Tag: Labs
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
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USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns
Ethena Labs, the firm behind the USDe stablecoin, currently offers an annual yield of 17.2%, a rolling average over the past seven days, to investors [...]
Usual Labs Raises $7M Round From Kraken Ventures and IOSG to Launch USD0 Stablecoin
The French company raised money from more than a hundred firms, including two leading co-investors, IOSG and Kraken Ventures. Other investors included [...]
Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise
Unlike asset-backed stablecoins like tether (USDT) and USDC, whose value is secured against dollars or dollar-equivalents such as U.S. government debt [...]
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
Zero-knowledge technology allows for data to be transferred securely and quickly between parties and is used to scale blockchains through rollups. Rol [...]
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
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ENA Rises 15% as Ethena Labs Increases Staking Rewards
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of "season 2," which includes a 50% increase in rewards for s [...]
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports
Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm t [...]
Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May 2021, Kwon and Terraform Labs made a [...]
Ethena Labs’ New ENA Token Rallies Overnight
Bitcoin’s (BTC) steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder k [...]
DeFi Project Ethena Labs’ ENA Token Starts Trading at 64 Cents
The USDe token, which is referred to as a “synthetic dollar,” offers yields to investors by pairing ether liquid staking tokens with short ether (ETH) [...]
TRM Labs Says Illicit Funds in Crypto Shrank 9% in 2023; Criminals Still Handled $34B
Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even [...]
AI Bot ‘Syntax’ From Spectral Labs Could Help Non-Coders Write Ethereum Apps
"Say I want to code an ERC-20 token called 'ABC' with 100 million supply," Spectral Labs CEO Sishir Varghese told CoinDesk in an interview. "Syntax wo [...]
Do Kwon Released From Montenegrin Prison on Bail; Terraform Labs’ Civil Trial Begins in NYC
Both countries want to try Kwon on criminal charges, including fraud, tied to the $40 billion collapse of the Terra ecosystem in May 2022. After the T [...]
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censor [...]