Light Protocol and Helius Labs launch ZK Compression on Solana to reduce storage costs
The ZK Compression uses zero-knowledge proofs for data compression. The ZK Compression slashes Solana on-chain storage costs by 99%. The ZK Compression operates as an integrated L1 solution, avoiding typical…
Uniswap Labs Buys Crypto The Game: A Huge Endorsement For This P2E Meme Coin?
TDLR Uniswap Labs acquires Crypto: The Game on the Base blockchain. The acquisition reflects the growing value of gaming to the crypto community. Gaming platforms like Galaxy Fox benefit from…
Terraform Labs to shut down following the SEC settlement
Current CEO Chris Amani announced that Terraform Labs will wind down. Terraform Labs will sell its remaining assets to various digital asset management firms. More information about Terraform Labs’ dissolution…
Eigen Labs acquires Rio Network to expand EigenLayer blockchain capabilities
Eigen Labs acquires Rio Network and integrates LRT tech into EigenLayer for enhanced staking utility. LRT technology from Rio Network open-sourced to standardize liquid restaking across blockchains. EigenLayer facilitates multi-chain…
Terraform Labs agrees $4.5 billion settlement with SEC
Terraform Labs is to pay $4.47 billion to settle with the US Securities and Exchange Commission (SEC). The SEC sued Terraform Labs and its former CEO Do Kwon after the…
Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security
George Town, Grand Cayman, June 11th, 2024, Chainwire Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security. Zircuit…
Uniswap Labs acquires Crypto: The Game
Uniswap Labs announced the acquisition of Crypto: The Game (CTG) on Monday. The price of UNI, the native token of the Uniswap decentralised exchange (DEX) protocol rose slightly amid this…
Polygon Labs acquires Toposware to advance ZK research
Polygon Labs acquires Toposware to advance ZK research in blockchain. Toposware brings expertise in ZK technology to Polygon’s ecosystem. MATIC token sees positive market response following acquisition news. Polygon Labs…
Yuga Labs discontinues CryptoPunks amid backlash over ‘woke’ collection
Yuga Labs faces backlash over its new Super Punk World collection. The Super Punk World collection pays homage to the irreverent, early-internet roots of CryptoPunks. Yuga Labs’ decision focuses on…
Spectral Labs Joins Hugging Face’s ESP Program to advance the Onchain x Open-Source AI Community
New York, New York, May 7th, 2024, Chainwire Spectral is excited to announce its participation in Hugging Face’s Expert Support Program. Spectral is collaborating with deep learning experts from Hugging…