The U.S. Securities and Exchange Commission (SEC) has officially closed its inquiry into Yuga Labs. This decision marks a significant shift for …
Labs
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In a move that’s sending ripples through the crypto sphere, prominent digital asset market maker DWF Labs has reportedly transferred a substantial …
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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 …