SEC seeks $5.3 billion from Terraform Labs and Do Kwon
The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5…
Binance Labs backs BounceBit for Bitcoin restaking and CeDeFi revolution
Binance Labs invests in BounceBit for Bitcoin restaking and CeDeFi innovations. BounceBit integrates CeFi and DeFi empowering BTC beyond traditional value storage. BounceBit’s dual-token system enhances security, transparency, and network…
Ethena Labs announces 750 million ENA airdrop for its community
Ethena Labs has announced that the ENA airdrop is set for April 2, with trading on exchanges also open. Eligible Shard Campaign participants will be airdropped tokens amounting to 750…
Trial against Terraform Labs and Do Kwon to begin in NYC in Kwon’s absence
The trial against Terraform Labs and Do Kwon begins in NYC post-prison release. SEC accuses Kwon of fraud over TerraUSD collapse, sparking $40B loss. As the NYC trial unfolds, the…
Bitget lists BeFi Labs (BEFI) expanding the BRC20 Ecosystem Zone
Victoria, Seychelles, March 25th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has listed BeFi Labs based BEFI tokens in its BRC20 zone, which includes trending tokens…
Karma3 Labs Raises a $4.5M Seed Round Led By Galaxy and IDEO CoLab to Build OpenRank, a Decentralized Reputation Protocol
Palo Alto, California, March 1st, 2024, Chainwire Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying…
Taki Games teams up with Two3 Labs to launch NFT game “Puzzle Smoofs”
Taki Games and Two3 are eyeing mainstream adoption of Web3 gaming. A new NFT game Puzzle Smoofs will help bring more gamers to Web3, with players rewarded using TAKI tokens.…
Binance Labs invests in EigenLayer restaking protocol Renzo
Binance Labs, the venture capital arm of Binance, has invested in Renzo. Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for Ethereum restaking protocol EigenLayer. Binance’s venture capital…
Polygon Labs, Animoca Brands partner with Human Institute to launch ZKP-powered palm recognition
Humanity Protocol emerges from stealth with Human Institute, Polygon Labs and Animoca Brands partnership. The protocol provides for a privacy-preserving alternative to the more invasive biometric methods such as iris…
Binance Labs invests in Ethereum liquid restaking protocol Puffer
Binance Labs has invested an undisclosed amount in Ethereum restaking protocol Puffer. Puffer Finance will use these funds to develop its Layer 2 network and to bring ETH staking and…