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
Jellybean™ to Transform Phygital Landscape with Aptos Labs Investment
San Francisco, California, June 10th, 2024, Chainwire Jellybean™, a pioneering company in the phygital space, has received an investment from Aptos Labs, further solidifying their partnership aiming to bridge the physical-digital divide. This strategic investment underscores the potential of Jellybean™ to standardize how brands engage with consumers across an increasing spectrum of products — from fan-fueled collectibles to luxury goods. Jellybean™ is set to compete with the likes of IYK, leveraging its innovative technology to create a new standard in…
12 months ago
Dogecoin and Shiba Inu Competitor FLOKI Gets $12M Investment from DWF Labs for Ecosystem Support
DWF Labs is investing $12 million in Floki, driving market confidence in the growth of the ecosystem. Floki’s price surged by over 30% after the investment announcement. Floki (FLOKI), a cryptocurrency competitor to Dogecoin (DOGE), has seen a significant price surge after DWF Labs announced a new $12 million investment in the token. This announcement comes as Floki prepares to release several key products that could potentially solidify its position in the digital assets sector. The firm announced this support…
1 year ago
DWF Labs To Purchase $12,000,000 In FLOKI Tokens To Support The FLOKI Ecosystem
The post DWF Labs To Purchase $12,000,000 In FLOKI Tokens To Support The FLOKI Ecosystem appeared first on Coinpedia Fintech News As a testament to its unwavering support for the Floki Ecosystem, DWF Labs, a renowned digital asset market maker and multi-stage Web3 investment firm, is making a substantial commitment to purchase $12,000,000 in FLOKI tokens. A portion of the tokens will be acquired from the market, and the rest will be from the Floki treasury. This is coming after a…
1 year ago
Haven1 and Stader Labs Partner to Bring Liquid Staking to the Safe Haven Ecosystem
Zug, Switzerland, June 4th, 2024, Chainwire New liquid staking token hsETH unlocks greater rewards on Haven1 Haven1, the REKT-resistant EVM Layer 1 blockchain, is thrilled to announce its strategic partnership with Stader Labs, a leading provider of liquid staking solutions, to introduce hsETH, a new liquid staking token that aims to maximize rewards and participation in the Ethereum ecosystem. This collaboration will provide access to a range of Web3 opportunities within Haven1's secure ecosystem. Leveraging Stader Labs' multi-pool architecture, hsETH…
1 year ago
CFTC Names CEO Of Aptos Labs To Its Digital Assets Subcommittee
The Commodity Futures Trading Commission (CFTC) has named Aptos co-founder and CEO Mo Shaikh to its subcommittee on digital assets. The CFTC’s Digital Assets Subcommittee is part of a larger committee made up of industry representatives who will advise the agency on rulemaking and regulation. Aptos CEO Appointed To Digital Assets Subcommittee The Digital Assets Subcommittee will operate under the Global Markets Advisory Committee (GMAC). Established in 1998, the GMAC consists of financial executives, including higher-ups from institutions such as…
1 year ago
Aptos Labs CEO Mo Shaikh Joins CFTC’s Digital Assets Subcommittee
The post Aptos Labs CEO Mo Shaikh Joins CFTC’s Digital Assets Subcommittee appeared first on Coinpedia Fintech News The Commodities Futures Trading Commission (CFTC) has appointed Mo Shaikh, co-founder and CEO of Aptos Labs, to its Digital Assets Markets Subcommittee. This committee, part of the Global Markets Advisory Committee, advises the CFTC on international trade and regulation. Shaikh’s inclusion signifies Aptos’ growing market influence. The subcommittee also features leaders from BlackRock, Polygon Labs, and Uniswap Labs. Previously, Shaikh had emphasized…
1 year ago
Milady Meme Coin Secures US$5 Million Investment from DWF Labs
Seychelles, Seychelles, June 3rd, 2024, Chainwire Milady Meme Coin ($LADYS) has announced a significant US$5 million investment from DWF Labs. This investment marks a pivotal moment for $LADYS, positioning it for accelerated growth and innovation within the cryptocurrency landscape. A New Era for Milady Meme Coin With the infusion of capital from DWF Labs, $LADYS is poised to lead the next wave of innovation in the meme coins space. The collaboration between Milady Meme Coin and DWF Labs is expected…
1 year ago
Terraform Labs and CEO Do Kwon to Settle Fraud Case with SEC
Terraform Labs and CEO Do Kwon reach a preliminary settlement with the SEC over allegations of misleading investors. The settlement terms are set to be finalized and submitted for court approval by June 12, 2024. According to the Securities and Exchange Commission v. Terraform Labs case, as documented in Court Listener last updated on May 30, 2024, the lawyers representing both parties announced a settlement in principle during a telephone conference before Judge Jed Rakoff. The details are to be…
1 year ago
LUNA Price Skyrockets Amid Terraform Labs’ Settlement with SEC
The post LUNA Price Skyrockets Amid Terraform Labs’ Settlement with SEC appeared first on Coinpedia Fintech News Terraform Labs and its co-founder, Do Kwon, have reached a “settlement in principle” with the U.S. Securities and Exchange Commission (SEC) in a civil fraud case. The SEC previously accused Terraform and Kwon of deceiving their investors about the stability of their products, which resulted in the collapse of their $40 billion ecosystem in May 2022. A recent court filing says a conference…
1 year ago