solidus Labs
Solidus founders from left to right: COO Chen Arad, CEO Asaf Meir, CTO Praveen Kumar Solidus Labs In 2018, struck by the Securities and Exchange Commission’s series of refusals to approve a bitcoin ET...
Terraform Labs Shares “Emergency” Plans as LUNA Breaks Below Five Cents
Share this article Terraform Labs has endorsed a plan to accelerate the UST burn rate in an attempt to save Terra from collapsing. Terra Aims to Avoid Collapse Terra is still in crisis mode. The Lay...
L2 Labs’ ZKSpace Now Supports Transaction Batching for Ethereum Payments – crypto.news
L2 Labs’ ZKSpace has announced the launch of its groundbreaking transaction batching tool designed to make it possible for users to send up to 60 ERC-20 token transfers with just a single transaction....
Dapper Labs unveils $725 million ecosystem fund for Flow blockchain
Dapper Labs, the company behind the NFT-focused blockchain Flow, is launching a $725 million fund to attract developers to the network. The so-called ecosystem fund drew participation from an array of...
Terraform Labs CEO Do Kwon Outlines Terra’s Path Forward for LUNA, UST Stablecoin
Do Kwon, the founder and CEO of Terraform Labs, has broken his Twitter silence to reveal the Terra network’s next steps in the wake of this week’s crash. “I understand the last 72 ho...
Dapper Labs Throws Big Bucks To Back Support Flow Ecosystem, Releases $725M Fund
The latest ecosystem fund will be utilized for supporting 7,500 devs on Flow to develop latest DeFi, infrastructure, gaming and content creator products. Flow is an L1 blockchain developed by Dapper L...
TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash
Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple of days. TerraUSD (UST), a stablecoin pegged 1:1 to the U.S. dol...
Binance Labs Invests in pSTAKE Finance
Binance Labs, the venture capital and innovation arm of digital asset trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respec...
Why does Infura CEO think history repeats amidst the Yoga Labs‘ Otherdeed NFT mint chaos?
In a recent incident, Ethereum transaction demand saw congestion due to mining of Otherdeed NFTs of Yuga Labs Otherdeed NFT from Yuga Labs’ saw enough massive mint last week for the virtual land...
Irreverent Labs Raises $40m in Funding, Led by a16z
Seattle-based startup Irreverent Labs has once again raised $40 million in funding led by Silicon Valley heavyweight investment firm Andreessen Horowitz (a16z). Irreverent Labs is building games and e...
Publicly-traded Digital Asset Firm, Tectona Invests $5M In Fuse Labs
Advertisement     Tectona, Israel’s largest publicly traded digital assets company, announced the signing of a formal agreement with Fuse Labs, a web3 payments company...
How Yuga Labs Could Have Avoided Otherdeed Ethereum NFT Mint Chaos: Infura Co-Founder
Last week, Yuga Labs’ massive Otherdeed NFT mint, for virtual land deeds in the Bored Ape Yacht Club metaverse realm Otherside, clogged the Ethereum mainnet with transaction demand. This triggered a g...
Making sense of Yuga Lab’s ‘virtual’ land bonanza
Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever. It wasn’t without controversy. In return fo...
Yuga Labs’ NFTs Trading Volumes Slump Amid Crypto Selloffs
The Otherdeed NFTs drop caught massive attention from the industry last week as high demand triggered unprecedented Ethereum fees. Otherdeeds are the NFT collection for claiming virtual land in Others...
Fuse Labs Receives $5 Million Investment From Publicly Traded Digital Asset Firm, Tectona
May 9, 2022 – Tel Aviv, Israel Tectona, the largest publicly traded digital assets firm in Israel announced the signing of a binding agreement with Web 3.0 payments company Fuse Labs. The $5 million r...
Fuse Labs Receives $5 Million Investment from Publicly Traded Digital Asset Firm, Tectona.
Tel Aviv, Israel, 9th May, 2022, Chainwire Tectona, the largest publicly traded digital assets firm in Israel announced the signing of a binding agreement with web3 payments company Fuse Labs. Are you...
Why Avalanche Is the Killer App for NFT Games: Ava Labs President
In brief Ava Labs President John Wu recently appeared on Decrypt’s gm podcast. He discussed why he believes Avalanche is best suited for NFT-powered games, as well as current perceptions of NFTs. Much...
LBank and Adanian Labs kickstart a Crypto Accelerator Program in Kenya
The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth for individuals and fast economic growth for their people. However, many beli...
Binance Labs launches Season 4 of its Incubation Program
Binance Labs has launched the Season 4 of its Incubation Program on 5th May 2022. The program helps and supports promising projects in the blockchain space. Binance Labs selected the top 14 projects w...
Terraform Labs CEO Explains UST Depegging as LUNA Prices Plunge
The hottest stablecoin ecosystem in the crypto industry has shown signs of floundering over the weekend as UST dropped its peg and LUNA prices plunged. Weekend transaction data has revealed that Terra...
Theta Labs to giveaway glasses-free 3D display with exclusive NFTs
10 unique Theta NFTs will be minted in partnership with Sony Owners can claim a free Sony Spatial Reality Display Sony display won the CES Innovation award in 2021 Theta Labs is banding together with ...
LBank and Adanian Labs Kickstarts a ‘Crypto Accelerator Program’ in Kenya
The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth for individuals and fast economic growth for their people. However, many belie...
Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display – Coinotizia
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and a...
Sony, Theta Labs to giveaway glasses-free 3D display with exclusive NFTs
Theta Labs is partnering with Sony to release a unique 3D NFT that works without 3D glasses. The “Tiki Guy” NFT will work with a Sony Spatial Reality Display, retailing at $4,999. However, purchasers ...
Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display – Bitcoin News
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and a...