De Labs has announced the launch of their new crypto token, $ DEGODS, aimed at unifying digital assets within the Dust Labs non-fungible token (NFT) ecosystem. The $ DEGODS token, powered by the Solana blockchain, is available for conversion to investors holding $ dust, Degods, and y00ts NFTs. While the Degods NFTs …
Uniswap Labs CEO Denies Protocol Deployment Extortion Claims
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $ 20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote. He added that deployments are prioritized based on the activity and effort involved, …
Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of 720 milliseconds. This achievement suggests the project could set a new standard as the fastest distributed […]
Polygon Labs to Invest $5 Million in Acquiring VPU-Based Server Systems
Polygon Labs has announced a $ 5 million investment in Fabric’s custom Verifiable Processing Unit (VPU) to enhance the performance of its ZK-powered protocols. This investment marks Polygon Labs as the first protocol to adopt these next-generation crypto-native hardware systems. The VPU, designed to support advanced cryptographic operations and optimized for ZK cryptography, aims …
Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin. Crypto Giants Tron, […]