Tag: Labs
Yuga Labs’ NFT Discord Channels Hacked
Discord accounts of NFT projects such as Bored Ape Yacht Club (BAYC), owned by Yuga Labs, have been hacked. Hundreds of thousands of dollars worth of ETH was stolen in…
Binance Labs Raises $500M Funds to Boost Web3 and Blockchain Adoption
Binance Labs, the venture capital arm of the world’s largest crypto exchange Binance, has created a $500 million fund to invest in web3 and blockchain companies. In the statement made…
Terraform Labs (Terra) Employees Sued After LUNA 2.0 Release
The effects of the collapse that started earlier this month when the Terra USD (UST) lost its stability are still not over. South Korean authorities have summoned all Terraform Labs…
Ava Labs CEO Explains Avalanche (AVAX) Main and Subnets
Ava Labs CEO Emin Gün Sirer made a statement about the Avalanche network on his official Twitter address. Emin Gün Sirer made a statement on Twitter on May 26: You’ve…
Ava Labs Founder Explains LUNA’s Collapse: Our LUNAs Have Been Reset
New York-based blockchain company developer of Avalanche (AVAX) network Founder and CEO of Ava Labs Emin Gün Sirer made statements about the collapse of Terra. In an interview with Ava…
After Resignations at Terraform Labs: “The remaining team members are confident in the mission of the project”
Terra was dealt another blow after the LUNA and TerraUSD collapse. Terraform Labs’ legal department has resigned. General counsel of Terraform Labs Marc Goldichbaschief corporate consultant Lawrence Floridachief litigation and…
Dapper Labs Introduces $725 Million Fund To Developers Using Flow Blockchain
Flow network developer Dapper Labs has announced that it has launched $725 million in funding to attract more projects to the Flow blockchain, known for its popular Non-fungible token (NFT)…
‘3D NFT’ Collaboration from Sony and Theta Labs
A collaboration for NFT and the metaverse craze also came from Sony and Theta Labs. The two industry giants have reportedly partnered for a technology that will enable them to…
Theta Labs Will Help Sony Produce NFT
Japan-based technology giant Sony Electronics announced that it is collaborating with Theta Labs to launch Non-Fungible tokens. According to the statement made by Sony, people can move objects without using…
Decentralized Exchange Protocol Developer 0x Labs Increases Valuation by $70M
0x Labs, the developer of the decentralized exchange protocol and ZRX token, has raised $70 million in a Series B funding round. According to the news made by Forbes on…
Uniswap Labs Started Imposing Partial Access Barriers to Some Crypto Addresses
Uniswap Labs, the developer of decentralized exchange Uniswap, has started to impose a front-end level access block on some digital wallet addresses found to be involved in illegal activities. Uniswap…
Avalanche (AVAX) Network Developer Company Ava Labs Reaches $5.25 Billion Valuation
New York-based blockchain company Ava Labs, the developer of the Avalanche (AVAX) network, has raised $350 million, reaching a valuation of $5.25 billion. Founded and managed by Cornell University professor…
Terraform Labs Donates Approximately $860 Million Value to LUNA to Luna Foundation Guard (LFG)
Stating that TerraUSD will accumulate $10 billion worth of bitcoin as a reserve, Terraform Labs donated 10 million LUNA ($860 million) to the Luna Foundation Guard (LFG). Terra’s nonprofit Luna…
Helium (HNT) Receives $200M from Funding Round: Renamed Nova Labs
Helium (HNT), a decentralized blockchain-based network for Internet of Things (IoT) devices, It received $200 million in investment from a Series D funding round and announced to its investors that…
Binance Labs Makes a Strategic Investment in Aptos Labs to Accelerate Industry Adoption
Binance Labs, the venture capital arm and innovation incubator of leading cryptocurrency exchange Binance, has made a strategic investment in layer-1 blockchain Aptos Labs to accelerate industry adoption. Binance by…
Binance Labs Invests in Same Project for the Second Time: $5 Million This Time
Binance Labs, ultraverse He had announced that he had invested in a company called the company just a week ago. In this short period of time, he made another investment…
PUBG’s Developer Company Krafton Will Collaborate With Solana Labs
Krafton, the developer company of the popular battle royale game PUBG, announced a long-term agreement with Solana Labs for blockchain-based games. According to a post on Krafton’s website on March…
BAYC Developer Yuga Labs’ New Project Trailer Reaches Nearly 900,000 Views in a Short Time
The promotional trailer of the new project “Otherside” published by Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, has reached approximately 900,000 views in a…
Binance Labs and DeFiance Capital Lead the Seed Financing Round of Metaverse Project Ultiverse
Metaverse project Ultiverse has raised $4.5 million at a $50 million valuation in a seed funding round jointly led by Binance Labs and Singaporean DeFiance Capital. Binance, March 18 in…
Terraform Labs Donates $1.2 Billion for the Development of the LUNA Ecosystem!
world’s largest crypto coins Terraform Labs, the company behind Terra between LUNA made a new donation to support its ecosystem. Terraform Labs CEO Do Kwon said the company’s 12 million…