Cryptocurrency Analysis and News Portal
As the co-founder of Terraform Labs, Do Kwon, is facing possible extradition to South Korea or the United States from a jail cell in Montenegro, the company has appointed a new CEO. Kwon still remains the principal shareholder of Terra. According to The Wall Street Journal, U.S. citizen Chris Amani is
Read More
Second, a “System Smart Contracts Governance” pillar that facilitates upgrades for protocol changes or software that is implemented as a smart contract. Such changes would be overseen by an Ecosystem Council, elected and governed by the community, made up of reputed members. Source
Read More
Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently. Original Source
Read More
Warner’s The Flash goes Web3, to a lack of applause…Warner Bros.’ nonfungible token (NFT) unit has unveiled a new Web3 experience for the recently released DC Comics superhero movie, The Flash, which reportedly flopped at the box office. According to an announcement from Warner Bros. Digital Collectibles, The Flash Web3 Movie
Read More
On the second category of sales, programmatic sales, the Court found in Ripple’s favor, arguing that the third, “expectation of profits” prong of Howey was not met. “Ripple’s Programmatic Sales were blind bid/ask transactions,” the Court wrote, “and Programmatic Buyers could not have known if their payments of money went
Read More
“While the Ethereum staking ecosystem is already mature and features multiple protocols and services, it's somewhat centralized today as the top three entities have more than 50% ETH staked on them while the predominant liquid staking protocol has roughly 90% market share,” said Amitej Gajjala, CEO at Stader Labs, told
Read More
Dapper Labs made prior cuts in February and November. Source
Read More
Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year.On July 13, Dapper Labs CEO Roham Gharegozlou announced that the firm has said goodbye to “51 brilliant colleagues and friends.”In a note to employees, he said that the latest
Read More
“The Xterio ecosystem is expanding faster than ever and bridges free-to-play genres with on-chain gaming enhanced by AI capabilities,” said Yi He, co-founder of Binance and head of Binance Labs. “The Xterio core team brings together experienced Web2 professionals with Web3 expertise; we look forward to closely working with them
Read More
Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, has reportedly had his first hearing for charges related to allegedly illicit profits from the sale of Terra (LUNA).According to a July 10 report from News1 Korea, a trial preparation hearing for Shin and 7 alleged accomplices began in a
Read More