In a move that’s sending ripples through the crypto sphere, prominent digital asset market maker DWF Labs has reportedly transferred a substantial …
Labs
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Adoption
Japanese TradFi giant eyes stablecoin launch with Ava Labs, Fireblocks
by shayaanby shayaanJapanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based …
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DeFi
Falcon Finance Unveils Governance Token Plans, Confirmed by DWF Labs Co-founder
by shayaanby shayaanExciting news is brewing in the decentralized finance (DeFi) space! Falcon Finance, a synthetic dollar protocol, is gearing up to launch its …
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Sonic Labs has suddenly dropped its plan to launch a USD-backed algorithmic stablecoin, shifting its focus to a UAE dirham-backed alternative. The …
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Terraform Labs, the firm behind the collapsed Luna token and the TerraUSD stablecoin, will open a portal on March 31 to allow …
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DWF Labs is deploying $250 million to drive crypto growth, with $25 million and $10 million deals already secured. Crypto trading firm …
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Crypto market maker and investor DWF Labs said it established a $250 million fund for investment in mid and large-cap cryptocurrency projects. …
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Regulation
German regulator rejects Ethena Labs’ license application in the EU, suspects sUSDe is a security
by shayaanby shayaanGermany’s Federal Financial Supervisory Authority (BaFin) has rejected Ethena Labs’ application to issue asset-referenced tokens under the European Union’s Markets in Crypto-Assets …
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Adoption
Ethena Labs and Securitize launch institutional-focused Layer-1 blockchain called Converge
by shayaanby shayaanEthena Labs and Securitize have announced the launch of Converge, a layer-1 blockchain focused on institutional capital flows and integrating tokenized assets …
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Regulation
SEC concludes Yuga Labs, Bored Ape Yacht Club investigation with no charges
by shayaanby shayaanThe US Securities and Exchange Commission has officially closed its investigation into Yuga Labs, the company behind the Bored Ape Yacht Club …