Labs

Tel Aviv, Israel, July 2nd, 2024, Chainwire Dusa Labs, a pioneering DeFi protocol built on the Massa blockchain, has partnered with Sayfer to ensure the utmost security of its innovative platform. This strategic collaboration leveraged Sayfer's extensive expertise in smart contract auditing, fortified the Dusa protocol, and set a new standard for secure and trustworthy DeFi experiences. Dusa Labs stands at the forefront of the DeFi revolution with its pioneering development of the first fully decentralized trading protocol on the…

Infrared Finance raised an undisclosed amount from Binance Labs to develop its liquid staking solutions for Berachain. The company plans to launch its staking tokens, iBGT and iBERA, on Berachain’s V2 testnet soon. Infrared Finance, a Berachain-based liquid staking protocol, has successfully raised an undisclosed amount in a strategic funding round led exclusively by Binance Labs, the $10 billion venture capital arm of the global cryptocurrency exchange, Binance. This marks Binance Labs’ inaugural investment in the burgeoning Berachain ecosystem. We…

The post Terraform Labs’ $4.5 Billion SEC Settlement Spurs LFG’s Crypto Transfer appeared first on Coinpedia Fintech News The Luna Foundation Guard (LFG), associated with Terraform Labs (TFL), recently transferred its crypto holdings to a direct custody solution following a significant settlement with the U.S. SEC.  This move has raised questions about the foundation’s financial strategies. Background and Settlement with the SEC Notably, this activity comes shortly after Terraform Labs and its co-founder Do Kwon settled a civil fraud case…

Blockchain advisory startup Hermetic Labs said today it’s ready to provide urgent and much-needed assistance to organizations looking to participate in the rise of Web3. It has just launched its blockchain consultancy service, with the aim of helping companies and individuals navigate the headache-inducing complexities that characterize the crypto industry.  Hermetic Labs is led by Milana Valmont, who previously founded Kira Core, a hypermodular DeFi ecosystem startup that’s building a unified infrastructure stack for decentralized financial applications such as “staking-as-a-service”. She…

Binance Labs announces to have invested in Rango exchange in the second round of the investment program with the participation of Nomad Capital and Foresight Ventures. Rango is handling more than two million daily swap quotes which involve 600K unique wallet addresses. The Venture Capital (VC) and incubation arm of Binance (BNB), Binance Labs announces a strategic investment into cross-chain decentralized exchange (DEX) and bridge aggregator Rango. According to Yi He, co-founder of Binance and Head of Binance Labs, the…

Fantom and Sonic Labs announce a $200 million FTM Innovator Fund to boost dApp adoption. Strategic grants prioritize current Fantom ecosystem applications, supporting blockchain innovation. Together with Sonic Labs, the Fantom Foundation has launched the Sonic Labs Innovator Fund. With this initiative, Fantom’s treasury will contribute up to 200 million FTM in order to expedite the quick integration of other partners and decentralized apps (dApps) into the Sonic network. Announcing: Sonic Labs Innovator Fund We're committing up to 200,000,000 FTM…

A recent Bloomberg report has revealed that Montenegro’s Prime Minister, Milojko Spajic, personally invested in Terraform Labs years before the company’s collapse. The discovery has raised concerns regarding the founder’s choice to flee prosecution by seeking refuge in the same nation.  The founder of Terraform Labs, Do Kwon, was detained in Montenegro in March 2023 and is currently facing extradition demands from the US and South Korea.  Opposition Calls For Resignation According to Bloomberg, Milojko Spajic has claimed that the…

Palo Alto, United States, June 20th, 2024, Chainwire Multi-year agreement combines Aptos’ blockchain technology and Web3 onboarding guidance provided by Aptos Labs with NBCUniversal’s globally recognized media and entertainment brands Aptos Labs today announced a long-term strategic development agreement with NBCUniversal aimed at revolutionizing fan experiences, loyalty and gaming through blockchain technology and Web3. The agreement will explore integrating accessible blockchain technology and Web3 with NBCUniversal’s properties, connecting fandoms to the content that they love.  “We aim to deliver world-class,…

Binance has invested in Rango, a cross-chain DEX and bridging aggregator, aiming to enhance interoperability across multiple blockchains, including Bitcoin, Solana, Tron, and Cosmos. Rango, which supports over 60 digital assets, 70 DEX protocols, and 20 bridges, has processed over 2.5 million crypto-related swaps and handles more than 3,000 trades daily. Binance’s venture capital arm has announced its investment in a new cross-chain decentralized exchange (DEX) and bridging aggregator. In a recent blog post, the world’s largest crypto exchange by…