Labs

The post Terraform Labs Faces Injunction Order To Limit Its Operations Amidst US User Access After SEC Ruling appeared first on Coinpedia Fintech News Terraform Labs, the company headed by criminally charged Do Kwon that caused the million-dollar crypto crash in 2021, announced that it will restrict US users from accessing certain products and features starting next week.  The move is a response to the Securities and Exchange Commission’s injunctions following a court ruling against the firm and its former…

[PRESS RELEASE – Zug, SWITZERLAND, April 25th, 2024] Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem. Onramps from fiat to crypto have historically been one of the biggest pain points with regard to DeFi accessibility. Thanks to the tireless builders who identified this issue early on, and have been working with regulators, credit card…

The post Ripple vs. SEC: Ripple Labs Challenges SEC’s Late Expert Submission appeared first on Coinpedia Fintech News In a significant legal manoeuvre, Ripple Labs Inc. has filed a motion to strike new expert materials submitted by the Securities and Exchange Commission (SEC) in the ongoing court saga that has captured significant investor attention.  Let’s take a look at this latest development which adds another layer of complexity to the high-profile case, as Ripple challenges the timing and appropriateness of…

Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced the sale of the intellectual property rights for two of its games. This move is part of Yuga Labs’ previously declared commitment to refocus its organizational efforts. Yuga Labs Hands Over Gaming IPs to Faraway In an April 17 announcement on X, Yuga Labs revealed the decision to transfer the IP rights of HV-MTL and Legends of the Mara to Faraway. We have some exciting news…

In a notable collaboration, Aptos Labs, the developer of the Aptos (APT) Layer-1 (L1) blockchain, announced a partnership with tech giants Microsoft, Brevan Howard, and South Korean telecommunications company SK Telecom for a new decentralized finance (DeFi) platform. Aptos Labs Unveils Aptos Ascend The announcement, made on Thursday, revealed that Aptos Labs is launching Aptos Ascend, which will leverage the technologies of cloud computing platform Microsoft Azure, Azure OpenAI service, and SK Telecom while benefiting from the expertise of Brevan…

The post Aptos Labs Partner with Industry Giants to Launch Institutional Platform Aptos Ascend appeared first on Coinpedia Fintech News Aptos Lab, a leading blockchain infrastructure developer, has announced groundbreaking partnerships with major tech and finance firms, including Microsoft, Brevan Howard, SK Telecom, and Boston Consulting Group. These collaborations mark a significant step in the development of Aptos Ascend, an institutional platform aimed at revolutionizing digital asset management for financial institutions. INTEL: Aptos Labs collaborates with Microsoft, Brevan Howard and…

Chainlink has announced a new partnership with Cyfrin, a smart contracts audit and research firm, to offer users of its BUILD and SCALE programs private smart contract and protocol audits. Cyfrin will offer market-leading products, including competitive audits platform CodeHawks, developer education platform Updraft, and Solodit, an aggregator with over 8,000 security findings. Chainlink’s mission to offer its ecosystem the best products and services took a massive stride this week, with the oracle network announcing a new partnership with Cyfrin,…

April 17th, 2024 — Merlin Chain, a pioneering Bitcoin Layer 2 solution, is thrilled to announce a successful new round of funding co-led by the Spartan Group and Hailstone Labs with significant contributions from Amber Group, Presto Labs, and IOBC Ventures. This strategic partnership marks an important milestone in Merlin Chain’s journey, positioning it at the forefront of the Bitcoin ecosystem’s evolution. Since its last funding round, Merlin Chain has successfully launched its mainnet, which has rapidly gained traction within…

Saakuru Labs announced its successful $2.4 million oversubscribed funding round — securing the future expansion of the Saakuru Protocol in the GameFi sector. This financial backing will aid the adoption and growth of the protocol as it sets out to ignite innovation within blockchain gaming.  Led by Based VC and ARC Community, this funding round stands as a testament to the market’s confidence and belief in Saakuru’s potential impact in GameFi. Funding Allocation The capital secured by the funding round…