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Yuga Labs bolsters leadership with gaming industry vets

0xMain
April 28, 2023

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Yuga Labs, creator of Bored Ape Yacht Club and Otherside, is adding prominent gaming professionals to its team, including Mike Seavers as its new CTO, in a strategic move to strengthen and expand its unicorn startup. A few months following the appointment of...

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Yuga Labs wins trademark case against Bored Ape interloper

0xMain
April 27, 2023

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Yuga Labs, the creators of Bored Ape Yacht Club (BAYC), a collection of non-fungible tokens (NFTs) featuring digital images of apes, has won a lawsuit against artist Ryder Ripps and his co-defendant Jeremy Cahen, who copied their NFTs and sold them as RR/BAYC....

Terraform Labs co-founder indicted in South Korea

0xMain
April 25, 2023

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Daniel Shin, co-founder of Terraform Labs, is among ten individuals charged in South Korea, as legal repercussions from the Terra crisis continue to unfold across multiple countries. Daniel Shin, co-founder of Terraform Labs, has been charged alongside nine other individuals in South Korea...

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US court sides with Yuga Labs, agrees RC BAYC are copycats

0xMain
April 23, 2023

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The United States District Court for the Northern District of California has sided with Yuga Labs, the creator of Bored Ape Yacht Collection (BAYC), in their case against Ryder Ripps and Jeremy Cahen. Yuga Labs wins case against Ryder Ripps In a partial summary judgment,...

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Offchain Labs, team behind Arbitrum, locks over $3.7b of ARB for 4 years

0xMain
April 1, 2023

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New York-based Offchain Labs, the development team behind Arbitrum, a layer-2 scaling solution for Ethereum, has moved 2.679b ARB, worth over $3.7b, on-chain data on Apr. 1 indicates. The ARB transfer to a custodian According to Arkham Intelligence, an analytics firm, the large...

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DWF Labs raises $10m aimed at web3 startup Radix Tokens

0xMain
March 23, 2023

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DWF Labs has organized a private investment round that resulted in the acquisition of $10 million for the asset-oriented innovative contract platform Radix Tokens. This investment offers Radix a value of $400 million and will help the platform’s efforts to expand its high...

Terraform Labs’ Do Kwon allegedly arrested in Montenegro

0xMain
March 23, 2023

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Montenegrin police have detained “the most wanted fugitive in the world” — Do Kwon, a South Korean national, co-founder, and CEO of Terraform Labs based in Singapore. According to Filip Adzic, Montenegro’s interior minister, Kwon, responsible for over $40 billion in losses, was...

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Enya Labs partners with Dubai Multi Commodities Center to expand web3 in Boba Network

0xMain
March 22, 2023

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Enya Labs, a core contributor of Boba Network, has partnered with Dubai Multi-Commodities Crypto Center (DMCC) to grow blockchain and Web3 enterprises in Dubai. The hybrid blockchain can access off-chain data to build smarter applications. Enya Labs and DMCC partner for web3 scaling...

Singapore investigating Do Kwon’s Terraform Labs

0xMain
March 7, 2023

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Terraform Labs, the company co-founded by Do Kwon which is also behind the collapsed Terra ecosystem, is facing fresh investigations from the Singaporean police. Singapore probes Terraform Labs According to Bloomberg on March 6, 2023, the Singaporean police said via an email that...

Albright Capital drops lawsuit against Terraform Labs and Do Kwon

0xMain
January 12, 2023

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Albright Capital has voluntarily dropped its lawsuit against Terraform Labs and Do Kwon. Zhu Su, the founder of Three Arrows Capital, posted a portion of the dismissal letter on Twitter. In his Twitter post, Zhu said: Curious how long it will take cryptonative...