Two crypto companies named new CEOs this week. What some would consider an anti-crypto firm did too.
Vijay Chetty replaced Neel Somani as Eclipse Labs’ chief executive, the company said in a Wednesday X post.
Chetty had been the…
According to Elizabeth Stark, CEO of Lightning Labs, the firm is bringing stablecoins and tokenized assets to the Bitcoin (BTC) network. Stark noted that developers have begun testing the initiatives on the Lightning Network.
Speaking…
Amid Yuga Labs’ restructuring, how are investors and collectors reacting to the changing situation of the NFT market?
Yuga Labs, the company behind the immensely popular Bored Ape Yacht Club (BAYC) NFT collection, is undergoing a…
Less than seven months after its last round of layoffs, Web3 gaming and NFT company Yuga Labs cut more roles Friday. It was not clear how many staff were affected by the layoffs.
“To put it simply: Yuga lost its way. Getting ourselves…
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Yuga Labs, the team behind the Bored Ape Yacht Club (BAYC) NFT collection, has initiated a company restructuring to prioritize its core crypto business, which includes the Otherside metaverse project, said…
The blockchain race is about to get even more crowded: Movement Labs, a San Francisco–based software development team that’s building a layer 2 Ethereum blockchain, has closed a $38 million funding round, Fortune has exclusively learned.…
Blockchain infrastructure developer Aptos Labs penned partnerships with major tech and finance firms to build out its Aptos Ascend.Aptos Ascend is a digital asset management platform for financial institutions. The product will use…
The SEC secretly investigated Dapper Labs in September but closed the case in December 2023.
The document, acquired by Fortune and referred to as a “Case Closing Report,” was signed off by David Hirsch, head of the SEC’s Crypto Asset…
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Alpen Labs is building an infrastructure for zero-knowledge proofs on Bitcoin.
The company believes ZK rollups can expand the utility of the world’s biggest cryptocurrency.
Alpen Labs said its programmable…
A jury in a U.S. District Court has found Terraform Labs and its co-founder, Do Kwon, liable for defrauding investors in crypto asset securities.
The court found earlier that the company and Kwon unlawfully…
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