Labs

Alkimi proudly announces the launch of their newest version of the Labs platform, a major upgrade set to transform the £600 billion digital advertising market through innovative decentralised technology. This launch marks an unparalleled opportunity for Web3 infrastructure to capture real-world revenue from Web2 businesses and services. Alkimi Labs is a gateway to the world of decentralised advertising, allowing advertisers, publishers, and validators to view, query, and validate transactions. It is the engine that powers the Alkimi Ad Exchange. Alkimi…

San Francisco, California, June 18th, 2024, Chainwire Developers on SKALE Can Now Leverage Unity’s World-Class Services for Premier Web3 Game Development Today, SKALE Labs, the gas-less EVM-compatible blockchain designed for secure Ethereum scaling, has announced they have joined Unity’s publisher support program. Unity is the world’s leading platform of tools for creators to build and grow real-time games, apps, and experiences across multiple platforms. The program will empower gaming developers with enhanced support services, enabling them to leverage Unity’s game…

The SEC accuses Ripple of engaging in practices similar to those of previous violations. A potential SEC appeal could add further twists to the ongoing legal battle. A new development in the continuous legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) has seen the SEC react to Ripple’s most recent filings pertaining to the Consent Judgment, as echoed by crypto enthusiast Jack The Rippler. BREAKING: The SEC has responded to @Ripple's letter regarding the TerraForm Labs…

BNB Chain and Binance Labs collaborate to launch the BNB Incubation Alliance. The initiative aims to support and expedite early-stage blockchain projects globally. According to the latest update on June 13, 2024, from Binance, BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA). In line with CNF’s recent update, BNB Chain and Binance Labs have collaborated with top venture capitalists to launch this initiative. Support for Early-Stage Projects The BNB Incubation Alliance aims to host global events…

The post Ripple vs SEC Lawsuit: Can $2B Fine Be Reduced? Will Terraform Labs Settlement Influence Outcome? appeared first on Coinpedia Fintech News Ripple Labs has challenged the U.S. Securities and Exchange Commission (SEC) on their $2 billion fine in the ongoing lawsuit. On Thursday, the company’s attorney stated in a “notice of supplemental authority” that the penalty proposed by the SEC is excessively punitive. In addition, they brought the comparison with the recent Terraform Labs settlement, and persuaded the…

Dubai, UAE, June 13th, 2024, Chainwire BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, and Binance Labs, the venture capital and incubation arm of Binance, today announced the launch of BNB Incubation Alliance (BIA). With the ethos of “building together to fast-track your Web3 journey,” the BNB Incubation Alliance is an alliance aimed at fostering early-stage blockchain projects through a series of global events, co-hosted with industry Venture Capitalists, Incubators, and developer communities. Designed to…

The post Terraform Labs to Settle SEC Dispute with $4.47 Billion Payment appeared first on Coinpedia Fintech News Terraform Labs has reached an agreement with the U.S. Securities and Exchange Commission (SEC) to pay $4.47 billion, resolving a significant dispute. This comes from the $40 billion market loss in 2022 caused by the Terra ecosystem collapse. Terraform Labs to Pay Nearly $4.5 Billion in SEC Settlement The Securities and Exchange Commission has requested court approval for a final consent judgment…

Solana-based Squads Labs successfully raised $10 million in a Series A funding round with the participation of Electric Capital and other investors.  Squads have also launched its retail-oriented iOS wallet app, Fuse, on the testFlight, and is expected to be made available in the main app store by early July.  The main developer of the Solana-based multisig protocol Squads, Squads Labs, has announced that it has raised $10 million in a Series A funding round. This brings the total funding…

George Town, Grand Cayman, June 11th, 2024, Chainwire Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security. Zircuit is a new Layer 2 (L2) network that introduces a novel approach to on-chain security. The network safeguards users with sequencer-level security and built-in, automated AI mechanisms that guard against smart contract exploits and malicious actors. The network’s hybrid architecture, which combines battle-tested rollup infrastructure with zero-knowledge proofs, results in…