Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Labs
Aptos Labs Makes Strategic Investment in Mereo to Revolutionize Fan Engagement
Palo Alto, United States, August 29th, 2024, Chainwire Aptos Labs Teams Up with Mereo to Address Asset Scalping and Strengthen Fan Loyalty, Transforming the Artist-Fan Connection Through Fairer Engagement Practices. Aptos Labs, a leading innovator in blockchain technology, today announced a strategic investment in Mereo, a pioneering platform reshaping fan engagement and loyalty. This partnership aims to revolutionize how artists and IP owners connect with their fans and address the growing challenge of IP-related asset scalping in the music and…
9 months ago
Terraform Labs Sparks LUNA and LUNC Price Rally with Key Hearing Date
The post Terraform Labs Sparks LUNA and LUNC Price Rally with Key Hearing Date appeared first on Coinpedia Fintech News LUNA and LUNC prices briefly moved upward following a crucial announcement from Terraform Labs. LUNA is trading at $0.3289, reflecting a 0.50% increase, while LUNC climbed 2% to $0.000082. The surge in trading volume suggests growing interest among traders as the company prepares for significant developments. But what’s causing the surge today? Read on. Terraform Labs Sets September 19 for…
10 months ago
Three Arrows Capital Takes Legal Action Against Terraform Labs For $1.3 Billion
The post Three Arrows Capital Takes Legal Action Against Terraform Labs For $1.3 Billion appeared first on Coinpedia Fintech News The troubles for Terra seem unending! Recently, Three Arrows Capital (3AC) filed a $1.3 billion lawsuit against Terraform Labs to recover massive losses from the collapse of Luna and TerraUSD, according to Bloomberg. This lawsuit is linked to the dramatic events of 2022, when Terra’s ecosystem fell apart. Here’s all the key points you need to know. Allegations of Market…
10 months ago
ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development
Palo Alto, CA, August 13th, 2024, Chainwire ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node with Mysten Labs Mysten Labs, a web3 infrastructure company and the original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand of Ant Digital Technologies. With the integration of Sui, ZAN aims to accelerate the development and adoption of its web3 applications. The collaboration will focus on Mysten Labs lending technological support…
10 months ago
Terraform Labs Founder Faces Justice: Do Kwon’s Extradition Confirmed!
The post Terraform Labs Founder Faces Justice: Do Kwon’s Extradition Confirmed! appeared first on Coinpedia Fintech News South Korea is set to receive Do Kwon’s extradition from Montenegro. The Appellate Court of Montenegro has issued a ruling confirming the decision earlier taken by the High Court of Podgorica to send him to his Native country, Instead of the U.S. Let’s explore the case development for Kwon’s Extradition. The Battle for Kwon’s Extradition After a long legal battle and competition between…
10 months ago
Tags
LabsTags
LabsEverreach Labs Unveils Official Trailer for New Co-op PvE Shooter REVENGE
Delaware, US, July 30th, 2024, Chainwire Everreach Labs, the game development studio made up of the industry veterans behind gaming masterpieces including Far Cry 3, Rainbow Six Siege, and Fortnite, is thrilled to announce the release of the official trailer for their highly anticipated title, REVENGE. This groundbreaking co-op PvE extraction shooter - powered by Unreal Engine 5 - has already drawn significant interest across the gaming community, with over 60,000 players during last year's prototype testing period. REVENGE introduces…
10 months ago
Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others
George Town, Cayman Islands, July 22nd, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and prominent angel investors including the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and more. With this new funding, Zircuit will be able to supercharge ecosystem growth and activity on its…
11 months ago
Terraform Labs Sets August Deadline for Bankruptcy Claims: Impact on LUNC and USTC Investors
The post Terraform Labs Sets August Deadline for Bankruptcy Claims: Impact on LUNC and USTC Investors appeared first on Coinpedia Fintech News Terraform Labs announced on its official X account that the deadline for filing claims in TFL and TLL’s Chapter 11 bankruptcy lawsuits is August 10 at 09:00 UTC. The business advised Terraform Lab’s claimants to submit their paperwork by this date. Terraform Labs, which created TerraUSD, filed for Chapter 11 bankruptcy with the Delaware bankruptcy court on January…
11 months ago
Unifi Token: Midas Labs’ Game-Changing Crypto Asset Redefines the Gaming Industry
The post Unifi Token: Midas Labs’ Game-Changing Crypto Asset Redefines the Gaming Industry appeared first on Coinpedia Fintech News Unifi Token is set to list on the LBank Exchange on July 15th, marking a significant milestone for Midas Labs and the broader gaming community. In the ever-evolving world of blockchain and gaming, Midas Labs is making waves with the introduction of its ground-breaking digital currency, the Unifi Token (UNIFI). This innovative token is poised to transform the gaming landscape, offering…
11 months ago