Balancer co-founder Fernando Martinelli said Balancer Labs will shut down as the protocol pivots toward a leaner, DAO-led structure following months of …
Labs
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DeFi
Balancer Labs shuts down 4 months after $100M+ exploit, protocol to continue
by shayaanby shayaanBalancer Labs, the team behind the decentralized finance protocol Balancer, is shutting down after mounting financial pressure and a $116 million hack in …
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In short Balancer Labs is shutting down after a $128 million exploit left the company facing legal problems and unable to generate …
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Markets
Balancer Labs will shut down as corporate entity became 'a liability' after $110 million exploit
by shayaanby shayaanCo-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the …
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In brief Story Protocol developer PIP Labs has let go of several employees and contractors. The reductions come as the firm explores …
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Finance
Tether invests in Ark Labs to make Bitcoin ready for stablecoins and payments
by shayaanby shayaanTether, the crypto firm behind the most popular stablecoin $USDT, said Thursday it has invested in Ark Labs to bring programmable payments …
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DeFi
Aave Labs Introduces Two-Part Licensing Framework for Aave V4 Repositories
by shayaanby shayaanAave Labs has proposed a two-part licensing framework for V4 repositories: a business source license and a contributor licensing agreement. The first …
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Web3
Movate and Kahuna Labs Partner to Underwrite the Future of Technical Support with AI-Driven Outcomes
by shayaanby shayaanPLANO, Texas and BENGALURU, India, March 9, 2026 /PRNewswire/ — Movate, a global leader in digital technology and customer experience (CX) services, today …
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DeFi
Aave trades within tight range as Aave Labs advances contested V4 upgrade
by shayaanby shayaanThe Aave token is attempting to break out of a tight trading range as Aave Labs published the full results of its …
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In brief Cortical Labs connected 200,000 human neurons to Doom using electrical stimulation and software controls. The cells can navigate and shoot, …