On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or DApps, to span multiple blockchains, announced that it raised $135 million in its latest ...
Tag: Labs
Interoperability Protocol LayerZero Labs Secures $135m Investment
Decentralized full-chain interoperability protocol LayerZero Labs has secured a $135 million investment co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz (a16z). LayerZero Labs, an omnic...
Helium Network Rebrands To Nova Labs, Raises $200m in Series D
Helium Inc., the development team behind the Helium decentralized wireless network (HNT), has announced that it will change its trade name to Nova Labs going forward. The announcement coincides with t...
LayerZero Labs Closes $135m Series B, Set To Build Omnichain Protocol
LayerZero Labs, an omnichain interoperability protocol that fuses decentralized applications across blockchains, has announced that it just closed a $135 million Series B investment round led by Andre...
LayerZero Labs Generates $135M in Funding, Pushing Company’s Valuation to $1B
After LayerZero’s beta launch, LayerZero Labs launched a cross-chain liquidity transfer protocol Stargate. The protocol solves the Bridging Trilemma holy grail problem. LayerZero Labs has generated $1...
LayerZero Labs Secures $135 Million in Funding
LayerZero Labs became the latest blockchain startup to achieve the status of a unicorn after the company raised $135 million in its recent funding round. The investment round was co-led by Sequoia, FT...
Terraform Labs buys an additional 2,943 BTC for $139M
Terraform Labs has doubled down on its Bitcoin (BTC) strategy after purchasing an additional 2,943.00002511 BTC for $139 million. Data from block explorer Blockchain.com shows the company’s wallet rec...
How bitcoin is becoming the new decentralized ‘gold standard,’ according to Terraform Labs’ Do Kwon
Do Kwon, Founder and CEO of Terraform Labs, recently made headlines with an announcement to purchase billions of dollars worth of bitcoin in order to establish “decentralized forex reserves” for UST, ...
Helium Raises $200M, Rebrands as Nova Labs
Key Takeaways Helium Inc. has raised $200 million at a $1.2 billion valuation and rebranded to Nova Labs. Tiger Global and Andreessen Horowitz led the Series D round. The Helium network consists of a ...
Helium’s Nova Labs now valued at $1.2 billion after fastest rollout in history
Today, Nova Labs (formerly Helium Inc) announced $200M in Series D financing at a $1.2B valuation with investment from Tiger Global, a16z, Nokia, and Alexis Ohanian. Volvo, Cisco, and Accenture are no...
Chainlink Labs Announces “An Ideal Addition”: Hires Diem CTO Dahlia Malkhi in Web3 Push
Chainlink Labs announced “an ideal addition” in the form of Dahlia Malkhi, a former Diem executive who will assist in growing its data oracle network. Sergey Nazarov CEO of Chainlink Labs in a press s...
Chainlink Labs Appoints Diem CTO Dahlia Malkhi as CRO
Chainlink Labs, a US-based operator of an online contract management platform, announced Tuesday the appointment of Dr. Dahlia Malkhi, former Diem Association Chief Technology Officer, as its Chief Re...
Ether Capital, Dapper Labs Part Of Canadian Web3 Council That Advocates National Tragedy In Canada For Cryptocurrency, Digital Assets
The Canadian Web3 Council, a newly formed group, announced that it is aiming to become a proponent of a national tragedy in Canada for digital assets and cryptocurrency. The Canadian Web3 Council urg...
Aptos Labs Raises $200 Million From Binance Labs And Other Investors
Binance Labs, the venture capital arm of cryptocurrency exchange Binance, has announced that it has invested in the Layer 1 blockchain platform Aptos Labs. Some of the members of the Aptos Labs were a...
Waves Labs opens head office in Miami
Waves Labs (WAVES/USD) is opening a U.S. head office in Miami and making a number of key hires in their U.S. senior leadership team, Business Wire reported. The news follows the February announcement ...
Binance Labs Makes Investment in Aptos Labs
Binance Labs, the innovation and venture capital arm of digital exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other f...
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world. Krafton, stylized as KRAFTON which was formerly known ...
‘BLAST’, Bware Labs’ API Platform Enters General Release Phase
Bware Labs, which aims to solve the centralized node problem within decentralized systems, has recently announced that its API infrastructure platform is now fully functional. The main issue that has ...
6 Questions for Mitch Liu of Theta Labs – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Mit...
Yuga Labs fetches $450M in funding, Charles Hoskinson’s prediction falls short and spot BTC ETFs incoming?: Hodler’s Digest, Mar.20-26
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
DigiThree Labs Joins Hands with LCX Exchange
In an effort to increase the security of users, DigiThree Labs and LCX recently announced a collaboration. Both companies have partnered to provide a formal Proof-of-Concept agreement. Q4 2021 volumes...
PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services – Bitcoin News
Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new busines...
Binance Labs Announces Additional $5 Million Investment in Ultiverse
Binance is betting big on Ultiverse, a Web 3.0 social gaming Metaverse, and is ensuring that the Binance Chain offers a smooth experience for developers and users. A week after leading the $4.5 millio...
DAO Labs is Re-inventing Merit based Allocations
DAO Labs has recently announced its plan to launch Social Mining V2 to the cryptocurrency market. They feel Venture Capitalists benefit more than loyal community members. Stating that creating the act...
DigitThree Labs Partners with LCX Exchange for Proof-of-Concept Deal
LCX Exchange is partnering with DigitThree Labs to form a formal agreement for Proof-of-Concept. Through this partnership, LXC Exchange will drive forward its DGMV Authenticator, which is tentatively ...
Gaming Giant Krafton Announces Solana Labs Partnership
The two are coming together to create video games with elements of blockchain technology, such as NFTs. PUBG Creator Hops On To Solana The partnership announcement came from Krafton, which is a billi...
PUBG Parent Firm Krafton Signs Deal with Solana Labs for Blockchain-based Gaming
The two companies will work together towards the design and marketing of blockchain-based games, NFT games, and services. On Wednesday, March 23, Krafton – the parent company behind the popular game P...
Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans – Interview Bitcoin News
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (Do...
Binance Labs Is Leading $8M Seed Funding Round for Tea
Binance Labs recently announced leading an 8 million dollar seed funding round for Tea, an emerging open-source software platform on the blockchain. The innovation incubator and venture capital behind...
Binance Labs leads $8 million funding for Tea
Binance Labs announces that it has led an $8 million funding round for Tea, a new company building an open-source software platform based on the blockchain. Binance Labs funds Tea Binance’s venture c...
SEC wins ruling to submit discovery against Ripple Labs
TL; DR Breakdown Court grants SEC permission to submit discovery against Ripple Labs The commission has seven days to submit discovery XRP community shows frustration over SEC’s delay in the case The ...
PUBG Developer Teams Up With Solana Labs To Launch Play-To-Earn Crypto Games
Chang Byung-gyu, founder and chairman of online gaming company Krafton. Jean Chung/Bloomberg Krafton, the South Korean gaming giant founded by billionaire Chang Byung-gyu, is expanding it crypto empir...