Dapper Labs Laying Off Another 20% of Its Staff: Report
The job cuts follow a previous 22% workforce reduction in November. Original Source
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Labs
DWF Labs Invests $25M in Privacy Tech Startup Beldex
“We are excited about Beldex’s ecosystem, which offers scalable and secure decentralized applications prioritizing privacy,” DWF Labs managing partner Andrei Grachev said in the announcement post. “The BDX token is integral to this ecosystem, providing a secure means of payment and incentives for users to contribute. We believe that Beldex’s
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Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs
Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs Original Source
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Dapper Lab’s NBA Top Shot Moments qualify as a security, says U.S. judge
NBA Top Shot Moments nonfungible tokens (NFTs) may be considered a security, as it meets the requirements under the United States security laws, according to court filings on Feb 22. The decision comes as federal judge Victor Marreo denied a motion from Dapper Labs CEO Roham Gharegozlou to dismiss a class
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NBA's 'Top Shot' NFTs Are Securities, Judge Rules in Dapper Labs Case
Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated. Source
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Chaos Labs Secures $20 Million Funding Led by PayPal and Galaxy Digital
Chaos Labs said that it will use these funds to boost the security of the DeFi protocols through its services like capital efficiency and risk optimization, streamlined risk assessments, spend optimizations, and much more. Despite these tumultuous times in the market, crypto firms continue to secure fresh funding. On Tuesday,
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PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs
Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols.With an automated risk management platform, Chaos Labs protects crypto protocols against external exploits and risks. The platform does this by
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Galaxy Digital, PayPal Lead $20M Fundraise for Chaos Labs
The startup offers an automatic economic security system and simulation engine for decentralized finance projects. Source
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Polygon Labs Cuts 20% Workforce, Almost 100 Jobs
The firm said that the job cuts are part of its consolidation earlier this year. Original Source
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Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
The iconic wolf skull logo of Bored Ape Yacht Club (BAYC), Yuga Labs’ premier nonfungible tokens (NFTs) collections, was allegedly illegally trademarked without proper licenses. The image was originally released by a company specializing in drawing tutorials for children and beginners.NFTs were introduced to the world to help solve the
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