Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted […]
Azuki NFT Creator Chiru Labs Buys Anime.com to Expand Digital Footprint
Chiru Labs, the creator of the Azuki non-fungible token (NFT) collection, has acquired the domain Anime.com as part of its strategy to deepen its involvement in the anime world. This move is seen as an effort to expand their digital footprint and integrate more closely with the anime community. The acquisition of Anime.com is expected […]
Degods NFT Creator De Labs Launches Memecoin to Transform Non-Fungible Tokens
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 […]