Polygon Labs And NEAR Foundation Partner For zkWasm L2 Prover Integration
Polygon Labs (MATIC) and the NEAR Foundation have recently announced their collaboration on the development of a zero-knowledge (ZK) prover for the
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Labs
CoinMarketCap Launching CMC Labs – Web3 Startup Accelerator Program
The CMC Labs program will last for one year only. Notably, it is highly selective, with a limited number of participants. Those who want to become a part of CMC Labs have to meet a number of certain criteria. The world’s leading provider of data on crypto market capitalizations CoinMarketCap has
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Polygon Labs and Near announce ZK prover for WASM integration
The developers of the Near and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov. 8. The new prover, called “zkWASM,” will for the first time allow WASM-based networks to join the Polygon ecosystem.Zero-knowledge, meet Web
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Horizen Labs and Stably join hands to launch the first stablecoin, ZUSD, on EON
Horizen Labs, the technology company behind Horizen DAO, and Stably, a Washington-based fintech company, have partnered to launch the Zen USD (ZUSD), the first stablecoin on Horizen’s EON blockchain. Following this launch, users can now mint or redeem ZUSD on the EON network using various payment methods, including ACH, Fedwire, Visa, Mastercard, and
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Ava Labs Cuts 12% of Workforce amid Early Signs of Crypto Market Recovery
According to Ava Labs CEO Emin Gün Sirer, the cuts were necessary to restructure and reallocate resources in the ongoing crypto bear market. The cryptocurrency job market continues to face issues with layoffs amid the challenges and uncertainty of the crypto bear market. One of the recent ones is the recent
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Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources.The firm’s founder and CEO Emin Gün Sirer confirmed the news on Nov. 7 after several former Ava Labs employees
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Yuga Labs, Magic Eden unveil Ethereum NFT marketplace
Yuga Labs, the creators of Bored Ape Yacht Club and Magic Eden, are collaborating to launch an Ethereum NFT marketplace that will ensure creators receive their right royalties. In a statement shared on their X platform, Magic Eden expressed enthusiasm for collaborating with Yuga Labs and their joint efforts in building
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U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs
The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches. The agency also seeks to forego a full trial due to a clear set of undisputed facts in its lawsuit. It argues that the pooling of funds in a
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SEC seeks summary judgment in Do Kwon and Terraform Labs case
The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims. A court filing from Oct. 27 showed the SEC’s reluctance to accept the jury’s leniency on Do Kwon and his involvement in facilitating
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Arta partners with Chainlink Labs to forge new compliant cross-chain investment tokens
Arta has allied with Chainlink Labs to create regulatory-compliant, cross-chain fund tokens, bridging traditional and blockchain investments pending regulatory approval. Arta is teaming up with Chainlink Labs to make a new kind of investment token that works across different blockchain systems and complies with financial regulations. The Chow Tai Fook family, Hong
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