XRP rallies after major Ripple Labs legal wins
Ripple has secured approval in Singapore, paving the way for regional expansion. AA US Judge has also denied SEC’s appeal boosting XRP price by 4% to $0.53. Ripple’s legal wins…
FTX sues to recover $21 million from LayerZero Labs
The lawsuit focuses on a deal allowing Alameda Research to sell back a 5% stake in LayerZero. The lawsuit also draws attention to an unfinished deal involving 100 million STG…
Binance Labs commits to a $5M investment in Curve DAO tokens
Binance Labs is offering support to Curve after the recent hack. The investment is part of recent OTC deals done by Curve founder with notable figures in the crypto space.…
Aptos Labs taps into Microsoft’s AI infrastructure to accelerate Web3 adoption
Aptos Labs has partnered with Microsoft to expand global access to Web3. Developers building on the blockchain network will leverage Microsoft’s Azure OpenAI Service to streamline and scale dApps. Aptos…
Binance Labs invests $10 million in DeFi project Radiant
Binance Labs’ strategic investment in Radiant Capital will help the DeFi protocol expands its product to more EVM chains. The price of Radiant’s native token RDNT rose 10% following the…
Dapper Labs lays off 51, cites prolonged crypto winter in NFT market
51 Dapper Labs employees have been laid off in the recent layoff. This is the third round of layoffs for Dapper Labs. It made prior layoffs in November and February.…
Cronos partners with Filecoin’s Protocol Labs to boost Web 3 adoption
Cronos Labs has announced a partnership with Protocol Labs. Protocol Labs is the creator of Filecoin and IPFS. Cronos Labs announced a major partnership with Protocol Labs, the creator of Filecoin,…
Binance Labs incubation program season 6 opens as AltSignals presale hits 96.71%
Binance Labs has started accepting Season 6 Incubation Program applications for Web3 innovation. The incubation program offers tailored resources and mentoring for startups. At the same time, the first stage…
DWF Labs vote of confidence to the WavesDAO project sends WAVES price up 91%
WavesDAO is a For-Profit DAO on the Power Protocol platform aimed to support the development of Waves Blockchain-based projects. Market maker DWF Labs has committed 500K WAVES to the WavesDAO…
SYS Labs announces mainnet release for Rollux
SYS Labs has scheduled the Rollux mainnet launch date as June 28, 2023. Rollux is an EVM-compatible Layer-2 scaling platform. The mainnet launch is expected after a successful testnet and…