Tag: labs

Yuga Labs Sewer Pass NFT collection sells over $6 million in just a few hours

afterlaunch announcementA new NFT token project within the Bored Ape Yacht Club ecosystem from Yuga Labs byLaunch of Mint Sewer Passes and made more than 4,000 ETH (more than $6 million) on all sales within hours. Bored Ape Yacht Club (BAYC) or Mutant Ape Yacht Club (MAYC) NFT holders are eligible to receive a free Sewer Pass, which will serve as a key to a game called Dookey Dash. rebuilt or bought in the secondary market) canYou can play Dookey...

Yuga Labs Blacklists Blur, SudoSwap, and Other Markets for Mint “Sewer Pass”

Yuga Labs Blacklists At Least Four Other Markets That Do Not Set NFT Licenses In Newest Mint NFT Sewer Pass The Sewer Pass includes coding that blocks NFT transactions from wallets owned by Blur, SudoSwap , LooksRare and NFTX. according to said Simon Cousaert, director of data at The Block Research. LookRare and Blur have optional licensing systems, and NFTX and SudoSwap do not support licensing. A couple of addresses are non-valid, they are on the BlockList of the Registry...

Yuga Labs Continues Suing Artists Who Copy and Sell Bored Ape NFT Collection

The legal conflict between Yuga Labs and the artist and his NFT business partners continues. Because the US Federal Court Denied a petition to dismiss objections from the creators of the Bored Ape Yacht Club, according to documents atlodgeon friday Yuga Labs file a lawsuitThe first was in June against California artist Ryder Ripps and NFT Not Larva Labs founder Jeremy Cahen, accusing them of copying and selling NFT collections and devaluing original Bored Ape products. Defendants Ripps and Cahen...

Analyst revealed!! The Terraform Labs team may have destroyed the UST themselves.

Fat Man shared data from an anonymous analyst @Cycle_22 on Twitter showing that Terraform Labs sold a massive 450 million UST in April 2022. New blockchain data reveals the root cause of the May UST depeg. In the 3 weeks leading up to the depeg, one entity dumped over $450m of UST on the open market. 4 days after their last sale, UST started collapsing.That entity? None other than Terraform Labs. Details inside. pic.twitter.com/aFfzgpBZ5A— FatMan (@FatManTerra) December 6, 2022 Fat...

Prosecutors in South Korea seek arrest warrant for Terraform Labs co-founder Daniel Shin

The Southern District Prosecutor's Office in Seoul said Wednesday it was seeking an arrest warrant for Daniel Shin accused of illegally profiting from Terra, the blockchain ecosystem overseen by Terraform Labs, before its meltdown. May according toreportfrom Yonhap news agency The same officer reportedly raided the offices of Chai Corporation, a payment technology company founded by Shin, earlier this month. which was previously South Korean authorities have issued an arrest warrant for Terraform Labs founder Do Kwon, its CEO, and...

Binance Labs Announces Investment in Belgian Hardware Wallet Firm Ngrave

Binance Cryptocurrency Trading Platform is entering the hardware wallet industry according to the company.announceOn November 21, Binance Labs announced that it has made a strategic investment in Belgian hardware wallet company Ngrave and will lead the upcoming Series A round. As @cz_binance said, self-custody is fundamental human right.This is why we're making a strategic investment in and will be leading the upcoming Series A round of @ngrave_officiala hardware wallet and the 1st complete solution for self-custody.https://t.co/ySJcHGpoIm— Binance Labs Fund (@BinanceLabs)...

zkSync Developer Matter Labs Raises $200 Million, Commits to Fully Open Source Platform

Matter Labs, developer of zkSync, confirmed on Nov. 16 that it has closed a $200 million Series C funding round led by Blockchain Capital and Dragonfly, with additional participation from LightSpeed ​​Venture Partners, Variant, and Andreessen Horowitz. Samart CompanyRaised $458 million inEvery round, including $200 million from BitDAO allocated for ecosystem fundraising projects. Founded in 2018, Matter Labs is working to scale Ethereum through zero-knowledge proofs, a digital authentication process that allows for seamless data sharing between two parties. Developed...

Terraform Labs , LFG Publish Audit on TerraUSD (UST) Price Protection and Find No Misuse of Funds

Luna Foundation Guard (LFG) and Terraform Labs (TFL) released a technical audit of TerraUSD (UST) price protection efforts between 8 and 12 May.have a purposeto answer questions “Allegations posted on social media” about the fate of funds transferred during efforts to protect UST from pegs. The audit found that LFG spent 80,081 Bitcoin and $49.8 million in stablecoins (roughly $2.8 billion at the time) to protect UST from breaking its peg, consistent with what LFG stated in a May 16...